NYSE:HEI

HEICO (HEI) Stock Forecast, Price & News

$158.76

-2.26 (-1.40%)

(As of 12:44 PM ET)

Compare

Today's Range: $158.36
▼
$161.70
50-Day Range: $157.41
▼
$180.27
52-Week Range: $138.82
▼
$182.18

Volume: 59,022 shs
Average Volume: 343,405 shs
Market Capitalization: $21.94 billion

P/E Ratio: 55.32
Dividend Yield: 0.13%
Price Target: $196.91

HEICO MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.70 Rating Score
Upside/Downside: 23.9% Upside
$196.91 Price Target
Short Interest: Healthy
4.23% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.47
Based on 16 Articles This Week
Insider Trading: Selling Shares
$328,460 Sold Last Quarter
Proj. Earnings Growth: 15.63%
From $2.88 to $3.33 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.79 out of 5 stars

Aerospace Sector

4th out of 43 stocks

Aircraft Engines & Engine Parts Industry

2nd out of 3 stocks

3.4

Analyst's Opinion

Consensus Rating
HEICO has received a consensus rating of Moderate Buy. The company's average rating score is 2.70, and is based on 7 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $196.91, HEICO has a forecasted upside of 23.9% from its current price of $158.89.
Amount of Analyst Coverage
HEICO has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.0

Short Interest

Percentage of Shares Shorted
4.23% of the float of HEICO has been sold short.
Short Interest Ratio / Days to Cover
HEICO has a short interest ratio ("days to cover") of 5.3.
Change versus previous month
Short interest in HEICO has recently decreased by 12.32%, indicating that investor sentiment is improving significantly.

3.3

Dividend Strength

Dividend Yield
HEICO has a dividend yield of 0.12%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
HEICO has been increasing its dividend for 17 years.
Dividend Coverage
The dividend payout ratio of HEICO is 6.97%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, HEICO will have a dividend payout ratio of 6.01% next year. This indicates that HEICO will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for HEI.

1.9

News and Social Media Coverage

News Sentiment
HEICO has a news sentiment score of 0.47. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Aerospace companies.
News Coverage This Week
MarketBeat has tracked 16 news articles for HEICO this week, compared to 3 articles on an average week.
Search Interest
Only 3 people have searched for HEI on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added HEICO to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, HEICO insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $328,460.00 in company stock.
Percentage Held by Insiders
Only 8.26% of the stock of HEICO is held by insiders.
Percentage Held by Institutions
Only 27.77% of the stock of HEICO is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for HEICO are expected to grow by 15.63% in the coming year, from $2.88 to $3.33 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of HEICO is 55.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.44.
Price to Earnings Ratio vs. Sector
The P/E ratio of HEICO is 55.36, which means that it is trading at a more expensive P/E ratio than the Aerospace sector average P/E ratio of about 11.94.
Price to Earnings Growth Ratio
HEICO has a PEG Ratio of 4.02. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
HEICO has a P/B Ratio of 8.19. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About HEICO (NYSE:HEI) Stock

HEICO Corporation, through its subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic related products and services. 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. This segment also distributes hydraulic, pneumatic, structural, interconnect, mechanical, and electro-mechanical components for the commercial, regional, and general aviation markets; and offers repair and overhaul services for jet engine and aircraft component parts, avionics, instruments, composites, and flight surfaces of commercial aircraft, as well as for avionics and navigation systems, subcomponents, and other instruments utilized on military aircraft. Its Electronic Technologies Group segment provides electro-optical infrared simulation and test equipment; electro-optical laser products; electro-optical, microwave, and other power equipment; electromagnetic and radio frequency (RF) interference shielding and suppression filters; power conversion and interface products; interconnection devices; power electronics; and underwater locator beacons and emergency locator transmission beacons. This segment also offers traveling wave tube amplifiers and microwave power modules; memory products and specialty semiconductors; harsh environment connectivity products and custom molded cable assemblies; RF and microwave products; communications and electronic intercept receivers and tuners; self-sealing auxiliary fuel systems; active antenna systems and airborne antennas; nuclear radiation detectors; silicone products; power amplifiers; ceramic-to-metal feedthroughs and connectors; technical surveillance countermeasures equipment; RF receivers and sources; embedded computing solutions; test sockets and adapters; and radiation assurance services. The company was founded in 1957 and is headquartered in Hollywood, Florida.

