Hexcel (NYSE:HXL) Coverage Initiated at Wells Fargo & Company

Analysts at Wells Fargo & Company started coverage on shares of Hexcel (NYSE:HXL) in a note issued to investors on Wednesday. The brokerage set an “overweight” rating and a $95.00 price target on the aerospace company’s stock. Wells Fargo & Company‘s price objective points to a potential upside of 17.31% from the stock’s current price.

A number of other equities analysts have also weighed in on the stock. The Goldman Sachs Group lifted their price objective on shares of Hexcel from $67.00 to $75.00 and gave the company a “neutral” rating in a research report on Tuesday, January 20th. Truist Financial set a $94.00 target price on shares of Hexcel in a research note on Friday, January 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Hexcel in a report on Thursday, January 22nd. Morgan Stanley upgraded shares of Hexcel from an “underweight” rating to an “equal weight” rating and boosted their price target for the stock from $67.00 to $90.00 in a research note on Friday, January 30th. Finally, Wall Street Zen raised shares of Hexcel from a “hold” rating to a “buy” rating in a report on Monday, March 2nd. Four analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $87.27.

Hexcel Price Performance

Shares of HXL opened at $80.98 on Wednesday. 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 fifty-two week low of $45.28 and a fifty-two week high of $95.22. The firm has a 50-day simple moving average of $85.22 and a 200-day simple moving average of $76.11. The company has a market capitalization of $6.14 billion, a price-to-earnings ratio of 58.68, a price-to-earnings-growth ratio of 1.18 and a beta of 1.01.

Hexcel (NYSE:HXL) last issued its quarterly earnings results on Wednesday, January 28th. The aerospace company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.02. Hexcel had a return on equity of 9.54% and a net margin of 5.78%.The firm had revenue of $491.30 million for the quarter, compared to analysts’ expectations of $484.46 million. During the same quarter in the previous year, the firm posted $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. On average, equities research analysts anticipate that Hexcel will post 2.14 earnings per share for the current year.

Insider Activity

In related news, insider Amy S. Evans sold 1,500 shares of the firm’s stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $92.80, for a total value of $139,200.00. Following the completion of the sale, the insider owned 1,979 shares in the company, valued at $183,651.20. This trade represents a 43.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.03% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Hexcel

Several institutional investors have recently modified their holdings of HXL. Royal Bank of Canada increased its stake in 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. grew its holdings in Hexcel by 7.9% in 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 purchasing an additional 468 shares during the last quarter. Caxton Associates LLP purchased a new position in shares of Hexcel in the first quarter valued at $234,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Hexcel by 14.5% in 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 valued at $15,033,000 after buying an additional 34,822 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its stake in shares of Hexcel by 138.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 759 shares of the aerospace company’s stock worth $42,000 after buying an additional 441 shares during the last quarter. Hedge funds and other institutional investors own 95.47% of the company’s stock.

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.