View Financial HealthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsHéroux-Devtek 配当と自社株買い配当金 基準チェック /06Héroux-Devtek配当金を支払った記録がありません。主要情報n/a配当利回り0.3%バイバック利回り総株主利回り0.3%将来の配当利回りn/a配当成長n/a次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向n/a最近の配当と自社株買いの更新更新なしすべての更新を表示Recent updatesお知らせ • Feb 12+ 1 more updateHéroux-Devtek's Shares to Be De-Listed from the Toronto Stock Exchange by February 13, 2025Héroux-Devtek Inc. announced the completion of the previously announced plan of arrangement under the provisions of the Business Corporations Act (Québec) involving Héroux-Devtek and an affiliate of Platinum Equity Advisors, LLC, pursuant to which the Purchaser has acquired, directly or indirectly, all the issued and outstanding common shares of the Corporation for $32.50 in cash per Share. As a result of the completion of the Arrangement, the Shares will be de-listed from the Toronto Stock Exchange by February 13, 2025 and Héroux-Devtek will apply to cease to be a reporting issuer under Canadian securities laws in all provinces and territories of Canada.お知らせ • Sep 20Héroux-Devtek Expects to Delist from TSXSubject to the terms of the Arrangement Agreement and the approval of the Arrangement Resolution by the Shareholders at the Meeting in the manner required by the Interim Order, Héroux-Devtek Inc. will make an application to the Court for the Final Order. The application for the Final Order approving the Arrangement is expected to take place before the Superior Court of Quebec (Commercial Division), sitting in the district of Montreal, on September 16, 2024 See Appendix E for the notice of presentation of the Final Order. At the hearing, any Shareholder and any other interested party who wishes to participate or to be represented or present evidence or argument may do so, subject to filing with the Court and serving upon the Corporation a notice of appearance together with any evidence or materials that such party intends to present to the Court, in the timelines and in the manner described in the Interim Order. The Corporation expects that the Shares will be delisted from the TSX promptly following the Effective Date. Following the Effective Date, it is expected that the Purchaser will cause the Corporation to apply to cease to be a reporting issuer under the Securities Laws of each province and territory of Canada.Major Estimate Revision • Aug 13Consensus EPS estimates increase by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from CA$685.9m to CA$711.0m. EPS estimate increased from CA$1.38 to CA$1.62 per share. Net income forecast to grow 24% next year vs 38% growth forecast for Aerospace & Defense industry in Canada. Consensus price target of CA$30.25 unchanged from last update. Share price was steady at CA$31.19 over the past week.Reported Earnings • Aug 07First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: CA$0.37 (up from CA$0.12 in 1Q 2024). Revenue: CA$174.0m (up 24% from 1Q 2024). Net income: CA$12.5m (up 216% from 1Q 2024). Profit margin: 7.2% (up from 2.8% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates by 54%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Aerospace & Defense industry in Canada. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jul 11Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CA$30.95, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 15x in the Aerospace & Defense industry in Canada. Total returns to shareholders of 81% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$54.67 per share.分析記事 • Jun 08Héroux-Devtek Inc. (TSE:HRX) Stock Rockets 28% As Investors Are Less Pessimistic Than ExpectedDespite an already strong run, Héroux-Devtek Inc. ( TSE:HRX ) shares have been powering on, with a gain of 28% in the...分析記事 • May 29Investors Shouldn't Be Too Comfortable With Héroux-Devtek's (TSE:HRX) EarningsUnsurprisingly, Héroux-Devtek Inc.'s ( TSE:HRX ) stock price was strong on the back of its healthy earnings report. We...Major Estimate Revision • May 29Consensus EPS estimates increase by 21%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from CA$651.3m to CA$681.7m. EPS estimate increased from CA$1.10 to CA$1.34 per share. Net income forecast to grow 18% next year vs 35% growth forecast for Aerospace & Defense industry in Canada. Consensus price target up from CA$24.38 to CA$30.25. Share price was steady at CA$22.66 over the past week.Reported Earnings • May 23Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: CA$1.13 (up from CA$0.40 in FY 2023). Revenue: CA$629.8m (up 16% from FY 2023). Net income: CA$38.3m (up 177% from FY 2023). Profit margin: 6.1% (up from 2.5% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 36%. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Aerospace & Defense industry in Canada. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.分析記事 • May 23What Is Héroux-Devtek Inc.'s (TSE:HRX) Share Price Doing?Héroux-Devtek Inc. ( TSE:HRX ), might not be a large cap stock, but it led the TSX gainers with a relatively large...お知らせ • May 22Héroux-Devtek Inc., Annual General Meeting, Aug 06, 2024Héroux-Devtek Inc., Annual General Meeting, Aug 06, 2024.お知らせ • Apr 23Héroux-Devtek Inc. to Report Q4, 2024 Results on May 22, 2024Héroux-Devtek Inc. announced that they will report Q4, 2024 results Pre-Market on May 22, 2024Price Target Changed • Apr 16Price target increased by 7.5% to CA$24.50Up from CA$22.80, the current price target is an average from 5 analysts. New target price is 26% above last closing price of CA$19.51. Stock is up 53% over the past year. The company is forecast to post earnings per share of CA$0.82 for next year compared to CA$0.40 last year.分析記事 • Feb 10Results: Héroux-Devtek Inc. Beat Earnings Expectations And Analysts Now Have New ForecastsAs you might know, Héroux-Devtek Inc. ( TSE:HRX ) just kicked off its latest quarterly results with some very strong...Reported Earnings • Feb 10Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: CA$0.27 (up from CA$0.052 in 3Q 2023). Revenue: CA$163.5m (up 16% from 3Q 2023). Net income: CA$8.98m (up 407% from 3Q 2023). Profit margin: 5.5% (up from 1.3% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 9.9%. Earnings per share (EPS) also surpassed analyst estimates by 66%. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Aerospace & Defense industry in Canada. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.分析記事 • Feb 09Is Now The Time To Look At Buying Héroux-Devtek Inc. (TSE:HRX)?Héroux-Devtek Inc. ( TSE:HRX ), is not the largest company out there, but it saw a decent share price growth of 18% on...Major Estimate Revision • Feb 08Consensus EPS estimates increase by 26%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from CA$593.7m to CA$617.0m. EPS estimate increased from CA$0.655 to CA$0.825 per share. Net income forecast to grow 89% next year vs 34% growth forecast for Aerospace & Defense industry in Canada. Consensus price target up from CA$19.50 to CA$22.80. Share price rose 13% to CA$17.25 over the past week.Price Target Changed • Feb 07Price target increased by 7.3% to CA$20.70Up from CA$19.30, the current price target is an average from 5 analysts. New target price is 25% above last closing price of CA$16.55. Stock is up 20% over the past year. The company is forecast to post earnings per share of CA$0.81 for next year compared to CA$0.40 last year.