Hexcel (NYSE:HXL) Releases Earnings Results, Misses Expectations By $0.07 EPS

Hexcel (NYSE:HXL) announced its quarterly earnings results on Monday. The aerospace company reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.07), Zacks reports. Hexcel had a net margin of 6.94% and a return on equity of 10.66%. During the same period in the previous year, the firm earned $0.44 EPS. Hexcel updated its FY 2025 guidance to 1.850-2.050 EPS.

Hexcel Trading Down 2.9 %

Shares of NYSE:HXL traded down $1.50 during mid-day trading on Monday, reaching $50.60. 2,021,422 shares of the company were exchanged, compared to its average volume of 953,576. The firm has a market cap of $4.07 billion, a price-to-earnings ratio of 31.82, a P/E/G ratio of 1.72 and a beta of 1.08. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.21 and a quick ratio of 1.20. Hexcel has a 1 year low of $45.28 and a 1 year high of $73.58. The firm’s 50-day simple moving average is $57.26 and its 200 day simple moving average is $61.05.

Hexcel Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, February 7th were given a dividend of $0.17 per share. The ex-dividend date of this dividend was Friday, February 7th. This is a boost from Hexcel’s previous quarterly dividend of $0.15. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.34%. Hexcel’s dividend payout ratio (DPR) is currently 42.77%.

Analyst Ratings Changes

HXL has been the subject of several analyst reports. TD Cowen upgraded shares of Hexcel to a “hold” rating in a research note on Monday, February 24th. Wells Fargo & Company lowered Hexcel from an “overweight” rating to a “reduce” rating in a research note on Tuesday, April 15th. Morgan Stanley lowered their price target on Hexcel from $61.00 to $50.00 and set an “underperform” rating on the stock in a research note on Friday, April 11th. Barclays dropped their target price on shares of Hexcel from $75.00 to $68.00 and set an “equal weight” rating for the company in a report on Tuesday, April 1st. Finally, Royal Bank of Canada raised their price target on shares of Hexcel from $74.00 to $82.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $67.40.

About Hexcel

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.