Boeing Supplier Plunges as Wall Street Pans ‘Unnerving' CEO Pick [BNN Bloomberg (Canada)]
Hexcel Corporation (HXL)
Last hexcel corporation earnings: 2/3 04:10 pm
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phx.corporate-ir.net/phoenix.zhtml?c=75598&p=irol-investors
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Source: BNN Bloomberg
Tom Gentile will take over as Hexcel's chief executive officer on May 1 and likely join the board soon after, the company said late Tuesday. Current CEO Nick Stanage will become executive chairman until retiring at the end of the year. The appointment comes about six months after Gentile abruptly resigned as head of Spirit AeroSystems Holdings Inc., another supplier to aircraft makers. Spirit and Boeing have come under deep scrutiny in recent months over manufacturing quality problems spanning multiple plane models. Read More: Boeing Crisis of Confidence Deepens With 787 Now Under Scrutiny Truist Securities analyst Michael Ciarmoli called the hiring “unnerving” in a client note and said it's “one of the more curious moves we have seen” in the aerospace industry. Spirit “has a long history of quality problems, inability to generate cash and inability to drive margin expansion,” he said. Northcoast Research analyst Chris Olin said Gentile's final years at Spirit “could become t
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HXL
News
- Hexcel Co. (NYSE: HXL) had its price target lowered by analysts at Deutsche Bank Aktiengesellschaft from $71.00 to $70.00. They now have a "hold" rating on the stock.MarketBeat
- Hexcel First Quarter 2024 Earnings: In Line With Expectations [Yahoo! Finance]Yahoo! Finance
- Hexcel Co. (NYSE: HXL) had its price target lowered by analysts at UBS Group AG from $77.00 to $73.00. They now have a "neutral" rating on the stock.MarketBeat
- Hexcel Corporation (NYSE:HXL) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Earnings Update: Hexcel Corporation (NYSE:HXL) Just Reported Its First-Quarter Results And Analysts Are Updating Their Forecasts [Yahoo! Finance]Yahoo! Finance
HXL
Earnings
- 4/22/24 - In-Line
HXL
Sec Filings
- 5/6/24 - Form 8-K
- 5/6/24 - Form 4
- 5/3/24 - Form 4
- HXL's page on the SEC website