Hexcel Corporation (HXL) & Astronics Corporation (NASDAQ:ATRO) Critical Survey
Hexcel Corporation (NYSE: HXL) and Astronics Corporation (NASDAQ:ATRO) are both aerospace companies, but which is the better business? We will contrast the two companies based on the strength of their analyst recommendations, earnings, risk, valuation, profitabiliy, institutional ownership and dividends.
Hexcel Corporation pays an annual dividend of $0.50 per share and has a dividend yield of 0.9%. Astronics Corporation does not pay a dividend. Hexcel Corporation pays out 18.3% of its earnings in the form of a dividend.
Risk and Volatility
Hexcel Corporation has a beta of 1.04, suggesting that its share price is 4% more volatile than the S&P 500. Comparatively, Astronics Corporation has a beta of 1.13, suggesting that its share price is 13% more volatile than the S&P 500.
This is a summary of recent recommendations and price targets for Hexcel Corporation and Astronics Corporation, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Hexcel Corporation currently has a consensus price target of $56.75, indicating a potential upside of 6.23%. Astronics Corporation has a consensus price target of $34.50, indicating a potential upside of 34.19%. Given Astronics Corporation’s higher possible upside, analysts plainly believe Astronics Corporation is more favorable than Hexcel Corporation.
Insider and Institutional Ownership
63.9% of Astronics Corporation shares are owned by institutional investors. 2.1% of Hexcel Corporation shares are owned by company insiders. Comparatively, 16.5% of Astronics Corporation shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
This table compares Hexcel Corporation and Astronics Corporation’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Earnings & Valuation
This table compares Hexcel Corporation and Astronics Corporation’s gross revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||EBITDA||Earnings Per Share||Price/Earnings Ratio|
|Hexcel Corporation||$1.95 billion||2.46||$442.00 million||$2.73||19.57|
|Astronics Corporation||$612.68 million||1.19||$86.54 million||$1.38||18.63|
Hexcel Corporation has higher revenue and earnings than Astronics Corporation. Astronics Corporation is trading at a lower price-to-earnings ratio than Hexcel Corporation, indicating that it is currently the more affordable of the two stocks.
Hexcel Corporation beats Astronics Corporation on 10 of the 15 factors compared between the two stocks.
About Hexcel Corporation
Hexcel Corporation is a composites company. The Company develops, manufactures, and markets lightweight, structural materials, including carbon fibers, specialty reinforcements, prepregs and other fiber-reinforced matrix materials, honeycomb, adhesives, engineered honeycomb and structures, for use in Commercial Aerospace, Space and Defense and Industrial markets. It operates in two segments: Composite Materials and Engineered Products. The Composite Materials segment consists of its carbon fiber, specialty reinforcements, resins, prepregs and other fiber-reinforced matrix materials, and honeycomb core product lines. The Engineered Products segment consists of lightweight structures, molded components, engineered core and honeycomb products with added functionality. Its products are used in a range of end applications, such as commercial and military aircraft, space launch vehicles and satellites, wind turbine blades, automotive, and recreational products.
About Astronics Corporation
Astronics Corporation is a supplier of products to the aerospace, defense, electronics and semiconductor industries. The Company’s products and services include electrical power generation, distribution and motion systems, lighting and safety systems, avionics products, aircraft structures, systems certification and automated test systems. The Company operates through two segments: Aerospace and Test Systems. The Aerospace segment designs and manufactures products for the global aerospace industry. Its product lines include lighting and safety systems, electrical power generation, distribution and motions systems, aircraft structures, avionics products, systems certification and other products. The Test Systems segment designs, develops, manufactures and maintains automated test systems that support the semiconductor, aerospace, communications and weapons test systems, as well as training and simulation devices for both commercial and military applications.
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