Hexcel Corp. (HXL) Shares Rise Despite Market Challenges

Hexcel Corp. (NYSE: HXL)’s stock price has plunge by 1.95relation to previous closing price of 63.60. Nevertheless, the company has seen a 6.80% surge in its stock price over the last five trading sessions. zacks.com reported 2024-10-22 that HXL’s third-quarter earnings beat estimates while revenues grow year over year.

Is It Worth Investing in Hexcel Corp. (NYSE: HXL) Right Now?

Hexcel Corp. (NYSE: HXL) has a price-to-earnings ratio of 49.66x that is above its average ratio. Additionally, the 36-month beta value for HXL is 1.29. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 1 rating it as “overweight,” 9 rating it as “hold,” and 0 rating it as “sell.”

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The public float for HXL is 81.13M and currently, short sellers hold a 1.60% ratio of that float. The average trading volume of HXL on October 22, 2024 was 696.36K shares.

HXL’s Market Performance

HXL’s stock has seen a 6.80% increase for the week, with a 4.21% rise in the past month and a 5.45% gain in the past quarter. The volatility ratio for the week is 1.80%, and the volatility levels for the past 30 days are at 2.05% for Hexcel Corp. The simple moving average for the past 20 days is 5.95% for HXL’s stock, with a -2.69% simple moving average for the past 200 days.

Analysts’ Opinion of HXL

Many brokerage firms have already submitted their reports for HXL stocks, with Vertical Research repeating the rating for HXL by listing it as a “Hold.” The predicted price for HXL in the upcoming period, according to Vertical Research is $65 based on the research report published on October 10, 2024 of the current year 2024.

RBC Capital Mkts, on the other hand, stated in their research note that they expect to see HXL reach a price target of $68, previously predicting the price at $76. The rating they have provided for HXL stocks is “Sector Perform” according to the report published on August 14th, 2024.

Wells Fargo gave a rating of “Overweight” to HXL, setting the target price at $95 in the report published on May 08th of the current year.

HXL Trading at 5.23% 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 -15.89% of loss for the given period.

Volatility was left at 2.05%, however, over the last 30 days, the volatility rate increased by 1.80%, as shares surge +5.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.79% upper at present.

During the last 5 trading sessions, HXL rose by +6.76%, which changed the moving average for the period of 200-days by -9.31% in comparison to the 20-day moving average, which settled at $61.20. In addition, Hexcel Corp. saw -12.08% 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 Merlot Thierry, who sale 9,611 shares at the price of $63.19 back on Aug 30 ’24. After this action, Merlot Thierry now owns 46,371 shares of Hexcel Corp., valued at $607,319 using the latest closing price.

Lehman Gail E sale 4,800 shares at $63.28 during a trade that took place back on Aug 28 ’24, which means that Lehman Gail E is holding 12,547 shares at $303,744 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
  • 0.24 for the gross margin

The net margin for Hexcel Corp. stands at 0.06. The total capital return value is set at 0.09. Equity return is now at value 6.68, with 3.79 for asset returns.

Based on Hexcel Corp. (HXL), the company’s capital structure generated 0.34 points at debt to capital in total, while cash flow to debt ratio is standing at 0.36. The debt to equity ratio resting at 0.51. The interest coverage ratio of the stock is 7.38.

Currently, EBITDA for the company is 268.5 million with net debt to EBITDA at 2.84. When we switch over and look at the enterprise to sales, we see a ratio of 3.2. The receivables turnover for the company is 7.29for trailing twelve months and the total asset turnover is 0.66. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.76.

Conclusion

In conclusion, Hexcel Corp. (HXL) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. 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.

Most Popular

Related Posts