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: $6.28 billion
  • Outstanding Shares: 84,318,000
Average Prices:
  • 50 Day Moving Avg: $71.51
  • 200 Day Moving Avg: $65.94
  • 52 Week Range: $50.43 - $75.17
P/E:
  • Trailing P/E Ratio: 37.02
  • Foreward P/E Ratio: 32.65
  • P/E Growth: 5.04
Sales & Book Value:
  • Annual Revenue: $1.43 billion
  • Price / Sales: 4.39
  • Book Value: $12.44 per share
  • Price / Book: 5.98
Dividend:
  • Annual Dividend: $0.18
  • Dividend Yield: 0.2%
Profitability:
  • EBIDTA: $352.83 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: 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?

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?

One share of Heico Corp stock can currently be purchased for approximately $74.45.


MarketBeat Community Rating for Heico Corp (NYSE HEI)
Community Ranking:  2.4 out of 5 ( )
Outperform Votes:  171 (Vote Outperform)
Underperform Votes:  183 (Vote Underperform)
Total Votes:  354
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.

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 (12.44% 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 5/29/2015 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
5/23/2017Q2 2017$0.50$0.53$368.78 million$368.70 millionViewN/AView Earnings Details
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: $2.22
2018 EPS Consensus Estimate: $2.34
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.53$0.59$0.56
Q2 20172$0.51$0.64$0.58
Q3 20172$0.49$0.55$0.52
Q4 20172$0.56$0.57$0.57
Q1 20181$0.51$0.51$0.51
Q2 20181$0.56$0.56$0.56
Q3 20181$0.61$0.61$0.61
Q4 20181$0.66$0.66$0.66
(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)
8.65% (Based on This Year's Estimates)
7.89% (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 logoEquities Analysts Issue Forecasts for Heico Corp's Q4 2017 Earnings (HEI)
www.americanbankingnews.com - May 29 at 7:56 AM
americanbankingnews.com logoFY2017 Earnings Forecast for Heico Corp (HEI) Issued By Gabelli
www.americanbankingnews.com - May 29 at 7:40 AM
americanbankingnews.com logoHeico Corp (HEI) Expected to Earn FY2020 Earnings of $3.00 Per Share
www.americanbankingnews.com - May 26 at 2:02 PM
americanbankingnews.com logoBrokers Set Expectations for Heico Corp's Q3 2017 Earnings (HEI)
www.americanbankingnews.com - May 26 at 8:26 AM
americanbankingnews.com logoAnalysts Offer Predictions for Heico Corp's Q3 2017 Earnings (HEI)
www.americanbankingnews.com - May 26 at 8:23 AM
reuters.com logoBRIEF-Heico Corp Q2 earnings per share $0.53 - Reuters
www.reuters.com - May 25 at 8:08 PM
fool.com logoHeico Corp Earnings Hit Record in Second Quarter - Motley Fool
www.fool.com - May 25 at 8:08 PM
seekingalpha.com logoHEICO's (HEI) CEO Laurans Mendelson on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - May 24 at 10:45 PM
finance.yahoo.com logoEdited Transcript of HEI earnings conference call or presentation 24-May-17 1:00pm GMT
finance.yahoo.com - May 24 at 10:45 PM
fool.com logoHeico Corp Earnings Hit Record in Second Quarter
www.fool.com - May 24 at 12:53 PM
americanbankingnews.com logoHeico Corp (HEI) Issues Quarterly Earnings Results
www.americanbankingnews.com - May 23 at 9:16 PM
prnewswire.com logoStenograph, L.L.C. Certified by the Women's Business Enterprise National Council
www.prnewswire.com - May 23 at 5:15 PM
streetinsider.com logoHeico Corp. (HEI) Tops Q2 EPS by 3c
www.streetinsider.com - May 23 at 5:15 PM
finance.yahoo.com logoHEICO Corporation Reports Record Net Income, Operating Income and Net Sales for the Second Quarter of Fiscal 2017; Full Fiscal Year 2017 Growth Estimates Raised in Net Sales, Net Income and Cash Flow
finance.yahoo.com - May 23 at 5:15 PM
finance.yahoo.com logoHeico beats 2Q profit forecasts
finance.yahoo.com - May 23 at 5:15 PM
finance.yahoo.com logoHEICO Recognized as the Top 2016-2017 Supplier by ALTA’s Airlines
finance.yahoo.com - May 23 at 11:35 AM
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

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Heico Corp (HEI) Chart for Monday, May, 29, 2017

This page was last updated on 5/29/2017 by MarketBeat.com Staff