Hexcel Corp

HXL: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$22.00	Mbwfyqf	Smpsvzlw

Hexcel Continues To Produce Operating Leverage With Increased Aircraft Production in Q2

Burkett Huey

Jul 27, 2022

Narrow-moat-rated Hexcel, a supplier of advanced composite materials, posted improved sales and margins as the firm re-ramps production to meet rebounding new plane demand. Second-quarter sales of $393 million and adjusted earnings per share of $0.33 beat FactSet expectations by 1.0% and 10.0%, respectively. We are increasing our fair value estimate for Hexcel to $57 per share from $56 due to the time value of money.

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