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.
A number of analysts gave price targets for AXTA. The maximum price target given was 40, which equates to a potential upside of 24.82 percent. The lowest price target was 29, implying potential capital losses of -9.5 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
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. If we look at the last 90 days instead, we find a net average change of 1.8 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
Analysts estimate earnings of AXTA to grow at a rate of 420.39 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 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. The current market price is above the trailing year's low by 32.04 percent, and 6.03 percent below the high. AXTA has a P/E 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.