Hexcel (NYSE:HXL) Earns Media Impact Rating of 0.17
News headlines about Hexcel (NYSE:HXL) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hexcel earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave news stories about the aerospace company an impact score of 47.1130193363193 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Shares of Hexcel (NYSE HXL) traded down $0.81 during mid-day trading on Wednesday, hitting $67.32. 68,932 shares of the stock were exchanged, compared to its average volume of 569,720. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.31 and a current ratio of 2.51. The company has a market cap of $6,135.35, a PE ratio of 25.48, a price-to-earnings-growth ratio of 2.66 and a beta of 1.17. Hexcel has a 12 month low of $49.20 and a 12 month high of $69.52.
Hexcel (NYSE:HXL) last issued its earnings results on Wednesday, January 24th. The aerospace company reported $0.70 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.70. Hexcel had a net margin of 14.39% and a return on equity of 17.86%. The company had revenue of $511.70 million for the quarter, compared to analysts’ expectations of $506.70 million. During the same period in the prior year, the firm earned $0.64 EPS. Hexcel’s quarterly revenue was up 5.8% compared to the same quarter last year. research analysts anticipate that Hexcel will post 3.04 EPS for the current fiscal year.
A number of analysts have commented on HXL shares. Stephens lifted their target price on shares of Hexcel from $74.00 to $82.00 and gave the stock an “overweight” rating in a report on Friday, January 26th. Zacks Investment Research lowered shares of Hexcel from a “buy” rating to a “hold” rating in a report on Wednesday. Loop Capital set a $64.00 target price on shares of Hexcel and gave the stock a “hold” rating in a report on Thursday, December 14th. ValuEngine raised shares of Hexcel from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Finally, Canaccord Genuity reissued a “hold” rating and issued a $62.00 price target on shares of Hexcel in a report on Tuesday, November 14th. One analyst has rated the stock with a sell rating, six have issued a hold rating and six have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $65.90.
In other Hexcel news, CEO Nick L. Stanage sold 18,000 shares of the stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of $62.00, for a total transaction of $1,116,000.00. Following the transaction, the chief executive officer now owns 172,463 shares in the company, valued at approximately $10,692,706. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Nick L. Stanage sold 27,174 shares of the stock in a transaction that occurred on Monday, January 8th. The stock was sold at an average price of $64.01, for a total transaction of $1,739,407.74. Following the transaction, the chief executive officer now owns 181,637 shares in the company, valued at approximately $11,626,584.37. The disclosure for this sale can be found here. In the last quarter, insiders sold 70,174 shares of company stock worth $4,430,908. 2.10% of the stock is owned by company insiders.
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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