HEICO (HEI) Stock Forecast & Price Target

$270.47 -5.39 (-1.95%)

(As of 01:26 PM ET)

HEICO - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 11 Analyst Ratings

Sell
0

Hold
3

Buy
8

Based on 11 Wall Street analysts who have issued ratings for HEICO in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 11 analysts, 3 have given a hold rating, and 8 have given a buy rating for HEI.

Consensus Price Target

$270.70
0.09% Upside

According to the 11 analysts' twelve-month price targets for HEICO, the average price target is $270.70. The highest price target for HEI is $285.00, while the lowest price target for HEI is $245.00. The average price target represents a forecasted upside of 0.09% from the current price of $270.47.

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HEI Analyst Ratings Over Time

Type	Current Forecast 11/28/23 to 11/27/24	1 Month Ago 10/29/23 to 10/28/24	3 Months Ago 8/30/23 to 8/29/24	1 Year Ago 11/28/22 to 11/28/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	8 Buy rating(s)	8 Buy rating(s)	8 Buy rating(s)	6 Buy rating(s)
Hold	3 Hold rating(s)	3 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$270.70	$270.70	$255.67	$198.10
Forecasted Upside	0.09% Upside	8.83% Upside	0.23% Upside	16.19% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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HEI Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

HEI Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

HEICO Stock vs. The Competition

Type	HEICO	Aerospace Companies	S&P 500
Consensus Rating Score	2.73	2.64	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	-1.83% Downside	49.00% Upside	6.73% Upside
News Sentiment Rating	Positive News See Recent HEI News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/18/2024	Morgan Stanley 3 of 5 stars		Boost Target	Equal Weight ➝ Equal Weight	$245.00 ➝ $265.00	+0.11%
10/18/2024	Truist Financial 2 of 5 stars	Michael Ciarmoli Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$264.00 ➝ $282.00	+6.53%
10/15/2024	UBS Group 4 of 5 stars	G. Parsons Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral	$277.00	+4.08%
9/19/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$250.00 ➝ $285.00	+7.75%
9/4/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$235.00 ➝ $271.00	+7.86%
8/28/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$250.00 ➝ $272.00	+8.17%
Get the Latest News and Ratings for HEI and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for HEICO and its competitors with MarketBeat's FREE daily newsletter.
8/28/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$243.00 ➝ $280.00	+13.18%
8/27/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$250.00 ➝ $280.00	+13.18%
8/27/2024	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$245.00 ➝ $245.00	-0.31%
8/19/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Strauss Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Equal Weight	$250.00	+3.31%
12/12/2023	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform
8/11/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$204.00 ➝ $206.00	+20.72%
5/30/2023	Vertical Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$191.00	+19.90%
2/27/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$180.00 ➝ $205.00	+17.23%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 01:54 PM ET.

Should I Buy HEICO Stock? HEI Pros and Cons Explained

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 Friday, November 22, 2024. Please send any questions or comments about these HEICO pros and cons to contact@marketbeat.com.

HEICO
Bull Case

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

HEICO Co. recently reported a quarterly earnings per share (EPS) of $0.97, exceeding analysts' expectations of $0.92, indicating strong financial performance and effective management.
The company has shown impressive revenue growth, with a 37.3% increase compared to the same quarter last year, reaching $992.20 million, which reflects its expanding market presence.
With a current stock price of $248.43, HEICO Co. is trading near its 1-year high of $269.38, suggesting strong investor confidence and potential for further appreciation.
HEICO Co. maintains a solid financial position, evidenced by a current ratio of 3.30, which indicates that it has more than enough assets to cover its short-term liabilities, reducing financial risk.
The company has a return on equity (ROE) of 14.51%, which is a strong indicator of profitability and efficient use of shareholders' equity, making it an attractive option for investors seeking growth.

HEICO
Bear Case

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

HEICO Co. has a high price-to-earnings (P/E) ratio of 79.11, which may indicate that the stock is overvalued compared to its earnings, potentially leading to a price correction.
The company's PEG ratio of 3.28 suggests that its growth is not keeping pace with its valuation, which could deter value-focused investors.
Despite recent growth, HEICO Co. reported revenue that fell short of analysts' expectations by approximately $3 million, which may raise concerns about its ability to meet future targets.
The stock has a beta of 1.23, indicating higher volatility compared to the market, which could pose risks for conservative investors looking for stability.
Insider transactions show that while some executives are buying shares, the overall insider ownership is only 8.10%, which may suggest limited confidence from insiders in the company's future performance.

HEI Forecast - Frequently Asked Questions

: According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for HEICO is $270.70, with a high forecast of $285.00 and a low forecast of $245.00.
: 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HEICO in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" HEI shares.
: According to analysts, HEICO's stock has a predicted upside of 0.09% based on their 12-month stock forecasts.
: HEICO has been rated by research analysts at Bank of America, Deutsche Bank Aktiengesellschaft, Morgan Stanley, Truist Financial, and UBS Group in the past 90 days.
: Analysts like HEICO more than other "aerospace" companies. The consensus rating score for HEICO is 2.73 while the average consensus rating score for "aerospace" companies is 2.64. Learn more on how HEI compares to other companies.

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This page (NYSE:HEI) was last updated on 11/27/2024 by MarketBeat.com Staff

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HEICO (HEI) Stock Forecast & Price Target