Hexcel Co. (NYSE:HXL) – Stock analysts at Seaport Global Securities issued their Q2 2020 earnings per share (EPS) estimates for shares of Hexcel in a research note issued to investors on Tuesday, July 7th. Seaport Global Securities analyst R. Safran anticipates that the aerospace company will earn $0.13 per share for the quarter. Seaport Global Securities currently has a “Buy” rating and a $52.00 target price on the stock. Seaport Global Securities also issued estimates for Hexcel’s Q3 2020 earnings at $0.19 EPS, Q4 2020 earnings at $0.35 EPS, FY2020 earnings at $1.31 EPS, Q1 2021 earnings at $0.38 EPS, Q2 2021 earnings at $0.42 EPS, Q3 2021 earnings at $0.47 EPS, Q4 2021 earnings at $0.51 EPS, FY2021 earnings at $1.78 EPS, Q1 2022 earnings at $0.66 EPS, Q2 2022 earnings at $0.68 EPS and FY2022 earnings at $2.86 EPS.

Hexcel (NYSE:HXL) last released its quarterly earnings data on Monday, April 20th. The aerospace company reported $0.64 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.71 by ($0.07). Hexcel had a net margin of 12.10% and a return on equity of 19.92%. The business had revenue of $541.00 million for the quarter, compared to the consensus estimate of $557.29 million. During the same quarter last year, the business earned $0.84 EPS. Hexcel’s revenue for the quarter was down 11.3% compared to the same quarter last year.

Several other equities analysts have also commented on HXL. BMO Capital Markets upgraded shares of Hexcel from a “market perform” rating to an “outperform” rating and increased their price objective for the company from $45.00 to $55.00 in a research report on Friday, June 5th. Credit Suisse Group raised their target price on shares of Hexcel from $34.00 to $52.00 and gave the stock an “outperform” rating in a report on Thursday, June 11th. UBS Group lowered their target price on shares of Hexcel from $68.00 to $32.00 and set a “neutral” rating for the company in a report on Friday, April 17th. Bank of America restated an “underperform” rating and issued a $35.00 target price on shares of Hexcel in a report on Monday, April 13th. Finally, Zacks Investment Research upgraded shares of Hexcel from a “sell” rating to a “hold” rating and set a $39.00 target price for the company in a report on Thursday, April 9th. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating and five have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $45.33.

HXL stock opened at $41.61 on Thursday. Hexcel has a 52 week low of $24.54 and a 52 week high of $87.00. The company has a quick ratio of 2.21, a current ratio of 3.36 and a debt-to-equity ratio of 0.98. The company has a fifty day simple moving average of $41.63 and a two-hundred day simple moving average of $51.45. The firm has a market capitalization of $3.70 billion, a P/E ratio of 12.88, a price-to-earnings-growth ratio of 6.17 and a beta of 1.26.

Hedge funds and other institutional investors have recently bought and sold shares of the business. WASHINGTON TRUST Co purchased a new position in Hexcel during the 1st quarter valued at about $30,000. FinTrust Capital Advisors LLC purchased a new position in Hexcel during the 1st quarter valued at about $31,000. Arden Trust Co purchased a new position in Hexcel during the 1st quarter valued at about $36,000. Citizens Financial Group Inc RI increased its position in Hexcel by 74.4% during the 1st quarter. Citizens Financial Group Inc RI now owns 1,043 shares of the aerospace company’s stock valued at $39,000 after purchasing an additional 445 shares during the period. Finally, Column Capital Advisors LLC increased its position in Hexcel by 118.4% during the 1st quarter. Column Capital Advisors LLC now owns 1,186 shares of the aerospace company’s stock valued at $44,000 after purchasing an additional 643 shares during the period. 95.64% of the stock is currently owned by institutional investors and hedge funds.

In related news, insider Thierry Merlot sold 10,810 shares of the firm’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $36.44, for a total value of $393,916.40. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 1.30% of the company’s stock.

Hexcel Company Profile

Hexcel Corporation, together with its subsidiaries, develops, manufactures, and markets structural materials for use in commercial aerospace, space and defense, and industrial markets. It operates in two segments, Composite Materials and Engineered Products. The Composite Materials segment manufactures and markets carbon fibers, fabrics and specialty reinforcements, prepregs and other fiber-reinforced matrix materials, structural adhesives, honeycomb, molding compounds, tooling materials, polyurethane systems, and laminates that are used in military and commercial aircraft, wind turbine blades, recreational products, and other industrial applications, as well as in cars, boats, and trains.

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Earnings History and Estimates for Hexcel (NYSE:HXL)

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