UPDATE: Hexcel Corp. (HXL) Tops Q3 EPS by 2c, Miss on Revenues; Lifts FY18 Revenue Mid-Point Outlook, Narrows FY18 EPS Outlook

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Go back to UPDATE: Hexcel Corp. (HXL) Tops Q3 EPS by 2c, Miss on Revenues; Lifts FY18 Revenue Mid-Point Outlook, Narrows FY18 EPS Outlook

Hexcel Corp. (HXL) PT Lowered to $63 at Credit Suisse

October 24, 2018 8:59 AM EDT

Credit Suisse analyst Robert Spingarn lowered the price target on Hexcel Corp. (NYSE: HXL) to $63.00 (from $70.00) while maintaining a Neutral rating following results.

Spingarn notes top line approaching cruise altitude, though margins may provide additional lift.

The firm adjusts 2018/'19/'20 estimates to $3.03/3.51/3.78 ($2.99/$3.43/$3.77 respectively).

... More

Hexcel Corp. (HXL) Declares $0.15 Quarterly Dividend; 1% Yield

October 22, 2018 4:25 PM EDT

Hexcel Corp. (NYSE: HXL) declared a quarterly dividend of $0.15 per share, or $0.6 annualized.

The dividend will be payable on November 9, 2018, to stockholders of record on November 2, 2018, with an ex-dividend date of November 1, 2018.

The annual yield on the dividend is 1 percent.

For... More