Hexcel Co. (NYSE:HXL) CEO Nick L. Stanage sold 18,000 shares of Hexcel stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of $62.00, for a total value of $1,116,000.00. Following the sale, the chief executive officer now directly owns 172,463 shares in the company, valued at $10,692,706. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Hexcel Co. (NYSE:HXL) opened at $62.16 on Tuesday. The company has a market capitalization of $5,561.07, a P/E ratio of 23.63, a PEG ratio of 3.09 and a beta of 1.10. The company has a quick ratio of 1.53, a current ratio of 2.74 and a debt-to-equity ratio of 0.58. Hexcel Co. has a 1-year low of $49.20 and a 1-year high of $63.93.

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

A number of large investors have recently bought and sold shares of HXL. Fieldpoint Private Securities LLC acquired a new position in Hexcel during the 3rd quarter worth $142,000. The Manufacturers Life Insurance Company lifted its holdings in Hexcel by 6.9% during the 2nd 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 Hexcel during the 2nd quarter worth $202,000. Pacad Investment Ltd. acquired a new position in Hexcel during the 2nd quarter worth $206,000. Finally, AHL Partners LLP acquired a new position in Hexcel during the 2nd quarter worth $207,000. 96.67% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities research analysts have weighed in on the company. Loop Capital lifted their price objective on Hexcel from $61.00 to $64.00 and gave the company a “hold” rating in a report on Tuesday, October 24th. Bank of America boosted their target price on Hexcel from $65.00 to $70.00 and gave the stock a “buy” rating in a report on Friday, October 20th. KeyCorp boosted their target price on Hexcel from $65.00 to $69.00 and gave the stock an “overweight” rating in a report on Friday, October 20th. Credit Suisse Group reissued a “neutral” rating and issued a $67.00 target price (up from $60.00) on shares of Hexcel in a report on Wednesday, December 13th. Finally, Canaccord Genuity reissued a “hold” rating and issued a $62.00 target price on shares of Hexcel in a report on Tuesday, November 14th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus 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.

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

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