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.

Investment analysts gave a few price targets for AXTA. The most optimistic price target was 40, implying a possible profit of 24.82 percent. The minimum price target given was 29, implying potential capital losses 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. That number becomes -3.69 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0.71 percent, compared to last month. 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. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.

AXTA has an estimated earnings growth rate of 420.39 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of AXTA is 0.28.

AXTA has traded between a high of 34.10 and a low of 24.27 over the past year. The current market price is above the trailing year's low by 32.04 percent, and below the high by 6.03 percent. 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.