Zacks Research Issues Negative Estimate for Heico 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 lowered their Q2 2026 earnings per share (EPS) estimates for shares of Heico in a note issued to investors on Monday, September 15th. Zacks Research analyst Team now forecasts that the aerospace company will post earnings per share of $1.28 for the quarter, down from their prior forecast of $1.31. Zacks Research 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.

HEI has been the subject of several other research reports. Barclays lifted their target price on Heico from $280.00 to $300.00 and gave the stock an "equal weight" rating in a research report on Tuesday, September 2nd. Stifel Nicolaus set a $360.00 target price on Heico in a research report on Tuesday, August 26th. Jefferies Financial Group reissued a "buy" rating on shares of Heico in a report on Monday, August 18th. Morgan Stanley raised their price target on Heico from $305.00 to $330.00 and gave the stock an "equal weight" rating in a report on Thursday, July 17th. Finally, Bank of America raised their price target on Heico from $355.00 to $400.00 and gave the stock a "buy" rating in a report on Friday, September 5th. Nine analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Heico presently has a consensus rating of "Moderate Buy" and a consensus price target of $346.09.

Heico Stock Down 1.0%

NYSE HEI traded down $3.33 during mid-day trading on Wednesday, reaching $318.41. 452,312 shares of the company's stock traded hands, compared to its average volume of 421,321. The company has a market cap of $44.33 billion, a price-to-earnings ratio of 69.67, a P/E/G ratio of 3.79 and a beta of 1.08. The company has a fifty day simple moving average of $317.87 and a 200-day simple moving average of $291.19. The company has a current ratio of 3.35, a quick ratio of 1.51 and a debt-to-equity ratio of 0.58. Heico has a 1-year low of $216.68 and a 1-year high of $338.92.

Heico (NYSE:HEI - Get Free Report) last issued its quarterly earnings data on Monday, August 25th. The aerospace company reported $1.26 earnings per share for the quarter, beating 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 quarter last year, the firm earned $0.97 EPS. Heico's quarterly revenue was up 15.7% on a year-over-year basis.

Insider Buying and Selling

In other Heico news, Chairman Laurans A. Mendelson sold 56,300 shares of the business's stock in a transaction dated 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 transaction, the chairman owned 1,253,127 shares in the company, valued at $400,311,420.15. The trade was a 4.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 9.55% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of HEI. Ridgewood Investments LLC grew its stake in Heico by 92.0% in the first quarter. Ridgewood Investments LLC now owns 96 shares of the aerospace company's stock valued at $26,000 after purchasing an additional 46 shares in the last quarter. NBC Securities Inc. acquired a new stake in shares of Heico in the first quarter worth about $27,000. Costello Asset Management INC acquired a new stake in shares of Heico in the first quarter worth about $27,000. Caitong International Asset Management Co. Ltd lifted its position in shares of Heico by 17,800.0% in the first quarter. Caitong International Asset Management Co. Ltd now owns 179 shares of the aerospace company's stock worth $48,000 after buying an additional 178 shares during the last quarter. Finally, Banque Transatlantique SA lifted its position in shares of Heico by 36.8% in the first quarter. Banque Transatlantique SA now owns 253 shares of the aerospace company's stock worth $62,000 after buying an additional 68 shares during the last quarter. Hedge funds and other institutional investors own 27.12% of the company's stock.

About Heico

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.