Analysts Set Hexcel Corporation (NYSE:HXL) Target Price at $107.18

Hexcel Corporation (NYSE:HXLGet Free Report) has been given a consensus recommendation of “Hold” by the sixteen analysts that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $108.25.

Several analysts have weighed in on the company. Morgan Stanley lifted their price objective on Hexcel from $97.00 to $110.00 and gave the company an “equal weight” rating in a research report on Friday, July 31st. Bank of America lowered Hexcel from a “peer perform” rating to a “market perform” rating and set a $110.00 target price for the company. in a research report on Monday, August 3rd. Royal Bank Of Canada raised their target price on Hexcel from $105.00 to $115.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. UBS Group lifted their price target on Hexcel from $113.00 to $126.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Finally, Wells Fargo & Company increased their price objective on Hexcel from $95.00 to $120.00 and gave the stock an “overweight” rating in a report on Tuesday, August 4th.

Read Our Latest Stock Analysis on HXL

Hexcel Stock Up 0.2%

Shares of NYSE HXL opened at $88.24 on Friday. The firm has a fifty day simple moving average of $98.70 and a two-hundred day simple moving average of $92.75. Hexcel has a 12 month low of $60.26 and a 12 month high of $111.74. The company has a current ratio of 2.43, a quick ratio of 1.37 and a debt-to-equity ratio of 0.74. The firm has a market capitalization of $6.67 billion, a PE ratio of 44.34, a price-to-earnings-growth ratio of 1.26 and a beta of 1.05.

Hexcel (NYSE:HXLGet Free Report) last announced its earnings results on Wednesday, July 29th. The aerospace company reported $0.66 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.09. Hexcel had a net margin of 7.76% and a return on equity of 12.34%. The firm had revenue of $529.30 million for the quarter, compared to analyst estimates of $528.08 million. During the same quarter in the previous year, the firm posted $0.50 EPS. The company’s revenue for the quarter was up 8.0% compared to the same quarter last year. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. Equities analysts expect that Hexcel will post 2.36 earnings per share for the current year.

Hexcel Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Monday, August 10th were paid a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Monday, August 10th. Hexcel’s dividend payout ratio (DPR) is presently 36.18%.

Insider Transactions at Hexcel

In related news, insider Gail Lehman sold 13,829 shares of Hexcel stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $92.10, for a total transaction of $1,273,650.90. Following the completion of the transaction, the insider directly owned 20,148 shares of the company’s stock, valued at $1,855,630.80. This trade represents a 40.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Gina Fitzsimons sold 9,675 shares of the business’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $103.14, for a total transaction of $997,879.50. Following the sale, the insider directly owned 7,712 shares in the company, valued at $795,415.68. The trade was a 55.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 1.84% of the company’s stock.

Institutional Trading of Hexcel

A number of hedge funds have recently made changes to their positions in HXL. GHP Investment Advisors Inc. bought a new position in Hexcel during the 1st quarter valued at approximately $28,000. IFP Advisors Inc boosted its holdings in Hexcel by 566.0% in the second quarter. IFP Advisors Inc now owns 353 shares of the aerospace company’s stock worth $35,000 after acquiring an additional 300 shares in the last quarter. Group One Trading LLC purchased a new stake in shares of Hexcel in the second quarter worth $36,000. Cedar Mountain Advisors LLC purchased a new stake in shares of Hexcel in the first quarter worth $37,000. Finally, Leonteq Securities AG bought a new position in shares of Hexcel during the fourth quarter valued at $38,000. 95.47% of the stock is owned by institutional investors.

About Hexcel

(Get Free Report)

Hexcel Corporation (NYSE:HXL) develops and manufactures advanced composite materials and structural solutions for the aerospace, defense, space, and industrial markets. Its products are designed to provide high strength and stiffness while reducing weight compared with many traditional materials.

The company’s portfolio includes carbon fibers, specialty reinforcements, prepregs, honeycomb sandwich structures, adhesives, and composite tooling materials. These products are used in aircraft structures, helicopter components, rocket and satellite systems, wind turbine blades, and other applications that require lightweight, durable, and high-performance materials.

Hexcel traces its history to 1946 and serves customers through manufacturing operations and commercial activities in North America, Europe, and Asia-Pacific.

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Analyst Recommendations for Hexcel (NYSE:HXL)

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