Today it was reported that the SVP, Corp. Controller & CAO of Hexcel (HXL), Kimberly Hendricks, exercised options to sell 3,500 HXL shares at $10.90 a share, for a total transaction value of $266K.
Following Kimberly Hendricks’ last HXL Sell transaction on August 11, 2015, the stock climbed by 24.7%. In addition to Kimberly Hendricks, 3 other HXL executives reported Sell trades in the last month.
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Based on Hexcel’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $611 million and quarterly net profit of $72.2 million. In comparison, last year the company earned revenue of $539 million and had a net profit of $61.6 million. HXL’s market cap is $6.52B and the company has a P/E ratio of 23.47. Currently, Hexcel has an average volume of 508.1K.
Based on 9 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $80.11, reflecting a 3.3% upside.
The insider sentiment on Hexcel has been negative according to 39 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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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.
