Hexcel (NYSE:HXL) Stock, Quote.Headers.trade-ideas

Hexcel

Founded in 1948, Hexcel designs and manufactures a range of highly engineered composite fibers, fabrics, resins, and structures for use in commercial aerospace, defense, and other industrial markets. These are lighter than metal and perform under rigorous conditions in aircraft frames, wings, engines, and other components and subassemblies. The company's name derives from the six-sided honeycomb structures that lend many of its products their light weight and rigidity. Hexcel's biggest customers are Airbus (38% of 2022 sales) and Boeing (25% of prepandemic sales) and its respective subcontractors.

News

Penny Stocks

Small Cap

Intraday Update

Markets

Movers

Trading Ideas

ACOR

ADIL

ASTI

BNRG

BPTS

BSGM

CISS

DCGO

DECK

DOGZ

DXYZ

EZGO

GRRR

ICCT

IFBD

IMRN

JAGX

KITT

MGAM

MRIN

MRNO

NEOV

NOVA

NUTX

OPEN

PRFX

RETO

RVMD

TSLA

VERB

VIAO

VINO

Shares of  Ascent Solar Technologies, Inc. (NASDAQ: ASTI) fell sharply during Wednesday’s session after the company announced pricing of a $6 million public offering of shares at $0.14 per share.

Why Ascent Solar Technologies Shares Are Trading Lower By Around 50%? Here Are Other Stocks Moving In Wednesday&#39;s Mid-Day Session

Wall Street sign

Equities

Large Cap

Macro Economic Events

Sector ETFs

Bonds

Broad U.S. Equity ETFs

Currency ETFs

Econ #s

Economics

Federal Reserve

ETFs

$BTC

SPDR Dow Jones Industrial Average ETF Trust

FFIC

SBAC

SFBS

iShares Trust Barclays 20+ Year Treasury Bond Fund

PowerShares DB US Dollar Index Bullish Fund

XLRE

An inflation surprise greeted investors on Wednesday, sparking significant apprehension about the future of interest rates.

Stocks Sink On Worrisome Inflation Data, Yields Spike On Rate Cut Delays, Dollar Rallies: What&#39;s Driving Markets Wednesday?

Price Target

Pre-Market Outlook

Analyst Ratings

FFIV

FIVE

SPOT

STEL

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Meta To Rally Around 16%? Here Are 10 Top Analyst Forecasts For Tuesday

Hexcel Corp

HeliosX Lithium & Technologies Corp

RBC Capital analyst Ken Herbert downgrades Hexcel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HXL#NYSE">HXL</a>) from Outperform to Sector Perform and lowers the price target from $76 to $68.

Downgrades

RBC Capital Downgrades Hexcel to Sector Perform, Lowers Price Target to $68

Morgan Stanley analyst Kristine Liwag maintains Hexcel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HXL#NYSE">HXL</a>) with a Underweight and lowers the price target from $63 to $61.

Morgan Stanley Maintains Underweight on Hexcel, Lowers Price Target to $61

Truist Securities analyst Michael Ciarmoli maintains Hexcel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HXL#NYSE">HXL</a>) with a Buy and lowers the price target from $81 to $78.

Truist Securities Maintains Buy on Hexcel, Lowers Price Target to $78

BMO Capital analyst John McNulty maintains Hexcel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HXL#NYSE">HXL</a>) with a Market Perform and lowers the price target from $73 to $71.

BMO Capital Maintains Market Perform on Hexcel, Lowers Price Target to $71

WIIM

Hexcel shares are trading lower after the company missed Q2 revenue estimates and lowered its FY24 outlook.

Guidance

Hexcel Revised FY24 Outlook: Adj. EPS $2.02-$2.18 (From $2.10-$2.30) Vs. $2.21 Est., Revenue $1.90B-$1.98B (From $1.925B-$2.025B) Vs $1.955B Est.

Hexcel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HXL#NYSE">HXL</a>) reported quarterly earnings of $0.60 per share which beat the analyst consensus estimate of $0.56 by 7.14 percent. The company reported quarterly sales of $500.400 which missed the analyst consensus estimate of $483.362 million by 100.00 percent. This is a 100.00 percent decrease over sales of $454.300 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

Hexcel Q2 2024 Adj EPS $0.60 Beats $0.56 Estimate, Sales $500.400 Miss $483.362M Estimate

Truist Securities analyst Michael Ciarmoli maintains Hexcel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HXL#NYSE">HXL</a>) with a Buy and lowers the price target from $88 to $81.

