Hexcel Co. (NYSE:HXL – Free Report) – Equities research analysts at KeyCorp issued their FY2025 earnings per share estimates for Hexcel in a note issued to investors on Tuesday, April 22nd. KeyCorp analyst P. Gibbs forecasts that the aerospace company will earn $1.90 per share for the year. The consensus estimate for Hexcel’s current full-year earnings is $2.14 per share.
Other analysts also recently issued research reports about the stock. TD Cowen raised shares of Hexcel to a “hold” rating in a report on Monday, February 24th. BMO Capital Markets reduced their price objective on Hexcel from $72.00 to $52.00 and set a “market perform” rating for the company in a report on Wednesday. Wells Fargo & Company lowered their target price on Hexcel from $55.00 to $53.00 and set an “equal weight” rating on the stock in a research note on Thursday. UBS Group reduced their price target on Hexcel from $53.00 to $51.00 and set a “neutral” rating for the company in a research note on Wednesday. Finally, StockNews.com cut Hexcel from a “buy” rating to a “hold” rating in a research report on Sunday. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $61.20.
Hexcel Trading Up 0.2 %
Shares of Hexcel stock opened at $50.27 on Friday. Hexcel has a 1 year low of $45.28 and a 1 year high of $73.58. The company has a market capitalization of $4.04 billion, a price-to-earnings ratio of 31.62, a P/E/G ratio of 1.72 and a beta of 1.08. The business has a fifty day simple moving average of $55.68 and a two-hundred day simple moving average of $60.69. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.21 and a quick ratio of 1.20.
Hexcel (NYSE:HXL – Get Free Report) last announced its quarterly earnings results on Monday, April 21st. The aerospace company reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.06). The firm had revenue of $456.50 million during the quarter, compared to analyst estimates of $482.18 million. Hexcel had a net margin of 6.94% and a return on equity of 10.66%. During the same quarter in the prior year, the business earned $0.44 EPS.
Hedge Funds Weigh In On Hexcel
Hedge funds have recently bought and sold shares of the company. New York State Teachers Retirement System lifted its holdings in shares of Hexcel by 0.8% during the 1st quarter. New York State Teachers Retirement System now owns 59,619 shares of the aerospace company’s stock worth $3,265,000 after acquiring an additional 469 shares during the period. Sumitomo Mitsui Trust Group Inc. lifted its stake in Hexcel by 10.4% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 5,205 shares of the aerospace company’s stock worth $285,000 after purchasing an additional 492 shares during the last quarter. Wealthquest Corp acquired a new stake in shares of Hexcel in the 1st quarter valued at $131,000. Oppenheimer Asset Management Inc. increased its stake in shares of Hexcel by 0.9% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 40,659 shares of the aerospace company’s stock valued at $2,226,000 after purchasing an additional 354 shares during the last quarter. Finally, Retirement Systems of Alabama raised its holdings in shares of Hexcel by 0.3% during the 1st quarter. Retirement Systems of Alabama now owns 98,746 shares of the aerospace company’s stock worth $5,407,000 after buying an additional 255 shares in the last quarter. 95.47% of the stock is owned by institutional investors.
Hexcel Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Friday, May 2nd will be given a dividend of $0.17 per share. The ex-dividend date of this dividend is Friday, May 2nd. This represents a $0.68 annualized dividend and a yield of 1.35%. Hexcel’s dividend payout ratio is 45.03%.
Hexcel Company Profile
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.
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