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Heico Corp. (HEI)
NYSE:HEI
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HEI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$167.56 - $281.97
Previous Close$277.35
Volume247.75K
Average Volume (3M)404.52K
Market Cap
$33.25B
Enterprise Value$35.70B
Total Cash (Recent Filing)$202.94M
Total Debt (Recent Filing)$2.26B
Price to Earnings (P/E)81.3
Beta0.69
Next Earnings
Dec 16, 2024EPS Estimate
$0.98Last Dividend Ex-Date
Jul 01, 2024Dividend Yield0.07%
Share Statistics
EPS (TTM)3.41
Shares Outstanding138,597,881
10 Day Avg. Volume546,791
30 Day Avg. Volume404,522
Standard Deviation0.09
R-Squared0.54
Alpha0.00077
Financial Highlights & Ratios
Price to Book (P/B)10.86
Price to Sales (P/S)10.00
Price to Cash Flow (P/CF)44.20
P/FCF Ratio41.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue9.44
Enterprise Value/Gross Profit30.95
Enterprise Value/Ebitda48.35
Forecast
1Y Price Target
$270.83Price Target Upside-2.96% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering13
HEICO News
Bulls Say, Bears Say
Bulls Say
Acquisition StrategyHEI's acquisition strategy has significantly contributed to their growth, with the recent acquisition of Wencor being the largest ever and expected to support a substantial M&A contribution.
Aftermarket GrowthHEI's aftermarket parts business continues to perform well, with 17% organic growth reported in the quarter.
Financial StabilityHEI has a strong balance sheet with ample cash reserves and available credit, indicating financial stability and capacity for further strategic acquisitions.
Bears Say
Competition And Market RisksRisks include slowing air travel growth, increased competition, slower DoD outlay growth, and lower-than-expected M&A deal volume.
Revenue And Performance IssuesETG revenue and EBIT missed Bloomberg Consensus, driven by softness in non A&D markets, particularly Medical where the company continues to experience destocking headwinds.
Valuation ConcernsHEI is trading at a significant premium to its historical average, which may indicate overvaluation compared to the broader market.
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Ownership Overview
18.65% Insiders
29.27% Mutual Funds
24.21% Other Institutional Investors
14.94% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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HEI FAQ
What was Heico Corp.’s price range in the past 12 months?
Heico Corp. lowest stock price was $167.56 and its highest was $281.97 in the past 12 months.
What is Heico Corp.’s market cap?
Currently, no data Available
When is Heico Corp.’s upcoming earnings report date?
Heico Corp.’s upcoming earnings report date is Dec 16, 2024 which is in 23 days.
How were Heico Corp.’s earnings last quarter?
Heico Corp. released its earnings results on Aug 26, 2024. The company reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.921 by $0.049.
Is Heico Corp. overvalued?
According to Wall Street analysts Heico Corp.’s price is currently Overvalued.
Does Heico Corp. pay dividends?
Heico Corp. pays a Semiannually dividend of $0.11 which represents an annual dividend yield of 0.07%. See more information on Heico Corp. dividends here
What is Heico Corp.’s EPS estimate?
Heico Corp.’s EPS estimate is $0.98.
How many shares outstanding does Heico Corp. have?
Heico Corp. has 54,841,675 shares outstanding.
What happened to Heico Corp.’s price movement after its last earnings report?
Heico Corp. reported an EPS of $0.97 in its last earnings report, beating expectations of $0.921. Following the earnings report the stock price went up 0.606%.
Which hedge fund is a major shareholder of Heico Corp.?
Among the largest hedge funds holding Heico Corp.’s share is Fisher Asset Management LLC. It holds Heico Corp.’s shares valued at 91M.
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HEICO Stock Smart Score
Unlock Smart Score
1
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$270.83 (-2.96% Downside)
$270.83 (-2.96% Downside)
Blogger Sentiment
Bullish
HEI Sentiment 70%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 15.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $1.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.7%
Last 30 Days ▲ 24.1%
Last 30 Days ▲ 24.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
62.02%
12-Months-Change
Fundamentals
Return on Equity
14.81%
Trailing 12-Months
Asset Growth
36.11%
Trailing 12-Months
Company Description
Heico Corp.
HEICO Corp. engages in the design, manufacture, and sale of aerospace, defense, and electronic related products and services. It operates through the Flight Support Group and Electronic Technologies Group segments. The Flight Support Group segment designs, manufactures, repairs, overhauls, and distributes jet engine and aircraft component replacement parts. The Electronic Technologies Group segment designs and manufactures electronic, microwave, and electro-optical equipment and components, three-dimensional microelectronic and stacked memory products, high-speed interface products, high voltage interconnection devices, high voltage advanced power electronics products, power conversion products, underwater locator beacons, electromagnetic interference shielding, traveling wave tube amplifiers, harsh environment electronic connectors and other interconnect products, communications and electronic intercept receivers and tuners, crashworthy, and ballistically self-sealing auxiliary fuel systems for military rotorcraft, RF and microwave amplifiers, transmitters and receivers, satellite microwave modules, and integrated subsystems primarily for the aviation, defense, space, medical, telecommunications, and electronics industries. The company was founded in 1957 and is headquartered in Hollywood, FL.
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HEI Earnings Call
Q3 2024
0:00 / 0:00
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HEI Stock 12 Month Forecast
Average Price Target
$270.83
▼(-2.96% Downside)
Technical Analysis
Best Analysts Covering HEI
1 Year
1 Year Success Rate
17/17 ratings generated profit
1 Year Average Return
+33.87%
assigned a buy rating last month
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