Hexcel Corporation (NYSE:HXL) Given Consensus Rating of "Hold" by Analysts

Hexcel Corporation (NYSE:HXL - Get Free Report) has earned a consensus rating of "Hold" from the eleven analysts that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $61.20.

Several equities analysts recently commented on HXL shares. TD Cowen raised shares of Hexcel to a "hold" rating in a research report on Monday, February 24th. BMO Capital Markets dropped their price objective on Hexcel from $72.00 to $52.00 and set a "market perform" rating for the company in a report on Wednesday, April 23rd. Wall Street Zen downgraded Hexcel from a "buy" rating to a "hold" rating in a report on Sunday, April 27th. Morgan Stanley dropped their price target on Hexcel from $61.00 to $50.00 and set an "underperform" rating for the company in a research note on Friday, April 11th. Finally, UBS Group dropped their price target on Hexcel from $53.00 to $51.00 and set a "neutral" rating for the company in a research note on Wednesday, April 23rd.

Hexcel Trading Up 0.0%

HXL traded up $0.03 during trading on Thursday, hitting $54.39. The company's stock had a trading volume of 1,799,605 shares, compared to its average volume of 990,281. The firm's 50 day moving average price is $52.77 and its 200-day moving average price is $58.36. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.59 and a quick ratio of 1.39. The stock has a market cap of $4.37 billion, a PE ratio of 36.02, a PEG ratio of 1.78 and a beta of 1.29. Hexcel has a twelve month low of $45.28 and a twelve month high of $71.05.

Hexcel (NYSE:HXL - Get Free Report) last released its earnings results on Monday, April 21st. The aerospace company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.06). The business had revenue of $456.50 million during the quarter, compared to analyst estimates of $482.18 million. Hexcel had a net margin of 6.60% and a return on equity of 10.36%. During the same quarter in the previous year, the company posted $0.44 earnings per share. On average, analysts expect that Hexcel will post 2.14 earnings per share for the current year.

Hexcel Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, May 9th. Stockholders of record on Friday, May 2nd were paid a $0.17 dividend. The ex-dividend date was Friday, May 2nd. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.25%. Hexcel's dividend payout ratio (DPR) is currently 45.03%.

Institutional Investors Weigh In On Hexcel

A number of large investors have recently modified their holdings of HXL. Charles Schwab Investment Management Inc. grew its position in Hexcel by 2.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,084,860 shares of the aerospace company's stock valued at $68,021,000 after acquiring an additional 24,133 shares in the last quarter. Intech Investment Management LLC grew its holdings in Hexcel by 139.2% during the 4th quarter. Intech Investment Management LLC now owns 177,350 shares of the aerospace company's stock valued at $11,120,000 after purchasing an additional 103,199 shares in the last quarter. Atria Investments Inc grew its holdings in Hexcel by 56.2% during the 4th quarter. Atria Investments Inc now owns 25,510 shares of the aerospace company's stock valued at $1,599,000 after purchasing an additional 9,176 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Hexcel during the 4th quarter valued at $7,092,000. Finally, New Age Alpha Advisors LLC acquired a new stake in shares of Hexcel during the fourth quarter valued at about $412,000. Institutional investors and hedge funds 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.