AXTA News and Press, Axalta Coating Systems Ltd. From 04/18/22

Axalta Coating Systems (NYSE:AXTA) -4.4% pre-market after Deutsche Bank downgraded shares Monday to Hold from Buy with a $27 price target, cut from $34, saying Q2 and FY 2022 consensus estimates are too high given persistent raw material inflation and supply chain constraints. Deutsche Bank a...

GLEN MILLS, Pa., April 08, 2022 (GLOBE NEWSWIRE) -- Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will release its first-quarter 2022 financial results after the close of trading on Monday, April 25. The release and supporting materials will be posted to the ...

Ariel Investments’ 13F portfolio value increased from $10.94B to $11.86B this quarter. They increased Nielsen Holdings and Core Laboratories while reducing KKR and dropping Johnson & Johnson. The top three positions are Madison Square Garden Entertainment, Mattel, and F...

Nine local teachers honored Smithville Elementary teacher, Sarah Fryling, named 2021 Axalta All-Pro Teacher of the Year GLEN MILLS, Pa., March 24, 2022 (GLOBE NEWSWIRE) -- Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, and the Philadelphia ...

GLEN MILLS, Pa., March 23, 2022 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSE: AXTA) today announced that Christopher Evans has joined Axalta as VP, Investor Relations, effective today. Mr. Evans will report to Axalta’s SVP and Chief Financial Officer, Sean Lannon,...

CLINTON TOWNSHIP, Mich., March 21, 2022 (GLOBE NEWSWIRE) -- Axalta (NYSE: AXTA) Mobility, a leading global coatings supplier that delivers world-class color and superior protection to vehicle bodies, was recognized by General Motors as a 2021 Supplier of the Year in the paint category. Last...

Axalta's results are heavily impacted by inflation and 2022 will likely be a transition year as it will take time to pass on the costs to the end user. Despite the headwinds, the free cash flow result in 2021 was very satisfying and 2022 will likely be alright. Axalta continues to...

Wallace Weitz's 13F portfolio value increased from $2.39B to $2.49B this quarter. The number of positions increased from 58 to 59. Weitz Investment Management increased CoStar Group and Fidelity National Information Services while reducing Laboratory Corp, AON plc, and Fidelity Nation...

PPG posted a wide miss with fourth quarter operating income on stiff cost headwinds and other operational disruptions, but was in line with its peers. FY'22 guidance is dependent upon raw material cost headwinds easing off; some costs seem to be leveling off, but high oil prices are a...

The following slide deck was published by Axalta Coating Systems Ltd. in conjunction with their 2021 Q4 earnings call. For further details see: Axalta Coating Systems Ltd. 2021 Q4 - Results - Earnings Call Presentation