Intrinsic value of Hexcel - HXL

Previous Close

$61.89

  Intrinsic Value

$41.29

stock screener

  Rating & Target

sell

-33%

Previous close

$61.89

 
Intrinsic value

$41.29

 
Up/down potential

-33%

 
Rating

sell

We calculate the intrinsic value of HXL stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 0001), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 5.4

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
   2
   3
   4
   5
   6
   7
   8
   9
   10
   11
   12
   13
   14
   15
   16
   17
   18
   19
   20
   21
   22
   23
   24
   25
   26
   27
   28
   29
   30
   31

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  11.40
  10.76
  10.18
  9.67
  9.20
  8.78
  8.40
  8.06
  7.75
  7.48
  7.23
  7.01
  6.81
  6.63
  6.46
  6.32
  6.19
  6.07
  5.96
  5.86
  5.78
  5.70
  5.63
  5.57
  5.51
  5.46
  5.41
  5.37
  5.33
  5.30
Revenue, $m
  2,198
  2,435
  2,683
  2,942
  3,213
  3,495
  3,788
  4,094
  4,411
  4,741
  5,084
  5,440
  5,811
  6,196
  6,596
  7,013
  7,447
  7,899
  8,369
  8,860
  9,372
  9,906
  10,464
  11,047
  11,655
  12,292
  12,957
  13,653
  14,382
  15,144
Variable operating expenses, $m
  1,509
  1,669
  1,838
  2,014
  2,198
  2,389
  2,589
  2,796
  3,012
  3,236
  3,454
  3,696
  3,948
  4,210
  4,482
  4,765
  5,060
  5,367
  5,687
  6,020
  6,368
  6,731
  7,110
  7,506
  7,919
  8,352
  8,804
  9,277
  9,772
  10,290
Fixed operating expenses, $m
  279
  285
  291
  298
  304
  311
  318
  325
  332
  339
  347
  354
  362
  370
  378
  387
  395
  404
  413
  422
  431
  441
  450
  460
  470
  481
  491
  502
  513
  524
Total operating expenses, $m
  1,788
  1,954
  2,129
  2,312
  2,502
  2,700
  2,907
  3,121
  3,344
  3,575
  3,801
  4,050
  4,310
  4,580
  4,860
  5,152
  5,455
  5,771
  6,100
  6,442
  6,799
  7,172
  7,560
  7,966
  8,389
  8,833
  9,295
  9,779
  10,285
  10,814
Operating income, $m
  411
  480
  554
  630
  711
  794
  882
  972
  1,067
  1,165
  1,283
  1,389
  1,500
  1,616
  1,736
  1,861
  1,992
  2,128
  2,270
  2,418
  2,573
  2,735
  2,904
  3,081
  3,266
  3,459
  3,662
  3,874
  4,097
  4,330
EBITDA, $m
  538
  620
  706
  796
  890
  988
  1,091
  1,197
  1,308
  1,424
  1,544
  1,668
  1,798
  1,933
  2,074
  2,221
  2,374
  2,533
  2,699
  2,873
  3,054
  3,243
  3,441
  3,647
  3,863
  4,090
  4,327
  4,575
  4,834
  5,107
Interest expense (income), $m
  0
  44
  52
  60
  69
  78
  87
  97
  108
  118
  130
  141
  153
  166
  179
  192
  206
  221
  236
  252
  269
  286
  304
  323
  343
  363
  384
  407
  430
  455
  480
Earnings before tax, $m
  367
  429
  494
  562
  633
  707
  784
  865
  949
  1,036
  1,142
  1,236
  1,335
  1,437
  1,544
  1,655
  1,771
  1,892
  2,018
  2,149
  2,287
  2,431
  2,581
  2,738
  2,903
  3,075
  3,255
  3,444
  3,642
  3,849
Tax expense, $m
  99
  116
  133
  152
  171
  191
  212
  233
  256
  280
  308
  334
  360
  388
  417
  447
  478
  511
  545
  580
  617
  656
  697
  739
  784
  830
  879
  930
  983
  1,039
Net income, $m
  268
  313
  360
  410
  462
  516
  572
  631
  693
  756
  833
  902
  974
  1,049
  1,127
  1,208
  1,293
  1,381
  1,473
  1,569
  1,669
  1,774
  1,884
  1,999
  2,119
  2,245
  2,376
  2,514
  2,659
  2,810

