Heroux Devtek (HRX) Set to Announce Earnings on Monday

Heroux Devtek (TSE:HRX) will post its quarterly earnings results before the market opens on Monday, November 12th. Analysts expect Heroux Devtek to post earnings of C$0.14 per share for the quarter.

Heroux Devtek (TSE:HRX) last issued its quarterly earnings data on Friday, August 10th. The company reported C$0.10 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of C$0.09 by C$0.01. The firm had revenue of C$85.77 million during the quarter, compared to the consensus estimate of C$86.00 million.

Shares of HRX stock opened at C$12.34 on Friday. Heroux Devtek has a 52-week low of C$11.91 and a 52-week high of C$16.75. The company has a quick ratio of 1.62, a current ratio of 3.15 and a debt-to-equity ratio of 34.79.

A number of equities research analysts have issued reports on the stock. TD Securities reduced their price objective on shares of Heroux Devtek from C$19.00 to C$17.50 and set a “hold” rating for the company in a research report on Thursday, October 4th. National Bank Financial reaffirmed an “outperform” rating and issued a C$18.00 price objective on shares of Heroux Devtek in a research report on Wednesday, October 3rd. Finally, Desjardins reduced their price objective on shares of Heroux Devtek from C$22.00 to C$21.00 and set a “buy” rating for the company in a research report on Tuesday, October 2nd. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of C$18.42.

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About Heroux Devtek

Héroux-Devtek Inc engages in the design, development, manufacture, integration, testing, and repair and overhaul of aircraft landing gears, hydraulic flight control actuators, and fracture-critical components in Canada, the United States, and the United Kingdom. The company also manufactures and sells hydraulic systems, fluid filtration systems, electronic enclosures, heat exchangers, and cabinets for suppliers of airborne radar, electro-optic systems, and aircraft controls.

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Earnings History for Heroux Devtek (TSE:HRX)

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