Hexcel: It Is Time To Buy The Stock (Rating Upgrade)
2025-01-21 07:02:53 ET
Summary
- Hexcel faces challenges from Boeing's production issues, aerospace supply chain problems, and a struggling Industrial segment, but expects higher airplane production in 2025.
- Despite pressures, Hexcel's Q3 sales grew 8.8%, with a notable 17.5% increase in commercial aerospace sales driven by Airbus and Boeing 787 programs.
- Analysts forecast Q4 2024 revenue growth of 4.25% and EPS growth of 20.85%, with full-year sales growth of 6.5% and EPS growth of 11%.
- Upgrading HXL from hold to buy due to expected 2025 airplane production predictability and a 27% upside potential, with a price target of $84.
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Hexcel: It Is Time To Buy The Stock (Rating Upgrade)NASDAQ: HXL
HXL Trading
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