Insider Selling: Lynn Brubaker Sells 2,790 Shares of Hexcel Corp. Stock (HXL)
Hexcel Corp. (NYSE:HXL) Director Lynn Brubaker unloaded 2,790 shares of the company’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $44.37, for a total value of $123,792.30. Following the sale, the director now directly owns 6,643 shares of the company’s stock, valued at approximately $294,750. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
A number of analysts have recently weighed in on HXL shares. Analysts at RBC Capital reiterated a “buy” rating on shares of Hexcel Corp. in a research note to investors on Tuesday, November 26th. They now have a $47.00 price target on the stock. Separately, analysts at Canaccord Genuity raised their price target on shares of Hexcel Corp. from $46.00 to $50.00 in a research note to investors on Tuesday, November 26th. They now have a “buy” rating on the stock. Finally, analysts at DA Davidson raised their price target on shares of Hexcel Corp. from $46.00 to $49.00 in a research note to investors on Thursday, October 24th. They now have a “buy” rating on the stock. Two research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. Hexcel Corp. has a consensus rating of “Buy” and an average target price of $44.92.
Shares of Hexcel Corp. (NYSE:HXL) traded down 0.83% on Thursday, hitting $44.32. The stock had a trading volume of 746,209 shares. Hexcel Corp. has a 52 week low of $26.20 and a 52 week high of $44.93. The stock has a 50-day moving average of $43.25 and a 200-day moving average of $38.92. The company has a market cap of $4.413 billion and a price-to-earnings ratio of 25.68.
Hexcel Corp. (NYSE:HXL) last issued its quarterly earnings data on Tuesday, October 22nd. The company reported $0.48 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.46 by $0.02. The company had revenue of $412.00 million for the quarter, compared to the consensus estimate of $428.63 million. During the same quarter last year, the company posted $0.39 earnings per share. Hexcel Corp.’s revenue was up 5.3% compared to the same quarter last year. On average, analysts predict that Hexcel Corp. will post $1.85 earnings per share for the current fiscal year.
Hexcel Corporation (NYSE:HXL) is a composites company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.