Truist Securities Maintains Buy on Hexcel, Lowers Price Target to $81

Stifel analyst Bert Subin maintains Hexcel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HXL#NYSE">HXL</a>) with a Buy and lowers the price target from $86 to $84.

Stifel Maintains Buy on Hexcel, Lowers Price Target to $84

UBS analyst Gavin Parsons maintains Hexcel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HXL#NYSE">HXL</a>) with a Neutral and lowers the price target from $73 to $71.

UBS Maintains Neutral on Hexcel, Lowers Price Target to $71

Deutsche Bank analyst Scott Deuschle maintains Hexcel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HXL#NYSE">HXL</a>) with a Hold and lowers the price target from $70 to $68.

Deutsche Bank Maintains Hold on Hexcel, Lowers Price Target to $68

RBC Capital analyst Ken Herbert reiterates Hexcel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HXL#NYSE">HXL</a>) with a Outperform and maintains $76 price target.

Reiteration

RBC Capital Reiterates Outperform on Hexcel, Maintains $76 Price Target

Wells Fargo analyst Matthew Akers upgrades Hexcel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HXL#NYSE">HXL</a>) from Equal-Weight to Overweight and raises the price target from $81 to $95.

Upgrades

Wells Fargo Upgrades Hexcel to Overweight, Raises Price Target to $95

Deutsche Bank analyst Scott Deuschle maintains Hexcel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HXL#NYSE">HXL</a>) with a Hold and lowers the price target from $71 to $70.

Deutsche Bank Maintains Hold on Hexcel, Lowers Price Target to $70

UBS analyst Gavin Parsons maintains Hexcel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HXL#NYSE">HXL</a>) with a Neutral and lowers the price target from $77 to $73.

UBS Maintains Neutral on Hexcel, Lowers Price Target to $73

Truist Securities analyst Michael Ciarmoli maintains Hexcel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HXL#NYSE">HXL</a>) with a Buy and lowers the price target from $90 to $88.

Truist Securities Maintains Buy on Hexcel, Lowers Price Target to $88

<h3>Gainers</h3>
<ul>
<li>Wheels Up Experience (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UP#NYSE">UP</a>) stock moved upwards by 5.2% to $2.44 during Monday's after-market session. The market value of their outstanding shares is at $1.7 billion. </li>
<li>Intelligent Living (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ILAG#NASDAQ">ILAG</a>) stock increased by 4.91% to $0.49. The company's market cap stands at $8.9 million. </li>
<li>noco-noco (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCNC#NASDAQ">NCNC</a>) stock moved upwards by 4.26% to $0.24. The company's market cap stands at $32.4 million. </li>
<li>Graphex Gr (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/GRFX#AMEX">GRFX</a>) stock rose 3.71% to $0.22. The market value of their outstanding shares is at $9.9 million. </li>
<li>Ideanomics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDEX#NASDAQ">IDEX</a>) shares rose 3.25% to $0.86. The company's market cap stands at $10.2 million. </li>
<li>Hexcel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HXL#NYSE">HXL</a>) stock rose 2.99% to $64.39. The company's market cap stands at $5.3 billion. The company's, Q1 earnings came out today. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>WANG &amp; LEE Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WLGS#NASDAQ">WLGS</a>) shares declined by 7.2% to $0.6 during Monday's after-market session. The market value of their outstanding shares is at $9.0 million. </li>
<li>LanzaTech Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LNZA#NASDAQ">LNZA</a>) shares decreased by 4.75% to $2.61. The market value of their outstanding shares is at $516.0 million. </li>
<li>FiscalNote Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOTE#NYSE">NOTE</a>) shares fell 4.28% to $1.12. The market value of their outstanding shares is at $150.3 million. </li>
<li>Expion360 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XPON#NASDAQ">XPON</a>) stock decreased by 4.13% to $2.21. The market value of their outstanding shares is at $15.5 million. </li>
<li>JanOne (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JAN#NASDAQ">JAN</a>) shares declined by 3.01% to $4.2. The market value of their outstanding shares is at $36.0 million. </li>
<li>Exela Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XELA#NASDAQ">XELA</a>) shares declined by 2.99% to $1.95. The company's market cap stands at $12.4 million. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

GRFX

IDEX

ILAG

LNZA

NCNC

NOTE

WLGS

XELA

XPON

12 Industrials Stocks Moving In Monday's After-Market Session

2024 Guidance (unchanged)
<ol>
<li>Sales of $1.925 billion to $2.025 billion</li>
<li>Adjusted diluted earnings per share of $2.10 to $2.30</li>
<li>Free cash flow of greater than $200 million</li>
<li>Capital expenditures less than $100 million</li>
<li>Effective tax rate of 22.0%</li>
</ol>
Market-Specific Sales Outlook (unchanged)
<ul>
<li>Commercial Aerospace: Up mid-teens</li>
<li>Space &amp; Defense: Up mid-single digits</li>
<li>Industrial: Up low to mid-single digits</li>
</ul>
 &nbsp;

Hexcel Reiterates FY24 EPS Of $2.10-$2.30 Vs $2.22 Est.; Revenue $1.925B-$2.025B Vs $1.98B Est.

