KeyCorp Comments on Hexcel's FY2025 Earnings (NYSE:HXL)

Hexcel Co. (NYSE:HXL - Free Report) - Equities researchers at KeyCorp issued their FY2025 earnings per share (EPS) estimates for shares of Hexcel in a research report issued to clients and investors on Tuesday, April 22nd. KeyCorp analyst P. Gibbs expects that the aerospace company will earn $1.90 per share for the year. The consensus estimate for Hexcel's current full-year earnings is $2.14 per share.

Several other analysts also recently weighed in on HXL. StockNews.com downgraded Hexcel from a "buy" rating to a "hold" rating in a research note on Sunday. BMO Capital Markets cut their price target on Hexcel from $72.00 to $52.00 and set a "market perform" rating on the stock in a research note on Wednesday, April 23rd. UBS Group cut their price target on Hexcel from $53.00 to $51.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 23rd. Royal Bank of Canada cut their target price on Hexcel from $70.00 to $62.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 23rd. Finally, Wells Fargo & Company cut their target price on Hexcel from $55.00 to $53.00 and set an "equal weight" rating on the stock in a research note on Thursday, April 24th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $61.20.

Hexcel Stock Down 2.4 %

Shares of HXL stock traded down $1.20 during midday trading on Friday, reaching $48.60. 290,029 shares of the stock were exchanged, compared to its average volume of 959,254. Hexcel has a 1 year low of $45.28 and a 1 year high of $73.58. The company's 50 day moving average is $55.11 and its two-hundred day moving average is $60.56. The company has a current ratio of 2.21, a quick ratio of 1.20 and a debt-to-equity ratio of 0.46. The firm has a market cap of $3.91 billion, a PE ratio of 30.57, a price-to-earnings-growth ratio of 1.72 and a beta of 1.08.

Hexcel (NYSE:HXL - Get Free Report) last released its quarterly earnings results on Monday, April 21st. The aerospace company reported $0.37 EPS for the quarter, missing analysts' consensus estimates of $0.43 by ($0.06). The business had revenue of $456.50 million for the quarter, compared to the consensus estimate of $482.18 million. Hexcel had a net margin of 6.94% and a return on equity of 10.66%. During the same period in the previous year, the company earned $0.44 EPS.

Hedge Funds Weigh In On Hexcel

Several hedge funds and other institutional investors have recently modified their holdings of HXL. Price T Rowe Associates Inc. MD lifted its holdings in shares of Hexcel by 4,372.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,502,676 shares of the aerospace company's stock valued at $156,919,000 after buying an additional 2,446,716 shares during the period. Norges Bank bought a new position in shares of Hexcel during the 4th quarter valued at $60,241,000. Brandes Investment Partners LP lifted its holdings in shares of Hexcel by 99.6% during the 4th quarter. Brandes Investment Partners LP now owns 1,304,669 shares of the aerospace company's stock valued at $81,803,000 after buying an additional 651,062 shares during the period. Thrivent Financial for Lutherans lifted its holdings in shares of Hexcel by 249.6% during the 4th quarter. Thrivent Financial for Lutherans now owns 815,658 shares of the aerospace company's stock valued at $51,142,000 after buying an additional 582,353 shares during the period. Finally, DAVENPORT & Co LLC lifted its holdings in shares of Hexcel by 1,153.9% during the 4th quarter. DAVENPORT & Co LLC now owns 535,962 shares of the aerospace company's stock valued at $33,546,000 after buying an additional 493,218 shares during the period. 95.47% of the stock is owned by institutional investors.

Hexcel Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 9th. Stockholders of record on Friday, May 2nd will be issued a dividend of $0.17 per share. The ex-dividend date is Friday, May 2nd. This represents a $0.68 annualized dividend and a dividend yield of 1.40%. Hexcel's payout ratio is 45.03%.

About Hexcel

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.