HEICO Corporation, through its subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic related products and services in the United States and internationally. 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 for aerospace and industrial original equipment manufacturers, and the United States government. This segment also distributes hydraulic, pneumatic, structural, 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 airlines, 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 interference shielding; high-speed interface products; high voltage interconnection devices; high voltage advanced power electronics; power conversion products; and underwater locator beacons. This segment also offers traveling wave tube amplifiers and microwave power modules; three-dimensional microelectronic and stacked memory products; harsh environment connectivity products and custom molded cable assemblies; radio frequency and microwave amplifiers, transmitters, and receivers; and high performance communications and electronic intercept receivers and tuners. The company serves the U.S. and foreign military agencies; prime defense contractors; and commercial and defense satellite and spacecraft equipment manufacturers. HEICO Corporation was founded in 1949 and is headquartered in Hollywood, Florida.
Industry, Sector and Symbol
Industry Aircraft engines & engine parts
Sub-IndustryAerospace & Defense
SectorAerospace
SymbolNYSE:HEI
CUSIP42280610
Phone954-987-4000
Debt
Debt-to-Equity Ratio0.50
Current Ratio3.02
Quick Ratio1.36
Price-To-Earnings
Trailing P/E Ratio53.53
Forward P/E Ratio40.00
P/E Growth3.32
Sales & Book Value
Annual Sales$1.52 billion
Price / Sales6.38
Cash Flow$2.3341 per share
Price / Cash39.24
Book Value$12.89 per share
Price / Book7.11
Profitability
EPS (Most Recent Fiscal Year)$1.69
Net Income$185.98 million
Net Margins13.60%
Return on Equity15.22%
Return on Assets7.88%
Miscellaneous
Employees5,100
Outstanding Shares106,260,000
Heico (NYSE:HEI) Frequently Asked Questions
What is Heico's stock symbol?
Heico trades on the New York Stock Exchange (NYSE) under the ticker symbol "HEI."
How often does Heico pay dividends? What is the dividend yield for Heico?
Heico announced a Semi-Annual dividend on Tuesday, June 12th. Stockholders of record on Wednesday, July 11th will be paid a dividend of $0.06 per share on Thursday, July 19th. The ex-dividend date of this dividend is Tuesday, July 10th. View Heico's Dividend History.
When did Heico's stock split? How did Heico's stock split work?
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 will be distributed to shareholders after the closing bell on Wednesday, June 27th 2018. An investor that had 100 shares of Heico stock prior to the split would have 125 shares after the split.
How were Heico's earnings last quarter?
Heico Corp (NYSE:HEI) announced its quarterly earnings results on Tuesday, May, 29th. The aerospace company reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.03. The aerospace company earned $430.60 million during the quarter, compared to analyst estimates of $426.47 million. Heico had a return on equity of 15.22% and a net margin of 13.60%. Heico's revenue was up 16.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.53 EPS. View Heico's Earnings History.
When is Heico's next earnings date?
What price target have analysts set for HEI?
8 Wall Street analysts have issued 1 year price objectives for Heico's stock. Their forecasts range from $68.80 to $100.00. On average, they expect Heico's share price to reach $87.45 in the next year. View Analyst Ratings for Heico.
What are Wall Street analysts saying about Heico stock?
Here are some recent quotes from research analysts about Heico stock:
- 1. According to Zacks Investment Research, "Heico Corporation is engaged primarily in certain niche segments of the aviation, defense, space and electronics industries through its Hollywood, FL-based HEICO Aerospace Holdings Corp. subsidiary and its Miami, FL-based HEICO Electronic Technologies Corp. subsidiary. HEICO's customers include a majority of the world's airlines and airmotives as well as numerous defense and space contractors and military agencies worldwide in addition to telecommunications, electronics and medical equipment manufacturers. " (5/24/2018)
- 2. Canaccord Genuity analysts commented, "We maintain our Neutral rating and $23 PT post the print. HP Inc. posted strong performance for the quarter as all product segments and regions outperformed. However, since a greater portion of revenue upside came from PSG, organic benefit to EPS was relatively muted. Management indicated that its supplies business will experience growth rate deceleration in FY19 as the acquired portfolio experiences declining attach rates. The company raised its outlook due to some organic outperformance as well as lowered taxes. We think gains from here on out will likely be more muted." (2/23/2018)
- 3. Jefferies Financial Group Inc analysts commented, "MaxLinear reported 4Q17 revenue that was in line with guidance while NG EPS beat by a penny. However, 1Q18 revenue guidance came in lower than our forecast reflecting headwinds in the optical, ForceTouch, MoCA, satellite and Industrial & Multi-Market segments. On a positive note, NG GM was better than expected in both 4Q17 results and 1Q18 guidance. Though we remain encouraged by the strong pipeline of upcoming Infrastructure products and their respective potential market opportunities, we lower our EPS estimates for 2018 and 2019 and price target to $30 from $32 to remove risk revenue from our forecast." (2/14/2018)
Who are some of Heico's key competitors?
