Hexcel (HXL) Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hexcel in the last twelve months. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" HXL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HXL, but not buy additional shares or sell existing shares.
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7 Wall Street research analysts have issued 12-month price targets for Hexcel's shares. Their HXL share price forecasts range from $70.00 to $85.00. On average, they predict the company's stock price to reach $76.13 in the next year. This suggests a possible upside of 16.5% from the stock's current price.
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Hexcel's stock was trading at $58.85 at the start of the year. Since then, HXL shares have increased by 11.1% and is now trading at $65.36.
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Hexcel saw a decrease in short interest during the month of August. As of August 15th, there was short interest totaling 1,970,000 shares, a decrease of 29.9% from the July 31st total of 2,810,000 shares. Based on an average trading volume of 553,500 shares, the days-to-cover ratio is currently 3.6 days.
View Hexcel's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, October 23rd 2023.
View our HXL earnings forecast.

Hexcel Co. (NYSE:HXL) posted its quarterly earnings results on Tuesday, July, 25th. The aerospace company reported $0.50 earnings per share for the quarter, beating analysts' consensus estimates of $0.48 by $0.02. The aerospace company earned $454.30 million during the quarter, compared to analysts' expectations of $450.15 million. Hexcel had a trailing twelve-month return on equity of 9.40% and a net margin of 8.73%. Hexcel's revenue was up 15.6% compared to the same quarter last year. During the same period last year, the firm posted $0.33 EPS.

Hexcel declared a quarterly dividend on Monday, July 24th. Investors of record on Friday, August 4th will be given a dividend of $0.125 per share on Friday, August 11th. This represents a $0.50 annualized dividend and a yield of 0.76%. The ex-dividend date is Thursday, August 3rd.
Read our dividend analysis for HXL.

ETFs with the largest weight of Hexcel (NYSE:HXL) stock in their portfolio include Gabelli Commercial Aerospace & Defense ETF (GCAD), ProShares Smart Materials ETF (TINT), SPDR S&P Aerospace & Defense ETF (XAR), SPDR S&P Kensho Final Frontiers ETF (ROKT), First Trust Indxx Aerospace & Defense ETF (MISL), Touchstone Climate Transition ETF (HEAT), First Trust Global Wind Energy ETF (FAN) and iShares U.S. Aerospace & Defense ETF (ITA).

Hexcel (NYSE:HXL) pays an annual dividend of $0.50 per share and currently has a dividend yield of 0.76%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 28.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HXL will have a dividend payout ratio of 19.69% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HXL.

Hexcel updated its FY 2023 earnings guidance on Monday, July, 24th. The company provided earnings per share (EPS) guidance of $1.80-$1.94 for the period, compared to the consensus estimate of $1.97. The company issued revenue guidance of $1.76 billion-$1.83 billion, compared to the consensus revenue estimate of $1.81 billion.

52 employees have rated Hexcel Chief Executive Officer Nick L. Stanage on Glassdoor.com. Nick L. Stanage has an approval rating of 91% among the company's employees. This puts Nick L. Stanage in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Hexcel investors own include KAZ Minerals (KAZ), Petra Diamonds (PDL), Barrick Gold (GOLD), AT&T (T), Cisco Systems (CSCO), NVIDIA (NVDA), Pfizer (PFE), QUALCOMM (QCOM), Micron Technology (MU) and Alibaba Group (BABA).

Hexcel trades on the New York Stock Exchange (NYSE) under the ticker symbol "HXL."

Hexcel's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.79%), Alliancebernstein L.P. (6.41%), Earnest Partners LLC (5.09%), State Street Corp (3.87%), Boston Partners (3.17%) and JPMorgan Chase & Co. (1.73%). Insiders that own company stock include Gail E Lehman, Gina Fitzsimons, Marilyn Minus, Nick L Stanage, Robert George Hennemuth and Thierry Merlot.
View institutional ownership trends.

Shares of HXL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HXL stock can currently be purchased for approximately $65.36.

Hexcel (NYSE:HXL) has a market capitalization of $5.52 billion and generates $1.58 billion in revenue each year. The aerospace company earns $126.30 million in net income (profit) each year or $1.74 on an earnings per share basis.

The company employs 5,328 workers across the globe.

Hexcel's mailing address is TWO STAMFORD PLAZA 281 TRESSER BLVD. 16TH FLOOR, STAMFORD CT, 06901. The official website for the company is www.hexcel.com. The aerospace company can be reached via phone at (203) 969-0666, via email at kurt.goddard@hexcel.com, or via fax at 203-358-3977.