Overview
Composite materials maker's Q4 sales rose 3.7%, beating analyst expectations
Adjusted EPS for Q4 beat analyst expectations
Company increased quarterly dividend by 6%
Outlook
Hexcel projects 2026 sales of $2.0 bln to $2.1 bln
Company expects 2026 adjusted EPS of $2.10 to $2.30
Hexcel forecasts 2026 free cash flow over $195 mln
Result Drivers
COMMERCIAL AEROSPACE - Q4 sales increased 7.6% led by strong growth in Airbus A320neo sales, while Airbus A350 sales decreased due to destocking
DEFENSE & SPACE - Sales decreased 1.9% due to the divestment of the Austrian-based industrial business, despite growth in military helicopter programs
OPERATING INCOME - Significant increase in Q4 operating income due to improved sales and cost control measures, despite a slight decrease in gross margins
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Sales | Beat | $491.30 mln | $481.86 mln (14 Analysts) |
Q4 Adjusted EPS | Beat | $0.52 | $0.50 (16 Analysts) |
Q4 EPS | $0.60 | ||
Q4 Adjusted operating income | Beat | $65.10 mln | $58.58 mln (12 Analysts) |
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy", 10 "hold" and 2 "sell" or "strong sell"
The average consensus recommendation for the aerospace & defense peer group is "buy."
Wall Street's median 12-month price target for Hexcel Corp is $82.00, about 0.5% above its January 27 closing price of $81.57
The stock recently traded at 36 times the next 12-month earnings vs. a P/E of 27 three months ago
Press Release: ID:nBw3260sqa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)