Hexcel (NYSE:HXL) Hits New 52-Week High – Time to Buy?

Shares of Hexcel Corporation (NYSE:HXL) hit a new 52-week high during trading on Thursday . The company traded as high as $101.51 and last traded at $100.0290, with a volume of 906905 shares traded. The stock had previously closed at $98.39.

Analysts Set New Price Targets

A number of brokerages have recently commented on HXL. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $79.00 price target on shares of Hexcel in a report on Friday, April 24th. Weiss Ratings reiterated a “hold (c)” rating on shares of Hexcel in a report on Tuesday, April 21st. Jefferies Financial Group reiterated a “hold” rating and set a $95.00 price target on shares of Hexcel in a report on Sunday, April 26th. BMO Capital Markets upped their price target on Hexcel from $85.00 to $97.00 and gave the stock a “market perform” rating in a report on Friday, April 24th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $105.00 price target on shares of Hexcel in a report on Friday, April 24th. One equities research 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 issued a Sell rating to the company’s stock. According to MarketBeat, Hexcel has an average rating of “Hold” and a consensus price target of $91.00.

Hexcel Trading Up 1.7%

The company has a market capitalization of $7.55 billion, a price-to-earnings ratio of 65.81, a price-to-earnings-growth ratio of 1.49 and a beta of 1.08. The business has a fifty day moving average price of $89.94 and a 200 day moving average price of $84.57. The company has a debt-to-equity ratio of 0.79, a current ratio of 2.45 and a quick ratio of 1.37.

Hexcel (NYSE:HXL) last released its quarterly earnings data 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. The business had revenue of $501.50 million for the quarter, compared to analysts’ expectations of $488.11 million. Hexcel had a return on equity of 11.08% and a net margin of 6.07%.Hexcel’s quarterly revenue was up 7.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.37 earnings per share. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. On average, equities analysts expect that Hexcel Corporation will post 2.24 EPS for the current fiscal year.

Hexcel Announces Dividend

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

Institutional Trading of Hexcel

A number of institutional investors and hedge funds have recently modified their holdings of the company. Sequoia Financial Advisors LLC increased its position in shares of Hexcel by 2.3% during the first quarter. Sequoia Financial Advisors LLC now owns 5,340 shares of the aerospace company’s stock valued at $432,000 after purchasing an additional 119 shares during the period. Clearstead Advisors LLC increased its position in shares of Hexcel by 18.2% during the fourth quarter. Clearstead Advisors LLC now owns 817 shares of the aerospace company’s stock valued at $60,000 after purchasing an additional 126 shares during the period. Mercer Global Advisors Inc. ADV increased its position in shares of Hexcel by 1.1% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 11,928 shares of the aerospace company’s stock valued at $881,000 after purchasing an additional 128 shares during the period. Allworth Financial LP increased its position in shares of Hexcel by 14.5% during the third quarter. Allworth Financial LP now owns 1,135 shares of the aerospace company’s stock valued at $71,000 after purchasing an additional 144 shares during the period. Finally, Parvin Asset Management LLC increased its position in shares of Hexcel by 16.3% during the first 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. 95.47% of the stock is currently owned by 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.