Axalta Coating Systems Stock Today

AXTA Stock  USD 38.89  0.07  0.18%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 5

 
High
 
Low
Very Low
Axalta Coating is trading at 38.89 as of the 21st of November 2024, a 0.18 percent increase since the beginning of the trading day. The stock's open price was 38.82. Axalta Coating has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat modest performance during the last 90 days. Note, on September 2, 2024, Representative John James of US Congress acquired under $15k worth of Axalta Coating Systems's common stock.
Business Domain
Materials
IPO Date
12th of November 2014
Category
Basic Materials
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. Axalta Coating Systems Ltd. was founded in 1866 and is headquartered in Philadelphia, Pennsylvania. The company has 218.06 M outstanding shares of which 5.3 M shares are presently shorted by private and institutional investors with about 2.56 trading days to cover. More on Axalta Coating Systems

Moving together with Axalta Stock

  0.85ECVT EcovystPairCorr

Moving against Axalta Stock

  0.68ASH Ashland Global HoldingsPairCorr
  0.61DNMR Danimer ScientificPairCorr
  0.52FEAM 5E Advanced MaterialsPairCorr
  0.4FF FutureFuel CorpPairCorr
  0.36CMT Core Molding TechnologiesPairCorr

Axalta Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEORobert Bryant
Thematic Ideas
(View all Themes)
Business ConcentrationSpecialty Chemicals, Basic Materials, NYSE Composite, SP Midcap 400, Synthetics, Chemicals Makers, Materials, Chemicals, Specialty Chemicals, Basic Materials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.80.7129
Moderately Up
Slightly volatile
Gross Profit Margin0.260.3122
Significantly Down
Very volatile
Total Current Liabilities1.2 B1.4 B
Fairly Down
Slightly volatile
Non Current Liabilities Total4.3 B4.1 B
Sufficiently Up
Slightly volatile
Total AssetsB7.3 B
Sufficiently Down
Slightly volatile
Total Current Assets2.5 B2.8 B
Fairly Down
Slightly volatile
Total Cash From Operating Activities487.2 M575.3 M
Fairly Down
Slightly volatile
Debt Levels
Axalta Coating can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Axalta Coating's financial leverage. It provides some insight into what part of Axalta Coating's total assets is financed by creditors.
Liquidity
Axalta Coating Systems currently holds 3.54 B in liabilities with Debt to Equity (D/E) ratio of 2.83, implying the company greatly relies on financing operations through barrowing. Axalta Coating Systems has a current ratio of 1.94, which is within standard range for the sector. Note, when we think about Axalta Coating's use of debt, we should always consider it together with its cash and equity.

Change To Inventory

108.25 Million
Axalta Coating Systems (AXTA) is traded on New York Stock Exchange in USA. It is located in 50 Applied Bank Blvd, Glen Mills, PA, United States, 19342 and employs 12,700 people. Axalta Coating is listed under Specialty Chemicals category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 8.48 B. Axalta Coating Systems conducts business under Chemicals sector and is part of Materials industry. The entity has 218.06 M outstanding shares of which 5.3 M shares are presently shorted by private and institutional investors with about 2.56 trading days to cover. Axalta Coating Systems currently holds about 524.5 M in cash with 575.3 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.38.
Check Axalta Coating Probability Of Bankruptcy
Ownership Allocation
The majority of Axalta Coating Systems outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Axalta Coating Systems to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Axalta Coating. Please pay attention to any change in the institutional holdings of Axalta Coating Systems as this could imply that something significant has changed or is about to change at the company. On September 2, 2024, Representative John James of US Congress acquired under $15k worth of Axalta Coating Systems's common stock.
Check Axalta Ownership Details

Axalta Stock Institutional Holders

InstituionRecorded OnShares
Locust Wood Capital Advisers, Llc2024-09-30
M
Dimensional Fund Advisors, Inc.2024-09-30
3.8 M
Geode Capital Management, Llc2024-06-30
3.6 M
Fuller & Thaler Asset Management Inc2024-09-30
3.6 M
59 North Capital Management, Lp2024-06-30
3.5 M
Manufacturers Life Insurance Co2024-09-30
2.9 M
Shapiro Capital Management Co Inc2024-09-30
2.8 M
Millennium Management Llc2024-06-30
2.7 M
Norges Bank2024-06-30
2.6 M
Vanguard Group Inc2024-09-30
23.8 M
Blackrock Inc2024-06-30
20 M
View Axalta Coating Diagnostics

Axalta Coating Historical Income Statement

At present, Axalta Coating's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's EBITDA is expected to grow to about 705.8 M, whereas Depreciation And Amortization is forecasted to decline to about 199 M. View More Fundamentals

Axalta Stock Against Markets

Axalta Coating Corporate Directors

Robert MclaughlinIndependent DirectorProfile
Deborah KissireIndependent DirectorProfile
Elizabeth LempresIndependent DirectorProfile
Samuel SmolikIndependent DirectorProfile

Already Invested in Axalta Coating Systems?

The danger of trading Axalta Coating Systems is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Axalta Coating is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Axalta Coating. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Axalta Coating Systems is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Axalta Coating Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Axalta Coating's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Axalta Coating Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Axalta Coating Systems Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axalta Coating Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Specialty Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Axalta Coating. If investors know Axalta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Axalta Coating listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.412
Earnings Share
1.48
Revenue Per Share
23.932
Quarterly Revenue Growth
0.008
Return On Assets
0.0672
The market value of Axalta Coating Systems is measured differently than its book value, which is the value of Axalta that is recorded on the company's balance sheet. Investors also form their own opinion of Axalta Coating's value that differs from its market value or its book value, called intrinsic value, which is Axalta Coating's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Axalta Coating's market value can be influenced by many factors that don't directly affect Axalta Coating's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Axalta Coating's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axalta Coating is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axalta Coating's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.