Axalta Coating Systems (AXTA) Given Daily News Impact Score of 0.26

Media headlines about Axalta Coating Systems (NASDAQ:AXTA) have trended positive recently, according to Alpha One Sentiment Analysis. The research firm, a service of Accern, identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Axalta Coating Systems earned a coverage optimism score of 0.26 on Alpha One’s scale. Alpha One also assigned headlines about the specialty chemicals company an impact score of 0 out of 100, indicating that recent media coverage is extremely unlikely to have an impact on the stock’s share price in the next several days.

These are some of the news headlines that may have effected AlphaOne Sentiment’s analysis:

Insider Buying and Selling by Quarter for Axalta Coating Systems (NASDAQ:AXTA)

A number of analysts have issued reports on AXTA shares. Nomura lowered Axalta Coating Systems from a “buy” rating to a “neutral” rating and set a $33.00 price target on the stock. in a research note on Friday, April 21st. Citigroup Inc. reissued a “neutral” rating and issued a $33.00 price target (up from $30.00) on shares of Axalta Coating Systems in a research note on Friday, April 14th. Instinet lowered Axalta Coating Systems from a “buy” rating to a “neutral” rating and set a $33.00 price target on the stock. in a research note on Friday, April 21st. Zacks Investment Research raised Axalta Coating Systems from a “hold” rating to a “buy” rating and set a $35.00 price target on the stock in a research note on Tuesday, April 11th. Finally, Jefferies Group LLC reissued a “buy” rating on shares of Axalta Coating Systems in a research note on Wednesday, April 26th. Ten analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $33.73.

Axalta Coating Systems (NASDAQ:AXTA) traded up 1.02% during trading on Friday, hitting $33.76. The stock had a trading volume of 1,645,754 shares. The firm has a market cap of $8.17 billion and a price-to-earnings ratio of 111.79. Axalta Coating Systems has a 1-year low of $24.27 and a 1-year high of $33.77. The firm’s 50 day moving average is $31.93 and its 200 day moving average is $29.97.

Axalta Coating Systems (NASDAQ:AXTA) last issued its earnings results on Wednesday, April 26th. The specialty chemicals company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.02. Axalta Coating Systems had a return on equity of 21.46% and a net margin of 6.50%. The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $994.43 million. During the same quarter in the previous year, the company posted $0.18 earnings per share. The business’s quarterly revenue was up 5.5% compared to the same quarter last year. On average, analysts anticipate that Axalta Coating Systems will post $1.37 earnings per share for the current year.

In other Axalta Coating Systems news, CFO Robert W. Bryant sold 114,500 shares of the business’s stock in a transaction dated Monday, April 3rd. The stock was sold at an average price of $31.76, for a total value of $3,636,520.00. Following the completion of the sale, the chief financial officer now owns 368,471 shares of the company’s stock, valued at $11,702,638.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Charles W. Shaver sold 179,487 shares of the business’s stock in a transaction dated Monday, May 15th. The stock was sold at an average price of $31.32, for a total value of $5,621,532.84. Following the completion of the sale, the chief executive officer now directly owns 528,907 shares of the company’s stock, valued at approximately $16,565,367.24. The disclosure for this sale can be found here. Insiders sold 435,489 shares of company stock valued at $13,728,870 in the last ninety days.

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Axalta Coating Systems Company Profile

Axalta Coating Systems Ltd. is a holding company. The Company is a manufacturer, marketer and distributor of coatings systems primarily serving the transportation industry. The Company’s segments include Performance Coatings and Transportation Coatings. Through its Performance Coatings segment, the Company provides liquid and powder coatings solutions to a fragmented and local customer base.

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