Hexcel Corporation (HXL) Earns Daily Coverage Optimism Rating of -0.39

News coverage about Hexcel Corporation (NYSE:HXL) has trended negative recently, according to AlphaOne Sentiment. The research firm, a service of Accern, scores the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Hexcel Corporation earned a daily sentiment score of -0.39 on AlphaOne’s scale. AlphaOne also assigned news stories about the aerospace company an impact score of 93 out of 100, indicating that recent news coverage is extremely likely to have an impact on the stock’s share price in the next few days.

These are some of the media headlines that may have impacted Alpha One’s scoring:

Insider Buying and Selling by Quarter for Hexcel Corporation (NYSE:HXL)

Hexcel Corporation (NYSE HXL) traded down 1.38% on Friday, reaching $51.49. 1,026,500 shares of the company’s stock were exchanged. The firm has a market cap of $4.68 billion, a PE ratio of 18.65 and a beta of 1.05. Hexcel Corporation has a 12 month low of $38.87 and a 12 month high of $55.91. The firm’s 50-day moving average is $50.91 and its 200-day moving average is $52.17.

Hexcel Corporation (NYSE:HXL) last issued its quarterly earnings results on Wednesday, April 19th. The aerospace company reported $0.60 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.63 by $0.03. The firm had revenue of $478.80 million during the quarter, compared to analyst estimates of $522.29 million. Hexcel Corporation had a return on equity of 19.45% and a net margin of 13.02%. The business’s revenue was down 3.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.59 earnings per share. On average, equities analysts forecast that Hexcel Corporation will post $2.69 earnings per share for the current year.

HXL has been the subject of a number of recent research reports. Cowen and Company reiterated a “buy” rating and issued a $57.00 price objective on shares of Hexcel Corporation in a report on Wednesday, April 19th. Aegis reiterated a “buy” rating on shares of Hexcel Corporation in a report on Wednesday, May 31st. Zacks Investment Research raised shares of Hexcel Corporation from a “sell” rating to a “hold” rating in a research report on Thursday, May 18th. Finally, Canaccord Genuity reissued a “hold” rating and set a $52.00 target price on shares of Hexcel Corporation in a research report on Friday, March 17th. Five analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $55.78.

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Hexcel Corporation Company Profile

Hexcel Corporation is a composites company. The Company develops, manufactures, 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.

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