Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Axalta: Underwhelming Results, An Equally Underwhelming Potential Merger [Seeking Alpha]

Axalta Coating Systems Ltd. Common Shares (AXTA) 
Last axalta coating systems ltd. common shares earnings: 1/30 06:45 am Check Earnings Report
Company Research Source: Seeking Alpha
The Akzo merger offers near-term upside, valuing AXTA at 10.9x forward EBITDA, but the long-term value of the deal for Axalta shareholders is questionable given Akzo's own execution challenges. AXTA's standalone fundamentals remain attractive, with improving end markets, potential for mid-20% EBITDA margins, and mid-single-digit free cash flow growth long term. I see AXTA as worth considering while the share price lags the deal-implied value, with downside protection from standalone valuation. FabrikaCr/iStock via Getty Images For a company that I had thought was making progress, Axalta Coating Systems Ltd.'s ( AXTA ) performance since my last update has been disappointing. Weakness in the company's served end markets certainly hasn't helped, but I expected more from this company. More This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions wi Show less Read more
Impact Snapshot
Event Time:
AXTA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for AXTA alerts
Opt-in for
AXTA alerts

from News Quantified
Opt-in for
AXTA alerts

from News Quantified