Media coverage about Hexcel (NYSE:HXL) has been trending somewhat positive on Tuesday, Accern reports. The research firm identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Hexcel earned a news sentiment score of 0.21 on Accern’s scale. Accern also gave media stories about the aerospace company an impact score of 46.1014409853098 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
A number of equities research analysts have issued reports on HXL shares. ValuEngine upgraded shares of Hexcel from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. Zacks Investment Research upgraded shares of Hexcel from a “hold” rating to a “buy” rating and set a $76.00 price target on the stock in a report on Wednesday, February 28th. Canaccord Genuity raised their price target on shares of Hexcel from $64.00 to $70.00 and gave the company a “hold” rating in a report on Friday, January 26th. Loop Capital set a $64.00 price target on shares of Hexcel and gave the company a “hold” rating in a report on Thursday, December 14th. Finally, Credit Suisse Group restated a “neutral” rating and set a $67.00 price target (up previously from $60.00) on shares of Hexcel in a report on Wednesday, December 13th. One analyst has rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $65.90.
Hexcel (NYSE:HXL) traded up $0.22 during trading on Tuesday, hitting $66.91. 374,303 shares of the stock were exchanged, compared to its average volume of 571,613. The company has a market cap of $6,002.38, a P/E ratio of 21.65, a P/E/G ratio of 2.60 and a beta of 1.17. The company has a quick ratio of 1.31, a current ratio of 2.51 and a debt-to-equity ratio of 0.54. Hexcel has a fifty-two week low of $49.20 and a fifty-two week high of $69.52.
Hexcel (NYSE:HXL) last released its quarterly earnings results on Wednesday, January 24th. The aerospace company reported $0.70 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.70. Hexcel had a net margin of 14.39% and a return on equity of 17.86%. The business had revenue of $511.70 million for the quarter, compared to the consensus estimate of $506.70 million. During the same quarter last year, the firm earned $0.64 EPS. Hexcel’s revenue for the quarter was up 5.8% on a year-over-year basis. equities research analysts anticipate that Hexcel will post 3.04 EPS for the current year.
In related news, CEO Nick L. Stanage sold 27,174 shares of the firm’s stock in a transaction on Monday, January 8th. The shares were sold at an average price of $64.01, for a total value of $1,739,407.74. Following the transaction, the chief executive officer now directly owns 181,637 shares in the company, valued at approximately $11,626,584.37. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Nick L. Stanage sold 25,000 shares of the firm’s stock in a transaction on Thursday, January 4th. The shares were sold at an average price of $63.02, for a total transaction of $1,575,500.00. Following the completion of the transaction, the chief executive officer now owns 179,463 shares in the company, valued at $11,309,758.26. The disclosure for this sale can be found here. Company insiders own 2.10% of the company’s stock.
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Hexcel Corporation is a composites company. The Company develops, manufactures, and markets lightweight, structural materials, including carbon fibers, specialty reinforcements, prepregs and other fiber-reinforced matrix materials, honeycomb, adhesives, engineered honeycomb and structures, for use in Commercial Aerospace, Space and Defense and Industrial markets.
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