Axalta Coating Systems Ltd. (NYSE:AXTA) went down by -1.09% from its latest closing price compared to the recent 1-year high of $34.20. The company’s stock price has collected -1.19% of loss in the last five trading sessions. Barron’s reported on 09/09/21 that What Stocks Could Gain When the Chip Shortage Ends? It’s More Than Just Car Makers.
Is It Worth Investing in Axalta Coating Systems Ltd. (NYSE :AXTA) Right Now?
Axalta Coating Systems Ltd. (NYSE:AXTA) scored a price-to-earnings ratio above its average ratio, recording 23.15 x from its present earnings ratio. Plus, the 36-month beta value for AXTA is at 1.45. Opinions of the stock are interesting as 12 analysts out of 18 who provided ratings for Axalta Coating Systems Ltd. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 5 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $37.65, which is $9.1 above the current price. AXTA currently public float of 229.65M and currently shorts hold a 2.09% ratio of that float. Today, the average trading volume of AXTA was 2.69M shares.
AXTA’s Market Performance
AXTA stocks went down by -1.19% for the week, with a monthly drop of -9.19% and a quarterly performance of -7.62%, while its annual performance rate touched 19.72%. The volatility ratio for the week stands at 2.36% while the volatility levels for the past 30 days are set at 1.77% for Axalta Coating Systems Ltd.. The simple moving average for the period of the last 20 days is -4.62% for AXTA stocks with a simple moving average of -3.41% for the last 200 days.
Analysts’ Opinion of AXTA
Many brokerage firms have already submitted their reports for AXTA stocks, with Citigroup repeating the rating for AXTA by listing it as a “Neutral.” The predicted price for AXTA in the upcoming period, according to Citigroup is $32 based on the research report published on September 09th of the current year 2021.
Susquehanna, on the other hand, stated in their research note that they expect to see AXTA reach a price target of $41. The rating they have provided for AXTA stocks is “Positive” according to the report published on April 26th, 2021.
Credit Suisse gave a rating of “Outperform” to AXTA, setting the target price at $35 in the report published on March 15th of the current year.
AXTA Trading at -3.79% from the 50-Day Moving Average
After a stumble in the market that brought AXTA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.32% of loss for the given period.
Volatility was left at 1.77%, however, over the last 30 days, the volatility rate increased by 2.36%, as shares sank -7.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.19% lower at present.
During the last 5 trading sessions, AXTA fell by -1.19%, which changed the moving average for the period of 200-days by +0.59% in comparison to the 20-day moving average, which settled at $30.24. In addition, Axalta Coating Systems Ltd. saw 1.44% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at AXTA starting from SNYDER BARRY S, who sale 865 shares at the price of $30.14 back on Jul 30. After this action, SNYDER BARRY S now owns 47,736 shares of Axalta Coating Systems Ltd., valued at $26,071 using the latest closing price.
SNYDER BARRY S, the SVP,Chief Ops & Sup Chain Offc of Axalta Coating Systems Ltd., sale 17,560 shares at $32.00 during a trade that took place back on Apr 21, which means that SNYDER BARRY S is holding 47,736 shares at $561,920 based on the most recent closing price.
Stock Fundamentals for AXTA
Current profitability levels for the company are sitting at:
- +10.34 for the present operating margin
- +31.46 for the gross margin
The net margin for Axalta Coating Systems Ltd. stands at +3.25. The total capital return value is set at 7.15, while invested capital returns managed to touch 2.30. Equity return is now at value 20.90, with 4.10 for asset returns.
Based on Axalta Coating Systems Ltd. (AXTA), the company’s capital structure generated 278.93 points at debt to equity in total, while total debt to capital is 73.61. Total debt to assets is 55.85, with long-term debt to equity ratio resting at 273.14. Finally, the long-term debt to capital ratio is 72.08.
When we switch over and look at the enterprise to sales, we see a ratio of 2.52, with the company’s debt to enterprise value settled at 0.42. The receivables turnover for the company is 4.21 and the total asset turnover is 0.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.48.