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  3,101
  3,434
  3,784
  4,150
  4,531
  4,929
  5,343
  5,774
  6,222
  6,687
  7,171
  7,673
  8,196
  8,739
  9,304
  9,891
  10,503
  11,140
  11,804
  12,497
  13,219
  13,972
  14,759
  15,581
  16,439
  17,337
  18,275
  19,257
  20,284
  21,360
Adjusted assets (=assets-cash), $m
  3,101
  3,434
  3,784
  4,150
  4,531
  4,929
  5,343
  5,774
  6,222
  6,687
  7,171
  7,673
  8,196
  8,739
  9,304
  9,891
  10,503
  11,140
  11,804
  12,497
  13,219
  13,972
  14,759
  15,581
  16,439
  17,337
  18,275
  19,257
  20,284
  21,360
Revenue / Adjusted assets
  0.709
  0.709
  0.709
  0.709
  0.709
  0.709
  0.709
  0.709
  0.709
  0.709
  0.709
  0.709
  0.709
  0.709
  0.709
  0.709
  0.709
  0.709
  0.709
  0.709
  0.709
  0.709
  0.709
  0.709
  0.709
  0.709
  0.709
  0.709
  0.709
  0.709
Average production assets, $m
  2,007
  2,223
  2,449
  2,686
  2,933
  3,191
  3,459
  3,738
  4,027
  4,329
  4,642
  4,967
  5,305
  5,657
  6,022
  6,403
  6,799
  7,211
  7,641
  8,089
  8,557
  9,045
  9,554
  10,086
  10,641
  11,222
  11,830
  12,465
  13,130
  13,827
Working capital, $m
  378
  419
  461
  506
  553
  601
  652
  704
  759
  815
  874
  936
  999
  1,066
  1,135
  1,206
  1,281
  1,359
  1,440
  1,524
  1,612
  1,704
  1,800
  1,900
  2,005
  2,114
  2,229
  2,348
  2,474
  2,605
Total debt, $m
  957
  1,111
  1,272
  1,441
  1,618
  1,801
  1,993
  2,192
  2,399
  2,614
  2,837
  3,069
  3,310
  3,561
  3,822
  4,094
  4,377
  4,671
  4,978
  5,298
  5,631
  5,979
  6,343
  6,722
  7,119
  7,534
  7,967
  8,421
  8,895
  9,392
Total liabilities, $m
  1,432
  1,587
  1,748
  1,917
  2,093
  2,277
  2,469
  2,668
  2,874
  3,089
  3,313
  3,545
  3,786
  4,037
  4,298
  4,570
  4,852
  5,147
  5,454
  5,773
  6,107
  6,455
  6,819
  7,198
  7,595
  8,010
  8,443
  8,897
  9,371
  9,868
Total equity, $m
  1,668
  1,848
  2,036
  2,232
  2,438
  2,652
  2,875
  3,106
  3,347
  3,598
  3,858
  4,128
  4,409
  4,701
  5,005
  5,322
  5,651
  5,994
  6,351
  6,723
  7,112
  7,517
  7,940
  8,382
  8,844
  9,327
  9,832
  10,360
  10,913
  11,492
Total liabilities and equity, $m
  3,100
  3,435
  3,784
  4,149
  4,531
  4,929
  5,344
  5,774
  6,221
  6,687
  7,171
  7,673
  8,195
  8,738
  9,303
  9,892
  10,503
  11,141
  11,805
  12,496
  13,219
  13,972
  14,759
  15,580
  16,439
  17,337
  18,275
  19,257
  20,284
  21,360
Debt-to-equity ratio
  0.570
  0.600
  0.620
  0.650
  0.660
  0.680
  0.690
  0.710
  0.720
  0.730
  0.740
  0.740
  0.750
  0.760
  0.760
  0.770
  0.770
  0.780
  0.780
  0.790
  0.790
  0.800
  0.800
  0.800
  0.800
  0.810
  0.810
  0.810
  0.820
  0.820
Adjusted equity ratio
  0.538
  0.538
  0.538
  0.538
  0.538
  0.538
  0.538
  0.538
  0.538
  0.538
  0.538
  0.538
  0.538
  0.538
  0.538
  0.538
  0.538
  0.538
  0.538
  0.538
  0.538
  0.538
  0.538
  0.538
  0.538
  0.538
  0.538
  0.538
  0.538
  0.538

