Hexcel Corporation (NYSE:HXL) Receives Consensus Rating of “Hold” from Analysts

Hexcel Corporation (NYSE:HXL) has been given an average rating of “Hold” by the twelve analysts that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $65.00.

A number of equities research analysts have recently issued reports on HXL shares. BMO Capital Markets boosted their target price on shares of Hexcel from $52.00 to $67.00 and gave the company a “market perform” rating in a research report on Tuesday, July 29th. Weiss Ratings reissued a “hold (c)” rating on shares of Hexcel in a research report on Saturday, September 27th. Zacks Research raised shares of Hexcel from a “strong sell” rating to a “hold” rating in a research report on Thursday, September 4th. UBS Group raised shares of Hexcel from a “neutral” rating to a “buy” rating and boosted their target price for the company from $65.00 to $80.00 in a research report on Tuesday, September 2nd. Finally, Morgan Stanley boosted their target price on shares of Hexcel from $50.00 to $55.00 and gave the company an “underweight” rating in a research report on Thursday, July 17th.

Hexcel Price Performance

NYSE:HXL opened at $64.77 on Friday. Hexcel has a one year low of $45.28 and a one year high of $71.05. The company has a market cap of $5.15 billion, a P/E ratio of 59.97, a P/E/G ratio of 2.03 and a beta of 1.33. The firm’s fifty day moving average price is $62.35 and its two-hundred day moving average price is $57.22. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.69 and a quick ratio of 1.50.

Hexcel (NYSE:HXL) last released its quarterly earnings data on Thursday, July 24th. The aerospace company reported $0.50 EPS for the quarter, beating the consensus estimate of $0.46 by $0.04. Hexcel had a net margin of 4.69% and a return on equity of 9.76%. The firm had revenue of $489.90 million for the quarter, compared to the consensus estimate of $482.20 million. During the same period in the previous year, the company earned $0.60 earnings per share. The company’s quarterly revenue was down 2.1% on a year-over-year basis. Hexcel has set its FY 2025 guidance at 1.850-2.050 EPS. Equities analysts expect that Hexcel will post 2.14 earnings per share for the current year.

Hexcel Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, August 8th were given a dividend of $0.17 per share. The ex-dividend date of this dividend was Friday, August 8th. This represents a $0.68 annualized dividend and a yield of 1.0%. Hexcel’s dividend payout ratio is currently 62.96%.

Insider Activity

In related news, insider Thierry Merlot sold 8,897 shares of the company’s stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $63.86, for a total transaction of $568,162.42. Following the completion of the sale, the insider owned 51,308 shares of the company’s stock, valued at $3,276,528.88. This represents a 14.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Gina Fitzsimons sold 911 shares of the company’s stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $65.00, for a total transaction of $59,215.00. Following the sale, the insider directly owned 4,283 shares of the company’s stock, valued at $278,395. This represents a 17.54% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.39% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Trust Co. of Toledo NA OH bought a new position in shares of Hexcel in the second quarter worth about $26,000. NewSquare Capital LLC lifted its holdings in shares of Hexcel by 379.0% in the second quarter. NewSquare Capital LLC now owns 479 shares of the aerospace company’s stock worth $27,000 after acquiring an additional 379 shares during the last quarter. Park Place Capital Corp lifted its holdings in shares of Hexcel by 65.1% in the second quarter. Park Place Capital Corp now owns 497 shares of the aerospace company’s stock worth $28,000 after acquiring an additional 196 shares during the last quarter. Hantz Financial Services Inc. bought a new position in shares of Hexcel in the second quarter worth about $28,000. Finally, Parkside Financial Bank & Trust lifted its holdings in shares of Hexcel by 325.0% in the second quarter. Parkside Financial Bank & Trust now owns 493 shares of the aerospace company’s stock worth $28,000 after acquiring an additional 377 shares during the last quarter. Institutional investors own 95.47% of the company’s stock.

Hexcel Company Profile

Hexcel Corporation develops, manufactures, and markets carbon fibers, structural reinforcements, honeycomb structures, resins, and composite materials and parts for use in commercial aerospace, space and defense, and industrial applications. It operates through two segments, Composite Materials and Engineered Products.