Hexcel (NYSE:HXL) Downgraded to “Buy” Rating by Wall Street Zen

Wall Street Zen downgraded shares of Hexcel (NYSE:HXL) from a strong-buy rating to a buy rating in a research note issued to investors on Sunday morning.

A number of other analysts have also issued reports on HXL. Wells Fargo & Company lifted their target price on Hexcel from $95.00 to $120.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 4th. Wolfe Research downgraded Hexcel from an “outperform” rating to a “peer perform” rating in a report on Friday, July 31st. Morgan Stanley upped their target price on Hexcel from $97.00 to $110.00 and gave the company an “equal weight” rating in a research report on Friday, July 31st. Jefferies Financial Group reiterated a “hold” rating and set a $110.00 target price on shares of Hexcel in a research note on Sunday, August 2nd. Finally, Bank of America downgraded shares of Hexcel from a “peer perform” rating to a “market perform” rating and set a $110.00 price target for the company. in a research report on Monday, August 3rd. Five equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $107.18.

Hexcel Trading Down 0.1%

NYSE HXL opened at $103.98 on Friday. Hexcel has a 52-week low of $60.05 and a 52-week high of $111.74. The company has a quick ratio of 1.37, a current ratio of 2.43 and a debt-to-equity ratio of 0.74. The firm has a 50-day moving average price of $100.93 and a 200 day moving average price of $91.74. The stock has a market capitalization of $7.86 billion, a P/E ratio of 52.25, a P/E/G ratio of 1.48 and a beta of 1.06.

Hexcel (NYSE:HXL) last issued its quarterly 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. Hexcel had a net margin of 7.76% and a return on equity of 12.34%. The business had revenue of $529.30 million during the quarter, compared to the consensus estimate of $528.08 million. During the same period in the previous year, the firm posted $0.50 earnings per share. The company’s quarterly revenue was up 8.0% compared to the same quarter last year. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. Equities research analysts expect that Hexcel will post 2.36 EPS for the current year.

Hexcel Announces Dividend

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

Institutional Investors Weigh In On Hexcel

Several institutional investors have recently made changes to their positions in the company. Jupiter Topco LLC acquired a new stake in Hexcel in the second quarter valued at approximately $3,480,000. Hsbc Holdings PLC bought a new position in shares of Hexcel in the second quarter valued at approximately $318,000. Castleark Management LLC acquired a new stake in shares of Hexcel in the second quarter worth $10,611,000. Legal & General Group Plc acquired a new stake in shares of Hexcel in the second quarter worth $10,625,000. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of Hexcel during the 2nd quarter worth $39,649,000. 95.47% of the stock is currently 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.