Axalta Coating Systems (NYSE:AXTA) Releases FY 2025 Earnings Guidance

Axalta Coating Systems (NYSE:AXTA) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 2.500-2.600 for the period, compared to the consensus EPS estimate of 2.350. The company issued revenue guidance of $5.4 billion-$5.4 billion, compared to the consensus revenue estimate of $5.4 billion. Axalta Coating Systems also updated its FY25 guidance to $2.50-2.60 EPS.

Axalta Coating Systems Price Performance

Shares of NYSE:AXTA opened at $37.89 on Thursday. The company has a quick ratio of 1.42, a current ratio of 2.00 and a debt-to-equity ratio of 1.80. The stock’s 50 day moving average is $36.46 and its 200-day moving average is $36.40. Axalta Coating Systems has a twelve month low of $30.40 and a twelve month high of $41.65. The firm has a market capitalization of $8.26 billion, a price-to-earnings ratio of 25.60, a PEG ratio of 0.74 and a beta of 1.46.

Axalta Coating Systems (NYSE:AXTA) last released its quarterly earnings results on Tuesday, February 4th. The specialty chemicals company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.09. The business had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.31 billion. Axalta Coating Systems had a return on equity of 24.92% and a net margin of 6.22%. The company’s quarterly revenue was up 1.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.43 EPS. Sell-side analysts forecast that Axalta Coating Systems will post 2.15 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on AXTA shares. Royal Bank of Canada upped their price target on shares of Axalta Coating Systems from $44.00 to $46.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Evercore ISI started coverage on Axalta Coating Systems in a research note on Wednesday, November 13th. They issued an “outperform” rating and a $47.00 target price for the company. Wolfe Research raised Axalta Coating Systems from a “peer perform” rating to an “outperform” rating and set a $41.00 price target for the company in a research report on Friday, January 17th. Citigroup downgraded Axalta Coating Systems from a “buy” rating to a “neutral” rating and decreased their target price for the company from $45.00 to $41.00 in a report on Wednesday, December 18th. Finally, Mizuho cut their price objective on Axalta Coating Systems from $43.00 to $41.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 7th. Three research analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, Axalta Coating Systems currently has a consensus rating of “Moderate Buy” and an average target price of $43.08.

About Axalta Coating Systems

Axalta Coating Systems Ltd., through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through two segments, Performance Coatings and Mobility Coatings.