Wells Fargo & Company Begins Coverage on Hexcel (NYSE:HXL)

Stock analysts at Wells Fargo & Company began coverage on shares of Hexcel (NYSE:HXL) in a research note issued on Wednesday. The firm set an “overweight” rating and a $95.00 price target on the aerospace company’s stock. Wells Fargo & Company‘s price target would indicate a potential upside of 17.31% from the company’s previous close.

A number of other research analysts have also issued reports on HXL. KeyCorp assumed coverage on Hexcel in a report on Wednesday, March 25th. They issued a “sector weight” rating for the company. The Goldman Sachs Group upped their target price on shares of Hexcel from $67.00 to $75.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 20th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $85.00 target price on shares of Hexcel in a report on Friday, January 30th. Bank of America upgraded shares of Hexcel from an “underperform” rating to a “neutral” rating and lifted their price target for the stock from $60.00 to $95.00 in a research note on Thursday, February 12th. Finally, Jefferies Financial Group increased their price objective on shares of Hexcel from $75.00 to $90.00 and gave the company a “hold” rating in a research report on Sunday, February 1st. Four research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $87.27.

Hexcel Stock Up 5.1%

Shares of HXL opened at $80.98 on Wednesday. The company’s 50-day simple moving average is $85.22 and its 200-day simple moving average is $76.11. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.25 and a current ratio of 2.26. Hexcel has a 1 year low of $45.28 and a 1 year high of $95.22. The stock has a market capitalization of $6.14 billion, a PE ratio of 58.68, a P/E/G ratio of 1.18 and a beta of 1.01.

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

Insiders Place Their Bets

In other news, insider Amy S. Evans sold 1,500 shares of the business’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $92.80, for a total transaction of $139,200.00. Following the completion of the sale, the insider owned 1,979 shares in the company, valued at approximately $183,651.20. The trade was a 43.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 2.03% of the company’s stock.

Institutional Investors Weigh In On Hexcel

Several hedge funds and other institutional investors have recently bought and sold shares of HXL. Prosperity Bancshares Inc acquired a new stake in shares of Hexcel during the fourth quarter worth about $36,000. Transamerica Financial Advisors LLC grew its stake in Hexcel by 181.1% during the 4th quarter. Transamerica Financial Advisors LLC now owns 506 shares of the aerospace company’s stock worth $37,000 after buying an additional 326 shares during the last quarter. Leonteq Securities AG acquired a new position in Hexcel during the fourth quarter worth approximately $38,000. MMA Asset Management LLC purchased a new stake in Hexcel in the third quarter valued at approximately $35,000. Finally, Covestor Ltd boosted its holdings in shares of Hexcel by 42.1% in the fourth quarter. Covestor Ltd now owns 570 shares of the aerospace company’s stock valued at $42,000 after acquiring an additional 169 shares during the period. 95.47% of the stock is currently owned by institutional investors and hedge funds.

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.