HEI Price History

30 days | 90 days | 365 days | Advanced Chart

HEI Stock News Headlines

October 3, 2023 | americanbankingnews.com

HEICO Co. (NYSE:HEI) Short Interest Down 12.3% in September

September 29, 2023 | americanbankingnews.com

HEICO (NYSE:HEI) Receives New Coverage from Analysts at Deutsche Bank Aktiengesellschaft

October 3, 2023 | Legacy Research (Ad)

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September 29, 2023 | americanbankingnews.com

HEICO Co. (NYSE:HEI) Forecasted to Post Q1 2024 Earnings of $0.74 Per Share

September 28, 2023 | americanbankingnews.com

Research Analysts Set Expectations for HEICO Co.'s FY2023 Earnings (NYSE:HEI)

September 25, 2023 | americanbankingnews.com

HEICO Co. (NYSE:HEI) Given Average Rating of "Moderate Buy" by Analysts

September 13, 2023 | bizjournals.com

Ultimate CEO Insights: Heico's Laurans Mendelson on the elements of his success

September 4, 2023 | finance.yahoo.com

Is There Now An Opportunity In HEICO Corporation (NYSE:HEI)?

October 3, 2023 | Legacy Research (Ad)

Elon Did It Again: This Could be Bigger than Tesla

August 30, 2023 | seekingalpha.com

HEICO Corporation: Great Performance, But A Downgrade Might Be On The Horizon

August 30, 2023 | finance.yahoo.com

Q3 2023 HEICO Corp Earnings Call

August 29, 2023 | barrons.com

These Stocks Are Moving the Most Today: NIO, Heico, 3M, Catalent, Best Buy, and More

August 29, 2023 | benzinga.com

HEICO, Canaan And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

August 29, 2023 | finance.yahoo.com

These Stocks Are Moving the Most Today: NIO, AT&T, 3M, Heico, Oracle, Best Buy, and More

August 28, 2023 | nasdaq.com

Heico Corporation (HEI) Beats Q3 Earnings and Revenue Estimates

August 28, 2023 | marketwatch.com

Heico 3Q Sales Rise on Commercial Aerospace Demand, Benefits From Acquisitions

August 28, 2023 | msn.com

HEICO GAAP EPS of $0.74 beats by $0.02, revenue of $722.9M beats by $15.86M

August 28, 2023 | finance.yahoo.com

HEICO Corporation Reports Record Net Sales for the Third Quarter of Fiscal 2023

August 28, 2023 | finance.yahoo.com

India Moon Landing Spurs Interest In This U.S. Defense Contractor Ahead Of Earnings

August 28, 2023 | benzinga.com

HEICO, Baozun And 3 Stocks To Watch Heading Into Monday

August 27, 2023 | markets.businessinsider.com

HEICO is about to announce its earnings — here's what Wall Street expects

August 25, 2023 | benzinga.com

HEICO Gears Up For Q3 Print; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

August 10, 2023 | finance.yahoo.com

A Look At The Fair Value Of HEICO Corporation (NYSE:HEI)

August 8, 2023 | msn.com

TransDigm Group (TDG) Q3 Earnings and Revenues Beat Estimates

August 8, 2023 | markets.businessinsider.com

Bank of America Securities Reaffirms Their Hold Rating on HEICO (HEI)

August 8, 2023 | finance.yahoo.com

Heico Corp. completes record $2 billion acquisition of Georgia-based company

August 4, 2023 | finance.yahoo.com

HEICO Corporation Completes Wencor Group Acquisition

See More Headlines

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HEI Company Calendar

Ex-Dividend for 7/17 Dividend: 6/30/2023
Dividend Payable: 7/17/2023
Last Earnings: 8/29/2023
Today: 10/03/2023
Fiscal Year End: 10/31/2023
Next Earnings (Estimated): 12/18/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Aircraft engines & engine parts
Sub-Industry: Aerospace & Defense
Sector: Aerospace
Current Symbol: NYSE:HEI
CUSIP: 42280610
CIK: 46619
Web: www.heico.com
Phone: (954) 987-4000
Fax: 954-987-8228
Employees: 6,500
Year Founded: 1957

