Axalta Coating Systems Ltd (AXTA)’s Day in Review: Closing at 34.63, Up by 0.55

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After finishing at $34.44 in the prior trading day, Axalta Coating Systems Ltd (NYSE: AXTA) closed at $34.63, up 0.55%. In other words, the price has increased by $0.55 from its previous closing price. On the day, 1.07 million shares were traded. AXTA stock price reached its highest trading level at $34.66 during the session, while it also had its lowest trading level at $34.1.

Ratios:

Our goal is to gain a better understanding of AXTA by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.83. For the most recent quarter (mrq), Quick Ratio is recorded 1.42 and its Current Ratio is at 2.00. In the meantime, Its Debt-to-Equity ratio is 1.85 whereas as Long-Term Debt/Eq ratio is at 1.84.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on December 18, 2024, Downgraded its rating to Neutral and sets its target price to $41 from $45 previously.

On November 13, 2024, Evercore ISI started tracking the stock assigning a Outperform rating and target price of $47.Evercore ISI initiated its Outperform rating on November 13, 2024, with a $47 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AXTA now has a Market Capitalization of 7551522304 and an Enterprise Value of 10506375168. As of this moment, Axalta’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.36, and their Forward P/E ratio for the next fiscal year is 14.55. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.44 while its Price-to-Book (P/B) ratio in mrq is 3.96. Its current Enterprise Value per Revenue stands at 1.997 whereas that against EBITDA is 9.957.

Stock Price History:

Over the past 52 weeks, AXTA has reached a high of $41.65, while it has fallen to a 52-week low of $30.40. The 50-Day Moving Average of the stock is -9.23%, while the 200-Day Moving Average is calculated to be -2.57%.

Shares Statistics:

The stock has traded on average 1.95M shares per day over the past 3-months and 2528630 shares per day over the last 10 days, according to various share statistics. A total of 218.00M shares are outstanding, with a floating share count of 217.22M. Insiders hold about 0.39% of the company’s shares, while institutions hold 102.14% stake in the company. Shares short for AXTA as of 1732838400 were 4266133 with a Short Ratio of 2.26, compared to 1730332800 on 5298592. Therefore, it implies a Short% of Shares Outstanding of 4266133 and a Short% of Float of 2.5.

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