FY2018 Earnings Estimate for Heroux Devtek Inc (HRX) Issued By Desjardins

Heroux Devtek Inc (TSE:HRX) – Analysts at Desjardins lifted their FY2018 EPS estimates for Heroux Devtek in a note issued to investors on Thursday. Desjardins analyst B. Poirier now anticipates that the company will earn $0.59 per share for the year, up from their prior estimate of $0.58. Desjardins also issued estimates for Heroux Devtek’s Q4 2018 earnings at $0.26 EPS.

HRX has been the subject of a number of other reports. Scotiabank lifted their price objective on shares of Heroux Devtek from C$15.50 to C$17.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 7th. Raymond James Financial lifted their price objective on shares of Heroux Devtek from C$16.00 to C$16.50 and gave the stock an “outperform” rating in a research note on Tuesday, November 7th. TD Securities lifted their price objective on shares of Heroux Devtek from C$15.00 to C$16.50 and gave the stock a “hold” rating in a research note on Thursday, February 8th. Finally, Royal Bank of Canada lifted their price objective on shares of Heroux Devtek from C$18.00 to C$19.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 7th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of C$17.60.

Shares of Heroux Devtek (TSE HRX) traded down C$0.17 during trading hours on Monday, hitting C$14.29. 1,180 shares of the company’s stock were exchanged, compared to its average volume of 8,541. Heroux Devtek has a 1-year low of C$11.06 and a 1-year high of C$15.71. The stock has a market cap of $531.39, a PE ratio of 31.43 and a beta of 0.05.

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Heroux Devtek Company Profile

Heroux Devtek Inc is a Canada-based company engaged in the design, development, manufacture, repair and overhaul of landing gear and actuation systems and components for the aerospace market. It manufactures electronic enclosures, heat exchangers and cabinets for airborne radar, electro-optic systems and aircraft controls through its Magtron operations, as well as fluid filters products through its Bolton operations.

Earnings History and Estimates for Heroux Devtek (TSE:HRX)

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