Heico Corporation Company Profile (NYSE:HEI)

About Heico Corporation (NYSE:HEI)

Heico Corporation 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: Aircraft Parts Manufacturing
  • Sub-Industry: Aerospace & Defense
  • Symbol: NYSE:HEI
  • CUSIP: 42280610
  • Web: www.heico.com
Capitalization:
  • Market Cap: $7.53423 billion
  • Outstanding Shares: 84,455,000
Average Prices:
  • 50 Day Moving Avg: $84.62
  • 200 Day Moving Avg: $75.51
  • 52 Week Range: $52.56 - $89.27
P/E:
  • Trailing P/E Ratio: 43.69
  • Foreward P/E Ratio: 38.29
  • P/E Growth: 3.57
Sales & Book Value:
  • Annual Revenue: $1.47 billion
  • Price / Sales: 5.13
  • Book Value: $13.17 per share
  • Price / Book: 6.77
Dividend:
  • Annual Dividend: $0.16
  • Dividend Yield: 0.2%
Profitability:
  • EBIDTA: $360.17 million
  • Net Margins: 12.04%
  • Return on Equity: 15.56%
  • Return on Assets: 8.21%
Debt:
  • Debt-to-Equity Ratio: 0.36%
  • Current Ratio: 2.89%
  • Quick Ratio: 1.39%
Misc:
  • Average Volume: 211,988 shs.
  • Beta: 0.76
  • Short Ratio: 14.19
 

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. Investors of record on Wednesday, July 5th will be paid a dividend of $0.08 per share on Wednesday, July 19th. This represents a 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) released its earnings results on Wednesday, August, 23rd. The company reported $0.53 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.52 by $0.01. The firm earned $391.50 million during the quarter, compared to the consensus estimate of $390.55 million. Heico Corporation had a return on equity of 15.56% and a net margin of 12.04%. The company's revenue was up 9.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.62 EPS. View Heico Corporation's Earnings History.

When will Heico Corporation make its next earnings announcement?

Heico Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, December, 12th 2017. View Earnings Estimates for Heico Corporation.

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

8 equities research analysts have issued 12 month price objectives for Heico Corporation's shares. Their predictions range from $85.00 to $98.00. On average, they expect Heico Corporation's share price to reach $90.25 in the next twelve months. View Analyst Ratings for Heico Corporation.

Who are some of Heico Corporation's key competitors?

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 institutional and retail investors. Top institutional shareholders include Riverbridge Partners LLC (1.92%), Fisher Asset Management LLC (3.47%), PNC Financial Services Group Inc. (2.00%), Ardevora Asset Management LLP (1.55%), First Trust Advisors LP (0.50%) and Copeland Capital Management LLC (1.13%). View Institutional Ownership Trends for Heico Corporation.

Who sold Heico Corporation stock? Who is selling Heico Corporation stock?

Heico Corporation's stock was sold by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Cubist Systematic Strategies LLC and Bahl & Gaynor Inc.. View Insider Buying and Selling for Heico Corporation.

Who bought Heico Corporation stock? Who is buying Heico Corporation stock?

Heico Corporation's stock was bought by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC, Fisher Asset Management LLC, Ardevora Asset Management LLP, First Trust Advisors LP, Artemis Investment Management LLP, Artisan Partners Limited Partnership, Fred Alger Management Inc. and Copeland Capital Management LLC. 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?

One share of Heico Corporation stock can currently be purchased for approximately $89.21.


MarketBeat Community Rating for Heico Corporation (NYSE HEI)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  222 (Vote Outperform)
Underperform Votes:  230 (Vote Underperform)
Total Votes:  452
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.

Analyst Ratings

Consensus Ratings for Heico Corporation (NYSE:HEI) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 4 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $90.25 (1.17% upside)

Analysts' Ratings History for Heico Corporation (NYSE:HEI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/12/2017Seaport Global SecuritiesInitiated CoverageNeutral -> Neutral$90.00LowView Rating Details
8/29/2017Credit Suisse GroupReiterated RatingOutperform$85.00 -> $98.00MediumView Rating Details
8/29/2017Bank of America CorporationUpgradeNeutral -> Buy$75.00 -> $95.00MediumView Rating Details
8/24/2017Jefferies Group LLCReiterated RatingHold -> Hold$75.00 -> $89.00HighView Rating Details
8/23/2017Canaccord GenuityBoost Price TargetBuy$91.00 -> $92.00HighView Rating Details
8/16/2017Deutsche Bank AGDowngradeBuy -> Hold$80.00 -> $86.00HighView Rating Details
4/13/2017StephensInitiated CoverageEqual Weight$87.00MediumView Rating Details
1/19/2017SunTrust Banks, Inc.Initiated CoverageBuy$85.00N/AView Rating Details
9/20/2016GabelliReiterated RatingHoldN/AView Rating Details
(Data available from 9/22/2015 forward)

