Should I buy or sell Héroux-Devtek stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Héroux-Devtek in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" HRX shares. View HRX analyst ratings or view top-rated stocks .

What is Héroux-Devtek's stock price target for 2024?

4 Wall Street research analysts have issued 12 month price targets for Héroux-Devtek's shares. Their HRX share price targets range from C$22.50 to C$26.00. On average, they anticipate the company's stock price to reach C$23.63 in the next twelve months. This suggests a possible upside of 22.7% from the stock's current price. View analysts price targets for HRX or view top-rated stocks among Wall Street analysts .

How have HRX shares performed in 2024?

Héroux-Devtek's stock was trading at C$15.20 at the start of the year. Since then, HRX shares have increased by 26.7% and is now trading at C$19.26. View the best growth stocks for 2024 here .

When is Héroux-Devtek's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 16th 2024. View our HRX earnings forecast .

How were Héroux-Devtek's earnings last quarter?

Héroux-Devtek Inc. (TSE:HRX) posted its quarterly earnings results on Wednesday, February, 7th. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.17 by $0.10. The company had revenue of $163.52 million for the quarter, compared to the consensus estimate of $148.55 million. Héroux-Devtek had a trailing twelve-month return on equity of 6.05% and a net margin of 3.97%.

What other stocks do shareholders of Héroux-Devtek own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Héroux-Devtek investors own include Enbridge (ENB) , Bank of Nova Scotia (BNS) , Manulife Financial (MFC) , Stella-Jones (SJ) , BCE (BCE) , Semafo (SMF) , TELUS (T) , Toronto-Dominion Bank (TD) , WSP Global (WSP) and AltaGas (ALA) .

How do I buy shares of Héroux-Devtek?

Shares of HRX stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:HRX

Héroux-Devtek (HRX) Stock Price, News & Analysis

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Free HRX Stock Alerts

C$19.26

-0.04 (-0.21%)

(As of 04/15/2024 ET)

Compare

Today's Range: C$19.20
▼
C$19.43
50-Day Range: C$15.03
▼
C$19.45
52-Week Range: C$12.52
▼
C$19.45

Volume: 10,445 shs
Average Volume: 13,848 shs
Market Capitalization: C$647.93 million

P/E Ratio: 27.51
Dividend Yield: 4.74%
Price Target: C$23.63

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines Insider Trades

Get Héroux-Devtek alerts:

Héroux-Devtek MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 22.7% Upside
C$23.63 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.26
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.05 out of 5 stars

2.5

Analyst's Opinion

Consensus Rating
Héroux-Devtek has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Héroux-Devtek has only been the subject of 4 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for HRX.

1.7

Dividend Strength

Dividend Leadership
Héroux-Devtek is a leading dividend payer. It pays a dividend yield of 4.74%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Héroux-Devtek does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for HRX.

1.8

News and Social Media Coverage

News Sentiment
Héroux-Devtek has a news sentiment score of 0.26. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.37 average news sentiment score of Industrials companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Héroux-Devtek this week, compared to 1 article on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Héroux-Devtek insiders have not sold or bought any company stock.
Percentage Held by Insiders
10.09% of the stock of Héroux-Devtek is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
53.17% of the stock of Héroux-Devtek is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Héroux-Devtek is 27.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.93.
Price to Earnings Ratio vs. Sector
The P/E ratio of Héroux-Devtek is 27.51, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 401.31.
Price to Earnings Growth Ratio
Héroux-Devtek has a PEG Ratio of 1.02. PEG Ratios around 1 indicate that a company is correctly valued.
Price to Book Value per Share Ratio
Héroux-Devtek has a P/B Ratio of 1.59. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Héroux-Devtek Stock (TSE:HRX)

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. It operates in Canada, the United States, the United Kingdom, Rest of Europe, Spain, and internationally. The company was formerly known as Heroux Inc. and changed its name to Héroux-Devtek Inc. in 2000. Héroux-Devtek Inc. was incorporated in 1942 and is headquartered in Longueuil, Canada.

HRX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

HRX Stock News Headlines

April 14, 2024 | seekingalpha.com

HERXF Héroux-Devtek Inc.

