As on Wednesday, Axalta Coating Systems Ltd (NYSE: AXTA) got off with the flyer as it spiked 8.81% to $34.21, before settling in for the price of $31.44 at the close. Taking a more long-term approach, AXTA posted a 52-week range of $25.03-$34.53.
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In the past 5-years timespan, the Basic Materials sector firm’s annual sales growth was 2.75%. Meanwhile, its Annual Earning per share during the time was 7.16%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 22.87%. This publicly-traded company’s shares outstanding now amounts to $220.10 million, simultaneously with a float of $219.80 million. The organization now has a market capitalization sitting at $7.55 billion. At the time of writing, stock’s 50-day Moving Average stood at $32.67, while the 200-day Moving Average is $30.71.
Axalta Coating Systems Ltd (AXTA) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Specialty Chemicals industry. Axalta Coating Systems Ltd’s current insider ownership accounts for 0.38%, in contrast to 98.42% institutional ownership. According to the most recent insider trade that took place on Dec 04 ’23, this organization’s SVP, Glbl Mobility Coatings sold 10,500 shares at the rate of 31.99, making the entire transaction reach 335,895 in total value, affecting insider ownership by 14,656. Preceding that transaction, on Nov 17 ’23, Company’s SVP and General Counsel sold 7,500 for 31.19, making the whole transaction’s value amount to 233,925. This particular insider is now the holder of 44,408 in total.
Axalta Coating Systems Ltd (AXTA) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 12/31/2023, the company posted 0.35 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.31) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.47 per share during the current fiscal year.
Axalta Coating Systems Ltd’s EPS increase for this current 12-month fiscal period is 22.87% and is forecasted to reach 2.19 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 15.70% through the next 5 years, which can be compared against the 7.16% growth it accomplished over the previous five years trading on the market.
Axalta Coating Systems Ltd (NYSE: AXTA) Trading Performance Indicators
Let’s observe the current performance indicators for Axalta Coating Systems Ltd (AXTA). It’s Quick Ratio in the last reported quarter now stands at 1.46. The Stock has managed to achieve an average true range (ATR) of 0.81. Alongside those numbers, its PE Ratio stands at $28.38, and its Beta score is 1.51. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.46. Similarly, its price to free cash flow for trailing twelve months is now 17.94.
In the same vein, AXTA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.21, a figure that is expected to reach 0.49 in the next quarter, and analysts are predicting that it will be 2.19 at the market close of one year from today.
Technical Analysis of Axalta Coating Systems Ltd (AXTA)
Through scrutinizing the latest numbers posted by the [Axalta Coating Systems Ltd, AXTA], it can be observed that its last 5-days Average volume of 4.06 million was better the volume of 2.09 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 72.83% While, its Average True Range was 0.93.
Raw Stochastic average of Axalta Coating Systems Ltd (AXTA) in the period of the previous 100 days is set at 83.83%, which indicates a major rise in contrast to 83.79% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 40.36% that was higher than 23.00% volatility it exhibited in the past 100-days period.
