Analysts See $0.69 EPS for Hexcel Corporation (HXL)

September 17, 2017 - By Marguerite Chambers

 Analysts See $0.69 EPS for Hexcel Corporation (HXL)
Investors sentiment increased to 1.04 in Q4 2016. Its up 0.10, from 0.94 in 2016Q3. It is positive, as 23 investors sold Hexcel Corporation shares while 107 reduced holdings. 49 funds opened positions while 86 raised stakes. 85.79 million shares or 0.30% less from 86.04 million shares in 2016Q3 were reported.
The New York-based Engineers Gate Manager Limited Partnership has invested 0.12% in Hexcel Corporation (NYSE:HXL). Moreover, North Star Inv has 0% invested in Hexcel Corporation (NYSE:HXL) for 86 shares. Susquehanna Int Llp reported 37,042 shares. Rhumbline Advisers reported 0.01% of its portfolio in Hexcel Corporation (NYSE:HXL). Capstone Asset Company has 0.01% invested in Hexcel Corporation (NYSE:HXL). Solaris Asset Ltd Limited Liability Company holds 1,325 shares or 0.04% of its portfolio. 125,425 were accumulated by Greystone Managed Invests. 119,729 were reported by Parametric Port Ltd. Bnp Paribas Arbitrage reported 1,479 shares. 220 are held by Howe And Rusling. 23,500 are owned by Midas Mgmt Corporation. Farmers Merchants has 557 shares for 0% of their portfolio. Ledyard Comml Bank has invested 0% in Hexcel Corporation (NYSE:HXL). Whittier Trust accumulated 350 shares or 0% of the stock. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 35,901 shares.

Analysts await Hexcel Corporation (NYSE:HXL) to report earnings on October, 18. They expect $0.69 EPS, up 6.15 % or $0.04 from last year’s $0.65 per share. HXL’s profit will be $61.94 million for 19.90 P/E if the $0.69 EPS becomes a reality. After $0.67 actual EPS reported by Hexcel Corporation for the previous quarter, Wall Street now forecasts 2.99 % EPS growth. The stock increased 1.03% or $0.56 on September 15, reaching $54.92. About 653,699 shares traded or 58.35% up from the average. Hexcel Corporation (NYSE:HXL) has risen 15.53% since September 17, 2016 and is uptrending. It has underperformed by 1.17% the S&P500.

Hexcel Corporation (NYSE:HXL) Ratings Coverage

Among 12 analysts covering Hexcel (NYSE:HXL), 7 have Buy rating, 0 Sell and 5 Hold. Therefore 58% are positive. Hexcel had 27 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Goldman Sachs on Monday, January 4. Canaccord Genuity maintained it with “Hold” rating and $5400 target in Thursday, June 8 report. The rating was maintained by Deutsche Bank with “Buy” on Tuesday, August 4. The stock has “Buy” rating by KeyBanc Capital Markets on Friday, September 1. Cowen & Co maintained Hexcel Corporation (NYSE:HXL) rating on Tuesday, September 12. Cowen & Co has “Buy” rating and $57.0 target. The firm has “Buy” rating by Bank of America given on Monday, February 6. The rating was maintained by RBC Capital Markets on Wednesday, October 21 with “Outperform”. The stock of Hexcel Corporation (NYSE:HXL) has “Outperform” rating given on Friday, September 25 by RBC Capital Markets. Jefferies maintained Hexcel Corporation (NYSE:HXL) rating on Tuesday, July 25. Jefferies has “Hold” rating and $5000 target. The rating was downgraded by Bank of America on Friday, July 29 to “Neutral”.

Hexcel Corporation is a composites company. The company has market cap of $4.93 billion. The Firm develops, makes, 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. It has a 20.12 P/E ratio. It operates in two divisions: Composite Materials and Engineered Products.

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