|Bid||0.00 x 1800|
|Ask||0.00 x 1000|
|Day's Range||26.42 - 26.69|
|52 Week Range||21.58 - 33.30|
|Beta (3Y Monthly)||1.11|
|PE Ratio (TTM)||31.39|
|Earnings Date||Apr 23, 2019 - Apr 29, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||30.00|
PHILADELPHIA, Feb. 6, 2019 /PRNewswire/ -- Axalta (AXTA), the world's leader in automotive refinish coatings and a leading global supplier of liquid and powder coatings, officially opened its new Australia and New Zealand regional multi-functional facility. This new 5,300 square meter facility will enable higher quality and faster service for customers throughout the region, greater access to Axalta's broad selection of advanced coating technologies and products, and more efficient supply chain solutions for customers.
The pharmaceutical company has a $15 billion market cap. The stock is trading with a price-earnings ratio of 29.40. The return on equity of 4.26% and return on assets of 1.57% are underperforming 57% of companies in the Global Drug Manufacturers - Specialty & Generic industry.
Axalta Coating Systems (AXTA) delivered earnings and revenue surprises of 6.25% and -1.18%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Philadelphia-based company said it had profit of 32 cents. Earnings, adjusted for one-time gains and costs, were 34 cents per share. The results beat Wall Street expectations. ...
Fourth Quarter 2018 Highlights: - Net sales of $1,158.1 million decreased 0.6%; increased 2.7% on a constant currency basis year-over-year - Net income improvement primarily driven by the absence of prior ...
# Axalta Coating Systems Ltd ### NYSE:AXTA View full report here! ## Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low * Economic output in this company's sector is contracting ## Bearish sentiment Short interest | Positive Short interest is extremely low for AXTA with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting AXTA. ## Money flow ETF/Index ownership | Negative ETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding AXTA totaled $939 million. Additionally, the rate of outflows appears to be accelerating. ## Economic sentiment PMI by IHS Markit | Negative According to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Basic Materialsis falling. The rate of decline is significant relative to the trend shown over the past year. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to firstname.lastname@example.org. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Axalta Coating Systems (AXTA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Weekly Update: Specialty Chemicals in the Week Ending January 18(Continued from Prior Part)PPG Industries’ first-quarter dividend On January 17, PPG Industries (PPG) announced the dividend for the first quarter of 2019. The board declared a
PPG Industries' Q4 Earnings Beat the Street—Stock RisesPPG Industries reports its fourth-quarter adjusted EPS PPG Industries (PPG) announced its fourth-quarter earnings results before the market opened on January 17, 2019. It reported adjusted EPS
Weekly Update: Specialty Chemicals in the Week Ending January 18(Continued from Prior Part)Sherwin-WilliamsIn a press release on January 15, Sherwin-Williams (SHW) announced its preliminary fourth-quarter sales numbers and fiscal 2018 earnings. The
PPG Stock Is Up on Its Q4 Earnings BeatPPG Industries announces its fourth-quarter results PPG Industries (PPG) announced its fourth-quarter earnings results today before the market opened. It reported adjusted EPS of $1.15, a fall of ~3.4%
PPG Industries: What to Expect from Its Q4 Earnings(Continued from Prior Part)Fourth-quarter revenue expectationsWall Street analysts expect PPG Industries (PPG) to post revenues of $3.65 billion in its fourth-quarter earnings release. The estimates
PHILADELPHIA , Jan. 16, 2019 /PRNewswire/ -- Axalta Coating Systems Ltd. (NYSE: AXTA) will host a conference call to review its fourth quarter and full year 2018 financial results at 8:00 a.m. ET on Wednesday, ...
PPG Industries: What to Expect from Its Q4 EarningsUpcoming fourth-quarter earningsIn a press release on January 8, PPG Industries (PPG) said it would announce its fourth-quarter earnings on January 17 before the market opens. The earnings will be
Specialty Chemicals: Updates for the Week Ending January 11 (Continued from Prior Part) ## Axalta’s 2019 automotive color of the year On January 10, Axalta (AXTA) choose ‘Sahara,’ a golden bronze tone, as the 2019 automotive color of the year. Sahara radiates warmth and brings richness and strength to all vehicles irrespective of sizes. Axalta showcased Sahara in manufacturing facilities as well as the aftermarket for the first time in the five-year history of the automotive color of the year. Sahara could be the main color for two-tones. Axalta has been announcing the automotive color of the year since 2015. Axalta selected Radiant Red in 2015, Brilliant Blue in 2016, Gallant Gray in 2017, and Starlite in 2018. Axalta will display Sahara at the 2019 North American International auto show in Detroit. Dan Benton, the marketing manager ofAxalta’s refinish color department, said, “Axalta’s Color of the Year is another example of how Axalta transfers OEM technology to the aftermarket and repair businesses. We get calls every year from some of the industry’s best custom builders looking to use color to differentiate their products. We have Sahara formulated and ready-to-go in our industry-leading refinish brands including Cromax, Standox, and Spies Hecker.” ## Axalta’s stock price update Axalta continued its upward trend in 2019. The stock gained 4.8% and closed at $24.96 for the week ending January 11. The gain in the stock price helped narrow the company’s 100-day moving average gap. Axalta traded 4.8% below its 100-day moving average price of $26.23. So far in 2019, Axalta has gained 6.6%%. RPM International (RPM) and PPG Industries have declined 7.0% and 0.4%, respectively, while Sherwin-Williams (SHW) has gained 0.6%. Axalta’s 14-day RSI (relative strength index) is at 61, which indicates that the stock isn’t overbought or oversold. An RSI of 30 and below suggests that the stock is oversold, while an RSI of 70 and above suggests that the stock is overbought. Investors can hold Axalta indirectly by investing in the iShares U.S. Basic Materials ETF (IYM). IYM has invested 0.9% of its holdings in Axalta as of January 11. Browse this series on Market Realist: * Part 1 - Hanwha Total Petrochemical: W.R. Grace’s New Order * Part 2 - IFF Collaborates with Aryballe on Digital Nose * Part 3 - PPG Industries Launched a New Polyurethane Primer
