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NYSE:HEI

HEICO (HEI) Stock Price, News & Analysis

$249.43
-2.45 (-0.97%)
(As of 09/6/2024 ET)
Today's Range
$248.43
â–Ľ
$254.01
50-Day Range
$220.59
â–Ľ
$256.58
52-Week Range
$155.42
â–Ľ
$259.04
Volume
383,555 shs
Average Volume
383,603 shs
Market Capitalization
$34.55 billion
P/E Ratio
78.44
Dividend Yield
0.09%
Price Target
$259.67

HEICO MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
4.1% Upside
$259.67 Price Target
Short Interest
Bearish
4.71% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.74mentions of HEICO in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$15.57 M Sold Last Quarter
Proj. Earnings Growth
16.85%
From $3.62 to $4.23 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.50 out of 5 stars

Aerospace Sector

18th out of 45 stocks

Aircraft Engines & Engine Parts Industry

3rd out of 4 stocks

HEI stock logo

About HEICO Stock (NYSE:HEI)

HEICO Corporation, through its subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic related products and services in the United States and internationally. Its Flight Support Group segment provides jet engine and aircraft component replacement parts; thermal insulation blankets and parts; renewable/reusable insulation systems; and specialty components. This segment also distributes hydraulic, pneumatic, structural, interconnect, mechanical, and electro-mechanical components for the commercial, regional, and general aviation markets; and offers repair and overhaul services for jet engine and aircraft component parts, avionics, instruments, composites, and flight surfaces of commercial aircraft, as well as for avionics and navigation systems, and other instruments utilized on military aircraft. The company's Electronic Technologies Group segment provides electro-optical infrared simulation and test equipment; electro-optical laser products; electro-optical, microwave, and other power equipment; electromagnetic and radio frequency (RF) interference shielding and suppression filters; power conversion and interface; interconnection devices; and underwater locator beacons and emergency locator transmission beacons. This segment also offers traveling wave tube amplifiers and microwave power modules; memory products and specialty semiconductors; harsh environment connectivity products and custom molded cable assemblies; RF and microwave products; communications and electronic intercept receivers and tuners; self-sealing auxiliary fuel systems; active antenna systems and airborne antennas; nuclear radiation detectors; silicone products; power amplifiers; ceramic-to-metal feedthroughs and connectors; technical surveillance countermeasures equipment; RF receivers and sources; embedded computing solutions; test sockets and adapters; and radiation assurance services. The company was incorporated in 1957 and is headquartered in Hollywood, Florida.

HEI Stock Price History

HEI Stock News Headlines

Berkshire Hathaway Warren Buffett stock information on smartphone screen
Berkshire Hathaway's Latest Portfolio Moves: A Strategic Shuffle (HEI)
Buffett's latest moves show strategic buys in new sectors like Consumer Retail and Aerospace and Defence and cautious cuts in Tech and Financials.
Say Goodbye to the US Dollar
The warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late...
Frank J. Schwitter Buys 475 Shares of HEICO Co. (NYSE:HEI) Stock
HEICO (NYSE:HEI) PT Raised to $271.00 at Deutsche Bank Aktiengesellschaft
Director Frank Schwitter Acquires Shares of Heico Corp (HEI)
HEICO (HEI) Receives a Hold from Morgan Stanley
Say Goodbye to the US Dollar
The warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late...
HEICO (NYSE:HEI) Sets New 52-Week High at $259.04
HEICO (NYSE:HEI) PT Raised to $272.00
FY2024 EPS Estimates for HEICO Co. (NYSE:HEI) Raised by Analyst
HEICO (HEI) Receives a Buy from Jefferies
See More Headlines
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Company Calendar

Ex-Dividend for 7/15 Dividend
7/01/2024
Dividend Payable
7/15/2024
Last Earnings
8/26/2024
Today
9/07/2024
Fiscal Year End
10/31/2024
Next Earnings (Estimated)
12/16/2024

Industry, Sector and Symbol

Sector
Aerospace
Industry
Aircraft engines & engine parts
Sub-Industry
Aerospace & Defense
CUSIP
42280610
Employees
9,600
Year Founded
1957

Price Target and Rating

Average Stock Price Target
$259.67
High Stock Price Target
$280.00
Low Stock Price Target
$225.00
Potential Upside/Downside
+4.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
10 Analysts

