Hexcel Co. (NYSE:HXL) issued an update on its FY15 earnings guidance on Thursday morning. The company provided earnings per share guidance of $2.44-2.56 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.31, MarketBeat reports. The company issued revenue guidance of $1.97-2.07 billion, compared to the consensus revenue estimate of $1.86 billion.

Shares of Hexcel Co. (NYSE:HXL) opened at 42.68 on Monday. The stock has a market cap of $3.99 billion and a PE ratio of 17.49. Hexcel Co. has a 12-month low of $37.78 and a 12-month high of $54.72. The stock’s 50 day moving average is $44.30 and its 200-day moving average is $47.15.

Hexcel (NYSE:HXL) last released its quarterly earnings results on Thursday, January 21st. The company reported $0.56 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.01. The firm had revenue of $464.90 million for the quarter, compared to analysts’ expectations of $459.55 million. During the same period in the prior year, the firm posted $0.54 earnings per share. Hexcel’s revenue for the quarter was down 1.5% on a year-over-year basis. Equities analysts expect that Hexcel Co. will post $2.54 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, February 12th. Investors of record on Friday, February 5th will be paid a dividend of $0.10 per share. The ex-dividend date is Wednesday, February 3rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.94%.

HXL has been the subject of a number of recent analyst reports. Canaccord Genuity reaffirmed a hold rating on shares of Hexcel in a research note on Wednesday, September 30th. Zacks Investment Research raised shares of Hexcel from a sell rating to a hold rating in a research note on Friday, October 2nd. Jefferies Group dropped their price target on shares of Hexcel to $45.00 and set a hold rating for the company in a research note on Tuesday, October 20th. RBC Capital dropped their price target on shares of Hexcel from $59.00 to $52.00 and set an outperform rating for the company in a research note on Wednesday, October 21st. Finally, Cowen and Company reaffirmed a buy rating and set a $47.00 price target (down from $57.00) on shares of Hexcel in a research note on Wednesday, October 21st. Five research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock presently has an average rating of Buy and an average target price of $51.90.

In other Hexcel news, Treasurer Michael J. Macintyre sold 1,000 shares of the business’s stock in a transaction dated Tuesday, December 1st. The shares were sold at an average price of $47.19, for a total value of $47,190.00. Following the completion of the sale, the treasurer now directly owns 10 shares of the company’s stock, valued at approximately $471.90. The transaction was disclosed in a filing with the SEC, which is available through this link.

Hexcel Corporation (NYSE:HXL) is a composites company. The Company develops, manufactures and markets lightweight, structural materials, including carbon fibers, specialty reinforcements, prepregs and other fiber-reinforced matrix materials, honeycomb, adhesives, engineered honeycomb and composite structures for use in commercial aerospace, space and defense and industrial markets. The Company operates in two segments: Composite Materials and Engineered Products. The Composite Materials segment manufactures and markets carbon fibers, fabrics and specialty reinforcements, prepregs and other fiber-reinforced matrix materials, structural adhesives, honeycomb, molding compounds, tooling materials, polyurethane systems and laminates. The Engineered Products segment manufactures and markets composite structures and precision machined honeycomb parts for use in the aerospace industry.

12 Month Chart for NYSE:HXL

Receive News & Ratings for Hexcel Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hexcel Co. and related companies with MarketBeat.com's FREE daily email newsletter.