Hexcel Corporation, together with its subsidiaries, develops, manufactures, and markets structural materials for use in commercial aerospace, space and defense, and industrial markets. It operates in two segments, Composite Materials and Engineered Products. The Composite Materials segment manufactures and markets carbon fibers, fabrics and specialty reinforcements, prepregs and other fiber-reinforced matrix materials, structural adhesives, honeycomb, molding compounds, tooling materials, polyurethane systems, and laminates that are used in military and commercial aircraft, wind turbine blades, recreational products, and other industrial applications, as well as in automotive, marine, and trains. The Engineered Products segment manufactures and markets aircraft structures and finished aircraft components, including wing to body fairings, wing panels, flight deck panels, door liners, helicopter blades, spars, and tip caps; and aircraft structural sub-components and semi-finished components used in helicopter blades, engine nacelles, and aircraft surfaces, such as flaps, wings, elevators, and fairings. The company sells its products directly through its managers, product managers, and sales personnel, as well as through independent distributors and manufacturer representatives in the Americas, Europe, the Asia Pacific, India, and Africa. Hexcel Corporation was founded in 1946 and is headquartered in Stamford, Connecticut.
IPO Year:
Exchange: NYSE
Website: hexcel.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/10/2024 | $65.00 | Buy → Hold | Vertical Research |
| 8/14/2024 | $76.00 → $68.00 | Outperform → Sector Perform | RBC Capital Mkts |
| 5/8/2024 | $81.00 → $95.00 | Equal Weight → Overweight | Wells Fargo |
| 4/10/2024 | $75.00 → $65.00 | Neutral → Underperform | BofA Securities |
| 4/10/2024 | Buy → Neutral | Northcoast | |
| 2/22/2024 | $70.00 → $66.00 | Equal-Weight → Underweight | Morgan Stanley |
| 1/30/2024 | Buy → Neutral | UBS | |
| 1/10/2024 | $62.00 → $96.00 | Hold → Buy | Truist |
| 1/10/2024 | $57.00 → $70.00 | Sell → Neutral | Goldman |
| 12/1/2023 | $83.00 | Buy | Stifel |
Vertical Research downgraded Hexcel from Buy to Hold and set a new price target of $65.00
RBC Capital Mkts downgraded Hexcel from Outperform to Sector Perform and set a new price target of $68.00 from $76.00 previously
Wells Fargo upgraded Hexcel from Equal Weight to Overweight and set a new price target of $95.00 from $81.00 previously
BofA Securities downgraded Hexcel from Neutral to Underperform and set a new price target of $65.00 from $75.00 previously
Northcoast downgraded Hexcel from Buy to Neutral
Morgan Stanley downgraded Hexcel from Equal-Weight to Underweight and set a new price target of $66.00 from $70.00 previously
UBS downgraded Hexcel from Buy to Neutral
Truist upgraded Hexcel from Hold to Buy and set a new price target of $96.00 from $62.00 previously
Goldman upgraded Hexcel from Sell to Neutral and set a new price target of $70.00 from $57.00 previously
Stifel initiated coverage of Hexcel with a rating of Buy and set a new price target of $83.00
Morgan Stanley analyst Kristine Liwag maintains Hexcel (NYSE:HXL) with a Underweight and lowers the price target from $63 to $61.
Truist Securities analyst Michael Ciarmoli maintains Hexcel (NYSE:HXL) with a Buy and lowers the price target from $81 to $78.
BMO Capital analyst John McNulty maintains Hexcel (NYSE:HXL) with a Market Perform and lowers the price target from $73 to $71.
Hexcel (NYSE:HXL) reported quarterly earnings of $0.60 per share which beat the analyst consensus estimate of $0.56 by 7.14 percent. The company reported quarterly sales of $500.400 which missed the analyst consensus estimate of $483.362 million by 100.00 percent. This is a 100.00 percent decrease over sales of $454.300 million the same period last year.
Truist Securities analyst Michael Ciarmoli maintains Hexcel (NYSE:HXL) with a Buy and lowers the price target from $88 to $81.
Stifel analyst Bert Subin maintains Hexcel (NYSE:HXL) with a Buy and lowers the price target from $86 to $84.
UBS analyst Gavin Parsons maintains Hexcel (NYSE:HXL) with a Neutral and lowers the price target from $73 to $71.
Deutsche Bank analyst Scott Deuschle maintains Hexcel (NYSE:HXL) with a Hold and lowers the price target from $70 to $68.
