Hexcel (NYSE:HXL) Hits New 1-Year High – What’s Next?

Hexcel Corporation (NYSE:HXL) hit a new 52-week high during trading on Tuesday . The stock traded as high as $82.52 and last traded at $82.0760, with a volume of 1179512 shares. The stock had previously closed at $80.75.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. TD Cowen increased their price target on Hexcel from $67.00 to $77.00 and gave the company a “hold” rating in a research note on Friday, October 24th. Citigroup reiterated a “reduce” rating on shares of Hexcel in a report on Thursday, October 23rd. Royal Bank Of Canada raised their target price on shares of Hexcel from $70.00 to $83.00 and gave the stock an “outperform” rating in a research note on Friday, October 24th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Hexcel in a report on Tuesday, January 6th. Finally, UBS Group increased their price target on shares of Hexcel from $81.00 to $87.00 and gave the company a “buy” rating in a report on Friday, October 24th. Three equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Hexcel has an average rating of “Hold” and a consensus target price of $73.33.

Hexcel Price Performance

The company has a quick ratio of 1.50, a current ratio of 2.75 and a debt-to-equity ratio of 0.48. The company’s 50 day moving average is $74.18 and its 200 day moving average is $66.69. The firm has a market capitalization of $6.53 billion, a price-to-earnings ratio of 96.56, a P/E/G ratio of 2.09 and a beta of 1.08.

Hexcel (NYSE:HXL) last issued its quarterly earnings data on Wednesday, October 22nd. The aerospace company reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.01). Hexcel had a return on equity of 9.25% and a net margin of 3.67%.The business had revenue of $456.20 million during the quarter, compared to analyst estimates of $449.99 million. During the same quarter last year, the firm earned $0.47 EPS. Hexcel’s revenue for the quarter was down .2% compared to the same quarter last year. Hexcel has set its FY 2025 guidance at 1.700-1.800 EPS. On average, equities research analysts anticipate that Hexcel Corporation will post 2.14 earnings per share for the current fiscal year.

Hexcel Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, November 10th. Investors of record on Monday, November 3rd were paid a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Monday, November 3rd. Hexcel’s payout ratio is 80.00%.

Insider Buying and Selling

In other Hexcel news, EVP Patrick Winterlich sold 3,413 shares of the firm’s stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $73.34, for a total transaction of $250,309.42. Following the transaction, the executive vice president owned 40,357 shares in the company, valued at $2,959,782.38. This trade represents a 7.80% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Lyndon John Smith sold 2,077 shares of Hexcel stock in a transaction on Monday, October 27th. The shares were sold at an average price of $73.02, for a total value of $151,662.54. Following the completion of the transaction, the insider directly owned 8,426 shares of the company’s stock, valued at $615,266.52. This represents a 19.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 2.03% of the company’s stock.

Institutional Investors Weigh In On Hexcel

Several institutional investors and hedge funds have recently bought and sold shares of the company. DAVENPORT & Co LLC grew its holdings in shares of Hexcel by 1.2% during the second quarter. DAVENPORT & Co LLC now owns 541,899 shares of the aerospace company’s stock worth $30,834,000 after purchasing an additional 6,167 shares during the last quarter. State of New Jersey Common Pension Fund D boosted its position in Hexcel by 16.7% during the 2nd quarter. State of New Jersey Common Pension Fund D now owns 36,171 shares of the aerospace company’s stock worth $2,043,000 after buying an additional 5,179 shares during the period. AXQ Capital LP grew its holdings in Hexcel by 101.1% during the 2nd quarter. AXQ Capital LP now owns 16,446 shares of the aerospace company’s stock worth $929,000 after acquiring an additional 8,269 shares during the last quarter. Nomura Holdings Inc. acquired a new position in Hexcel in the 2nd quarter valued at approximately $3,418,000. Finally, Fort Washington Investment Advisors Inc. OH raised its stake in shares of Hexcel by 12.6% during the third quarter. Fort Washington Investment Advisors Inc. OH now owns 403,881 shares of the aerospace company’s stock valued at $25,323,000 after acquiring an additional 45,061 shares during the last quarter. Institutional investors own 95.47% of the company’s stock.

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.