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: Aircraft Parts Manufacturing - NEC
- Sub-Industry: Aerospace & Defense
- Symbol: NYSE:HEI
- CUSIP: 42280610
- Web: www.heico.com
- Market Cap: $6.53372 billion
- Outstanding Shares: 84,318,000
- 50 Day Moving Avg: $74.03
- 200 Day Moving Avg: $69.23
- 52 Week Range: $52.29 - $78.11
Sales & Book Value:
- Trailing P/E Ratio: 38.53
- Foreward P/E Ratio: 34.29
- P/E Growth: 5.12
- Annual Revenue: $1.43 billion
- Price / Sales: 4.57
- Book Value: $12.44 per share
- Price / Book: 6.23
- Annual Dividend: $0.16
- Dividend Yield: 0.2%
- EBIDTA: $352.83 million
- Net Margins: 12.08%
- Return on Equity: 15.89%
- Return on Assets: 8.24%
- Debt-to-Equity Ratio: 0.40%
- Current Ratio: 2.97%
- Quick Ratio: 1.43%
- Average Volume: 170,135 shs.
- Beta: 0.74
- Short Ratio: 14.86
Frequently Asked Questions for Heico Corporation (NYSE:HEI)
What is Heico Corporation's stock symbol?
Heico Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "HEI."
How often does Heico Corporation pay dividends? What is the dividend yield for Heico Corporation?
Heico Corporation declared a semiannual dividend on Wednesday, June 14th. Stockholders of record on Wednesday, July 5th will be paid a dividend of $0.08 per share on Wednesday, July 19th. This represents a dividend yield of 0.22%. The ex-dividend date is Friday, June 30th. This is a boost from Heico Corporation's previous semiannual dividend of $0.07. View Heico Corporation's Dividend History.
How were Heico Corporation's earnings last quarter?
Heico Corporation (NYSE:HEI) posted its quarterly earnings results on Tuesday, May, 23rd. The company reported $0.53 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.50 by $0.03. The firm had revenue of $368.70 million for the quarter, compared to the consensus estimate of $368.78 million. Heico Corporation had a return on equity of 15.89% and a net margin of 12.08%. The business's revenue for the quarter was up 5.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.57 earnings per share. View Heico Corporation's Earnings History.
When will Heico Corporation make its next earnings announcement?
Where is Heico Corporation's stock going? Where will Heico Corporation's stock price be in 2017?
8 analysts have issued 12 month price objectives for Heico Corporation's stock. Their predictions range from $75.00 to $100.00. On average, they expect Heico Corporation's stock price to reach $84.00 in the next year. View Analyst Ratings for Heico Corporation.
What are analysts saying about Heico Corporation stock?
Here are some recent quotes from research analysts about Heico Corporation 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. " (6/27/2017)
- 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 Corporation's key competitors?
Some companies that are related to Heico Corporation include Textron (TXT), Huntington Ingalls Industries (HII), Leidos Holdings (LDOS), MTU Aero Engines AG (MTUAY), Spirit Aerosystems Holdings (SPR), Orbital ATK (OA), Elbit Systems (ESLT), FLIR Systems (FLIR), Hexcel Corporation (HXL), Teledyne Technologies Incorporated (TDY), CAE (CAE), Curtiss-Wright Corporation (CW), Embraer-Empresa Brasileira de Aeronautica (ERJ), Esterline Technologies Corporation (ESL), KLX (KLXI), Moog (MOG.A), Aerojet Rocketdyne Holdings (AJRD) and Triumph Group (TGI).
Who are Heico Corporation's key executives?
Heico Corporation'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 Corporation stock?
Heico Corporation's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Riverbridge Partners LLC (1.92%), Fisher Asset Management LLC (3.47%), Ardevora Asset Management LLP (1.55%), Copeland Capital Management LLC (1.13%), Bath Savings Trust Co (0.02%) and KAMES CAPITAL plc (0.02%). Company insiders that own Heico Corporation stock include Frank J Schwitter, Laurans A Mendelson, Victor H Mendelson and William S Harlow. View Institutional Ownership Trends for Heico Corporation.
Who bought Heico Corporation stock? Who is buying Heico Corporation stock?
Heico Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC, Fisher Asset Management LLC, Ardevora Asset Management LLP, Copeland Capital Management LLC, Independence Advisors LLC, Concorde Asset Management LLC, Bath Savings Trust Co and KAMES CAPITAL plc. Company insiders that have bought Heico Corporation stock in the last two years include Frank J Schwitter, Laurans A Mendelson and Victor H Mendelson. View Insider Buying and Selling for Heico Corporation.
How do I buy Heico Corporation stock?
Shares of Heico Corporation 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 Corporation's stock price today?
