Hexcel (NYSE:HXL) Releases FY 2026 Earnings Guidance

Hexcel (NYSE:HXL) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 2.300-2.400 for the period, compared to the consensus estimate of 2.280. The company issued revenue guidance of $2.0 billion-$2.1 billion, compared to the consensus revenue estimate of $2.1 billion.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $79.00 price target on shares of Hexcel in a research note on Friday, April 24th. UBS Group reissued a “buy” rating and issued a $126.00 price objective on shares of Hexcel in a research note on Friday. TD Cowen raised their target price on Hexcel from $85.00 to $100.00 and gave the company a “hold” rating in a report on Monday, July 13th. BMO Capital Markets raised their price objective on shares of Hexcel from $85.00 to $97.00 and gave the stock a “market perform” rating in a report on Friday, April 24th. Finally, Jefferies Financial Group upped their price objective on shares of Hexcel from $95.00 to $105.00 and gave the company a “hold” rating in a report on Monday, July 6th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Hexcel has a consensus rating of “Hold” and an average price target of $98.27.

Hexcel Trading Down 0.1%

Hexcel stock traded down $0.06 during trading hours on Friday, reaching $102.85. The stock had a trading volume of 478,816 shares, compared to its average volume of 1,175,540. The company has a fifty day simple moving average of $97.80 and a 200-day simple moving average of $90.20. The stock has a market cap of $7.76 billion, a PE ratio of 51.66, a PEG ratio of 1.61 and a beta of 1.05. The company has a debt-to-equity ratio of 0.79, a current ratio of 2.45 and a quick ratio of 1.37. Hexcel has a 52 week low of $58.20 and a 52 week high of $111.74.

Hexcel (NYSE:HXL) last announced its earnings results on Wednesday, July 29th. The aerospace company reported $0.66 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.09. The firm had revenue of $529.30 million for the quarter, compared to analyst estimates of $528.08 million. Hexcel had a net margin of 7.76% and a return on equity of 12.19%. The company’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.50 EPS. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. Analysts forecast that Hexcel will post 2.26 EPS for the current fiscal year.

Hexcel Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Monday, August 10th will be issued a $0.18 dividend. The ex-dividend date is Monday, August 10th. This represents a $0.72 dividend on an annualized basis and a yield of 0.7%. Hexcel’s dividend payout ratio is 36.18%.

Hexcel News Summary

Here are the key news stories impacting Hexcel this week:

• Positive Sentiment: Hexcel reported second-quarter adjusted EPS of $0.66, above the $0.57 consensus estimate and up from $0.50 a year earlier. Revenue increased 8% year over year to $529.3 million, while gross margin improved to 26.1% from 22.8%. Hexcel Q2 Earnings Surpass Estimates
• Positive Sentiment: Commercial Aerospace sales rose 18.3% to $346.6 million, supporting the view that recovering aircraft production and demand for lightweight composite materials are driving Hexcel’s results. Continued Commercial Aerospace Recovery Is Driving Results
• Positive Sentiment: Management raised 2026 adjusted EPS guidance to $2.30-$2.40 from the prior outlook, and is targeting an 18% adjusted operating margin by the end of the decade. The company also generated $96.7 million of operating cash flow in the first half. Hexcel Raises 2026 Adjusted EPS Guidance
• Positive Sentiment: BMO raised its price target to $109 from $97, reflecting improved earnings expectations, although it maintained a Market Perform rating. BMO Raises Price Target
• Neutral Sentiment: Hexcel declared a quarterly dividend of $0.18 per share, payable August 17 to shareholders of record August 10. The dividend provides shareholder support but represents a relatively modest annual yield of about 0.7%. Hexcel Declares Quarterly Dividend
• Negative Sentiment: Defense, Space & Other sales fell 7.2% to $182.7 million, partly because of an Austrian industrial-business divestiture. Full-year revenue guidance of $2.025-$2.125 billion also has a midpoint slightly below the roughly $2.1 billion analyst consensus.
• Negative Sentiment: After a substantial rally, HXL trades at an elevated valuation, with a P/E ratio above 50. That valuation leaves less room for execution missteps and helps explain the muted investor reaction despite the earnings beat. Hexcel Valuation Puzzle Deepens

Hedge Funds Weigh In On Hexcel

Several institutional investors and hedge funds have recently modified their holdings of HXL. Royal Bank of Canada increased its stake in Hexcel by 12.6% during the 1st quarter. Royal Bank of Canada now owns 119,501 shares of the aerospace company’s stock valued at $6,544,000 after purchasing an additional 13,374 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Hexcel by 7.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,360 shares of the aerospace company’s stock valued at $348,000 after acquiring an additional 468 shares during the last quarter. Caxton Associates LLP bought a new position in Hexcel in the first quarter valued at about $234,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Hexcel by 14.5% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 274,522 shares of the aerospace company’s stock valued at $15,033,000 after acquiring an additional 34,822 shares during the period. Finally, Geneos Wealth Management Inc. boosted its position in Hexcel by 138.7% in the first quarter. Geneos Wealth Management Inc. now owns 759 shares of the aerospace company’s stock worth $42,000 after purchasing an additional 441 shares during the last quarter. 95.47% of the stock is currently owned by institutional investors.

Hexcel Company Profile

Hexcel Corporation is a global leader in advanced composite materials for aerospace and industrial applications. The company specializes in the development and manufacture of lightweight, high-performance products that enhance fuel efficiency, durability and structural strength. Its offerings are critical to the aerospace sector, where demand for lighter, more efficient aircraft drives continuous innovation in materials.

Hexcel’s product portfolio encompasses carbon fiber reinforcements, pre-impregnated composites (prepregs), honeycomb core, engineered adhesives and structural film adhesives.