Hexcel (NYSE:HXL) Upgraded to Buy at Wall Street Zen

Hexcel (NYSE:HXL) was upgraded by stock analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Monday.

Other research analysts have also recently issued research reports about the company. Bank of America raised Hexcel from an “underperform” rating to a “neutral” rating and boosted their price objective for the stock from $60.00 to $95.00 in a research report on Thursday, February 12th. UBS Group set a $99.00 target price on Hexcel in a research note on Friday, January 30th. Truist Financial set a $94.00 price target on shares of Hexcel in a research report on Friday, January 30th. Jefferies Financial Group raised their price objective on shares of Hexcel from $75.00 to $90.00 and gave the stock a “hold” rating in a report on Sunday, February 1st. Finally, The Goldman Sachs Group lifted their price objective on shares of Hexcel from $67.00 to $75.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 20th. Three investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $82.17.

Hexcel Stock Down 1.2%

HXL opened at $92.65 on Monday. Hexcel has a fifty-two week low of $45.28 and a fifty-two week high of $94.46. The firm has a market capitalization of $7.03 billion, a P/E ratio of 67.14, a PEG ratio of 1.43 and a beta of 1.01. The company’s 50-day moving average is $83.06 and its 200 day moving average is $72.92. The company has a debt-to-equity ratio of 0.79, a current ratio of 2.26 and a quick ratio of 1.25.

Hexcel (NYSE:HXL) last posted its quarterly earnings data on Wednesday, January 28th. The aerospace company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.50 by $0.02. Hexcel had a net margin of 5.78% and a return on equity of 9.54%. The firm had revenue of $491.30 million during the quarter, compared to analyst estimates of $484.46 million. During the same quarter last year, the business posted $0.52 EPS. The company’s revenue for the quarter was up 3.7% on a year-over-year basis. Hexcel has set its FY 2026 guidance at 2.100-2.300 EPS. Research analysts expect that Hexcel will post 2.14 earnings per share for the current fiscal year.

Institutional Trading of Hexcel

Several hedge funds and other institutional investors have recently modified their holdings of the business. New York State Common Retirement Fund grew its position in shares of Hexcel by 25.8% in the third quarter. New York State Common Retirement Fund now owns 421,980 shares of the aerospace company’s stock valued at $26,458,000 after purchasing an additional 86,625 shares in the last quarter. Fort Washington Investment Advisors Inc. OH lifted its holdings in Hexcel by 12.6% during the 3rd quarter. Fort Washington Investment Advisors Inc. OH now owns 403,881 shares of the aerospace company’s stock worth $25,323,000 after purchasing an additional 45,061 shares in the last quarter. Madison Asset Management LLC bought a new position in Hexcel in the 3rd quarter worth about $1,410,000. Commonwealth Equity Services LLC boosted its stake in Hexcel by 7.3% in the 3rd quarter. Commonwealth Equity Services LLC now owns 126,794 shares of the aerospace company’s stock worth $7,950,000 after purchasing an additional 8,661 shares during the period. Finally, 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 valued at $929,000 after buying an additional 8,269 shares in the last quarter. Institutional investors own 95.47% of the company’s stock.

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.