Héroux-Devtek Inc. to Post Q1 2024 Earnings of $0.12 Per Share, Desjardins Forecasts (TSE:HRX)

Héroux-Devtek Inc. (TSE:HRX – Get Rating) – Stock analysts at Desjardins issued their Q1 2024 EPS estimates for Héroux-Devtek in a report released on Thursday, May 18th. Desjardins analyst B. Poirier anticipates that the company will earn $0.12 per share for the quarter. Desjardins currently has a “Buy” rating on the stock. The consensus estimate for Héroux-Devtek’s current full-year earnings is $0.74 per share. Desjardins also issued estimates for Héroux-Devtek’s Q2 2024 earnings at $0.13 EPS, Q3 2024 earnings at $0.22 EPS, Q4 2024 earnings at $0.30 EPS, FY2024 earnings at $0.78 EPS and FY2025 earnings at $1.09 EPS.

HRX has been the subject of several other reports. TD Securities boosted their target price on shares of Héroux-Devtek from C$16.50 to C$18.00 and gave the stock a “hold” rating in a research report on Friday. Scotiabank boosted their target price on shares of Héroux-Devtek from C$17.00 to C$18.00 in a research report on Friday. National Bankshares decreased their target price on shares of Héroux-Devtek from C$23.00 to C$19.00 and set an “outperform” rating for the company in a research report on Thursday, February 9th. Finally, Raymond James decreased their target price on shares of Héroux-Devtek from C$19.00 to C$18.00 and set an “outperform” rating for the company in a research report on Thursday, February 9th.

Héroux-Devtek Price Performance

Shares of TSE HRX opened at C$14.03 on Monday. The firm’s 50-day moving average price is C$12.98 and its 200-day moving average price is C$13.31. Héroux-Devtek has a 1-year low of C$11.20 and a 1-year high of C$16.52. The firm has a market capitalization of C$480.67 million, a P/E ratio of 24.19, a P/E/G ratio of 1.02 and a beta of 1.78. The company has a current ratio of 1.92, a quick ratio of 0.96 and a debt-to-equity ratio of 45.51.

About Héroux-Devtek

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Héroux-Devtek Inc engages in the design, development, manufacture, assembling, and repair and overhaul of aircraft landing gears, hydraulic and electromechanical flight control actuators, custom ball screws, and fracture-critical components. The company also assembles and installs aircraft components at customer assembly lines.