Hexcel Corp. (NYSE: HXL) has experienced a rise in its stock price by 3.47 compared to its previous closing price of 62.52. However, the company has seen a gain of 4.68% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-23 that Hexcel’s (HXL) first-quarter revenues improve year over year but miss the Zacks Consensus Estimate by 0.6%. The company reiterates its 2024 outlook.
Is It Worth Investing in Hexcel Corp. (NYSE: HXL) Right Now?
The price-to-earnings ratio for Hexcel Corp. (NYSE: HXL) is above average at 52.49x, Company’s 36-month beta value is 1.26.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 1 as “overweight,” 9 as “hold,” and 0 as “sell.”
The public float for HXL is 82.56M, and currently, short sellers hold a 2.13% ratio of that floaft. The average trading volume of HXL on April 23, 2024 was 968.84K shares.
HXL’s Market Performance
HXL’s stock has seen a 4.68% increase for the week, with a -10.25% drop in the past month and a -10.16% fall in the past quarter. The volatility ratio for the week is 1.89%, and the volatility levels for the past 30 days are at 2.14% for Hexcel Corp. The simple moving average for the past 20 days is -4.13% for HXL’s stock, with a -7.30% simple moving average for the past 200 days.
Analysts’ Opinion of HXL
BofA Securities, on the other hand, stated in their research note that they expect to see HXL reach a price target of $65, previously predicting the price at $75. The rating they have provided for HXL stocks is “Underperform” according to the report published on April 10th, 2024.
Morgan Stanley gave a rating of “Underweight” to HXL, setting the target price at $66 in the report published on February 22nd of the current year.
HXL Trading at -9.08% from the 50-Day Moving Average
After a stumble in the market that brought HXL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.20% of loss for the given period.
Volatility was left at 2.14%, however, over the last 30 days, the volatility rate increased by 1.89%, as shares sank -11.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.47% lower at present.
During the last 5 trading sessions, HXL rose by +4.42%, which changed the moving average for the period of 200-days by -16.00% in comparison to the 20-day moving average, which settled at $67.06. In addition, Hexcel Corp. saw -12.28% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HXL starting from Fitzsimons Gina, who sale 864 shares at the price of $72.10 back on Feb 14 ’24. After this action, Fitzsimons Gina now owns 3,375 shares of Hexcel Corp., valued at $62,294 using the latest closing price.
Merlot Thierry sale 4,500 shares at $71.63 during a trade that took place back on Feb 09 ’24, which means that Merlot Thierry is holding 50,371 shares at $322,335 based on the most recent closing price.
Stock Fundamentals for HXL
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.23 for the gross margin
The net margin for Hexcel Corp. stands at 0.06. The total capital return value is set at 0.08. Equity return is now at value 6.46, with 3.67 for asset returns.
Based on Hexcel Corp. (HXL), the company’s capital structure generated 0.3 points at debt to capital in total, while cash flow to debt ratio is standing at 0.38. The debt to equity ratio resting at 0.44. The interest coverage ratio of the stock is 6.6.
Currently, EBITDA for the company is 268.5 million with net debt to EBITDA at 2.76. When we switch over and look at the enterprise to sales, we see a ratio of 3.31. The receivables turnover for the company is 6.66for trailing twelve months and the total asset turnover is 0.64. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.74.
Conclusion
In a nutshell, Hexcel Corp. (HXL) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
