Stocks of Axalta Coating Systems Ltd (NYSE:AXTA) traded higher last session on Wall Street, down -1.33% to $31.27.
AXTA stock price is now -4.87% away from the 50-day moving average and -12.12% away from the 200-day moving average. The market capitalization of the company currently stands at $6.83B.
With the price target maintained at $32, JP Morgan recently Downgraded its rating from Overweight to Neutral for Axalta Coating Systems Ltd (NYSE: AXTA). On April 10, 2025, Exane BNP Paribas Upgraded its previous ‘Neutral’ rating to ‘Outperform’ on the stock keeping its target price maintained at $38, while ‘UBS’ rates the stock as ‘Buy’
In other news, Weaver Troy D., President, Global Refinish sold 10,457 shares of the company’s stock on Feb 10 ’25. The stock was sold for $392,869 at an average price of $37.57. Upon completion of the transaction, the President, Global Refinish now directly owns 74,905 shares in the company, valued at $2.34 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 10 ’25, Officer Troy Weaver bought 10,457 shares of the business’s stock. A total of $392,845 was incurred on buying the stock at an average price of $37.57. A total of 0.48% of the company’s stock is owned by insiders.
During the past 12 months, Axalta Coating Systems Ltd has had a low of $27.70 and a high of $41.65. As of last week, the company has a debt-to-equity ratio of 1.65, a current ratio of 2.12, and a quick ratio of 1.53.
The net profit margin was 8.56% and return on equity was 23.59% for AXTA. The company reported revenue of $1.26 billion for the quarter, compared to $1.29 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -2.47 percent.
