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AXTA Stock Forecast: All the More Reason to Consider Axalta Coating Systems Ltd (AXTA) Now

Axalta Coating Systems Ltd (NYSE: AXTA) is 6.42% higher on its value in year-to-date trading and has touched a low of $25.03 and a high of $36.76 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The AXTA stock was last observed hovering at around $36.03 in the last trading session, with the day’s gains setting it 0.12%.

Currently trading at $36.15, the stock is 1.80% and 6.30% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.55 million and changing 0.33% at the moment leaves the stock 15.07% off its SMA200. AXTA registered 14.15% gain for a year compared to 6-month gain of 10.82%.

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The stock witnessed a -0.17% loss in the last 1 month and extending the period to 3 months gives it a 8.59%, and is 0.78% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.50% over the week and 1.63% over the month.

Axalta Coating Systems Ltd (AXTA) has around 12000 employees, a market worth around $7.98B and $5.19B in sales. Current P/E ratio is 32.32 and Fwd P/E is 15.92. Profit margin for the company is 4.77%. Distance from 52-week low is 44.43% and -1.66% from its 52-week high. The company has generated returns on investments over the last 12 months (4.82%).

with sales reaching $1.34B over the same period.The EPS is expected to grow by 26.35% this year, but quarterly earnings will post 2.60% year-over-year. Quarterly sales are estimated to grow 3.80% in year-over-year returns.

Axalta Coating Systems Ltd (AXTA) Top Institutional Holders

The shares outstanding are 220.10M, and float is at 219.86M with Short Float at 2.94%.

Axalta Coating Systems Ltd (AXTA) Insider Activity

The most recent transaction is an insider sale by Awada Hadi,the company’sSVP, Glbl Mobility Coatings. SEC filings show that Awada Hadi sold 10,500 shares of the company’s common stock on Dec 04 ’23 at a price of $31.99 per share for a total of $0.34 million. Following the sale, the insider now owns 14656.0 shares.

Axalta Coating Systems Ltd disclosed in a document filed with the SEC on Nov 17 ’23 that BERUBE BRIAN A (SVP and General Counsel) sold a total of 7,500 shares of the company’s common stock. The trade occurred on Nov 17 ’23 and was made at $31.19 per share for $0.23 million. Following the transaction, the insider now directly holds 44408.0 shares of the AXTA stock.

Still, SEC filings show that on Nov 14 ’23, Massey Anthony (VP, Global Controller, PAO) disposed off 17,915 shares at an average price of $30.88 for $0.55 million. The insider now directly holds 19,420 shares of Axalta Coating Systems Ltd (AXTA).

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