Earnings

Earnings History for Heico Corporation (NYSE:HEI)
Earnings by Quarter for Heico Corporation (NYSE:HEI)
Earnings History by Quarter for Heico Corporation (NYSE HEI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
12/11/2017$0.57N/AView Earnings Details
8/23/2017Q3 2017$0.52$0.53$390.55 million$391.50 millionViewN/AView Earnings Details
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 Corporation (NYSE:HEI)
2017 EPS Consensus Estimate: $2.25
2018 EPS Consensus Estimate: $2.38
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 20173$0.58$0.61$0.59
Q1 20182$0.50$0.52$0.51
Q2 20182$0.57$0.60$0.59
Q3 20182$0.61$0.61$0.61
Q4 20182$0.67$0.68$0.68
Q1 20191$0.54$0.54$0.54
Q2 20191$0.64$0.64$0.64
Q3 20191$0.65$0.65$0.65
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Heico Corporation (NYSE:HEI)
Most Recent Dividend:7/19/2017
Annual Dividend:$0.16
Dividend Yield:0.18%
Dividend Growth:41.90% (3 Year Average)
Payout Ratio:7.80% (Trailing 12 Months of Earnings)
7.58% (Based on This Year's Estimates)
6.87% (Based on Next Year's Estimates)
Track Record:7 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Heico Corporation (NYSE:HEI)