お知らせ • Jan 17Héroux-Devtek Inc. to Report Q3, 2024 Results on Feb 07, 2024Héroux-Devtek Inc. announced that they will report Q3, 2024 results Pre-Market on Feb 07, 2024Reported Earnings • Nov 12Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: CA$0.14. Revenue: CA$141.5m (up 6.6% from 2Q 2023). Net income: CA$4.63m (down 3.6% from 2Q 2023). Profit margin: 3.3% (down from 3.6% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 3.4%. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Aerospace & Defense industry in Canada.お知らせ • Oct 19Héroux-Devtek Inc. to Report Q2, 2024 Results on Nov 10, 2023Héroux-Devtek Inc. announced that they will report Q2, 2024 results Pre-Market on Nov 10, 2023New Risk • Aug 09New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 3.1% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (3.1% operating cash flow to total debt). Minor Risk Profit margins are more than 30% lower than last year (3.0% net profit margin).Reported Earnings • Aug 08First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: CA$0.12 (up from CA$0.028 in 1Q 2023). Revenue: CA$140.7m (up 23% from 1Q 2023). Net income: CA$3.97m (up 311% from 1Q 2023). Profit margin: 2.8% (up from 0.8% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Aerospace & Defense industry in Canada. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Jun 08Now 20% undervaluedOver the last 90 days, the stock is up 4.9%. The fair value is estimated to be CA$17.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.9% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 18% in 2 years. Earnings is forecast to grow by 135% in the next 2 years.お知らせ • May 26Héroux-Devtek Inc., Annual General Meeting, Aug 08, 2023Héroux-Devtek Inc., Annual General Meeting, Aug 08, 2023.Buying Opportunity • May 21Now 20% undervaluedOver the last 90 days, the stock is up 4.7%. The fair value is estimated to be CA$17.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.9% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 18% in 2 years. Earnings is forecast to grow by 135% in the next 2 years.Reported Earnings • May 19Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: CA$0.40 (down from CA$0.91 in FY 2022). Revenue: CA$543.6m (up 1.4% from FY 2022). Net income: CA$13.8m (down 57% from FY 2022). Profit margin: 2.5% (down from 6.1% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is forecast to grow 8.1% p.a. on average during the next 2 years, compared to a 9.5% growth forecast for the Aerospace & Defense industry in Canada. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Feb 15Consensus EPS estimates fall by 40%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from CA$0.588 to CA$0.353 per share. Revenue forecast steady at CA$535.4m. Net income forecast to grow 4.9% next year vs 21% growth forecast for Aerospace & Defense industry in Canada. Consensus price target down from CA$20.17 to CA$18.25. Share price fell 15% to CA$13.15 over the past week.Reported Earnings • Feb 09Third quarter 2023 earnings: Revenues in line with analyst expectationsThird quarter 2023 results: Revenue: CA$140.9m (up 7.4% from 3Q 2022). Net income: CA$1.77m (down 73% from 3Q 2022). Profit margin: 1.3% (down from 4.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Aerospace & Defense industry in Canada. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Major Estimate Revision • Feb 08Consensus EPS estimates fall by 42%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from CA$0.59 to CA$0.34 per share. Revenue forecast steady at CA$534.7m. Net income forecast to shrink 8.3% next year vs 21% growth forecast for Aerospace & Defense industry in Canada . Consensus price target down from CA$20.33 to CA$19.50. Share price fell 9.1% to CA$13.81 over the past week.分析記事 • Feb 03At CA$16.20, Is Héroux-Devtek Inc. (TSE:HRX) Worth Looking At Closely?While Héroux-Devtek Inc. ( TSE:HRX ) might not be the most widely known stock at the moment, it received a lot of...Valuation Update With 7 Day Price Move • Feb 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CA$16.20, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 23x in the Aerospace & Defense industry in North America. Total loss to shareholders of 24% over the past three years.お知らせ • Jan 19Héroux-Devtek Inc. to Report Q3, 2023 Results on Feb 08, 2023Héroux-Devtek Inc. announced that they will report Q3, 2023 results Pre-Market on Feb 08, 2023Reported Earnings • Nov 16Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: CA$0.14 (down from CA$0.21 in 2Q 2022). Revenue: CA$132.7m (up 1.1% from 2Q 2022). Net income: CA$4.80m (down 38% from 2Q 2022). Profit margin: 3.6% (down from 5.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 7.3%. Earnings per share (EPS) also surpassed analyst estimates by 67%. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Aerospace & Defense industry in Canada. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 12Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: CA$0.14 (down from CA$0.21 in 2Q 2022). Revenue: CA$132.7m (up 1.1% from 2Q 2022). Net income: CA$4.80m (down 38% from 2Q 2022). Profit margin: 3.6% (down from 5.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 7.3%. Earnings per share (EPS) also surpassed analyst estimates by 67%. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Aerospace & Defense industry in Canada. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.お知らせ • Nov 01Héroux-Devtek Inc. to Report Q2, 2023 Results on Nov 11, 2022Héroux-Devtek Inc. announced that they will report Q2, 2023 results Pre-Market on Nov 11, 2022Major Estimate Revision • Aug 12Consensus EPS estimates fall by 28%The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from CA$580.6m to CA$533.3m. EPS estimate also fell from CA$1.02 per share to CA$0.74 per share. Net income forecast to grow 3.9% next year vs 28% growth forecast for Aerospace & Defense industry in Canada. Consensus price target down from CA$23.57 to CA$21.80. Share price rose 3.1% to CA$14.01 over the past week.Price Target Changed • Aug 09Price target decreased to CA$21.80Down from CA$23.57, the current price target is an average from 6 analysts. New target price is 61% above last closing price of CA$13.58. Stock is down 26% over the past year. The company is forecast to post earnings per share of CA$0.82 for next year compared to CA$0.91 last year.Reported Earnings • Aug 06First quarter 2023 earnings: EPS and revenues miss analyst expectationsFirst quarter 2023 results: EPS: CA$0.03 (down from CA$0.19 in 1Q 2022). Revenue: CA$114.1m (down 9.6% from 1Q 2022). Net income: CA$965.0k (down 86% from 1Q 2022). Profit margin: 0.8% (down from 5.4% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 85%. Over the next year, revenue is forecast to grow 5.5%, compared to a 46% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.