Price Target and Rating

Average Stock Price Forecast: $196.91
High Stock Price Forecast: $220.00
Low Stock Price Forecast: $184.00
Forecasted Upside/Downside: +22.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.70
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.87
Trailing P/E Ratio: 56.10
Forward P/E Ratio: 55.91
P/E Growth: 4.02
Net Income: $351.67 million
Net Margins: 15.05%
Pretax Margin: 20.88%
Return on Equity: 14.30%
Return on Assets: 8.34%

Debt

Debt-to-Equity Ratio: 0.41
Current Ratio: 4.03
Quick Ratio: 2.50

Sales & Book Value

Annual Sales: $2.21 billion
Price / Sales: 10.08
Cash Flow: $3.26 per share
Price / Cash Flow: 49.38
Book Value: $19.39 per share
Price / Book: 8.30

Miscellaneous

Outstanding Shares: 138,190,000
Free Float: 126,773,000
Market Cap: $22.25 billion
Optionable: Optionable
Beta: 1.18

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Key Executives

Mr. Laurans A. Mendelson (Age 85)
Chairman & CEO
Comp: $9.11M

Mr. Eric A. Mendelson (Age 58)
Co-Pres & Director
Comp: $3.6M

Mr. Victor H. Mendelson (Age 56)
Co-Pres & Director
Comp: $3.59M

Mr. Carlos L. Macau Jr. (Age 56)
Exec. VP, CFO & Treasurer
Comp: $2.38M

Mr. Steven M. Walker (Age 59)
Chief Accounting Officer & Assistant Treasurer
Comp: $751.68k

Mr. Joseph W. Pallot (Age 63)
Gen. Counsel

Mr. Thomas S. Irwin (Age 77)
Sr. Exec. VP

Elizabeth R. Letendre
Corp. Sec.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

HEI Stock - Frequently Asked Questions

Should I buy or sell HEICO stock right now?: 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for HEICO in the last twelve months. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" HEI shares.
View HEI analyst ratings or view top-rated stocks.
What is HEICO's stock price forecast for 2023?: 10 analysts have issued 1-year target prices for HEICO's shares. Their HEI share price forecasts range from $184.00 to $220.00. On average, they expect the company's share price to reach $196.91 in the next year. This suggests a possible upside of 22.3% from the stock's current price.
View analysts price targets for HEI or view top-rated stocks among Wall Street analysts.
How have HEI shares performed in 2023?: HEICO's stock was trading at $153.64 on January 1st, 2023. Since then, HEI shares have increased by 4.8% and is now trading at $161.02.
View the best growth stocks for 2023 here.
Are investors shorting HEICO?: HEICO saw a drop in short interest in the month of September. As of September 15th, there was short interest totaling 1,780,000 shares, a drop of 12.3% from the August 31st total of 2,030,000 shares. Based on an average daily trading volume, of 333,800 shares, the days-to-cover ratio is currently 5.3 days. Currently, 4.2% of the company's shares are short sold.
View HEICO's Short Interest.
When is HEICO's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, December 18th 2023.
View our HEI earnings forecast.
How were HEICO's earnings last quarter?: HEICO Co. (NYSE:HEI) posted its earnings results on Tuesday, August, 29th. The aerospace company reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.01. The aerospace company had revenue of $722.90 million for the quarter, compared to the consensus estimate of $701.55 million. HEICO had a trailing twelve-month return on equity of 14.30% and a net margin of 15.05%. HEICO's quarterly revenue was up 26.9% compared to the same quarter last year. During the same period last year, the company earned $0.60 EPS.
How often does HEICO pay dividends? What is the dividend yield for HEICO?: HEICO announced a semi-annual dividend on Monday, June 12th. Investors of record on Monday, July 3rd will be given a dividend of $0.10 per share on Monday, July 17th. This represents a yield of 0.1%. The ex-dividend date is Friday, June 30th.
Read our dividend analysis for HEI.
What ETFs hold HEICO's stock?: ETFs with the largest weight of HEICO (NYSE:HEI) stock in their portfolio include Gabelli Commercial Aerospace & Defense ETF (GCAD), Alger 35 ETF (ATFV), SPDR S&P Aerospace & Defense ETF (XAR), SPDR S&P Kensho Final Frontiers ETF (ROKT), VictoryShares THB Mid Cap ESG ETF (MDCP), First Trust Indxx Aerospace & Defense ETF (MISL), Profound Medical (PRN) and AdvisorShares Focused Equity ETF (CWS).
Is HEICO a good dividend stock?: HEICO (NYSE:HEI) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.12%. The company has been increasing its dividend for 17 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 6.97%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HEI will have a dividend payout ratio of 6.01% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HEI.

