Loop Capital set a $64.00 price objective on Hexcel (NYSE:HXL) in a report published on Thursday morning. The firm currently has a hold rating on the aerospace company’s stock.

HXL has been the topic of a number of other research reports. KeyCorp restated a buy rating and issued a $60.00 price target on shares of Hexcel in a report on Friday, September 1st. Stephens started coverage on Hexcel in a report on Wednesday, December 6th. They issued an overweight rating and a $74.00 price target on the stock. Jefferies Group restated a hold rating and issued a $50.00 price target on shares of Hexcel in a report on Friday, September 29th. Canaccord Genuity restated a hold rating and issued a $54.00 price target on shares of Hexcel in a report on Friday, September 29th. Finally, Zacks Investment Research upgraded Hexcel from a sell rating to a hold rating in a report on Friday, September 1st. One analyst has rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of $63.00.

Hexcel (NYSE HXL) traded up $0.88 on Thursday, hitting $61.92. The company had a trading volume of 739,900 shares, compared to its average volume of 586,407. The firm has a market cap of $5,561.07, a PE ratio of 23.63, a P/E/G ratio of 3.09 and a beta of 1.10. The company has a current ratio of 2.74, a quick ratio of 1.53 and a debt-to-equity ratio of 0.58. Hexcel has a 1-year low of $49.20 and a 1-year high of $63.93.

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

In other Hexcel news, CEO Nick L. Stanage sold 7,000 shares of the stock in a transaction on Tuesday, December 12th. The stock was sold at an average price of $62.01, for a total transaction of $434,070.00. Following the transaction, the chief executive officer now owns 161,463 shares of the company’s stock, valued at approximately $10,012,320.63. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Kimberly A. Hendricks sold 2,608 shares of the stock in a transaction on Monday, October 23rd. The stock was sold at an average price of $63.35, for a total value of $165,216.80. Following the transaction, 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 quarter, insiders have sold 33,797 shares of company stock worth $2,070,333. 2.10% of the stock is owned by insiders.

Institutional investors have recently modified their holdings of the business. AHL Partners LLP purchased a new position in shares of Hexcel during the 2nd quarter worth $207,000. Torray LLC lifted its stake in shares of Hexcel by 2.8% during the 2nd quarter. Torray LLC now owns 14,775 shares of the aerospace company’s stock worth $780,000 after purchasing an additional 403 shares during the period. Markel Corp lifted its stake in shares of Hexcel by 32.3% during the 3rd quarter. Markel Corp now owns 86,000 shares of the aerospace company’s stock worth $4,938,000 after purchasing an additional 21,000 shares during the period. BlackRock Inc. lifted its stake in shares of Hexcel by 5.0% during the 2nd quarter. BlackRock Inc. now owns 4,924,139 shares of the aerospace company’s stock worth $259,946,000 after purchasing an additional 233,521 shares during the period. Finally, Russell Investments Group Ltd. lifted its stake in shares of Hexcel by 13.2% during the 2nd quarter. Russell Investments Group Ltd. now owns 28,200 shares of the aerospace company’s stock worth $1,490,000 after purchasing an additional 3,279 shares during the period. 96.67% of the stock is currently owned by institutional investors.

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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.

Analyst Recommendations for Hexcel (NYSE:HXL)

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