Hexcel (NYSE:HXL – Get Free Report) released its quarterly earnings data on Wednesday. The aerospace company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.02, Zacks reports. The firm had revenue of $491.30 million for the quarter, compared to analysts’ expectations of $484.46 million. Hexcel had a net margin of 3.67% and a return on equity of 9.25%. The company’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.52 earnings per share. Hexcel updated its FY 2026 guidance to 2.100-2.300 EPS.
Hexcel Stock Down 1.7%
NYSE:HXL opened at $80.22 on Thursday. Hexcel has a 1-year low of $45.28 and a 1-year high of $84.64. The company has a 50-day moving average of $77.30 and a 200 day moving average of $68.70. The firm has a market cap of $6.39 billion, a PE ratio of 94.38, a price-to-earnings-growth ratio of 2.13 and a beta of 1.08. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.75 and a quick ratio of 1.50.
Wall Street Analysts Forecast Growth
Several equities research analysts recently weighed in on HXL shares. Royal Bank Of Canada boosted their price target on shares of Hexcel from $70.00 to $83.00 and gave the stock an “outperform” rating in a research report on Friday, October 24th. Morgan Stanley set a $67.00 price objective on shares of Hexcel and gave the stock an “underweight” rating in a research note on Wednesday, October 29th. Weiss Ratings restated a “hold (c)” rating on shares of Hexcel in a research report on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $65.00 price target on shares of Hexcel in a report on Wednesday, October 8th. Finally, TD Cowen reissued a “hold” rating on shares of Hexcel in a research note on Friday, October 24th. Three equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $74.40.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in HXL. State Street Corp increased its position in shares of Hexcel by 4.3% during the second quarter. State Street Corp now owns 4,690,924 shares of the aerospace company’s stock worth $264,990,000 after purchasing an additional 191,649 shares in the last quarter. Bank of America Corp DE boosted its position in shares of Hexcel by 5.9% in the 2nd quarter. Bank of America Corp DE now owns 2,283,626 shares of the aerospace company’s stock worth $129,002,000 after purchasing an additional 126,338 shares in the last quarter. Alliancebernstein L.P. grew its stake in Hexcel by 1,918.9% during the 2nd quarter. Alliancebernstein L.P. now owns 2,178,259 shares of the aerospace company’s stock worth $123,050,000 after buying an additional 2,070,366 shares during the last quarter. Alyeska Investment Group L.P. purchased a new position in Hexcel during the 3rd quarter worth $123,233,000. Finally, Dimensional Fund Advisors LP raised its stake in Hexcel by 0.3% in the third quarter. Dimensional Fund Advisors LP now owns 1,507,115 shares of the aerospace company’s stock valued at $94,488,000 after buying an additional 3,920 shares during the last quarter. 95.47% of the stock is currently owned by hedge funds and other institutional investors.
Hexcel Company Profile
Hexcel Corporation is a global leader in advanced composite materials for aerospace and industrial applications. The company specializes in the development and manufacture of lightweight, high-performance products that enhance fuel efficiency, durability and structural strength. Its offerings are critical to the aerospace sector, where demand for lighter, more efficient aircraft drives continuous innovation in materials.
Hexcel’s product portfolio encompasses carbon fiber reinforcements, pre-impregnated composites (prepregs), honeycomb core, engineered adhesives and structural film adhesives.
Recommended Stories
- Five stocks we like better than Hexcel
- How a Family Trust May Be Able To Help Preserve Your Wealth
- Do not delete, read immediately
- NEW LAW: Congress Approves Setup For Digital Dollar?
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
- A U.S. “birthright” claim worth trillions – activated quietly
Receive News & Ratings for Hexcel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hexcel and related companies with MarketBeat.com's FREE daily email newsletter.