Dividend History by Quarter for Heico Corporation (NYSE HEI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
6/14/2017semiannual$0.080.22%6/30/20177/5/20177/19/2017
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 Corporation (NYSE:HEI)
Insider Ownership Percentage: 9.76%
Institutional Ownership Percentage: 26.41%
Insider Trades by Quarter for Heico Corporation (NYSE:HEI)
Institutional Ownership by Quarter for Heico Corporation (NYSE:HEI)
Insider Trades by Quarter for Heico Corporation (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 Corporation (NYSE:HEI)
Latest Headlines for Heico Corporation (NYSE:HEI)
Source:
DateHeadline
americanbankingnews.com logoZacks Investment Research Upgrades Heico Corporation (HEI) to Buy
www.americanbankingnews.com - September 21 at 9:32 PM
americanbankingnews.com logoHeico Corp (HEI) Downgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - September 18 at 7:00 PM
americanbankingnews.com logoHeico Corporation (HEI) Upgraded to Buy at Zacks Investment Research
www.americanbankingnews.com - September 14 at 11:40 PM
americanbankingnews.com logoAnalysts Issue Forecasts for Heico Corporation's FY2017 Earnings (HEI)
www.americanbankingnews.com - September 14 at 7:42 AM
finance.yahoo.com logoEarnings Review and Free Research Report: HEICO's Sales Jumped 10%; Net Income Gained 9%
finance.yahoo.com - September 12 at 10:35 PM
americanbankingnews.com logoHeico Corporation (HEI) Now Covered by Seaport Global Securities
www.americanbankingnews.com - September 12 at 9:24 AM
americanbankingnews.com logoHeico Corporation (HEI) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - September 9 at 2:50 PM
americanbankingnews.com logoHeico Corporation (HEI) Downgraded by Zacks Investment Research
www.americanbankingnews.com - September 9 at 9:30 AM
americanbankingnews.com logoHeico Corporation (HEI) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - September 6 at 11:38 PM
finance.yahoo.com logoETFs with exposure to HEICO Corp. : August 31, 2017
finance.yahoo.com - August 31 at 7:22 PM
americanbankingnews.com logoHeico Corporation (HEI) Downgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - August 30 at 9:58 PM
seekingalpha.com logoHeico seen as big beneficiary of air traffic growth, raised to Buy at BofA Merrill
seekingalpha.com - August 30 at 12:59 AM
americanbankingnews.com logoHeico Corporation (HEI) Earns "Outperform" Rating from Credit Suisse Group
www.americanbankingnews.com - August 29 at 11:58 PM
finance.yahoo.com logoHeico Seen As Big Beneficiary Of Above Average Air Traffic Growth
finance.yahoo.com - August 29 at 7:58 PM
finance.yahoo.com logoHEICO Corp. :HEI-US: Earnings Analysis: Q3, 2017 By the Numbers : August 28, 2017
finance.yahoo.com - August 28 at 7:03 PM
americanbankingnews.com logoQ4 2017 EPS Estimates for Heico Corporation Increased by Analyst (HEI)
www.americanbankingnews.com - August 28 at 3:58 AM
americanbankingnews.com logoBidaskClub Downgrades Heico Corporation (HEI) to Hold
www.americanbankingnews.com - August 27 at 7:26 PM
americanbankingnews.com logoHeico Corporation's (HEI) "Hold" Rating Reiterated at Jefferies Group LLC
www.americanbankingnews.com - August 27 at 4:22 PM
seekingalpha.com logoHEICO's (HEI) CEO Laurans Mendelson on Q3 2017 Results - Earnings Call Transcript
seekingalpha.com - August 26 at 5:21 AM
americanbankingnews.com logoEquities Analysts Set Expectations for Heico Corporation's FY2017 Earnings (HEI)
www.americanbankingnews.com - August 25 at 9:18 AM
americanbankingnews.com logoJefferies Group Weighs in on Heico Corporation's FY2017 Earnings (HEI)
www.americanbankingnews.com - August 25 at 9:18 AM
News IconBRIEF-HEICO ‍reports Q3 earnings per share of $0.53
www.businessinsider.com - August 25 at 6:37 AM
finance.yahoo.com logoEdited Transcript of HEI earnings conference call or presentation 24-Aug-17 1:00pm GMT
finance.yahoo.com - August 25 at 6:37 AM
finance.yahoo.com logoHEICO Corporation Reports Record Net Income and Net Sales for the Third Quarter of Fiscal 2017; Full Fiscal Year 2017 Net Income and Net Sales Growth Estimates Raised
finance.yahoo.com - August 24 at 7:25 AM
finance.yahoo.com logoHeico beats 3Q profit forecasts
finance.yahoo.com - August 24 at 7:25 AM
americanbankingnews.com logoHeico Corporation (HEI) Downgraded by Zacks Investment Research to Hold
www.americanbankingnews.com - August 23 at 10:22 PM
americanbankingnews.com logoHeico Corporation (HEI) Stock Rating Reaffirmed by Canaccord Genuity
www.americanbankingnews.com - August 23 at 9:42 PM
americanbankingnews.com logoHeico Corporation (HEI) Posts Quarterly Earnings Results, Meets Expectations
www.americanbankingnews.com - August 23 at 7:16 PM
businesswire.com logoHEICO Subsidiary Supplies Infrared Camera on Airborne Eclipse ... - Business Wire (press release)
www.businesswire.com - August 23 at 12:56 AM
businesswire.com logoHEICO Subsidiary Supplies Infrared Camera on Airborne Eclipse Lab
www.businesswire.com - August 22 at 7:54 PM
americanbankingnews.com logoHeico Corporation (HEI) Downgraded to Buy at BidaskClub
www.americanbankingnews.com - August 19 at 11:06 AM
finance.yahoo.com logoHeico Corp. to buy California company in its largest-ever acquisition
finance.yahoo.com - August 18 at 7:15 PM
finance.yahoo.com logoHEICO Corp. : HEI-US: Dividend Analysis : July 05th, 2017 (record date) : By the numbers : August 18, 2017
finance.yahoo.com - August 18 at 7:15 PM
seekingalpha.com logoDeutsche cuts Heico to Hold - Seeking Alpha
seekingalpha.com - August 18 at 3:43 AM
finance.yahoo.com logoExpectations Too High For HEICO, Deutsche Bank Downgrades
finance.yahoo.com - August 18 at 3:43 AM
americanbankingnews.com logoHeico Corporation (HEI) Downgraded by Deutsche Bank AG
www.americanbankingnews.com - August 16 at 9:34 PM
americanbankingnews.com logoHeico Corporation (HEI) to Release Earnings on Wednesday
www.americanbankingnews.com - August 16 at 2:08 AM
americanbankingnews.com logoHeico Corporation (HEI) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - August 15 at 6:32 PM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Heico Corp.
finance.yahoo.com - August 11 at 1:53 AM
americanbankingnews.com logo$392.48 Million in Sales Expected for Heico Corporation (NYSE:HEI) This Quarter
www.americanbankingnews.com - August 5 at 7:09 AM
americanbankingnews.com logo Brokerages Expect Heico Corporation (HEI) Will Announce Earnings of $0.52 Per Share
www.americanbankingnews.com - August 3 at 4:14 PM
prnewswire.com logoEMI Shielding Materials - Global Market Outlook (2017-2023)
www.prnewswire.com - August 2 at 7:57 PM
americanbankingnews.com logoSpirit Aerosystems Holdings (SPR) & Heico Corporation (NYSE:HEI) Critical Contrast
www.americanbankingnews.com - July 24 at 6:04 PM
americanbankingnews.com logoHeico Corporation (NYSE:HEI) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - July 21 at 6:50 PM
finance.yahoo.com logoStocks With Rising Relative Strength: Lockheed Martin
finance.yahoo.com - July 20 at 10:40 PM
americanbankingnews.com logoComparing Heico Corporation (NYSE:HEI) & LMI Aerospace (LMIA)
www.americanbankingnews.com - July 20 at 5:20 PM
finance.yahoo.com logoStocks With Rising Relative Strength: Transdigm
finance.yahoo.com - July 17 at 11:52 PM
businesswire.com logoHEICO CEO Laurans A. Mendelson Named to French Legion of ... - Business Wire (press release)
www.businesswire.com - July 15 at 4:50 AM
americanbankingnews.com logo$392.48 Million in Sales Expected for Heico Corporation (HEI) This Quarter
www.americanbankingnews.com - July 14 at 2:06 PM
nasdaq.com logoHere's Why You Should Add TransDigm (TDG) to Your Portfolio
www.nasdaq.com - July 14 at 1:39 AM

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Heico Corporation (HEI) Chart for Friday, September, 22, 2017

This page was last updated on 9/22/2017 by MarketBeat.com Staff