Hexcel Corporation (NYSE:HXL) Receives $94.00 Average PT from Analysts

Shares of Hexcel Corporation (NYSE:HXL) have been assigned an average recommendation of “Hold” from the fifteen ratings firms that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $94.00.

A number of equities research analysts recently weighed in on HXL shares. BMO Capital Markets lifted their price objective on shares of Hexcel from $85.00 to $97.00 and gave the company a “market perform” rating in a report on Friday, April 24th. TD Cowen raised their target price on shares of Hexcel from $85.00 to $100.00 and gave the company a “hold” rating in a research report on Monday, July 13th. Weiss Ratings reissued a “hold (c)” rating on shares of Hexcel in a research note on Friday, July 17th. Jefferies Financial Group upped their price objective on Hexcel from $95.00 to $105.00 and gave the stock a “hold” rating in a research note on Monday, July 6th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $105.00 price target on shares of Hexcel in a report on Friday, April 24th.

Hexcel Stock Performance

Shares of Hexcel stock opened at $110.09 on Friday. The company has a quick ratio of 1.37, a current ratio of 2.45 and a debt-to-equity ratio of 0.79. The stock’s fifty day moving average is $97.04 and its two-hundred day moving average is $89.86. Hexcel has a 52 week low of $58.20 and a 52 week high of $111.74. The company has a market capitalization of $8.30 billion, a PE ratio of 72.43, a price-to-earnings-growth ratio of 1.68 and a beta of 1.05.

Institutional Investors Weigh In On Hexcel

Several institutional investors have recently added to or reduced their stakes in the business. Sequoia Financial Advisors LLC increased its holdings in shares of Hexcel by 2.3% during the first quarter. Sequoia Financial Advisors LLC now owns 5,340 shares of the aerospace company’s stock valued at $432,000 after acquiring an additional 119 shares in the last quarter. Central Pacific Bank Trust Division raised its stake in Hexcel by 7.1% in the 2nd quarter. Central Pacific Bank Trust Division now owns 1,803 shares of the aerospace company’s stock worth $180,000 after acquiring an additional 120 shares during the last quarter. Clearstead Advisors LLC lifted its position in Hexcel by 18.2% during the 4th quarter. Clearstead Advisors LLC now owns 817 shares of the aerospace company’s stock worth $60,000 after acquiring an additional 126 shares during the period. Mercer Global Advisors Inc. ADV increased its holdings in shares of Hexcel by 1.1% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 11,928 shares of the aerospace company’s stock valued at $881,000 after purchasing an additional 128 shares during the period. Finally, Allworth Financial LP lifted its holdings in shares of Hexcel by 14.5% during the third quarter. Allworth Financial LP now owns 1,135 shares of the aerospace company’s stock worth $71,000 after purchasing an additional 144 shares during the period. Institutional investors and hedge funds own 95.47% of the company’s stock.

About Hexcel

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.