Professional
Added to YB: 2024-07-26
Pitch date: 2024-06-30
HXL [bullish]
Hexcel Corporation
+18.17%
current return
Author Info
No bio for this author
Company Info
Hexcel Corporation develops, manufactures, and markets carbon fibers, structural reinforcements, honeycomb structures, resins, and composite materials and parts for use in commercial aerospace, space and defense, and industrial applications.
Market Cap
$5.8B
Pitch Price
$61.82
Price Target
N/A
Dividend
0.93%
EV/EBITDA
19.22
P/E
86.51
EV/Sales
3.45
Sector
Aerospace and Defense
Category
value
Heartland Value Fund New Position: Hexcel Corporation
HXL: Aerospace supplier trading below M&A multiples. New CEO appointment caused selloff, but oversold. Diversifying into defense, strong in wide-body aircraft composites. Post-pandemic recovery ongoing. Insider buying, including $1M by outgoing CEO. Attractive valuation vs cash flow. Board experienced in aerospace/defense. 3rd inning of long-term recovery.
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