Hexcel (NYSE:HXL) will be releasing its earnings data after the market closes on Monday, October 19th. Analysts expect Hexcel to post earnings of $0.08 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.
Hexcel (NYSE:HXL) last issued its quarterly earnings data on Monday, July 27th. The aerospace company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.12). Hexcel had a net margin of 9.48% and a return on equity of 14.73%. The firm had revenue of $378.70 million for the quarter, compared to analysts’ expectations of $372.66 million. During the same period in the prior year, the firm posted $0.94 EPS. Hexcel’s revenue was down 37.8% on a year-over-year basis. On average, analysts expect Hexcel to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
NYSE HXL opened at $35.53 on Friday. The company’s 50 day simple moving average is $37.46 and its two-hundred day simple moving average is $37.92. The company has a debt-to-equity ratio of 0.88, a current ratio of 3.86 and a quick ratio of 2.42. Hexcel has a 1 year low of $24.54 and a 1 year high of $80.57. The stock has a market capitalization of $2.97 billion, a PE ratio of 15.58, a P/E/G ratio of 7.00 and a beta of 1.18.
A number of equities research analysts recently issued reports on HXL shares. Loop Capital downgraded Hexcel from a “hold” rating to a “sell” rating and lowered their price objective for the stock from $33.00 to $22.00 in a research report on Thursday, July 30th. Credit Suisse Group downgraded Hexcel from an “outperform” rating to a “neutral” rating and dropped their price target for the company from $47.00 to $40.00 in a research report on Friday, October 9th. UBS Group cut shares of Hexcel from a “neutral” rating to a “sell” rating and upped their price objective for the stock from $31.00 to $32.00 in a research report on Thursday, September 17th. Canaccord Genuity raised their target price on shares of Hexcel from $36.00 to $40.00 and gave the company a “hold” rating in a research note on Wednesday, July 29th. Finally, Barclays boosted their price target on shares of Hexcel from $38.00 to $40.00 and gave the stock an “equal weight” rating in a research note on Thursday, September 10th. Four equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $40.67.
Hexcel Company Profile
Hexcel Corporation, together with its subsidiaries, develops, manufactures, and markets structural materials for use in commercial aerospace, space and defense, and industrial markets. It operates in two segments, Composite Materials and Engineered Products. The Composite Materials segment manufactures and markets carbon fibers, fabrics and specialty reinforcements, prepregs and other fiber-reinforced matrix materials, structural adhesives, honeycomb, molding compounds, tooling materials, polyurethane systems, and laminates that are used in military and commercial aircraft, wind turbine blades, recreational products, and other industrial applications, as well as in automotive, marine, and trains.
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