HEICO (NYSE:HEI.A) Posts Earnings Results

HEICO (NYSE:HEI.A - Get Free Report) announced its quarterly earnings data on Tuesday. The company reported $1.12 EPS for the quarter, Zacks reports. The company had revenue of $1.10 billion for the quarter. HEICO had a return on equity of 14.63% and a net margin of 13.33%.

HEICO Trading Down 0.6%

HEICO stock traded down $1.43 during mid-day trading on Friday, hitting $235.61. The company's stock had a trading volume of 778,954 shares, compared to its average volume of 225,853. The company has a 50 day moving average of $207.20 and a 200-day moving average of $199.81. The stock has a market cap of $32.74 billion, a PE ratio of 64.37 and a beta of 1.08. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.34 and a current ratio of 3.11. HEICO has a one year low of $171.42 and a one year high of $238.99.

Insider Transactions at HEICO

In other HEICO news, Director Alan Schriesheim sold 50,000 shares of the stock in a transaction dated Tuesday, April 22nd. The stock was sold at an average price of $239.57, for a total value of $11,978,500.00. Following the completion of the sale, the director now directly owns 157,197 shares in the company, valued at approximately $37,659,685.29. This trade represents a 24.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Julie Neitzel sold 700 shares of the stock in a transaction dated Thursday, April 24th. The shares were sold at an average price of $246.23, for a total value of $172,361.00. Following the completion of the sale, the director now owns 418 shares of the company's stock, valued at approximately $102,924.14. This trade represents a 62.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 9.76% of the company's stock.

HEICO Company Profile

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.