お知らせ • Jul 08Héroux-Devtek Inc. to Report Q1, 2023 Results on Aug 05, 2022Héroux-Devtek Inc. announced that they will report Q1, 2023 results Pre-Market on Aug 05, 2022Recent Insider Transactions Derivative • Jun 17Insider exercised options to buy CA$74k worth of stock.On the 10th of June, Jean Gravel exercised options to buy 5k shares at a strike price of around CA$10.71, costing a total of CA$54k. This transaction amounted to 9.5% of their direct individual holding at the time of the trade. Since September 2021, Jean's direct individual holding has increased from 50.73k shares to 52.64k. Company insiders have collectively bought CA$1.1m more than they sold, via options and on-market transactions, in the last 12 months.Recent Insider Transactions • Jun 01CFO & VP recently sold CA$383k worth of stockOn the 27th of May, Stéphane Arsenault sold around 25k shares on-market at roughly CA$15.32 per share. This was the largest sale by an insider in the last 3 months. Stéphane has been a seller over the last 12 months, reducing personal holdings by CA$556k.お知らせ • May 21Héroux-Devtek Inc., Annual General Meeting, Aug 05, 2022Héroux-Devtek Inc., Annual General Meeting, Aug 05, 2022.Reported Earnings • May 19Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: CA$0.91 (up from CA$0.55 in FY 2021). Revenue: CA$536.1m (down 6.1% from FY 2021). Net income: CA$32.5m (up 62% from FY 2021). Profit margin: 6.1% (up from 3.5% in FY 2021). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Over the next year, revenue is forecast to grow 8.4%, compared to a 57% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Major Estimate Revision • Feb 16Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CA$561.7m to CA$531.8m. EPS estimate also fell from CA$0.94 per share to CA$0.83 per share. Net income forecast to grow 18% next year vs 17% growth forecast for Aerospace & Defense industry in Canada. Consensus price target broadly unchanged at CA$24.25. Share price fell 3.5% to CA$17.06 over the past week.Reported Earnings • Feb 11Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: CA$0.18 (down from CA$0.24 in 3Q 2021). Revenue: CA$131.1m (down 13% from 3Q 2021). Net income: CA$6.47m (down 25% from 3Q 2021). Profit margin: 4.9% (down from 5.7% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 9.3%. Earnings per share (EPS) also missed analyst estimates by 22%. Over the next year, revenue is forecast to grow 5.2%, compared to a 37% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.Buying Opportunity • Feb 04Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be CA$22.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.5% per annum over the last 3 years. The company has become profitable over the last year.Recent Insider Transactions Derivative • Nov 19President exercised options to buy CA$568k worth of stock.On the 15th of November, Martin Brassard exercised options to buy 30k shares at a strike price of around CA$11.45, costing a total of CA$344k. This transaction amounted to 16% of their direct individual holding at the time of the trade. Since December 2020, Martin's direct individual holding has increased from 180.30k shares to 190.77k. Company insiders have collectively bought CA$648k more than they sold, via options and on-market transactions, in the last 12 months.Reported Earnings • Nov 14Second quarter 2022 earnings released: EPS CA$0.21 (vs CA$0.11 in 2Q 2021)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: CA$131.3m (down 4.2% from 2Q 2021). Net income: CA$7.76m (up 99% from 2Q 2021). Profit margin: 5.9% (up from 2.8% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.Recent Insider Transactions Derivative • Aug 13Executive Chairman of the Board exercised options to buy CA$325k worth of stock.On the 11th of August, Gilles Labbé exercised options to buy 18k shares at a strike price of around CA$11.31, costing a total of CA$201k. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. Since December 2020, Gilles has owned 3.73m shares directly. Company insiders have collectively bought CA$477k more than they sold, via options and on-market transactions, in the last 12 months.Reported Earnings • Aug 12First quarter 2022 earnings released: EPS CA$0.19 (vs CA$0.038 loss in 1Q 2021)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2022 results: Revenue: CA$126.2m (down 1.7% from 1Q 2021). Net income: CA$6.84m (up CA$8.24m from 1Q 2021). Profit margin: 5.4% (up from net loss in 1Q 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Recent Insider Transactions Derivative • Jul 03President exercised options to buy CA$188k worth of stock.On the 25th of June, Martin Brassard exercised options to buy 10k shares at a strike price of around CA$11.31, costing a total of CA$118k. This transaction amounted to 5.8% of their direct individual holding at the time of the trade. Since December 2020, Martin has owned 180.30k shares directly. Company insiders have collectively bought CA$131k more than they sold, via options and on-market transactions, in the last 12 months.分析記事 • Jun 11Is It Time To Consider Buying Héroux-Devtek Inc. (TSE:HRX)?Héroux-Devtek Inc. ( TSE:HRX ), might not be a large cap stock, but it received a lot of attention from a substantial...分析記事 • May 27We Like Héroux-Devtek's (TSE:HRX) Earnings For More Than Just Statutory ProfitHéroux-Devtek Inc.'s ( TSE:HRX ) recent earnings report didn't offer any surprises, with the shares unchanged over the...Reported Earnings • May 22Full year 2021 earnings released: EPS CA$0.55 (vs CA$1.38 loss in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: CA$570.7m (down 6.9% from FY 2020). Net income: CA$20.1m (up CA$70.2m from FY 2020). Profit margin: 3.5% (up from net loss in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.Price Target Changed • May 21Price target increased to CA$22.00Up from CA$20.25, the current price target is an average from 4 analysts. New target price is 28% above last closing price of CA$17.23. Stock is up 83% over the past year.分析記事 • May 04Calculating The Fair Value Of Héroux-Devtek Inc. (TSE:HRX)Today we will run through one way of estimating the intrinsic value of Héroux-Devtek Inc. ( TSE:HRX ) by taking the...分析記事 • Apr 03Is Héroux-Devtek (TSE:HRX) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Is New 90 Day High Low • Mar 13New 90-day high: CA$16.46The company is up 19% from its price of CA$13.85 on 11 December 2020. The Canadian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Aerospace & Defense industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$17.56 per share.分析記事 • Mar 04Our Take On The Returns On Capital At Héroux-Devtek (TSE:HRX)Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...分析記事 • Feb 17This Insider Has Just Sold Shares In Héroux-Devtek Inc. (TSE:HRX)We wouldn't blame Héroux-Devtek Inc. ( TSE:HRX ) shareholders if they were a little worried about the fact that Gilles...