The Lower end of the earnings estimate is $0.29, while the higher end of the earnings estimate is $0.46. On October 10, 2017 the stock rating was set at "Sell" according to a Citigroup report a cut from the previous "Buy" rating. The company beat the analyst EPS Estimate with the difference of $0.01. The mean target price as estimated by the analysts for the company has been recorded at $32.53.
02/14/2017 - Evercore ISI began new coverage on Axalta Coating Systems Ltd. giving the company a "buy" rating. The stock has "Overweight" rating by JP Morgan on Friday, August 4. BidaskClub raised Axalta Coating Systems from a "hold" rating to a "buy" rating in a research note on Tuesday, June 20th. They now have a $36.00 target price on the specialty chemicals company's stock.
The consensus recommendation, according to Zacks Investment research, is 2.2. The stock of Kellogg Company (NYSE:K) earned "Hold" rating by Susquehanna on Friday, May 5.
The company's consensus rating on Reuter's scale remained unchanged from 2.32 to 2.32 during a month.
10 analysts on average are expecting the company to report revenue of $1.15 Billion for the current quarter. If you are viewing this article on another publication, it was illegally stolen and republished in violation of USA and global copyright and trademark laws. Jefferies upgraded Axalta Coating Systems Ltd (NYSE:AXTA) on Tuesday, February 16 to "Buy" rating. In case of gains, the next resistance from accumulated volume will not be far away from today's level at $28.76, $29.25 and $29.68. The stock is now moving above its 20-Day Simple Moving Average of 1.51% with a 50-Day Simple Moving Average of 1.25 percent. The stock appeared $34.10 above its 52-week highs and is down -3.38% for the last five trades. The firm has a market capitalization of $6.95 billion and a price-to-earnings ratio of 2857.00.
Axalta Coating Systems (NASDAQ:AXTA) last posted its earnings results on Thursday, August 3rd. However, -0.35% over the last one month, -13.16% for the last quarter and year to date performance stands at 5.74%.
Analysts believe that the company has the potential to earn average revenue of $1.12 Billion for the current quarter. After the latest session, which saw the stock close at a price of $28.57, AXTA sits below its 52-week high. W&T Offshore, Inc. earnings have declined with an annualized rate of -25.7% over the last 5 years.
In other news, Director Samuel L. Smolik acquired 4,000 shares of Axalta Coating Systems stock in a transaction that occurred on Monday, August 7th. BlackRock Inc. now owns 18,564,446 shares of the specialty chemicals company's stock valued at $597,775,000 after acquiring an additional 18,280,429 shares during the last quarter. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The stock was sold at an average price of $30.00, for a total value of $1,046,220.00. The disclosure for this sale can be found here. Finally, Advisor Group Inc. lifted its stake in shares of Axalta Coating Systems by 217.3% during the second quarter. Float is the proportion of issued also outstanding shares that can be liberally traded, nothing like locked-up insider holdings or restricted employee shares.
Tuesday Morning Corporation (NASDAQ:TUES) had a decrease of 1.38% in short interest. Acrospire Investment Management LLC lifted its holdings in shares of Axalta Coating Systems by 257.0% in the 2nd quarter. However, the volume average of the last three months is 0.2 million shares.
12/02/2016 - Axalta Coating Systems Ltd. was downgraded to "hold" by analysts at Vertical Group.
Another recent and important Axalta Coating Systems Ltd (NYSE:AXTA) news was published by Nasdaq.com which published an article titled: "Steven Romick Buys Tencent Holdings, Porsche Automobil Holding SE, Axalta ..." on October 06, 2017.