Composite materials manufacturer Hexcel Corporation (NYSE:HXL) announced on Monday that a profit for the Q1 that surged 10% from previous year, reflecting improved margins and revenue growth among double-digit commercial aerospace sales surges. EPS for the quarter analysts’ predictions by two cents, while and quarterly revenues lower their anticipates by a whisker. The firm also lifted its earnings estimate for the full-year 2013, while maintaining annual revenue outlook.
This was one more high-quality start to the year for Hexcel, as solid execution mutual with continued strong aerospace sales delivered outstanding results. CEO David Berges declared in a statement that their adjusted diluted EPS of $0.43 was 10.3 percent higher than previous year for the quarter, on a 3.9 percent surge in constant currency sales.
Hexcel Corporation (NYSE:HXL) stock hit highest price at $28.76, beginning with a price of $28.65 and reported increased +1.82% to the closed at $28.60 with day range of $28.17-$28.76. The total market capitalization remained $2.87 billion, total volume held in the session was 827,671 shares surprisingly higher than its average volume of 549,151 shares.
To check the Stocks ups and downs, HXL last week stock price volatility remained 2.29% and month was at 2.31%. HXL generated revenue of 1.58 billion in the following twelve months income of $164.30 million. The Company showed a positive 10.37% in the net profit margin and in addition to in its operating margin which remained 15.76%. Company’s annual sales growth for the past five year was 6.15%.
The HXL past twelve months price to sales ratio was 1.82and price to cash ratio remained 87.90. As far as if notice on other major contributors of similar sectors have sale ratio and price to cash ratio remained The Boeing Company (NYSE:BA)’s P/S 0.81% P/C 4.86%, B/E Aerospace Inc (NASDAQ:BEAV)’s P/S 2.07% P/C 12.41%, FLIR Systems, Inc. (NASDAQ:FLIR)’s P/S 2.47% P/C 10.77%, Lockheed Martin Corporation (NYSE:LMT)’s P/S 0.65% P/C 16.25%.
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