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  268
  313
  360
  410
  462
  516
  572
  631
  693
  756
  833
  902
  974
  1,049
  1,127
  1,208
  1,293
  1,381
  1,473
  1,569
  1,669
  1,774
  1,884
  1,999
  2,119
  2,245
  2,376
  2,514
  2,659
  2,810
Depreciation, amort., depletion, $m
  128
  140
  152
  166
  180
  194
  209
  225
  241
  258
  261
  279
  298
  318
  338
  360
  382
  405
  429
  454
  481
  508
  537
  567
  598
  630
  665
  700
  738
  777
Funds from operations, $m
  396
  453
  513
  576
  642
  710
  782
  856
  934
  1,014
  1,094
  1,181
  1,272
  1,367
  1,465
  1,568
  1,675
  1,786
  1,902
  2,023
  2,150
  2,282
  2,421
  2,565
  2,717
  2,875
  3,041
  3,214
  3,396
  3,587
Change in working capital, $m
  39
  41
  43
  45
  47
  49
  50
  53
  55
  57
  59
  61
  64
  66
  69
  72
  75
  78
  81
  84
  88
  92
  96
  100
  105
  109
  114
  120
  125
  131
Cash from operations, $m
  357
  412
  470
  531
  595
  662
  731
  804
  879
  958
  1,035
  1,120
  1,209
  1,301
  1,396
  1,496
  1,600
  1,708
  1,821
  1,939
  2,062
  2,191
  2,325
  2,465
  2,612
  2,766
  2,926
  3,095
  3,271
  3,456
Maintenance CAPEX, $m
  -101
  -113
  -125
  -138
  -151
  -165
  -179
  -194
  -210
  -226
  -243
  -261
  -279
  -298
  -318
  -338
  -360
  -382
  -405
  -429
  -454
  -481
  -508
  -537
  -567
  -598
  -630
  -665
  -700
  -738
New CAPEX, $m
  -206
  -216
  -226
  -237
  -247
  -258
  -268
  -279
  -290
  -301
  -313
  -325
  -338
  -352
  -366
  -380
  -396
  -413
  -430
  -448
  -467
  -488
  -509
  -532
  -556
  -581
  -608
  -636
  -665
  -696
Cash from investing activities, $m
  -307
  -329
  -351
  -375
  -398
  -423
  -447
  -473
  -500
  -527
  -556
  -586
  -617
  -650
  -684
  -718
  -756
  -795
  -835
  -877
  -921
  -969
  -1,017
  -1,069
  -1,123
  -1,179
  -1,238
  -1,301
  -1,365
  -1,434
Free cash flow, $m
  50
  83
  119
  157
  197
  239
  284
  330
  379
  430
  479
  534
  591
  651
  713
  777
  844
  914
  986
  1,062
  1,140
  1,222
  1,308
  1,397
  1,490
  1,587
  1,688
  1,795
  1,906
  2,022
Issuance/(repayment) of debt, $m
  147
  154
  162
  169
  176
  184
  191
  199
  207
  215
  223
  232
  241
  251
  261
  272
  283
  294
  307
  320
  334
  348
  363
  380
  397
  415
  434
  454
  475
  497
Issuance/(repurchase) of shares, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  147
  154
  162
  169
  176
  184
  191
  199
  207
  215
  223
  232
  241
  251
  261
  272
  283
  294
  307
  320
  334
  348
  363
  380
  397
  415
  434
  454
  475
  497
Total cash flow (excl. dividends), $m
  196
  237
  280
  326
  373
  423
  475
  529
  586
  645
  702
  766
  833
  902
  974
  1,049
  1,127
  1,208
  1,293
  1,381
  1,474
  1,570
  1,671
  1,776
  1,886
  2,001
  2,122
  2,248
  2,380
  2,519
Retained Cash Flow (-), $m
  -173
  -179
  -188
  -197
  -205
  -214
  -223
  -232
  -241
  -250
  -260
  -270
  -281
  -292
  -304
  -316
  -329
  -343
  -357
  -372
  -388
  -405
  -423
  -442
  -462
  -483
  -505
  -528
  -553
  -579
Prev. year cash balance distribution, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
  23
  58
  92
  129
  168
  209
  252
  298
  345
  395
  442
  496
  552
  610
  670
  733
  798
  865
  936
  1,009
  1,085
  1,165
  1,248
  1,334
  1,424
  1,519
  1,617
  1,720
  1,828
  1,940
Discount rate, %
  4.40
  4.62
  4.85
  5.09
  5.35
  5.62
  5.90
  6.19
  6.50
  6.83
  7.17
  7.53
  7.90
  8.30
  8.71
  9.15
  9.60
  10.08
  10.59
  11.12
  11.67
  12.26
  12.87
  13.51
  14.19
  14.90
  15.64
  16.43
  17.25
  18.11
PV of cash for distribution, $m
  22
  53
  80
  106
  129
  151
  169
  184
  196
  204
  207
  208
  205
  200
  191
  181
  168
  153
  138
  123
  107
  92
  77
  64
  52
  41
  32
  24
  18
  13
Current shareholders' claim on cash, %
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

