Hexcel Co. (NYSE:HXL) CEO Nick L. Stanage sold 7,000 shares of the company’s stock in a transaction dated Tuesday, December 12th. The stock was sold at an average price of $62.01, for a total transaction of $434,070.00. Following the completion of the sale, the chief executive officer now directly owns 161,463 shares of the company’s stock, valued at approximately $10,012,320.63. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of Hexcel Co. (NYSE HXL) opened at $61.92 on Friday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.53 and a current ratio of 2.74. The stock has a market capitalization of $5,482.95, a PE ratio of 23.30, a price-to-earnings-growth ratio of 3.05 and a beta of 1.10. Hexcel Co. has a twelve month low of $49.20 and a twelve month high of $63.93.

Hexcel (NYSE:HXL) last posted its quarterly earnings data on Wednesday, October 18th. The aerospace company reported $0.71 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.69 by $0.02. The firm 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%. The business’s revenue for the quarter was down 1.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.65 EPS. equities analysts expect that Hexcel Co. will post 2.68 earnings per share for the current year.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Alps Advisors Inc. raised its holdings in Hexcel by 0.3% during the 2nd quarter. Alps Advisors Inc. now owns 8,930 shares of the aerospace company’s stock worth $471,000 after buying an additional 23 shares during the period. Advisor Group Inc. raised its holdings in Hexcel by 0.5% during the 2nd quarter. Advisor Group Inc. now owns 5,201 shares of the aerospace company’s stock worth $275,000 after buying an additional 24 shares during the period. Teacher Retirement System of Texas grew its stake in Hexcel by 1.3% during the 2nd quarter. Teacher Retirement System of Texas now owns 7,326 shares of the aerospace company’s stock valued at $387,000 after acquiring an additional 97 shares in the last quarter. Albion Financial Group UT grew its stake in Hexcel by 1.2% during the 2nd quarter. Albion Financial Group UT now owns 8,697 shares of the aerospace company’s stock valued at $459,000 after acquiring an additional 100 shares in the last quarter. Finally, Comerica Bank grew its stake in Hexcel by 1.4% during the 2nd quarter. Comerica Bank now owns 9,056 shares of the aerospace company’s stock valued at $494,000 after acquiring an additional 128 shares in the last quarter. Hedge funds and other institutional investors own 96.67% of the company’s stock.

Several equities research analysts recently weighed in on HXL shares. KeyCorp reaffirmed a “buy” rating and issued a $60.00 price objective on shares of Hexcel in a report on Friday, September 1st. Stephens started coverage on shares of Hexcel in a report on Wednesday, December 6th. They issued an “overweight” rating and a $74.00 price objective for the company. Jefferies Group reaffirmed a “hold” rating and issued a $50.00 price objective on shares of Hexcel in a report on Friday, September 29th. Canaccord Genuity reaffirmed a “hold” rating and issued a $54.00 price objective on shares of Hexcel in a report on Friday, September 29th. Finally, Zacks Investment Research raised shares of 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 issued a hold rating and six have given a buy rating to the stock. Hexcel currently has an average rating of “Hold” and a consensus target price of $62.20.

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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.

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