Héroux-Devtek (TSE:HRX) PT Raised to C$25.00 at National Bankshares

Héroux-Devtek (TSE:HRX - Free Report) had its price target upped by National Bankshares from C$23.00 to C$25.00 in a research note published on Tuesday, BayStreet.CA reports. They currently have an outperform rating on the stock.

Other analysts also recently issued research reports about the stock. TD Securities raised shares of Héroux-Devtek from a hold rating to a buy rating and boosted their price objective for the company from C$19.00 to C$23.00 in a report on Thursday, February 8th. Desjardins boosted their price objective on shares of Héroux-Devtek from C$21.00 to C$26.00 and gave the company a buy rating in a report on Thursday, February 8th. Finally, Scotiabank boosted their price objective on shares of Héroux-Devtek from C$21.00 to C$22.50 and gave the company an outperform rating in a report on Wednesday, April 10th.

Héroux-Devtek Stock Performance

Shares of HRX stock traded up C$0.25 during midday trading on Tuesday, hitting C$19.51. 26,780 shares of the company were exchanged, compared to its average volume of 14,023. The firm has a market capitalization of C$656.51 million, a P/E ratio of 27.87, a PEG ratio of 1.02 and a beta of 1.63. The company has a debt-to-equity ratio of 54.60, a quick ratio of 0.96 and a current ratio of 2.19. The firm's 50 day moving average price is C$18.26 and its two-hundred day moving average price is C$16.40. Héroux-Devtek has a 52 week low of C$12.52 and a 52 week high of C$19.78.

Héroux-Devtek (TSE:HRX - Get Free Report) last announced its earnings results on Wednesday, February 7th. The company reported C$0.27 EPS for the quarter, topping the consensus estimate of C$0.17 by C$0.10. The business had revenue of C$163.52 million during 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 research analysts anticipate that Héroux-Devtek will post 1.0745934 earnings per share for the current year.

Héroux-Devtek Company Profile

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.