HEICO (HEI) Stock Forecast & Price Target

$261.48

+2.16 (+0.83%)

(As of 09/30/2024 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 10 Analyst Ratings

Sell
0

Hold
2

Buy
8

Based on 10 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 10 analysts, 2 have given a hold rating, and 8 have given a buy rating for HEI.

Consensus Price Target

$263.56
0.79% Upside

According to the 10 analysts' twelve-month price targets for HEICO, the average price target is $263.56. The highest price target for HEI is $285.00, while the lowest price target for HEI is $225.00. The average price target represents a forecasted upside of 0.79% from the current price of $261.48.

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HEI Analyst Ratings Over Time

Type	Current Forecast 10/2/23 to 10/1/24	1 Month Ago 9/2/23 to 9/1/24	3 Months Ago 7/4/23 to 7/3/24	1 Year Ago 10/2/22 to 10/2/23
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)	7 Buy rating(s)
Hold	2 Hold rating(s)	2 Hold rating(s)	1 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$263.56	$255.67	$236.00	$196.91
Forecasted Upside	0.79% Upside	-0.35% Downside	3.45% Upside	22.29% 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	2.80	2.64	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Hold
Predicted Upside	0.79% Upside	39.96% Upside	6.15% 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
9/19/2024	Bank of America 4 of 5 stars		Boost Target	Buy ➝ Buy	$250.00 ➝ $285.00	+7.75%
9/4/2024	Deutsche Bank Aktiengesellschaft 3 of 5 stars		Boost Target	Buy ➝ Buy	$235.00 ➝ $271.00	+7.86%
8/28/2024	Truist Financial 2 of 5 stars		Boost Target	Buy ➝ Buy	$248.00 ➝ $264.00	+5.24%
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%
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%
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.
8/27/2024	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%
6/4/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underweight ➝ Equal Weight	$178.00 ➝ $225.00	+1.04%
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%
10/11/2022	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$185.00	+26.71%
10/10/2022	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Peer Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 09:24 AM 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 Monday, September 30, 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. stock price has been steadily increasing, reaching $267.96 on September 30, 2024, indicating positive market sentiment and potential for capital appreciation.
Analysts have set a consensus price target of $259.67 for HEICO Co., suggesting further upside potential based on market expectations.
Insiders have been actively buying and selling shares, with recent insider transactions indicating confidence in the company's performance and future prospects.
HEICO Co. reported strong quarterly earnings, surpassing analyst estimates and demonstrating robust financial performance in the aerospace industry.
Multiple analysts have issued favorable ratings and price target upgrades for HEICO Co., reflecting a positive outlook on the company's growth trajectory.

HEICO
Bear Case

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

HEICO Co. stock has a relatively high P/E ratio of 84.42, which may indicate that the stock is currently overvalued compared to industry peers.
The company's P/E/G ratio of 3.61 suggests that the stock may be overpriced relative to its earnings growth potential, potentially limiting short-term returns for investors.
HEICO Co. insiders have sold a significant number of shares in the last ninety days, raising concerns about insider sentiment and potential future stock performance.
The company's debt-to-equity ratio of 0.63 may pose risks in case of economic downturns or adverse market conditions, impacting the company's financial stability.
While revenue growth has been strong, HEICO Co. missed analyst estimates in terms of revenue for the latest quarter, signaling potential challenges in meeting market expectations.

HEI Forecast - Frequently Asked Questions

: According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for HEICO is $263.56, with a high forecast of $285.00 and a low forecast of $225.00.
: 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for HEICO in the last twelve months. There are currently 2 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" HEI shares.
: According to analysts, HEICO's stock has a predicted upside of 0.79% based on their 12-month stock forecasts.
: HEICO has been rated by research analysts at Bank of America, Barclays, Benchmark, Deutsche Bank Aktiengesellschaft, Robert W. Baird, Royal Bank of Canada, Stifel Nicolaus, and Truist Financial in the past 90 days.
: Analysts like HEICO more than other "aerospace" companies. The consensus rating score for HEICO is 2.80 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 10/1/2024 by MarketBeat.com Staff

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