Heroux Devtek (TSE:HRX) will be announcing its earnings results before the market opens on Thursday, May 23rd. Analysts expect the company to announce earnings of C$0.23 per share for the quarter.
HRX opened at C$14.60 on Friday. Heroux Devtek has a 52 week low of C$11.05 and a 52 week high of C$16.75. The stock has a market cap of $545.90 million and a price-to-earnings ratio of 26.55. The company has a quick ratio of 0.91, a current ratio of 2.21 and a debt-to-equity ratio of 73.44.
A number of research analysts recently commented on HRX shares. Royal Bank of Canada increased their price target on shares of Heroux Devtek from C$19.00 to C$20.00 and gave the company a “buy” rating in a report on Friday, February 8th. Raymond James reaffirmed an “outperform” rating and issued a C$17.00 price target on shares of Heroux Devtek in a report on Friday, February 8th. Finally, TD Securities increased their price target on shares of Heroux Devtek from C$17.50 to C$19.50 and gave the company a “buy” rating in a report on Friday, February 8th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of C$18.75.
TRADEMARK VIOLATION NOTICE: This report was posted by American Banking News and is owned by of American Banking News. If you are reading this report on another publication, it was illegally copied and reposted in violation of US and international trademark & copyright laws. The original version of this report can be viewed at https://www.americanbankingnews.com/2019/05/17/heroux-devtek-hrx-scheduled-to-post-quarterly-earnings-on-thursday.html.
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.
Read More: What are earnings reports?
Receive News & Ratings for Heroux Devtek Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Heroux Devtek and related companies with MarketBeat.com's FREE daily email newsletter.