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

Héroux-Devtek Inc. (TSE:HRX) – Research analysts at National Bank Financial issued their FY2026 earnings estimates for Héroux-Devtek in a research report issued to clients and investors on Monday, April 15th. National Bank Financial analyst C. Doerksen anticipates that the company will post earnings of $1.36 per share for the year. The consensus estimate for Héroux-Devtek’s current full-year earnings is $1.07 per share.

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

Several other research analysts have also recently commented on HRX. TD Securities upgraded shares of Héroux-Devtek from a “hold” rating to a “buy” rating and boosted their price target for the stock from C$19.00 to C$23.00 in a report on Thursday, February 8th. Desjardins boosted their price target on shares of Héroux-Devtek from C$21.00 to C$26.00 and gave the stock a “buy” rating in a report on Thursday, February 8th. National Bankshares boosted 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 report on Tuesday. Finally, Scotiabank boosted 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 report on Wednesday, April 10th.

Héroux-Devtek Trading Up 2.6 %

TSE HRX opened at C$20.10 on Wednesday. The company has a quick ratio of 0.96, a current ratio of 2.19 and a debt-to-equity ratio of 54.60. Héroux-Devtek has a 52 week low of C$12.52 and a 52 week high of C$20.10. The stock has a market capitalization of C$676.37 million, a PE ratio of 28.56, a price-to-earnings-growth ratio of 1.02 and a beta of 1.63. The firm has a 50 day moving average of C$18.41 and a two-hundred day moving average of C$16.45.

About Héroux-Devtek

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.