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HXL News and Press, Hexcel Corporation From 05/04/22

Stock Information

Company Name: Hexcel Corporation
Stock Symbol: HXL
Market: NYSE
Website: hexcel.com

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HXL - Hexcel raised to Buy at BofA on stronger than expected commercial aerospace

Hexcel (NYSE:HXL) +1.4% in Wednesday's trading after Bank of America double upgraded shares to Buy from Underperform with a $65 price target, raised from $45, citing the company's continued strength through the early stages of the commercial air traffic recovery. BofA's Ronald Epstein views H...

HXL - Hexcel: Only For The Patient

Hexcel Corp. is a leading supplier of lightweight composite materials in the global aerospace industry. Last year, I took a neutral stance. This time, I reiterate that view as the company struggles with ongoing macro headwinds. However, the company brings a lot of value to the tab...

HXL - Hexcel Corporation (HXL) CEO Nick Stanage on Q1 2022 Results - Earnings Call Transcript

Hexcel Corporation (HXL) Q1 2022 Earnings Conference Call April 26, 2022, 10:00 AM ET Company Participants Patrick Winterlich - CFO Nick Stanage - Chairman, President and CEO Kurt Goddard - VP, IR Conference Call Participants Michael Ciarmoli - Truist Securities Ken Herbert - RBC Myles Walton...

HXL - 3D Systems CFO Jagtar Narula to step down

3D Systems (NYSE:DDD) on Monday said Jagtar Narula will step down as CFO, effective May 20, to accept a new career opportunity. Wayne Pensky, former CFO of Hexcel (HXL), has been appointed interim CFO, effective May 21. DDD initiated an executive search to identify a permanent finance chief. ...

HXL - 3D Systems Announces CFO Transition and Reiterates 2022 Guidance

Veteran CFO Wayne Pensky to serve as Interim Chief Financial Officer Company reiterates 2022 full-year guidance ROCK HILL, S.C., April 25, 2022 (GLOBE NEWSWIRE) -- 3D Systems (NYSE:DDD) today announced that Jagtar Narula is stepping down as the company’s Chief Finan...

HXL - Hexcel Non-GAAP EPS of $0.22, revenue of $391M

Hexcel press release (NYSE:HXL): Q1 Non-GAAP EPS of $0.22. Revenue of $391M (+26.1% Y/Y). For further details see: Hexcel Non-GAAP EPS of $0.22, revenue of $391M

HXL - Hexcel declares $0.10 dividend

Hexcel (NYSE:HXL) declares $0.10/share quarterly dividend, in line with previous. Forward yield 0.72% Payable May 13; for shareholders of record May 6; ex-div May 5. See HXL Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Hexcel declares $0.10 dividend ...

HXL - Hexcel Reports 2022 First Quarter Results

Q1 2022 GAAP diluted EPS of $0.21 and adjusted diluted EPS of $0.22, compared to Q1 2021 GAAP diluted EPS of ($0.17) and adjusted diluted EPS of ($0.10). Q1 2022 Sales were $391 million, compared to $310 million in Q1 2021. Full year 2022 guidance is reaffirmed. ...

HXL - Goldman screens companies with best and worst pricing power into earnings season

Goldman Sachs equity strategists stressed the importance of pricing power for companies given a four-decade high in inflation and rising commodities prices. "Pricing power will become increasingly important in the face of continued inflation and cost pressures," David Kostin, chief U.S. equit...

HXL - Archer Aviation Plans to Work With Hexcel to Advance Production Capabilities

Hexcel is a leading supplier and manufacturer of carbon fiber and other advanced composite materials for major aerospace programs with a vast number of aerospace-qualified products, rivaling any composites manufacturer worldwide The proposed relationship contemplated by the ...

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