Hexcel (NYSE:HXL) Price Target Raised to $120.00 at Wells Fargo & Company

Hexcel (NYSE:HXL) had its price objective increased by equities research analysts at Wells Fargo & Company from $95.00 to $120.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage presently has an “overweight” rating on the aerospace company’s stock. Wells Fargo & Company‘s price target points to a potential upside of 16.68% from the company’s current price.

Other equities analysts have also issued reports about the stock. UBS Group raised their target price on shares of Hexcel from $113.00 to $126.00 and gave the stock a “buy” rating in a research report on Friday. Bank of America downgraded shares of Hexcel from a “peer perform” rating to a “market perform” rating and set a $110.00 price objective for the company. in a research report on Monday. Weiss Ratings restated a “hold (c)” rating on shares of Hexcel in a research report on Friday, July 17th. Morgan Stanley raised their target price on Hexcel from $97.00 to $110.00 and gave the company an “equal weight” rating in a report on Friday. Finally, Wolfe Research lowered shares of Hexcel from an “outperform” rating to a “peer perform” rating in a research report on Friday. Four analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $103.27.

Hexcel Price Performance

HXL opened at $102.84 on Tuesday. The firm has a market cap of $7.78 billion, a price-to-earnings ratio of 51.55, a PEG ratio of 1.53 and a beta of 1.06. Hexcel has a 12-month low of $59.79 and a 12-month high of $111.74. The company has a current ratio of 2.43, a quick ratio of 1.37 and a debt-to-equity ratio of 0.74. The stock’s 50-day moving average price is $98.46 and its 200 day moving average price is $90.49.

Hexcel (NYSE:HXL) last released its earnings results on Wednesday, July 29th. The aerospace company reported $0.66 earnings per share (EPS) 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 during the quarter, compared to analyst estimates of $528.08 million. During the same period last year, the business posted $0.50 earnings per share. Hexcel’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. As a group, sell-side analysts expect that Hexcel will post 2.32 earnings per share for the current year.

Institutional Investors Weigh In On Hexcel

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Royal Bank of Canada lifted its stake in shares of Hexcel by 12.6% in the 1st quarter. Royal Bank of Canada now owns 119,501 shares of the aerospace company’s stock valued at $6,544,000 after purchasing an additional 13,374 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Hexcel by 7.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,360 shares of the aerospace company’s stock valued at $348,000 after buying an additional 468 shares in the last quarter. Caxton Associates LLP purchased a new stake in Hexcel during the first quarter worth approximately $234,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Hexcel by 14.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 274,522 shares of the aerospace company’s stock worth $15,033,000 after buying an additional 34,822 shares during the period. Finally, Geneos Wealth Management Inc. increased its position in shares of Hexcel by 138.7% in the first quarter. Geneos Wealth Management Inc. now owns 759 shares of the aerospace company’s stock worth $42,000 after acquiring an additional 441 shares in the last quarter. 95.47% of the stock is currently 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.