Brokers Set Expectations for Héroux-Devtek Inc.’s FY2026 Earnings (TSE:HRX)

Héroux-Devtek Inc. (TSE:HRX) – Equities researchers at National Bank Financial issued their FY2026 earnings estimates for shares of Héroux-Devtek in a note issued to investors on Monday, April 15th. National Bank Financial analyst C. Doerksen expects that the company will post earnings per share of $1.36 for the year. The consensus estimate for Héroux-Devtek’s current full-year earnings is $1.07 per share.

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, topping the consensus estimate of C$0.17 by C$0.10. Héroux-Devtek had a net margin of 3.97% and a return on equity of 6.05%. The business had revenue of C$163.52 million for the quarter, compared to analyst estimates of C$148.55 million.

Several other analysts also recently commented on HRX. Scotiabank raised their target price on shares of Héroux-Devtek from C$21.00 to C$22.50 and gave the stock an “outperform” rating in a report on Wednesday, April 10th. Desjardins raised their target price on shares of Héroux-Devtek from C$21.00 to C$26.00 and gave the stock a “buy” rating in a report on Thursday, February 8th. TD Securities upgraded shares of Héroux-Devtek from a “hold” rating to a “buy” rating and raised their target price for the stock from C$19.00 to C$23.00 in a report on Thursday, February 8th. Finally, National Bankshares raised their target price on shares of Héroux-Devtek from C$23.00 to C$25.00 and gave the stock an “outperform” rating in a report on Tuesday.

Héroux-Devtek Stock Performance

Shares of HRX stock opened at C$19.60 on Wednesday. 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 company has a market capitalization of C$659.54 million, a P/E ratio of 28.00, a price-to-earnings-growth ratio of 1.02 and a beta of 1.63. The company’s 50 day moving average price is C$18.35 and its two-hundred day moving average price is C$16.42. Héroux-Devtek has a 52 week low of C$12.52 and a 52 week high of C$19.92.

About Héroux-Devtek

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.