looks negative for short term investors. The increased debt in the CS deal lowered the near term outlook. All I can say is this stock is a bottom drawer equity that may revive in a few quarters. No patience? Sell now, and good luck finding a better value than this stock. Meanwhile, for those who look at charts, this stock is at the bottom of a trough that is not unusual, in fact is a buying opportunity for those who think history repeats itself.
I take the issuance of the $275 million as positive as it gives HXL time and room to get its debt in order. Clearly HXL took on a lot of debt from the acquisition--but I feel better now that it's going to make the debt long term.
I too think this stock is going to be big winner in the future, but I would expect it to double within 12-18 months, so my timeline might be shorter than yours.