MarketBeat Community Rating for Heico Corporation (NYSE HEI)MarketBeat's community ratings are surveys of what our community members think about Heico Corporation 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 Corporation stock can currently be purchased for approximately $77.49.
Consensus Ratings for Heico Corporation (NYSE:HEI) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus 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 will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||4 Hold Ratings, 4 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.50)|
|Consensus Price Target: ||$84.00 (8.40% upside)|
Analysts' Ratings History for Heico Corporation (NYSE:HEI)
(Data available from 7/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|6/26/2017||Jefferies Group LLC||Reiterated Rating||Hold||$75.00||Low|
|5/22/2017||Canaccord Genuity||Reiterated Rating||Buy||$80.00||Low|
|4/13/2017||Stephens||Initiated Coverage||Equal Weight||$87.00||Medium|
|4/12/2017||Deutsche Bank AG||Reiterated Rating||Buy||$100.00||Low|
|1/19/2017||SunTrust Banks, Inc.||Initiated Coverage||Buy||$85.00||N/A|
|12/15/2016||Credit Suisse Group||Upgrade||Neutral -> Outperform||$68.00 -> $86.00||N/A|
|8/30/2016||Bank of America Corporation||Downgrade||Buy -> Neutral||$75.00||N/A|
|8/27/2015||Raymond James Financial, Inc.||Lower Price Target||$67.00 -> $64.00||N/A|
Earnings History for Heico Corporation (NYSE:HEI)Earnings History by Quarter for Heico Corporation (NYSE HEI)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/22/2017|| || || || || || || || |
|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 Corporation (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 Corporation (NYSE:HEI)
|Most Recent Dividend:||7/19/2017|
|Dividend Growth:||41.90% (3 Year Average)|
|Payout Ratio:||7.93% (Trailing 12 Months of Earnings) |
7.73% (Based on This Year's Estimates)
7.08% (Based on Next Year's Estimates)
|Track Record:||7 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Heico Corporation (NYSE HEI)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Headline Trends for Heico Corporation (NYSE:HEI)
Latest Headlines for Heico Corporation (NYSE:HEI)
|Heico Corporation (NYSE:HEI) Given Average Recommendation of "Buy" by Brokerages|
www.americanbankingnews.com - July 21 at 6:50 PM
|Stocks With Rising Relative Strength: Lockheed Martin|
finance.yahoo.com - July 20 at 10:40 PM
|Comparing Heico Corporation (NYSE:HEI) & LMI Aerospace (LMIA)|
www.americanbankingnews.com - July 20 at 5:20 PM
|Stocks With Rising Relative Strength: Transdigm|
finance.yahoo.com - July 17 at 11:52 PM
|HEICO CEO Laurans A. Mendelson Named to French Legion of ... - Business Wire (press release)|
www.businesswire.com - July 15 at 4:50 AM
|$392.48 Million in Sales Expected for Heico Corporation (HEI) This Quarter|
www.americanbankingnews.com - July 14 at 2:06 PM
|Here's Why You Should Add TransDigm (TDG) to Your Portfolio|
www.nasdaq.com - July 14 at 1:39 AM
|3 Under-the-Radar Defense Plays|
finance.yahoo.com - July 13 at 4:03 PM
|Zacks: Brokerages Anticipate Heico Corporation (NYSE:HEI) Will Post Earnings of $0.52 Per Share|
www.americanbankingnews.com - July 12 at 10:16 AM
|A Dad And His Two Boys Make HEICO A Buy - Seeking Alpha|
seekingalpha.com - July 9 at 6:22 PM
|HEICO Corp. – Value Analysis (NYSE:HEI) : July 5, 2017|
finance.yahoo.com - July 5 at 8:00 PM
|HEICO Corp. breached its 50 day moving average in a Bullish Manner : HEI-US : July 4, 2017|
finance.yahoo.com - July 5 at 7:57 AM
|Heico Corporation (HEI) Upgraded to "Buy" at Zacks Investment Research|
www.americanbankingnews.com - June 28 at 12:04 AM
|Heico Corporation (HEI) Given Hold Rating at Jefferies Group LLC|
www.americanbankingnews.com - June 26 at 7:34 PM
|Heico Corporation (HEI) Given Average Rating of "Hold" by Brokerages|
www.americanbankingnews.com - June 26 at 6:49 PM
|Contrasting Curtiss-Wright Corporation (CW) and Heico Corporation (HEI)|
