Hexcel (NYSE:HXL) Sets New 1-Year High After Analyst Upgrade

Shares of Hexcel Corporation (NYSE:HXL) reached a new 52-week high on Monday after Jefferies Financial Group raised their price target on the stock from $95.00 to $105.00. Jefferies Financial Group currently has a hold rating on the stock. Hexcel traded as high as $101.98 and last traded at $101.60, with a volume of 212971 shares traded. The stock had previously closed at $99.31.

Several other equities research analysts have also recently issued reports on HXL. BMO Capital Markets boosted their price objective on shares of Hexcel from $85.00 to $97.00 and gave the company a “market perform” rating in a research report on Friday, April 24th. Weiss Ratings reissued a “hold (c)” rating on shares of Hexcel in a research note on Tuesday, April 21st. KeyCorp assumed coverage on Hexcel in a research report on Wednesday, March 25th. They set a “sector weight” rating for the company. Royal Bank Of Canada reissued an “outperform” rating and set a $105.00 price target on shares of Hexcel in a research report on Friday, April 24th. Finally, Wells Fargo & Company initiated coverage on Hexcel in a report on Wednesday, April 1st. They issued an “overweight” rating and a $95.00 price objective for the company. 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’s stock. According to MarketBeat, Hexcel presently has an average rating of “Hold” and a consensus target price of $91.91.

Institutional Investors Weigh In On Hexcel

A number of hedge funds and other institutional investors have recently bought and sold shares of HXL. GHP Investment Advisors Inc. purchased a new position in Hexcel in the first quarter worth $28,000. Cedar Mountain Advisors LLC acquired a new position in Hexcel during the 1st quarter valued at about $37,000. Prosperity Bancshares Inc purchased a new stake in Hexcel in the fourth quarter valued at about $36,000. Transamerica Financial Advisors LLC boosted its holdings in Hexcel by 181.1% in the fourth quarter. Transamerica Financial Advisors LLC now owns 506 shares of the aerospace company’s stock worth $37,000 after acquiring an additional 326 shares in the last quarter. Finally, Leonteq Securities AG purchased a new stake in shares of Hexcel during the fourth quarter worth about $38,000. Hedge funds and other institutional investors own 95.47% of the company’s stock.

Hexcel Trading Down 1.1%

The stock has a market cap of $7.56 billion, a price-to-earnings ratio of 65.90, a P/E/G ratio of 1.53 and a beta of 1.05. The company has a debt-to-equity ratio of 0.79, a current ratio of 2.45 and a quick ratio of 1.37. The company’s fifty day moving average price is $93.45 and its 200-day moving average price is $86.84.

Hexcel (NYSE:HXL) last issued its quarterly earnings results on Wednesday, April 22nd. The aerospace company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.17. Hexcel had a net margin of 6.07% and a return on equity of 11.08%. The business had revenue of $501.50 million for the quarter, compared to analyst estimates of $488.11 million. During the same quarter in the prior year, the business posted $0.37 EPS. Hexcel’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 expect that Hexcel Corporation will post 2.25 EPS for the current fiscal year.

Hexcel Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, May 11th. Shareholders of record on Monday, May 4th were paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 0.7%. The ex-dividend date was Monday, May 4th. Hexcel’s payout ratio is presently 47.37%.

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.