Barclays Raises Hexcel Corporation Price Target to $80, Maintains Equalweight Rating
May 7, 2023
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Hexcel Corporation ($NYSE:HXL) is a leading global supplier of advanced composite materials and technologies that are used to design, manufacture and service products in the commercial aerospace, space and defense, and industrial markets. Recently, Barclays has raised Hexcel’s price target to $80 from $64, while maintaining its Equalweight Rating. This increase in the price target reflects an increased outlook on Hexcel’s future performance as the company continues to benefit from strong demand for its composite materials for the aerospace industry. The firm believes that the development of new materials and the increasing adoption of composites will drive growth for Hexcel over the long-term.
Additionally, Hexcel’s ability to capitalize on digitalization in the aerospace industry will also bring further growth in the future. It is expected that Hexcel’s advanced materials and technologies will continue to be a major contributor to its success in the coming years. The company is well-positioned to capitalize on increasing demand for its products and has the potential to deliver solid returns for investors.
Price History
On Tuesday, HEXCEL CORPORATION saw a 3.5% increase in its stock from the previous closing price of $72.0 to $74.5. The company is dedicated to providing innovative solutions and products to its customers and continues to be a leader in the industry. The increase in stock price and the positive rating from Barclays is a testament to the growth and success of HEXCEL CORPORATION. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Hexcel Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 1.64k | 151.2 | 9.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Hexcel Corporation. More…
| Operations | Investing | Financing |
| 168.7 | -51.8 | -121.1 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Hexcel Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.91k | 1.29k | 19.22 |
Key Ratios Snapshot
Some of the financial key ratios for Hexcel Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -10.4% | -18.8% | 13.3% |
| FCF Margin | ROE | ROA |
| 5.8% | 8.6% | 4.7% |
Analysis
GoodWhale recently conducted an analysis of HEXCEL CORPORATION‘s wellbeing. We found that HEXCEL CORPORATION is a low risk investment in terms of financial and business aspects. Our Risk Rating tools indicated that the company is overall a safe and secure investment. However, our comprehensive analysis also uncovered two risk warnings in HEXCEL CORPORATION’s income sheet and balance sheet. We recommend that investors register with GoodWhale to check out these warnings and assess the potential risk before making any decisions. With our Risk Rating and other analysis tools, investors can make an informed investment decision. More…
Peers
The company competes with Beijing Beimo High Tech Frictional Material Co Ltd, Textron Inc, and Lockheed Martin Corp, among others.
– Beijing Beimo High Tech Frictional Material Co Ltd ($SZSE:002985)
As of 2022, Beijing Beimo High Tech Frictional Material Co Ltd has a market cap of 15.99B and a return on equity of 14.34%. The company produces high-tech friction materials for a variety of industries, including automotive, aerospace, and construction. Its products are used in a variety of applications, such as brakes, clutches, and bearings. The company has a strong presence in China and is expanding its operations globally.
– Textron Inc ($NYSE:TXT)
Textron Inc is a diversified industrial company that operates in a variety of businesses, including aircraft, defense, industrial, and finance. The company has a market cap of 13.31B as of 2022 and a return on equity of 9.94%. Textron is a global company with operations in more than 40 countries. The company’s products and services include aircraft, defense systems, industrial products, and finance. Textron is a publicly traded company listed on the New York Stock Exchange under the ticker symbol TXT.
– Lockheed Martin Corp ($NYSE:LMT)
Lockheed Martin Corp is an American aerospace, defense, security, and advanced technologies company. It is the world’s largest defense contractor measured by revenue and is the largest producer of aircraft engines. It is also a major provider of IT services, systems engineering, and training. The company’s main products and services include aircraft, missiles, weapons, electronic systems, and IT services.
Summary
Hexcel Corporation is a manufacturer and seller of advanced composite materials and products. Recently, Barclays adjusted their price target on Hexcel from $64 to $80, while maintaining an equal weight rating. This news has caused Hexcel’s stock price to move up on the same day. Investors may wish to consider Hexcel as it has a history of strong financials and a diversified customer base.
The company has a solid balance sheet and has consistently generated positive cash flows each year. Its products have seen increased demand in the aerospace and automotive markets, which should bode well for its long-term prospects. Overall, Hexcel seems to be a promising investment opportunity.
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