Canaccord Genuity analyst Kenneth Herbert maintained a Hold rating on Hexcel (NYSE:HXL) Corp. on Monday, setting a price target of $48, which is approximately 2.00% above the present share price of $47.06.
Herbert expects Hexcel Corp . to post earnings per share (EPS) of $0.12 for the first quarter of 2021.
The current consensus among 11 TipRanks analysts is for a Moderate Sell rating of shares in Hexcel, with an average price target of $45.5.
The analysts price targets range from a high of $57 to a low of $36.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $286.9 million and a net profit of -$37.6 million. The company's market cap is $3.93 billion.
According to TipRanks.com, Canaccord Genuity analyst Kenneth Herbert is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 30.0% and a 74.77% success rate.
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.