お知らせ • Feb 12Héroux-Devtek Inc. Appoints Didier Evrard as DirectorHéroux-Devtek Inc. announced the appointment of Mr. Didier Evrard as Director of the Corporation. A 40-year European aerospace veteran, Mr. Evrard most recently served as Executive Vice President and Head of Programs at Airbus Commercial Aircraft, a position he held for nearly five years. In this capacity, he was responsible for all civil aircraft programs, ensuring their profitability and leading product policy.Reported Earnings • Feb 07Third quarter 2021 earnings released: EPS CA$0.24 (vs CA$0.24 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2021 results: Revenue: CA$150.3m (down 4.4% from 3Q 2020). Net income: CA$8.60m (down 2.3% from 3Q 2020). Profit margin: 5.7% (up from 5.6% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 85% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Analyst Estimate Surprise Post Earnings • Feb 07Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 8.1%. Earnings per share (EPS) also surpassed analyst estimates by 71%. Over the next year, revenue is expected to shrink by 2.3% compared to a 499% growth forecast for the Aerospace & Defense industry in Canada.Price Target Changed • Feb 07Price target raised to CA$18.83Up from CA$17.50, the current price target is an average from 5 analysts. The new target price is 22% above the current share price of CA$15.40. As of last close, the stock is down 28% over the past year.Is New 90 Day High Low • Feb 06New 90-day high: CA$15.40The company is up 41% from its price of CA$10.96 on 06 November 2020. The Canadian market is up 14% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Aerospace & Defense industry, which is up 43% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$20.55 per share.分析記事 • Feb 04Is There Now An Opportunity In Héroux-Devtek Inc. (TSE:HRX)?Héroux-Devtek Inc. ( TSE:HRX ), is not the largest company out there, but it received a lot of attention from a...分析記事 • Jan 20A Look At The Intrinsic Value Of Héroux-Devtek Inc. (TSE:HRX)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Héroux-Devtek Inc...お知らせ • Jan 14Héroux-Devtek Inc. to Report Q3, 2021 Results on Feb 05, 2021Héroux-Devtek Inc. announced that they will report Q3, 2021 results Pre-Market on Feb 05, 2021Is New 90 Day High Low • Jan 07New 90-day high: CA$14.94The company is up 44% from its price of CA$10.41 on 08 October 2020. The Canadian market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Aerospace & Defense industry, which is up 57% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$14.95 per share.分析記事 • Jan 02A Look At Héroux-Devtek's (TSE:HRX) Share Price ReturnsHéroux-Devtek Inc. ( TSE:HRX ) shareholders will doubtless be very grateful to see the share price up 48% in the last...分析記事 • Dec 18What You Need To Know About Héroux-Devtek Inc.'s (TSE:HRX) Investor CompositionEvery investor in Héroux-Devtek Inc. ( TSE:HRX ) should be aware of the most powerful shareholder groups. Large...分析記事 • Dec 03How Much Are Héroux-Devtek Inc. (TSE:HRX) Insiders Spending On Buying Shares?We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The...分析記事 • Nov 18Results: Héroux-Devtek Inc. Exceeded Expectations And The Consensus Has Updated Its EstimatesHéroux-Devtek Inc. (TSE:HRX) just released its quarterly report and things are looking bullish. It was overall a...Price Target Changed • Nov 17Price target raised to CA$16.33Up from CA$14.67, the current price target is an average from 5 analysts. The new target price is 13% above the current share price of CA$14.44. As of last close, the stock is down 24% over the past year.Analyst Estimate Surprise Post Earnings • Nov 15Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 6.6%. Earnings per share (EPS) also surpassed analyst estimates by 47%. Over the next year, revenue is expected to shrink by 5.6% compared to a 421% growth forecast for the Aerospace & Defense industry in Canada.Is New 90 Day High Low • Nov 10New 90-day high: CA$12.29The company is up 9.0% from its price of CA$11.30 on 12 August 2020. The Canadian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Aerospace & Defense industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$12.62 per share.お知らせ • Oct 28Héroux-Devtek Inc. to Report Q2, 2021 Results on Nov 13, 2020Héroux-Devtek Inc. announced that they will report Q2, 2021 results on Nov 13, 2020お知らせ • Oct 06Héroux-Devtek Inc.'s CESA subsidiary in Spain Receives Major Multi-Year Supply Agreement with Boeing for the Manufacture of Several Actuation ComponentsHéroux-Devtek Inc. announced that its CESA subsidiary in Spain has been awarded a major multi-year contract by The Boeing Company to manufacture new actuation components for several commercial aircraft platforms. The contract scope will include the supply of production requirements and spare parts for the 787, 777, 777X, 767 (including the Tanker version), and 747.Is New 90 Day High Low • Oct 01New 90-day low: CA$9.24The company is down 12% from its price of CA$10.50 on 03 July 2020. The Canadian market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Aerospace & Defense industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$11.84 per share.お知らせ • Jul 31Héroux-Devtek Inc. to Report Q1, 2021 Results on Aug 07, 2020Héroux-Devtek Inc. announced that they will report Q1, 2021 results at 9:00 AM, Eastern Standard Time on Aug 07, 2020決済の安定と成長配当データの取得安定した配当: HRXの 1 株当たり配当が過去に安定していたかどうかを判断するにはデータが不十分です。増加する配当: HRXの配当金が増加しているかどうかを判断するにはデータが不十分です。配当利回り対市場Héroux-Devtek 配当利回り対市場HRX 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (HRX)n/a市場下位25% (CA)1.7%市場トップ25% (CA)5.5%業界平均 (Aerospace & Defense)1.2%アナリスト予想 (HRX) (最長3年)n/a注目すべき配当: HRXは最近配当金を報告していないため、配当金支払者の下位 25% に対して同社の配当利回りを評価することはできません。高配当: HRXは最近配当金を報告していないため、配当金支払者の上位 25% に対して同社の配当利回りを評価することはできません。株主への利益配当収益カバレッジ: HRXの 配当性向 を計算して配当金の支払いが利益で賄われているかどうかを判断するにはデータが不十分です。株主配当金キャッシュフローカバレッジ: HRXが配当金を報告していないため、配当金の持続可能性を計算できません。高配当企業の発掘7D1Y7D1Y7D1YCA 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2025/02/11 15:59終値2025/02/11 00:00収益2024/09/30年間収益2024/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Héroux-Devtek Inc. 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。7 アナリスト機関David NewmanATB Cormark Historical (Cormark Securities)Cameron DoerksenCantor Fitzgerald Canada CorporationBenoit PoirierDesjardins Securities Inc.4 その他のアナリストを表示
お知らせ • Feb 12+ 1 more updateHéroux-Devtek's Shares to Be De-Listed from the Toronto Stock Exchange by February 13, 2025Héroux-Devtek Inc. announced the completion of the previously announced plan of arrangement under the provisions of the Business Corporations Act (Québec) involving Héroux-Devtek and an affiliate of Platinum Equity Advisors, LLC, pursuant to which the Purchaser has acquired, directly or indirectly, all the issued and outstanding common shares of the Corporation for $32.50 in cash per Share. As a result of the completion of the Arrangement, the Shares will be de-listed from the Toronto Stock Exchange by February 13, 2025 and Héroux-Devtek will apply to cease to be a reporting issuer under Canadian securities laws in all provinces and territories of Canada.
