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HEICO (HEI) Stock Price, News & Analysis

$234.26
+3.50 (+1.52%)
(As of 07/26/2024 ET)
Today's Range
$232.10
$237.45
50-Day Range
$211.99
$234.26
52-Week Range
$155.42
$237.45
Volume
258,067 shs
Average Volume
382,254 shs
Market Capitalization
$32.45 billion
P/E Ratio
73.67
Dividend Yield
0.09%
Price Target
$236.89

HEICO MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.89 Rating Score
Upside/​Downside
1.1% Upside
$236.89 Price Target
Short Interest
Healthy
3.93% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.74mentions of HEICO in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$15.57 M Sold Last Quarter
Proj. Earnings Growth
17.37%
From $3.57 to $4.19 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.82 out of 5 stars

Aerospace Sector

12th out of 42 stocks

Aircraft Engines & Engine Parts Industry

3rd out of 3 stocks

HEI stock logo

About HEICO Stock (NYSE:HEI)

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. 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, and other instruments utilized on military aircraft. The company's 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; interconnection devices; 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 incorporated in 1957 and is headquartered in Hollywood, Florida.

HEI Stock Price History

HEI Stock News Headlines

We’re in a code red crisis and 99% of Americans are clueless
Folks, it's 2024… Things that we used to rely on - are failing us. Take the phasing out of fossil fuels… Matched with the destruction of oil refineries around the world… And the outright failure of solar and wind technologies… But there is just one solution… And right now governments around the world are stockpiling this resource at the fastest rate in DECADES!
HEICO Co. (NYSE:HEI) Receives $236.89 Consensus PT from Brokerages
MSCI WORLD ESG LEADERS GRTR EUR (^739689-EUR-GRTR)
We’re in a code red crisis and 99% of Americans are clueless
Folks, it's 2024… Things that we used to rely on - are failing us. Take the phasing out of fossil fuels… Matched with the destruction of oil refineries around the world… And the outright failure of solar and wind technologies… But there is just one solution… And right now governments around the world are stockpiling this resource at the fastest rate in DECADES!
HEI Aug 2024 200.000 put
The 7 Best Stocks to Buy in July 2024
See More Headlines
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Company Calendar

Last Earnings
5/28/2024
Ex-Dividend for 7/15 Dividend
7/01/2024
Dividend Payable
7/15/2024
Today
7/26/2024
Next Earnings (Estimated)
8/26/2024
Fiscal Year End
10/31/2024

Industry, Sector and Symbol

Sector
Aerospace
Industry
Aircraft engines & engine parts
Sub-Industry
Aerospace & Defense
CUSIP
42280610
Employees
9,600
Year Founded
1957

Price Target and Rating

Average Stock Price Target
$236.89
High Stock Price Target
$250.00
Low Stock Price Target
$206.00
Potential Upside/Downside
+2.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.89
Research Coverage
9 Analysts

Profitability

Net Income
$403.60 million
Pretax Margin
17.05%

Debt

Sales & Book Value

Annual Sales
$2.97 billion
Cash Flow
$4.08 per share
Book Value
$23.10 per share

Miscellaneous

Free Float
127,278,000
Market Cap
$31.96 billion
Optionable
Optionable
Beta
1.20

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Should I Buy HEICO Stock? HEI Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in HEICO Co.:

  • HEICO's stock price has been steadily increasing, reaching $227.52 on June 30, 2024, indicating positive market sentiment.
  • Multiple equity research analysts have given HEICO a "buy" rating, with price targets as high as $250.00, suggesting strong growth potential.
  • HEICO has a market capitalization of $31.51 billion, reflecting the company's size and stability in the aerospace industry.
  • With a debt-to-equity ratio of 0.69, HEICO maintains a healthy balance sheet, indicating financial prudence.
  • HEICO's price-to-earnings ratio of 71.55 and price-to-earnings-growth ratio of 3.38 show that the stock may be undervalued compared to its growth prospects.

Cons

Investors should be bearish about investing in HEICO Co. for these reasons:

  • HEICO's stock has a beta of 1.21, indicating higher volatility compared to the market average, which may pose risks for investors.
  • While the stock has shown growth, the current price-to-earnings ratio of 71.55 may suggest that the stock is trading at a premium.
  • HEICO's price-to-earnings-growth ratio of 3.38 may indicate that the stock is overvalued relative to its growth prospects.
  • There is insider selling activity, with directors selling significant amounts of shares, which could be perceived as a lack of confidence in the company's future performance.
  • HEICO's 52-week high of $232.02 may signal potential resistance levels for further price appreciation.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, July 1, 2024. Please send any questions or comments about these HEICO pros and cons to contact@marketbeat.com.

HEI Stock Analysis - Frequently Asked Questions

How have HEI shares performed this year?

HEICO's stock was trading at $178.87 at the beginning of 2024. Since then, HEI shares have increased by 31.0% and is now trading at $234.26.
View the best growth stocks for 2024 here
.

How were HEICO's earnings last quarter?

HEICO Co. (NYSE:HEI) released its earnings results on Tuesday, May, 28th. The aerospace company reported $0.88 earnings per share for the quarter, beating analysts' consensus estimates of $0.80 by $0.08. The firm's revenue for the quarter was up 38.9% compared to the same quarter last year.

When did HEICO's stock split?

HEICO shares split on the morning of Thursday, June 28th 2018. The 5-4 split was announced on Tuesday, June 12th 2018. The newly issued shares were payable to shareholders after the closing bell 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.

Does HEICO have any subsidiaries?

HEICO subsidiaries include Connect Tech Inc., Intelligent Devices LLC, Transformational Security LLC, Rocky Mountain Hydrostatics, Freebird Semiconductor Corporation, Spectralux Avionics, Quell Corporation, and more.

Who are HEICO's major shareholders?

Top institutional investors of HEICO include Riverbridge Partners LLC (0.72%), TCW Group Inc. (0.14%), Hyman Charles D (0.07%) and Gateway Investment Advisers LLC (0.04%). Insiders that own company stock include Laurans A Mendelson, Victor H Mendelson, Alan Schriesheim, Eric A Mendelson, Thomas S Irwin, Thomas M Culligan, Frank J Schwitter, Adolfo Henriques, Mark H Hildebrandt and Julie Neitzel.
View institutional ownership trends
.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of HEICO own?

Based on aggregate information from My MarketBeat watchlists, some other companies that HEICO investors own include NVIDIA (NVDA), PayPal (PYPL), Boeing (BA), Walt Disney (DIS), Home Depot (HD), Intel (INTC) and Mastercard (MA).

This page (NYSE:HEI) was last updated on 7/26/2024 by MarketBeat.com Staff

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