Hexcel Corporation is a leading advanced composites company. It develops, manufactures, and markets lightweight, high-performance structural materials including carbon fibers, specialty reinforcements, prepregs, and other fiber-reinforced matrix materials, honeycomb, adhesives, engineered core and composite structures for use in commercial aerospace, space and defense, and industrial applications.
Company profile
Ticker
HXL
Exchange
Website
CEO
Nick Stanage
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
DuPont de Nemours • Dow • Eastman Chemical • Albemarle • Dow Chemical • Hexion • Trinseo • Avient • Kraton • AdvanSix ...
SEC CIK
Corporate docs
Subsidiaries
ACM Holdings LLC • ARC Technologies LLC • Hexcel LLC • Hexcel Pottsville Corporation • Hexcel Reinforcements Corp. • Hexcel Reinforcements Holding Corp. • Hexcel Asia Pacific Trading Limited • Hexcel Composites GmbH • Hexcel Composites GmbH & Co. KG • Hexcel Composites Limited ...
IRS number
941109521
HXL stock data
News
Why This Hexcel Analyst Is Double Upgrading The Industrial Stock
4 May 22
Barclays Maintains Equal-Weight on Hexcel, Raises Price Target to $67
2 May 22
Analyst Ratings for Hexcel
27 Apr 22
Wells Fargo Maintains Equal-Weight on Hexcel, Raises Price Target to $60
27 Apr 22
RBC Capital Maintains Sector Perform on Hexcel, Raises Price Target to $60
27 Apr 22
Press releases
3D Systems Announces CFO Transition and Reiterates 2022 Guidance
25 Apr 22
Hexcel Declares Quarterly Dividend
25 Apr 22
Hexcel Reports 2022 First Quarter Results
25 Apr 22
Archer Aviation Plans to Work With Hexcel to Advance Production Capabilities
7 Apr 22
Why the Recycling Materials Industry is a Big Boon for Construction & Infrastructure Applications
5 Apr 22
Analyst ratings and price targets
Current price
Average target
$62.33
Low target
$60.00
High target
$67.00
Barclays
Maintains
$67.00
Wells Fargo
Maintains
$60.00
RBC Capital
Maintains
$60.00
Calendar
25 Apr 22
26 Jun 22
31 Dec 22
Financial summary
| Quarter (USD) | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
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| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 112.8M | 112.8M | 112.8M | 112.8M | 112.8M | 112.8M |
| Cash burn (monthly) | 4.97M | (no burn) | (no burn) | (no burn) | 6.33M | (no burn) |
| Cash used (since last report) | 14.27M | n/a | n/a | n/a | 18.2M | n/a |
| Cash remaining | 98.53M | n/a | n/a | n/a | 94.6M | n/a |
| Runway (months of cash) | 19.8 | n/a | n/a | n/a | 14.9 | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 4 Jun 22 | Gina Fitzsimons | Common Stock | Payment of exercise | Dispose F | No | No | 57.39 | 381 | 21.87K | 2,313 |
| 4 Jun 22 | Gina Fitzsimons | Common Stock | Option exercise | Acquire M | No | No | 0 | 811 | 0 | 2,694 |
| 4 Jun 22 | Gina Fitzsimons | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 811 | 0 | 0 |
| 10 May 22 | Marilyn Minus | Common Stock | Option exercise | Acquire M | No | No | 0 | 2,230 | 0 | 4,372 |
| 10 May 22 | Marilyn Minus | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 2,230 | 0 | 0 |
| 10 May 22 | Suever Catherine A | Common Stock | Option exercise | Acquire M | No | No | 0 | 2,230 | 0 | 10,530 |
| 10 May 22 | Suever Catherine A | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 2,230 | 0 | 0 |
| 5 May 22 | Campbell Jeffrey C | RSU Common Stock | Grant | Acquire A | No | No | 0 | 2,064 | 0 | 2,064 |
| 5 May 22 | Cynthia M Egnotovich | RSU Common Stock | Grant | Acquire A | No | No | 0 | 2,064 | 0 | 2,064 |
Institutional ownership, Q1 2022
