Axalta Coating Systems Ltd News and Headlines -
The stock of Axalta Coating Systems (NYSE:AXTA, 30-year Financials) is believed to be significantly overvalued, according to GuruFocus Value calculation. GuruFocus Value is GuruFocus' estimate of the fair value at which the stock should be traded. It is calculated based on the historical multiples that the stock has traded at, the past business growth and analyst estimates of future business performance. If the price of a stock is significantly above the GF Value Line, it is overvalued and its future return is likely to be poor. On the other hand, if it is significantly below the GF Value
Also, in the quarter we initiated a position in leading manufacturer and distributor of coatings technologies Axalta Coating Systems, Ltd. (AXTA). The industry has a favorable competitive landscape, and Axalta is emerging from the shadow of its former parent, DuPont. We expect Axalta to continue to gain market share from ongoing consolidation in its refinishing business and further improve its margin profile through cost savings programs. We did not exit any holdings in the quarter.
From [url=https://www.gurufocus.com/StockBuy.php?GuruName=John+Rogers]John Rogers[/url] ([url=https://www.gurufocus.com/StockBuy.php?GuruName=John+Rogers]Trades[/url], [url=https://www.gurufocus.com/holdings.php?GuruName=John+Rogers]Portfolio[/url])' Ariel Fund first-quarter 2021 commentary.
Founded in 2001 by Barry Rosenstein, the New York-based firm takes a value-oriented, event-driven approach to picking stocks, often entering activist positions in order to help unlock value for shareholders.
Keeping its criteria in mind, the firm entered three new positions during the quarter, sold out of two stocks and added to or trimmed a number of other existing holdings. Notable trades included a new investment in Encompass Health Corp. (EHC), the sale of Hillenbrand Inc. (HI) and Axalta Coating Systems Ltd. (AXTA) as
The firm closed its position Hillenbrand Inc. (HI). The trade had an impact of -8.43% on the portfolio.
The developer of industrial products has a market cap of $2.72 billion and an enterprise value of $4.11 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of -6.03% and return on assets of -1.59% are underperforming 81% of companies in its industry. Its
The firm reduced its stake in Microsoft Corp. (MSFT) by 84.19%. The trade had an impact of -1.18% on the portfolio.
The well-known tech company has a market cap of $1.60 trillion and an enterprise value of $1.53 trillion.
GuruFocus gives the company a profitability and growth rating of 9 out of 10. The return on equity of 41.49% and return on assets of 16.38% are outperforming 93% of companies
Investors may find the following three stocks interesting, as they have forward price-earnings ratios that are below the S&P 500's historical average of 15. The projections of future earnings are based on data from Morningstar analysts.
The first stock that meets the criteria is Weibo Corp (WB), a Chinese communication services company operating a social media platform in the People's Republic of China.
Weibo Corp has a forward price-earnings ratio of 14.88 (versus the industry median of 27.26), which results from Wednesday's closing price of $36.43 per share and analyst expectations for net earnings per share (EPS)
Axalta Coating Systems Ltd. (AXTA) got hit hard by the coronavirus selloff, but has since recovered quite a bit of lost ground. The company is currently selling not too far from its initial public offering price in 2014.
Axalta recently reported its second-quarter numbers. Covid-19 has hit its sales quite severely with revenue down around 40% compared to the same quarter last year. The company noted that sales have improved sequentially over the quarter, with June sales up 80% from April. The company has shored up its liquidity by issuing $500 million
The S&P 500 index posted a 7.2% yearly increase in its annual earnings per share over the past five years through Dec. 31, 2019. The share price of the index ($3,083.76 at close on Thursday) is up nearly 47% over the past five years through June 25.
Thus, investors may want to consider Baxter International Inc (BAX), Axalta Coating Systems Ltd (AXTA) and Maxim Integrated Products Inc (MXIM) as potential investments, as these companies have outperformed the benchmark for the U.S. market in terms of a higher five-year EPS growth rate.
Baxter International Inc
The Deerfield, Illinois-based global supplier of
Discover Financial Services
The firm cut the Discover Financial Services (DFS) position by 93.26%. The portfolio was impacted by -1.30%.
