Héroux-Devtek Inc. (TSE:HRX) Forecasted to Post FY2026 Earnings of $1.36 Per Share

Héroux-Devtek Inc. (TSE:HRX) – Equities researchers at National Bank Financial issued their FY2026 earnings estimates for Héroux-Devtek in a report released on Monday, April 15th. National Bank Financial analyst C. Doerksen expects 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.

Other equities analysts also recently issued reports about the stock. Desjardins upped their price objective on shares of Héroux-Devtek from C$21.00 to C$26.00 and gave the company a “buy” rating in a research note on Thursday, February 8th. TD Securities raised shares of Héroux-Devtek from a “hold” rating to a “buy” rating and upped their price objective for the company from C$19.00 to C$23.00 in a research note on Thursday, February 8th. Scotiabank increased their price target on shares of Héroux-Devtek from C$21.00 to C$22.50 and gave the stock an “outperform” rating in a research note on Wednesday, April 10th. Finally, National Bankshares increased their price target on shares of Héroux-Devtek from C$23.00 to C$25.00 and gave the stock an “outperform” rating in a research note on Tuesday.

Héroux-Devtek Stock Performance

Shares of TSE:HRX opened at C$20.10 on Wednesday. The company has a market cap of C$676.37 million, a price-to-earnings ratio of 28.56, a price-to-earnings-growth ratio of 1.02 and a beta of 1.63. The company has a 50-day moving average price of C$18.41 and a 200-day moving average price of C$16.45. The company has a current ratio of 2.19, a quick ratio of 0.96 and a debt-to-equity ratio of 54.60. Héroux-Devtek has a 12 month low of C$12.52 and a 12 month high of C$20.10.

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. The firm had revenue of C$163.52 million during the quarter, compared to the consensus estimate of C$148.55 million. Héroux-Devtek had a net margin of 3.97% and a return on equity of 6.05%.

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.