Hexcel Corp (NYSE: HXL) stock closed at $62.34 on 4/10/24 after a major decline of -12.4%. Moreover, trading volume in this decline was exceptionally high at 713% of normal. The stock has performed in line with the market over the last nine months and has declined -12.2% during the last week.
Current PriceTarget Research Rating
HXL is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Hexcel has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Hexcel has a neutral Power Rating of 45 but a poor Appreciation Score of 15, triggering the Lowest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
Be the first to comment