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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 November 1, 2024, with a payment date of November 8, 2024. ***** About Hexcel Hexcel Corporation is a global leader in advanced lightweight composites technology. We propel the future of flight, energy generation, transportation, and recreation through excellence in providing innovative high-performance material solutions that are lighter, stronger and tougher, helping to create a better world for us all. Our broad and unrivaled product range includes carbon fiber, speci
Hexcel Corporation (NYSE:HXL): Q3 2024 Sales were $457 million, an increase of 8.8% over Q3 2023 sales of $420 million (8.3% increase in constant currency). Q3 2024 GAAP diluted EPS of $0.49 compared to Q3 2023 GAAP diluted EPS of $0.45. Q3 2024 adjusted diluted EPS of $0.47, compared to Q3 2023 adjusted diluted EPS of $0.38. Full year 2024 results expected to be at the lower end of guidance ranges and to benefit from lower tax rates. See Table C for reconciliation of GAAP and non-GAAP operating income, net income, earnings per share and operating cash flow to free cash flow. Free cash flow is cash from operations less capital expenditures. Summary of Results from Operatio
Hexcel Corporation (NYSE:HXL) announced today that it will report financial results for its third quarter of 2024 on Monday, October 21 after the market close. The company will host a webcast and conference call to discuss highlights of its financial results on Tuesday, October 22 at 10 a.m. ET. The call will be hosted by CEO and President Tom Gentile and Chief Financial Officer Patrick Winterlich. The event will be webcast via the Investor Relations webpage at www.Hexcel.com. The event can also be accessed by dialing +1 (646) 307-1963. The conference ID is 2360739. A replay of the call will be available on the investor relations page of the Hexcel website approximately two hours after th
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 August 2, 2024, with a payment date of August 9, 2024. About Hexcel Hexcel Corporation is a global leader in advanced lightweight composites technology. We propel the future of flight, energy generation, transportation, and recreation through excellence in providing innovative high-performance material solutions that are lighter, stronger and tougher, helping to create a better world for us all. Our broad and unrivaled product range includes carbon fiber, specialty reinfo
Hexcel Corporation (NYSE:HXL): Q2 2024 GAAP diluted EPS of $0.60 compared to Q2 2023 GAAP diluted EPS of $0.50. Q2 2024 adjusted diluted EPS of $0.60, compared to Q2 2023 adjusted diluted EPS of $0.50. Q2 2024 Sales were $500 million, an increase of 10.1% over Q2 2023 sales of $454 million (10.5% increase in constant currency). Full year 2024 guidance revised. See Table C for reconciliation of GAAP and non-GAAP operating income, net income, earnings per share and operating cash flow to free cash flow. Free cash flow is cash from operations less capital expenditures. Summary of Results from Operations
Hexcel Corporation (NYSE:HXL) announced today that it will report financial results for its second quarter of 2024 on Thursday, July 18 before the stock market opens. Company management will then host a webcast and conference call to discuss highlights of its financial results at 10 a.m. ET. The call will be hosted by CEO and President Tom Gentile and Chief Financial Officer Patrick Winterlich. The event will be webcast via the Investor Relations webpage at www.Hexcel.com. The event can also be accessed by dialing +1 (646) 307-1963. The conference ID is 2360739. A replay of the call will be available on the investor relations page of the Hexcel website approximately two hours after the co
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 May 3, 2024, with a payment date of May 10, 2024. About Hexcel Hexcel Corporation is a global leader in advanced lightweight composites technology. We propel the future of flight, energy generation, transportation, and recreation through excellence in providing innovative high-performance material solutions that are lighter, stronger and tougher, helping to create a better world for us all. Our broad and unrivaled product range includes carbon fiber, specialty reinforce
Hexcel Corporation (NYSE:HXL): Q1 2024 GAAP diluted EPS of $0.43 compared to Q1 2023 GAAP diluted EPS of $0.50. Q1 2024 adjusted diluted EPS of $0.44, compared to Q1 2023 adjusted diluted EPS of $0.50. Q1 2024 Sales were $472 million, an increase of 3.2% over Q1 2023 sales of $458 million (3.1% increase in constant currency). Returned $113 million in Q1 2024 to stockholders via share repurchases and dividends. Full year 2024 guidance is reaffirmed. See Table C for reconciliation of GAAP and non-GAAP operating income, net income, earnings per share and operating cash flow to free cash flow. Free cash flow is cash from operations less capital expenditures. Summary
Hexcel Corporation (NYSE:HXL) announced today that it will report financial results for its first quarter of 2024 on Monday, April 22 after the market close. The company will host a webcast and conference call to discuss highlights of its financial results on Tuesday, April 23 at 10 a.m. ET. The call will be hosted by Chairman, CEO and President Nick Stanage and Chief Financial Officer Patrick Winterlich. The event will be webcast via the Investor Relations webpage at www.Hexcel.com. The event can also be accessed by dialing +1 (646) 307-1963. The conference ID is 2360739. A replay of the call will be available on the investor relations page of the Hexcel website approximately two hours
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. About Hexcel Hexcel Corporation is a global leader in advanced lightweight composites technology. We propel the future of flight, energy generation, transportation, and recreation through excellence in providing innovative high-performance material solutions that are lighter, stronger and tougher, helping to create a better world for us all. Our broad and unrivaled product range includes carbon fiber, specialty
