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Heico Corporation (HEI)

NYSE
Currency in USD
263.73
-5.34(-1.98%)
Closed
After Hours
266.00+2.27(+0.86%)
HEI Scorecard
Full Analysis
Has raised its dividend for 7 consecutive years
Earnings results expected in 8 days
Fair Value
Day's Range
262.16269.02
52 wk Range
169.70283.60
Key Statistics
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Prev. Close
269.07
Open
269.02
Day's Range
262.16-269.02
52 wk Range
169.7-283.6
Volume
466.18K
Average Volume (3m)
390.12K
1-Year Change
47.41%
Book Value / Share
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Fair Value
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Fair Value Upside
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HEI Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
266.81
Upside
+1.17%
Members' Sentiments
Bearish
Bullish
ProTips
Analysts anticipate sales growth in the current year
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Heico Corporation Company Profile

HEICO Corporation, through its subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic related products and services in the United States and internationally. Its Flight Support Group segment provides jet engine and aircraft component replacement parts; thermal insulation blankets and parts; renewable/reusable insulation systems; and specialty components. This segment also distributes hydraulic, pneumatic, structural, interconnect, 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 aircraft, as well as for avionics and navigation systems, and other instruments utilized on military aircraft. The company’s 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 frequency (RF) interference shielding and suppression filters; power conversion and interface; interconnection devices; and underwater locator beacons and emergency locator transmission beacons. This segment also offers traveling wave tube amplifiers and microwave power modules; memory products and specialty semiconductors; harsh environment connectivity products and custom molded cable assemblies; RF and microwave products; communications and electronic intercept receivers and tuners; self-sealing auxiliary fuel systems; active antenna systems and airborne antennas; nuclear radiation detectors; silicone products; power amplifiers; ceramic-to-metal feedthroughs and connectors; technical surveillance countermeasures equipment; RF receivers and sources; embedded computing solutions; test sockets and adapters; and radiation assurance services. The company was incorporated in 1957 and is headquartered in Hollywood, Florida.

Employees
6500

Heico Corporation SWOT Analysis


Aerospace Ascendance
HEICO Corporation demonstrates robust growth in aerospace and defense sectors, with Q3 2024 EPS of $0.97 surpassing estimates and revenue reaching $992 million
Segment Strength
Flight Support Group shines with 15% organic growth, driven by a 17% increase in aftermarket replacement parts amid an industry "super-cycle
Market Positioning
Explore HEICO's strategic advantage in the aging aircraft fleet trend, balancing opportunities in aftermarket demand with potential risks of market deceleration
Financial Outlook
Analysts project EPS of $3.70 for FY1 and $4.40 for FY2, with price targets ranging from $215 to $272, reflecting confidence in HEICO's growth trajectory
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Heico Corporation Earnings Call Summary for Q3/2024

  • HEICO reports 45% increase in Q3 operating income, 37% rise in net sales, and record net income of $136.6 million, up 34% year-over-year
  • Flight Support Group achieves record quarterly net sales and operating income, with 68% growth in net sales
  • Electronic Technologies Group experiences slight decline in net sales due to lower sales in other electronics and medical products
  • Company projects continued net sales growth for both FSG and ETG in FY2024, driven by acquisitions and sustained demand
  • HEICO maintains robust M&A pipeline, focusing on non-private equity deals and high-margin acquisitions
Last Updated: 2024/08/27, 23:22
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Compare HEI to Peers and Sector

Metrics to compare
HEI
Peers
Sector
Relationship
P/E Ratio
66.1x414.0x11.8x
PEG Ratio
3.51−4.470.03
Price/Book
8.9x1.5x1.4x
Price / LTM Sales
8.4x1.5x1.2x
Upside (Analyst Target)
3.9%18.2%20.1%
Fair Value Upside
Unlock9.9%6.1%Unlock

Analysts' Recommendations

12 Buy
6 Hold
1 Sell
Ratings:
16 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 266.81

(+1.17% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 3.45
Dividend Yield
0.08%
Industry Median 1.04%
Annualised payout
0.2100
Paid semi-annually
5-Years Growth
+8.45%
Growth Streak

FAQ

What Is the Heico (HEI) Stock Price Today?

The Heico stock price today is 263.73

What Stock Exchange Does Heico Trade On?

Heico is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Heico?

The stock symbol for Heico is "HEI."

Does Heico Pay Dividends? What’s The Current Dividend Yield?

The Heico dividend yield is 0.08%.

What Is the Heico Market Cap?

As of today, Heico market cap is 31.58B.

What is Heico Earnings Per Share?

The Heico EPS is 3.45.

What Is the Next Heico Earnings Date?

Heico will release its next earnings report on 16 Dec 2024.

From a Technical Analysis Perspective, Is HEI a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Sell.
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