Analyst Ronald Epstein of Bank of America Securities maintained a Buy rating on HEICO, with a price target of $400.00.
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Ronald Epstein’s rating is based on HEICO’s stronger-than-expected financial performance in the most recent quarter and the company’s robust growth momentum. Adjusted earnings per share significantly exceeded both his own and consensus forecasts, driven by revenue that rose nearly 20% year over year and by improved profitability at the operating level. The company’s overall operating margin expanded meaningfully compared with the prior year, underscoring efficient execution and favorable mix.
Within HEICO’s Flight Support Group, double‑digit organic sales growth across all major product lines translated into higher revenues and healthy margins, indicating sustained demand in commercial aerospace. The Electronic Technologies Group also delivered solid organic growth, helped by rising demand across electronics, defense, aerospace, and space end markets, while maintaining strong margins. Taken together, these results reinforce confidence in HEICO’s business model, earnings trajectory, and ability to create shareholder value, supporting Epstein’s Buy rating and price objective that implies further upside from the current share price.
In another report released on December 17, Jefferies also maintained a Buy rating on the stock with a $380.00 price target.
HEI’s price has also changed slightly for the past six months – from $311.080 to $308.730, which is a -0.76% drop .