Royal Bank Of Canada Has Lowered Expectations for Hexcel (NYSE:HXL) Stock Price

Hexcel (NYSE:HXL) had its price objective cut by stock analysts at Royal Bank Of Canada from $115.00 to $105.00 in a report released on Thursday, Benzinga reports. The brokerage currently has an “outperform” rating on the aerospace company’s stock. Royal Bank Of Canada’s target price would indicate a potential upside of 17.02% from the stock’s previous close.

Several other analysts have also weighed in on HXL. Wall Street Zen lowered Hexcel from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 16th. Morgan Stanley boosted their target price on Hexcel from $97.00 to $110.00 and gave the stock an “equal weight” rating in a research note on Friday, July 31st. Guggenheim assumed coverage on shares of Hexcel in a report on Monday, September 14th. They issued a “buy” rating and a $120.00 target price for the company. Bank of America downgraded shares of Hexcel from a “peer perform” rating to a “market perform” rating and set a $110.00 price target on the stock. in a research note on Monday, August 3rd. Finally, Seaport Research Partners raised shares of Hexcel from a “neutral” rating to a “buy” rating and set a $104.00 price target on the stock in a report on Sunday. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $104.33.

Hexcel Price Performance

HXL traded up $1.99 during trading on Thursday, hitting $89.72. 151,844 shares of the stock traded hands, compared to its average volume of 1,082,589. Hexcel has a twelve month low of $60.82 and a twelve month high of $111.74. The company has a market cap of $6.79 billion, a price-to-earnings ratio of 45.05, a PEG ratio of 1.23 and a beta of 1.10. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.43 and a quick ratio of 1.37. The business has a 50 day moving average price of $91.68 and a 200 day moving average price of $92.99.

Hexcel (NYSE:HXL) last issued its 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 for the quarter, compared to the consensus estimate of $528.08 million. During the same quarter last year, the business posted $0.50 EPS. The company’s revenue was up 8.0% compared to the same quarter last year. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. Equities research analysts forecast that Hexcel will post 2.36 earnings per share for the current fiscal year.

Insider Transactions at Hexcel

In other Hexcel news, insider Gina Fitzsimons sold 9,675 shares of the stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $103.14, for a total value of $997,879.50. Following the completion of the transaction, the insider directly owned 7,712 shares in the company, valued at approximately $795,415.68. This trade represents a 55.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Gail E. Lehman sold 13,829 shares of Hexcel stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $92.10, for a total value of $1,273,650.90. Following the sale, the insider directly owned 20,148 shares in the company, valued at $1,855,630.80. The trade was a 40.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.84% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. GHP Investment Advisors Inc. bought a new stake in shares of Hexcel in the 1st quarter valued at $28,000. IFP Advisors Inc increased its position in shares of Hexcel by 566.0% during the second quarter. IFP Advisors Inc now owns 353 shares of the aerospace company’s stock worth $35,000 after buying an additional 300 shares during the period. Group One Trading LLC bought a new position in Hexcel during the second quarter worth $36,000. Cetera Trust Company N.A bought a new position in Hexcel during the second quarter worth $40,000. Finally, Cedar Mountain Advisors LLC acquired a new position in Hexcel in the first quarter valued at $37,000. Institutional investors and hedge funds own 95.47% of the company’s stock.

Hexcel Company Profile

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 help customers reduce weight, improve performance, and increase fuel efficiency in aircraft and other demanding applications.

The company’s product portfolio includes carbon fiber, specialty reinforcements, prepreg materials, honeycomb cores, adhesives, and other composite technologies. Hexcel also produces engineered composite structures and components used in commercial aircraft, military aircraft, helicopters, launch vehicles, satellites, and various industrial applications, including wind energy and transportation.

Hexcel traces its roots to the development of lightweight honeycomb materials in the mid-20th century and has expanded through research, manufacturing, and acquisitions into a global composites supplier.