Héroux-Devtek Inc. (TSE:HRX - Get Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$27.23 and traded as high as C$32.13. Héroux-Devtek shares last traded at C$32.13, with a volume of 35,615 shares trading hands.
Analysts Set New Price Targets
Separately, TD Securities downgraded Héroux-Devtek from a "buy" rating to a "sell" rating and raised their price objective for the stock from C$28.00 to C$32.50 in a research report on Friday, July 12th.
View Our Latest Analysis on Héroux-Devtek
Héroux-Devtek Stock Down 0.1 %
The firm has a market cap of C$1.08 billion, a price-to-earnings ratio of 23.30, a PEG ratio of 1.02 and a beta of 1.72. The firm has a 50 day moving average of C$31.78 and a 200 day moving average of C$27.32. The company has a quick ratio of 0.96, a current ratio of 2.14 and a debt-to-equity ratio of 48.49.
Héroux-Devtek (TSE:HRX - Get Free Report) last issued its quarterly earnings data on Tuesday, August 6th. The company reported C$0.39 EPS for the quarter, topping analysts' consensus estimates of C$0.26 by C$0.13. The firm had revenue of C$174.00 million during the quarter, compared to analyst estimates of C$159.00 million. Héroux-Devtek had a return on equity of 11.18% and a net margin of 7.07%. As a group, sell-side analysts predict that Héroux-Devtek Inc. will post 1.640041 earnings per share for the current year.
Héroux-Devtek Company Profile
(
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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.
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