Specialty Chemicals: Updates for the Week Ending January 11 (Continued from Prior Part) ## PPG Industries’ new launch On January 9, PPG Industries (PPG) announced the introduction of SPECTRACRON 385 POLY-IOTHANE—a solid primer. The new primer has outstanding durability in severe and corrosive environments. The primer has good chemical resistance, excellent flexibility, and direct and indirect impact resistance. The primer has maximum volatile organic compound emissions of 3.5 pounds per gallon. The new primer is environmentally friendly. The new primer is targeted at industries like industrial equipment, building materials, telecommunications, and other heavy-duty equipment applications. PPG Industries’ new launches are expected to drive its organic growth. We’ll have to wait and see how the new launches will contribute to PPG Industries’ revenue growth. ## Stock price updates PPG Industries had a positive week with gains of 2.0% and closed at $101.86 for the week ending January 11. Despite the gains in the stock price, PPG Industries traded 3.6% below the 100-day moving average price of $105.70. So far in 2019, PPG Industries has declined 0.4%. RPM International (RPM) has declined 7.0%, while Sherwin-Wiliams (SHW) and Axalta (AXTA) have gained 0.6% and 6.6%, respectively. PPG Industries’ 14-day relative strength index is at 51, which indicates that the stock isn’t overbought or oversold. Investors could hold PPG Industries indirectly by investing in the Guggenheim S&P 500 Equal Weight Materials ETF (RTM). RTM gained 2.4% during the week. RTM invests 4.0% of its portfolio in PPG Industries. Continue to Next Part Browse this series on Market Realist: * Part 1 - Hanwha Total Petrochemical: W.R. Grace’s New Order * Part 2 - IFF Collaborates with Aryballe on Digital Nose * Part 4 - Axalta: ‘Sahara’ Is the 2019 Automotive Color of the Year
As of January 10, RPM International’s (RPM) dividend yield stood at 2.54%—its second-highest quarterly dividend yield since the first quarter of 2015. PPG Industries (PPG) and Sherwin-Williams (SHW) have a dividend yield of 1.89% and 0.86%, respectively, while Axalta (AXTA) hasn’t paid a dividend.
In this part, we’ll discuss RPM International’s free cash flow trend to see whether the company’s free cash flow can sustain its strong dividend growth plans.
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On the other hand, we'd be remiss not to mention Read More...
Analyzing RPM International's First-Quarter Dividends ## RPM International’s first-quarter dividend In a press release on January 2, RPM International (RPM) announced the rates and key dates for its first-quarter dividend. To be eligible for RPM International’s first-quarter dividend, investors must hold RPM International shares in the company’s records as of the market close on January 16. The dividend is expected to be paid on January 31. For the first quarter, RPM International declared a dividend of $0.35 per share—no change from the previous quarter. However, the dividend represents an increase of ~9.4% compared to the same quarter the previous year. PPG Industries (PPG) and Sherwin-Williams (SHW) paid their fourth-quarter dividend of $0.48 and $0.86 per share, respectively, while Axalta (AXTA) hasn’t paid any dividends. RPM International had ~131.7 million outstanding shares after its earnings for the second quarter of fiscal 2019. Assuming that no share buybacks take place before the record date, RPM International will be paying $46.1 million in the form of dividends to its shareholders. ## Dividend growth trend RPM International has increased its dividend for 45 consecutive years. Since 2015, RPM International’s dividend has grown at a compound annual growth rate of ~8.7%. We need to discuss the cash flows to see if RPM International can sustain its dividend growth. Next, we’ll discuss RPM International’s free cash flow growth and its ability to support its dividend growth. Investors can get indirect exposure to RPM International through the Invesco DWA Basic Materials Momentum ETF (PYZ). PYZ had 3.1% of its holdings invested in RPM International as of January 10. Continue to Next Part Browse this series on Market Realist: * Part 2 - RPM International’s Free Cash Flow Trend * Part 3 - RPM’s Dividend Yield Is Showing an Upward Trend Again * Part 4 - RPM International: Analysts’ Recommendations
CLINTON TOWNSHIP, Mich., Jan. 10, 2019 /PRNewswire/ -- For the first time in its five-year history, Axalta's (AXTA) Automotive Color of the Year is showcasing a color primed for vehicle customization both at manufacturing facilities and in the aftermarket. Sahara, a golden bronze tone, radiates warmth, richness and strength for vehicles of all sizes – especially the expanding global truck and SUV markets – and can serve as the principal color for two-tone possibilities including black roofs. "At Axalta, we are seeing car designers leaning toward options for two-toning, accent roofs and stripes," said Nancy Lockhart, Axalta Global Color Marketing Manager.
BASEL, Switzerland, Jan. 8, 2019 /PRNewswire/ -- Axalta (AXTA), a leading global manufacturer of liquid and powder coatings, is redefining what is possible for car repair bodyshops of all sizes by helping them increase their efficiency through digital technology. Axalta's Digital Colour Management uses a cloud-based colour management system that enables bodyshops to handle the entire colour retrieval and colour mixing processes not only completely digitally, but also 100% wirelessly – something that is unique to Axalta, and a first for the industry. Instead of matching colours by eye, with Axalta's Digital Colour Management refinishers simply take colour readings of a vehicle's paintwork using Axalta's digital spectrophotometers, which wirelessly send the readings to Axalta's constantly-updated online global colour database.