HexcelHXL
Market Cap: $4.85B
About: 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.
Employees: 5,590
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
129% more call options, than puts
Call options by funds: $46.4M | Put options by funds: $20.3M
50% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 3 (+1) [Q2]
21% more repeat investments, than reductions
Existing positions increased: 172 | Existing positions reduced: 142
0% more funds holding
Funds holding: 444 [Q1] → 444 (+0) [Q2]
0% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 72
7.45% less ownership
Funds ownership: 100.85% [Q1] → 93.39% (-7.45%) [Q2]
20% less capital invested
Capital invested by funds: $6.09B [Q1] → $4.85B (-$1.24B) [Q2]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
RBC Capital Ken Herbert 81% 1-year accuracy 50 / 62 met price target | 15%upside $68 | Sector Perform Downgraded | 14 Aug 2024 |
Morgan Stanley Kristine Liwag 89% 1-year accuracy 17 / 19 met price target | 3%upside $61 | Underweight Maintained | 22 Jul 2024 |
Truist Securities Michael Ciarmoli 64% 1-year accuracy 37 / 58 met price target | 31%upside $78 | Buy Maintained | 19 Jul 2024 |
BMO Capital John McNulty 63% 1-year accuracy 24 / 38 met price target | 20%upside $71 | Market Perform Maintained | 19 Jul 2024 |
Truist Securities Michael Ciarmoli 64% 1-year accuracy 37 / 58 met price target | 37%upside $81 | Buy Maintained | 17 Jul 2024 |