Axiall Corp. (NYSE:AXLL) has been given an average rating of “Hold” by the nine analysts that are currently covering the stock. Eight investment analysts have rated the stock with a hold rating and one has given a strong buy rating to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $25.80.
Several equities analysts recently commented on AXLL shares. TheStreet raised shares of Axiall Corp. from a “sell” rating to a “hold” rating in a research note on Monday, August 22nd. Nomura reissued a “hold” rating on shares of Axiall Corp. in a research note on Monday, July 11th.
Institutional investors have recently made changes to their positions in the stock. Springbok Capital Management LLC boosted its stake in Axiall Corp. by 291.7% in the first quarter. Springbok Capital Management LLC now owns 4,700 shares of the company’s stock valued at $103,000 after buying an additional 3,500 shares during the period. Bank of Montreal Can purchased a new stake in Axiall Corp. during the second quarter valued at $115,000. BOKF NA purchased a new stake in Axiall Corp. during the second quarter valued at $115,000. Seven Eight Capital LLC purchased a new stake in Axiall Corp. during the first quarter valued at $135,000. Finally, BNP Paribas Arbitrage SA boosted its stake in Axiall Corp. by 371.0% in the second quarter. BNP Paribas Arbitrage SA now owns 6,081 shares of the company’s stock valued at $198,000 after buying an additional 4,790 shares during the period.
Shares of Axiall Corp. (NYSE:AXLL) remained flat at $33.00 during trading on Wednesday. Axiall Corp. has a one year low of $9.04 and a one year high of $33.49. The stock’s 50-day moving average is $33.00 and its 200-day moving average is $29.48.
Axiall Corp. (NYSE:AXLL) last issued its quarterly earnings data on Monday, August 8th. The company reported $0.12 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.01 by $0.11. The company earned $776.10 million during the quarter, compared to the consensus estimate of $838 million. Axiall Corp.’s revenue for the quarter was down 26.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.33 EPS. Equities analysts anticipate that Axiall Corp. will post $0.53 EPS for the current year.
Axiall Corp. Company Profile
Axiall Corporation (Axiall) is a manufacturer and international marketer of chemicals and building products. The Company operates through two segments: chlorovinyls and building products. Its products include chlorine, caustic soda, vinyl chloride monomer, siding and exterior accessories, and pipe and pipe fittings, among others.
Receive News & Ratings for Axiall Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Axiall Corp. and related companies with MarketBeat.com's FREE daily email newsletter.