Héroux-Devtek (HRX) Stock Price, News & Analysis

Company Overview

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. It operates in Canada, the United States, the United Kingdom, Rest of Europe, Spain, and internationally. The company was formerly known as Heroux Inc. and changed its name to Héroux-Devtek Inc. in 2000. Héroux-Devtek Inc. was incorporated in 1942 and is headquartered in Longueuil, Canada.

Key Stats

• Today's Range: C$31.57 to C$32.05
• 50-Day Range: C$31.33 to C$32.17
• 52-Week Range: C$14.61 to C$32.37
• Volume: 45,400 shs
• Average Volume: 61,902 shs
• Market Capitalization: C$1.08 billion
• P/E Ratio: 23.14
• Dividend Yield: 4.74%
• Price Target: C$31.38
• Consensus Rating: Moderate Buy

Héroux-Devtek Stock Analysis - MarketRank™

Héroux-Devtek scored higher than 33% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Héroux-Devtek has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, no hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Héroux-Devtek has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Héroux-Devtek is 23.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.57.

Price to Earnings Ratio vs. Sector

The P/E ratio of Héroux-Devtek is 23.14, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 541.27.

Price to Earnings Growth Ratio

Héroux-Devtek has a PEG Ratio of 1.02. PEG Ratios around 1 indicate that a company is correctly valued.

Price to Book Value per Share Ratio

Héroux-Devtek has a P/B Ratio of 2.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for HRX.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Héroux-Devtek is a leading dividend payer. It pays a dividend yield of 4.74%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Héroux-Devtek does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for HRX.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.75

News Sentiment

Héroux-Devtek has a news sentiment score of 0.75. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.33 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Héroux-Devtek this week, compared to 1 article on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Héroux-Devtek insiders have not sold or bought any company stock.

Percentage Held by Insiders

10.91% of the stock of Héroux-Devtek is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

45.73% of the stock of Héroux-Devtek is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

HRX Stock Analysis - Frequently Asked Questions

How have HRX shares performed this year?

Héroux-Devtek's stock was trading at C$15.20 at the beginning of the year. Since then, HRX shares have increased by 110.1% and is now trading at C$31.93.
View the best growth stocks for 2024 here.

How were Héroux-Devtek's earnings last quarter?

Héroux-Devtek Inc. (TSE:HRX) issued its earnings results on Thursday, May, 25th. The company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.03. The company had revenue of $120.89 million for the quarter, compared to the consensus estimate of $121.50 million. Héroux-Devtek had a net margin of 7.07% and a trailing twelve-month return on equity of 11.18%.

How do I buy shares of Héroux-Devtek?

Shares of HRX stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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What other stocks do shareholders of Héroux-Devtek own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Héroux-Devtek investors own include Enbridge (ENB), Air Canada (AC), Manulife Financial (MFC), Semafo (SMF), WSP Global (WSP), Algonquin Power & Utilities (AQN) and Cenovus Energy (CVE).

Company Calendar

• Last Earnings: 5/25/2017
• Today: 11/15/2024
• Next Earnings (Estimated): 2/05/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Industrials
• Industry: Aerospace & Defense
• Sub-Industry: N/A
• Current Symbol: TSE:HRX
• CUSIP: N/A
• CIK: N/A
• Web: www.herouxdevtek.com
• Phone: +1-450-6793330
• Fax: N/A
• Employees: 2,100
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$31.38
• High Stock Price Target: C$37.00
• Low Stock Price Target: C$27.00
• Potential Upside/Downside: -1.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$1.38
• Trailing P/E Ratio: 23.14
• Forward P/E Ratio: 19.47
• P/E Growth: 1.02
• Net Income: C$46.85 million
• Net Margins: 7.07%
• Pretax Margin: N/A
• Return on Equity: 11.18%
• Return on Assets: 4.81%

Debt

• Debt-to-Equity Ratio: 48.49
• Current Ratio: 2.14
• Quick Ratio: 0.96

Sales & Book Value

• Annual Sales: C$663.07 million
• Price / Sales: 1.62
• Cash Flow: C$6.50 per share
• Price / Cash Flow: 4.91
• Book Value: C$13.20 per share
• Price / Book: 2.42

Miscellaneous

• Outstanding Shares: 33,670,000
• Free Float: N/A
• Market Cap: C$1.08 billion
• Optionable: Not Optionable
• Beta: 1.72