Hexcel (NYSE:HXL) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Hexcel (NYSE:HXL) from a buy rating to a strong-buy rating in a report released on Saturday morning.

A number of other brokerages also recently weighed in on HXL. Wells Fargo & Company raised their price objective on Hexcel from $95.00 to $120.00 and gave the company an “overweight” rating in a research report on Tuesday, August 4th. Jefferies Financial Group reiterated a “hold” rating and issued a $110.00 target price on shares of Hexcel in a report on Sunday, August 2nd. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $100.00 price target on shares of Hexcel in a research report on Tuesday, August 4th. TD Cowen raised their price target on shares of Hexcel from $85.00 to $100.00 and gave the company a “hold” rating in a report on Monday, July 13th. Finally, Weiss Ratings raised shares of Hexcel from a “hold (c)” rating to a “buy (b-)” rating in a research report on Tuesday, August 4th. Five analysts have rated the stock with a Buy rating, ten have given 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 $107.18.

Hexcel Stock Down 2.9%

Hexcel stock opened at $100.40 on Friday. The business has a fifty day moving average of $99.86 and a two-hundred day moving average of $91.20. The company has a quick ratio of 1.37, a current ratio of 2.43 and a debt-to-equity ratio of 0.74. The firm has a market cap of $7.59 billion, a P/E ratio of 50.45, a P/E/G ratio of 1.48 and a beta of 1.06. Hexcel has a twelve month low of $59.79 and a twelve month high of $111.74.

Hexcel (NYSE:HXL) last announced its earnings results on Wednesday, July 29th. The aerospace company reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.09. The business had revenue of $529.30 million for the quarter, compared to analysts’ expectations of $528.08 million. Hexcel had a return on equity of 12.34% and a net margin of 7.76%.The business’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.50 EPS. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. On average, analysts forecast that Hexcel will post 2.36 earnings per share for the current fiscal year.

Hexcel Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Monday, August 10th will be 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 is Monday, August 10th. Hexcel’s payout ratio is 36.18%.

Institutional Investors Weigh In On Hexcel

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HXL. Madison Asset Management LLC acquired a new stake in Hexcel in the second quarter worth about $3,270,000. NewEdge Wealth LLC purchased a new stake in shares of Hexcel during the second quarter worth about $222,000. Great Lakes Advisors LLC acquired a new position in shares of Hexcel during the second quarter valued at about $1,263,000. Compass Wealth Management LLC acquired a new position in shares of Hexcel during the second quarter valued at about $953,000. Finally, Grandfield & Dodd LLC purchased a new position in shares of Hexcel in the 2nd quarter valued at approximately $32,711,000. 95.47% of the stock is currently owned by hedge funds and other institutional investors.

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.