Hexcel Co. (NYSE:HXL) Given Consensus Rating of "Hold" by Brokerages

Hexcel Co. (NYSE:HXL - Get Free Report) has received an average rating of "Hold" from the eleven analysts that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $61.20.

Several research firms recently issued reports on HXL. UBS Group dropped their price target on shares of 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 dropped their price target on shares of Hexcel from $70.00 to $62.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 23rd. TD Cowen raised shares of Hexcel to a "hold" rating in a research note on Monday, February 24th. Wells Fargo & Company dropped their price target on shares of Hexcel from $55.00 to $53.00 and set an "equal weight" rating on the stock in a research note on Thursday, April 24th. Finally, Barclays dropped their price target on shares of Hexcel from $75.00 to $68.00 and set an "equal weight" rating on the stock in a research note on Tuesday, April 1st.

Hexcel Trading Up 3.5%

Shares of HXL traded up $1.81 during mid-day trading on Friday, reaching $53.44. The company had a trading volume of 1,510,390 shares, compared to its average volume of 972,609. The stock has a market cap of $4.30 billion, a price-to-earnings ratio of 33.61, a price-to-earnings-growth ratio of 1.72 and a beta of 1.28. The firm has a fifty day simple moving average of $52.09 and a 200-day simple moving average of $59.11. Hexcel has a fifty-two week low of $45.28 and a fifty-two week high of $71.05. The company has a current ratio of 2.21, a quick ratio of 1.20 and a debt-to-equity ratio of 0.46.

Hexcel (NYSE:HXL - Get Free Report) last posted its earnings results on Monday, April 21st. The aerospace company reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.06). The business had revenue of $456.50 million for the quarter, compared to analyst estimates of $482.18 million. Hexcel had a net margin of 6.94% and a return on equity of 10.66%. During the same quarter in the previous year, the firm posted $0.44 EPS. On average, sell-side analysts anticipate that Hexcel will post 2.14 EPS for the current fiscal year.

Hexcel Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 9th. Investors of record on Friday, May 2nd were paid a dividend of $0.17 per share. The ex-dividend date of this dividend was Friday, May 2nd. This represents a $0.68 annualized dividend and a yield of 1.27%. Hexcel's dividend payout ratio (DPR) is 45.03%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of HXL. Allworth Financial LP grew its position in Hexcel by 1,069.8% in the 4th quarter. Allworth Financial LP now owns 620 shares of the aerospace company's stock worth $42,000 after purchasing an additional 567 shares during the last quarter. Geneos Wealth Management Inc. boosted its holdings in shares of Hexcel by 138.7% in the first quarter. Geneos Wealth Management Inc. now owns 759 shares of the aerospace company's stock valued at $42,000 after acquiring an additional 441 shares in the last quarter. Arcadia Investment Management Corp MI bought a new position in shares of Hexcel in the fourth quarter valued at approximately $49,000. Manchester Capital Management LLC boosted its holdings in shares of Hexcel by 100.0% in the fourth quarter. Manchester Capital Management LLC now owns 840 shares of the aerospace company's stock valued at $53,000 after acquiring an additional 420 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC bought a new position in shares of Hexcel in the fourth quarter valued at approximately $57,000. 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.