How to Buy Hexcel Stock
Hexcel Corp
Hexcel is a defense company located in Connecticut, United States, which is part of the Industrials sector, and is traded under the ticker HXL on the NYSE exchange.
Hexcel stock last closed at $66.35, down 0.7% from the previous day, and has decreased 6.76% in one year. It has underperformed other stocks in the Aerospace & Defense industry by 0.34 percentage points. Hexcel stock is currently +15.39% from its 52-week low of $57.50, and -13.93% from its 52-week high of $77.09.
At the moment, there are 81M shares of HXL outstanding. The market value of HXL is $5.37B. In the last 24 hours, 3.24M HXL shares were traded.
How to Buy Hexcel Stock
Not sure how to invest in Hexcel stock? Here's how.
- Choose where to buy Hexcel stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy Hexcel stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your investment account: Pick your payment method and add your details.
- Research Hexcel stock: The Hexcel ticker symbol is HXL. Is Hexcel stock a good investment? Should you buy shares of HXL? How do HXL's underlying business fundamentals look? Do top analysts think Hexcel is a good buy? Why has HXL's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if HXL is a good stock to buy).
- Place your HXL buy order: Decide if you will purchase HXL shares at the current market price or use a limit order to buy HXL shares at a particular price.
- Keep an eye on your investment in HXL: Create a watchlist to the latest updates on your position in Hexcel shares.
Step 1: Choose where to buy Hexcel stock
You need a brokerage account to access the NYSE market and buy HXL stock.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the best brokerage, you'll need to fill out some personal info so you can buy HXL today.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to open your new trading account.
- Submit your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've finished signing up on the stocks app, your next step is to transfer the money for your investment:
Check out this video walkthrough for more details transferring money into your investment account.
Step 4: Research Hexcel stock
Once you have chosen the best place to buy Hexcel stock, it's critical to evaluate their stock prior to investing, so you actually understand the risk and opportunity.
Hexcel Numbers
Fundamentals of Hexcel
WallStreetZen was designed to help average investors perform more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on HXL's stock page.
Is HXL stock properly valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge HXL's intrinsic value.
Using relative valuations metrics:
- HXL may be overvalued based on its P/E ratio of 49.89x, relative to Aerospace & Defense industry P/E ratio of 34.09x
- HXL could be undervalued based on its P/B ratio of 3.38x, relative to Aerospace & Defense industry P/B ratio of 6.42x
- HXL could be overvalued based on its PEG ratio of 1.12x
You can access more valuation analysis on HXL's stock here.
HXL Financial Overview
Pros:
- HXL earnings of $156.20M is not enough to cover its interest payments.
- HXL's operating cash flow of $286.30M allows it to safely service it's debt of $805.20M.
- There are more short-term assets than short-term liabilities on the HXL balance sheet.
- Total HXL debt is lower than 5 years ago, relative to shareholder equity.
Cons:
- HXL profit margin has gone down from 9.1% to 5.7% in the past year.
- There are more long-term liabilities than short-term assets on the HXL balance sheet.
- HXL has a relatively high debt to equity ratio of 0.8.
Do analysts think it's a good time to buy HXL stock
Out of 8 Equities analysts who give recommendations on HXL, the consensus analyst rating on HXL is a Hold
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
Latest HXL Analyst Upgrades/Downgrades
Michael Ciarmoli, a top 3% analyst from Truist Securities maintains HXL with a strong buy rating and lowers their HXL price target from $78.00 to $76.00, on Oct 18, 2024.
Robert Stallard, a top 29% analyst from Vertical Research downgrades HXL to a hold rating and announces their HXL price target of $65.00, on Oct 10, 2024.
Kristine Liwag, a top 9% analyst from Morgan Stanley maintains HXL with a strong sell rating and lowers their HXL price target from $63.00 to $61.00, on Jul 22, 2024.
You can dive deeper into what analysts are projecting on the Hexcel stock forecast page.
HXL Momentum
Is HXL Growing Revenue?
Last year, HXL earnings were $108.10M. In the past 5 year, HXL's earnings have increased by -17.69% per year. This was slower than the Aerospace & Defense industry average of 5.26%.
Last year, HXL revenue was $1.89B. During the past 5 year, HXL's revenue has gone up by -4.32% per year. This was slower than the Aerospace & Defense industry average of 13.38%.
Learn more about HXL's earnings and revenue performance here.
What are HXL executives and large shareholders up to?
Over the past year, insiders at HXL have sold more shares than they have bought.
Nick L. Stanage, Director of HXL, was the latest HXL insider to buy. They bought $2,487,168.88 worth of HXL shares on Dec 5, 2024.
Dig into more about who owns HXL stock here.
Can I rely on HXL as an income stream?
Hexcel pays a dividend of 0.9%, compared to the Aerospace & Defense industry's average dividend yield of 1.57%. If you owned $1,000 worth of HXL stock, you would have received $9.04 last year.
Hexcel dividend payments have consistently grown over the past decade but have not remained stable.
Get more data about Hexcel dividend yield and history here.
Get analysis from other traders
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Place your HXL buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly sufficient. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount, use a limit order.
Hit the Open button and eToro will place the order.
If you want more info about buying stocks on eToro, watch the how to video below:
Step 6: Keep an eye on your investment in HXL
Now that you own some shares in HXL, you'll want to keep up with your new stock purchase.
Create a watchlist to track your HXL stock.
HXL Feed
How to Buy Stock in Hexcel
To reiterate, here are the 6 steps for buying Hexcel stock:
- Choose where to buy Hexcel stock
- Open your brokerage account
- Fund your investment account
- Research Hexcel stock
- Place your HXL buy order
- Keep an eye on your investment in HXL
If you need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep tabs on your new investment in Hexcel, add HXL to your watchlist by clicking the button below.
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