Héroux-Devtek (TSX:HRX) - Stock Price, News & Analysis

HRX Stock Overview

HRX fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	3/6
Past Performance	5/6
Financial Health	4/6
Dividends	0/6

Rewards

Trading at 36.1% below our estimate of its fair value

Earnings are forecast to grow 27.75% per year

Earnings grew by 25.6% over the past year

Analysts in good agreement that stock price will rise by 25.6%

Risk Analysis

Debt is not well covered by operating cash flow

Héroux-Devtek Inc. Competitors

Magellan Aerospace

TSX:MAL

CA$462.3m

MDA

TSX:MDA

CA$1.7b

Bombardier

TSX:BBD.B

CA$5.6b

CAE

TSX:CAE

CA$8.4b

Price History & Performance

Summary of all time highs, changes and price drops for Héroux-Devtek
Historical stock prices
Current Share Price	CA$19.51
52 Week High	CA$19.45
52 Week Low	CA$12.52
Beta	1.63
1 Month Change	9.61%
3 Month Change	27.43%
1 Year Change	53.02%
3 Year Change	18.67%
5 Year Change	18.03%
Change since IPO	119.83%

Results: Héroux-Devtek Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Feb 10

Is Now The Time To Look At Buying Héroux-Devtek Inc. (TSE:HRX)?

Feb 09

Recent updates

Results: Héroux-Devtek Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Feb 10

Results: Héroux-Devtek Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Nov 18

Shareholder Returns

	HRX	CA Aerospace & Defense	CA Market
7D	3.2%	-2.5%	-3.0%
1Y	53.0%	-7.0%	3.2%

Return vs Industry: HRX exceeded the Canadian Aerospace & Defense industry which returned -6.6% over the past year.

Return vs Market: HRX exceeded the Canadian Market which returned 3.9% over the past year.

Price Volatility

Is HRX's price volatile compared to industry and market?
HRX volatility
HRX Average Weekly Movement	4.2%
Aerospace & Defense Industry Average Movement	6.7%
Market Average Movement	9.1%
10% most volatile stocks in CA Market	18.3%
10% least volatile stocks in CA Market	3.1%

Stable Share Price: HRX has not had significant price volatility in the past 3 months.

Volatility Over Time: HRX's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1942	n/a	Martin Brassard	www.herouxdevtek.com

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. It operates in Canada, the United States, the United Kingdom, Rest of Europe, Spain, and internationally.

Héroux-Devtek Inc. Fundamentals Summary

How do Héroux-Devtek's earnings and revenue compare to its market cap?
HRX fundamental statistics
Market cap	CA$648.00m
Earnings (TTM)	CA$23.87m
Revenue (TTM)	CA$601.69m

27.5x

P/E Ratio

1.1x

P/S Ratio

Is HRX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HRX income statement (TTM)
Revenue	CA$601.69m
Cost of Revenue	CA$507.27m
Gross Profit	CA$94.42m
Other Expenses	CA$70.56m
Earnings	CA$23.87m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.71
Gross Margin	15.69%
Net Profit Margin	3.97%
Debt/Equity Ratio	50.8%

How did HRX perform over the long term?

See historical performance and comparison

HRX Stock Overview

Rewards

Risk Analysis

Héroux-Devtek Inc. Competitors

TSX:MAL

CA$462.3m

TSX:MDA

CA$1.7b

TSX:BBD.B

CA$5.6b

TSX:CAE

CA$8.4b

Price History & Performance

Recent News & Updates

Price target increased by 7.5% to CA$24.50

Results: Héroux-Devtek Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Is Now The Time To Look At Buying Héroux-Devtek Inc. (TSE:HRX)?

Consensus EPS estimates increase by 26%

Price target increased by 7.3% to CA$20.70

Recent updates

Price target increased by 7.5% to CA$24.50

Results: Héroux-Devtek Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Is Now The Time To Look At Buying Héroux-Devtek Inc. (TSE:HRX)?

Consensus EPS estimates increase by 26%

Price target increased by 7.3% to CA$20.70

Héroux-Devtek Inc. to Report Q3, 2024 Results on Feb 07, 2024

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Héroux-Devtek Inc. to Report Q2, 2024 Results on Nov 10, 2023

New major risk - Financial position

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Now 20% undervalued

Héroux-Devtek Inc., Annual General Meeting, Aug 08, 2023

Now 20% undervalued

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates fall by 40%

Third quarter 2023 earnings: Revenues in line with analyst expectations

Consensus EPS estimates fall by 42%

At CA$16.20, Is Héroux-Devtek Inc. (TSE:HRX) Worth Looking At Closely?

Investor sentiment improves as stock rises 16%

Héroux-Devtek Inc. to Report Q3, 2023 Results on Feb 08, 2023

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Héroux-Devtek Inc. to Report Q2, 2023 Results on Nov 11, 2022

Consensus EPS estimates fall by 28%

Price target decreased to CA$21.80

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Héroux-Devtek Inc. to Report Q1, 2023 Results on Aug 05, 2022

Insider exercised options to buy CA$74k worth of stock.

CFO & VP recently sold CA$383k worth of stock

Héroux-Devtek Inc., Annual General Meeting, Aug 05, 2022

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates fall by 13%

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Now 23% undervalued after recent price drop

President exercised options to buy CA$568k worth of stock.

Second quarter 2022 earnings released: EPS CA$0.21 (vs CA$0.11 in 2Q 2021)

Executive Chairman of the Board exercised options to buy CA$325k worth of stock.

First quarter 2022 earnings released: EPS CA$0.19 (vs CA$0.038 loss in 1Q 2021)

President exercised options to buy CA$188k worth of stock.

Is It Time To Consider Buying Héroux-Devtek Inc. (TSE:HRX)?

We Like Héroux-Devtek's (TSE:HRX) Earnings For More Than Just Statutory Profit

Full year 2021 earnings released: EPS CA$0.55 (vs CA$1.38 loss in FY 2020)

Price target increased to CA$22.00

Calculating The Fair Value Of Héroux-Devtek Inc. (TSE:HRX)

Is Héroux-Devtek (TSE:HRX) Using Too Much Debt?

New 90-day high: CA$16.46

Our Take On The Returns On Capital At Héroux-Devtek (TSE:HRX)

This Insider Has Just Sold Shares In Héroux-Devtek Inc. (TSE:HRX)

Héroux-Devtek Inc. Appoints Didier Evrard as Director

Third quarter 2021 earnings released: EPS CA$0.24 (vs CA$0.24 in 3Q 2020)

Revenue and earnings beat expectations

Price target raised to CA$18.83

New 90-day high: CA$15.40

Is There Now An Opportunity In Héroux-Devtek Inc. (TSE:HRX)?

A Look At The Intrinsic Value Of Héroux-Devtek Inc. (TSE:HRX)

Héroux-Devtek Inc. to Report Q3, 2021 Results on Feb 05, 2021

New 90-day high: CA$14.94

A Look At Héroux-Devtek's (TSE:HRX) Share Price Returns