Equities Analysts Set Expectations for Heroux Devtek Inc’s Q2 2018 Earnings (HRX)
Heroux Devtek Inc (TSE:HRX) – Stock analysts at National Bank Financial issued their Q2 2018 earnings per share estimates for shares of Heroux Devtek in a research note issued on Tuesday. National Bank Financial analyst C. Doerksen forecasts that the company will earn $0.11 per share for the quarter. National Bank Financial also issued estimates for Heroux Devtek’s FY2018 earnings at $0.61 EPS and FY2019 earnings at $0.80 EPS.
HRX has been the subject of a number of other research reports. Royal Bank Of Canada assumed coverage on shares of Heroux Devtek in a report on Thursday, June 15th. They issued an “outperform” rating and a C$17.00 price objective for the company. Scotiabank increased their price target on shares of Heroux Devtek from C$14.00 to C$15.00 and gave the company an “outperform” rating in a research note on Monday, May 29th. Finally, Raymond James Financial, Inc. increased their price target on shares of Heroux Devtek from C$13.00 to C$13.25 and gave the company a “market perform” rating in a research note on Wednesday. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Heroux Devtek presently has an average rating of “Hold” and an average target price of C$15.04.
TRADEMARK VIOLATION NOTICE: “Equities Analysts Set Expectations for Heroux Devtek Inc’s Q2 2018 Earnings (HRX)” was originally posted by Watch List News and is owned by of Watch List News. If you are viewing this article on another publication, it was illegally stolen and republished in violation of United States and international copyright and trademark legislation. The correct version of this article can be read at https://www.watchlistnews.com/equities-analysts-set-expectations-for-heroux-devtek-incs-q2-2018-earnings-hrx/1468252.html.
Shares of Heroux Devtek (TSE:HRX) traded up 0.47% during trading on Thursday, reaching $12.76. The company had a trading volume of 900 shares. The company’s 50 day moving average is $13.85 and its 200-day moving average is $13.14. The stock has a market capitalization of $467.13 million and a price-to-earnings ratio of 15.01. Heroux Devtek has a 1-year low of $11.06 and a 1-year high of $16.05.
Heroux Devtek (TSE:HRX) last announced its earnings results on Thursday, May 25th. The company reported $0.25 EPS for the quarter, topping the Zacks’ consensus estimate of $0.22 by $0.03. Heroux Devtek had a return on equity of 10.20% and a net margin of 7.36%. The company had revenue of $120.89 million for the quarter, compared to analysts’ expectations of $121.50 million.
About Heroux Devtek
Héroux-Devtek Inc engages in the design, development, manufacture, repair, and overhaul of aircraft landing gears, hydraulic flight control actuators, and fracture-critical components in Canada, the United States, the United Kingdom, and internationally. 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.
Receive News & Ratings for Heroux Devtek Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Heroux Devtek Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.