Heico Corp Company Profile (NYSE:HEI)

About Heico Corp (NYSE:HEI)

Heico Corp logoHEICO 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: Aerospace/Defense Products & Services
  • Sub-Industry: Aerospace & Defense
  • Symbol: NYSE:HEI
  • CUSIP: 42280610
  • Web: www.heico.com
Capitalization:
  • Market Cap: $6.26 billion
  • Outstanding Shares: 84,187,000
Average Prices:
  • 50 Day Moving Avg: $70.91
  • 200 Day Moving Avg: $65.30
  • 52 Week Range: $50.43 - $74.92
P/E:
  • Trailing P/E Ratio: 38.41
  • Foreward P/E Ratio: 33.18
  • P/E Growth: 5.24
Sales & Book Value:
  • Annual Revenue: $1.41 billion
  • Price / Sales: 4.44
  • Book Value: $11.90 per share
  • Price / Book: 6.25
Dividend:
  • Annual Dividend: $0.18
  • Dividend Yield: 0.2%
Profitability:
  • EBIDTA: $347.83 million
  • Net Margins: 11.35%
  • Return on Equity: 15.97%
  • Return on Assets: 7.85%
Debt:
  • Debt-to-Equity Ratio: 0.44%
  • Current Ratio: 2.72%
  • Quick Ratio: 1.39%
Misc:
  • Average Volume: 162,810 shs.
  • Beta: 0.52
  • Short Ratio: 10.79
 

Frequently Asked Questions for Heico Corp (NYSE:HEI)

What is Heico Corp's stock symbol?

Heico Corp trades on the New York Stock Exchange (NYSE) under the ticker symbol "HEI."

How often does Heico Corp pay dividends? What is the dividend yield for Heico Corp?

Heico Corp announced a semiannual dividend on Wednesday, December 14th. Shareholders of record on Wednesday, January 4th will be given a dividend of $0.09 per share on Wednesday, January 18th. This represents a yield of 0.24%. The ex-dividend date is Friday, December 30th. This is a boost from Heico Corp's previous semiannual dividend of $0.08. View Heico Corp's Dividend History.

How were Heico Corp's earnings last quarter?

Heico Corp (NYSE:HEI) announced its quarterly earnings data on Tuesday, February, 28th. The company reported $0.56 EPS for the quarter, hitting analysts' consensus estimates of $0.56. The company had revenue of $343.40 million for the quarter, compared to analysts' expectations of $339.29 million. Heico Corp had a return on equity of 15.97% and a net margin of 11.35%. The firm's revenue for the quarter was up 12.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.49 earnings per share. View Heico Corp's Earnings History.

When will Heico Corp make its next earnings announcement?

Heico Corp is scheduled to release their next quarterly earnings announcement on Tuesday, May, 23rd 2017. View Earnings Estimates for Heico Corp.

Where is Heico Corp's stock going? Where will Heico Corp's stock price be in 2017?

8 brokers have issued twelve-month price targets for Heico Corp's stock. Their forecasts range from $73.00 to $100.00. On average, they expect Heico Corp's share price to reach $83.71 in the next year. View Analyst Ratings for Heico Corp.

What are analysts saying about Heico Corp stock?

Here are some recent quotes from research analysts about Heico Corp 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. " (5/1/2017)
  • 2. Jefferies Group LLC analysts commented, "Heico delivered FQ1:17 EPS of $0.59 vs. our est./cons of $0.53/$0.55. FQ1 revenues were 2% above our forecast with op. earnings 4% higher (+$0.03). Tax and Interest contributed another $0.04 to the beat. HEI raised the implied FY17 EPS guidance range by ~1% at the mid-point to $2.50-$2.54 from $2.45- $2.52. Guidance raised on better top-line. Heico raised revenue guidance to net sales growth of 6-8% from a range of 5-7% prior. Op. margins are estimated to be in the range of 19.0-20.0%, up from 19.3% in FY16." (3/1/2017)

Who are some of Heico Corp's key competitors?

Who owns Heico Corp stock?

