Hold Axalta Coating Systems A Little Bit Longer

Harold Goldmeier profile picture
Harold Goldmeier
2.99K Followers

Summary

  • Axalta Coating Systems is a workhorse basic company in a necessary industry for finished manufactured goods.
  • Institutions own nearly all the stock. The share price is down, awaiting news next week about fourth-quarter revenue and earnings.
  • The shares are worth holding because the company does not face serious deleterious risks but it does not pay a dividend and there are headwinds.

Hispanic worker preparing to paint car in auto body shop

Hill Street Studios/DigitalVision via Getty Images

Vanguard Small-Cap Value ETF (VBR) holds nearly 2M shares of Axalta Coating Systems Ltd (NYSE:AXTA). That is more than any other of the 81 ETFs with Axalta stock in all the

chart

Quant Ratings/Factor Grades (seekingalpha.com/symbol/AXTA/ratings/quant-ratings)

chart

Revenue (seekingalpha.com/symbol/AXTA)

charts

Earnings (seekingalpha.com/symbol/AXTA)

chart

Hedge Funds Owning Axalta (insidermonkey.com/insider-trading/company/axalta%20coating%20systems%20ltd/1616862/)

graph

Cash Flow (ycharts.com/companies/AXTA)

chart

Trading volume (marketchameleon.com/Overview/AXTA/Summary/)

This article was written by

Harold Goldmeier profile picture
2.99K Followers
I write for retail value investors who cannot afford to lose money but sometimes like to take a risk. I speak for free to community and school groups. I was teaching business, social/political activism, and Middle East politics to international university students in Tel Aviv b4 the pandemic hit. I consult with startups and mid-level companies. I co-manage Goldmeier Investments LLC with my son Daniel. I founded the Sappanos Decorating Centers, Chicago, with more than 70 employees and real estate holdings in excess of $15m. I am a former Research and Teaching Fellow at Harvard and Assoc. Prof Tufts Medical School.

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 within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Recommended For You

Comments (3)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.