April 11, 2024 | americanbankingnews.com

Héroux-Devtek (TSE:HRX) PT Raised to C$22.50 at Scotiabank

April 16, 2024 | InvestorPlace (Ad)

Nerd Investor Reveals Secret To Make Money With A.I.

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March 30, 2024 | finance.yahoo.com

Those who invested in Héroux-Devtek (TSE:HRX) a year ago are up 39%

March 10, 2024 | finance.yahoo.com

Institutional investors own a significant stake of 43% in Héroux-Devtek Inc. (TSE:HRX)

February 8, 2024 | ca.finance.yahoo.com

This Phenomenal Canadian Growth Stock Jumped 9% and Still Has More Upside

February 8, 2024 | finance.yahoo.com

Héroux-Devtek Inc.'s (TSE:HRX) Stock Has Shown A Decent Performance: Have Financials A Role To Play?

February 7, 2024 | marketwatch.com

Heroux-Devtek Shares Rise 8% on 3Q Profit, Revenue Beat

April 16, 2024 | InvestorPlace (Ad)

Nerd Investor Reveals Secret To Make Money With A.I.

He's doing something he's never done before. In ten years, this nerd investor has picked 210+ stocks that have gone up at least 100%.

February 7, 2024 | ca.finance.yahoo.com

Aircraft landing gear maker Héroux-Devtek reports Q3 profit and sales up

February 7, 2024 | theglobeandmail.com

Market movers: Stocks seeing action on Wednesday - and why

February 7, 2024 | finance.yahoo.com

Héroux-Devtek Inc. (HRX.TO)

February 7, 2024 | baystreet.ca

Heroux-Devtek, Sun Peak at 52-Week Peak on News

February 7, 2024 | theglobeandmail.com

Aircraft landing gear maker Héroux-Devtek reports third-quarter profit and sales up

January 24, 2024 | finance.yahoo.com

Is Héroux-Devtek Inc. (TSE:HRX) Trading At A 45% Discount?

January 16, 2024 | finance.yahoo.com

MEDIA ADVISORY - HÉROUX-DEVTEK WILL HOLD A CONFERENCE CALL TO DISCUSS ITS FISCAL 2024 THIRD QUARTER RESULTS

January 5, 2024 | finance.yahoo.com

Héroux-Devtek (TSE:HRX) Hasn't Managed To Accelerate Its Returns

December 27, 2023 | news.yahoo.com

Bristol County Sheriff Paul Heroux's first year in office has seen many changes

November 20, 2023 | fr.investing.com

Le titre de Héroux-Devtek fluctue alors que la croissance des bénéfices devrait doubler

November 20, 2023 | finance.yahoo.com

Is Now An Opportune Moment To Examine Héroux-Devtek Inc. (TSE:HRX)?

November 11, 2023 | morningstar.com

Heroux-Devtek Inc HRX

November 10, 2023 | msn.com

Héroux-Devtek reports $4.6M Q2 profit, sales up nearly seven per cent from year ago

November 3, 2023 | finance.yahoo.com

HÉROUX-DEVTEK AWARDED DEVELOPMENT CONTRACT FOR EUROPEAN NGWS FCAS ENGINE EQUIPMENT PHASE 1B

October 22, 2023 | finance.yahoo.com

Investors in Héroux-Devtek (TSE:HRX) have seen decent returns of 44% over the past three years

October 18, 2023 | finance.yahoo.com

MEDIA ADVISORY - HÉROUX-DEVTEK WILL HOLD A CONFERENCE CALL TO DISCUSS ITS FISCAL 2024 SECOND QUARTER RESULTS

September 24, 2023 | finance.yahoo.com

Institutional investors own a significant stake of 46% in Héroux-Devtek Inc. (TSE:HRX)