The bank has a market cap of $11.99 billion and an enterprise value of $28.62 billion.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. The return on equity of 18.96% and return on assets of 1.94% are outperforming 51% of companies in the credit services industry. Its financial strength is rated 3 out
Founded in 2001 by Barry Rosenstein, the New York-based firm applies a fundamental value discipline to identify undervalued companies that have one or more specific catalysts to unlock value.
The New York-based firm, which was founded in 2001 by Barry Rosenstein, takes a value-oriented, event-driven approach to picking stocks, often entering activist positions in order to help unlock value for shareholders.
According to GuruFocus Real-Time Picks, a Premium feature, the firm sold 3.2 million shares of the Chicago-based company on Jan. 9, impacting the equity portfolio by -8.38%. The stock traded for an average price of $32.19 per share.
GuruFocus estimates the firm has gained
The guru increased his position in AbbVie Inc. (ABBV)Â by 13.91% in the second quarter and then boosted it by 154.61% in the third quarter. The stock has a weight of 0.02% in the portfolio.
The drug company has a market cap of $121 billion. Its revenue of $32.86 billion has grown at an average rate of 12.50% per annum over the last five
Mario Gabelli, leader of GAMCO Investors, bought shares of the following stocks in both the first and second quarters of 2019.
AAR Corp. (AIR)
The guru increased his position by 50.77% in the first quarter and by 47.06% in the second quarter. The holding has a weight of 0.10% in the equity portfolio.
With a market cap of $1.41 billion, the company provides services to the aviation, government and defense markets. Its revenue of $2.05 billion has grown an average 6.30% per annum over the last five years.
Romick runs the FPA Crescent Fund along with two colleagues and has built it to $15 billion in assets. Founded in 1993, the fund may invest in both equity and debt, and sometimes sells securities short, such as its current bet against the SPDR S&P Regional Banking (KRE). Primarily, it seeks stocks of large and small market capitalizations that have low valuations and attractive future prospects based on fundamental security analysis.
While gurus hold positions in these companies, their stock prices and returns continue to fall. The following are the worst-performing stocks over the last three months with a long-term presence in more than four gurus’ portfolios.
Shares of Mylan NV (MYL) declined 20.6% over the last six months. The stock is held by 11 gurus.
The pharmaceutical company has a $15 billion market cap. The stock is trading with a price-earnings ratio of 29.40. The share price of $28.77 is 35.64% below its 52-week high and 10.51% above its 52-week low.
Over the last
The GuruFocus All-in-One Screener can be used to find insider trades from the past week. Under the Insiders tab, change the settings for All Insider Buying to “$200,000+,” the duration to “January 2019” and All Insider Sales to “$5,000,000+.”
According to these filters, the following are trades from company insiders this week.
Equitrans Midstream Corp., 10% owner of EQGP Holdings LP (EQGP), bought 11,097,287 shares for an average price of $20 per share on Jan. 10.
The company, which owns, operates, acquires and develops midstream energy assets, has a market cap of $6.04 billion
The firm trimmed its holding of NXP Semiconductors NV (NXPI) by 57.04%. The trade had an impact of -2.05% on the portfolio.
The semiconductor company has a market cap of $24.06 billion.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The return on equity of 20.85% and return on assets of 11.61% are outperforming 51% of companies in the Global Semiconductors industry. Its financial strength is rated 6 out of 10.
Earlier this year, investors had the chance to buy three Warren Buffett-approved stocks at their lowest prices in a year: The Kraft Heinz Co. (KHC), Procter & Gamble Co. (PG) and Coca-Cola Co. (KO). Price changes in Procter & Gamble and Coca-Cola stock have since moved them off the list, but four of his other holdings have since replaced them. Buffett stocks General Motors (GM), Axalta Coating Systems Ltd. (AXTA), Goldman Sachs Group Inc. (GS) and Wells Fargo & Co. (WFC) have all descended to their 52-week lows.
The stocks appear as particular bargains considering the torrid path of
The guru reduced his holding of FedEx Corp. (FDX) by 99.81%. The trade had an impact of -1.72% on the portfolio.