お知らせ • Sep 20Héroux-Devtek Expects to Delist from TSXSubject to the terms of the Arrangement Agreement and the approval of the Arrangement Resolution by the Shareholders at the Meeting in the manner required by the Interim Order, Héroux-Devtek Inc. will make an application to the Court for the Final Order. The application for the Final Order approving the Arrangement is expected to take place before the Superior Court of Quebec (Commercial Division), sitting in the district of Montreal, on September 16, 2024 See Appendix E for the notice of presentation of the Final Order. At the hearing, any Shareholder and any other interested party who wishes to participate or to be represented or present evidence or argument may do so, subject to filing with the Court and serving upon the Corporation a notice of appearance together with any evidence or materials that such party intends to present to the Court, in the timelines and in the manner described in the Interim Order. The Corporation expects that the Shares will be delisted from the TSX promptly following the Effective Date. Following the Effective Date, it is expected that the Purchaser will cause the Corporation to apply to cease to be a reporting issuer under the Securities Laws of each province and territory of Canada.
Major Estimate Revision • Aug 13Consensus EPS estimates increase by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from CA$685.9m to CA$711.0m. EPS estimate increased from CA$1.38 to CA$1.62 per share. Net income forecast to grow 24% next year vs 38% growth forecast for Aerospace & Defense industry in Canada. Consensus price target of CA$30.25 unchanged from last update. Share price was steady at CA$31.19 over the past week.
Reported Earnings • Aug 07First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: CA$0.37 (up from CA$0.12 in 1Q 2024). Revenue: CA$174.0m (up 24% from 1Q 2024). Net income: CA$12.5m (up 216% from 1Q 2024). Profit margin: 7.2% (up from 2.8% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates by 54%. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Aerospace & Defense industry in Canada. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jul 11Investor sentiment improves as stock rises 23%After last week's 23% share price gain to CA$30.95, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 15x in the Aerospace & Defense industry in Canada. Total returns to shareholders of 81% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$54.67 per share.
分析記事 • Jun 08Héroux-Devtek Inc. (TSE:HRX) Stock Rockets 28% As Investors Are Less Pessimistic Than ExpectedDespite an already strong run, Héroux-Devtek Inc. ( TSE:HRX ) shares have been powering on, with a gain of 28% in the...
分析記事 • May 29Investors Shouldn't Be Too Comfortable With Héroux-Devtek's (TSE:HRX) EarningsUnsurprisingly, Héroux-Devtek Inc.'s ( TSE:HRX ) stock price was strong on the back of its healthy earnings report. We...
Major Estimate Revision • May 29Consensus EPS estimates increase by 21%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from CA$651.3m to CA$681.7m. EPS estimate increased from CA$1.10 to CA$1.34 per share. Net income forecast to grow 18% next year vs 35% growth forecast for Aerospace & Defense industry in Canada. Consensus price target up from CA$24.38 to CA$30.25. Share price was steady at CA$22.66 over the past week.
Reported Earnings • May 23Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: CA$1.13 (up from CA$0.40 in FY 2023). Revenue: CA$629.8m (up 16% from FY 2023). Net income: CA$38.3m (up 177% from FY 2023). Profit margin: 6.1% (up from 2.5% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 36%. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Aerospace & Defense industry in Canada. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
分析記事 • May 23What Is Héroux-Devtek Inc.'s (TSE:HRX) Share Price Doing?Héroux-Devtek Inc. ( TSE:HRX ), might not be a large cap stock, but it led the TSX gainers with a relatively large...
お知らせ • May 22Héroux-Devtek Inc., Annual General Meeting, Aug 06, 2024Héroux-Devtek Inc., Annual General Meeting, Aug 06, 2024.
お知らせ • Apr 23Héroux-Devtek Inc. to Report Q4, 2024 Results on May 22, 2024Héroux-Devtek Inc. announced that they will report Q4, 2024 results Pre-Market on May 22, 2024
Price Target Changed • Apr 16Price target increased by 7.5% to CA$24.50Up from CA$22.80, the current price target is an average from 5 analysts. New target price is 26% above last closing price of CA$19.51. Stock is up 53% over the past year. The company is forecast to post earnings per share of CA$0.82 for next year compared to CA$0.40 last year.
分析記事 • Feb 10Results: Héroux-Devtek Inc. Beat Earnings Expectations And Analysts Now Have New ForecastsAs you might know, Héroux-Devtek Inc. ( TSE:HRX ) just kicked off its latest quarterly results with some very strong...
Reported Earnings • Feb 10Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: CA$0.27 (up from CA$0.052 in 3Q 2023). Revenue: CA$163.5m (up 16% from 3Q 2023). Net income: CA$8.98m (up 407% from 3Q 2023). Profit margin: 5.5% (up from 1.3% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 9.9%. Earnings per share (EPS) also surpassed analyst estimates by 66%. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Aerospace & Defense industry in Canada. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
分析記事 • Feb 09Is Now The Time To Look At Buying Héroux-Devtek Inc. (TSE:HRX)?Héroux-Devtek Inc. ( TSE:HRX ), is not the largest company out there, but it saw a decent share price growth of 18% on...
