AXTA Stock Recent News
AXTA LATEST HEADLINES
AXTA enters into a strategic partnership with Durr Systems AG to introduce overspray-free applications in the market.
PHILADELPHIA, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSE: AXTA) (“Axalta” or the “Company”), a leading global coatings company, today announced that Tim Bowes has been appointed President, Global Industrial Coatings, effective January 27, 2025. Mr. Bowes will succeed Shelley Bausch who will be stepping down from her role.
Strategic agreement brings together a leading coatings and a leading robotics company Strategic agreement brings together a leading coatings and a leading robotics company
Network of Fellows will help identify new technologies and innovations for the continued growth of Axalta Network of Fellows will help identify new technologies and innovations for the continued growth of Axalta
Evercore ISI took over coverage of Axalta Coating with an Outperform rating and $47 price target as well as 10 other chemical names. Dissonance between sputtering industrial demand into year-end and prospects for a "less bad" 2025 has "muddled the forward outlook for chemicals investors" and the firm's sense is further EBITDA and EPS cuts coming to Q1 and FY25 "are needed to clear the deck," the analyst says. However, Evercore suspects the stocks "move sharply higher with signs of improving demand, so begin to position accordingly," the analyst added.
Axalta Coating Systems, Ingevity and AdvanSix have been highlighted in this Industry Outlook article.
Soft end-market demand dampens the prospects of the Zacks Chemicals Specialty industry. AXTA, NGVT and ASIX are set to gain from strategic actions to navigate the ongoing challenges.
Investors looking for stocks in the Chemical - Specialty sector might want to consider either Axalta Coating Systems (AXTA) or Hawkins (HWKN). But which of these two stocks presents investors with the better value opportunity right now?
PHILADELPHIA, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Axalta (NYSE: AXTA), a leading global coatings company, has won a 2024 R&D 100 Award in the Mechanical and Materials category. Axalta's Primerless Consolidated Coating System is used in a streamlined, consolidated automotive paint process that delivers superior color capability, especially for glamorous and difficult to create colors. The coating system, together with this consolidated process, provides sustainability and productivity to automotive paint shops.
Here is how Axalta Coating Systems (AXTA) and Vox Royalty Corp. (VOXR) have performed compared to their sector so far this year.