Profitability

Net Income
$403.60 million
Pretax Margin
16.95%

Debt

Sales & Book Value

Annual Sales
$3.78 billion
Cash Flow
$3.90 per share
Book Value
$25.97 per share

Miscellaneous

Free Float
127,278,000
Market Cap
$34.55 billion
Optionable
Optionable
Beta
1.22

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Should I Buy HEICO Stock? HEI Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in HEICO Co.:

  • HEICO Co. recently hit a new 1-year high at $237.74, indicating positive momentum in the stock price.
  • Analysts have set new price targets for HEICO, with several firms giving the stock a "buy" rating, suggesting strong growth potential.
  • HEICO's revenue for the last quarter exceeded analysts' expectations, showcasing strong financial performance.
  • The company has a solid quick ratio of 1.57 and a current ratio of 3.52, indicating good liquidity and ability to meet short-term obligations.
  • HEICO has a healthy return on equity of 14.26%, demonstrating efficient use of shareholder funds to generate profits.

Cons

Investors should be bearish about investing in HEICO Co. for these reasons:

  • HEICO's P/E ratio is relatively high at 73.66, which may indicate an overvalued stock compared to industry peers.
  • The P/E/G ratio of 3.43 suggests that the stock may be overpriced relative to its expected earnings growth rate.
  • Insiders have been selling significant amounts of HEICO stock, which could be seen as a lack of confidence in future performance.
  • The stock's beta of 1.20 indicates higher volatility compared to the market average, potentially leading to greater price fluctuations.
  • HEICO's debt-to-equity ratio of 0.69 may raise concerns about the company's leverage and financial risk.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, August 13, 2024. Please send any questions or comments about these HEICO pros and cons to contact@marketbeat.com.

HEI Stock Analysis - Frequently Asked Questions

How have HEI shares performed this year?

HEICO's stock was trading at $178.87 at the start of the year. Since then, HEI stock has increased by 39.4% and is now trading at $249.43.
View the best growth stocks for 2024 here
.

How were HEICO's earnings last quarter?

HEICO Co. (NYSE:HEI) announced its earnings results on Monday, August, 26th. The aerospace company reported $0.97 EPS for the quarter, topping analysts' consensus estimates of $0.92 by $0.05. HEICO's quarterly revenue was up 37.3% compared to the same quarter last year.

When did HEICO's stock split?

Shares of HEICO split before market open on Thursday, June 28th 2018. The 5-4 split was announced on Tuesday, June 12th 2018. The newly issued shares were distributed to shareholders after the market closes on Wednesday, June 27th 2018. An investor that had 100 shares of stock prior to the split would have 125 shares after the split.

What is Laurans A. Mendelson's approval rating as HEICO's CEO?

29 employees have rated HEICO Chief Executive Officer Laurans A. Mendelson on Glassdoor.com. Laurans A. Mendelson has an approval rating of 64% among the company's employees.

Does HEICO have any subsidiaries?

The following companies are subsidiaries of HEICO: Connect Tech Inc., Intelligent Devices LLC, Transformational Security LLC, Rocky Mountain Hydrostatics, Freebird Semiconductor Corporation, Spectralux Avionics, Quell Corporation, and others.

Who are HEICO's major shareholders?

HEICO's top institutional investors include Riverbridge Partners LLC (0.72%), AGF Management Ltd. (0.69%), TCW Group Inc. (0.14%) and Driehaus Capital Management LLC (0.14%). Insiders that own company stock include Laurans A Mendelson, Victor H Mendelson, Alan Schriesheim, Eric A Mendelson, Thomas S Irwin, Thomas M Culligan, Frank J Schwitter, Adolfo Henriques, Mark H Hildebrandt and Julie Neitzel.
View institutional ownership trends
.

How do I buy shares of HEICO?

Shares of HEI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of HEICO own?

Based on aggregate information from My MarketBeat watchlists, some other companies that HEICO investors own include NVIDIA (NVDA), PayPal (PYPL), Boeing (BA), Walt Disney (DIS), Home Depot (HD), Intel (INTC) and Mastercard (MA).

This page (NYSE:HEI) was last updated on 9/7/2024 by MarketBeat.com Staff

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