Hexcel Corporation (NYSE:HXL) Receives Average Recommendation of "Hold" from Brokerages

Key Points

• Hexcel Corporation has received an average recommendation of "Hold" from ten brokerages, with one analyst suggesting a sell and two issuing buy recommendations.
• The company's stock price target has been updated, with Royal Bank of Canada setting it at $70.00, while UBS and BMO Capital Markets set targets at $65.00 and $67.00 respectively.
• Hexcel recently reported an earnings per share (EPS) of $0.50 for the last quarter, exceeding analysts' expectations and setting guidance for FY 2025 at 1.850-2.050 EPS.

Shares of Hexcel Corporation (NYSE:HXL - Get Free Report) have been assigned a consensus recommendation of "Hold" from the ten research firms that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $63.3333.

Several analysts have issued reports on HXL shares. Royal Bank Of Canada restated an "outperform" rating and set a $70.00 price target (up from $65.00) on shares of Hexcel in a research report on Monday, July 28th. UBS Group upped their price target on shares of Hexcel from $60.00 to $65.00 and gave the company a "neutral" rating in a research report on Monday, July 28th. BMO Capital Markets upped their price target 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. Finally, Morgan Stanley upped their price target 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 Stock Down 1.2%

HXL opened at $63.21 on Tuesday. The stock has a market cap of $5.03 billion, a PE ratio of 58.53, a P/E/G ratio of 2.09 and a beta of 1.38. The company has a quick ratio of 1.50, a current ratio of 2.69 and a debt-to-equity ratio of 0.53. Hexcel has a 52 week low of $45.28 and a 52 week high of $71.05. The business's fifty day simple moving average is $60.33 and its 200 day simple moving average is $56.76.

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

Hexcel Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, August 8th were issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Friday, August 8th. Hexcel's dividend payout ratio is currently 62.96%.

Institutional Trading of Hexcel

Several large investors have recently modified their holdings of HXL. Trust Co. of Toledo NA OH bought a new stake in shares of Hexcel in the second quarter worth about $26,000. NewSquare Capital LLC grew its stake 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 purchasing an additional 379 shares during the last quarter. Park Place Capital Corp grew its stake 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 purchasing an additional 196 shares during the last quarter. Hantz Financial Services Inc. bought a new stake in shares of Hexcel in the second quarter worth about $28,000. Finally, Parkside Financial Bank & Trust grew its stake 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 purchasing an additional 377 shares during the last quarter. 95.47% of the stock is owned by institutional investors.

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.

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