Shares of Heico Corporation (NYSE:HEI.A - Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as $258.71 and last traded at $257.60, with a volume of 6991 shares changing hands. The stock had previously closed at $258.38.
Heico Stock Performance
The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.56 and a current ratio of 3.43. The stock has a market cap of $35.52 billion, a price-to-earnings ratio of 59.88 and a beta of 1.09. The stock has a fifty day simple moving average of $223.29 and a two-hundred day simple moving average of $204.26.
Heico (NYSE:HEI.A - Get Free Report) last issued its quarterly earnings data on Tuesday, May 27th. The company reported $1.12 EPS for the quarter. The business had revenue of $1.10 billion during the quarter. Heico had a net margin of 14.54% and a return on equity of 15.88%.
Heico Increases Dividend
The company also recently announced a semi-annual dividend, which will be paid on Tuesday, July 15th. Investors of record on Tuesday, July 1st will be paid a dividend of $0.12 per share. This represents a yield of 0.1%. The ex-dividend date is Tuesday, July 1st. This is an increase from Heico's previous semi-annual dividend of $0.11. Heico's dividend payout ratio (DPR) is currently 5.14%.
Insider Activity
In other Heico news, Director Julie Neitzel sold 700 shares of the stock in a transaction that occurred on Thursday, April 24th. The stock was sold at an average price of $246.23, for a total value of $172,361.00. Following the transaction, the director now owns 418 shares in the company, valued at approximately $102,924.14. This represents a 62.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Frank J. Schwitter sold 356 shares of the stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $299.10, for a total value of $106,479.60. Following the sale, the director now directly owns 1,500 shares of the company's stock, valued at $448,650. The trade was a 19.18% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 86,056 shares of company stock valued at $22,699,941 in the last ninety days. 9.76% of the stock is owned by company insiders.
Heico Company Profile
(
Get Free Report)
HEICO Corporation, through its subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic related products and services in the United States and internationally. The company's Flight Support Group segment provides jet engine and aircraft component replacement parts; thermal insulation blankets and parts; renewable/reusable insulation systems; and specialty components.
See Also
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