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

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

HRX has been the subject of several other research reports. Scotiabank raised their price target on Héroux-Devtek from C$21.00 to C$22.50 and gave the stock an outperform rating in a research report on Wednesday, April 10th. TD Securities raised Héroux-Devtek from a hold rating to a buy rating and raised their price target for the stock from C$19.00 to C$23.00 in a research report on Thursday, February 8th. Finally, Desjardins raised their price target on Héroux-Devtek from C$21.00 to C$26.00 and gave the stock a buy rating in a research report on Thursday, February 8th.

Héroux-Devtek Stock Performance

TSE HRX opened at C$19.51 on Tuesday. Héroux-Devtek has a 1-year low of C$12.52 and a 1-year high of C$19.78. The company 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 business has a 50 day moving average price of C$18.26 and a 200 day moving average price of C$16.40. 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) last released its quarterly earnings data on Wednesday, February 7th. The company reported C$0.27 earnings per share for the quarter, beating the consensus estimate of C$0.17 by C$0.10. Héroux-Devtek had a return on equity of 6.05% and a net margin of 3.97%. The firm had revenue of C$163.52 million during the quarter, compared to the consensus estimate of C$148.55 million. Sell-side analysts expect that Héroux-Devtek will post 1.0745934 EPS for the current fiscal 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.