28-Mar-2024
No headlines found.
Robert McLaughlin to Retire from Axalta Board of Directors
Globe Newswire (Thu, 21-Mar 4:15 PM ET)
Axalta Releases Fourth Quarter and Full Year 2023 Results
Globe Newswire (Thu, 8-Feb 6:00 AM ET)
Axalta Announces Starry Night as 2024 Global Automotive Color of the Year
Globe Newswire (Mon, 29-Jan 10:00 AM ET)
Axalta Wins Two 2024 BIG Innovation Awards
Globe Newswire (Wed, 10-Jan 10:15 AM ET)
Axalta Schedules Fourth-Quarter and Full-Year 2023 Earnings Conference Call
Globe Newswire (Tue, 9-Jan 9:15 AM ET)
Axalta Coating Systems Ltd is a manufacturer, marketer and distributor of high-performance coatings systems. It operates in two segments, The Performance Coatings segment provides liquid and powder coatings solutions to a fragmented and local customer base. Its end markets include refinish and industrial. The Mobility Coatings segment relates to the provision of coating technologies to original equipment manufacturers of light and commercial vehicles. The company operates in the geographic areas of North America, EMEA countries, Asia-Pacific and Latin America.
Axalta Coating Systems Ltd. Common Shares trades on the NYSE stock market under the symbol AXTA.
As of March 28, 2024, AXTA stock price climbed to $34.39 with 1,609,406 million shares trading.
AXTA has a beta of 1.67, meaning it tends to be more sensitive to market movements. AXTA has a correlation of 0.57 to the broad based SPY ETF.
AXTA has a market cap of $7.57 billion. This is considered a Mid Cap stock.
Last quarter Axalta Coating Systems Ltd. Common Shares reported $1 billion in Revenue and $.43 earnings per share. This beat revenue expectation by $17 million and missed earnings estimates by -$.01.
In the last 3 years, AXTA stock traded as high as $34.54 and as low as $20.66.
The top ETF exchange traded funds that AXTA belongs to (by Net Assets): IJH, VTI, VB, VBR, VXF.
AXTA has underperformed the market in the last year with a return of +21.0%, while the SPY ETF gained +33.6%. In the last 3 month period, AXTA fell short of the market, returning +0.5%, while SPY returned +10.1%. However, in the most recent 2 weeks AXTA has outperformed the stock market by returning +2.0%, while SPY returned +1.7%.
AXTA support price is $33.94 and resistance is $34.62 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AXTA stock will trade within this expected range on the day.