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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 November 1, 2024, with a payment date of November 8, 2024. ***** About Hexcel Hexcel Corporation is a global leader in advanced lightweight composites technology. We propel the future of flight, energy generation, transportation, and recreation through excellence in providing innovative high-performance material solutions that are lighter, stronger and tougher, helping to create a better world for us all. Our broad and unrivaled product range includes carbon fiber, speci
Hexcel Corporation (NYSE:HXL): Q3 2024 Sales were $457 million, an increase of 8.8% over Q3 2023 sales of $420 million (8.3% increase in constant currency). Q3 2024 GAAP diluted EPS of $0.49 compared to Q3 2023 GAAP diluted EPS of $0.45. Q3 2024 adjusted diluted EPS of $0.47, compared to Q3 2023 adjusted diluted EPS of $0.38. Full year 2024 results expected to be at the lower end of guidance ranges and to benefit from lower tax rates. See Table C for reconciliation of GAAP and non-GAAP operating income, net income, earnings per share and operating cash flow to free cash flow. Free cash flow is cash from operations less capital expenditures. Summary of Results from Operatio
Hexcel Corporation (NYSE:HXL) announced today that it will report financial results for its third quarter of 2024 on Monday, October 21 after the market close. The company will host a webcast and conference call to discuss highlights of its financial results on Tuesday, October 22 at 10 a.m. ET. The call will be hosted by CEO and President Tom Gentile and Chief Financial Officer Patrick Winterlich. The event will be webcast via the Investor Relations webpage at www.Hexcel.com. The event can also be accessed by dialing +1 (646) 307-1963. The conference ID is 2360739. A replay of the call will be available on the investor relations page of the Hexcel website approximately two hours after th
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 August 2, 2024, with a payment date of August 9, 2024. About Hexcel Hexcel Corporation is a global leader in advanced lightweight composites technology. We propel the future of flight, energy generation, transportation, and recreation through excellence in providing innovative high-performance material solutions that are lighter, stronger and tougher, helping to create a better world for us all. Our broad and unrivaled product range includes carbon fiber, specialty reinfo
Hexcel Corporation (NYSE:HXL): Q2 2024 GAAP diluted EPS of $0.60 compared to Q2 2023 GAAP diluted EPS of $0.50. Q2 2024 adjusted diluted EPS of $0.60, compared to Q2 2023 adjusted diluted EPS of $0.50. Q2 2024 Sales were $500 million, an increase of 10.1% over Q2 2023 sales of $454 million (10.5% increase in constant currency). Full year 2024 guidance revised. See Table C for reconciliation of GAAP and non-GAAP operating income, net income, earnings per share and operating cash flow to free cash flow. Free cash flow is cash from operations less capital expenditures. Summary of Results from Operations
Hexcel Corporation (NYSE:HXL) announced today that it will report financial results for its second quarter of 2024 on Thursday, July 18 before the stock market opens. Company management will then host a webcast and conference call to discuss highlights of its financial results at 10 a.m. ET. The call will be hosted by CEO and President Tom Gentile and Chief Financial Officer Patrick Winterlich. The event will be webcast via the Investor Relations webpage at www.Hexcel.com. The event can also be accessed by dialing +1 (646) 307-1963. The conference ID is 2360739. A replay of the call will be available on the investor relations page of the Hexcel website approximately two hours after the co
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 May 3, 2024, with a payment date of May 10, 2024. About Hexcel Hexcel Corporation is a global leader in advanced lightweight composites technology. We propel the future of flight, energy generation, transportation, and recreation through excellence in providing innovative high-performance material solutions that are lighter, stronger and tougher, helping to create a better world for us all. Our broad and unrivaled product range includes carbon fiber, specialty reinforce
Hexcel Corporation (NYSE:HXL): Q1 2024 GAAP diluted EPS of $0.43 compared to Q1 2023 GAAP diluted EPS of $0.50. Q1 2024 adjusted diluted EPS of $0.44, compared to Q1 2023 adjusted diluted EPS of $0.50. Q1 2024 Sales were $472 million, an increase of 3.2% over Q1 2023 sales of $458 million (3.1% increase in constant currency). Returned $113 million in Q1 2024 to stockholders via share repurchases and dividends. Full year 2024 guidance is reaffirmed. See Table C for reconciliation of GAAP and non-GAAP operating income, net income, earnings per share and operating cash flow to free cash flow. Free cash flow is cash from operations less capital expenditures. Summary
Hexcel Corporation (NYSE:HXL) announced today that it will report financial results for its first quarter of 2024 on Monday, April 22 after the market close. The company will host a webcast and conference call to discuss highlights of its financial results on Tuesday, April 23 at 10 a.m. ET. The call will be hosted by Chairman, CEO and President Nick Stanage and Chief Financial Officer Patrick Winterlich. The event will be webcast via the Investor Relations webpage at www.Hexcel.com. The event can also be accessed by dialing +1 (646) 307-1963. The conference ID is 2360739. A replay of the call will be available on the investor relations page of the Hexcel website approximately two hours
Hexcel Corporation (NYSE:HXL), a global leader in advanced lightweight composites technology, announced today its longer-term financial outlook during the Company's Investor Day held in New York City. Chairman, CEO and President Nick Stanage said: "Hexcel is benefitting from both cyclical growth as aircraft production rates increase to support strong demand, and from secular growth reflecting our advanced composite technology value proposition as lightweighting supports fuel efficiency and emissions reduction. We are forecasting strong sales growth over the next three years, and we expect robust earnings expansion as we leverage our global manufacturing footprint. We are entering a period