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Hexcel (HXL)
NYSEIndustrialsAerospace & DefenseSnapshot 2026-06-15
Intact
$98.69+1.00%
Close 2026-06-15 · 1-day change
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
The bottom line
Recent financial performance is strong, but management's recent track record has been unsteady, with frequent disruptive corporate changes. Earnings quality is robust, cash backs up reported profits. Peer multiples imply a price about 17% below where it trades (it looks expensive on this basis); the read is fair, quality intact. If HXL cuts guidance on the next call, that's a meaningful negative. This read is provisional.
as of 2026-06-15
Quick facts
- Exchange
- NYSE
- Sector
- Industrials
- Industry
- Aerospace & Defense
- Market cap
- $7.37B
- Employees
- —
- IPO date
- 1994-04-15
- Next earnings
- 2026-07-23
Price
Daily closes. Earnings/event dots are placed inline.
Adjusted daily closes (split & dividend). Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event
What's priced in
(what the market already expects)What it's worth (estimated)
A consensus fair price across 8 valuation methods, at three horizons. Current price $98.69. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
12-month· primaryfull
$89.02consensus
Range $79.14 – $98.69
vs price: +11% above
Method agreement — · 8 methods
No-growth: today's peer multiple on trailing earnings. The headline read.
3-yearinexpensive
$215.99consensus
Range $192.64 – $233.96
vs price: -54% below
Method agreement — · 6 methods
Embeds projected growth. Leans optimistic by design. Upside context.
5-yearinexpensive
How much to trust our fair value
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
Durable premiummedium confidence
At $99 the market pays 50× p/e — above the 38× p/e peer median but in line with its own 48× history. That premium reflects a durable franchise our peer-anchored $86 fair value understates; treat the 'expensive vs peers' read with medium confidence. Analysts: $79–$105. Not investment advice.
Multiple (P/E)
49.8x
peer 37.8x · own history 47.9x
Premium
1.3x peer
1.0x its own history
Growth the price needs
15%
our forecast 5%
Our fair value
$85.85
range $81.58 – $95.80
Analyst range(a guide on our number, not a target)
How this stock is priced
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Long-term · 1–3 yr
fullfair — quality intact12-month view
What's priced inStretched
The market is pricing in roughly 15% near-term growth, ahead of our forecast of about 5%. This describes what's priced in, not a forecast of the move.
Low fragilityrisk posture, not a price call
No fragility gates fired.
Historical context
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
How strong is the business
(quality & execution)Factor signals
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Recent financial performance
strongOperating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated strong grew net income 69% of the time over the next year (vs 58% for the rest of the cohort, n=3696).
96th pctl · Industrials
Earnings quality
robustOver the trailing year it converted 2.36x of net income into operating cash flow. Historically, Industrials names rated robust grew net income 64% of the time over the next year (vs 57% for the rest of the cohort, n=3333).
79th pctl · Industrials
Macro sensitivity
Most sensitive to the broad stock market.
- the broad stock market: This stock moves with the broad market (high beta).
Not enough signal to read sensitivity to real (inflation-adjusted) rates, the US dollar, long-term interest rates, Fed net liquidity.
Management & capital allocation
Earnings setup & market context
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
Earnings setup · pre-print positioning
forward-looking
Bearish14 analysts, 29% Buyfor period ending 2026-06-30
Why this setup
Consensus revisions
EPS estimate $0.58 → $0.58 (-0.9% / 30d). 1 raised, 2 cut, 14 covering analysts.
Rating actions
0 upgrades, 0 downgrades / 30d. 29% of analysts rate Buy.
Material events
0 positive, 1 negative / 30d. See F4 management tile for the event list.
Sector context
Intermediate · WeeklySector phase: industrials is in maturing, with decelerating (~3.2 years in phase).
Sector regime (90d momentum): headwind.Management scorecard
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Long-term · 1–3 yr
Overall: strong
- Capital allocation
- strong
- Earnings discipline
- neutral
- Margin discipline
- neutral
- Balance sheet
- neutral
- Post-call reaction
- strong
A guidance track record builds as the company issues and delivers on guidance.
How bumpy is the path
(risk while you hold it)Risk: how this stock moves
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
Intermediate · WeeklyLong-term · 1–3 yr
On a typical day, $10k can swing ±$132.
How much price usually moves either way.
On a bad day, this stock has moved -$273.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $1,865.
Deepest peak-to-trough drop in the last year.
moderateas of 2026-06-15
Past results, not a forecast. Not investment advice.
What would change the read
(catalysts & re-read triggers)What changed
The most important moves since the prior daily snapshot.
Short-term · Daily
- No material changes since the prior snapshot.
No material changes since the prior snapshot.
as of 2026-06-15
What to watch next
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Intermediate · Weekly
- UpsideHigh confidenceQuartersactive 4d
Watch for adjusted EPS in Q2 2026 above $0.60
Why it matters: Earnings per share over $0.60 shows strong performance. This means more profit.
What confirms / what disproves
Confirms:Adjusted EPS for Q2 2026 exceeds $0.60.
Disproves:Adjusted EPS for Q2 2026 is below $0.50.
Earnings call
News catalysts
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for HXL yet.
This sector is also watching
- Watch for impacts from upcoming FOMC decisions
- Watch for revenue growth speeding up in Industrials
What could change this view
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Intermediate · Weekly
Upside triggers
- If sector bellwethers like SPCX, GE, and RTX keep beating earnings and guiding higher, the Industrials sector momentum should keep lifting HXL and other Industrials names. Worth watching these names for early signals.
- If HXL raises forward guidance on the next earnings call (currently REAFFIRMED as of 2026-04-22), that's a momentum boost. Street estimates typically follow guidance up and the stock tends to re-rate higher.
Downside triggers
- If HXL cuts guidance on the next call (currently REAFFIRMED as of 2026-04-22), that's a meaningful negative. The Street tends to walk down estimates and the stock usually takes a leg lower.
- If sector bellwethers like SPCX, GE, and RTX start missing or guiding lower, the Industrials tailwind helping HXL and other Industrials names could fade. Watch these names for early warning.
- If GDP growth slows materially from the current 2.6% (say, below 2%), it hits HXL and other Industrials names harder than the average stock, since the sector is growth-sensitive.
Recent events
(material 8-K / filing activity)Material updates
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
- 2026-05-2820d agoItem 1.02
Termination of a Material Definitive Agreement. Hexcel Corporation (the “Company”) filed a Current Report on Form 8-K on April 30, 2026, disclosing its public offering of $400 million aggregate principal amount of 4.900% Senior Notes due 2031 (the “2031 Notes”). Also on such date, the Company disclosed that it had elected to redeem its 3.950% Senior Notes due 2027 (the “2027 Notes”). On May 28, 2026, the Company applied the net proceeds from the issuance of the 2031 Notes, together with cash…
M&A activitynegative
Score history
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
About the same as last weeklatest as of 2026-06-16
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.