The stock of Hexcel Corp. (NYSE: HXL) has increased by 2.07 when compared to last closing price of 71.18. Despite this, the company has experienced a 9.59% gain in its stock price over the last five trading sessions. 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?
Hexcel Corp. (NYSE: HXL) has a price-to-earnings ratio that is above its average at 62.45x. The stock has a 36-month beta value of 1.32. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 1 as “overweight,” 9 as “hold,” and 0 as “sell.”
The public float for HXL is 82.51M, and at present, short sellers hold a 1.29% of that float. On May 09, 2024, the average trading volume of HXL was 1.02M shares.
HXL’s Market Performance
The stock of Hexcel Corp. (HXL) has seen a 9.59% increase in the past week, with a 2.11% rise in the past month, and a 3.15% gain in the past quarter. The volatility ratio for the week is 2.24%, and the volatility levels for the past 30 days are at 2.85% for HXL. The simple moving average for the last 20 days is 12.80% for HXL stock, with a simple moving average of 4.97% for the last 200 days.
Analysts’ Opinion of HXL
BofA Securities gave a rating of “Underperform” to HXL, setting the target price at $65 in the report published on April 10th of the current year.
HXL Trading at 4.33% 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 -8.13% of loss for the given period.
Volatility was left at 2.85%, however, over the last 30 days, the volatility rate increased by 2.24%, as shares surge +16.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.86% lower at present.
During the last 5 trading sessions, HXL rose by +9.59%, which changed the moving average for the period of 200-days by -2.74% in comparison to the 20-day moving average, which settled at $64.92. In addition, Hexcel Corp. saw -1.49% 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 Suever Catherine A, who purchase 400 shares at the price of $68.33 back on May 03 ’24. After this action, Suever Catherine A now owns 15,748 shares of Hexcel Corp., valued at $27,332 using the latest closing price.
Gentile Tom, the CEO and President of Hexcel Corp., purchase 15,000 shares at $66.25 during a trade that took place back on May 01 ’24, which means that Gentile Tom is holding 15,000 shares at $993,763 based on the most recent closing price.
Stock Fundamentals for HXL
Current profitability levels for the company are sitting at:
- 0.12 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 6.11, with 3.47 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 6.7.
Currently, EBITDA for the company is 268.5 million with net debt to EBITDA at 2.4. When we switch over and look at the enterprise to sales, we see a ratio of 3.7. The receivables turnover for the company is 5.97for 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
To sum up, Hexcel Corp. (HXL) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
