Hexcel Corp. [HXL] Revenue clocked in at $1.79 billion, down -11.04% YTD: What’s Next?

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Hexcel Corp. [NYSE: HXL] closed the trading session at $65.61. The company report on January 24, 2024 at 4:16 PM that Hexcel Declares Quarterly Dividend.

Hexcel Corporation (NYSE: HXL) announced today that the Company’s Board of Directors has declared a regular quarterly cash dividend of $0.15 per share on the common stock of Hexcel, payable to stockholders of record as of February 9, 2024, with a payment date of February 16, 2024.

The stocks have a year to date performance of -11.04 percent and weekly performance of -7.89 percent. The stock has been moved at -6.88 percent over the last six months. The stock has performed -10.89 percent around the most recent 30 days and changed 9.48 percent over the most recent 3-months.

If compared to the average trading volume of 467.20K shares, HXL reached to a volume of 3560656 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Hexcel Corp. [HXL]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HXL shares is $79.22 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 2.19. 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.

Truist have made an estimate for Hexcel Corp. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 10, 2024.

The Average True Range (ATR) for Hexcel Corp. is set at 1.72, with the Price to Sales ratio for HXL stock in the period of the last 12 months amounting to 3.08. The Price to Book ratio for the last quarter was 3.21, with the Price to Cash per share for the same quarter was set at 2.70. Price to Free Cash Flow for HXL in the course of the last twelve months was 37.06 with Quick ratio for the last quarter at 1.68.

HXL stock trade performance evaluation

Hexcel Corp. [HXL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -7.89. With this latest performance, HXL shares dropped by -10.89% in over the last four-week period, additionally sinking by -6.88% over the last 6 months – not to mention a rise of 5.55% 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 27.79, with the RSI for the last a single of trading hit 19.33, and the three-weeks RSI is set at 34.55 for Hexcel Corp. [HXL]. The present Moving Average for the last 50 days of trading for this stock 70.60, while it was recorded at 70.40 for the last single week of trading, and 70.14 for the last 200 days.

Hexcel Corp. [HXL]: An insightful look at the core fundamentals

Hexcel Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.68 and a Current Ratio set at 2.74.

Earnings per share (EPS) analysis for Hexcel Corp. [HXL] stock

With the latest financial reports released by the company, Hexcel Corp. posted 0.5/share EPS, while the average EPS was predicted by analysts to be reported at 0.38/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 31.60%. 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. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Hexcel Corp. go to 30.00%.

Hexcel Corp. [HXL]: Institutional Ownership

The top three institutional holders of HXL stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in HXL stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in HXL stock with ownership which is approximately 5.8325%.