Hexcel Corp. (HXL) Scheduled to Post Earnings on Friday
Hexcel Corp. (NYSE:HXL) will issue its quarterly earnings data on Friday, January 24th. Persons interested in participating in the company’s earnings conference call can do so using this link.
Hexcel Corp. (NYSE:HXL) opened at 46.40 on Thursday. Hexcel Corp. has a one year low of $26.20 and a one year high of $46.46. The stock’s 50-day moving average is $43.94 and its 200-day moving average is $40.02. The company has a market cap of $4.620 billion and a price-to-earnings ratio of 26.15.
HXL has been the subject of a number of recent research reports. Analysts at Stifel Nicolaus raised their price target on shares of Hexcel Corp. from $50.00 to $55.00 in a research note to investors on Tuesday. They now have a “buy” rating on the stock. On the ratings front, analysts at Credit Suisse downgraded shares of Hexcel Corp. from an “outperform” rating to a “neutral” rating in a research note to investors on Monday, January 6th. They now have a $49.00 price target on the stock, up previously from $43.00. Finally, 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. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Hexcel Corp. currently has an average rating of “Buy” and a consensus price target of $46.82.
In other Hexcel Corp. news, Director Lynn Brubaker sold 3,143 shares of the stock on the open market in a transaction dated Friday, January 10th. The shares were sold at an average price of $45.13, for a total value of $141,843.59. Following the completion of the transaction, the director now directly owns 3,500 shares in the company, valued at approximately $157,955. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Hexcel Corporation (NYSE:HXL) is a composites company.
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