97.9% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 363 |
| Opened positions | 49 |
| Closed positions | 55 |
| Increased positions | 129 |
| Reduced positions | 114 |
| 13F shares | Current |
|---|---|
| Total value | 18.76B |
| Total shares | 82.25M |
| Total puts | 5K |
| Total calls | 66.9K |
| Total put/call ratio | 0.1 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 8.42M | $500.76M |
| Vanguard | 7.58M | $450.51M |
| Alliancebernstein | 5.1M | $303.26M |
| Atlanta Capital Management Co L L C | 4.77M | $283.95M |
| Earnest Partners | 4.75M | $282.42M |
| BAC Bank Of America | 3.74M | $222.59M |
| STT State Street | 3.41M | $202.77M |
| Boston Partners | 3.25M | $193.24M |
| Eaton Vance Management | 2.48M | $147.3M |
| Wellington Management | 2.39M | $142.41M |
Content analysis
?| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. freshman Avg
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New words:
absorption, authorization, California, catastrophic, center, channel, Colleen, conflict, constrained, constructed, construction, consumer, Dublin, economy, escalating, excellence, expansion, export, flight, foresee, greater, inflation, innovation, innovative, laboratory, Lake, leader, leaving, led, lighter, monitoring, Morocco, newly, percentage, prepreg, Pritchett, propel, quarterly, regulatory, reinstated, relocating, repurchase, Russia, Russian, Salt, successor, sustainability, tougher, Ukraine, Utah, worsened
Removed:
accelerated, adding, adversely, application, ASU, beneficial, cessation, chose, closure, combined, consolidation, continuing, cybersecurity, decrease, decreased, discourage, emergence, entitled, environment, exit, extended, factor, FASB, globally, headcount, HexCut, implementing, intraperiod, largest, launch, longer, merger, mitigate, move, negatively, North, operational, Organization, outbreak, partially, post, prepeg, printing, recreational, reduction, regional, removal, repay, resulted, return, returned, SAS, school, simplify, Simplifying, spread, step, stockholder, stringent, submarket, substantial, Subtopic, temporary, term, terminate, terminated, Topic, traffic, turbine, ultimately, uncertainty, volatile, wide, Woodward
Financial reports
Current reports
8-K
Submission of Matters to a Vote of Security Holders
6 May 22
8-K
Hexcel Reports 2022 First Quarter Results
25 Apr 22
8-K
Hexcel Reports 2021 Fourth Quarter and Full Year Results
26 Jan 22
8-K
Departure of Directors or Certain Officers
14 Jan 22
8-K
Hexcel Reports 2021 Third Quarter Results
18 Oct 21
8-K
Hexcel Reports 2021 Second Quarter Results
26 Jul 21
8-K
Submission of Matters to a Vote of Security Holders
11 May 21
8-K
Hexcel Reports 2021 First Quarter Results
19 Apr 21
8-K
Entry into a Material Definitive Agreement
28 Jan 21
8-K
Hexcel Reports 2020 Fourth Quarter and Full Year Results
25 Jan 21
Registration and prospectus
S-8
Registration of securities for employees
9 Jun 21
25-NSE
Exchange delisting
13 May 21
S-3ASR
Automatic shelf registration
26 Mar 21
8-A12B
Registration of securities on exchange
6 Apr 20
425
Business combination disclosure
6 Mar 20
425
Business combination disclosure
5 Mar 20
425
Business combination disclosure
5 Mar 20
425
Business combination disclosure
5 Feb 20
425
Business combination disclosure
4 Feb 20
425
Business combination disclosure
4 Feb 20
Proxies
DEFA14A
Additional proxy soliciting materials
29 Apr 22
DEFA14A
Additional proxy soliciting materials
21 Apr 22
DEFA14A
Additional proxy soliciting materials
23 Mar 22
DEFA14A
Additional proxy soliciting materials
24 Mar 21
DEFA14A