Major Estimate Revision • Feb 08Consensus EPS estimates increase by 26%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from CA$593.7m to CA$617.0m. EPS estimate increased from CA$0.655 to CA$0.825 per share. Net income forecast to grow 89% next year vs 34% growth forecast for Aerospace & Defense industry in Canada. Consensus price target up from CA$19.50 to CA$22.80. Share price rose 13% to CA$17.25 over the past week.
Price Target Changed • Feb 07Price target increased by 7.3% to CA$20.70Up from CA$19.30, the current price target is an average from 5 analysts. New target price is 25% above last closing price of CA$16.55. Stock is up 20% over the past year. The company is forecast to post earnings per share of CA$0.81 for next year compared to CA$0.40 last year.
お知らせ • Jan 17Héroux-Devtek Inc. to Report Q3, 2024 Results on Feb 07, 2024Héroux-Devtek Inc. announced that they will report Q3, 2024 results Pre-Market on Feb 07, 2024
Reported Earnings • Nov 12Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: CA$0.14. Revenue: CA$141.5m (up 6.6% from 2Q 2023). Net income: CA$4.63m (down 3.6% from 2Q 2023). Profit margin: 3.3% (down from 3.6% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 3.4%. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Aerospace & Defense industry in Canada.
お知らせ • Oct 19Héroux-Devtek Inc. to Report Q2, 2024 Results on Nov 10, 2023Héroux-Devtek Inc. announced that they will report Q2, 2024 results Pre-Market on Nov 10, 2023
New Risk • Aug 09New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 3.1% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (3.1% operating cash flow to total debt). Minor Risk Profit margins are more than 30% lower than last year (3.0% net profit margin).
Reported Earnings • Aug 08First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: CA$0.12 (up from CA$0.028 in 1Q 2023). Revenue: CA$140.7m (up 23% from 1Q 2023). Net income: CA$3.97m (up 311% from 1Q 2023). Profit margin: 2.8% (up from 0.8% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Aerospace & Defense industry in Canada. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Jun 08Now 20% undervaluedOver the last 90 days, the stock is up 4.9%. The fair value is estimated to be CA$17.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.9% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 18% in 2 years. Earnings is forecast to grow by 135% in the next 2 years.
お知らせ • May 26Héroux-Devtek Inc., Annual General Meeting, Aug 08, 2023Héroux-Devtek Inc., Annual General Meeting, Aug 08, 2023.
Buying Opportunity • May 21Now 20% undervaluedOver the last 90 days, the stock is up 4.7%. The fair value is estimated to be CA$17.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.9% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 18% in 2 years. Earnings is forecast to grow by 135% in the next 2 years.
Reported Earnings • May 19Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: CA$0.40 (down from CA$0.91 in FY 2022). Revenue: CA$543.6m (up 1.4% from FY 2022). Net income: CA$13.8m (down 57% from FY 2022). Profit margin: 2.5% (down from 6.1% in FY 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is forecast to grow 8.1% p.a. on average during the next 2 years, compared to a 9.5% growth forecast for the Aerospace & Defense industry in Canada. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Feb 15Consensus EPS estimates fall by 40%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from CA$0.588 to CA$0.353 per share. Revenue forecast steady at CA$535.4m. Net income forecast to grow 4.9% next year vs 21% growth forecast for Aerospace & Defense industry in Canada. Consensus price target down from CA$20.17 to CA$18.25. Share price fell 15% to CA$13.15 over the past week.
Reported Earnings • Feb 09Third quarter 2023 earnings: Revenues in line with analyst expectationsThird quarter 2023 results: Revenue: CA$140.9m (up 7.4% from 3Q 2022). Net income: CA$1.77m (down 73% from 3Q 2022). Profit margin: 1.3% (down from 4.9% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Aerospace & Defense industry in Canada. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Major Estimate Revision • Feb 08Consensus EPS estimates fall by 42%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from CA$0.59 to CA$0.34 per share. Revenue forecast steady at CA$534.7m. Net income forecast to shrink 8.3% next year vs 21% growth forecast for Aerospace & Defense industry in Canada . Consensus price target down from CA$20.33 to CA$19.50. Share price fell 9.1% to CA$13.81 over the past week.
分析記事 • Feb 03At CA$16.20, Is Héroux-Devtek Inc. (TSE:HRX) Worth Looking At Closely?While Héroux-Devtek Inc. ( TSE:HRX ) might not be the most widely known stock at the moment, it received a lot of...
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CA$16.20, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 23x in the Aerospace & Defense industry in North America. Total loss to shareholders of 24% over the past three years.
お知らせ • Jan 19Héroux-Devtek Inc. to Report Q3, 2023 Results on Feb 08, 2023Héroux-Devtek Inc. announced that they will report Q3, 2023 results Pre-Market on Feb 08, 2023
Reported Earnings • Nov 16Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: CA$0.14 (down from CA$0.21 in 2Q 2022). Revenue: CA$132.7m (up 1.1% from 2Q 2022). Net income: CA$4.80m (down 38% from 2Q 2022). Profit margin: 3.6% (down from 5.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 7.3%. Earnings per share (EPS) also surpassed analyst estimates by 67%. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Aerospace & Defense industry in Canada. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 12Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: CA$0.14 (down from CA$0.21 in 2Q 2022). Revenue: CA$132.7m (up 1.1% from 2Q 2022). Net income: CA$4.80m (down 38% from 2Q 2022). Profit margin: 3.6% (down from 5.9% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 7.3%. Earnings per share (EPS) also surpassed analyst estimates by 67%. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Aerospace & Defense industry in Canada. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
お知らせ • Nov 01Héroux-Devtek Inc. to Report Q2, 2023 Results on Nov 11, 2022Héroux-Devtek Inc. announced that they will report Q2, 2023 results Pre-Market on Nov 11, 2022
Major Estimate Revision • Aug 12Consensus EPS estimates fall by 28%The consensus outlook for earnings per share (EPS) in 2023 has deteriorated. 2023 revenue forecast decreased from CA$580.6m to CA$533.3m. EPS estimate also fell from CA$1.02 per share to CA$0.74 per share. Net income forecast to grow 3.9% next year vs 28% growth forecast for Aerospace & Defense industry in Canada. Consensus price target down from CA$23.57 to CA$21.80. Share price rose 3.1% to CA$14.01 over the past week.
