Héroux-Devtek Inc. (TSE:HRX – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$32.17 and last traded at C$32.14, with a volume of 8044 shares. The stock had previously closed at C$32.15.
Analysts Set New Price Targets
Separately, TD Securities downgraded shares of Héroux-Devtek from a “buy” rating to a “sell” rating and raised their price target for the stock from C$28.00 to C$32.50 in a research note on Friday, July 12th.
Check Out Our Latest Report on Héroux-Devtek
Héroux-Devtek Stock Up 0.1 %
Héroux-Devtek (TSE:HRX – Get Free Report) last released its quarterly earnings data on Tuesday, August 6th. The company reported C$0.39 EPS for the quarter, beating analysts’ consensus estimates of C$0.26 by C$0.13. The firm had revenue of C$174.00 million for the quarter, compared to analysts’ expectations of C$159.00 million. Héroux-Devtek had a return on equity of 11.18% and a net margin of 7.07%. Sell-side analysts anticipate that Héroux-Devtek Inc. will post 1.640041 EPS for the current 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.
Further Reading
- Five stocks we like better than Héroux-Devtek
- Investing In Preferred Stock vs. Common Stock
- Chinese Stocks Cool Off: Time to Buy the Dip in These 2 Stocks?
- What Are the U.K. Market Holidays? How to Invest and Trade
- Goldman Sachs Highlights 3 Top Short Squeeze Stocks to Watch
- Trading Stocks: RSI and Why it’s Useful
- Walmart is Up 56% YTD, Is it Still a Top Consumer Staples Stock?
Receive News & Ratings for Héroux-Devtek Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Héroux-Devtek and related companies with MarketBeat.com's FREE daily email newsletter.