Hexcel (NYSE:HXL) Upgraded to Strong-Buy at Wall Street Zen

Wall Street Zen upgraded shares of Hexcel (NYSE:HXL) from a buy rating to a strong-buy rating in a report issued on Saturday morning.

Several other research firms also recently weighed in on HXL. TD Cowen upped their price objective on shares of Hexcel from $85.00 to $100.00 and gave the stock a “hold” rating in a report on Monday, July 13th. BMO Capital Markets raised their target price on shares of Hexcel from $85.00 to $97.00 and gave the company a “market perform” rating in a research note on Friday, April 24th. Wolfe Research downgraded shares of Hexcel from an “outperform” rating to a “peer perform” rating in a research report on Friday, July 31st. Royal Bank Of Canada upped their price target on shares of Hexcel from $105.00 to $115.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. Finally, Weiss Ratings upgraded shares of Hexcel from a “hold (c)” rating to a “buy (b-)” rating in a report on Tuesday. Five investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Hexcel has a consensus rating of “Hold” and an average target price of $107.18.

Hexcel Stock Performance

Shares of HXL stock opened at $103.23 on Friday. Hexcel has a 12-month low of $59.79 and a 12-month high of $111.74. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.43 and a quick ratio of 1.37. The firm has a market capitalization of $7.81 billion, a price-to-earnings ratio of 51.88, a price-to-earnings-growth ratio of 1.48 and a beta of 1.06. The business has a 50 day simple moving average of $99.62 and a 200 day simple moving average of $91.01.

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 the consensus estimate of $0.57 by $0.09. Hexcel had a return on equity of 12.34% and a net margin of 7.76%.The firm had revenue of $529.30 million for the quarter, compared to the consensus estimate of $528.08 million. During the same quarter in the previous year, the business earned $0.50 EPS. The firm’s revenue for the quarter was up 8.0% on a year-over-year basis. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. On average, equities research analysts anticipate that Hexcel will post 2.36 EPS for the current year.

Hexcel Dividend Announcement

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

Institutional Investors Weigh In On Hexcel

Institutional investors and hedge funds have recently bought and sold shares of the business. Royal Bank of Canada grew its stake in shares of Hexcel by 12.6% in the 1st quarter. Royal Bank of Canada now owns 119,501 shares of the aerospace company’s stock worth $6,544,000 after purchasing an additional 13,374 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake 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 purchasing an additional 468 shares during the last quarter. Caxton Associates LLP bought a new stake in Hexcel during the first quarter worth approximately $234,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Hexcel by 14.5% during 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 worth $15,033,000 after buying an additional 34,822 shares in the last quarter. Finally, Geneos Wealth Management Inc. grew 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 buying an additional 441 shares during the last quarter. 95.47% of the stock is owned by institutional investors and hedge funds.

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.