Hexcel (NYSE:HXL) Stock Price Down 5.1% – Time to Sell?

Hexcel Corporation (NYSE:HXL) traded down 5.1% on Thursday . The stock traded as low as $72.65 and last traded at $72.51. 1,226,619 shares were traded during trading, an increase of 8% from the average session volume of 1,138,923 shares. The stock had previously closed at $76.42.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Royal Bank Of Canada boosted their target price on Hexcel from $70.00 to $83.00 and gave the company an “outperform” rating in a research note on Friday, October 24th. UBS Group boosted their price objective on Hexcel from $81.00 to $87.00 and gave the company a “buy” rating in a research note on Friday, October 24th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $65.00 price objective on shares of Hexcel in a research note on Wednesday, October 8th. Citigroup reaffirmed a “reduce” rating on shares of Hexcel in a report on Thursday, October 23rd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Hexcel in a research report on Wednesday, October 8th. Three investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $73.33.

Hexcel Trading Up 0.5%

The stock has a market capitalization of $5.82 billion, a P/E ratio of 86.08, a price-to-earnings-growth ratio of 2.50 and a beta of 1.06. The stock’s fifty day moving average price is $70.24 and its two-hundred day moving average price is $63.43. The company has a current ratio of 2.75, a quick ratio of 1.50 and a debt-to-equity ratio of 0.48.

Hexcel (NYSE:HXL) last issued its earnings results on Wednesday, October 22nd. The aerospace company reported $0.37 EPS for the quarter, missing analysts’ consensus estimates 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 analysts’ expectations of $449.99 million. During the same quarter in the previous year, the business 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. Equities research analysts forecast that Hexcel Corporation will post 2.14 EPS for the current year.

Hexcel Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, November 10th. Stockholders of record on Monday, November 3rd were paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Monday, November 3rd. Hexcel’s payout ratio is 80.00%.

Insider Activity at Hexcel

In other news, EVP Patrick Winterlich sold 3,413 shares of the firm’s stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $73.34, for a total value of $250,309.42. Following the transaction, the executive vice president owned 40,357 shares in the company, valued at approximately $2,959,782.38. This trade represents a 7.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Lyndon John Smith sold 2,077 shares of the stock in a transaction on Monday, October 27th. The shares were sold at an average price of $73.02, for a total transaction of $151,662.54. Following the sale, the insider directly owned 8,426 shares of the company’s stock, valued at $615,266.52. The trade was a 19.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.39% of the stock is owned by company insiders.

Institutional Investors Weigh In On Hexcel

Several institutional investors and hedge funds have recently bought and sold shares of the business. Trust Co. of Toledo NA OH purchased a new position in shares of Hexcel during the second quarter valued at about $26,000. NewSquare Capital LLC grew its holdings in shares of Hexcel by 379.0% during the 2nd quarter. NewSquare Capital LLC now owns 479 shares of the aerospace company’s stock worth $27,000 after acquiring an additional 379 shares during the period. Park Place Capital Corp raised its position in shares of Hexcel by 65.1% in the 2nd quarter. Park Place Capital Corp now owns 497 shares of the aerospace company’s stock worth $28,000 after acquiring an additional 196 shares in the last quarter. Hantz Financial Services Inc. purchased a new position in shares of Hexcel in the 2nd quarter valued at approximately $28,000. Finally, Parkside Financial Bank & Trust lifted its stake in shares of Hexcel by 325.0% in the 2nd quarter. Parkside Financial Bank & Trust now owns 493 shares of the aerospace company’s stock valued at $28,000 after purchasing an additional 377 shares during the period. Hedge funds and other institutional investors own 95.47% of the company’s stock.

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.