What is William Blair's Forecast for Heico FY2025 Earnings?

Key Points

• William Blair has raised its FY2025 earnings estimate for Heico to $4.74 per share, up from the previous estimate of $4.53, surpassing the consensus estimate of $4.20.
• Several analysts, including Barclays and Morgan Stanley, have increased their price targets for Heico shares, with Barclays setting a new target of $300 and Morgan Stanley at $330.
• Heico recently reported quarterly earnings of $1.26 per share, exceeding analyst expectations, with a revenue increase of 15.7% year-over-year.

Heico Corporation (NYSE:HEI - Free Report) - Stock analysts at William Blair lifted their FY2025 earnings estimates for shares of Heico in a research note issued to investors on Wednesday, September 3rd. William Blair analyst L. Dipalma now anticipates that the aerospace company will post earnings of $4.74 per share for the year, up from their previous estimate of $4.53. The consensus estimate for Heico's current full-year earnings is $4.20 per share. William Blair also issued estimates for Heico's Q4 2025 earnings at $1.17 EPS and FY2026 earnings at $5.25 EPS.

A number of other analysts also recently weighed in on the stock. Barclays raised their price target on shares of Heico from $280.00 to $300.00 and gave the stock an "equal weight" rating in a research report on Tuesday. Stifel Nicolaus set a $360.00 target price on Heico in a report on Tuesday, August 26th. Morgan Stanley lifted their price target on Heico from $305.00 to $330.00 and gave the stock an "equal weight" rating in a research note on Thursday, July 17th. Wall Street Zen upgraded Heico from a "hold" rating to a "buy" rating in a report on Saturday, August 30th. Finally, Zacks Research upgraded Heico to a "hold" rating in a report on Monday, August 11th. Nine equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $342.00.

Heico Stock Up 0.9%

HEI opened at $318.65 on Thursday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.56 and a current ratio of 3.35. Heico has a 1 year low of $216.68 and a 1 year high of $338.92. The firm has a 50 day moving average price of $318.20 and a 200 day moving average price of $284.41. The company has a market cap of $44.33 billion, a PE ratio of 69.73, a price-to-earnings-growth ratio of 3.85 and a beta of 1.08.

Heico (NYSE:HEI - Get Free Report) last posted its quarterly earnings results on Monday, August 25th. The aerospace company reported $1.26 earnings per share for the quarter, topping analysts' consensus estimates of $1.12 by $0.14. The business had revenue of $1.15 billion for the quarter, compared to analysts' expectations of $1.11 billion. Heico had a net margin of 14.96% and a return on equity of 16.29%. The business's revenue for the quarter was up 15.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.97 EPS.

Hedge Funds Weigh In On Heico

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HEI. Munro Partners bought a new position in shares of Heico in the 2nd quarter valued at $59,720,000. Caxton Associates LLP acquired a new position in shares of Heico in the 2nd quarter valued at about $1,954,000. Evergreen Capital Management LLC lifted its stake in shares of Heico by 30.5% in the 2nd quarter. Evergreen Capital Management LLC now owns 1,121 shares of the aerospace company's stock valued at $368,000 after purchasing an additional 262 shares during the period. Sandler Capital Management acquired a new position in Heico during the 2nd quarter worth approximately $1,179,000. Finally, IHT Wealth Management LLC raised its stake in shares of Heico by 2.1% in the second quarter. IHT Wealth Management LLC now owns 5,717 shares of the aerospace company's stock worth $1,875,000 after purchasing an additional 117 shares during the last quarter. 27.12% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Heico news, Chairman Laurans A. Mendelson sold 56,300 shares of the firm's stock in a transaction that occurred on Tuesday, July 15th. The stock was sold at an average price of $319.45, for a total value of $17,985,035.00. Following the completion of the transaction, the chairman directly owned 1,253,127 shares in the company, valued at $400,311,420.15. This trade represents a 4.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 9.55% of the company's stock.

Heico Increases Dividend

The company also recently disclosed a semi-annual dividend, which was paid on Tuesday, July 15th. Investors of record on Tuesday, July 1st were issued a dividend of $0.12 per share. The ex-dividend date was Tuesday, July 1st. This is a boost from Heico's previous semi-annual dividend of $0.11. This represents a dividend yield of 10.0%. Heico's dividend payout ratio is 5.25%.

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. 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.

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