Heroux Devtek Stock Analysis
| HRX Stock | CAD 31.73 0.22 0.70% |
Heroux Devtek is fairly valued with Real Value of 31.78 and Hype Value of 31.73. The main objective of Heroux Devtek stock analysis is to determine its intrinsic value, which is an estimate of what Heroux Devtek is worth, separate from its market price. There are two main types of Heroux Devtek's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Heroux Devtek's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Heroux Devtek's stock to identify patterns and trends that may indicate its future price movements.
The Heroux Devtek stock is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Heroux Devtek is usually not traded on Canada Day, Civic Holiday, Labour Day, Thanksgiving Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Heroux Stock trading window is adjusted to America/Toronto timezone.
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Heroux Stock Analysis Notes
About 46.0% of the company shares are owned by institutional investors. The book value of Heroux Devtek was currently reported as 12.77. The company has Price/Earnings To Growth (PEG) ratio of 0.98. Heroux Devtek last dividend was issued on the 20th of December 2012. Hroux-Devtek Inc. engages in the design, development, manufacture, and repair and overhaul of aircraft landing gears, hydraulic and electromechanical flight control actuators, custom ball screws, and fracture-critical components. Hroux-Devtek Inc. was founded in 1942 and is headquartered in Longueuil, Canada. HEROUX DEVTEK operates under Aerospace Defense classification in Canada and is traded on Toronto Stock Exchange. It employs 1960 people. To learn more about Heroux Devtek call Martin Brassard at 450 679 5450 or check out https://www.herouxdevtek.com.Heroux Devtek Quarterly Total Revenue |
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Heroux Devtek Investment Alerts
| Latest headline from news.google.com: Hroux-Devtek Stock Price Crosses Above Two Hundred Day Moving Average - Should You Sell - MarketBeat |
Heroux Largest EPS Surprises
Earnings surprises can significantly impact Heroux Devtek's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2022-11-11 | 2022-09-30 | 0.09 | 0.1 | 0.01 | 11 | ||
2014-11-14 | 2014-09-30 | 0.1 | 0.11 | 0.01 | 10 | ||
2014-02-07 | 2013-12-31 | 0.09 | 0.08 | -0.01 | 11 |
Heroux Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.07 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Heroux Devtek's market, we take the total number of its shares issued and multiply it by Heroux Devtek's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Heroux Profitablity
Heroux Devtek's profitability indicators refer to fundamental financial ratios that showcase Heroux Devtek's ability to generate income relative to its revenue or operating costs. If, let's say, Heroux Devtek is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Heroux Devtek's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Heroux Devtek's profitability requires more research than a typical breakdown of Heroux Devtek's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.07 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.11 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.11. | Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.05 | 0.04 | |
| Return On Capital Employed | 0.09 | 0.07 | |
| Return On Assets | 0.04 | 0.03 | |
| Return On Equity | 0.09 | 0.08 |
Management Efficiency
Heroux Devtek has return on total asset (ROA) of 0.0481 % which means that it generated a profit of $0.0481 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1118 %, meaning that it generated $0.1118 on every $100 dollars invested by stockholders. Heroux Devtek's management efficiency ratios could be used to measure how well Heroux Devtek manages its routine affairs as well as how well it operates its assets and liabilities. As of the 2nd of December 2024, Return On Tangible Assets is likely to drop to 0.04. In addition to that, Return On Capital Employed is likely to drop to 0.07. At this time, Heroux Devtek's Non Currrent Assets Other are very stable compared to the past year. As of the 2nd of December 2024, Debt To Assets is likely to grow to 0.28, while Total Assets are likely to drop about 518.4 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 12.70 | 13.33 | |
| Tangible Book Value Per Share | 7.55 | 3.78 | |
| Enterprise Value Over EBITDA | 8.63 | 6.91 | |
| Price Book Value Ratio | 1.45 | 1.00 | |
| Enterprise Value Multiple | 8.63 | 6.91 | |
| Price Fair Value | 1.45 | 1.00 | |
| Enterprise Value | 831.1 M | 872.7 M |
Leadership effectiveness at Heroux Devtek is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Operating Margin 0.108 | Profit Margin 0.0707 | Beta 1.72 | Return On Assets 0.0481 | Return On Equity 0.1118 |
Technical Drivers
As of the 2nd of December, Heroux Devtek retains the Downside Deviation of 0.3254, risk adjusted performance of 0.0395, and Market Risk Adjusted Performance of 0.3312. Heroux Devtek technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.Heroux Devtek Price Movement Analysis
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Heroux Devtek middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Heroux Devtek. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Heroux Devtek Outstanding Bonds
Heroux Devtek issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Heroux Devtek uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Heroux bonds can be classified according to their maturity, which is the date when Heroux Devtek has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Heroux Devtek Predictive Daily Indicators
Heroux Devtek intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Heroux Devtek stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Heroux Devtek Forecast Models
Heroux Devtek's time-series forecasting models are one of many Heroux Devtek's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Heroux Devtek's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Heroux Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Heroux Devtek prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Heroux shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Heroux Devtek. By using and applying Heroux Stock analysis, traders can create a robust methodology for identifying Heroux entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | 0.07 | 0.08 | |
| Operating Profit Margin | 0.09 | 0.05 | |
| Net Profit Margin | 0.06 | 0.04 | |
| Gross Profit Margin | 0.18 | 0.19 |
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Heroux Devtek to your portfolios without increasing risk or reducing expected return.Did you try this?
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Other Information on Investing in Heroux Stock
Heroux Devtek financial ratios help investors to determine whether Heroux Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Heroux with respect to the benefits of owning Heroux Devtek security.