Axalta Coating Systems Ltd.s in-depth stock price analysis indicates that the stock price has rallied 11.82% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 3.21% . Looking at the past 52 week period, the stock price is up at 25.02% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Axalta Coating Systems Ltd. has a negative value of -6.85 compared to overall market performance. Axalta Coating Systems Ltd. (NYSE:AXTA) has tumbled 1.45% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 3.73% in the last four weeks. The stocks have underperformed the S&P 500 by 2.24% during the past week but Axalta Coating Systems Ltd. (NYSE:AXTA) it has outperformed the index in 4 weeks by 1.87%.
Axalta Coating Systems Ltd. (NYSE:AXTA) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.2 points or 0.68% at $29.23 with 1,521,726 shares getting traded. Post opening the session at $29.42, the shares hit an intraday low of $29.11 and an intraday high of $29.57 and the price was in this range throughout the day. The company has a market cap of $7,029 million and the number of outstanding shares has been calculated to be 240,462,410 shares. The 52-week high of Axalta Coating Systems Ltd. (NYSE:AXTA) is $30.45 and the 52-week low is $22.21.
Axalta Coating Systems Ltd Last issued its quarterly earnings results on Feb 8, 2017. The company reported $0.28 EPS for the quarter, missing the analyst consensus estimate by $ -0.01. Analyst had a consensus of $0.29. The company had revenue of $1029.40 million for the quarter, compared to analysts expectations of $1021.48 million. The companys revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.24 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Axalta Coating Systems Ltd was Reiterated by RBC Capital Mkts on Feb 9, 2017 to Outperform, Lowers Price Target to $ 3 from a previous price target of $31 .Axalta Coating Systems Ltd was Downgraded by Gabelli & Co to Hold on Feb 9, 2017. Axalta Coating Systems Ltd was Downgraded by Citigroup to Neutral on Jan 9, 2017. Company shares were Reiterated by Barclays on Dec 28, 2016 to Equal Weight, Raises Price Target to $ 31 from a previous price target of $30 .
Company has reported several Insider transactions to the SEC, on Feb 3, 2017, Joseph F. Mcdougall (SVP&Chief Human Resources Off.) sold 1,440 shares at 29.48 per share price.On Feb 3, 2017, Steven R. Markevich (EVP & Pres., Trans. Coatings) sold 1,691 shares at 29.49 per share price.On Feb 3, 2017, Michael F. Finn (SVP & General Counsel) sold 981 shares at 29.51 per share price.
Axalta Coating Systems Ltd. is a global coatings company engaged in the manufacturing, marketing and distribution of coatings systems. The company offers waterborne and solvent borne coatings; liquid and powder coatings; and liquid coatings. It provides a range of performance and transportation coatings for manufacturers of light and commercial vehicles, the refinish aftermarket and for many industrial applications. The Companys products and services include paint, color matching tools, application technologies and customer training, support and business management systems. Axalta Coating Systems Ltd. is headquartered in Philadelphia, Pennsylvania.