Axalta Coating Systems Ltd (NYSE: AXTA) is -1.08% lower on its value in year-to-date trading and has touched a low of $30.40 and a high of $41.65 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AXTA stock was last observed hovering at around $33.56 in the last trading session, with the day’s gains setting it 0.29%.
Currently trading at $33.85, the stock is -6.82% and -10.79% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.65 million and changing 0.86% at the moment leaves the stock -4.81% off its SMA200. AXTA registered 3.49% gain for a year compared to 6-month gain of 0.30%. The firm has a 50-day simple moving average (SMA 50) of $37.945 and a 200-day simple moving average (SMA200) of $35.56065.
The stock witnessed a -16.07% loss in the last 1 month and extending the period to 3 months gives it a -4.38%, and is -2.25% down 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 1.93% over the week and 1.96% over the month.
Axalta Coating Systems Ltd (AXTA) has around 12000 employees, a market worth around $7.45B and $5.26B in sales. Current P/E ratio is 22.83 and Fwd P/E is 14.22. Profit margin for the company is 6.22%. Distance from 52-week low is 11.35% and -18.74% from its 52-week high. The company has generated returns on investments over the last 12 months (6.05%).
with sales reaching $1.31B over the same period.The EPS is expected to grow by 37.08% this year, but quarterly earnings will post 1.70% year-over-year. Quarterly sales are estimated to grow 1.07% in year-over-year returns.
Axalta Coating Systems Ltd (AXTA) Top Institutional Holders
540.0 institutions hold shares in Axalta Coating Systems Ltd (AXTA), with institutional investors hold 103.15% of the company’s shares. The shares outstanding are 218.00M, and float is at 217.22M with Short Float at 2.03%. Institutions hold 102.75% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 23.98 million shares valued at $819.35 million. The investor’s holdings represent 10.8845% of the AXTA Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 19.95 million shares valued at $681.81 million to account for 9.0573 of the shares outstanding. The other top investors are FMR LLC which holds 18.24 million shares representing 8.2806% and valued at over $623.34 million, while BARROW HANLEY MEWHINNEY & STRAUSS LLC holds 6.8134 of the shares totaling 15.01 million with a market value of $512.89 million.
Axalta Coating Systems Ltd (AXTA) Insider Activity
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