Axalta Coating Systems Ltd (NYSE: AXTA) is 7.19% higher on its value in year-to-date trading and has touched a low of $30.41 and a high of $41.65 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 $36.63 in the last trading session, with the day’s gains setting it 0.05%.
Currently trading at $36.68, the stock is -0.84% and 1.72% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.44 million and changing 0.14% at the moment leaves the stock 1.46% off its SMA200. AXTA registered 13.77% gain for a year compared to 6-month gain of 2.92%.
The stock witnessed a -1.34% loss in the last 1 month and extending the period to 3 months gives it a -7.79%, and is -0.65% 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 2.36% over the week and 2.15% over the month.
Axalta Coating Systems Ltd (AXTA) has around 12800 employees, a market worth around $8.00B and $5.28B in sales. Current P/E ratio is 20.65 and Fwd P/E is 12.91. Profit margin for the company is 7.41%. Distance from 52-week low is 20.62% and -11.94% from its 52-week high. The company has generated returns on investments over the last 12 months (7.26%).
The EPS is expected to grow by 8.39% this year
The shares outstanding are 218.10M, and float is at 217.21M with Short Float at 1.99%.
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 8.2957 and valued at over $$623.34 million, while BARROW HANLEY MEWHINNEY & STRAUSS LLC holds 6.8258 of the shares totaling 15.01 million with a market value of $$512.89 million.
Axalta Coating Systems Ltd (AXTA) Insider Activity
The most recent transaction is an insider sale by Weaver Troy D., the company’s President, Global Refinish. SEC filings show that Weaver Troy D. sold 10,457 shares of the company’s common stock on Feb 10 ’25 at a price of $37.57 per share for a total of $0.39 million. Following the sale, the insider now owns 74905.0 shares.
