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 - NEC
  • Sub-Industry: Aerospace & Defense
  • Symbol: NYSE:HEI
  • CUSIP: 42280610
  • Web: www.heico.com
Capitalization:
  • Market Cap: $6.53372 billion
  • Outstanding Shares: 84,318,000
Average Prices:
  • 50 Day Moving Avg: $74.03
  • 200 Day Moving Avg: $69.23
  • 52 Week Range: $52.29 - $78.11
P/E:
  • Trailing P/E Ratio: 38.53
  • Foreward P/E Ratio: 34.29
  • P/E Growth: 5.12
Sales & Book Value:
  • Annual Revenue: $1.43 billion
  • Price / Sales: 4.57
  • Book Value: $12.44 per share
  • Price / Book: 6.23
Dividend:
  • Annual Dividend: $0.16
  • Dividend Yield: 0.2%
Profitability:
  • EBIDTA: $352.83 million
  • Net Margins: 12.08%
  • Return on Equity: 15.89%
  • Return on Assets: 8.24%
Debt:
  • Debt-to-Equity Ratio: 0.40%
  • Current Ratio: 2.97%
  • Quick Ratio: 1.43%
Misc:
  • 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?

Heico Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, August, 22nd 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 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?

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?

One share of Heico Corporation stock can currently be purchased for approximately $77.49.


MarketBeat Community Rating for Heico Corporation (NYSE HEI)
Community Ranking:  2.4 out of 5 ( )
Outperform Votes:  186 (Vote Outperform)
Underperform Votes:  199 (Vote Underperform)
Total Votes:  385
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: $84.00 (8.40% upside)

