The Axalta Coating Systems Ltd (NASDAQ:AXTA) Lowered to Sell at BidaskClub

Lloyd Doyle
August 19, 2017

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in AXTA. The consensus recommendation is the average rating on a stock by the analyst community. Creative Planning raised its stake in shares of Axalta Coating Systems by 0.9% in the first quarter. Jefferies Group LLC restated a buy rating on shares of Axalta Coating Systems in a research report on Thursday, July 6th. As of quarter end Croft-leominster Inc had sold 277 shares trimming its position 0.2%. Acrospire Investment Management LLC increased its position in Axalta Coating Systems by 257.0% in the second quarter. Instinet cut shares of Axalta Coating Systems from a "buy" rating to a "neutral" rating and set a $33.00 price target for the a report on Friday, April 21st.

Several research analysts have recently issued reports on AXTA shares. On average, equities analysts anticipate that Axalta Coating Systems will post $1.31 EPS for the current fiscal year. Instead, they should also do their own research-such as reading the prospectus for new companies or for public companies, the quarterly and annual reports filed with the SEC-to confirm whether a particular investment is appropriate for them in light of their individual financial circumstances. Axalta Coating Systems Ltd has a one year low of $24.27 and a one year high of $34.10. 117,259 shares of the company traded hands.

Axalta Coating Systems (NASDAQ:AXTA) last issued its earnings results on Thursday, August 3rd. Next quarter's EPS is expected be $0.39 with next year's EPS projected to be $1.57. Harris Associates L P boosted its position in Axalta Coating Systems by 8.1% in the first quarter. WINTON GROUP Ltd acquired a new stake in Axalta Coating Systems during the second quarter worth approximately $327,000. ProShare Advisors LLC now owns 16,703 shares of the specialty chemicals company's stock worth $538,000 after buying an additional 157 shares during the last quarter. Creative Planning now owns 9,684 shares of the specialty chemicals company's stock worth $312,000 after buying an additional 89 shares during the last quarter.

On August 11 the stock rating was upgraded to "Overweight" from "Neutral" in an announcement from JP Morgan. 1 is equivalent to a buy rating, 3 a hold rating, and 5 a sell rating.

Let's have a look at some of the important valuation ratios of the Axalta Coating Systems Ltd. (AXTA). TransEnterix, Inc. has 2 buy ratings, 2 holds and 0 sells even after the stock tumbled -70.7% from its high of $2.33 to a $100.13 million market value through last close. The firm's 50-day moving average price is $31.43 and its 200 day moving average price is $31.27. Similarly, the company's last 5 years high P/E ratio is 218.69 and low P/E is 68.17, whereas, the industry's and sector's high P/E for the past year is 62.32 and 159.03 respectively and low P/E ratio for the last 5 years is 17.03 for the industry and 13.93 for the Sector.

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Axalta Coating Systems Ltd (NASDAQ AXTA) traded up 0.28% during mid-day trading on Friday, reaching $29.13. The legal version of this piece of content can be viewed at The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The shares were sold at an average price of $32.13, for a total transaction of $3,678,885.00. Following the completion of the transaction, the vice president now directly owns 16,286 shares of the company's stock, valued at approximately $537,438. If the share price is now hovering near the 52 week low and the value is achieved in the current past then it can suggest that the price of the shares is likely to go up. FL now owns 3,743,877 shares of the specialty chemicals company's stock worth $119,954,000 after buying an additional 36,234 shares during the period.

Axalta Coating Systems a holding company. 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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