Axalta Coating Systems Ltd (NYSE: AXTA) has reported E.P.S. of $0.46 for its third fiscal quarter (ending September 30) versus $0.33 for the same period a year ago — an increase of 39%. E.P.S. were $1.48 for the latest four quarters through September 30 versus $1.08 for the same period a year ago — an increase of 37%.
Recent Price Action
On 10/30/24, Axalta Coating Systems Ltd (NYSE: AXTA) stock enjoyed a very large increase of 8.2%, closing at $38.32. Moreover, trading volume in this advance was exceptionally high at 276% of normal. The stock has risen 9.3% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, AXTA is expected to continue to be a major Value Builder.
Axalta Coating Systems has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Axalta Coating Systems has a slightly negative Appreciation Score of 30 but a slightly positive Power Rating of 62, and the Low Neutral Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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