Analysts Set Hexcel Corporation (NYSE:HXL) PT at $107.18

Hexcel Corporation (NYSE:HXL) has received a consensus recommendation of “Hold” from the sixteen ratings firms that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and six have given a buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $108.25.

Several brokerages have recently commented on HXL. Wells Fargo & Company increased their target price on Hexcel from $95.00 to $120.00 and gave the stock an “overweight” rating in a report on Tuesday, August 4th. Wall Street Zen cut Hexcel from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 16th. The Goldman Sachs Group upped their price target on shares of Hexcel from $88.00 to $97.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 4th. Weiss Ratings upgraded shares of Hexcel from a “hold (c)” rating to a “buy (b-)” rating in a research report on Tuesday, August 4th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $100.00 price objective on shares of Hexcel in a research report on Tuesday, August 4th.

Insider Activity at Hexcel

In related news, insider Gina Fitzsimons sold 9,675 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $103.14, for a total value of $997,879.50. Following the completion of the transaction, the insider owned 7,712 shares in the company, valued at $795,415.68. The trade was a 55.65% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Gail Lehman sold 13,829 shares of the company’s stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $92.10, for a total value of $1,273,650.90. Following the transaction, the insider directly owned 20,148 shares in the company, valued at approximately $1,855,630.80. This represents a 40.70% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 1.84% of the company’s stock.

Hedge Funds Weigh In On Hexcel

Large investors have recently made changes to their positions in the company. Sequoia Financial Advisors LLC boosted its stake in shares of Hexcel by 2.3% in the 1st quarter. Sequoia Financial Advisors LLC now owns 5,340 shares of the aerospace company’s stock valued at $432,000 after purchasing an additional 119 shares during the last quarter. Central Pacific Bank Trust Division raised its stake in Hexcel by 7.1% during the second quarter. Central Pacific Bank Trust Division now owns 1,803 shares of the aerospace company’s stock worth $180,000 after buying an additional 120 shares during the last quarter. Clearstead Advisors LLC lifted its holdings in Hexcel by 18.2% in the fourth quarter. Clearstead Advisors LLC now owns 817 shares of the aerospace company’s stock valued at $60,000 after buying an additional 126 shares during the period. Waverly Advisors LLC lifted its holdings in Hexcel by 3.9% in the second quarter. Waverly Advisors LLC now owns 3,598 shares of the aerospace company’s stock valued at $360,000 after buying an additional 134 shares during the period. Finally, Parvin Asset Management LLC boosted its position in Hexcel by 16.3% during the first quarter. Parvin Asset Management LLC now owns 1,035 shares of the aerospace company’s stock valued at $84,000 after acquiring an additional 145 shares during the last quarter. Institutional investors and hedge funds own 95.47% of the company’s stock.

Hexcel Stock Down 0.3%

Shares of HXL opened at $91.11 on Friday. The company has a market capitalization of $6.89 billion, a P/E ratio of 45.78, a PEG ratio of 1.31 and a beta of 1.05. Hexcel has a one year low of $60.26 and a one year high of $111.74. The business’s 50 day simple moving average is $99.15 and its 200-day simple moving average is $92.81. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.43 and a quick ratio of 1.37.

Hexcel (NYSE:HXL) last released its quarterly earnings results on Wednesday, July 29th. The aerospace company reported $0.66 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.09. Hexcel had a return on equity of 12.34% and a net margin of 7.76%.The firm had revenue of $529.30 million during the quarter, compared to analysts’ expectations of $528.08 million. During the same period last year, the firm posted $0.50 EPS. The business’s revenue was up 8.0% on a year-over-year basis. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. As a group, sell-side analysts predict that Hexcel will post 2.36 EPS for the current fiscal year.

Hexcel Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Monday, August 10th were issued a $0.18 dividend. The ex-dividend date of this dividend was Monday, August 10th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.8%. Hexcel’s dividend payout ratio (DPR) is currently 36.18%.

About Hexcel

Hexcel Corporation (NYSE:HXL) develops and manufactures advanced composite materials and structural solutions for the aerospace, defense, space, and industrial markets. Its products are designed to provide high strength and stiffness while reducing weight compared with many traditional materials.

The company’s portfolio includes carbon fibers, specialty reinforcements, prepregs, honeycomb sandwich structures, adhesives, and composite tooling materials. These products are used in aircraft structures, helicopter components, rocket and satellite systems, wind turbine blades, and other applications that require lightweight, durable, and high-performance materials.

Hexcel traces its history to 1946 and serves customers through manufacturing operations and commercial activities in North America, Europe, and Asia-Pacific.