Héroux-Devtek Inc. (TSE:HRX - Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as C$19.17 and last traded at C$19.06, with a volume of 2300 shares changing hands. The stock had previously closed at C$18.87.
Analysts Set New Price Targets
HRX has been the topic of several recent research reports. Scotiabank upped their price objective on shares of Héroux-Devtek from C$19.50 to C$21.00 and gave the company an "outperform" rating in a report on Thursday, February 8th. Desjardins increased their price target on shares of Héroux-Devtek from C$21.00 to C$26.00 and gave the stock a "buy" rating in a report on Thursday, February 8th. TD Securities raised shares of Héroux-Devtek from a "hold" rating to a "buy" rating and increased their price target for the stock from C$19.00 to C$23.00 in a report on Thursday, February 8th. Finally, National Bankshares increased their price target on shares of Héroux-Devtek from C$19.00 to C$23.00 and gave the stock an "outperform" rating in a report on Thursday, February 8th.
Get Our Latest Analysis on HRX
Héroux-Devtek Price Performance
The stock has a market capitalization of C$636.32 million, a PE ratio of 27.01, a P/E/G ratio of 1.02 and a beta of 1.63. The firm's 50 day simple moving average is C$17.93 and its 200 day simple moving average is C$16.31. The company has a debt-to-equity ratio of 54.60, a current ratio of 2.19 and a quick ratio of 0.96.
Héroux-Devtek (TSE:HRX - Get Free Report) last issued its quarterly earnings data on Wednesday, February 7th. The company reported C$0.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of C$0.17 by C$0.10. The business had revenue of C$163.52 million for the quarter, compared to the consensus estimate of C$148.55 million. Héroux-Devtek had a net margin of 3.97% and a return on equity of 6.05%. As a group, equities analysts forecast that Héroux-Devtek Inc. will post 1.0745934 EPS for the current fiscal year.
Héroux-Devtek Company Profile
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Héroux-Devtek Inc engages in the design, development, manufacture, finishing, assembling, and repair and overhaul of aircraft landing gears, hydraulic and electromechanical flight control actuators, custom ball screws, and fracture-critical components. The company serves commercial and defence sectors of the aerospace market.
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