September 6, 2023 | theglobeandmail.com

Stocks in play: Heroux-Devtek

See More Headlines

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Company Calendar

Last Earnings: 2/07/2024
Today: 4/16/2024
Next Earnings (Estimated): 5/16/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Industrials
Industry: Aerospace & Defense
Sub-Industry: N/A
Current Symbol: TSE:HRX
CUSIP: N/A
CIK: N/A
Web: www.herouxdevtek.com
Phone: +1-450-6793330
Fax: N/A
Employees: 2,100
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$23.63
High Stock Price Target: C$26.00
Low Stock Price Target: C$22.50
Potential Upside/Downside: +22.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.70
Trailing P/E Ratio: 27.51
Forward P/E Ratio: 17.92
P/E Growth: 1.02
Net Income: C$23.87 million
Net Margins: 3.97%
Pretax Margin: N/A
Return on Equity: 6.05%
Return on Assets: 3.06%

Debt

Debt-to-Equity Ratio: 54.60
Current Ratio: 2.19
Quick Ratio: 0.96

Sales & Book Value

Annual Sales: C$601.69 million
Price / Sales: 1.08
Cash Flow: C$3.92 per share
Price / Cash Flow: 4.91
Book Value: C$12.11 per share
Price / Book: 1.59

Miscellaneous

Outstanding Shares: 33,650,000
Free Float: N/A
Market Cap: C$647.93 million
Optionable: Not Optionable
Beta: 1.63

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Key Executives

Mr. Gilles Labbe F.C.A. (Age 68)
FCPA, Executive Chairman of the Board
Comp: $720.06k
Mr. Martin Brassard
President, CEO & Director
Mr. Stéphane Arsenault C.A.
CPA, CFO & VP
Jean-Philippe Sanche
Vice President of Legal Affairs
Mr. Jean Gravel
Vice-President of Sales & Program Management
Mr. Stéphane Rainville
Vice President of HR & Environment
Mr. Gaétan Roy
Managing Director of UK Runcorn - Landing Gear
Guinn D. Crousen
President of Progressive Incorporated - Aerostructure Division
Mr. François Renaud
Corporate Secretary
Patrick Gagnon
VP & Corporate Controller

Key Competitors

View All Competitors

HRX Stock Analysis - Frequently Asked Questions

Should I buy or sell Héroux-Devtek stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Héroux-Devtek in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" HRX shares.
View HRX analyst ratings or view top-rated stocks.
What is Héroux-Devtek's stock price target for 2024?: 4 Wall Street research analysts have issued 12 month price targets for Héroux-Devtek's shares. Their HRX share price targets range from C$22.50 to C$26.00. On average, they anticipate the company's stock price to reach C$23.63 in the next twelve months. This suggests a possible upside of 22.7% from the stock's current price.
View analysts price targets for HRX or view top-rated stocks among Wall Street analysts.
How have HRX shares performed in 2024?: Héroux-Devtek's stock was trading at C$15.20 at the start of the year. Since then, HRX shares have increased by 26.7% and is now trading at C$19.26.
View the best growth stocks for 2024 here.
When is Héroux-Devtek's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 16th 2024.
View our HRX earnings forecast.

How were Héroux-Devtek's earnings last quarter?: Héroux-Devtek Inc. (TSE:HRX) posted its quarterly earnings results on Wednesday, February, 7th. The company reported $0.27 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.17 by $0.10. The company had revenue of $163.52 million for the quarter, compared to the consensus estimate of $148.55 million. Héroux-Devtek had a trailing twelve-month return on equity of 6.05% and a net margin of 3.97%.
What other stocks do shareholders of Héroux-Devtek own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Héroux-Devtek investors own include Enbridge (ENB), Bank of Nova Scotia (BNS), Manulife Financial (MFC), Stella-Jones (SJ), BCE (BCE), Semafo (SMF), TELUS (T), Toronto-Dominion Bank (TD), WSP Global (WSP) and AltaGas (ALA).
How do I buy shares of Héroux-Devtek?: Shares of HRX stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:HRX) was last updated on 4/16/2024 by MarketBeat.com Staff

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Héroux-Devtek (HRX) Stock Price, News & Analysis

Héroux-Devtek MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About Héroux-Devtek Stock (TSE:HRX)

HRX Stock Price History

HRX Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

HRX Stock Analysis - Frequently Asked Questions

Overall MarketRank^™