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 most pessimistic analyst gave a price target of 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.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, 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. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. AXTA has a PEG ratio of 0.28.
In the trailing 52-weeks, AXTA hit 34.10 at the highest peak, while it's lowest trading point was 24.27. Today's price is 32.04 percent above the 52-week low, and 6.03 percent lower than its 52-week 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 stock has a market capitalization of $7.82 billion. AXTA is estimated to release their earnings results for the quarter on 0000-00-00, days from today.