Zacks Research Has Pessimistic Outlook of Heico Q2 Earnings

Key Points

• Zacks Research has lowered its Q2 2026 earnings estimate for Heico Corporation from $1.31 to $1.28 per share, maintaining a "Hold" rating on the stock.
• Other investment firms have set price targets for Heico, with Royal Bank Of Canada at $350.00 and Robert W. Baird increased their target to $400.00, while the average target price stands at $346.09.
• Heico reported better-than-expected earnings of $1.26 per share for the last quarter, exceeding analyst estimates by $0.14, with a revenue of $1.15 billion, a 15.7% increase year-over-year.

Heico Corporation (NYSE:HEI - Free Report) - Research analysts at Zacks Research reduced their Q2 2026 earnings per share estimates for shares of Heico in a report released on Monday, September 15th. Zacks Research analyst Team now expects that the aerospace company will earn $1.28 per share for the quarter, down from their previous forecast of $1.31. Zacks Research currently has a "Hold" rating on the stock. The consensus estimate for Heico's current full-year earnings is $4.20 per share. Zacks Research also issued estimates for Heico's Q2 2027 earnings at $1.67 EPS, Q3 2027 earnings at $1.30 EPS and FY2027 earnings at $5.67 EPS.

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

Several other brokerages have also recently weighed in on HEI. Bank of America boosted their price objective on Heico from $355.00 to $400.00 and gave the stock a "buy" rating in a research note on Friday, September 5th. Truist Financial boosted their price objective on shares of Heico from $352.00 to $366.00 and gave the company a "buy" rating in a report on Wednesday, August 27th. Royal Bank Of Canada set a $350.00 target price on shares of Heico in a research note on Wednesday, August 27th. Wells Fargo & Company increased their price objective on shares of Heico from $244.00 to $278.00 and gave the company an "equal weight" rating in a report on Friday, May 30th. Finally, Stifel Nicolaus set a $360.00 price target on shares of Heico in a research note on Tuesday, August 26th. Nine equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Heico has an average rating of "Moderate Buy" and an average target price of $346.09.

Heico Stock Down 1.0%

NYSE HEI traded down $3.33 during mid-day trading on Wednesday, reaching $318.41. The stock had a trading volume of 452,312 shares, compared to its average volume of 421,321. Heico has a 1 year low of $216.68 and a 1 year high of $338.92. The stock has a market cap of $44.33 billion, a PE ratio of 69.67, a price-to-earnings-growth ratio of 3.75 and a beta of 1.08. The company has a debt-to-equity ratio of 0.58, a current ratio of 3.35 and a quick ratio of 1.51. The company has a fifty day moving average price of $317.87 and a 200 day moving average price of $291.35.

Insider Buying and Selling

In other news, Chairman Laurans A. Mendelson sold 56,300 shares of the firm's stock in a transaction dated Tuesday, July 15th. The shares were sold at an average price of $319.45, for a total value of $17,985,035.00. Following the transaction, the chairman directly owned 1,253,127 shares in the company, valued at approximately $400,311,420.15. This trade represents a 4.30% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 9.55% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in HEI. American Century Companies Inc. increased its position in shares of Heico by 68.9% in the second quarter. American Century Companies Inc. now owns 528,145 shares of the aerospace company's stock worth $173,232,000 after acquiring an additional 215,530 shares in the last quarter. EULAV Asset Management increased its position in shares of Heico by 1.8% during the 1st quarter. EULAV Asset Management now owns 461,693 shares of the aerospace company's stock worth $123,360,000 after purchasing an additional 8,000 shares in the last quarter. Congress Asset Management Co. increased its position in shares of Heico by 366.0% during the 2nd quarter. Congress Asset Management Co. now owns 308,457 shares of the aerospace company's stock worth $101,174,000 after purchasing an additional 242,264 shares in the last quarter. Dixon Mitchell Investment Counsel Inc. grew its holdings in Heico by 3.8% during the 2nd quarter. Dixon Mitchell Investment Counsel Inc. now owns 201,173 shares of the aerospace company's stock worth $65,985,000 after acquiring an additional 7,364 shares during the last quarter. Finally, Munro Partners bought a new position in shares of Heico in the 2nd quarter valued at about $59,720,000. 27.12% of the stock is currently owned by institutional investors and hedge funds.

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.