Hexcel (NYSE:HXL) Hits New 52-Week High – Time to Buy?

Hexcel Corporation (NYSE:HXL)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $101.51 and last traded at $100.0290, with a volume of 906905 shares changing hands. The stock had previously closed at $98.39.

Analysts Set New Price Targets

HXL has been the topic of several research analyst reports. Jefferies Financial Group reaffirmed a “hold” rating and set a $95.00 target price on shares of Hexcel in a research note on Sunday, April 26th. Wall Street Zen raised Hexcel from a “hold” rating to a “buy” rating in a research note on Monday, March 2nd. 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. KeyCorp began coverage on Hexcel in a research note on Wednesday, March 25th. They issued a “sector weight” rating for the company. Finally, BMO Capital Markets boosted their price target on Hexcel from $85.00 to $97.00 and gave the company a “market perform” rating in a research note on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Hexcel currently has a consensus rating of “Hold” and a consensus target price of $91.00.

Hexcel Trading Up 1.7%

The firm has a market cap of $7.55 billion, a P/E ratio of 65.81, a PEG ratio of 1.49 and a beta of 1.08. The company has a 50 day moving average of $89.94 and a 200 day moving average of $84.57. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.37 and a current ratio of 2.45.

Hexcel (NYSE:HXL) last announced its quarterly earnings results on Wednesday, April 22nd. The aerospace company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.42 by $0.17. Hexcel had a return on equity of 11.08% and a net margin of 6.07%.The business had revenue of $501.50 million during the quarter, compared to analysts’ expectations of $488.11 million. During the same quarter in the previous year, the business posted $0.37 EPS. The firm’s quarterly revenue was up 7.7% compared to the same quarter last year. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. Analysts predict that Hexcel Corporation will post 2.24 EPS for the current fiscal year.

Hexcel Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, May 11th. Investors of record on Monday, May 4th were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 0.7%. The ex-dividend date was Monday, May 4th. Hexcel’s payout ratio is 47.37%.

Institutional Investors Weigh In On Hexcel

Several institutional investors and hedge funds have recently added to or reduced their stakes in HXL. GHP Investment Advisors Inc. acquired a new stake in Hexcel in the 1st quarter worth approximately $28,000. Optiver Holding B.V. lifted its holdings in Hexcel by 469.3% in the 3rd quarter. Optiver Holding B.V. now owns 575 shares of the aerospace company’s stock worth $36,000 after purchasing an additional 474 shares during the last quarter. Prosperity Bancshares Inc acquired a new stake in Hexcel in the 4th quarter worth approximately $36,000. Cedar Mountain Advisors LLC acquired a new stake in Hexcel in the 1st quarter worth approximately $37,000. Finally, Transamerica Financial Advisors LLC lifted its holdings in Hexcel by 181.1% in the 4th quarter. Transamerica Financial Advisors LLC now owns 506 shares of the aerospace company’s stock worth $37,000 after purchasing an additional 326 shares during the last quarter. 95.47% of the stock is currently owned by institutional investors and hedge funds.

About Hexcel

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.