Hexcel Co. (NYSE:HXL) CEO Nick L. Stanage sold 27,174 shares of the business’s stock in a transaction dated Monday, January 8th. The shares were sold at an average price of $64.01, for a total transaction of $1,739,407.74. Following the completion of the sale, the chief executive officer now owns 181,637 shares in the company, valued at $11,626,584.37. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Shares of Hexcel Co. (HXL) traded up $1.21 during trading hours on Tuesday, reaching $64.23. 822,000 shares of the company’s stock were exchanged, compared to its average volume of 684,080. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.74 and a quick ratio of 1.53. The stock has a market capitalization of $5,690.00, a price-to-earnings ratio of 23.19, a PEG ratio of 2.91 and a beta of 1.10. Hexcel Co. has a one year low of $49.20 and a one year high of $64.28.

Hexcel (NYSE:HXL) last issued its quarterly earnings results on Wednesday, October 18th. The aerospace company reported $0.71 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.69 by $0.02. The company had revenue of $491.50 million for the quarter, compared to analyst estimates of $507.77 million. Hexcel had a net margin of 13.13% and a return on equity of 18.40%. The business’s revenue for the quarter was down 1.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.65 earnings per share. equities analysts forecast that Hexcel Co. will post 2.68 earnings per share for the current fiscal year.

Large investors have recently modified their holdings of the business. Fieldpoint Private Securities LLC purchased a new stake in Hexcel during the third quarter worth about $142,000. The Manufacturers Life Insurance Company grew its position in shares of Hexcel by 6.9% during the second quarter. The Manufacturers Life Insurance Company now owns 3,098 shares of the aerospace company’s stock worth $163,000 after buying an additional 200 shares in the last quarter. Nomura Holdings Inc. acquired a new position in shares of Hexcel during the second quarter worth about $202,000. Pacad Investment Ltd. acquired a new position in shares of Hexcel during the second quarter worth about $206,000. Finally, AHL Partners LLP acquired a new position in shares of Hexcel during the second quarter worth about $207,000. Institutional investors own 96.48% of the company’s stock.

Several analysts recently issued reports on the stock. Credit Suisse Group restated a “neutral” rating and issued a $67.00 price objective (up from $60.00) on shares of Hexcel in a report on Wednesday, December 13th. Canaccord Genuity restated a “hold” rating and issued a $62.00 price objective on shares of Hexcel in a report on Tuesday, November 14th. Zacks Investment Research upgraded shares of Hexcel from a “sell” rating to a “hold” rating in a report on Tuesday, October 17th. Loop Capital boosted their price objective on shares of Hexcel from $61.00 to $64.00 and gave the company a “hold” rating in a report on Tuesday, October 24th. Finally, KeyCorp restated a “buy” rating and issued a $65.00 price objective on shares of Hexcel in a report on Thursday, October 12th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $63.00.

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Hexcel Company Profile

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.

Insider Buying and Selling by Quarter for Hexcel (NYSE:HXL)

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