NYSE:HEI - Heico Stock Price, News, & Analysis

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$78.00 +0.99 (+1.29 %)
(As of 08/17/2018 04:00 PM ET)
Previous Close$78.00
Today's Range$76.61 - $78.15
52-Week Range$51.62 - $78.58
Volume234,614 shs
Average Volume361,415 shs
Market Capitalization$10.23 billion
P/E Ratio57.78
Dividend Yield0.16%
Beta0.62
Heico logoHEICO Corporation, through its subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic related products and services in the United States and internationally. The company's Flight Support Group segment provides jet engine and aircraft component replacement parts; thermal insulation blankets and parts; renewable/reusable insulation systems; and specialty components for aerospace and industrial original equipment manufacturers, and the United States government. This segment also distributes hydraulic, pneumatic, structural, mechanical, and electro-mechanical components for the commercial, regional, and general aviation markets; and offers repair and overhaul services for jet engine and aircraft component parts, avionics, instruments, composites, and flight surfaces of commercial airlines, as well as for avionics and navigation systems, subcomponents, and other instruments utilized on military aircraft. Its Electronic Technologies Group segment provides electro-optical infrared simulation and test equipment; electro-optical laser products; electro-optical, microwave, and other power equipment; electromagnetic and radio interference shielding; high-speed interface products; high voltage interconnection devices; high voltage advanced power electronics; power conversion products; and underwater locator beacons. This segment also offers traveling wave tube amplifiers and microwave power modules; three-dimensional microelectronic and stacked memory products; harsh environment connectivity products and custom molded cable assemblies; radio frequency and microwave amplifiers, transmitters, and receivers; and high performance communications and electronic intercept receivers and tuners. The company serves the U.S. and foreign military agencies; prime defense contractors; and commercial and defense satellite and spacecraft equipment manufacturers. HEICO Corporation was founded in 1949 and is headquartered in Hollywood, Florida.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Aircraft engines & engine parts
Sub-IndustryAerospace & Defense
SectorAerospace
SymbolNYSE:HEI
CUSIP42280610
Phone954-987-4000

Debt

Debt-to-Equity Ratio0.50
Current Ratio3.02
Quick Ratio1.36

Price-To-Earnings

Trailing P/E Ratio57.78
Forward P/E Ratio42.39
P/E Growth3.45

Sales & Book Value

Annual Sales$1.52 billion
Price / Sales6.79
Cash Flow$1.9048 per share
Price / Cash40.95
Book Value$9.46 per share
Price / Book8.25

Profitability

EPS (Most Recent Fiscal Year)$1.35
Net Income$185.98 million
Net Margins13.60%
Return on Equity15.22%
Return on Assets7.88%

Miscellaneous

Employees5,100
Outstanding Shares132,830,000
Market Cap$10.23 billion

Heico (NYSE:HEI) Frequently Asked Questions

What is Heico's stock symbol?

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

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

Heico declared a Semi-Annual dividend on Tuesday, June 12th. Investors of record on Wednesday, July 11th will be paid a dividend of $0.06 per share on Thursday, July 19th. The ex-dividend date is Tuesday, July 10th. View Heico's Dividend History.

When did Heico's stock split? How did Heico's stock split work?

Heico's stock split before market open on Thursday, June 28th 2018. The 5-4 split was announced on Tuesday, June 12th 2018. The newly created shares were issued to shareholders after the closing bell on Wednesday, June 27th 2018. An investor that had 100 shares of Heico stock prior to the split would have 125 shares after the split.

How were Heico's earnings last quarter?

Heico Corp (NYSE:HEI) announced its quarterly earnings results on Tuesday, May, 29th. The aerospace company reported $0.44 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.42 by $0.02. The aerospace company earned $430.60 million during the quarter, compared to analyst estimates of $426.47 million. Heico had a net margin of 13.60% and a return on equity of 15.22%. The company's revenue for the quarter was up 16.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.42 EPS. View Heico's Earnings History.

When is Heico's next earnings date?

Heico is scheduled to release their next quarterly earnings announcement on Monday, August, 27th 2018. View Earnings Estimates for Heico.

What price target have analysts set for HEI?

9 brokerages have issued 1-year price objectives for Heico's shares. Their predictions range from $57.60 to $84.00. On average, they expect Heico's stock price to reach $75.0711 in the next twelve months. This suggests that the stock has a possible downside of 3.8%. View Analyst Price Targets for Heico.

What is the consensus analysts' recommendation for Heico?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Heico in the last year. There are currently 4 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Heico.

What are Wall Street analysts saying about Heico stock?