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. It operates in two segments: Composite Materials and Engineered Products. The Composite Materials segment consists of its carbon fiber, specialty reinforcements, resins, prepregs and other fiber-reinforced matrix materials, and honeycomb core product lines. The Engineered Products segment consists of lightweight structures, molded components, engineered core and honeycomb products with added functionality. Its products are used in a range of end applications, such as commercial and military aircraft, space launch vehicles and satellites, wind turbine blades, automotive, and recreational products.

FINANCIAL RATIOS  of  Hexcel (HXL)

Valuation Ratios
P/E Ratio 22.6
Price to Sales 2.8
Price to Book 4.5
Price to Tangible Book
Price to Cash Flow 14.1
Price to Free Cash Flow 77.5
Growth Rates
Sales Growth Rate 7.7%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate 7.5%
Cap. Spend. - 3 Yr. Gr. Rate 11%
Financial Strength
Quick Ratio 9
Current Ratio 0
LT Debt to Equity 55%
Total Debt to Equity 55.3%
Interest Coverage 0
Management Effectiveness
Return On Assets 10.9%
Ret/ On Assets - 3 Yr. Avg. 11%
Return On Total Capital 13.5%
Ret/ On T. Cap. - 3 Yr. Avg. 13.9%
Return On Equity 20.6%
Return On Equity - 3 Yr. Avg. 19.7%
Asset Turnover 0.9
Profitability Ratios
Gross Margin 28.2%
Gross Margin - 3 Yr. Avg. 28.1%
EBITDA Margin 21.5%
EBITDA Margin - 3 Yr. Avg. 20.8%
Operating Margin 18%
Oper. Margin - 3 Yr. Avg. 17.4%
Pre-Tax Margin 16.9%
Pre-Tax Margin - 3 Yr. Avg. 16.7%
Net Profit Margin 12.5%
Net Profit Margin - 3 Yr. Avg. 12.2%
Effective Tax Rate 26.9%
Eff/ Tax Rate - 3 Yr. Avg. 27.7%
Payout Ratio 16%

HXL stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the HXL stock intrinsic value calculation we used $1973.3 million for the last fiscal year's total revenue generated by Hexcel. The default revenue input number comes from 0001 income statement of Hexcel. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our HXL stock valuation model: a) initial revenue growth rate of 11.4% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 4.4%, whose default value for HXL is calculated based on our internal credit rating of Hexcel, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Hexcel.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of HXL stock the variable cost ratio is equal to 68.7%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $273 million in the base year in the intrinsic value calculation for HXL stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 5.4% for Hexcel.

Corporate tax rate of 27% is the nominal tax rate for Hexcel. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the HXL stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for HXL are equal to 91.3%.

Life of production assets of 17.8 years is the average useful life of capital assets used in Hexcel operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for HXL is equal to 17.2%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $1495.1 million for Hexcel - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 87.519 million for Hexcel is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Hexcel at the current share price and the inputted number of shares is $5.4 billion.

