Hexcel Corporation (HXL) Given Daily News Sentiment Rating of 0.16
News coverage about Hexcel Corporation (NYSE:HXL) has trended somewhat positive on Wednesday, Accern Sentiment reports. The research group ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hexcel Corporation earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave media headlines about the aerospace company an impact score of 45.2551016932357 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern Sentiment’s scoring:
- Canaccord Genuity Reiterates “Hold” Rating for Hexcel Corporation (HXL) (americanbankingnews.com)
- Hexcel Co. (HXL) Given Average Recommendation of “Hold” by Brokerages (americanbankingnews.com)
- Investor’s Watch List: WR Grace & Co., (NYSE: GRA), Black Knight, Inc., (NYSE: BKI), Booz Allen Hamilton Holding … – Stocks In The News (press release) (tradingnewsnow.com)
- Stocks struggle to hold gains as tax bill hits a snag (finance.yahoo.com)
- Insider Selling: Hexcel Corporation (HXL) Director Sells 6,948 Shares of Stock (americanbankingnews.com)
Shares of Hexcel Corporation (HXL) opened at $60.05 on Wednesday. Hexcel Corporation has a twelve month low of $47.73 and a twelve month high of $63.93. The company has a market capitalization of $5,411.98, a P/E ratio of 23.00, a P/E/G ratio of 2.84 and a beta of 1.10. The company has a quick ratio of 1.53, a current ratio of 2.74 and a debt-to-equity ratio of 0.58.
Hexcel Corporation (NYSE:HXL) last announced its earnings results on Wednesday, October 18th. The aerospace company reported $0.71 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.69 by $0.02. The business had revenue of $491.50 million for the quarter, compared to analysts’ expectations of $507.77 million. Hexcel Corporation had a return on equity of 18.40% and a net margin of 13.13%. The firm’s revenue was down 1.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.65 earnings per share. equities analysts predict that Hexcel Corporation will post 2.68 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 8th. Shareholders of record on Wednesday, November 1st were issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.83%. The ex-dividend date of this dividend was Tuesday, October 31st. Hexcel Corporation’s payout ratio is 18.05%.
HXL has been the topic of several research reports. KeyCorp restated a “buy” rating and set a $60.00 price target on shares of Hexcel Corporation in a report on Friday, September 1st. Jefferies Group LLC restated a “hold” rating and set a $50.00 price target on shares of Hexcel Corporation in a report on Friday, September 29th. Canaccord Genuity restated a “hold” rating and set a $54.00 price target on shares of Hexcel Corporation in a report on Friday, September 29th. Zacks Investment Research upgraded Hexcel Corporation from a “sell” rating to a “hold” rating in a report on Friday, September 1st. Finally, BidaskClub cut Hexcel Corporation from a “hold” rating to a “sell” rating in a report on Monday, July 31st. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $60.00.
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In other Hexcel Corporation news, insider Thierry Merlot sold 3,748 shares of the stock in a transaction that occurred on Tuesday, October 31st. The stock was sold at an average price of $61.19, for a total transaction of $229,340.12. Following the transaction, the insider now directly owns 13,691 shares in the company, valued at approximately $837,752.29. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Lynn Brubaker sold 6,948 shares of the stock in a transaction that occurred on Friday, November 3rd. The stock was sold at an average price of $61.67, for a total value of $428,483.16. Following the transaction, the director now owns 7,107 shares in the company, valued at $438,288.69. The disclosure for this sale can be found here. Insiders have sold a total of 13,304 shares of company stock worth $823,040 over the last 90 days. Company insiders own 2.10% of the company’s stock.
Hexcel Corporation Company Profile
Hexcel Corporation is a composites company. The Company develops, manufactures, and markets lightweight, structural materials, including carbon fibers, specialty reinforcements, prepregs and other fiber-reinforced matrix materials, honeycomb, adhesives, engineered honeycomb and structures, for use in Commercial Aerospace, Space and Defense and Industrial markets.
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