Here are some recent quotes from research analysts about Heico stock:
  • 1. According to Zacks Investment Research, "HEICO Corp. outperformed the industry in the last year. Increased demand for new products ranging from aftermarket replacement parts to repair and overhaul parts as well as services product lines has been fueling organic growth. Its operational performance also exhibits solid inorganic growth history, thanks to the disciplined acquisition strategy followed by the company. It also exhibits a solid financial flexibility. Further, it's strong balance sheet and cash flows provide financial flexibility in matters of incremental dividend and earnings accretive acquisitions. However, intense competition from existing and new competitors in a fragmented marketplace may harm its business operations. The company is also subject to interest rate risk, in connection with the issuance of debt. Thus a material rise in long-term interest rates is a key risk for capital intensive stocks like HEICO Corp." (7/30/2018)
  • 2. Canaccord Genuity analysts commented, "We maintain our Neutral rating and $23 PT post the print. HP Inc. posted strong performance for the quarter as all product segments and regions outperformed. However, since a greater portion of revenue upside came from PSG, organic benefit to EPS was relatively muted. Management indicated that its supplies business will experience growth rate deceleration in FY19 as the acquired portfolio experiences declining attach rates. The company raised its outlook due to some organic outperformance as well as lowered taxes. We think gains from here on out will likely be more muted." (2/23/2018)
  • 3. Jefferies Financial Group Inc analysts commented, "MaxLinear reported 4Q17 revenue that was in line with guidance while NG EPS beat by a penny. However, 1Q18 revenue guidance came in lower than our forecast reflecting headwinds in the optical, ForceTouch, MoCA, satellite and Industrial & Multi-Market segments. On a positive note, NG GM was better than expected in both 4Q17 results and 1Q18 guidance. Though we remain encouraged by the strong pipeline of upcoming Infrastructure products and their respective potential market opportunities, we lower our EPS estimates for 2018 and 2019 and price target to $30 from $32 to remove risk revenue from our forecast." (2/14/2018)

Who are some of Heico's key competitors?

Who are Heico's key executives?

Heico's management team includes the folowing people:
  • Mr. Laurans A. Mendelson, Chairman & CEO (Age 80)
  • Mr. Eric A. Mendelson, Co-Pres, Director, Pres & CEO of the HEICO Flight Support Group (Age 53)
  • Mr. Victor H. Mendelson, Co-Pres, Director, Pres and CEO of the HEICO Electronic Technologies Group (Age 51)
  • Mr. Carlos L. Macau Jr., Exec. VP, CFO & Treasurer (Age 51)
  • Mr. Steven M. Walker, Chief Accounting Officer & Assistant Treasurer (Age 54)

Has Heico been receiving favorable news coverage?

Media headlines about HEI stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Heico earned a news impact score of 0.12 on Accern's scale. They also assigned news coverage about the aerospace company an impact score of 45.69 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for Heico.

Who are Heico's major shareholders?

Heico's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Riverbridge Partners LLC (1.51%), Fisher Asset Management LLC (1.25%), Fred Alger Management Inc. (0.69%), Chilton Investment Co. LLC (0.45%), Standard Life Aberdeen plc (0.44%) and Artisan Partners Limited Partnership (0.37%). Company insiders that own Heico stock include Alan Schriesheim, Frank J Schwitter, Julie Neitzel, Laurans A Mendelson, Mark H Hildebrandt and Thomas S Irwin. View Institutional Ownership Trends for Heico.

Which institutional investors are selling Heico stock?

HEI stock was sold by a variety of institutional investors in the last quarter, including Advisors Asset Management Inc., Eagle Asset Management Inc., Marshall Wace LLP, Cubist Systematic Strategies LLC and AE Wealth Management LLC. Company insiders that have sold Heico company stock in the last year include Alan Schriesheim, Frank J Schwitter, Laurans A Mendelson and Thomas S Irwin. View Insider Buying and Selling for Heico.

Which institutional investors are buying Heico stock?

HEI stock was purchased by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Standard Life Aberdeen plc, Fred Alger Management Inc., Riverbridge Partners LLC, Chilton Investment Co. LLC, Artisan Partners Limited Partnership, Navellier & Associates Inc and OMERS ADMINISTRATION Corp. Company insiders that have bought Heico stock in the last two years include Julie Neitzel and Mark H Hildebrandt. View Insider Buying and Selling for Heico.

How do I buy shares of Heico?

Shares of HEI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Heico's stock price today?

One share of HEI stock can currently be purchased for approximately $78.00.

How big of a company is Heico?

Heico has a market capitalization of $10.23 billion and generates $1.52 billion in revenue each year. The aerospace company earns $185.98 million in net income (profit) each year or $1.35 on an earnings per share basis. Heico employs 5,100 workers across the globe.

How can I contact Heico?

Heico's mailing address is 3000 TAFT STREET, HOLLYWOOD FL, 33021. The aerospace company can be reached via phone at 954-987-4000.


MarketBeat Community Rating for Heico (NYSE HEI)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  321 (Vote Outperform)
Underperform Votes:  289 (Vote Underperform)
Total Votes:  610
MarketBeat's community ratings are surveys of what our community members think about Heico and other stocks. Vote "Outperform" if you believe HEI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HEI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/18/2018 by MarketBeat.com Staff

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