Hexcel (NYSE:HXL) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, January 24th. Analysts expect the company to announce earnings of $0.70 per share for the quarter.

Hexcel (NYSE:HXL) last released its quarterly earnings results on Wednesday, October 18th. The aerospace company reported $0.71 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.69 by $0.02. The company had revenue of $491.50 million for the quarter, compared to the consensus estimate of $507.77 million. Hexcel had a net margin of 13.13% and a return on equity of 18.40%. Hexcel’s revenue was down 1.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.65 earnings per share. On average, analysts expect Hexcel to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Shares of Hexcel (NYSE:HXL) opened at $63.81 on Wednesday. The stock has a market cap of $5,802.73, a price-to-earnings ratio of 23.04, a P/E/G ratio of 2.99 and a beta of 1.10. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.53 and a current ratio of 2.74. Hexcel has a 12 month low of $49.20 and a 12 month high of $65.32.

In other news, insider Thierry Merlot sold 3,748 shares of the stock in a transaction on Tuesday, October 31st. The shares were sold at an average price of $61.19, for a total value of $229,340.12. Following the sale, the insider now owns 13,691 shares of the company’s stock, valued at $837,752.29. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Kimberly A. Hendricks sold 2,608 shares of the stock in a transaction on Monday, October 23rd. The shares were sold at an average price of $63.35, for a total transaction of $165,216.80. Following the completion of the sale, the senior vice president now directly owns 22,221 shares in the company, valued at approximately $1,407,700.35. The disclosure for this sale can be found here. In the last three months, insiders sold 103,971 shares of company stock worth $6,501,241. Insiders own 2.10% of the company’s stock.

A hedge fund recently raised its stake in Hexcel stock. The Manufacturers Life Insurance Company increased its stake in Hexcel Co. (NYSE:HXL) by 6.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,098 shares of the aerospace company’s stock after buying an additional 200 shares during the period. The Manufacturers Life Insurance Company ‘s holdings in Hexcel were worth $163,000 as of its most recent SEC filing. Institutional investors own 96.66% of the company’s stock.

HXL has been the topic of a number of recent research reports. Stephens initiated coverage on shares of Hexcel in a research note on Wednesday, December 6th. They set an “overweight” rating and a $74.00 price target on the stock. Canaccord Genuity reaffirmed a “hold” rating and set a $54.00 price target on shares of Hexcel in a research note on Friday, September 29th. Loop Capital initiated coverage on shares of Hexcel in a research note on Thursday, September 28th. They set a “hold” rating and a $61.00 price target on the stock. Jefferies Group reaffirmed a “hold” rating and set a $50.00 price target on shares of Hexcel in a research note on Friday, September 29th. Finally, KeyCorp upped their price target on shares of Hexcel from $65.00 to $69.00 and gave the company an “overweight” rating in a research note on Friday, October 20th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus 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.

Earnings History for Hexcel (NYSE:HXL)

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