AXTA Stock Recent News

While the top- and bottom-line numbers for Axalta Coating Systems (AXTA) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Axalta Coating Systems (AXTA) came out with quarterly earnings of $0.35 per share, missing the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.41 per share a year ago.

Axalta Coating Systems (AXTA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

GLEN MILLS, Pa., July 18, 2023 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, will release its second-quarter 2023 financial results after the close of trading on Tuesday, August 1. The release and supporting materials will be posted to the Investor Relations portion of axalta.com.

Investors looking for stocks in the Chemical - Specialty sector might want to consider either Axalta Coating Systems (AXTA) or Novozymes A/S (NVZMY). But which of these two stocks presents investors with the better value opportunity right now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Investors with an interest in Chemical - Specialty stocks have likely encountered both Axalta Coating Systems (AXTA) and Novozymes A/S (NVZMY). But which of these two stocks presents investors with the better value opportunity right now?

While softer demand in certain end markets is likely to be a drag, Albemarle (ALB), DuPont (DD), Axalta (AXTA) and LyondellBasell (LYB) are likely to have benefited from cost and pricing actions in Q1.

Does Axalta Coating Systems (AXTA) have what it takes to be a top stock pick for momentum investors? Let's find out.

AXTA vs. NVZMY: Which Stock Is the Better Value Option?