In a report released today, Philip Gibbs from KeyBanc maintained a Hold rating on Hexcel (HXL – Research Report). The company’s shares closed yesterday at $63.57.
According to TipRanks, Gibbs is a 5-star analyst with an average return of 19.8% and a 64.98% success rate. Gibbs covers the Basic Materials sector, focusing on stocks such as Universal Stainless & Alloy Products, Materion, and Commercial Metals Company.
In addition to KeyBanc, Hexcel also received a Hold from Seaport Global’s Richard Safran in a report issued yesterday. However, on the same day, Stifel Nicolaus maintained a Buy rating on Hexcel (NYSE: HXL).
HXL market cap is currently $5.28B and has a P/E ratio of 51.42.
Based on the recent corporate insider activity of 29 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.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
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