Brokers Set Expectations for Héroux-Devtek Inc.’s FY2026 Earnings (TSE:HRX)

Héroux-Devtek Inc. (TSE:HRX) – National Bank Financial issued their FY2026 earnings per share (EPS) estimates for Héroux-Devtek in a research note issued on Monday, April 15th. National Bank Financial analyst C. Doerksen anticipates that the company will earn $1.36 per share for the year. The consensus estimate for Héroux-Devtek’s current full-year earnings is $1.07 per share.

A number of other brokerages have also weighed in on HRX. Scotiabank raised their price target on shares of Héroux-Devtek from C$21.00 to C$22.50 and gave the company an “outperform” rating in a research note on Wednesday, April 10th. National Bankshares raised their price target on shares of Héroux-Devtek from C$23.00 to C$25.00 and gave the company an “outperform” rating in a research note on Tuesday. TD Securities raised shares of Héroux-Devtek from a “hold” rating to a “buy” rating and raised their target price for the stock from C$19.00 to C$23.00 in a research note on Thursday, February 8th. Finally, Desjardins raised their target price on shares of Héroux-Devtek from C$21.00 to C$26.00 and gave the stock a “buy” rating in a research note on Thursday, February 8th.

Héroux-Devtek Stock Performance

Shares of TSE HRX traded up C$0.09 during mid-day trading on Wednesday, hitting C$19.60. The stock had a trading volume of 15,730 shares, compared to its average volume of 14,046. The company has a debt-to-equity ratio of 54.60, a quick ratio of 0.96 and a current ratio of 2.19. The company has a 50 day moving average of C$18.35 and a two-hundred day moving average of C$16.42. Héroux-Devtek has a twelve month low of C$12.52 and a twelve month high of C$19.92. The firm has a market cap of C$659.54 million, a PE ratio of 28.00, a PEG ratio of 1.02 and a beta of 1.63.

Héroux-Devtek (TSE:HRX) last issued its quarterly earnings data on Wednesday, February 7th. The company reported C$0.27 EPS for the quarter, beating the consensus estimate of C$0.17 by C$0.10. Héroux-Devtek had a return on equity of 6.05% and a net margin of 3.97%. The firm had revenue of C$163.52 million during the quarter, compared to analyst estimates of C$148.55 million.

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.