Hexcel - HXL Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hexcel in the last twelve months. There are currently 8 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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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9 Wall Street analysts have issued twelve-month price targets for Hexcel's stock. Their HXL share price forecasts range from $58.00 to $73.00. On average, they expect the company's share price to reach $66.13 in the next year. This suggests that the stock has a possible downside of 2.0%.
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Hexcel's stock was trading at $58.85 on January 1st, 2023. Since then, HXL shares have increased by 14.7% and is now trading at $67.48.
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Hexcel saw a drop in short interest in the month of February. As of February 28th, there was short interest totaling 4,690,000 shares, a drop of 8.8% from the February 13th total of 5,140,000 shares. Based on an average trading volume of 580,300 shares, the days-to-cover ratio is presently 8.1 days.
View Hexcel's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, April 24th 2023.
View our HXL earnings forecast.

Hexcel Co. (NYSE:HXL) released its earnings results on Wednesday, January, 25th. The aerospace company reported $0.40 earnings per share for the quarter, topping analysts' consensus estimates of $0.31 by $0.09. The aerospace company had revenue of $429.40 million for the quarter, compared to analyst estimates of $402.18 million. Hexcel had a trailing twelve-month return on equity of 7.29% and a net margin of 8.01%. The business's revenue was up 19.2% on a year-over-year basis. During the same period last year, the business posted $0.16 EPS.

Hexcel declared a quarterly dividend on Wednesday, January 25th. Investors of record on Friday, February 10th will be given a dividend of $0.125 per share on Friday, February 17th. This represents a $0.50 annualized dividend and a dividend yield of 0.74%. The ex-dividend date of this dividend is Thursday, February 9th. This is a positive change from the stock's previous quarterly dividend of $0.10.
Read our dividend analysis for HXL.

ETFs with the largest weight of Hexcel (NYSE:HXL) stock in their portfolio include 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), SPDR Kensho Future Security ETF (FITE), First Trust Global Wind Energy ETF (FAN), iShares U.S. Aerospace & Defense ETF (ITA) and Invesco Aerospace & Defense ETF (PPA).

Hexcel (NYSE:HXL) pays an annual dividend of $0.50 per share and currently has a dividend yield of 0.75%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 33.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HXL will have a dividend payout ratio of 20.66% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HXL.

Hexcel issued an update on its FY23 earnings guidance on Wednesday, January, 25th. The company provided EPS guidance of $1.70-$1.90 for the period, compared to the consensus EPS estimate of $1.80. The company issued revenue guidance of $1.725-$1.825 billion, compared to the consensus revenue estimate of $1.75 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 many different retail and institutional investors. Top institutional investors include Morgan Stanley (8.08%), Alliancebernstein L.P. (7.18%), Earnest Partners LLC (6.11%), Bank of America Corp DE (4.94%), Boston Partners (4.58%) and Victory Capital Management Inc. (2.36%). Insiders that own company stock include 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 $67.48.

Hexcel (NYSE:HXL) has a market capitalization of $5.69 billion and generates $1.58 billion in revenue each year. The aerospace company earns $126.30 million in net income (profit) each year or $1.48 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.