Stifel Nicolaus Remains a Buy on Hexcel (HXL)

In a report released today, Bert Subin from Stifel Nicolaus maintained a Buy rating on Hexcel (HXL – Research Report), with a price target of $90.00. The company’s shares closed yesterday at $71.15.

According to TipRanks, Subin is a 4-star analyst with an average return of 4.9% and a 53.66% success rate. Subin covers the Industrials sector, focusing on stocks such as Boeing, KBR, and Hexcel.

The word on The Street in general, suggests a Hold analyst consensus rating for Hexcel with a $75.91 average price target.

Based on Hexcel’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $457.5 million and a GAAP net loss of $18.2 million. In comparison, last year the company earned a revenue of $429.4 million and had a net profit of $37 million

Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HXL in relation to earlier this year.

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Hexcel (HXL) Company Description:

Hexcel Corp. engages in the development, manufacture, and market of advanced composite materials for the commercial aerospace, space and defense, and industrial markets. It operates through the following segments: Composite Materials; Engineered Products; and Corporate and Other. The Composite Materials segment comprises of carbon fiber, specialty reinforcements, resins, prepregs and other fiber-reinforced matrix materials, and honeycomb core product lines and pultruded profiles. The Engineered Products segment consists of lightweight high strength composite structures, engineered core and honeycomb products with added functionality, and additive manufacturing. The company was founded by Roger C. Steele and Roscoe T. Hughes in 1946 and is headquartered in Stamford, CT.