Alert: Positive Investment/Fundamental Signals (11/13/23)-Axalta Coating Systems Ltd (NYSE: AXTA)


Recent exceptional positive changes in investment behavior have benefitted Axalta Coating Systems Ltd (NYSE: AXTA): positive upside/downside volume developed, and the stock’s recent price rise disrupted its longer term downtrend.

Axalta Coating Systems Ltd (NYSE: AXTA) has benefited from meaningful positive changes in fundamentals: the consensus estimate for December, 2024 increased significantly, and the consensus estimate for December, 2023 increased significantly.

In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

AXTA is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Axalta Coating Systems has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Axalta Coating Systems has a poor Appreciation Score of 18 but a slightly positive Power Rating of 66, triggering the Negative Value Trend Rating.

Recent Price Action

Axalta Coating Systems Ltd (NYSE: AXTA) stock closed at $30.16 on 11/13/23 after an increase of 1.3%. The stock has risen 2.3% during the last week and has performed in line with the market over the last nine months.

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