There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Axalta Coating Systems Ltd. (AXTA) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.82, or -3.49%, to $22.67. Volume reached 176,459 shares, with price reaching a high of $22.67 and a low of $22.67. Yahoo Finance discussed the stock recently as it posted Axalta Names Jan Bertsch to Board of Directors.
This NYSE-listed company operates within the Specialty Chemicals industry segment, falling under the Basic Materials sector. At the end of the last regular session, the stock closed at $22.67 and fluctuated between $23.38 as its day high and $22.66 as its day low. The current market capitalization of Axalta Coating Systems Ltd. is $5.17B. A total of 2.18 million shares were traded on the day, compared to an average of 2.09M shares.
Insider trades can also provide insight into a stock’s future direction. During the recent three months, AXTA has seen 1 BUY and 1 SELL insider trades, representing the acquisition of 3,052 and the disposition of 1,297 shares. Over the last 12 months, there were 40 BUYs and 29 SELLs from insiders. Insiders purchased 258,667 shares during that period but sold 96,767.
In the most recent transaction, COOK WILLIAM M bought 2,000 shares of AXTA for 24.64 per share on Mar 04. After the transaction, the Director now owns 20,320 company shares. In a previous transaction on Nov 02, Weaver Troy D. sold 24,000 shares at 31.46 per share. AXTA shares that SVP, Global Refinish owns now total 27,337.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for AXTA in the last 3 months, the mean price target is $29.84 with high estimates of $38.00 and low estimates of $25.00. In terms of 52-week highs and lows, AXTA has a high of $34.12 and a low of $21.44.
As of this writing, AXTA has an earnings estimate of $0.42 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $0.44 per share and a lower estimate of $0.41. The company reported an EPS of $0.41 in the last quarter, which was 2.5% higher than expectations of $0.4.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects.
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 19 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AXTA is Underweight with a score of 4.17. A total of 9 analysts rated the stock as Buy while 2 rated it as Overweight while 8 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.