Hexcel Corporation (NYSE:HXL) Stock Has Consensus Target Price of $106.00 According to Analysts

Shares of Hexcel Corporation (NYSE:HXL) have been given a consensus rating of “Hold” by the sixteen brokerages that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $105.17.

A number of equities research analysts recently commented on HXL shares. Jefferies Financial Group reduced their price objective on shares of Hexcel from $110.00 to $98.00 and set a “hold” rating for the company in a research report on Monday, September 28th. Wolfe Research cut Hexcel from an “outperform” rating to a “peer perform” rating in a research report on Friday, July 31st. Guggenheim began coverage on shares of Hexcel in a research report on Monday, September 14th. They set a “buy” rating and a $120.00 target price on the stock. Royal Bank Of Canada reiterated an “outperform” rating and issued a $115.00 price objective on shares of Hexcel in a research note on Wednesday, September 23rd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $100.00 target price on shares of Hexcel in a report on Tuesday, August 4th.

Insider Activity at Hexcel

In related news, insider Gina Fitzsimons sold 9,675 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $103.14, for a total value of $997,879.50. Following the sale, the insider owned 7,712 shares of the company’s stock, valued at approximately $795,415.68. This represents a 55.65% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Gail Lehman sold 13,829 shares of the company’s stock in a transaction on 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 completion of the sale, the insider owned 20,148 shares in the company, valued at $1,855,630.80. This represents a 40.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.84% of the company’s stock.

Institutional Trading of Hexcel

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new position in shares of Hexcel during the second quarter worth $1,422,742,000. Bank of America Corp DE purchased a new position in Hexcel in the 2nd quarter valued at about $216,948,000. Bank of New York Mellon Corp purchased a new stake in shares of Hexcel during the second quarter worth about $51,460,000. The Manufacturers Life Insurance Company purchased a new position in Hexcel in the second quarter valued at about $39,649,000. Finally, Norges Bank bought a new stake in shares of Hexcel in the fourth quarter worth $26,645,000. Hedge funds and other institutional investors own 95.47% of the company’s stock.

Hexcel Stock Down 0.2%

Hexcel stock opened at $84.97 on Wednesday. The stock has a 50 day moving average of $92.72 and a two-hundred day moving average of $92.78. Hexcel has a twelve month low of $60.82 and a twelve month high of $111.74. The stock has a market capitalization of $6.43 billion, a price-to-earnings ratio of 42.70, a PEG ratio of 1.22 and a beta of 1.10. The company has a current ratio of 2.43, a quick ratio of 1.37 and a debt-to-equity ratio of 0.74.

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

Hexcel Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Monday, August 10th were issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 0.8%. The ex-dividend date was Monday, August 10th. Hexcel’s dividend payout ratio (DPR) is 36.18%.

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.