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
Industry Aircraft engines & engine parts
Sub-IndustryAerospace & Defense
SectorAerospace
SymbolNYSE:HEI
CUSIP42280610
Phone954-987-4000
Debt
Debt-to-Equity Ratio0.50%
Current Ratio2.89%
Quick Ratio1.29%
Price-To-Earnings
Trailing P/E Ratio54.53
Forward P/E Ratio41.14
P/E Growth3.39
Sales & Book Value
Annual Sales$1.52 billion
Price / Sales6.39
Cash Flow$2.3504 per share
Price / Cash39.21
Book Value$11.82 per share
Price / Book7.80
Profitability
EPS (Most Recent Fiscal Year)$1.69
Net Income$185.98 million
Net Margins13.26%
Return on Equity14.80%
Return on Assets7.67%
Miscellaneous
Employees5,100
Outstanding Shares105,700,000
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 declared a semiannual dividend on Monday, December 18th. Shareholders of record on Wednesday, January 3rd will be paid a dividend of $0.056 per share on Wednesday, January 17th. This represents a yield of 0.15%. The ex-dividend date of this dividend is Tuesday, January 2nd. View Heico's Dividend History.
When did Heico's stock split? How did Heico's stock split work?
Heico shares split before market open on Thursday, January 18th 2018. The 5-4 split was announced on Monday, December 18th 2017. The newly created shares were distributed to shareholders after the market closes on Wednesday, January 17th 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) posted its quarterly earnings results on Tuesday, February, 27th. The aerospace company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by $0.05. The aerospace company earned $404.41 million during the quarter, compared to the consensus estimate of $394.23 million. Heico had a return on equity of 14.80% and a net margin of 13.26%. View Heico's Earnings History.
When is Heico's next earnings date?
What price target have analysts set for HEI?
8 brokers have issued twelve-month price targets for Heico's shares. Their forecasts range from $68.80 to $100.00. On average, they anticipate Heico's stock price to reach $85.0750 in the next twelve months. 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. " (3/13/2018)
- 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 Group LLC 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 Textron (TXT), TransDigm Group (TDG), L3 Technologies (LLL), Huntington Ingalls Industries (HII), Leidos (LDOS), Spirit AeroSystems (SPR), MTU Aero Engines (MTUAY), Orbital ATK (OA), FLIR Systems (FLIR), Teledyne Technologies International (TDY), Curtiss-Wright (CW), Hexcel (HXL), Elbit Systems (ESLT), CAE (CAE), Embraer (ERJ), COBHAM (CBHMY), KLX (KLXI) and Moog (MOG.A).
Who are Heico's key executives?
Heico's management team includes the folowing people:
- Laurans A. Mendelson, Chairman of the Board, Chief Executive Officer (Age 79)
- Eric A. Mendelson, Co-President, Director, President and Chief Executive Officer of the HEICO Flight Support Group (Age 52)
- Victor H. Mendelson, Co-President, Director, President and Chief Executive Officer of the HEICO Electronic Technologies Group (Age 50)
- Carlos L. Macau Jr., Chief Financial Officer, Executive Vice President, Treasurer (Age 50)
- Thomas S. Irwin, Senior Executive Vice President (Age 71)
- Steven M. Walker, Chief Accounting Officer, Assistant Treasurer (Age 53)
- Thomas M. Culligan, Independent Director (Age 66)
- Adolfo Henriques, Independent Director (Age 64)
- Mark H. Hildebrandt, Independent Director (Age 61)
- Wolfgang Mayrhuber, Independent Director (Age 70)
Has Heico been receiving favorable news coverage?
Press coverage about HEI stock has trended somewhat positive on Sunday, according to Accern. The research firm rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Heico earned a media sentiment score of 0.16 on Accern's scale. They also gave news headlines about the aerospace company an impact score of 47.19 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
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 $92.16.
How big of a company is Heico?
Heico has a market capitalization of $9.74 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.
