Hexcel (NYSE:HXL) Stock Price Target Lowered at TD Cowen

Hexcel (NYSE:HXL) had its price objective reduced by research analysts at TD Cowen from $115.00 to $90.00 in a research note issued on Friday, Benzinga reports. The firm presently has a “hold” rating on the aerospace company’s stock. TD Cowen’s price target points to a potential upside of 5.56% from the company’s current price.

Other equities analysts also recently issued reports about the stock. The Goldman Sachs Group raised their price target on shares of Hexcel from $88.00 to $97.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 4th. Weiss Ratings raised shares of Hexcel from a “hold (c)” rating to a “buy (b-)” rating in a research note on Tuesday, August 4th. Wells Fargo & Company decreased their target price on shares of Hexcel from $120.00 to $105.00 and set an “overweight” rating on the stock in a research note on Wednesday, September 30th. Wall Street Zen cut Hexcel from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 16th. Finally, Morgan Stanley upped their price target on Hexcel from $97.00 to $110.00 and gave the company an “equal weight” rating in a research report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $105.17.

Hexcel Price Performance

Shares of HXL traded up $0.13 during trading hours on Friday, hitting $85.26. 182,062 shares of the stock were exchanged, compared to its average volume of 1,087,705. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.37 and a current ratio of 2.43. Hexcel has a 12-month low of $60.82 and a 12-month high of $111.74. The company has a market cap of $6.45 billion, a price-to-earnings ratio of 42.86, a price-to-earnings-growth ratio of 1.20 and a beta of 1.10. The stock’s 50-day moving average price is $93.08 and its two-hundred day moving average price is $92.84.

Hexcel (NYSE:HXL) last announced its quarterly earnings data on Wednesday, July 29th. The aerospace company reported $0.66 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.09. Hexcel had a return on equity of 12.34% and a net margin of 7.76%.The company had revenue of $529.30 million for the quarter, compared to analyst estimates of $528.08 million. During the same quarter last year, the firm posted $0.50 EPS. The firm’s revenue for the quarter was up 8.0% on a year-over-year basis. Hexcel has set its FY 2026 guidance at 2.300-2.400 EPS. Research analysts expect that Hexcel will post 2.36 earnings per share for the current year.

Insider Transactions at Hexcel

In related news, insider Gina Fitzsimons sold 9,675 shares of the firm’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $103.14, for a total transaction of $997,879.50. Following the completion of the sale, the insider directly owned 7,712 shares in the company, valued at approximately $795,415.68. This trade represents a 55.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Gail Lehman sold 13,829 shares of Hexcel stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $92.10, for a total transaction of $1,273,650.90. Following the transaction, the insider directly owned 20,148 shares in the company, valued at $1,855,630.80. This trade represents a 40.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 1.84% of the company’s stock.

Institutional Trading of Hexcel

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. GHP Investment Advisors Inc. purchased a new stake in shares of Hexcel during the 1st quarter valued at approximately $28,000. IFP Advisors Inc grew its position in Hexcel by 566.0% in the second quarter. IFP Advisors Inc now owns 353 shares of the aerospace company’s stock worth $35,000 after acquiring an additional 300 shares during the period. Group One Trading LLC acquired a new stake in Hexcel during the second quarter worth $36,000. Cetera Trust Company N.A purchased a new stake in Hexcel in the second quarter valued at $40,000. Finally, Cedar Mountain Advisors LLC purchased a new stake in Hexcel in the first quarter valued at $37,000. Institutional investors and hedge funds own 95.47% of the company’s stock.

Hexcel Company Profile

Hexcel Corporation (NYSE:HXL) develops and manufactures advanced composite materials and structural solutions for the aerospace, defense, space, and industrial markets. Its products are designed to help customers reduce weight, improve performance, and increase fuel efficiency in aircraft and other demanding applications.

The company’s product portfolio includes carbon fiber, specialty reinforcements, prepreg materials, honeycomb cores, adhesives, and other composite technologies. Hexcel also produces engineered composite structures and components used in commercial aircraft, military aircraft, helicopters, launch vehicles, satellites, and various industrial applications, including wind energy and transportation.

Hexcel traces its roots to the development of lightweight honeycomb materials in the mid-20th century and has expanded through research, manufacturing, and acquisitions into a global composites supplier.