Price Target Changed • Aug 09Price target decreased to CA$21.80Down from CA$23.57, the current price target is an average from 6 analysts. New target price is 61% above last closing price of CA$13.58. Stock is down 26% over the past year. The company is forecast to post earnings per share of CA$0.82 for next year compared to CA$0.91 last year.
Reported Earnings • Aug 06First quarter 2023 earnings: EPS and revenues miss analyst expectationsFirst quarter 2023 results: EPS: CA$0.03 (down from CA$0.19 in 1Q 2022). Revenue: CA$114.1m (down 9.6% from 1Q 2022). Net income: CA$965.0k (down 86% from 1Q 2022). Profit margin: 0.8% (down from 5.4% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 85%. Over the next year, revenue is forecast to grow 5.5%, compared to a 46% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
お知らせ • Jul 08Héroux-Devtek Inc. to Report Q1, 2023 Results on Aug 05, 2022Héroux-Devtek Inc. announced that they will report Q1, 2023 results Pre-Market on Aug 05, 2022
Recent Insider Transactions Derivative • Jun 17Insider exercised options to buy CA$74k worth of stock.On the 10th of June, Jean Gravel exercised options to buy 5k shares at a strike price of around CA$10.71, costing a total of CA$54k. This transaction amounted to 9.5% of their direct individual holding at the time of the trade. Since September 2021, Jean's direct individual holding has increased from 50.73k shares to 52.64k. Company insiders have collectively bought CA$1.1m more than they sold, via options and on-market transactions, in the last 12 months.
Recent Insider Transactions • Jun 01CFO & VP recently sold CA$383k worth of stockOn the 27th of May, Stéphane Arsenault sold around 25k shares on-market at roughly CA$15.32 per share. This was the largest sale by an insider in the last 3 months. Stéphane has been a seller over the last 12 months, reducing personal holdings by CA$556k.
お知らせ • May 21Héroux-Devtek Inc., Annual General Meeting, Aug 05, 2022Héroux-Devtek Inc., Annual General Meeting, Aug 05, 2022.
Reported Earnings • May 19Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: CA$0.91 (up from CA$0.55 in FY 2021). Revenue: CA$536.1m (down 6.1% from FY 2021). Net income: CA$32.5m (up 62% from FY 2021). Profit margin: 6.1% (up from 3.5% in FY 2021). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Over the next year, revenue is forecast to grow 8.4%, compared to a 57% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Major Estimate Revision • Feb 16Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CA$561.7m to CA$531.8m. EPS estimate also fell from CA$0.94 per share to CA$0.83 per share. Net income forecast to grow 18% next year vs 17% growth forecast for Aerospace & Defense industry in Canada. Consensus price target broadly unchanged at CA$24.25. Share price fell 3.5% to CA$17.06 over the past week.
Reported Earnings • Feb 11Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: CA$0.18 (down from CA$0.24 in 3Q 2021). Revenue: CA$131.1m (down 13% from 3Q 2021). Net income: CA$6.47m (down 25% from 3Q 2021). Profit margin: 4.9% (down from 5.7% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 9.3%. Earnings per share (EPS) also missed analyst estimates by 22%. Over the next year, revenue is forecast to grow 5.2%, compared to a 37% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
Buying Opportunity • Feb 04Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be CA$22.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.5% per annum over the last 3 years. The company has become profitable over the last year.
Recent Insider Transactions Derivative • Nov 19President exercised options to buy CA$568k worth of stock.On the 15th of November, Martin Brassard exercised options to buy 30k shares at a strike price of around CA$11.45, costing a total of CA$344k. This transaction amounted to 16% of their direct individual holding at the time of the trade. Since December 2020, Martin's direct individual holding has increased from 180.30k shares to 190.77k. Company insiders have collectively bought CA$648k more than they sold, via options and on-market transactions, in the last 12 months.
Reported Earnings • Nov 14Second quarter 2022 earnings released: EPS CA$0.21 (vs CA$0.11 in 2Q 2021)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2022 results: Revenue: CA$131.3m (down 4.2% from 2Q 2021). Net income: CA$7.76m (up 99% from 2Q 2021). Profit margin: 5.9% (up from 2.8% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
Recent Insider Transactions Derivative • Aug 13Executive Chairman of the Board exercised options to buy CA$325k worth of stock.On the 11th of August, Gilles Labbé exercised options to buy 18k shares at a strike price of around CA$11.31, costing a total of CA$201k. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. Since December 2020, Gilles has owned 3.73m shares directly. Company insiders have collectively bought CA$477k more than they sold, via options and on-market transactions, in the last 12 months.
Reported Earnings • Aug 12First quarter 2022 earnings released: EPS CA$0.19 (vs CA$0.038 loss in 1Q 2021)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2022 results: Revenue: CA$126.2m (down 1.7% from 1Q 2021). Net income: CA$6.84m (up CA$8.24m from 1Q 2021). Profit margin: 5.4% (up from net loss in 1Q 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Recent Insider Transactions Derivative • Jul 03President exercised options to buy CA$188k worth of stock.On the 25th of June, Martin Brassard exercised options to buy 10k shares at a strike price of around CA$11.31, costing a total of CA$118k. This transaction amounted to 5.8% of their direct individual holding at the time of the trade. Since December 2020, Martin has owned 180.30k shares directly. Company insiders have collectively bought CA$131k more than they sold, via options and on-market transactions, in the last 12 months.
分析記事 • Jun 11Is It Time To Consider Buying Héroux-Devtek Inc. (TSE:HRX)?Héroux-Devtek Inc. ( TSE:HRX ), might not be a large cap stock, but it received a lot of attention from a substantial...
分析記事 • May 27We Like Héroux-Devtek's (TSE:HRX) Earnings For More Than Just Statutory ProfitHéroux-Devtek Inc.'s ( TSE:HRX ) recent earnings report didn't offer any surprises, with the shares unchanged over the...
Reported Earnings • May 22Full year 2021 earnings released: EPS CA$0.55 (vs CA$1.38 loss in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: CA$570.7m (down 6.9% from FY 2020). Net income: CA$20.1m (up CA$70.2m from FY 2020). Profit margin: 3.5% (up from net loss in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 70 percentage points per year, which is a significant difference in performance.
