HEICO Corporation manufactures Federal Aviation Administration (FAA)-approved jet engine and aircraft component replacement parts, other than the original equipment manufacturers (OEMs) and their subcontractors. The Company also manufactures various types of electronic equipment for the aviation, medical, telecommunications and electronics industries. It operates through two segments: Flight Support Group (FSG) and Electronic Technologies Group (ETG). The FSG segment consists of HEICO Aerospace Holdings Corp. and HEICO Flight Support Corp. and their collective subsidiaries. The FSG segment designs and manufactures jet engine and aircraft component replacement parts. The ETG segment consists of HEICO Electronic Technologies Corp. and its subsidiaries. The ETG segment designs and produces mission-critical subcomponents for various markets, which are utilized in larger systems, including targeting, tracking, identification, testing, communications, telecom and computer systems.
Industry, Sector and Symbol:
- Sector: Aerospace
- Industry: Aircraft Parts Manufacturing
- Sub-Industry: Aerospace & Defense
- Symbol: NYSE:HEI
- CUSIP: 42280610
- Web: www.heico.com
Capitalization:- Market Cap: $3.06 billion
- Outstanding Shares: 33,770,000
Average Prices:- 50 Day Moving Avg: $84.62
- 200 Day Moving Avg: $75.51
- 52 Week Range: $52.56 - $90.90
P/E:- Trailing P/E Ratio: 44.30
- Foreward P/E Ratio: 38.33
- P/E Growth: 3.63
Sales & Book Value:- Annual Revenue: $1.47 billion
- Price / Sales: 2.08
- Book Value: $13.17 per share
- Price / Book: 6.87
Dividend:- Annual Dividend: $0.16
- Dividend Yield: 0.2%
Profitability:- EBIDTA: $360.17 million
- Net Margins: 12.04%
- Return on Equity: 15.56%
- Return on Assets: 8.21%
Debt:- Debt-to-Equity Ratio: 0.36%
- Current Ratio: 2.89%
- Quick Ratio: 1.39%
Misc:- Average Volume: 211,988 shs.
- Beta: 0.76
- Short Ratio: 14.19
Frequently Asked Questions for Heico Corporation (NYSE:HEI)
What is Heico Corporation's stock symbol?
Heico Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "HEI."
How often does Heico Corporation pay dividends? What is the dividend yield for Heico Corporation?
Heico Corporation declared a semiannual dividend on Wednesday, June 14th. Shareholders of record on Wednesday, July 5th will be paid a dividend of $0.08 per share on Wednesday, July 19th. This represents a yield of 0.22%. The ex-dividend date of this dividend is Friday, June 30th. This is a positive change from Heico Corporation's previous semiannual dividend of $0.07. View Heico Corporation's Dividend History.
How were Heico Corporation's earnings last quarter?
Heico Corporation (NYSE:HEI) released its quarterly earnings results on Wednesday, August, 23rd. The company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.01. The firm earned $391.50 million during the quarter, compared to analysts' expectations of $390.55 million. Heico Corporation had a net margin of 12.04% and a return on equity of 15.56%. The business's revenue was up 9.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.62 EPS. View Heico Corporation's Earnings History.
When will Heico Corporation make its next earnings announcement?
Where is Heico Corporation's stock going? Where will Heico Corporation's stock price be in 2017?
8 brokers have issued 1-year price targets for Heico Corporation's stock. Their forecasts range from $85.00 to $98.00. On average, they expect Heico Corporation's stock price to reach $90.25 in the next twelve months. View Analyst Ratings for Heico Corporation.
Who are some of Heico Corporation's key competitors?