Hexcel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HXL#NYSE">HXL</a>) reported quarterly earnings of $0.43 per share which beat the analyst consensus estimate of $0.41 by 4.88 percent. This is a 14 percent decrease over earnings of $0.50 per share from the same period last year. The company reported quarterly sales of $472.30 million which missed the analyst consensus estimate of $473.78 million by 0.31 percent. This is a 3.19 percent increase over sales of $457.70 million the same period last year.

Hexcel Q1 EPS $0.43 Beats $0.41 Estimate, Sales $472.30M Miss $473.78M Estimate

<h3>Companies Reporting Before The Bell</h3>
&bull; MainStreet Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNSB#NASDAQ">MNSB</a>) is projected to report quarterly earnings at $0.52 per share on revenue of $17.10 million.
&bull; Dynex Cap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DX#NYSE">DX</a>) is likely to report quarterly loss at $0.09 per share on revenue of $-570 thousand.
&bull; Zions Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZION#NASDAQ">ZION</a>) is projected to report quarterly earnings at $0.98 per share on revenue of $743.48 million.
&bull; Verizon Communications (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) is likely to report quarterly earnings at $1.12 per share on revenue of $33.24 billion.
&bull; HBT Finl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HBT#NASDAQ">HBT</a>) is projected to report quarterly earnings at $0.55 per share on revenue of $56.63 million.
&bull; AZZ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZZ#NYSE">AZZ</a>) is projected to report quarterly earnings at $0.70 per share on revenue of $351.67 million.
&bull; Truist Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TFC#NYSE">TFC</a>) is estimated to report quarterly earnings at $0.80 per share on revenue of $5.70 billion.
&bull; Sify Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIFY#NASDAQ">SIFY</a>) is estimated to report quarterly earnings at $0.00 per share on revenue of $149.30 million.
&bull; Washington Trust Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WASH#NASDAQ">WASH</a>) is likely to report quarterly earnings at $0.45 per share on revenue of $31.50 million.
&bull; Bank of Hawaii (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BOH#NYSE">BOH</a>) is estimated to report quarterly earnings at $0.87 per share on revenue of $160.21 million.
&bull; Kaspi.kz (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KSPI#NASDAQ">KSPI</a>) is estimated to report earnings for its first quarter.
&bull; Albertsons Companies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACI#NYSE">ACI</a>) is expected to report quarterly earnings at $0.52 per share on revenue of $18.47 billion.
<h3>Companies Reporting After The Bell</h3>
&bull; Globe Life (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GL#NYSE">GL</a>) is expected to report quarterly earnings at $2.79 per share on revenue of $1.42 billion.
&bull; NBT Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NBTB#NASDAQ">NBTB</a>) is likely to report quarterly earnings at $0.68 per share on revenue of $135.32 million.
&bull; Simpson Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSD#NYSE">SSD</a>) is expected to report quarterly earnings at $1.92 per share on revenue of $549.85 million.
&bull; Crane (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CR#NYSE">CR</a>) is projected to report quarterly earnings at $1.12 per share on revenue of $546.38 million.
&bull; Hexcel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HXL#NYSE">HXL</a>) is likely to report quarterly earnings at $0.41 per share on revenue of $473.78 million.
&bull; RLI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RLI#NYSE">RLI</a>) is expected to report quarterly earnings at $1.60 per share on revenue of $367.78 million.
&bull; Alexandria Real Estate (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARE#NYSE">ARE</a>) is likely to report quarterly earnings at $2.32 per share on revenue of $772.57 million.
&bull; Ameriprise Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMP#NYSE">AMP</a>) is expected to report quarterly earnings at $8.20 per share on revenue of $4.12 billion.
&bull; Cleveland-Cliffs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>) is projected to report quarterly earnings at $0.22 per share on revenue of $5.35 billion.
&bull; SAP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAP#NYSE">SAP</a>) is expected to report quarterly earnings at $1.11 per share on revenue of $8.56 billion.
&bull; AGNC Investment (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGNC#NASDAQ">AGNC</a>) is expected to report quarterly earnings at $0.57 per share on revenue of $473.78 million.
&bull; Servisfirst Bancshares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SFBS#NYSE">SFBS</a>) is expected to report quarterly earnings at $0.88 per share on revenue of $109.10 million.
&bull; HealthStream (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HSTM#NASDAQ">HSTM</a>) is likely to report quarterly earnings at $0.11 per share on revenue of $72.02 million.
&bull; Lufax Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LU#NYSE">LU</a>) is estimated to report quarterly earnings at $0.12 per share on revenue of $1.02 billion.
&bull; Equity Lifestyle Props (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELS#NYSE">ELS</a>) is expected to report quarterly earnings at $0.49 per share on revenue of $387.14 million.
&bull; SmartFinancial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMBK#NYSE">SMBK</a>) is expected to report quarterly earnings at $0.41 per share on revenue of $39.14 million.
&bull; Trustco Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRST#NASDAQ">TRST</a>) is expected to report quarterly earnings at $0.60 per share on revenue of $43.13 million.
&bull; Independent Bank Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBTX#NASDAQ">IBTX</a>) is expected to report quarterly earnings at $0.59 per share on revenue of $121.39 million.
&bull; Medpace Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MEDP#NASDAQ">MEDP</a>) is likely to report quarterly earnings at $2.46 per share on revenue of $512.58 million.
&bull; Cathay General (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CATY#NASDAQ">CATY</a>) is likely to report quarterly earnings at $0.98 per share on revenue of $187.46 million.
&bull; Cadence Design Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDNS#NASDAQ">CDNS</a>) is likely to report quarterly earnings at $1.13 per share on revenue of $1.00 billion.
&bull; Brown &amp; Brown (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRO#NYSE">BRO</a>) is estimated to report quarterly earnings at $1.06 per share on revenue of $1.22 billion.
&bull; Pinnacle Finl Partners (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PNFP#NASDAQ">PNFP</a>) is likely to report quarterly earnings at $1.56 per share on revenue of $423.19 million.
&bull; Cadence Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CADE#NYSE">CADE</a>) is expected to report quarterly earnings at $0.55 per share on revenue of $427.01 million.
&bull; SPDR ICE Preferred Securities ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSK#NYSE">PSK</a>) is estimated to report quarterly earnings at $0.18 per share on revenue of $129.00 million.
&bull; Enterprise Finl Servs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EFSC#NASDAQ">EFSC</a>) is expected to report quarterly earnings at $1.11 per share on revenue of $157.33 million.
&bull; RBB Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RBB#NASDAQ">RBB</a>) is likely to report quarterly earnings at $0.34 per share on revenue of $27.65 million.
&bull; Calix (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CALX#NYSE">CALX</a>) is likely to report quarterly earnings at $0.20 per share on revenue of $228.14 million.
&bull; First Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRBA#NASDAQ">FRBA</a>) is estimated to report quarterly earnings at $0.42 per share on revenue of $31.41 million.
&bull; Packaging Corp of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PKG#NYSE">PKG</a>) is likely to report quarterly earnings at $1.62 per share on revenue of $1.90 billion.
&bull; Nucor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) is likely to report quarterly earnings at $3.85 per share on revenue of $8.51 billion.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

