ibusinesslines.com
ibusinesslines.com July 16, 2018


Axalta Coating Systems Ltd. (NYSE:AXTA)

13 August 2017, 04:23 | Kelvin Horton

Axalta Coating Systems Ltd. (NYSE:AXTA)

Axalta Coating Systems Ltd

The company beat the analyst EPS Estimate with the difference of $0.01.

Other equities analysts also recently issued reports about the stock. The rating was downgraded by Bank of America to "Underperform" on Wednesday, June 21. Zacks Investment Research downgraded shares of Axalta Coating Systems from a "buy" rating to a "sell" rating in a report on Monday. The 12-month price target is $33.08 with three brokerages rating the company a strong buy, six analysts rating the company a buy, 5 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and lastly zero equity analysts rating the company a sell.

TRADEMARK VIOLATION WARNING: "Axalta Coating Systems Ltd (NASDAQ:AXTA) Lifted to Overweight at J P Morgan Chase & Co" was originally posted by BNB Daily and is owned by of BNB Daily. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the stock. BidaskClub lowered the stock of Axalta Coating Systems from a "hold" recommendation to a "sell" recommendation in a analysis report on early Thur, Jul 27th.

The company now has a P/E ratio of 2873.00 and the market cap of the company is 6.99B. $33.31's average target is 16.22% above currents $28.66 stock price.

Axalta Coating Systems (NASDAQ:AXTA) last issued its quarterly earnings data on Thursday, August 3rd. The specialty chemicals company reported $0.31 EPS for the quarter, missing the consensus estimate of $0.39 by $0.08. Axalta Coating Systems earned a news impact score of 0.14 on Accern's scale. Next quarter's EPS is forecasted at $0.39 and the next full year EPS is anticipated to be $1.57.

Axalta Coating Systems Ltd. now has a P/E ratio of 93.74 and the market value is 6.85B.


COPYRIGHT VIOLATION NOTICE: This report was originally posted by Chaffey Breeze and is owned by of Chaffey Breeze. If you are reading this report on another site, it was illegally stolen and reposted in violation of United States & worldwide copyright & trademark laws. Jefferies upgraded Axalta Coating Systems Ltd (NYSE:AXTA) on Tuesday, February 16 to "Buy" rating. Also, EVP Steven R. Markevich sold 30,874 shares of the company's stock in a transaction dated Monday, May 15th. The stock was bought at an average cost of $28.16 per share, for a total transaction of $112,640.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

About 3.33 million shares traded or 58.57% up from the average. Westfield Capital Management Co Lp now owns 1,504,315 shares valued at $48,198,000. The disclosure for this purchase can be found here.

The stock is now showing YTD performance of 4.08 Percent.

The hedge fund held 259,928 stocks of the specialty chemicals firms shares after scooping up an extra 150,267 shares through out the quarter. Axalta Coating Systems's revenue for the quarter was up 2.3% on a year-over-year basis. Share performance for the month is now at -3.73%. Financial Counselors Inc. now owns 7,145 shares of the specialty chemicals company's stock valued at $229,000 after buying an additional 225 shares during the last quarter. ProShare Advisors LLC raised its position in shares of Axalta Coating Systems by 0.9% in the first quarter. Following the acquisition, the director now directly owns 4,000 shares of the company's stock, valued at approximately $112,640. Looking out over the past year, company shares have been recorded -28.63% off the 52 week high and 13.42% away from the low over the same period. Wells Fargo & Company MN now owns 1,535,409 shares of the specialty chemicals company's stock valued at $49,196,000 after buying an additional 61,622 shares during the last quarter. More interesting news about Axalta Coating Systems Ltd (NYSE:AXTA) was released by: Zacks.com and their article: "Is a Surprise Coming for Axalta Coating Systems (AXTA) This Earnings Season ..." with publication date: August 02, 2017. The Company is a manufacturer, marketer and distributor of coatings systems primarily serving the transportation industry.

ROI deals with the invested cash in the company and the return the investor realize on that money based on the net profit of the business.



Other News

Trending Now

Kicks off the 26th season of the English Premier League
He's not a young guy who comes from another country. "It's not urgent, not desperate to have it done or not done", said Mourinho. In goal, David de Gea remains a steadfast presence and the Spaniard is one of the best keepers in the Premier League .

Guardiola: City Spending Cannot Be Sustained
Diame had to choose between Premier League football with Hull - and another season in the Championship with Newcastle United . We are strong defensively and I predict 1-1.

The EU extended sanctions against the DPRK
The European Union has said that it will convene an extraordinary session next week to discuss the escalating tension with North Korea.

HPE, NASA to Send New Supercomputer Aboard SpaceX
The International Space Station is the testbed for studying the possibilities of long-haul human spaceflight. "By sending a supercomputer to space, HPE is taking the first step in that direction", he wrote.

Derek Jeter-Led Investors Group Purchases The Miami Marlins
A deal would have to be approved by a vote with other franchise owners and could be approved by the first week of October. It was reported Friday that Michael Jordan would also be one of the 16 investors involved in the agreement.

Investor's Watch List: The Dow Chemical Company (NYSE:DOW)
Eastman Chemical (EMN) transacted up 0.193% through out intraday market trading on early Friday , reaching $83.411. Grassi Investment Management raised its position in Dow Chemical Company (The) by 0.4% in the first quarter.

Kylie Jenner Attends Prom for the First Time
However, there has been no confirmation as to whom the source is making these statements hard to believe. And in a new interview with Women's Wear Daily the 20-year-old dished on her expanding beauty empire.