Some companies that are related to Heico include BAE Systems (BAESY), Rolls-Royce (RYCEY), Rockwell Collins (COL), TransDigm Group (TDG), Textron (TXT), L3 Technologies (LLL), Spirit AeroSystems (SPR), Huntington Ingalls Industries (HII), MTU AERO ENGINE/ADR (MTUAY), Leidos (LDOS), Heico Corp Class A (HEI.A), Orbital ATK (OA), FLIR Systems (FLIR), Teledyne Technologies (TDY) and Hexcel (HXL).
Who are Heico's key executives?
Heico's management team includes the folowing people:
- Mr. Laurans A. Mendelson, Chairman & CEO (Age 80)
- Mr. Eric A. Mendelson, Co-Pres & Director (Age 53)
- Mr. Victor H. Mendelson, Co-Pres & Director (Age 51)
- Mr. Carlos L. Macau Jr., Exec. VP, CFO & Treasurer (Age 51)
- Mr. Steven M. Walker, Chief Accounting Officer & Assistant Treasurer (Age 54)
Has Heico been receiving favorable news coverage?
News articles about HEI stock have been trending somewhat positive on Wednesday, according to Accern. Accern rates the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Heico earned a media sentiment score of 0.11 on Accern's scale. They also assigned news stories about the aerospace company an impact score of 46.47 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.
Who are Heico's major shareholders?
Heico's stock is owned by a number of of retail and institutional investors. Top institutional investors include Fisher Asset Management LLC (1.28%), Franklin Resources Inc. (0.47%), Chilton Investment Co. LLC (0.44%), Artisan Partners Limited Partnership (0.37%), EULAV Asset Management (0.32%) and Thrivent Financial for Lutherans (0.15%). Company insiders that own Heico stock include Alan Schriesheim, Frank J Schwitter, Laurans A Mendelson, Mark H Hildebrandt and Thomas S Irwin. View Institutional Ownership Trends for Heico.
Which institutional investors are selling Heico stock?
HEI stock was sold by a variety of institutional investors in the last quarter, including GW&K Investment Management LLC, Point72 Asset Management L.P., Eagle Asset Management Inc., Hsbc Holdings PLC, Citigroup Inc., Jane Street Group LLC, Commerce Bank and Lisanti Capital Growth LLC. Company insiders that have sold Heico company stock in the last year include Alan Schriesheim, Frank J Schwitter, Laurans A Mendelson and Thomas S Irwin. View Insider Buying and Selling for Heico.
Which institutional investors are buying Heico stock?
HEI stock was purchased by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Fisher Asset Management LLC, Artisan Partners Limited Partnership, Chilton Investment Co. LLC, EULAV Asset Management, Thrivent Financial for Lutherans, Loomis Sayles & Co. L P and Timpani Capital Management LLC. View Insider Buying and Selling for Heico.
How do I buy shares of Heico?
Shares of HEI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Heico's stock price today?
One share of HEI stock can currently be purchased for approximately $91.59.
How big of a company is Heico?
Heico has a market capitalization of $9.80 billion and generates $1.52 billion in revenue each year. The aerospace company earns $185.98 million in net income (profit) each year or $1.69 on an earnings per share basis. Heico employs 5,100 workers across the globe.
How can I contact Heico?
Heico's mailing address is 3000 TAFT STREET, HOLLYWOOD FL, 33021. The aerospace company can be reached via phone at 954-987-4000.
MarketBeat Community Rating for Heico (HEI)
MarketBeat's community ratings are surveys of what our community members think about Heico and other stocks. Vote "Outperform" if you believe HEI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HEI will underperform the S&P 500 over the long term. You may vote once every thirty days.
