Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>Hexcel Corporation recently reported its financial results for the fourth quarter and the full year of 2024 in a period marked by continued challenges in the aerospace sector.</li><li>Despite these hurdles, Hexcel managed to display a solid operational performance that largely aligned with or exceeded its guidance, underpinned by its expertise in advanced composite materials critical for modern aircraft.</li><li>On a positive note, Hexcel achieved sales of $1.903 billion for the year—representing a 6.4% increase over 2023—and adjusted earnings per share (EPS) of $2.03.</li></ul>

Hexcel Corporation recently reported its financial results for the fourth quarter and the full year of 2024 in a period marked by continued challenges in the aerospace sector.Despite these hurdles, Hexcel managed to display a solid operational performance that largely aligned with or exceeded its guidance, underpinned by its expertise in advanced composite materials critical for modern aircraft.On a positive note, Hexcel achieved sales of $1.903 billion for the year—representing a 6.4% increase over 2023—and adjusted earnings per share (EPS) of $2.03.

Hexcel Corporation Unleashes Next-Gen Materials Innovation—The Aerospace Goldmine You Need to Watch!

<ul><li>Hexcel Corporation's third-quarter 2024 earnings results highlight both positive growth and notable challenges, reflecting the complexities of the markets they serve.</li><li>The company's revenue reached $457 million, marking an 8% increase year-over-year, driven significantly by a robust 17% growth in the commercial aerospace sector.</li><li>Key aerospace programs, including the Airbus A350, A320neo, and Boeing 787, contributed to this growth, illustrating continued demand for fuel-efficient aircraft composites.</li></ul>

Hexcel Corporation's third-quarter 2024 earnings results highlight both positive growth and notable challenges, reflecting the complexities of the markets they serve.The company's revenue reached $457 million, marking an 8% increase year-over-year, driven significantly by a robust 17% growth in the commercial aerospace sector.Key aerospace programs, including the Airbus A350, A320neo, and Boeing 787, contributed to this growth, illustrating continued demand for fuel-efficient aircraft composites.

Hexcel Corporation: Here Are The Six Major Forces Shaping Its Performance In 2025 & Beyond! - Major Drivers

<ul><li>Hexcel Corporation has presented its second quarter 2024 results, which showed a commendable performance in several areas, although it also came with cautious revisions for future expectations due to emerging market conditions.</li><li>This detailed analysis seeks to outline both strengths and challenges as elucidated during the earnings call.</li><li>Baptista Research looks to evaluate the different factors that could influence the company's price in the near future and attempts to carry out an independent valuation of the company using a Discounted Cash Flow (DCF) methodology.</li></ul>

Hexcel Corporation has presented its second quarter 2024 results, which showed a commendable performance in several areas, although it also came with cautious revisions for future expectations due to emerging market conditions.This detailed analysis seeks to outline both strengths and challenges as elucidated during the earnings call.Baptista Research looks to evaluate the different factors that could influence the company's price in the near future and attempts to carry out an independent valuation of the company using a Discounted Cash Flow (DCF) methodology.

Hexcel Corp - cCorporation: Initiation Of Coverage - Their Business Strategy

Research from Water Tower Research, Water Tower Research

Water Tower Research

Research from Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

Equity Research Firm

Thematic (Sector/Industry)

<ul><li>Political policies could affect markets across the spectrum.</li><li>The incoming administration’s more hawkish attitude when it comes to potentially destabilizing implementation of tariffs as a political rather than economic tool could result in greater volatility when it comes to commodity and finished goods pricing and availability, while its greater focus on domestic energy production and onshoring of supply chains could provide opportunities and lead to lower energy and logistics costs.</li><li><p>Lower energy and feedstock costs could drive margin improvement. </p></li></ul>

Political policies could affect markets across the spectrum.The incoming administration’s more hawkish attitude when it comes to potentially destabilizing implementation of tariffs as a political rather than economic tool could result in greater volatility when it comes to commodity and finished goods pricing and availability, while its greater focus on domestic energy production and onshoring of supply chains could provide opportunities and lead to lower energy and logistics costs.Lower energy and feedstock costs could drive margin improvement. 

WTR Small-Cap Spotlight Recap - Trends That Could Shape Chemicals and Materials Industries in 2025

<ul><li>WTR-CMI in 2024. Last year was difficult for specialty chemicals and materials stocks, with our WTR-CMI Index posting a rather modest 5% gain for the year, affected by &gt;40% Y/Y declines in lithium stocks.</li><li>The index’s performance was well off the pace of the Russell 2000 and S&amp;P 500, which posted returns of 10.8% and 24%, respectively, driven by the extraordinary gains of the “magnificent seven” tech and media stocks.</li><li>On a positive note, RYAM’s stock price nearly doubled during the year, driven by an <span style="font-size: var(--content-font-size);">improving pricing environment, better sales mix, and cost </span>containment efforts, as well as the ramp-up of the company’s Biomaterials business. </li></ul>

WTR-CMI in 2024. Last year was difficult for specialty chemicals and materials stocks, with our WTR-CMI Index posting a rather modest 5% gain for the year, affected by &gt;40% Y/Y declines in lithium stocks.The index’s performance was well off the pace of the Russell 2000 and S&amp;P 500, which posted returns of 10.8% and 24%, respectively, driven by the extraordinary gains of the “magnificent seven” tech and media stocks.On a positive note, RYAM’s stock price nearly doubled during the year, driven by an improving pricing environment, better sales mix, and cost containment efforts, as well as the ramp-up of the company’s Biomaterials business. 

Mat-Chem Notes - Looking Ahead by Looking Back at 2024

United States

Hexcel Corporation develops, manufactures, and markets reinforcement products, composite materials, and engineered products.  The Company's products are used in the commercial aerospace, space and defense, electronics, general industrial, and recreation markets for a variety of end products.  Hexcel operates around the world.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Hexcel Corp (HXL US)

Hexcel Corporation Unleashes Next-Gen Materials Innovation—The Aerospace Goldmine You Need to Watch!

Hexcel Corporation recently reported its financial results for the fourth quarter and the full year of 2024 in a period marked by continued...

Baptista Research

Hexcel Corporation: Here Are The Six Major Forces Shaping Its Performance In 2025 & Beyond! - Major Drivers

Hexcel Corporation's third-quarter 2024 earnings results highlight both positive growth and notable challenges, reflecting the complexities of the...

Baptista Research

Hexcel Corp - cCorporation: Initiation Of Coverage - Their Business Strategy

Hexcel Corporation has presented its second quarter 2024 results, which showed a commendable performance in several areas, although it also came...

Baptista Research

WTR Small-Cap Spotlight Recap - Trends That Could Shape Chemicals and Materials Industries in 2025

On the latest WTR Small-Cap Spotlight, we discussed our high-level views of the specialty chemicals and materials technology industries heading...

Water Tower Research

Mat-Chem Notes - Looking Ahead by Looking Back at 2024

Last year was difficult for specialty chemicals and materials stocks, with our WTR-CMI Index posting a rather modest 5% gain for the year, affected...

Water Tower Research

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)