Heico Corp's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Riverbridge Partners LLC (1.58%), Fisher Asset Management LLC (1.15%), Ardevora Asset Management LLP (0.47%), Copeland Capital Management LLC (0.37%), OppenheimerFunds Inc. (0.37%) and First Trust Advisors LP (0.35%). Company insiders that own Heico Corp stock include Frank J Schwitter, Laurans A Mendelson, Victor H Mendelson and William S Harlow. View Institutional Ownership Trends for Heico Corp.

Who sold Heico Corp stock? Who is selling Heico Corp stock?

Heico Corp's stock was sold by a variety of institutional investors in the last quarter, including Copeland Capital Management LLC, Riverbridge Partners LLC, Schroder Investment Management Group, Fisher Asset Management LLC, Turner Investments LLC, Nicholas Investment Partners LP, Paloma Partners Management Co and Driehaus Capital Management LLC. View Insider Buying and Selling for Heico Corp.

Who bought Heico Corp stock? Who is buying Heico Corp stock?

Heico Corp's stock was bought by a variety of institutional investors in the last quarter, including Waratah Capital Advisors Ltd., Tygh Capital Management Inc., Artisan Partners Limited Partnership, OppenheimerFunds Inc., Loomis Sayles & Co. L P, Westpac Banking Corp, King Luther Capital Management Corp and Advisors Asset Management Inc.. Company insiders that have bought Heico Corp stock in the last two years include Frank J Schwitter, Laurans A Mendelson and Victor H Mendelson. View Insider Buying and Selling for Heico Corp.

How do I buy Heico Corp stock?

Shares of Heico Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Heico Corp stock cost?

One share of Heico Corp stock can currently be purchased for approximately $74.32.

Analyst Ratings

Consensus Ratings for Heico Corp (NYSE:HEI) (?)
Ratings Breakdown: 4 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $83.71 (12.64% upside)

Analysts' Ratings History for Heico Corp (NYSE:HEI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/22/2017Canaccord GenuityReiterated RatingBuy$80.00LowView Rating Details
4/26/2017Jefferies Group LLCReiterated RatingHold$68.00 -> $73.00LowView Rating Details
4/13/2017StephensInitiated CoverageEqual Weight$87.00MediumView Rating Details
4/12/2017Deutsche Bank AGReiterated RatingBuy$100.00LowView Rating Details
1/19/2017SunTrust Banks, Inc.Initiated CoverageBuy$85.00N/AView Rating Details
12/15/2016Credit Suisse Group AGUpgradeNeutral -> Outperform$68.00 -> $86.00N/AView Rating Details
9/20/2016GabelliReiterated RatingHoldN/AView Rating Details
8/30/2016Bank of America CorpDowngradeBuy -> Neutral$75.00N/AView Rating Details
8/27/2015Raymond James Financial, Inc.Lower Price Target$67.00 -> $64.00N/AView Rating Details
7/14/2015CL KingInitiated CoverageBuy$70.00N/AView Rating Details
(Data available from 5/22/2015 forward)