The world's largest express courier delivery company has a market cap of $63.73 billion and an enterprise value of $77.05 billion.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The return on equity of 25.93% and the return on assets of 9.06% are outperforming 96%
|2021-05-18 $ 32.545 (-1.02%)|
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|2021-04-26 $ 32.52 (0.03%)|
|2021-04-21 $ 31.98 (1.91%)|
John Rogers Comments on Axalta Coating Systems - GuruFocus.com
|2021-04-19 $ 31.69 (0.16%)|
|2021-04-13 $ 29.67 (-1.49%)|
|2021-04-12 $ 30.12 (0.84%)|
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|2020-10-08 $ 25.45 (0.63%)|
Moving Average Crossover Alert: Axalta Coating Systems - www.zacks.com
|2020-10-02 $ 24 (2.13%)|
Ingevity Gains on Cost Actions Amid Weak Industrial Demand - www.zacks.com
|2020-09-30 $ 22.17 (0.36%)|
Axalta Coating Systems (AXTA) Upgraded to Strong Buy: Here's Why - www.zacks.com
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|2020-08-25 $ 24.12 (-0.04%)|
Axalta: Paint Me Pink - GuruFocus.com
|2020-08-13 $ 24 (-1.36%)|
|2020-07-29 $ 23.05 (0.17%)|
|2020-07-28 $ 23.01 (-0.43%)|
Why Earnings Season Could Be Great for Axalta (AXTA) - www.zacks.com
|2020-07-22 $ 22.92 (0.57%)|
|2020-07-20 $ 23.39 (-2.66%)|
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|2020-07-16 $ 23.74 (-0.59%)|
|2020-06-25 $ 21.72 (1.31%)|
Axalta (AXTA) Unveils Imron Industrial Wood Product Line - www.zacks.com
|2020-06-18 $ 22.3 (-1.68%)|
|2020-06-12 $ 22.19 (2.26%)|
|2020-06-10 $ 23.47 (-3.22%)|
Axalta (AXTA) Launches Strenex Product Line in North America - www.zacks.com
|2020-06-08 $ 25.17 (1.9%)|
Axalta (AXTA) Launches Rival DTM Topcoat RV901 and RV902 - www.zacks.com
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|2020-06-05 $ 24.7 (0.82%)|
Axalta (AXTA) Announces Pricing of Notes Offering Due 2027 - www.zacks.com
|2020-06-04 $ 24.5 (0.25%)|
Axalta Unveils Alesta BE+ Industrial Powder Coating in Mexico - www.zacks.com
|2020-05-15 $ 19.7 (0.77%)|
|2020-05-06 $ 18.45 (-4.4%)|
Axalta Coating Systems (AXTA) Q1 Earnings Meet Estimates - www.zacks.com
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|2020-04-29 $ 19.8 (2.8%)|
|2020-04-27 $ 19.14 (3.74%)|
Axalta Voltatex Insulating Resins Used to Contain Coronavirus - www.zacks.com
|2020-04-20 $ 17.37 (-4.87%)|
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|2020-04-15 $ 17.34 (-5.56%)|
|2020-04-03 $ 15.51 (-5.31%)|
Why Axalta Coating Systems Crashed in March - www.fool.com
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|2020-03-27 $ 17.69 (1.26%)|
Axalta (AXTA) Looks Good: Stock Adds 5.8% in Session - www.zacks.com
|2019-03-01 $ 26.98 (0.94%)|
|2018-10-13 $ 25.57 (-1.12%)|
|2018-08-10 $ 30.03 (-0.56%)|
Warren Buffett Boosts Holding in Axalta - GuruFocus.com
|2018-05-14 $ 31.29 (-0.86%)|
|2018-03-05 $ 31.52 (1.32%)|
|2017-11-17 $ 33.32 (0.42%)|
Wally Weitz Comments on Axalta - GuruFocus.com
|2017-10-31 $ 33.25 (2.53%)|
First Eagle Fund of America Comments on Axalta - GuruFocus.com
|2017-04-26 $ 31.83 (-1.15%)|
Jerome Dodson Comments on Axalta Coating Systems - GuruFocus.com
|2016-10-07 $ 26.76 (-4.8%)|
Insider Update: Facebook, Axalta, Versartis - GuruFocus.com
|2015-07-13 $ 33.13 (1.78%)|
|2015-07-08 $ 32.17 (-4.03%)|
Axalta Coating Systems Insider Sells Shares - GuruFocus.com