Why Hexcel Stock Is Down Today [Yahoo! Finance]
Hexcel Corporation (HXL)
Last hexcel corporation earnings: 2/3 04:10 pm
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US:NYSE Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=75598&p=irol-investors
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Source: Yahoo! Finance
The market generally hates surprises, and pushed shares of Hexcel down by 11% at the opening of Wednesday's trading session on the news. A surprise change in the cockpit Hexcel manufactures lightweight composite technologies that have become popular in aerospace , transportation, and energy markets. These materials have the strength of metals but are easier to customize, and their lower weights help improve the fuel efficiency of vehicles built with them. Late Tuesday, Hexcel announced that Thomas C. Gentile III will take over as CEO on May 2. He will succeed Nick Stanage, who has agreed to remain as executive chairman of the board until year's end to assist with the transition. In a statement, the company said that Stanage "worked closely with the board on his desire to retire," but Hexcel had not previously given investors any heads up that a change was coming. From 2016 to 2023, Gentile was CEO of Spirit AeroSystems , a company currently in the news because its issues have
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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
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- HXL's page on the SEC website