On Monday, Axalta Coating Systems Ltd (NYSE: AXTA) was 1.05% up from the session before settling in for the closing price of $35.22. A 52-week range for AXTA has been $25.36 – $37.78.
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During the last 5-year period, the sales growth of Basic Materials Sector giant was 2.75%. When this article was written, the company’s average yearly earnings per share was at 31.01%. With a float of $218.47 million, this company’s outstanding shares have now reached $220.10 million.
Let’s determine the extent of company efficiency that accounts for 12000 employees. In terms of profitability, gross margin is 32.64%, operating margin of 12.39%, and the pretax margin is 7.99%.
Axalta Coating Systems Ltd (AXTA) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Axalta Coating Systems Ltd stocks. The insider ownership of Axalta Coating Systems Ltd is 0.38%, while institutional ownership is 100.73%. The most recent insider transaction that took place on Dec 04 ’23, was worth 335,895. In this transaction SVP, Glbl Mobility Coatings of this company sold 10,500 shares at a rate of $31.99, taking the stock ownership to the 14,656 shares. Before that another transaction happened on Nov 17 ’23, when Company’s SVP and General Counsel sold 7,500 for $31.19, making the entire transaction worth $233,925. This insider now owns 44,408 shares in total.
Axalta Coating Systems Ltd (AXTA) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.45 earnings per share (EPS) during the time that was better than consensus figure (set at 0.38) by 0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.5 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 31.01% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 19.21% during the next five years compared to 7.16% growth over the previous five years of trading.
Axalta Coating Systems Ltd (NYSE: AXTA) Trading Performance Indicators
You can see what Axalta Coating Systems Ltd (AXTA) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.70. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.49. Likewise, its price to free cash flow for the trailing twelve months is 14.99.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.35, a number that is poised to hit 0.51 in the next quarter and is forecasted to reach 2.34 in one year’s time.
Technical Analysis of Axalta Coating Systems Ltd (AXTA)
Looking closely at Axalta Coating Systems Ltd (NYSE: AXTA), its last 5-days average volume was 1.8 million, which is a drop from its year-to-date volume of 2.01 million. As of the previous 9 days, the stock’s Stochastic %D was 29.96%. Additionally, its Average True Range was 0.67.
During the past 100 days, Axalta Coating Systems Ltd’s (AXTA) raw stochastic average was set at 49.68%, which indicates a significant increase from 32.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.30% in the past 14 days, which was lower than the 23.02% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $35.74, while its 200-day Moving Average is $34.24. However, in the short run, Axalta Coating Systems Ltd’s stock first resistance to watch stands at $35.78. Second resistance stands at $35.98. The third major resistance level sits at $36.19. If the price goes on to break the first support level at $35.38, it is likely to go to the next support level at $35.17. Now, if the price goes above the second support level, the third support stands at $34.98.
Axalta Coating Systems Ltd (NYSE: AXTA) Key Stats
There are 220,646K outstanding shares of the company, which has a market capitalization of 7.81 billion. As of now, sales total 5,184 M while income totals 267,400 K. Its latest quarter income was 1,351 M while its last quarter net income were 112,000 K.
