Hexcel Corporation [NYSE: HXL] stock went on an upward path that rose over 6.00% on Friday, amounting to a one-week price decrease of less than -0.08%. The company report on October 20, 2020 that Hexcel Corp. to Host Earnings Call.
Hexcel Corp. (NYSE:HXL) will be discussing their earnings results in their 2020 Third Quarter Earnings call to be held on October 20, 2020 at 10:00 AM Eastern Time.
To listen to the event live or access a replay of the call – visit https://www.investornetwork.com/event/presentation/68403.
Over the last 12 months, HXL stock dropped by -52.32%. The one-year Hexcel Corporation stock forecast points to a potential upside of 10.78. The average equity rating for HXL stock is currently 3.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $2.80 billion, with 83.80 million shares outstanding and 82.87 million shares in the current float. Compared to the average trading volume of 857.62K shares, HXL stock reached a trading volume of 1664707 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Hexcel Corporation [HXL]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HXL shares is $39.79 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HXL stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BMO Capital Markets have made an estimate for Hexcel Corporation shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on October 21, 2020. While these analysts kept the previous recommendation, Credit Suisse dropped their target price from $47 to $40. The new note on the price target was released on October 09, 2020, representing the official price target for Hexcel Corporation stock. Previously, the target price had yet another raise to $31, while Truist analysts kept a Hold rating on HXL stock.
The Average True Range (ATR) for Hexcel Corporation is set at 2.00, with the Price to Sales ratio for HXL stock in the period of the last 12 months amounting to 1.58. The Price to Book ratio for the last quarter was 1.98, with the Price to Cash per share for the same quarter was set at 0.86. Price to Free Cash Flow for HXL in the course of the last twelve months was 11.05 with Quick ratio for the last quarter at 1.80.
HXL Stock Performance Analysis:
Hexcel Corporation [HXL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.08. With this latest performance, HXL shares gained by 9.00% in over the last four-week period, additionally plugging by 23.91% over the last 6 months – not to mention a drop of -52.32% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HXL stock in for the last two-week period is set at 48.60, with the RSI for the last a single of trading hit 50.34, and the three-weeks RSI is set at 47.34 for Hexcel Corporation [HXL]. The present Moving Average for the last 50 days of trading for this stock 37.45, while it was recorded at 34.29 for the last single week of trading, and 44.95 for the last 200 days.
Insight into Hexcel Corporation Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Hexcel Corporation [HXL] shares currently have an operating margin of +18.40 and a Gross Margin at +27.50. Hexcel Corporation’s Net Margin is presently recorded at +12.96.
Return on Total Capital for HXL is now 17.80, given the latest momentum, and Return on Invested Capital for the company is 12.64. Return on Equity for this stock inclined to 22.15, with Return on Assets sitting at 10.30. When it comes to the capital structure of this company, Hexcel Corporation [HXL] has a Total Debt to Total Equity ratio set at 77.91. Additionally, HXL Total Debt to Total Capital is recorded at 43.79, with Total Debt to Total Assets ending up at 36.01. Long-Term Debt to Equity for the company is recorded at 76.36, with the Long-Term Debt to Total Capital now at 42.92.
Reflecting on the efficiency of the workforce at the company, Hexcel Corporation [HXL] managed to generate an average of $43,944 per employee. Receivables Turnover for the company is 8.00 with a Total Asset Turnover recorded at a value of 0.79.Hexcel Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.80 and a Current Ratio set at 3.30.
HXL Stock EPS
With the latest financial reports released by the company, Hexcel Corporation posted 0.9/share EPS, while the average EPS was predicted by analysts to be reported at 0.88/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 2.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for HXL.
Hexcel Corporation [HXL] Insider Position Details
There are presently around $3,022 million, in the hands of institutional investors. The top three institutional holders of HXL stocks are: BLACKROCK INC. with ownership of 8,415,716, which is approximately 69.646% of the company’s market cap and around 0.10% of the total institutional ownership; VANGUARD GROUP INC, holding 7,621,934 shares of the stock with an approximate value of $270.58 million in HXL stocks shares; and ATLANTA CAPITAL MANAGEMENT CO L L C, currently with $228.66 million in HXL stock with ownership of nearly 66.173% of the company’s market capitalization.
Positions in Hexcel Corporation stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 189 institutional holders increased their position in Hexcel Corporation [NYSE:HXL] by around 23,768,963 shares. Additionally, 210 investors decreased positions by around 19,507,899 shares, while 57 investors held positions by with 41,846,612 shares. The mentioned changes placed institutional holdings at 85,123,474 shares, according to the latest SEC report filing. HXL stock had 70 new institutional investments in for a total of 4,481,215 shares, while 98 institutional investors sold positions of 12,109,699 shares during the same period.