Hexcel (HXL) Stock Price, News & Analysis

$63.54
+1.02 (+1.63%)
(As of 04/23/2024 ET)
Today's Range
$62.46
$65.13
50-Day Range
$61.40
$77.02
52-Week Range
$58.81
$79.08
Volume
2.79 million shs
Average Volume
1.16 million shs
Market Capitalization
$5.28 billion
P/E Ratio
54.31
Dividend Yield
0.94%
Price Target
$76.50

Hexcel MarketRank™ Stock Analysis

Analyst Rating
Hold
2.21 Rating Score
Upside/​Downside
20.4% Upside
$76.50 Price Target
Short Interest
Healthy
2.13% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-3.49
Upright™ Environmental Score
News Sentiment
0.24mentions of Hexcel in the last 14 days
Based on 30 Articles This Week
Insider Trading
Selling Shares
$384,629 Sold Last Quarter
Proj. Earnings Growth
31.98%
From $2.22 to $2.93 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.51 out of 5 stars

Aerospace Sector

3rd out of 41 stocks

Plastics Materials & Resins Industry

4th out of 11 stocks

HXL stock logo

About Hexcel Stock (NYSE:HXL)

Hexcel Corporation develops, manufactures, and markets carbon fibers, structural reinforcements, honeycomb structures, resins, and composite materials and parts for use in commercial aerospace, space and defense, and industrial applications. It operates through two segments, Composite Materials and Engineered Products. The Composite Materials segment manufactures and markets fabrics, multi-axials, specialty reinforcements, prepregs and other fiber-reinforced matrix materials, structural adhesives, molding compounds, tooling materials, polyurethane systems, and laminates that are used in military and commercial aircraft, wind turbine blades, recreational products, and other industrial applications, as well as in automotive, marine, and rail transportation. The Engineered Products segment manufactures and markets aircraft structures and finished aircraft components, including wing to body fairings, wing panels, flight deck panels, door liners, rotorcraft blades, spars, and tip caps; and aircraft structural sub-components and semi-finished components used in rotorcraft blades, engine nacelles, and aircraft surfaces, such as flaps, wings, elevators, and fairings; and RF interference control products for military and aerospace applications. This segment also provides interference control materials, structural composites, and services; dielectric absorber foams; magnetic absorbers; and thermoplastics for commercial and defense applications. The company sells its products directly through its managers, product managers, and sales personnel, as well as through independent distributors in the Americas, Europe, the Asia Pacific, India, and Africa. Hexcel Corporation was founded in 1946 and is headquartered in Stamford, Connecticut.

HXL Stock Price History

HXL Stock News Headlines

Elon Musk’s Controversial New Project: “Apollo”
Have you seen this footage outside the headquarters of Elon Musk's "Project Apollo?" Big Tech and the mainstream media have called this project "controversial"...
Steady Performance with Cautious Outlook: Hold Rating on Hexcel
Hexcel: Q1 Earnings Snapshot
Elon Musk’s Controversial New Project: “Apollo”
Have you seen this footage outside the headquarters of Elon Musk's "Project Apollo?" Big Tech and the mainstream media have called this project "controversial"...
Hexcel Corp. Q1 Profit Decreases, but beats estimates
Hexcel Declares Quarterly Dividend
Hexcel Reports 2024 First Quarter Results
Stifel Nicolaus Lowers Hexcel (NYSE:HXL) Price Target to $86.00
Hexcel Corporation: The Recent Downgrades Make Sense
Hexcel (HXL) to Release Quarterly Earnings on Monday
Hexcel Shares Decline 12% on Upcoming CEO Change
See More Headlines
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Company Calendar

Ex-Dividend for 2/16 Dividend
2/08/2024
Dividend Payable
2/16/2024
Last Earnings
4/22/2024
Today
4/24/2024
Ex-Dividend for 5/10 Dividend
5/02/2024
Dividend Payable
5/10/2024
Next Earnings (Estimated)
7/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Aerospace
Industry
Plastics materials & resins
Sub-Industry
Aerospace & Defense
CUSIP
42829110
Employees
5,590
Year Founded
1948

Price Target and Rating

Average Stock Price Target
$76.50
High Stock Price Target
$90.00
Low Stock Price Target
$65.00
Potential Upside/Downside
+20.4%
Consensus Rating
Hold
Rating Score (0-4)
2.21
Research Coverage
14 Analysts

