$0.69 EPS Expected for Hexcel Corporation (HXL)

September 17, 2017 - By Peter Erickson

 $0.69 EPS Expected for Hexcel Corporation (HXL)
Investors sentiment increased to 1.04 in Q4 2016. Its up 0.10, from 0.94 in 2016Q3. It increased, 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.
Tygh Cap Mngmt holds 80,420 shares. Daiwa Securities Group Inc Inc has 800 shares. Franklin accumulated 0.02% or 912,274 shares. Kelly Lawrence W And Assocs Ca holds 3.38% of its portfolio in Hexcel Corporation (NYSE:HXL) for 296,640 shares. Cap Intl owns 2.11 million shares for 0.16% of their portfolio. Commonwealth Equity Serv reported 57,128 shares or 0.02% of all its holdings. 1.69M were accumulated by Commercial Bank Of America De. Voloridge Mgmt Ltd Liability Co invested in 72,559 shares. Broad Run Investment Limited Liability Corp holds 6.07% or 2.86 million shares in its portfolio. Wisconsin-based State Of Wisconsin Investment Board has invested 0.01% in Hexcel Corporation (NYSE:HXL). Cim reported 10,604 shares. Semper Augustus Group Incorporated Limited Liability Company reported 3.16% of its portfolio in Hexcel Corporation (NYSE:HXL). 2,500 are held by Markston Lc. Northern Tru Corporation has invested 0.01% in Hexcel Corporation (NYSE:HXL). Bryn Mawr Company stated it has 0.32% of its portfolio in Hexcel Corporation (NYSE:HXL).

Analysts await Hexcel Corporation (NYSE:HXL) to report earnings on October, 18. They expect $0.69 earnings per share, 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 earnings per share 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 rating was downgraded by Goldman Sachs on Monday, January 4 to “Neutral”. The stock of Hexcel Corporation (NYSE:HXL) earned “Hold” rating by Vertical Research on Wednesday, July 26. The firm has “Hold” rating given on Monday, August 28 by Jefferies. Canaccord Genuity maintained Hexcel Corporation (NYSE:HXL) on Monday, January 25 with “Hold” rating. Cowen & Co maintained it with “Buy” rating and $5700 target in Monday, July 24 report. The stock of Hexcel Corporation (NYSE:HXL) has “Outperform” rating given on Monday, January 25 by RBC Capital Markets. The firm has “Buy” rating given on Wednesday, August 9 by Cowen & Co. The company was maintained on Thursday, June 8 by Canaccord Genuity. The company was maintained on Monday, December 5 by Deutsche Bank. Deutsche Bank maintained the stock with “Buy” rating in Tuesday, August 4 report.

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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