When did HEICO's stock split?: HEICO shares split on Thursday, June 28th 2018. The 5-4 split was announced on Tuesday, June 12th 2018. The newly issued shares were distributed to shareholders after the market closes on Wednesday, June 27th 2018. An investor that had 100 shares of stock prior to the split would have 125 shares after the split.
What is Laurans A. Mendelson's approval rating as HEICO's CEO?: 29 employees have rated HEICO Chief Executive Officer Laurans A. Mendelson on Glassdoor.com. Laurans A. Mendelson has an approval rating of 64% among the company's employees.
What other stocks do shareholders of HEICO own?: Based on aggregate information from My MarketBeat watchlists, some companies that other HEICO investors own include NVIDIA (NVDA), PayPal (PYPL), Boeing (BA), Walt Disney (DIS), Home Depot (HD), Intel (INTC), Mastercard (MA), Micron Technology (MU), Cisco Systems (CSCO) and AT&T (T).
What is HEICO's stock symbol?: HEICO trades on the New York Stock Exchange (NYSE) under the ticker symbol "HEI."
How do I buy shares of HEICO?: Shares of HEI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is HEICO's stock price today?: One share of HEI stock can currently be purchased for approximately $161.02.
How much money does HEICO make?: HEICO (NYSE:HEI) has a market capitalization of $22.25 billion and generates $2.21 billion in revenue each year. The aerospace company earns $351.67 million in net income (profit) each year or $2.87 on an earnings per share basis.
How many employees does HEICO have?: The company employs 6,500 workers across the globe.
Does HEICO have any subsidiaries?: The following companies are subsidiares of HEICO: 1260041 B.C. LTD., 16-1741 Property Inc., 26 Ward Hill Property LLC, 3 McCrea Property Company LLC, 3D Acquisition Corp., 3D Plus SAS, 3D Plus U.S.A. Inc., 60 Sequin LLC, A2C Air Cost Control SAS, AD HEICO Acquisition Corp., ATK Acquisition Corp., Action Research Corporation, AeroAntenna Technology, AeroAntenna Technology Inc., AeroDesign Inc., AeroELT LLC, Aerospace & Commercial Technologies LLC, Aeroworks (Asia) Ltd., Aeroworks (Lao) Co. Ltd., Aeroworks Composites (Asia) Ltd., Aeroworks Composites B.V., Aeroworks Europe B.V., Aeroworks Inc., Aeroworks International Holding B.V., Aeroworks Lao II Co. Ltd., Aeroworks Manufacturing Services (Asia) Ltd., Aeroworks Special Products B.V., Air Cost Control Germany GmbH, Air Cost Control PTE Ltd., Air Cost Control US LLC, Aircraft Technology Inc., Analog Modules Inc., Apex Holding Corp., Apex Microtechnology Inc., Associated Composite Inc., Astro Property LLC, Astroseal Products Mfg. Corporation, Aviation Engineered Services Corp., Aviation Facilities Inc., Avisource Limited, Battery Shop L.L.C., Bay Equipment Corp., Bernier Connect SAS, Blue Aerospace LLC, Breidon LLC, CSI Aerospace Inc., Camtronics LLC, Carbon by Design, Carbon by Design Corporation, Carbon by Design LLC, Connect Tech Inc., Connect Tech Real Estate Holdings Inc., Connectronics Corp., Conxall Corporation, DEC Technologies Inc., DIRI Co. Ltd., De-Icing Investment Holdings Corp., Decavo LLC, Dielectric