Heico (NYSE:HEI) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
8 Wall Street analysts have issued ratings and price targets for Heico in the last 12 months. Their average twelve-month price target is $85.0750, suggesting that the stock has a possible downside of 7.69%. The high price target for HEI is $100.00 and the low price target for HEI is $68.80. There are currently 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 2.63 | 2.63 | 2.63 | 2.50 |
| Ratings Breakdown: | 0 Sell Rating(s)
3 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
3 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
3 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
4 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $85.0750 | $85.0750 | $80.00 | $72.50 |
| Price Target Upside: | 7.69% downside | 0.26% downside | 3.52% upside | 1.09% downside |
Heico (NYSE:HEI) Consensus Price Target History
Heico (NYSE:HEI) Analyst Ratings History
Show:
(Data available from 4/22/2016 forward)
Heico (NYSE:HEI) Dividend Information
Heico pays an annual dividend of $0.14 per share, with a dividend yield of 0.15%. HEI's most recent semiannual dividend payment was Wednesday, January 17. The company has grown its dividend for the last 8 consecutive years and is increasing its dividend by an average of 16.30% each year. Heico pays out 8.28% of its earnings out as a dividend.
| Most Recent Dividend: | 1/17/2018 |
| Annual Dividend: | $0.14 |
| Dividend Yield: | 0.15% |
| Dividend Growth: | 16.30% (3 Year Average) |
| Payout Ratio: | 8.28% (Trailing 12 Months of Earnings)
6.25% (Based on This Year's Estimates)
5.83% (Based on Next Year's Estimates)
|
| Track Record: | 8 Years of Consecutive Dividend Growth |
Heico (NYSE:HEI) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 12/18/2017 | semiannual | $0.0560 | 0.15% | 1/2/2018 | 1/3/2018 | 1/17/2018 |
| 6/14/2017 | semiannual | $0.0640 | 0.22% | 6/30/2017 | 7/5/2017 | 7/19/2017 |
| 12/14/2016 | semiannual | $0.0720 | 0.24% | 12/30/2016 | 1/4/2017 | 1/18/2017 |
| 6/7/2016 | semiannual | $0.0640 | 0.24% | 6/30/2016 | 7/5/2016 | 7/19/2016 |
| 12/15/2015 | semiannual | $0.0640 | 0.32% | 12/30/2015 | 1/4/2016 | 1/19/2016 |
| 6/10/2015 | semiannual | $0.0560 | 0.24% | 7/1/2015 | 7/6/2015 | 7/20/2015 |
| 12/17/2014 | semiannual | $0.0560 | 0.25% | 12/31/2014 | 1/5/2015 | 1/19/2015 |
| 11/10/2014 | special | $0.2480 | 0.22% | 11/19/2014 | 11/21/2014 | 12/10/2014 |
| 6/11/2014 | semiannual | $0.0480 | 0.23% | 7/2/2014 | 7/7/2014 | 7/21/2014 |
| 12/18/2013 | semiannual | $0.0480 | 0.2% | 12/31/2013 | 1/3/2014 | 1/17/2014 |
| 12/17/2013 | special | $0.28 | 0.2% | 12/31/2013 | 1/3/2014 | 1/17/2014 |
| 6/12/2013 | semiannual | $0.0560 | 0.27% | 7/3/2013 | 7/8/2013 | 7/22/2013 |
| 12/6/2012 | special | $1.7120 | | | 12/17/2012 | 12/31/2012 |
(Data available from 1/1/2013 forward)
Heico (NYSE HEI) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 9.88%
Institutional Ownership Percentage: 22.50%
Heico (NYSE HEI) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 4/12/2018 | Alan Schriesheim | Director | Sell | 2,000 | $87.83 | $175,660.00 | |  |
| 4/10/2018 | Alan Schriesheim | Director | Sell | 1,663 | $71.07 | $118,189.41 | | |
| 4/2/2018 | Frank J. Schwitter | Director | Sell | 2,500 | $69.35 | $173,375.00 | | |
| 10/5/2017 | Mark H Hildebrandt | Director | Buy | 1,316 | $76.13 | $100,187.08 | | |
| 9/21/2017 | Thomas S Irwin | VP | Sell | 20,000 | $76.28 | $1,525,600.00 | 31,110 | |
| 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 | 1,000 | |
| 9/21/2015 | Laurans A. Mendelson | CEO | Buy | 1,550 | $45.03 | $69,796.50 | 197,603 | |
| 9/21/2015 | Victor H. Mendelson | insider | Buy | 795 | $45.03 | $35,798.85 | 143,181 | |
| 1/7/2015 | William S Harlow | VP | Sell | 1,877 | $49.90 | $93,662.30 | | |
(Data available from 1/1/2013 forward)
Heico (NYSE HEI) News Headlines
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Heico (NYSE:HEI) SEC Filings
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Heico (NYSE:HEI) Income Statement, Balance Sheet and Cash Flow Statement
Heico (NYSE HEI) Stock Chart for Sunday, April, 22, 2018
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