Earnings

Earnings History for Heico Corp (NYSE:HEI)
Earnings by Quarter for Heico Corp (NYSE:HEI)
Earnings History by Quarter for Heico Corp (NYSE:HEI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/23/2017        
2/28/2017Q1 2017$0.56$0.56$339.29 million$343.40 millionViewN/AView Earnings Details
12/13/2016Q416$0.62$0.65$371.90 million$363.30 millionViewN/AView Earnings Details
8/24/2016Q3$0.59$0.62$356.35 million$356.10 millionViewN/AView Earnings Details
5/25/2016Q2$0.56$0.57$291.40 million$350.30 millionViewN/AView Earnings Details
2/25/2016Q1$0.48$0.49$299.14 million$306.23 millionViewN/AView Earnings Details
12/15/2015Q415$0.53$0.56$321.93 million$328.67 millionViewListenView Earnings Details
8/25/2015Q315$0.52$0.51$321.89 million$300.37 millionViewListenView Earnings Details
5/19/2015Q215$0.45$0.49$1.29 billion$291.40 billionViewN/AView Earnings Details
2/24/2015Q115$0.45$0.41$286.39 million$268.20 millionViewN/AView Earnings Details
12/16/2014Q414$0.44$0.48$305.11 million$292.22 millionViewN/AView Earnings Details
8/26/2014Q314$0.44$0.49$296.43 million$291.00 millionViewN/AView Earnings Details
5/20/2014Q214$0.40$0.42$276.85 million$282.23 millionViewN/AView Earnings Details
2/25/2014Q114$0.35$0.41$251.54 million$266.83 millionViewN/AView Earnings Details
12/17/2013Q4$0.41$0.44$273.43 million$287.42 millionViewN/AView Earnings Details
8/27/2013Q3 2013$0.47$0.54$252.99 million$267.10 millionViewN/AView Earnings Details
5/22/2013Q2 2013$0.40$0.44$229.22 million$237.71 millionViewN/AView Earnings Details
2/20/2013Q1 2013$0.40$0.37$227.65 million$216.49 millionViewN/AView Earnings Details
12/18/2012Q4 2012$0.44$0.45$237.38 million$242.40 millionViewN/AView Earnings Details
8/22/2012Q312$0.41$0.43$232.25 million$226.00 millionViewN/AView Earnings Details
5/22/2012$0.37$0.36ViewN/AView Earnings Details
2/22/2012$0.44$0.45ViewN/AView Earnings Details
12/15/2011$0.43$0.44ViewN/AView Earnings Details
8/24/2011$0.40$0.48ViewN/AView Earnings Details
5/24/2011$0.37$0.40ViewN/AView Earnings Details
2/22/2011$0.42$0.48ViewN/AView Earnings Details
12/15/2010$0.40$0.46$156.98 million$169.40 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Heico Corp (NYSE:HEI)
2017 EPS Consensus Estimate: $2.35
2018 EPS Consensus Estimate: $2.90
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.53$0.59$0.56
Q2 20172$0.51$0.64$0.58
Q3 20172$0.50$0.67$0.59
Q4 20172$0.53$0.72$0.63
Q1 20181$0.64$0.64$0.64
Q2 20181$0.72$0.72$0.72
Q3 20181$0.75$0.75$0.75
Q4 20181$0.79$0.79$0.79
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Heico Corp (NYSE:HEI)
Most Recent Dividend:1/18/2017
Annual Dividend:$0.18
Dividend Yield:0.24%
Dividend Growth:41.90% (3 Year Average)
Payout Ratio:7.83% (Trailing 12 Months of Earnings)
8.78% (Based on This Year's Estimates)
8.04% (Based on Next Year's Estimates)
Track Record:7 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Heico Corp (NYSE:HEI)

