Shares of Axalta Coating Systems Ltd. (NYSE:AXTA) recorded 0.49% gain during trading session on December 6th, 2018. The script traded as low as $23.95 and last traded at $24.61. 3.73 million shares changed exchanged hands during trading, a drop of -41.15% from the 30-day average session volume of 2.64M shares. The firm had previously closed at $24.49. The company has $238.70M outstanding shares, a price-to-earnings ratio of 31.59, price-to-earnings-growth ratio of 1.25and a beta of 1.37. The company has a RSI of 42.21, ATR of 0.66 and a volatility of 3.00% this week. AXTA has a 52 week low price of $23.65 and a 52 week high price of $33.30.
Investors have identified the tech company Axalta Coating Systems Ltd. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around 5.87B, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Axalta Coating Systems Ltd. (AXTA) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For AXTA, the company has in raw cash 590.9 million on their books with 0 currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 0 total, with 1.35 billion as their total liabilities. This figure have given the company a good sense of viability under numerous contexts.
AXTA were able to record 0 as free cash flow during the third quarter of the year, this saw their quarterly net cash flow reduce by 0. In cash movements, the company had a total of 136 million as operating cash flow.
Potential earnings growth for Axalta Coating Systems Ltd. (AXTA)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, Axalta Coating Systems Ltd. recorded a total of 1.15 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 0.04% coming in sequential stages and their sales for the third quarter reducing by -0.06%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 759.1 million trying to sell their products during the last quarter, with the result yielding a gross income of 386.9 million. This allows shareholders to hold on to 238.70M with the revenue now reading -50 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (0.28 cents a share).
Is the stock of AXTA attractive?
Having a look at the company’s valuation, the company is expected to record 1.41 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on AXTA sounds very interesting.
In related news, EVP & Pres., Trans. Coatings Markevich Steven R. sold 865 shares of the company’s stock in a transaction that recorded on October 2nd, 2018. The sale was performed at an average price of 29.19, for a total value of 25,249. As the sale deal closes, the EVP & Pres., Trans. Coatings Markevich Steven R. now sold 15,332 shares of the company’s stock, valued at 447,234. Also, EVP & Pres., Trans. Coatings Markevich Steven R. sold 13,500 shares of the company’s stock in a deal that was recorded on September 7th, 2018. The shares were sold at an average price of 29.47 per share, with a total market value of 177,029. Following this completion of acquisition, the Director now holds 250,000 shares of the company’s stock, valued at 7,445,000. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.40%.
4 out of 17 analysts covering the stock have rated it a Buy, while 8 have maintained a Hold recommendation on Axalta Coating Systems Ltd. stock. 0 analysts has assigned a Sell rating on the AXTA stock. The 12-month mean consensus price target for the company’s shares has been set at $30.41.