Price Target Changed • May 21Price target increased to CA$22.00Up from CA$20.25, the current price target is an average from 4 analysts. New target price is 28% above last closing price of CA$17.23. Stock is up 83% over the past year.
分析記事 • May 04Calculating The Fair Value Of Héroux-Devtek Inc. (TSE:HRX)Today we will run through one way of estimating the intrinsic value of Héroux-Devtek Inc. ( TSE:HRX ) by taking the...
分析記事 • Apr 03Is Héroux-Devtek (TSE:HRX) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Is New 90 Day High Low • Mar 13New 90-day high: CA$16.46The company is up 19% from its price of CA$13.85 on 11 December 2020. The Canadian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Aerospace & Defense industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$17.56 per share.
分析記事 • Mar 04Our Take On The Returns On Capital At Héroux-Devtek (TSE:HRX)Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
分析記事 • Feb 17This Insider Has Just Sold Shares In Héroux-Devtek Inc. (TSE:HRX)We wouldn't blame Héroux-Devtek Inc. ( TSE:HRX ) shareholders if they were a little worried about the fact that Gilles...
お知らせ • Feb 12Héroux-Devtek Inc. Appoints Didier Evrard as DirectorHéroux-Devtek Inc. announced the appointment of Mr. Didier Evrard as Director of the Corporation. A 40-year European aerospace veteran, Mr. Evrard most recently served as Executive Vice President and Head of Programs at Airbus Commercial Aircraft, a position he held for nearly five years. In this capacity, he was responsible for all civil aircraft programs, ensuring their profitability and leading product policy.
Reported Earnings • Feb 07Third quarter 2021 earnings released: EPS CA$0.24 (vs CA$0.24 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2021 results: Revenue: CA$150.3m (down 4.4% from 3Q 2020). Net income: CA$8.60m (down 2.3% from 3Q 2020). Profit margin: 5.7% (up from 5.6% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 85% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Analyst Estimate Surprise Post Earnings • Feb 07Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 8.1%. Earnings per share (EPS) also surpassed analyst estimates by 71%. Over the next year, revenue is expected to shrink by 2.3% compared to a 499% growth forecast for the Aerospace & Defense industry in Canada.
Price Target Changed • Feb 07Price target raised to CA$18.83Up from CA$17.50, the current price target is an average from 5 analysts. The new target price is 22% above the current share price of CA$15.40. As of last close, the stock is down 28% over the past year.
Is New 90 Day High Low • Feb 06New 90-day high: CA$15.40The company is up 41% from its price of CA$10.96 on 06 November 2020. The Canadian market is up 14% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Aerospace & Defense industry, which is up 43% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$20.55 per share.
分析記事 • Feb 04Is There Now An Opportunity In Héroux-Devtek Inc. (TSE:HRX)?Héroux-Devtek Inc. ( TSE:HRX ), is not the largest company out there, but it received a lot of attention from a...
分析記事 • Jan 20A Look At The Intrinsic Value Of Héroux-Devtek Inc. (TSE:HRX)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Héroux-Devtek Inc...
お知らせ • Jan 14Héroux-Devtek Inc. to Report Q3, 2021 Results on Feb 05, 2021Héroux-Devtek Inc. announced that they will report Q3, 2021 results Pre-Market on Feb 05, 2021
Is New 90 Day High Low • Jan 07New 90-day high: CA$14.94The company is up 44% from its price of CA$10.41 on 08 October 2020. The Canadian market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Aerospace & Defense industry, which is up 57% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$14.95 per share.
分析記事 • Jan 02A Look At Héroux-Devtek's (TSE:HRX) Share Price ReturnsHéroux-Devtek Inc. ( TSE:HRX ) shareholders will doubtless be very grateful to see the share price up 48% in the last...
分析記事 • Dec 18What You Need To Know About Héroux-Devtek Inc.'s (TSE:HRX) Investor CompositionEvery investor in Héroux-Devtek Inc. ( TSE:HRX ) should be aware of the most powerful shareholder groups. Large...
分析記事 • Dec 03How Much Are Héroux-Devtek Inc. (TSE:HRX) Insiders Spending On Buying Shares?We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The...
分析記事 • Nov 18Results: Héroux-Devtek Inc. Exceeded Expectations And The Consensus Has Updated Its EstimatesHéroux-Devtek Inc. (TSE:HRX) just released its quarterly report and things are looking bullish. It was overall a...
Price Target Changed • Nov 17Price target raised to CA$16.33Up from CA$14.67, the current price target is an average from 5 analysts. The new target price is 13% above the current share price of CA$14.44. As of last close, the stock is down 24% over the past year.
Analyst Estimate Surprise Post Earnings • Nov 15Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 6.6%. Earnings per share (EPS) also surpassed analyst estimates by 47%. Over the next year, revenue is expected to shrink by 5.6% compared to a 421% growth forecast for the Aerospace & Defense industry in Canada.
Is New 90 Day High Low • Nov 10New 90-day high: CA$12.29The company is up 9.0% from its price of CA$11.30 on 12 August 2020. The Canadian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Aerospace & Defense industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$12.62 per share.
お知らせ • Oct 28Héroux-Devtek Inc. to Report Q2, 2021 Results on Nov 13, 2020Héroux-Devtek Inc. announced that they will report Q2, 2021 results on Nov 13, 2020
お知らせ • Oct 06Héroux-Devtek Inc.'s CESA subsidiary in Spain Receives Major Multi-Year Supply Agreement with Boeing for the Manufacture of Several Actuation ComponentsHéroux-Devtek Inc. announced that its CESA subsidiary in Spain has been awarded a major multi-year contract by The Boeing Company to manufacture new actuation components for several commercial aircraft platforms. The contract scope will include the supply of production requirements and spare parts for the 787, 777, 777X, 767 (including the Tanker version), and 747.
Is New 90 Day High Low • Oct 01New 90-day low: CA$9.24The company is down 12% from its price of CA$10.50 on 03 July 2020. The Canadian market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Aerospace & Defense industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$11.84 per share.
お知らせ • Jul 31Héroux-Devtek Inc. to Report Q1, 2021 Results on Aug 07, 2020Héroux-Devtek Inc. announced that they will report Q1, 2021 results at 9:00 AM, Eastern Standard Time on Aug 07, 2020