Dividend History by Quarter for Heico Corp (NYSE:HEI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/14/2016semiannual$0.090.24%12/30/20161/4/20171/18/2017
6/7/2016semiannual$0.080.24%6/30/20167/5/20167/19/2016
12/15/2015semiannual$0.080.32%12/30/20151/4/20161/19/2016
6/10/2015semiannual$0.070.24%7/1/20157/6/20157/20/2015
12/17/2014semiannual$0.070.25%12/31/20141/5/20151/19/2015
11/10/2014special$0.310.22%11/19/201411/21/201412/10/2014
6/11/2014semiannual$0.060.23%7/2/20147/7/20147/21/2014
12/18/2013semiannual$0.060.2%12/31/20131/3/20141/17/2014
12/17/2013special$0.350.2%12/31/20131/3/20141/17/2014
6/12/2013semiannual$0.070.27%7/3/20137/8/20137/22/2013
12/6/2012special$2.1412/17/201212/31/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Heico Corp (NYSE:HEI)
Insider Ownership Percentage: 9.76%
Institutional Ownership Percentage: 26.19%
Insider Trades by Quarter for Heico Corp (NYSE:HEI)
Institutional Ownership by Quarter for Heico Corp (NYSE:HEI)
Insider Trades by Quarter for Heico Corp (NYSE:HEI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/23/2015William S HarlowVPSell4,481$50.36$225,663.16View SEC Filing  
9/21/2015Frank J. SchwitterDirectorBuy1,325$50.98$67,548.50View SEC Filing  
9/21/2015Laurans A. MendelsonCEOBuy1,550$45.03$69,796.50View SEC Filing  
9/21/2015Victor H. MendelsoninsiderBuy795$45.03$35,798.85View SEC Filing  
1/7/2015William S HarlowVPSell1,877$49.90$93,662.30View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Heico Corp (NYSE:HEI)
Latest Headlines for Heico Corp (NYSE:HEI)
Source:
DateHeadline
americanbankingnews.com logoCanaccord Genuity Reiterates Buy Rating for Heico Corp (HEI)
www.americanbankingnews.com - May 22 at 1:24 PM
streetinsider.com logoHeico Corp. (HEI) Tops Q1 EPS by 3c
www.streetinsider.com - May 5 at 4:13 PM
americanbankingnews.com logoHeico Corp (HEI) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - May 5 at 10:48 AM
americanbankingnews.com logoHeico Corp (HEI) Earns Daily News Sentiment Score of 0.03
www.americanbankingnews.com - May 4 at 8:18 PM
americanbankingnews.com logoHeico Corp (HEI) Given Buy Rating at Canaccord Genuity
www.americanbankingnews.com - May 3 at 1:33 PM
americanbankingnews.com logoZacks Investment Research Downgrades Heico Corp (HEI) to Hold
www.americanbankingnews.com - May 1 at 11:22 PM
americanbankingnews.com logoHeico Corp (HEI) Earning Somewhat Favorable News Coverage, Study Finds
www.americanbankingnews.com - May 1 at 10:19 AM
americanbankingnews.com logoSomewhat Favorable Media Coverage Somewhat Likely to Affect Heico Corp (HEI) Stock Price
www.americanbankingnews.com - April 28 at 11:44 PM
americanbankingnews.com logoZacks: Analysts Anticipate Heico Corp (HEI) Will Post Earnings of $0.50 Per Share
www.americanbankingnews.com - April 28 at 11:36 AM
americanbankingnews.com logoHeico Corp (HEI) Expected to Earn Q3 2017 Earnings of $0.50 Per Share
www.americanbankingnews.com - April 27 at 11:32 AM
americanbankingnews.com logoHeico Corp to Post Q2 2017 Earnings of $0.51 Per Share, Jefferies Group Forecasts (HEI)
www.americanbankingnews.com - April 26 at 10:11 AM
bizjournals.com logoHeico closes acquisition of S. Fla. company with 130 workers
www.bizjournals.com - April 25 at 5:12 PM
americanbankingnews.com logoSomewhat Favorable Media Coverage Extremely Likely to Affect Heico Corp (HEI) Stock Price
www.americanbankingnews.com - April 25 at 4:56 PM
finance.yahoo.com logoHEICO Corporation Completes Air Cost Control Acquisition
finance.yahoo.com - April 25 at 10:56 AM
finance.yahoo.com logoHEICO Corporation Announces 25% Increase in Credit Facility - Yahoo Finance
finance.yahoo.com - April 24 at 5:23 PM
reuters.com logoBRIEF-Heico Corp announces 25 pct increase in credit facility
www.reuters.com - April 24 at 10:23 AM
finance.yahoo.com logoHEICO Corporation Announces 25% Increase in Credit Facility
finance.yahoo.com - April 24 at 10:23 AM
finance.yahoo.com logoHEICO Corp. – Value Analysis (NYSE:HEI) : April 21, 2017
finance.yahoo.com - April 21 at 5:36 PM
finance.yahoo.com logoHEICO Corp. breached its 50 day moving average in a Bearish Manner : HEI-US : April 20, 2017
finance.yahoo.com - April 20 at 11:52 AM
nasdaq.com logoHeico Breaks Below 200-Day Moving Average - Notable for HEI