Some companies that are related to Heico Corporation include Teledyne Technologies Incorporated (TDY), FLIR Systems (FLIR), Hexcel Corporation (HXL), Curtiss-Wright Corporation (CW), CAE (CAE), Moog (MOG.A), Esterline Technologies Corporation (ESL), KLX (KLXI), Aerojet Rocketdyne Holdings (AJRD), Triumph Group (TGI), AAR Corp. (AIR), Engility Holdings (EGL), Kratos Defense & Security Solutions (KTOS), Wesco Aircraft Holdings (WAIR), Astronics Corporation (ATRO), American Outdoor Brands Corporation (AOBC), Arotech Corporation (ARTX) and Rada Electronics Industries Limited (RADA).
Who are Heico Corporation's key executives?
Heico Corporation's management team includes the folowing people:
- Laurans A. Mendelson, Chairman of the Board, Chief Executive Officer
- Eric A. Mendelson, Co-President, Director; President & CEO of HEICO Flight Support Corp.
- Victor H. Mendelson, Co-President, Director; President & CEO of HEICO Electronic Technologies Corp.
- Carlos L. Macau Jr., Chief Financial Officer, Executive Vice President, Treasurer
- Thomas S. Irwin, Senior Executive Vice President
- Steven M. Walker, Chief Accounting Officer, Assistant Treasurer
- Thomas M. Culligan, Independent Director
- Adolfo Henriques, Independent Director
- Mark H. Hildebrandt, Independent Director
- Wolfgang Mayrhuber, Independent Director
Who owns Heico Corporation stock?
Heico Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Riverbridge Partners LLC (1.92%), Fisher Asset Management LLC (3.47%), PNC Financial Services Group Inc. (2.00%), Ardevora Asset Management LLP (1.55%), First Trust Advisors LP (0.50%) and Copeland Capital Management LLC (1.13%). Company insiders that own Heico Corporation stock include Thomas S Irwin and William S Harlow. View Institutional Ownership Trends for Heico Corporation.
Who sold Heico Corporation stock? Who is selling Heico Corporation stock?
Who bought Heico Corporation stock? Who is buying Heico Corporation stock?
Heico Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC, Fisher Asset Management LLC, Ardevora Asset Management LLP, First Trust Advisors LP, Artemis Investment Management LLP, Artisan Partners Limited Partnership, Fred Alger Management Inc. and Copeland Capital Management LLC. View Insider Buying and Selling for Heico Corporation.
How do I buy Heico Corporation stock?
Shares of Heico Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Heico Corporation's stock price today?
One share of Heico Corporation stock can currently be purchased for approximately $90.47.
MarketBeat Community Rating for Heico Corporation (NYSE HEI)MarketBeat's community ratings are surveys of what our community members think about Heico Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Heico Corporation (NYSE:HEI) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 4 Hold Ratings, 4 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.50) |
| Consensus Price Target: | $90.25 (0.24% downside) |
Analysts' Ratings History for Heico Corporation (NYSE:HEI)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 9/12/2017 | Seaport Global Securities | Initiated Coverage | Neutral -> Neutral | $90.00 | Low |  |