Sciences Inc., Dukane Seacom Inc., Dynatech Acquisition Corp., EMD Acquisition Corp., EMD Technologies Incorporated, Engineering Design Team Inc., Engineering Design Team Inc., Essex X-Ray & Medical Equipment LTD, FerriShield Inc., Freebird Semiconductor Corporation, Future Aviation Inc., HB Fuel Systems LLC, HEICO Aerospace Corporation, HEICO Aerospace Holdings Corp., HEICO Aerospace Parts Corp., HEICO East Corporation, HEICO Electronic Technologies Corp., HEICO Flight Support Corp., HEICO International Holdings B.V., HEICO Parts Group Inc., HEICO Repair Group Aerostructures LLC, HEICO Repair LLC, HETC I LLC, HETC II Corp., HETC III LLC, HETC IV LLC, HETC V LLC, HFSC III Corp., HFSC IV Corp., HFSC V LLC, HFSC VI LLC, HFSC VII LLC, HFSC VIII LLC, HNW Building Corp., HNW2 Building Corp., HVT Group Inc., Harter Aerospace LLC, Harter Aerospace LLC, High Voltage Technology Limited, IRCameras LLC, Inertial Airline Services Inc., Intelligent Devices LLC, Interface Displays & Controls Inc., JA Engineering I Corp., JA Engineering II Corp., Jet Avion Corporation, Jetavi Engineering Private Limited, Jetseal Inc., LLP Enterprises LLC, LPI Industries Corporation, Leader Tech Inc., Lucix Corporation, Lumina Power Inc., McClain International Inc., McClain Property Corp., Meridian Industrial Inc., Midwest Microwave Solutions Inc., Midwest Microwave Solutions Inc., Moulages Plastiques Industriels de L'essonne SARL, Niacc-Avitech Technologies Inc., Northwings Accessories Corp., Optical Display Engineering Inc., Optical Display Engineering LLC, Paciwave Inc., Parts Advantage LLC, Prime Air Europe Limited, Prime Air LLC, Pyramid Semiconductor Corp., Quell Corporation, R.H. Laboratories Inc., Radiant Power Corp., Radiant Power IDC LLC, Ramona Research Inc., Reinhold Holdings Inc., Reinhold Industries Inc., Research Electronics International, Research Electronics International L.L.C., Ridge Engineering LLC, Ridge HoldCo LLC, Robertson Fuel Systems, Robertson Fuel Systems L.L.C., Rocky Mountain Hydrostatics, Rocky Mountain Hydrostatics LLC, Rogers-Dierks Inc., SBIR, SI-REL Inc., SST Components Inc., Santa Barbara Infrared Inc., Seal Dynamics LLC, Seal Dynamics LLC (Singapore Branch), Seal Dynamics Limited, Seal Q Corp., Sensor Technology Engineering LLC, Sierra Microwave Technology LLC, Solid Sealing Technology Inc., Specialty Silicone Products Inc., Spectralux Avionics, Sunshine Avionics LLC, Switchcraft Far East Company Ltd., Switchcraft Holdco Inc., Switchcraft Inc., Switchcraft Inc., TSID Holdings LLC, TTT-Cubed Inc., The Bechdon Company LLC, Thermal Energy Products Inc., Thermal Structures Inc., Transformational Security LLC, Turbine Kinetics Inc., VPT GaN LLC, VPT Inc., and dB Control Corp..
Read More
How can I contact HEICO?: HEICO's mailing address is 3000 TAFT STREET, HOLLYWOOD FL, 33021. The official website for the company is www.heico.com. The aerospace company can be reached via phone at (954) 987-4000 or via fax at 954-987-8228.

This page (NYSE:HEI) was last updated on 10/3/2023 by MarketBeat.com Staff

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