www.americanbankingnews.com - June 22 at 6:43 PM
|HEICO Corp. breached its 50 day moving average in a Bearish Manner : HEI-US : June 21, 2017|
finance.yahoo.com - June 21 at 7:18 PM
|Heico Corp. (HEI) Announces Acquisition of Carbon by Design ... - StreetInsider.com|
www.streetinsider.com - June 21 at 4:30 AM
|Analyzing Heico Corporation (HEI) & Ducommun (DCO)|
www.americanbankingnews.com - June 21 at 12:22 AM
|8 Dividend Companies Increasing Dividend Payouts And Returns To Investors|
seekingalpha.com - June 20 at 6:29 PM
|Heico Corp. (HEI) Announces Acquisition of Carbon by Design; Terms Not Disclosed|
www.streetinsider.com - June 20 at 6:29 PM
|BRIEF-Heico Corp acquires composites manufacturer Carbon by Design|
www.reuters.com - June 20 at 6:29 PM
|HEICO Acquires Innovative Composites Manufacturer|
finance.yahoo.com - June 20 at 6:29 PM
|Zacks: Analysts Anticipate Heico Corporation (HEI) Will Post Earnings of $0.52 Per Share|
www.americanbankingnews.com - June 16 at 10:18 AM
|Defense Giant, Still In Buy Zone, Flexes Relative Strength|
finance.yahoo.com - June 15 at 7:53 PM
|Heico Corporation (HEI) Raises Dividend to $0.08 Per Share|
www.americanbankingnews.com - June 14 at 6:44 PM
|HEICO Corporation Increases Semi-Annual Cash Dividend by 11 Percent - Business Wire (press release)|
www.businesswire.com - June 13 at 5:27 PM
|BRIEF-Heico Corporation increases semi-annual cash dividend by 11 percent - Reuters|
www.reuters.com - June 13 at 5:27 PM
|HEICO Corporation Increases Semi-Annual Cash Dividend by 11 Percent|
finance.yahoo.com - June 13 at 11:04 AM
|Heico Corporation (HEI) Cut to "Hold" at Zacks Investment Research|
www.americanbankingnews.com - June 13 at 10:04 AM
|ETFs with exposure to HEICO Corp. : June 12, 2017|
finance.yahoo.com - June 12 at 6:25 PM
|Head to Head Review: Heico Corporation (HEI) versus BWX Technologies (BWXT)|
www.americanbankingnews.com - June 12 at 6:18 PM
|Orbital ATK Well Poised on New Orders amid Stiff Competition|
www.nasdaq.com - June 9 at 6:03 PM
|Heico Corp (HEI) Upgraded to Buy by Zacks Investment Research|
www.americanbankingnews.com - June 8 at 12:58 AM
|Zacks Investment Research Downgrades Heico Corp (HEI) to Hold|
www.americanbankingnews.com - June 6 at 11:02 PM
|VPT Expands its VXR High-Reliability Line|
finance.yahoo.com - June 6 at 6:06 PM
|Zacks.com featured highlights: Ulta Beauty, Intuit, Heico, Morgan Stanley and Ingersoll-Rand|
finance.yahoo.com - May 31 at 5:35 PM
|Heico Corp (HEI) Raised to "Buy" at Zacks Investment Research|
www.americanbankingnews.com - May 31 at 12:02 AM
|Heico Corp (HEI) Given Average Rating of "Hold" by Analysts|
www.americanbankingnews.com - May 30 at 6:36 PM
|ETFs with exposure to HEICO Corp. : May 30, 2017|
finance.yahoo.com - May 30 at 5:32 PM
|HEICO Corp. :HEI-US: Earnings Analysis: Q2, 2017 By the Numbers : May 29, 2017|
finance.yahoo.com - May 29 at 5:27 PM
|Equities Analysts Issue Forecasts for Heico Corp's Q4 2017 Earnings (HEI)|
www.americanbankingnews.com - May 29 at 7:56 AM
|FY2017 Earnings Forecast for Heico Corp (HEI) Issued By Gabelli|
www.americanbankingnews.com - May 29 at 7:40 AM
|Heico Corp (HEI) Expected to Earn FY2020 Earnings of $3.00 Per Share|
www.americanbankingnews.com - May 26 at 2:02 PM
|Brokers Set Expectations for Heico Corp's Q3 2017 Earnings (HEI)|
www.americanbankingnews.com - May 26 at 8:26 AM
|Analysts Offer Predictions for Heico Corp's Q3 2017 Earnings (HEI)|
www.americanbankingnews.com - May 26 at 8:23 AM
|BRIEF-Heico Corp Q2 earnings per share $0.53 - Reuters|
www.reuters.com - May 25 at 8:08 PM
|Heico Corp Earnings Hit Record in Second Quarter - Motley Fool|
www.fool.com - May 25 at 8:08 PM
|HEICO's (HEI) CEO Laurans Mendelson on Q2 2017 Results - Earnings Call Transcript|
seekingalpha.com - May 24 at 10:45 PM
|Edited Transcript of HEI earnings conference call or presentation 24-May-17 1:00pm GMT|
finance.yahoo.com - May 24 at 10:45 PM
Heico Corporation (HEI) Chart for Monday, July, 24, 2017