Additional proxy soliciting materials
19 May 20
DEFA14A
Additional proxy soliciting materials
21 Apr 20
DEF 14A
Definitive proxy
22 Mar 19
Other
SD
Conflict minerals disclosure
31 May 22
SD
Conflict minerals disclosure
28 May 21
UPLOAD
Letter from SEC
28 Jan 21
CORRESP
Correspondence with SEC
11 Jan 21
UPLOAD
Letter from SEC
27 Dec 20
SD
Conflict minerals disclosure
29 May 20
CERT
Certification of approval for exchange listing
13 Apr 20
SD
Conflict minerals disclosure
31 May 19
UPLOAD
Letter from SEC
4 Jan 18
CORRESP
Correspondence with SEC
21 Dec 17
Ownership
4
HEXCEL / Gina Fitzsimons ownership change
6 Jun 22
4
HEXCEL / Catherine A Suever ownership change
10 May 22
4
HEXCEL / Marilyn Minus ownership change
10 May 22
4
HEXCEL / Catherine A Suever ownership change
6 May 22
4
HEXCEL / Marilyn Minus ownership change
6 May 22
4
HEXCEL / GUY C HACHEY ownership change
6 May 22
4
HEXCEL / JEFFREY A GRAVES ownership change
6 May 22
4
HEXCEL / THOMAS A GENDRON ownership change
6 May 22
4
HEXCEL / CYNTHIA M EGNOTOVICH ownership change
6 May 22
4
HEXCEL / JEFFREY C CAMPBELL ownership change
6 May 22
Patents
Utility
Method of manufacture of a composite material
14 Jun 22
A method of manufacture of a composite component is provided, the method comprising the steps of providing two layers of pre-preg composite material, one of which has an edge adjacent a surface of the other.
Utility
Unwinding of materials
14 Jun 22
There is provide a process for unwinding material from a spool (2) wherein the angle (Θ) of take off at the first contact point (4) for the unwind is always in the range 0±20°, and wherein the first contact point (4) for the unwind is no more than 600 mm from the axis (3) of rotation of the spool (2).
Utility
Epoxy resin formulations
17 May 22
Formulations comprising from 10 to 80% by weight of the formulation of a halogenated epoxy resin; from 1 to 15% by weight of the formulation of an antimony based fire retardant; from 1 to 10% by weight of the formulation of an inorganic or non-polymeric organic phosphorous containing fire retardant; and from 1 to 30% by weight of the formulation of a curative system are provided.
Utility
System for selective laser sintering
26 Apr 22
A system for producing an object from a powder by selective laser sintering.
Utility
System for identifying parts formed in an additive manufacturing build
22 Feb 22
A system and method for identifying test bars formed during a selective laser sintering build.
Transcripts
2022 Q1
Earnings call transcript
26 Apr 22
2021 Q4
Earnings call transcript
27 Jan 22
2021 Q3
Earnings call transcript
19 Oct 21
2021 Q2
Earnings call transcript
27 Jul 21
2021 Q1
Earnings call transcript
20 Apr 21
2020 Q4
Earnings call transcript
26 Jan 21
2020 Q3
Earnings call transcript
20 Oct 20
2020 Q2
Earnings call transcript
28 Jul 20
2020 Q1
Earnings call transcript
21 Apr 20
2019 Q4
Earnings call transcript
4 Feb 20
Reddit threads
Daily Discussion Thread - May 5th, 2022
5 May 22
Daily Discussion Thread - May 4th, 2022
4 May 22
Daily Discussion Thread - April 25th, 2022
25 Apr 22
Daily Discussion Thread - April 22nd, 2022
22 Apr 22
What Are Your Moves Tomorrow - March 22, 2022
21 Mar 22
Which companies would benefit from nuclear energy (and other green energy)?
20 Mar 22
I have just started investing and only buying stocks like AAPL,GOOGL and VOO.What other low risk ways I can invest for the next 10 years?
5 Mar 22
Daily Discussion Thread - February 10th, 2022
10 Feb 22
Daily Discussion Thread - February 9th, 2022
9 Feb 22
Daily Discussion Thread - February 8th, 2022
8 Feb 22