Headquartered in Stamford, CT Fiscal year ends December NYSE: HXL hexcel.com
Hexcel Corporation specializes in creating advanced materials like carbon fibers, structural reinforcements, and composite materials primarily for aerospace, defense, and industrial sectors. With a focus on innovation, it produces components such as aircraft structures, wind turbine blades, and various industrial applications. Its offerings include fabrics, prepregs, adhesives, and engineered products like aircraft panels and rotorcraft blades. Founded in 1946 and based in Stamford, Connecticut, Hexcel serves a global market, ensuring high-performance materials meet the demanding needs of its customers.
Commercial aerospace sales jumped 20.5%, enough to carry a narrow revenue miss and keep full-year guidance intact. The board nearly doubled the buyback authorization, and management is already hiring ahead of demand it sees landing in Q4 and 2027.
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Warren Buffett started off May by boosting his stake in this tracking stock again, plus other notable insider buying in the past week.
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Private equity firm Sycamore Partners has filed suit to nullify its agreement to acquire a controlling stake in the Victoria's Secret brand from L Brands.
Paul Ausick Hexcel Corporation specializes in creating advanced materials like carbon fibers, structural reinforcements, and composite materials primarily for aerospace, defense, and industrial sectors.
24/7 Wall St.'s 12-month price target for HXL is $103.43, rated Buy. The Wall Street consensus target is $101.80. HXL price prediction →
