With 0.89 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.29 million shares. The 52-week range on HXL shows that it touched its highest point at $71.05 and its lowest point at $45.28 during that stretch. It currently has a 1-year price target of $60.67. With its current market cap of 4.49 billion, HXL has annualized dividend of $0.64 while the current yield stands at 1.15%. Beta for the stock currently stands at 1.27.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HXL was up-trending over the past week, with a rise of 4.63%, but this was up by 10.59% over a month. Three-month performance dropped to -3.81% while six-month performance fell -12.73%. The stock lost -18.30% in the past year, while it has lost -10.93% so far this year. A look at the trailing 12-month EPS for HXL yields 1.52 with Next year EPS estimates of 2.51. For the next quarter, that number is 0.48. This implies an EPS growth rate of -7.43% for this year and 33.49% for next year. EPS is expected to grow by 15.49% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -14.94%.
Float and Shares Shorts:
At present, 80.40 million HXL shares are outstanding with a float of 79.75 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HXL since 8 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.03081 being high and $1.99099 being low. For HXL, this leads to a yearly average estimate of $2.0109.
