Hexcel (NYSE:HXL) Raised to “Buy” at Wall Street Zen

Hexcel (NYSE:HXL) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

A number of other brokerages have also recently weighed in on HXL. Weiss Ratings reiterated a “hold (c)” rating on shares of Hexcel in a research report on Thursday, January 22nd. UBS Group set a $99.00 target price on shares of Hexcel in a research note on Friday, January 30th. Jefferies Financial Group upped their target price on shares of Hexcel from $75.00 to $90.00 and gave the stock a “hold” rating in a report on Sunday, February 1st. Morgan Stanley raised shares of Hexcel from an “underweight” rating to an “equal weight” rating and lifted their price target for the company from $67.00 to $90.00 in a report on Friday, January 30th. Finally, Royal Bank Of Canada boosted their price target on shares of Hexcel from $92.00 to $95.00 and gave the company an “outperform” rating in a research report on Friday, January 30th. Three investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Hexcel currently has a consensus rating of “Hold” and a consensus price target of $82.17.

Hexcel Price Performance

Shares of Hexcel stock opened at $89.84 on Friday. The firm has a market cap of $6.82 billion, a P/E ratio of 65.10, a price-to-earnings-growth ratio of 1.37 and a beta of 1.06. The firm’s 50-day simple moving average is $79.80 and its 200-day simple moving average is $70.83. Hexcel has a twelve month low of $45.28 and a twelve month high of $93.14. 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 (NYSE:HXL) last announced its quarterly earnings results on Wednesday, January 28th. The aerospace company reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.02. The firm had revenue of $491.30 million during the quarter, compared to analysts’ expectations of $484.46 million. Hexcel had a net margin of 5.78% and a return on equity of 9.54%. The company’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.52 earnings per share. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. As a group, research analysts expect that Hexcel will post 2.14 EPS for the current fiscal year.

Hedge Funds Weigh In On Hexcel

A number of large investors have recently modified their holdings of HXL. Royal Bank of Canada increased its holdings in shares of Hexcel by 12.6% in the first 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. boosted its position in Hexcel by 7.9% in the 1st 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 during the last quarter. Caxton Associates LLP acquired a new stake in shares of Hexcel in the 1st quarter valued at $234,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Hexcel by 14.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 274,522 shares of the aerospace company’s stock valued at $15,033,000 after buying an additional 34,822 shares during the period. Finally, Geneos Wealth Management Inc. raised its position in shares of Hexcel by 138.7% during 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 during the last quarter. 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.