Hexcel (NYSE:HXL) Price Target Raised to $120.00

Hexcel (NYSE:HXL) had its price target hoisted by Wells Fargo & Company from $95.00 to $120.00 in a report published on Tuesday,Benzinga reports. They currently have an overweight rating on the aerospace company’s stock.

A number of other analysts also recently issued reports on HXL. Royal Bank Of Canada lifted their price target on Hexcel from $105.00 to $115.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. Bank of America lowered Hexcel from a “peer perform” rating to a “market perform” rating and set a $110.00 target price on the stock. in a research report on Monday. UBS Group boosted their target price on Hexcel from $113.00 to $126.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Wolfe Research downgraded Hexcel from an “outperform” rating to a “peer perform” rating in a report on Friday, July 31st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $79.00 price target on shares of Hexcel in a research note on Friday, April 24th. Five investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Hexcel currently has an average rating of “Hold” and a consensus target price of $107.18.

Hexcel Price Performance

Shares of HXL opened at $102.96 on Tuesday. Hexcel has a twelve month low of $59.79 and a twelve month high of $111.74. The firm’s fifty day simple moving average is $99.35 and its 200-day simple moving average is $90.92. The firm has a market capitalization of $7.79 billion, a price-to-earnings ratio of 51.74, a PEG ratio of 1.49 and a beta of 1.06. The company has a current ratio of 2.43, a quick ratio of 1.37 and a debt-to-equity ratio of 0.74.

Hexcel (NYSE:HXL) last issued its earnings results on Wednesday, July 29th. The aerospace company reported $0.66 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.09. The firm had revenue of $529.30 million during the quarter, compared to the consensus estimate of $528.08 million. Hexcel had a net margin of 7.76% and a return on equity of 12.34%. The company’s revenue was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.50 earnings per share. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. Equities analysts forecast that Hexcel will post 2.36 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 dividend of $0.18 per share. The ex-dividend date of this dividend is Monday, August 10th. This represents a $0.72 annualized dividend and a dividend yield of 0.7%. Hexcel’s dividend payout ratio (DPR) is presently 36.18%.

Institutional Trading of Hexcel

Several institutional investors and hedge funds have recently made changes to their positions in HXL. Old West Investment Management LLC acquired a new stake in shares of Hexcel in the 2nd quarter valued at about $932,000. Global Retirement Partners LLC purchased a new position in Hexcel during the 2nd quarter worth approximately $340,000. Wilkinson Global Asset Management LLC acquired a new position in Hexcel during the second quarter worth approximately $200,000. Bank of New York Mellon Corp acquired a new position in Hexcel during the second quarter worth approximately $51,460,000. Finally, State of Wyoming purchased a new stake in Hexcel in the second quarter valued at approximately $1,042,000. 95.47% of the stock is owned by hedge funds and other 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.