Hexcel (NYSE:HXL) Sets New 12-Month High – Should You Buy?

Shares of Hexcel Corporation (NYSE:HXL) hit a new 52-week high during trading on Friday . The stock traded as high as $98.86 and last traded at $98.2540, with a volume of 1072 shares trading hands. The stock had previously closed at $97.36.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $105.00 target price on shares of Hexcel in a report on Friday, April 24th. Wells Fargo & Company began coverage on shares of Hexcel in a report on Wednesday, April 1st. They set an “overweight” rating and a $95.00 price target on the stock. KeyCorp started coverage on shares of Hexcel in a report on Wednesday, March 25th. They issued a “sector weight” rating for the company. BMO Capital Markets upped their price objective on Hexcel from $85.00 to $97.00 and gave the company a “market perform” rating in a research report on Friday, April 24th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Hexcel in a research note on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, three have issued 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.com, Hexcel currently has an average rating of “Hold” and an average price target of $91.00.

Hexcel Stock Performance

The business’s fifty day moving average price is $88.46 and its 200-day moving average price is $83.89. The stock has a market cap of $7.41 billion, a PE ratio of 64.62, a P/E/G ratio of 1.39 and a beta of 1.08. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.37 and a current ratio of 2.45.

Hexcel (NYSE:HXL) last issued its quarterly earnings data on Wednesday, April 22nd. The aerospace company reported $0.59 earnings per share 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 company had revenue of $501.50 million for the quarter, compared to the consensus estimate of $488.11 million. During the same quarter in the prior year, the firm earned $0.37 earnings per share. The firm’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. As a group, equities research analysts forecast that Hexcel Corporation will post 2.24 EPS for the current fiscal year.

Hexcel Announces Dividend

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

Institutional Trading of Hexcel

Several large investors have recently modified their holdings of the company. Optiver Holding B.V. purchased a new stake in Hexcel during the first quarter valued at $57,000. Bank of America Corp DE boosted its position in Hexcel by 5.4% in the first quarter. Bank of America Corp DE now owns 2,264,427 shares of the aerospace company’s stock worth $183,260,000 after purchasing an additional 115,443 shares during the last quarter. Amundi purchased a new position in Hexcel in the first quarter worth about $5,025,000. Parvin Asset Management LLC grew its stake in shares of Hexcel by 16.3% during the 1st quarter. Parvin Asset Management LLC now owns 1,035 shares of the aerospace company’s stock valued at $84,000 after purchasing an additional 145 shares during the period. Finally, California State Teachers Retirement System grew its stake in shares of Hexcel by 22.9% during the 1st quarter. California State Teachers Retirement System now owns 92,636 shares of the aerospace company’s stock valued at $7,497,000 after purchasing an additional 17,233 shares during the period. Institutional investors own 95.47% of the company’s stock.

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.