Analyst Ratings for Axalta Coating Systems Ltd. (AXTA)Updated: 2017-07-26
Analysts covering Axalta Coating Systems Ltd. (NYSE:AXTA) have given it a consensus rating of Overweight. A consensus rating of Overweight was previously issued for AXTA last month.
8 analysts declared AXTA a buy, 1 issued an overweight rating, 10 issued a hold rating, 1 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 1.
AXTA was given price targets by several analysts. The highest price target was 40, implying potential capital gains of 24.82 percent. The minimum price target given was 29, which equates to a potential downside of -9.5 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -3.69 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.71 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.8 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of AXTA's earnings is estimated by analysts to be 420.39 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of AXTA is 0.28.
In the last 52-weeks, AXTA has achieved a high of 34.10 and a low of 24.27. Today's price is 32.04 percent above the 52-week low, and 6.03 percent below the high. AXTA has a price/earnings ratio of 118.7. Investors typically compare the P/E ratio to a company's peers in the industry. The AXTA value stock report compares AXTA to some of its peers using value stock charts. The market cap of AXTA is $7.82 billion. AXTA will post this quarters earnings in days, on 0000-00-00.