As of close of business last night, Hexcel Corp.’s stock clocked out at $72.77, down -2.14% from its previous closing price of $74.36. In other words, the price has decreased by -$1.59 from its previous closing price. On the day, 605941 shares were traded. HXL stock price reached its highest trading level at $74.20 during the session, while it also had its lowest trading level at $72.75.
Ratios:
To gain a deeper understanding of HXL’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 27.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 41.24. For the most recent quarter (mrq), Quick Ratio is recorded 1.68 and its Current Ratio is at 2.74. In the meantime, Its Debt-to-Equity ratio is 0.42 whereas as Long-Term Debt/Eq ratio is at 0.42.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on February 22, 2024, Downgraded its rating to Underweight and sets its target price to $66 from $70 previously.
Truist Upgraded its Hold to Buy on January 10, 2024, whereas the target price for the stock was revised from $62 to $96.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 14 ’24 when Fitzsimons Gina sold 864 shares for $72.10 per share. The transaction valued at 62,294 led to the insider holds 3,375 shares of the business.
Merlot Thierry sold 4,500 shares of HXL for $322,335 on Feb 09 ’24. The insider now owns 50,371 shares after completing the transaction at $71.63 per share. On Jul 27 ’23, another insider, Lehman Gail E, who serves as the insider of the company, sold 1,571 shares for $70.15 each. As a result, the insider received 110,206 and left with 6,942 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HXL now has a Market Capitalization of 6.14B and an Enterprise Value of 6.61B. As of this moment, Hexcel’s Price-to-Earnings (P/E) ratio for their current fiscal year is 59.05, and their Forward P/E ratio for the next fiscal year is 24.46. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.43 while its Price-to-Book (P/B) ratio in mrq is 3.57. Its current Enterprise Value per Revenue stands at 3.70 whereas that against EBITDA is 24.63.
Stock Price History:
Over the past 52 weeks, HXL has reached a high of $79.08, while it has fallen to a 52-week low of $58.81. The 50-Day Moving Average of the stock is 71.90, while the 200-Day Moving Average is calculated to be 70.37.
Shares Statistics:
It appears that HXL traded 696.42K shares on average per day over the past three months and 511.97k shares per day over the past ten days. A total of 84.10M shares are outstanding, with a floating share count of 83.79M. Insiders hold about 0.70% of the company’s shares, while institutions hold 97.45% stake in the company. Shares short for HXL as of Feb 29, 2024 were 1.78M with a Short Ratio of 2.56, compared to 1.23M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.11% and a Short% of Float of 2.37%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.50, HXL has a forward annual dividend rate of 0.53. Against a Trailing Annual Dividend Yield of 0.67%, it implies a Forward Annual Dividend Yield of 0.72%. The stock’s 5-year Average Dividend Yield is 0.88. The current Payout Ratio is 40.44% for HXL, which recently paid a dividend on Feb 16, 2024 with an ex-dividend date of Feb 08, 2024. Stock splits for the company last occurred on May 23, 1988 when the company split stock in a 3:2 ratio.
Earnings Estimates
As of right now, 19 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.43 for the current quarter, with a high estimate of $0.6 and a low estimate of $0.3, while EPS last year was $0.5. The consensus estimate for the next quarter is $0.56, with high estimates of $0.63 and low estimates of $0.49.
Analysts are recommending an EPS of between $2.39 and $2.14 for the fiscal current year, implying an average EPS of $2.23. EPS for the following year is $2.98, with 17 analysts recommending between $3.29 and $2.67.
Revenue Estimates
In the current quarter, 16 analysts expect revenue to total $477.15M. It ranges from a high estimate of $504.9M to a low estimate of $446M. As of the current estimate, Hexcel Corp.’s year-ago sales were $430.02M, an estimated increase of 11.00% from the year-ago figure. For the next quarter, 16 analysts are estimating revenue of $495.58M, an increase of 9.10% less than the figure of $11.00% in the same quarter last year. There is a high estimate of $508.1M for the next quarter, whereas the lowest estimate is $476.3M.
A total of 18 analysts have provided revenue estimates for HXL’s current fiscal year. The highest revenue estimate was $2.05B, while the lowest revenue estimate was $1.94B, resulting in an average revenue estimate of $1.99B. In the same quarter a year ago, actual revenue was $1.79B, up 11.10% from the average estimate. Based on 17 analysts’ estimates, the company’s revenue will be $2.24B in the next fiscal year. The high estimate is $2.5B and the low estimate is $2.13B. The average revenue growth estimate for next year is up 12.60% from the average revenue estimate for this year.
