How Does Axalta Coating Systems Ltd. (AXTA) Rank In Terms Of Valuation Ratios?

The stock of Axalta Coating Systems Ltd. (NYSE:AXTA) decreased by decreased by -$0.13 on Friday to finish at $32.69, down -0.40 percent. The last five days have seen an average of 2,785,500 shares of common stock traded. 17 times new highs were reached in the current year, with a gain of $4.14. The average number of shares traded over the last 20 days was 2,531,805, while the average volume over the last 50 days totaled 2,430,784.

AXTA stock appreciated 11.11% since last month. On 10/06/21, the company’s shares reached a one-month low of $28.65. The stock touched a high of $34.20 on 05/10/21, after rallying from a low of $24.38 in 52 weeks. The price of AXTA stock has risen by 14.50% or $4.14 this year, reaching a new high 17 times. Still, the stock price is down -4.42% from the 52-week high.


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Insider Transactions

There have been 87 days since Axalta Coating Systems Ltd. (AXTA) last reported insider trading activity on Jul 30. On Jul 30, SVP,Chief Ops & Sup Chain Offc SNYDER BARRY S sold 865 shares at $30.14 each. This transaction resulted in the insider making $26,071. On Apr 21, SNYDER BARRY S sold 17,560 shares at a price of US$32.00. After the transaction, the insider now owns 47,736 shares. Director MCLAUGHLIN ROBERT M had earlier sold 35,000 shares on Nov 18 for $28.36 a share. The transaction was completed for $992,600.

Valuation Metrics

Axalta Coating Systems Ltd. (AXTA) has a trailing price-to-earnings (P/E) ratio of 26.13. This level actually compares favorably with the industry at large, as the PE for the Specialty Chemicals industry stands at about 32.76. Further, its PE also compares unfavorably with the Basic Materials sector’s trailing 12 months PE ratio, which comes in at 13.81 right now. The PE ratio of Axalta Coating Systems Ltd. has varied between 253.15 and 12.90 in the last five years. Beta for the stock is 1.43. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.76, the price-to-book (PB) ratio of 5.11, and the price-to-cash flow ratio of 13.52.

For the three months ended June 29, Axalta Coating Systems Ltd.’s quick ratio was 2.00, while its current ratio was 2.50, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 2.56, and the total debt to equity ratio is 2.59. As far as profitability goes, gross margin for the trailing twelve months is 35.90% percent. Axalta Coating Systems Ltd.’s EBITDA margin for the year ended June 29 was 18.91%, whereas its operating margin stood at 12.00% for the same period. Based on annual data, it had gross profit of $1.28 billion and revenue of $3.74 billion.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. AXTA’s return on assets (ROA) during the last 12 months has been 4.10%. There was a 5.10% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 20.90%. ROE has averaged 8.64 in the past year for the broader industry.

Earnings Surprise

According to Axalta Coating Systems Ltd.’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $1.13 billion, while revenues rose by 42.07% to $1.06 billion. It was predicted that Axalta Coating Systems Ltd.’s quarterly earnings would be $0.48, but it ended up being $0.46, beating the consensus by 4.30%. EBITDA was $271.4 million for the quarter. At the end of Axalta Coating Systems Ltd.’s most recent quarter ended June 29, its liabilities totaled 5.67 billion, while its total debt was $3.91 billion. Equity owned by shareholders amounts to $230.16 million.

Technical Picture

Here’s a quick look at Axalta Coating Systems Ltd.’s (AXTA) price momentum from a technical perspective. As of 22 October, the RSI 9-day stood at 80.31%, suggesting the stock is Overbought, with a 16.14% historical volatility rate.

The stochastic %K and %D were 96.58% and 93.64% respectively, while the average true range (ATR) was 0.63. Based on the 14-day stochastic reading of 91.83%, the RSI (14) reading is 73.31%. On the 9-day MACD Oscillator, the stock is at 0.94, and the 14-day reading is at 1.50.

Analyst Ratings

In its analyst report released on October 13, 2021, Mizuho began covering Axalta Coating Systems Ltd. (NYSE: AXTA). The stock was rated as a Buy by the brokerage firm. Analysts have assigned Axalta Coating Systems Ltd. (AXTA) an Overweight rating. AXTA is a stock that is recommended for selling by 0 brokerage firms, while 5 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 1 rate it overweight and 12 others recommend it as a buy.

What is AXTA’s price target for the next 12 months?

The current consensus forecast for the stock is between $30.00 and $48.00, with a median target price of $38.00. In analyzing these forecasts, the average price target given by analysts for Axalta Coating Systems Ltd. (AXTA) is $37.00.

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