Hexcel Corporation (NYSE:HXL)‘s stock had its “hold” rating restated by analysts at Jefferies Group LLC in a report released on Friday. They currently have a $50.00 price objective on the aerospace company’s stock. Jefferies Group LLC’s price objective would suggest a potential downside of 12.92% from the stock’s current price.

Other analysts have also issued reports about the stock. Loop Capital started coverage on shares of Hexcel Corporation in a report on Thursday. They issued a “hold” rating and a $61.00 price objective for the company. Cowen and Company reaffirmed a “buy” rating and set a $57.00 target price on shares of Hexcel Corporation in a research note on Monday, July 24th. Zacks Investment Research downgraded shares of Hexcel Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, August 24th. BidaskClub raised shares of Hexcel Corporation from a “sell” rating to a “hold” rating in a research note on Sunday, July 16th. Finally, Vertical Research downgraded shares of Hexcel Corporation from a “buy” rating to a “hold” rating and decreased their target price for the company from $58.00 to $54.00 in a research note on Wednesday, July 26th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $57.55.

Shares of Hexcel Corporation (NYSE:HXL) opened at 57.42 on Friday. Hexcel Corporation has a 12 month low of $41.03 and a 12 month high of $58.24. The company has a market capitalization of $5.16 billion, a price-to-earnings ratio of 21.03 and a beta of 1.04. The company has a 50-day moving average price of $53.30 and a 200-day moving average price of $52.67.

Hexcel Corporation (NYSE:HXL) last issued its quarterly earnings data on Monday, July 24th. The aerospace company reported $0.67 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.69 by ($0.02). Hexcel Corporation had a return on equity of 18.69% and a net margin of 12.99%. The company had revenue of $491.30 million during the quarter, compared to analysts’ expectations of $518.29 million. During the same quarter last year, the business earned $0.70 earnings per share. The business’s quarterly revenue was down 6.0% on a year-over-year basis. On average, equities analysts anticipate that Hexcel Corporation will post $2.68 EPS for the current year.

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Several institutional investors and hedge funds have recently made changes to their positions in HXL. The Manufacturers Life Insurance Company increased its position in shares of Hexcel Corporation by 6.9% during the second quarter. The Manufacturers Life Insurance Company now owns 3,098 shares of the aerospace company’s stock valued at $163,000 after acquiring an additional 200 shares in the last quarter. Nomura Holdings Inc. bought a new stake in shares of Hexcel Corporation during the second quarter valued at approximately $202,000. Pacad Investment Ltd. bought a new stake in shares of Hexcel Corporation during the second quarter valued at approximately $206,000. AHL Partners LLP bought a new stake in shares of Hexcel Corporation during the second quarter valued at approximately $207,000. Finally, HighTower Advisors LLC bought a new stake in shares of Hexcel Corporation during the first quarter valued at approximately $219,000. 96.78% of the stock is owned by institutional investors.

About Hexcel Corporation

Hexcel Corporation is a composites company. The Company develops, manufactures, and markets lightweight, structural materials, including carbon fibers, specialty reinforcements, prepregs and other fiber-reinforced matrix materials, honeycomb, adhesives, engineered honeycomb and structures, for use in Commercial Aerospace, Space and Defense and Industrial markets.

Analyst Recommendations for Hexcel Corporation (NYSE:HXL)

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