AGNC

CADE

CALX

CATY

CDNS

EFSC

FRBA

HSTM

IBTX

KSPI

MEDP

MNSB

NBTB

PNFP

SIFY

SMBK

TRST

WASH

ZION

Earnings Scheduled For April 22, 2024

RBC Capital analyst Kenneth Herbert downgraded Hexcel (HXL – Research Report) to a Hold today and set a price target of $68.00. The company's share...

Hexcel (HXL) was downgraded to a Hold Rating at RBC Capital

Hexcel, L3Harris cut at RBC Capital as ramp in aircraft deliveries seen slowing

Corvex Management Q2 moves include exiting Air Products, TKO after just one quarter

Hexcel: Long-Term Growth Optimism Tempered By Valuation

Industrial and financial stocks with the largest net increases in hedge fund popularity - GS

Hexcel: A Secular And Cyclical Growth Opportunity

Seaport Global analyst Richard Safran maintained a Hold rating on Hexcel (HXL – Research Report) today. The company's shares closed yesterday at $6...

Hexcel (HXL) Gets a Hold from Seaport Global

In a report released today, Matthew Akers from Wells Fargo maintained a Buy rating on Hexcel (HXL – Research Report), with a price target of $89.00...

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Comments

Hexcel

Hexcel (HXL) Forecast

Hexcel (NYSE:HXL) Stock, Quote.Headers.trade-ideas