Profitability

Net Income
$105.70 million
Pretax Margin
6.13%

Debt

Sales & Book Value

Annual Sales
$1.79 billion
Cash Flow
$3.43 per share
Book Value
$20.41 per share

Miscellaneous

Free Float
81,561,000
Market Cap
$5.28 billion
Optionable
Optionable
Beta
1.23

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Key Executives

  • Mr. Nick L. StanageMr. Nick L. Stanage (Age 65)
    Chairman of the Board, President & CEO
    Comp: $3.06M
  • Mr. Patrick Joseph Winterlich (Age 53)
    Executive VP, CFO & Acting Corporate Controller
    Comp: $1.44M
  • Ms. Gail Eileen Lehman (Age 64)
    Executive VP, General Counsel & Secretary
    Comp: $1.05M
  • Mr. Thierry Philippe Merlot (Age 64)
    President of Aerospace, Europe, Middle East, Africa & Asia Pacific and Industrial
    Comp: $985.93k
  • Mr. Philippe Chevrier (Age 47)
    President of Americas & Global Fibers
    Comp: $1.49M
  • Ms. Amy S. Evans (Age 61)
    Senior VP & Chief Accounting Officer
  • Mr. Paul Dominic Mackenzie
    Senior VP & CTO
  • Mr. Don Morrison
    Senior VP & Chief Information Officer
  • Mr. Kurt Goddard
    Vice President of Investor Relations
  • Kaye Veazey
    Senior Vice President of Corporate & Marketing Communications

HXL Stock Analysis - Frequently Asked Questions

Should I buy or sell Hexcel stock right now?

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hexcel in the last year. There are currently 2 sell ratings, 7 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" HXL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HXL, but not buy additional shares or sell existing shares.
View HXL analyst ratings
or view top-rated stocks.

What is Hexcel's stock price target for 2024?

14 analysts have issued 12 month price objectives for Hexcel's shares. Their HXL share price targets range from $65.00 to $90.00. On average, they anticipate the company's share price to reach $76.50 in the next twelve months. This suggests a possible upside of 20.4% from the stock's current price.
View analysts price targets for HXL
or view top-rated stocks among Wall Street analysts.

How have HXL shares performed in 2024?

Hexcel's stock was trading at $73.75 on January 1st, 2024. Since then, HXL stock has decreased by 13.8% and is now trading at $63.54.
View the best growth stocks for 2024 here
.

Are investors shorting Hexcel?

Hexcel saw a decrease in short interest in March. As of March 31st, there was short interest totaling 1,760,000 shares, a decrease of 7.4% from the March 15th total of 1,900,000 shares. Based on an average trading volume of 760,000 shares, the short-interest ratio is currently 2.3 days. Approximately 2.1% of the company's stock are sold short.
View Hexcel's Short Interest
.

When is Hexcel's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, July 22nd 2024.
View our HXL earnings forecast
.

How were Hexcel's earnings last quarter?

Hexcel Co. (NYSE:HXL) posted its quarterly earnings data on Monday, April, 22nd. The aerospace company reported $0.44 EPS for the quarter, hitting analysts' consensus estimates of $0.44. The aerospace company earned $472.30 million during the quarter, compared to analysts' expectations of $468.93 million. Hexcel had a trailing twelve-month return on equity of 9.31% and a net margin of 5.91%. The business's revenue for the quarter was up 3.2% on a year-over-year basis. During the same period last year, the company posted $0.50 EPS.

How often does Hexcel pay dividends? What is the dividend yield for Hexcel?

Hexcel announced a quarterly dividend on Monday, April 22nd. Investors of record on Friday, May 3rd will be paid a dividend of $0.15 per share on Friday, May 10th. This represents a $0.60 dividend on an annualized basis and a yield of 0.94%. The ex-dividend date of this dividend is Thursday, May 2nd.
Read our dividend analysis for HXL
.

Is Hexcel a good dividend stock?

Hexcel (NYSE:HXL) pays an annual dividend of $0.60 per share and currently has a dividend yield of 0.97%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 48.39%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HXL will have a dividend payout ratio of 20.48% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HXL.

What guidance has Hexcel issued on next quarter's earnings?

