Citigroup Downgrades Axalta Coating Sys to Neutral, Lowers Price Target to $32
Citigroup analyst PJ Juvekar downgrades Axalta Coating Sys (NYSE:AXTA) from Buy to Neutral and lowers the price target from $39 to $32.
Q2 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios
The latest round of 13F filings from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling.
Analyzing Axalta Coating Sys’s Unusual Options Activity
Axalta Coating Sys (NYSE:AXTA) shares experienced unusual options activity on Tuesday. The stock price moved up to $30.55 following the option alert.
Recap: Axalta Coating Sys Q2 Earnings
Shares of Axalta Coating Sys (NYSE:AXTA) moved lower in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share were up 420.00% year over year to $0.48, which were in line with the estimate of $0.48.
Axalta Coating Systems Q2 Adj. EPS $0.48, Inline, Sales $1.13B Beat $1.08B Estimate
Axalta Coating Systems (NYSE:AXTA) reported quarterly earnings of $0.48 per share which met the analyst consensus estimate. This is a 420 percent increase over losses of $(0.15) per share from the same period last year.
Earnings Scheduled For July 26, 2021
Companies Reporting Before The Bell
• Otis Worldwide (NYSE:OTIS) is estimated to report quarterly earnings at $0.71 per share on revenue of $3.45 billion.
Axalta Coating Systems’s Earnings Outlook
Axalta Coating Systems (NYSE:AXTA) announces its next round of earnings this Monday, July 26. Here is Benzinga's everything-that-matters guide for this Monday's Q2 earnings announcement.
Axalta Reports Will Implement Price Increases Across All Of Its Global Lines Of Business, Cites ‘continued inflationary pressures,’ Specific Terms Of Increases Not Disclsoed
Axalta (NYSE:AXTA), a leading global supplier of liquid and powder coatings, today announced that it will implement additional price increases across all of its global lines of business due to continued inflationary