Analysts' Ratings History for Heico Corporation (NYSE:HEI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/26/2017Jefferies Group LLCReiterated RatingHold$75.00LowView Rating Details
5/22/2017Canaccord GenuityReiterated RatingBuy$80.00LowView 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 GroupUpgradeNeutral -> Outperform$68.00 -> $86.00N/AView Rating Details
9/20/2016GabelliReiterated RatingHoldN/AView Rating Details
8/30/2016Bank of America CorporationDowngradeBuy -> Neutral$75.00N/AView Rating Details
8/27/2015Raymond James Financial, Inc.Lower Price Target$67.00 -> $64.00N/AView Rating Details
(Data available from 7/24/2015 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
8/22/2017        
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: $2.22
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 Corporation (NYSE:HEI)
Most Recent Dividend:7/19/2017
Annual Dividend:$0.16
Dividend Yield:0.21%
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 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: 21.84%
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 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
finance.yahoo.com logo3 Under-the-Radar Defense Plays
finance.yahoo.com - July 13 at 4:03 PM
americanbankingnews.com logoZacks: Brokerages Anticipate Heico Corporation (NYSE:HEI) Will Post Earnings of $0.52 Per Share
www.americanbankingnews.com - July 12 at 10:16 AM
seekingalpha.com logoA Dad And His Two Boys Make HEICO A Buy - Seeking Alpha
seekingalpha.com - July 9 at 6:22 PM
finance.yahoo.com logoHEICO Corp. – Value Analysis (NYSE:HEI) : July 5, 2017
finance.yahoo.com - July 5 at 8:00 PM
finance.yahoo.com logoHEICO 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
americanbankingnews.com logoHeico Corporation (HEI) Upgraded to "Buy" at Zacks Investment Research
www.americanbankingnews.com - June 28 at 12:04 AM
americanbankingnews.com logoHeico Corporation (HEI) Given Hold Rating at Jefferies Group LLC
www.americanbankingnews.com - June 26 at 7:34 PM
americanbankingnews.com logoHeico Corporation (HEI) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - June 26 at 6:49 PM
americanbankingnews.com logoContrasting Curtiss-Wright Corporation (CW) and Heico Corporation (HEI)
www.americanbankingnews.com - June 22 at 6:43 PM
finance.yahoo.com logoHEICO 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
streetinsider.com logoHeico Corp. (HEI) Announces Acquisition of Carbon by Design ... - StreetInsider.com
www.streetinsider.com - June 21 at 4:30 AM
americanbankingnews.com logoAnalyzing Heico Corporation (HEI) & Ducommun (DCO)
www.americanbankingnews.com - June 21 at 12:22 AM
seekingalpha.com logo8 Dividend Companies Increasing Dividend Payouts And Returns To Investors
seekingalpha.com - June 20 at 6:29 PM
streetinsider.com logoHeico Corp. (HEI) Announces Acquisition of Carbon by Design; Terms Not Disclosed
www.streetinsider.com - June 20 at 6:29 PM
reuters.com logoBRIEF-Heico Corp acquires composites manufacturer Carbon by Design
www.reuters.com - June 20 at 6:29 PM
finance.yahoo.com logoHEICO Acquires Innovative Composites Manufacturer
finance.yahoo.com - June 20 at 6:29 PM
americanbankingnews.com logoZacks: Analysts Anticipate Heico Corporation (HEI) Will Post Earnings of $0.52 Per Share
www.americanbankingnews.com - June 16 at 10:18 AM
finance.yahoo.com logoDefense Giant, Still In Buy Zone, Flexes Relative Strength
finance.yahoo.com - June 15 at 7:53 PM
americanbankingnews.com logoHeico Corporation (HEI) Raises Dividend to $0.08 Per Share
www.americanbankingnews.com - June 14 at 6:44 PM
businesswire.com logoHEICO Corporation Increases Semi-Annual Cash Dividend by 11 Percent - Business Wire (press release)
www.businesswire.com - June 13 at 5:27 PM
reuters.com logoBRIEF-Heico Corporation increases semi-annual cash dividend by 11 percent - Reuters
www.reuters.com - June 13 at 5:27 PM
finance.yahoo.com logoHEICO Corporation Increases Semi-Annual Cash Dividend by 11 Percent
finance.yahoo.com - June 13 at 11:04 AM
americanbankingnews.com logoHeico Corporation (HEI) Cut to "Hold" at Zacks Investment Research
www.americanbankingnews.com - June 13 at 10:04 AM
finance.yahoo.com logoETFs with exposure to HEICO Corp. : June 12, 2017
finance.yahoo.com - June 12 at 6:25 PM
americanbankingnews.com logoHead to Head Review: Heico Corporation (HEI) versus BWX Technologies (BWXT)
www.americanbankingnews.com - June 12 at 6:18 PM
nasdaq.com logoOrbital ATK Well Poised on New Orders amid Stiff Competition
www.nasdaq.com - June 9 at 6:03 PM
americanbankingnews.com logoHeico Corp (HEI) Upgraded to Buy by Zacks Investment Research
www.americanbankingnews.com - June 8 at 12:58 AM
americanbankingnews.com logoZacks Investment Research Downgrades Heico Corp (HEI) to Hold
www.americanbankingnews.com - June 6 at 11:02 PM
finance.yahoo.com logoVPT Expands its VXR High-Reliability Line
finance.yahoo.com - June 6 at 6:06 PM
finance.yahoo.com logoZacks.com featured highlights: Ulta Beauty, Intuit, Heico, Morgan Stanley and Ingersoll-Rand
finance.yahoo.com - May 31 at 5:35 PM
americanbankingnews.com logoHeico Corp (HEI) Raised to "Buy" at Zacks Investment Research
www.americanbankingnews.com - May 31 at 12:02 AM
americanbankingnews.com logoHeico Corp (HEI) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - May 30 at 6:36 PM
finance.yahoo.com logoETFs with exposure to HEICO Corp. : May 30, 2017
finance.yahoo.com - May 30 at 5:32 PM
finance.yahoo.com logoHEICO Corp. :HEI-US: Earnings Analysis: Q2, 2017 By the Numbers : May 29, 2017
finance.yahoo.com - May 29 at 5:27 PM
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

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Heico Corporation (HEI) Chart for Monday, July, 24, 2017

This page was last updated on 7/24/2017 by MarketBeat.com Staff