Heroux Devtek Inc (HRX) Set to Announce Quarterly Earnings on Monday
Heroux Devtek Inc (TSE:HRX) is set to announce its earnings results before the market opens on Monday, November 6th. Analysts expect the company to announce earnings of C$0.10 per share for the quarter.
Heroux Devtek Inc (TSE:HRX) traded up 0.41% during midday trading on Monday, hitting $14.55. The stock had a trading volume of 6,930 shares. The company has a 50-day moving average price of $13.67 and a 200-day moving average price of $13.32. The company has a market cap of $525.81 million and a price-to-earnings ratio of 17.16. Heroux Devtek Inc has a 12-month low of $11.06 and a 12-month high of $16.05.
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A number of equities research analysts have recently issued reports on HRX shares. Scotiabank cut their target price on Heroux Devtek from C$15.00 to C$14.50 and set an “outperform” rating on the stock in a research report on Tuesday, August 8th. Raymond James Financial, Inc. boosted their target price on Heroux Devtek from C$13.00 to C$13.25 and gave the stock a “market perform” rating in a research report on Wednesday, August 9th. TD Securities boosted their target price on Heroux Devtek from C$14.00 to C$15.50 and gave the stock a “hold” rating in a research report on Tuesday, October 3rd. Royal Bank Of Canada upped their price target on Heroux Devtek from C$17.00 to C$18.00 and gave the company an “outperform” rating in a research report on Tuesday, October 3rd. Finally, Desjardins raised Heroux Devtek from a “hold” rating to a “buy” rating and upped their price target for the company from C$15.00 to C$18.00 in a research report on Tuesday, October 3rd. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of C$16.33.
Heroux Devtek Inc is a Canada-based company engaged in the design, development, manufacture, repair and overhaul of landing gear and actuation systems and components for the aerospace market. It manufactures electronic enclosures, heat exchangers and cabinets for airborne radar, electro-optic systems and aircraft controls through its Magtron operations, as well as fluid filters products through its Bolton operations.
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