Hexcel issued an update on its FY24 earnings guidance on Monday, April, 22nd. The company provided earnings per share guidance of $2.10-$2.30 for the period, compared to the consensus estimate of $2.21. The company issued revenue guidance of $1.925-$2.025 billion, compared to the consensus revenue estimate of $1.97 billion.

What is Nick L. Stanage's approval rating as Hexcel's CEO?

52 employees have rated Hexcel Chief Executive Officer Nick L. Stanage on Glassdoor.com. Nick L. Stanage has an approval rating of 91% among the company's employees. This puts Nick L. Stanage in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Hexcel own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Hexcel investors own include KAZ Minerals (KAZ), Petra Diamonds (PDL), AT&T (T), Cisco Systems (CSCO), NVIDIA (NVDA), Pfizer (PFE), QUALCOMM (QCOM), Micron Technology (MU) and Alibaba Group (BABA).

Who are Hexcel's major shareholders?

Hexcel's stock is owned by a number of retail and institutional investors. Top institutional investors include Leeward Investments LLC MA (0.41%), Speece Thorson Capital Group Inc. (0.21%), Weybosset Research & Management LLC (0.21%), Raymond James & Associates (0.13%), Fifth Third Bancorp (0.06%) and Amalgamated Bank (0.06%). Insiders that own company stock include Gail E Lehman, Gina Fitzsimons, Marilyn Minus, Nick L Stanage, Robert George Hennemuth and Thierry Merlot.
View institutional ownership trends
.

How do I buy shares of Hexcel?

Shares of HXL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Hexcel have any subsidiaries?
The following companies are subsidiares of Hexcel: ACM Holdings LLC (Delaware), ARC Technologies, ARC Technologies LLC (Massachusetts), Aerospace Composites Malaysia Sdn. Bhd. (Malaysian Joint Venture), Formax, Hexcel (Tianjin) Composites Material Co. Ltd. (China), Hexcel (U.K.) Limited (UK), Hexcel Asia Pacific Trading Limited (Hong Kong), Hexcel Composites (Shanghai) Commercial Information Consultancy Services Co. Ltd. (China), Hexcel Composites GmbH & Co. KG (Austria), Hexcel Composites GmbH (Austria), Hexcel Composites GmbH (Germany), Hexcel Composites India LLP (India), Hexcel Composites Limited (UK), Hexcel Composites Pension Trustees Limited (UK), Hexcel Composites S.L.U. (Spain), Hexcel Composites S.P.R.L. (Belgium), Hexcel Composites S.r.l. (Italy), Hexcel Composites SARLAU (Morocco), Hexcel Composites SASU (France), Hexcel Composites Sdn. Bhd. (Malaysia), Hexcel Europe Limited (UK), Hexcel Fibers S.L.U. (Spain), Hexcel Fibers SASU (France), Hexcel Finance Holdings Luxembourg S.a.r.l. (Luxembourg), Hexcel Financing Luxembourg S.à.r.l. (Luxembourg), Hexcel Foundation (California), Hexcel Hi-Performance Materials Co. Ltd. (China), Hexcel Holding GmbH (Austria), Hexcel Holding Spain S.L. (Spain), Hexcel Holdings (UK) Limited (UK), Hexcel Holdings Hong Kong Limited (Hong Kong), Hexcel Holdings Luxembourg S.à r.l. (Luxembourg), Hexcel Holdings SASU (France), Hexcel Ireland Limited (Ireland), Hexcel Japan K.K. (Japan), Hexcel LLC (Delaware), Hexcel LLC Luxembourg SCS (Luxembourg), Hexcel Overseas (UK), Hexcel Pottsville Corporation (Delaware), Hexcel Reinforcements Corp. (Delaware), Hexcel Reinforcements Holding Corp. (Delaware), Hexcel Reinforcements Holding Corp. Luxembourg S.à r.l. (Luxembourg), Hexcel Reinforcements SASU (France), Hexcel Reinforcements UK Limited (UK), Hexcel Research Limited (UK), Oxford Performance Materials - Aerospace & Defense (A&D) Business, Shanghai Future Aerospace Hexcel Commercial Composite Testing Limited (China Joint Venture), Société de Technologies Appliquées aux Matériaux EURL (France), Structil, and Structil S.A.S.U. (France).
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This page (NYSE:HXL) was last updated on 4/24/2024 by MarketBeat.com Staff

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