Hexcel (NYSE:HXL) Reaches New 12-Month High – What’s Next?

Hexcel Corporation (NYSE:HXL)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $89.00 and last traded at $87.6990, with a volume of 115634 shares changing hands. The stock had previously closed at $86.88.

Wall Street Analyst Weigh In

HXL has been the topic of several research reports. Morgan Stanley raised Hexcel from an “underweight” rating to an “equal weight” rating and upped their price target for the company from $67.00 to $90.00 in a research note on Friday, January 30th. Truist Financial set a $94.00 price objective on shares of Hexcel in a report on Friday, January 30th. TD Cowen restated a “hold” rating on shares of Hexcel in a research note on Friday, October 24th. BMO Capital Markets restated a “market perform” rating and issued a $85.00 target price on shares of Hexcel in a report on Friday, January 30th. Finally, Citigroup reiterated a “reduce” rating on shares of Hexcel in a report on Thursday, October 23rd. Three equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Hexcel currently has a consensus rating of “Hold” and an average target price of $81.00.

Hexcel Trading Up 1.2%

The business’s 50-day moving average price is $79.06 and its two-hundred day moving average price is $70.25. The firm has a market cap of $7.00 billion, a price-to-earnings ratio of 63.38, a price-to-earnings-growth ratio of 1.69 and a beta of 1.06. The company has a debt-to-equity ratio of 0.79, a current ratio of 2.26 and a quick ratio of 1.25.

Hexcel (NYSE:HXL) last announced its earnings results on Wednesday, January 28th. The aerospace company reported $0.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.02. The company had revenue of $491.30 million for the quarter, compared to analyst estimates of $484.46 million. Hexcel had a return on equity of 9.54% and a net margin of 5.78%.Hexcel’s quarterly revenue was up 3.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.52 EPS. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. Equities analysts expect that Hexcel Corporation will post 2.14 earnings per share for the current year.

Hexcel Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 17th. Stockholders of record on Monday, February 9th will be given a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 0.8%. This is an increase from Hexcel’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Monday, February 9th. Hexcel’s payout ratio is 52.17%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Trust Co. of Toledo NA OH acquired a new stake in Hexcel in the 2nd quarter worth approximately $26,000. NewSquare Capital LLC boosted its holdings in Hexcel by 379.0% during the second quarter. NewSquare Capital LLC now owns 479 shares of the aerospace company’s stock valued at $27,000 after purchasing an additional 379 shares in the last quarter. Hantz Financial Services Inc. acquired a new position in shares of Hexcel in the 2nd quarter worth approximately $28,000. Parkside Financial Bank & Trust boosted its stake in shares of Hexcel by 325.0% in the 2nd quarter. Parkside Financial Bank & Trust now owns 493 shares of the aerospace company’s stock valued at $28,000 after purchasing an additional 377 shares in the last quarter. Finally, MMA Asset Management LLC bought a new stake in Hexcel during the third quarter worth about $35,000. Institutional investors and hedge funds own 95.47% of the company’s stock.

About Hexcel

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.