www.nasdaq.com - April 19 at 11:39 AM
finance.yahoo.com logoHEICO Corporation Shares Begin Post-Split Trading
finance.yahoo.com - April 19 at 11:39 AM
nasdaq.com logoRockwell Collins (COL) Acquires B/E Aerospace for $8.6B
www.nasdaq.com - April 17 at 11:08 AM
americanbankingnews.com logoHeico Corp (HEI) Getting Positive News Coverage, Study Finds
www.americanbankingnews.com - April 16 at 12:37 PM
americanbankingnews.com logoHeico Corp (HEI) Expected to Post FY2017 Earnings of $2.55 Per Share
www.americanbankingnews.com - April 14 at 12:18 PM
americanbankingnews.com logoHeico Corp's (HEI) "Buy" Rating Reiterated at Deutsche Bank AG
www.americanbankingnews.com - April 13 at 11:14 PM
americanbankingnews.com logoHeico Corp (HEI) Earning Somewhat Favorable Media Coverage, Analysis Shows
www.americanbankingnews.com - April 13 at 3:58 PM
americanbankingnews.com logoHeico Corp (HEI) Coverage Initiated at Stephens
www.americanbankingnews.com - April 13 at 8:32 AM
americanbankingnews.com logoHeico Corp (HEI) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - April 10 at 11:47 AM
americanbankingnews.com logoHeico Corp (HEI) Expected to Announce Quarterly Sales of $372.99 Million
www.americanbankingnews.com - April 9 at 9:44 AM
americanbankingnews.com logoHeico Corp (HEI) Expected to Post Earnings of $0.64 Per Share
www.americanbankingnews.com - April 7 at 5:35 PM
finance.yahoo.com logoAward-Winning Boeing Supplier Lands IBD Ratings Upgrade
finance.yahoo.com - April 7 at 10:14 AM
finance.yahoo.com logoRockwell Collins (COL) Wins $142M Navy Deal for TCTS Inc II
finance.yahoo.com - March 29 at 10:50 AM
finance.yahoo.com logoAAR Corp (AIR) Unit Secures $909M Contract from Air Force
finance.yahoo.com - March 27 at 11:15 AM
finance.yahoo.com logoTop 5 Gainers from Trump's "America First" Budget Blueprint
finance.yahoo.com - March 21 at 9:05 AM
seekingalpha.com logoHEICO declares 5-for-4 stock split
seekingalpha.com - March 20 at 7:08 PM
reuters.com logoBRIEF-Heico Corp declares 5-for-4 stock split
www.reuters.com - March 20 at 7:08 PM
us.rd.yahoo.com logoHEICO Corporation Declares 5-for-4 Stock Split
us.rd.yahoo.com - March 20 at 7:08 PM
marketwatch.com logoHeico sets stock split after closing at a record high
www.marketwatch.com - March 20 at 7:08 PM
biz.yahoo.com logoHEICO CORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders
biz.yahoo.com - March 20 at 7:08 PM
finance.yahoo.com logodB Control Exhibits Ka-Band Traveling Wave Tube Amplifier for Electronic Warfare Simulation at Dixie Crow Symposium in Georgia
finance.yahoo.com - March 16 at 3:43 PM
prnewswire.com logoVaaS International Holdings, Inc., Adds David E. Janek as Senior Vice President and Chief Financial Officer
www.prnewswire.com - March 16 at 4:00 AM
americanbankingnews.com logoHeico Corp (HEI) Receives Consensus Recommendation of “Buy” from Brokerages
www.americanbankingnews.com - March 14 at 11:30 AM
bizjournals.com logoLocal aircrafts part maker inks deal to acquire European company
www.bizjournals.com - March 8 at 6:27 PM
finance.yahoo.com logo8:02 am HEICO to acquire 80.1% of the operating units of Air Cost Control, expects the acquisition to be accretive to its earnings within the first year following closing
finance.yahoo.com - March 8 at 6:27 PM
finance.yahoo.com logoHEICO CORP Financials
finance.yahoo.com - March 8 at 6:27 PM
streetinsider.com logoHEICO (HEI) PT Raised to $86 at Jefferies Following Strong F1Q17 Results; 'Guidance Raised on Better Top-Line' - StreetInsider.com
www.streetinsider.com - March 3 at 4:00 AM
fool.com logoHeico Corporation Reports Another Big Quarter - Motley Fool
www.fool.com - March 3 at 4:00 AM
biz.yahoo.com logoHEICO CORP Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - March 2 at 5:55 PM
marketwatch.com logoEMI Shielding Materials Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024
www.marketwatch.com - March 1 at 10:19 PM
us.rd.yahoo.com logoEdited Transcript of HEI earnings conference call or presentation 1-Mar-17 2:00pm GMT
us.rd.yahoo.com - March 1 at 10:19 PM

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Heico Corp (HEI) Chart for Monday, May, 22, 2017

This page was last updated on 5/22/2017 by MarketBeat.com Staff