| 8/29/2017 | Credit Suisse Group | Reiterated Rating | Outperform | $85.00 -> $98.00 | Medium | |
| 8/29/2017 | Bank of America Corporation | Upgrade | Neutral -> Buy | $75.00 -> $95.00 | Medium | |
| 8/24/2017 | Jefferies Group LLC | Reiterated Rating | Hold -> Hold | $75.00 -> $89.00 | High | |
| 8/23/2017 | Canaccord Genuity | Boost Price Target | Buy | $91.00 -> $92.00 | High | |
| 8/16/2017 | Deutsche Bank AG | Downgrade | Buy -> Hold | $80.00 -> $86.00 | High | |
| 4/13/2017 | Stephens | Initiated Coverage | Equal Weight | $87.00 | Medium | |
| 1/19/2017 | SunTrust Banks, Inc. | Initiated Coverage | Buy | $85.00 | N/A | |
| 9/20/2016 | Gabelli | Reiterated Rating | Hold | | N/A | |
(Data available from 9/24/2015 forward)
Earnings History for Heico Corporation (NYSE:HEI)Earnings History by Quarter for Heico Corporation (NYSE HEI)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 12/11/2017 | | $0.57 | | | | | N/A | |
| 8/23/2017 | Q3 2017 | $0.52 | $0.53 | $390.55 million | $391.50 million | View | N/A | |
| 5/23/2017 | Q2 2017 | $0.50 | $0.53 | $368.78 million | $368.70 million | View | N/A | |
| 2/28/2017 | Q1 2017 | $0.56 | $0.56 | $339.29 million | $343.40 million | View | N/A | |
| 12/13/2016 | Q416 | $0.62 | $0.65 | $371.90 million | $363.30 million | View | N/A | |
| 8/24/2016 | Q3 | $0.59 | $0.62 | $356.35 million | $356.10 million | View | N/A | |
| 5/25/2016 | Q2 | $0.56 | $0.57 | $291.40 million | $350.30 million | View | N/A | |
| 2/25/2016 | Q1 | $0.48 | $0.49 | $299.14 million | $306.23 million | View | N/A | |
| 12/15/2015 | Q415 | $0.53 | $0.56 | $321.93 million | $328.67 million | View | Listen | |
| 8/25/2015 | Q315 | $0.52 | $0.51 | $321.89 million | $300.37 million | View | Listen | |
| 5/19/2015 | Q215 | $0.45 | $0.49 | $1.29 billion | $291.40 billion | View | N/A | |
| 2/24/2015 | Q115 | $0.45 | $0.41 | $286.39 million | $268.20 million | View | N/A | |
| 12/16/2014 | Q414 | $0.44 | $0.48 | $305.11 million | $292.22 million | View | N/A | |
| 8/26/2014 | Q314 | $0.44 | $0.49 | $296.43 million | $291.00 million | View | N/A | |
| 5/20/2014 | Q214 | $0.40 | $0.42 | $276.85 million | $282.23 million | View | N/A | |
| 2/25/2014 | Q114 | $0.35 | $0.41 | $251.54 million | $266.83 million | View | N/A | |
| 12/17/2013 | Q4 | $0.41 | $0.44 | $273.43 million | $287.42 million | View | N/A | |
| 8/27/2013 | Q3 2013 | $0.47 | $0.54 | $252.99 million | $267.10 million | View | N/A | |
| 5/22/2013 | Q2 2013 | $0.40 | $0.44 | $229.22 million | $237.71 million | View | N/A | |
| 2/20/2013 | Q1 2013 | $0.40 | $0.37 | $227.65 million | $216.49 million | View | N/A | |
| 12/18/2012 | Q4 2012 | $0.44 | $0.45 | $237.38 million | $242.40 million | View | N/A | |
| 8/22/2012 | Q312 | $0.41 | $0.43 | $232.25 million | $226.00 million | View | N/A | |
| 5/22/2012 | | $0.37 | $0.36 | | | View | N/A | |
| 2/22/2012 | | $0.44 | $0.45 | | | View | N/A | |
| 12/15/2011 | | $0.43 | $0.44 | | | View | N/A | |
| 8/24/2011 | | $0.40 | $0.48 | | | View | N/A | |
| 5/24/2011 | | $0.37 | $0.40 | | | View | N/A | |
| 2/22/2011 | | $0.42 | $0.48 | | | View | N/A | |