RELATED COMPANIES Price Int.Val. Rating
BA Boeing 369.34 146.32  str.sell
TGI Triumph Group 21.89 22.01  hold
SPR Spirit AeroSys 89.24 65.54  sell
ESL Esterline Tech 117.53 76.29  hold

COMPANY NEWS

▶ Hexcel (HXL) Q3 Earnings Match Estimates   [Oct-22-18 05:40PM  Zacks]
▶ Hexcel: 3Q Earnings Snapshot   [04:34PM  Associated Press]
▶ Hexcel Declares Quarterly Dividend   [04:31PM  GlobeNewswire]
▶ Hexcel Reports 2018 Third Quarter Results   [04:30PM  GlobeNewswire]
▶ Hexcel Declares Quarterly Dividend   [04:22PM  GlobeNewswire]
▶ Hexcel Reports 2018 Third Quarter Results   [04:20PM  GlobeNewswire]
▶ 7 Mid-Cap Stocks to Sell Now   [Sep-05-18 10:45AM  InvestorPlace]
▶ Hexcel Announces 20% Increase in Quarterly Dividend   [Jul-23-18 05:10PM  GlobeNewswire]
▶ Hexcel Reports 2018 Second Quarter Results   [04:59PM  GlobeNewswire]
▶ Hexcel: 2Q Earnings Snapshot   [04:54PM  Associated Press]
▶ Earnings Preview For Hexcel   [08:08AM  Benzinga]
▶ Should You Buy Hexcel (HXL) Ahead of Earnings?   [Jul-20-18 08:50AM  Zacks]
▶ Canaccord: Now Is The Time To Buy Hexcel   [Jul-05-18 12:09PM  Benzinga]
▶ 3 Advanced Materials Industry Stocks to Buy   [Jun-08-18 06:19AM  Motley Fool]
▶ Hexcel Reports 2018 First Quarter Results   [Apr-23-18 05:13PM  GlobeNewswire]
▶ Hexcel Declares Quarterly Dividend   [05:06PM  GlobeNewswire]
▶ Hexcel: 1Q Earnings Snapshot   [04:58PM  Associated Press]
▶ Hexcel Reports 2018 First Quarter Results   [04:37PM  GlobeNewswire]
▶ Hexcel Reports 2017 Second Quarter Results   [Apr-19-18 09:39AM  GlobeNewswire]
▶ 3 Growth Stocks to Buy on a Dip   [Apr-10-18 07:48AM  Motley Fool]
▶ 4 Reasons Hexcel Corporation Stock Could Rise   [Mar-04-18 03:05PM  Motley Fool]
▶ Lou Simpson Sells Ametek, Reduces Hexcel, Berkshire   [Feb-28-18 03:01PM  GuruFocus.com]
▶ Hexcel Reports 2017 Fourth Quarter and Full Year Results   [Jan-24-18 05:11PM  GlobeNewswire]
▶ Hexcel meets 4Q profit forecasts   [04:51PM  Associated Press]
▶ Hexcel Declares Quarterly Dividend   [04:36PM  GlobeNewswire]
▶ Hexcel Sees RS Rating Climb To 72   [03:00AM  Investor's Business Daily]
▶ Stocks With Rising Relative Strength: Hexcel   [Jan-09-18 03:00AM  Investor's Business Daily]
▶ IBD Rating Upgrades: Hexcel Shows Improved Relative Price Strength   [Dec-07-17 03:00AM  Investor's Business Daily]
▶ Hexcel Announces Upcoming Investor Conference   [Dec-04-17 04:35PM  GlobeNewswire]
▶ 4 Top Aerospace Stocks to Consider Buying Now   [Nov-29-17 08:46PM  Motley Fool]
▶ Stocks crawl to record highs, bitcoin nears $10,000   [Nov-28-17 11:31AM  Yahoo Finance]
▶ Stocks inch higher on Cyber Monday retail blitz   [Nov-27-17 11:22AM  Yahoo Finance]
▶ Stocks take a turkey nap ahead of Thanksgiving holiday   [Nov-22-17 10:25AM  Yahoo Finance]
▶ Stocks crawling higher, bitcoin surges over $8,200   [Nov-20-17 11:29AM  Yahoo Finance]
▶ ETFs with exposure to Hexcel Corp. : November 16, 2017   [Nov-16-17 11:42AM  Capital Cube]
▶ Stocks struggle to hold gains as tax bill hits a snag   [Nov-08-17 11:34AM  Yahoo Finance]
▶ Stocks retreat from record highs, Bitcoin goes mainstream   [Nov-07-17 11:29AM  Yahoo Finance]

CONTACT US       ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.