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:
- Sector: Aerospace
- Industry: Aerospace/Defense Products & Services
- Sub-Industry: Aerospace & Defense
- Symbol: NYSE:HEI
- CUSIP: 42280610
- Web: www.heico.com
- Market Cap: $6.28 billion
- Outstanding Shares: 84,318,000
- 50 Day Moving Avg: $71.51
- 200 Day Moving Avg: $65.94
- 52 Week Range: $50.43 - $75.17
Sales & Book Value:
- Trailing P/E Ratio: 37.02
- Foreward P/E Ratio: 32.65
- P/E Growth: 5.04
- Annual Revenue: $1.43 billion
- Price / Sales: 4.39
- Book Value: $12.44 per share
- Price / Book: 5.98
- Annual Dividend: $0.18
- Dividend Yield: 0.2%
- EBIDTA: $352.83 million
- Net Margins: 11.35%
- Return on Equity: 15.97%
- Return on Assets: 7.85%
- Debt-to-Equity Ratio: 0.44%
- Current Ratio: 2.72%
- Quick Ratio: 1.39%
- Average Volume: 167,095 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. Investors of record on Wednesday, January 4th will be paid 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) issued its quarterly earnings data on Tuesday, May, 23rd. The company reported $0.53 EPS for the quarter, beating analysts' consensus estimates of $0.50 by $0.03. The business earned $368.70 million during the quarter, compared to analysts' expectations of $368.78 million. Heico Corp had a return on equity of 15.97% and a net margin of 11.35%. The company's revenue for the quarter was up 5.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.57 EPS. View Heico Corp's Earnings History.
Where is Heico Corp's stock going? Where will Heico Corp's stock price be in 2017?
8 analysts have issued 1 year target prices for Heico Corp's stock. Their predictions range from $73.00 to $100.00. On average, they anticipate Heico Corp's stock 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?
Some companies that are related to Heico Corp include Huntington Ingalls Industries (HII), Spirit AeroSystems Holdings (SPR), Orbital ATK (OA), Elbit Systems Ltd (ESLT), BWX Technologies (BWXT), Hexcel (HXL), Cae (CAE), Woodward (WWD), Esterline Technologies (ESL), KLX (KLXI), DigitalGlobe (DGI), Triumph Group (TGI), Axon Enterprise (AAXN), Kaman (KAMN), American Outdoor Brands Corp (AOBC), AAR Corp. (AIR), Sturm Ruger & Company (RGR) and Astronics (ATRO).
Who are Heico Corp's key executives?
Heico Corp's management team includes the folowing people:
- Laurans A. Mendelson, Chairman of the Board, Chief Executive Officer
- Eric A. Mendelson, Co-President, Director; President & CEO of HEICO Flight Support Corp.
- Victor H. Mendelson, Co-President, Director; President & CEO of HEICO Electronic Technologies Corp.
- Carlos L. Macau Jr., Chief Financial Officer, Executive Vice President, Treasurer
- Thomas S. Irwin, Senior Executive Vice President
- Steven M. Walker, Chief Accounting Officer, Assistant Treasurer
- Thomas M. Culligan, Independent Director
- Adolfo Henriques, Independent Director
- Mark H. Hildebrandt, Independent Director
- Wolfgang Mayrhuber, Independent Director
Who owns Heico Corp stock?
Heico Corp's stock is owned by many different 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.
What is Heico Corp's stock price today?
MarketBeat Community Rating for Heico Corp (NYSE HEI)MarketBeat's community ratings are surveys of what our community members think about Heico Corp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Heico Corp stock can currently be purchased for approximately $74.45.
Earnings History for Heico Corp (NYSE:HEI)Earnings History by Quarter for Heico Corp (NYSE HEI)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/23/2017||Q2 2017||$0.50||$0.53||$368.78 million||$368.70 million||View||N/A|
|2/28/2017||Q1 2017||$0.56||$0.56||$339.29 million||$343.40 million||View||N/A|
|12/13/2016||Q416||$0.62||$0.65||$371.90 million||$363.30 million||View||N/A|
|8/24/2016||Q3||$0.59||$0.62||$356.35 million||$356.10 million||View||N/A|
|5/25/2016||Q2||$0.56||$0.57||$291.40 million||$350.30 million||View||N/A|
|2/25/2016||Q1||$0.48||$0.49||$299.14 million||$306.23 million||View||N/A|
|12/15/2015||Q415||$0.53||$0.56||$321.93 million||$328.67 million||View||Listen|
|8/25/2015||Q315||$0.52||$0.51||$321.89 million||$300.37 million||View||Listen|
|5/19/2015||Q215||$0.45||$0.49||$1.29 billion||$291.40 billion||View||N/A|
|2/24/2015||Q115||$0.45||$0.41||$286.39 million||$268.20 million||View||N/A|
|12/16/2014||Q414||$0.44||$0.48||$305.11 million||$292.22 million||View||N/A|
|8/26/2014||Q314||$0.44||$0.49||$296.43 million||$291.00 million||View||N/A|
|5/20/2014||Q214||$0.40||$0.42||$276.85 million||$282.23 million||View||N/A|
|2/25/2014||Q114||$0.35||$0.41||$251.54 million||$266.83 million||View||N/A|
|12/17/2013||Q4||$0.41||$0.44||$273.43 million||$287.42 million||View||N/A|
|8/27/2013||Q3 2013||$0.47||$0.54||$252.99 million||$267.10 million||View||N/A|
|5/22/2013||Q2 2013||$0.40||$0.44||$229.22 million||$237.71 million||View||N/A|
|2/20/2013||Q1 2013||$0.40||$0.37||$227.65 million||$216.49 million||View||N/A|
|12/18/2012||Q4 2012||$0.44||$0.45||$237.38 million||$242.40 million||View||N/A|
|8/22/2012||Q312||$0.41||$0.43||$232.25 million||$226.00 million||View||N/A|
|12/15/2010||$0.40||$0.46||$156.98 million||$169.40 million||View||N/A|
Earnings Estimates for Heico Corp (NYSE:HEI)
2017 EPS Consensus Estimate: $2.22
2018 EPS Consensus Estimate: $2.34
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Heico Corp (NYSE:HEI)
|Most Recent Dividend:||1/18/2017|
|Dividend Growth:||41.90% (3 Year Average)|
|Payout Ratio:||7.83% (Trailing 12 Months of Earnings) |
8.65% (Based on This Year's Estimates)
7.89% (Based on Next Year's Estimates)
|Track Record:||7 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Heico Corp (NYSE HEI)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Headline Trends for Heico Corp (NYSE:HEI)
Latest Headlines for Heico Corp (NYSE:HEI)
Heico Corp (HEI) Chart for Monday, May, 29, 2017