| 12/15/2010 | | $0.40 | $0.46 | $156.98 million | $169.40 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Heico Corporation (NYSE:HEI)2017 EPS Consensus Estimate: $2.25
2018 EPS Consensus Estimate: $2.38
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 2 | $0.53 | $0.59 | $0.56 |
| Q2 2017 | 2 | $0.51 | $0.64 | $0.58 |
| Q3 2017 | 2 | $0.49 | $0.55 | $0.52 |
| Q4 2017 | 3 | $0.58 | $0.61 | $0.59 |
| Q1 2018 | 2 | $0.50 | $0.52 | $0.51 |
| Q2 2018 | 2 | $0.57 | $0.60 | $0.59 |
| Q3 2018 | 2 | $0.61 | $0.61 | $0.61 |
| Q4 2018 | 2 | $0.67 | $0.68 | $0.68 |
| Q1 2019 | 1 | $0.54 | $0.54 | $0.54 |
| Q2 2019 | 1 | $0.64 | $0.64 | $0.64 |
| Q3 2019 | 1 | $0.65 | $0.65 | $0.65 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Heico Corporation (NYSE:HEI)| Most Recent Dividend: | 7/19/2017 |
| Annual Dividend: | $0.16 |
| Dividend Yield: | 0.18% |
| Dividend Growth: | 41.90% (3 Year Average) |
| Payout Ratio: | 7.80% (Trailing 12 Months of Earnings)
7.62% (Based on This Year's Estimates)
6.78% (Based on Next Year's Estimates)
|
| Track Record: | 7 Years of Consecutive Dividend Growth |
Dividend History by Quarter for Heico Corporation (NYSE HEI)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 6/14/2017 | semiannual | $0.08 | 0.22% | 6/30/2017 | 7/5/2017 | 7/19/2017 |
| 12/14/2016 | semiannual | $0.09 | 0.24% | 12/30/2016 | 1/4/2017 | 1/18/2017 |
| 6/7/2016 | semiannual | $0.08 | 0.24% | 6/30/2016 | 7/5/2016 | 7/19/2016 |
| 12/15/2015 | semiannual | $0.08 | 0.32% | 12/30/2015 | 1/4/2016 | 1/19/2016 |
| 6/10/2015 | semiannual | $0.07 | 0.24% | 7/1/2015 | 7/6/2015 | 7/20/2015 |
| 12/17/2014 | semiannual | $0.07 | 0.25% | 12/31/2014 | 1/5/2015 | 1/19/2015 |
| 11/10/2014 | special | $0.31 | 0.22% | 11/19/2014 | 11/21/2014 | 12/10/2014 |
| 6/11/2014 | semiannual | $0.06 | 0.23% | 7/2/2014 | 7/7/2014 | 7/21/2014 |
| 12/18/2013 | semiannual | $0.06 | 0.2% | 12/31/2013 | 1/3/2014 | 1/17/2014 |
| 12/17/2013 | special | $0.35 | 0.2% | 12/31/2013 | 1/3/2014 | 1/17/2014 |
| 6/12/2013 | semiannual | $0.07 | 0.27% | 7/3/2013 | 7/8/2013 | 7/22/2013 |
| 12/6/2012 | special | $2.14 | | | 12/17/2012 | 12/31/2012 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Heico Corporation (NYSE:HEI)Insider Ownership Percentage: 9.76%
Institutional Ownership Percentage: 26.41%
Insider Trades by Quarter for Heico Corporation (NYSE:HEI)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 9/21/2017 | Thomas S Irwin | VP | Sell | 20,000 | $76.28 | $1,525,600.00 | |
| 12/23/2015 | William S Harlow | VP | Sell | 4,481 | $50.36 | $225,663.16 | |
| 9/21/2015 | Frank J. Schwitter | Director | Buy | 1,325 | $50.98 | $67,548.50 | |
| 9/21/2015 | Laurans A. Mendelson | CEO | Buy | 1,550 | $45.03 | $69,796.50 | |
| 9/21/2015 | Victor H. Mendelson | insider | Buy | 795 | $45.03 | $35,798.85 | |
| 1/7/2015 | William S Harlow | VP | Sell | 1,877 | $49.90 | $93,662.30 | |
(Data available from 1/1/2013 forward)
Headline Trends for Heico Corporation (NYSE:HEI)
Latest Headlines for Heico Corporation (NYSE:HEI)
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Heico Corporation (HEI) Chart for Sunday, September, 24, 2017
