Hexcel (NYSE:HXL – Get Free Report) had its price target hoisted by analysts at Jefferies Financial Group from $95.00 to $105.00 in a research report issued on Monday,Benzinga reports. The brokerage presently has a “hold” rating on the aerospace company’s stock. Jefferies Financial Group’s price objective indicates a potential upside of 3.15% from the stock’s current price.
Other equities analysts have also recently issued research reports about the company. KeyCorp initiated coverage on Hexcel in a report on Wednesday, March 25th. They issued a “sector weight” rating for the company. BMO Capital Markets boosted their price target on Hexcel from $85.00 to $97.00 and gave the stock a “market perform” rating in a report on Friday, April 24th. Wells Fargo & Company initiated coverage on Hexcel in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $95.00 price objective for the company. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $79.00 price objective on shares of Hexcel in a report on Friday, April 24th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Hexcel in a report on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Hexcel currently has an average rating of “Hold” and a consensus price target of $91.91.
Get Our Latest Analysis on Hexcel
Hexcel Price Performance
Hexcel (NYSE:HXL – Get Free Report) last announced its quarterly earnings results on Wednesday, April 22nd. The aerospace company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.17. Hexcel had a net margin of 6.07% and a return on equity of 11.08%. The company had revenue of $501.50 million during the quarter, compared to the consensus estimate of $488.11 million. During the same period in the prior year, the business earned $0.37 earnings per share. The company’s revenue for the quarter was up 7.7% compared to the same quarter last year. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. On average, research analysts anticipate that Hexcel will post 2.25 earnings per share for the current year.
Hedge Funds Weigh In On Hexcel
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Price T Rowe Associates Inc. MD raised its holdings in Hexcel by 18.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 5,104,121 shares of the aerospace company’s stock worth $377,196,000 after purchasing an additional 790,320 shares during the last quarter. Alliancebernstein L.P. increased its position in shares of Hexcel by 122.7% during the third quarter. Alliancebernstein L.P. now owns 4,849,941 shares of the aerospace company’s stock worth $304,091,000 after buying an additional 2,671,682 shares during the period. State Street Corp raised its stake in Hexcel by 4.3% during the second quarter. State Street Corp now owns 4,690,924 shares of the aerospace company’s stock worth $264,990,000 after buying an additional 191,649 shares during the last quarter. Brandes Investment Partners LP raised its stake in Hexcel by 0.3% during the fourth quarter. Brandes Investment Partners LP now owns 2,506,068 shares of the aerospace company’s stock worth $185,199,000 after buying an additional 7,371 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its holdings in Hexcel by 23.0% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 2,289,145 shares of the aerospace company’s stock valued at $169,168,000 after buying an additional 428,541 shares during the period. 95.47% of the stock is owned by institutional investors and hedge funds.
Hexcel Company Profile
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.
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