HEICO 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.
infoHEICO is a large cap stock with a total market cap of 19.94B.
infoThey trade on the NYSE and had their IPO 43 years and 5 months ago.
infoHEICO currently employs 6500 people.
infoAs of Wednesday, Aug 23 2023, HEICO’s share price is $165.45.
News Relating to HEICO
Accesswire
HEICO Corporation Announces Regular Quarterly Conference Call
Tuesday Aug 15 2023 at 13:30
HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / August 15, 2023 / On August 28, 2023 after the NYSE closing, HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) will release its financial results for the third quarter ended July 31, 2023. The earnings release will be available through the Internet on the Company’s website at http://www.heico.com.
Investors Business Daily
AI Stocks Lead These 5 Names Near Buy Points
Saturday Jul 22 2023 at 09:17
Artificial intelligence stocks including chipmaker Marvell Technology, Arista Networks and Synopsys, which has launched AI-based chip-design tools, lead this weekend’s watch list of five stocks near buy points.
Seeking Alpha
HEICO: A Total Return Monster
Sunday Jul 09 2023 at 02:13
HEICO Corporation, a supplier of key parts in the aerospace industry, is seeing growth due to the resurgence of aerospace demand and its strong pricing power, high revenue growth, and healthy balance sheet. The company has outperformed the S&P 500 over the past decade, with shares returning 720% in that period, and it has recently reported record results and announced the planned acquisition of Wencor Group. Despite a low dividend yield of 0.1%, HEICO’s focus on mergers and acquisitions and long-term total return make it an attractive investment for those seeking growth.
Zacks Investment Research
Heico Corporation (HEI) Up 1.8% Since Last Earnings Report: Can It Continue?
Wednesday Jun 21 2023 at 12:34
Heico Corporation (HEI) reported earnings 30 days ago. What’s next for the stock?
Zacks Investment Research
BAESY vs. HEI: Which Stock Is the Better Value Option?
Friday Jun 16 2023 at 13:05
Investors looking for stocks in the Aerospace – Defense Equipment sector might want to consider either Bae Systems PLC (BAESY) or Heico Corporation (HEI). But which of these two stocks offers value investors a better bang for their buck right now?
Zacks Investment Research
Insiders Are Jumping Into These 3 Stocks
Thursday Jun 08 2023 at 18:09
Investors closely monitor insider buys.
Seeking Alpha
HEICO Corporation (HEI) Q2 2023 Earnings Call Transcript
Tuesday May 23 2023 at 16:55
HEICO Corporation (NYSE:HEI ) Q2 2023 Earnings Conference Call May 23, 2023 9:00 AM ET Company Participants Laurans Mendelson – Chairman & CEO Eric Mendelson – Co-President & Director Victor Mendelson – Co-President & Director Carlos Macau – EVP, CFO & Treasurer Conference Call Participants Robert Spingarn – Melius Research Peter Arment – Robert W. Baird & Co. Lawrence Solow – CJS Securities Gautam Khanna – TD Cowen Colin Ducharme – Sterling Capital Joshua Sullivan – The Benchmark Company George Bancroft – Gabelli Funds Louis Raffetto – Wolfe Research Kristine Liwag – Morgan Stanley Peter Osterland – Truist Securities Noah Poponak – Goldman Sachs Group Sheila Kahyaoglu – Jefferies Peter Skibitski – Alembic Global Advisors Operator Welcome to the HEICO Corporation Second Quarter Fiscal 2023 Financial Results Call.
Zacks Investment Research
HEICO (HEI) Q2 Earnings Beat Estimates, Sales Increase Y/Y
Tuesday May 23 2023 at 09:08
HEICO’s (HEI) Q2 fiscal 2023 net sales increase 28% year over year. The metric also beats the Zacks Consensus Estimate by 5.1%.
Zacks Investment Research
Here’s What Key Metrics Tell Us About Heico Corporation (HEI) Q2 Earnings
Monday May 22 2023 at 19:36
While the top- and bottom-line numbers for Heico Corporation (HEI) give a sense of how the business performed in the quarter ended April 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Zacks Investment Research
Heico Corporation (HEI) Beats Q2 Earnings and Revenue Estimates
Monday May 22 2023 at 18:36
Heico Corporation (HEI) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.62 per share a year ago.
Zacks Investment Research
HEICO (HEI) to Acquire Military Aftermarket Firm Wencor Group
Tuesday May 16 2023 at 09:53
HEICO (HEI) is set to take over a commercial and military aircraft aftermarket company, Wencor Group, and is likely to benefit from meaningful synergies.
Zacks Investment Research
BAESY vs. HEI: Which Stock Is the Better Value Option?
Monday May 15 2023 at 12:55
Investors with an interest in Aerospace – Defense Equipment stocks have likely encountered both Bae Systems PLC (BAESY) and Heico Corporation (HEI). But which of these two stocks offers value investors a better bang for their buck right now?
Zacks Investment Research
Heico Corporation (HEI) Reports Next Week: Wall Street Expects Earnings Growth
Monday May 15 2023 at 11:26
Heico Corporation (HEI) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Accesswire
HEICO Corporation Announces Regular Quarterly Conference Call
Tuesday May 09 2023 at 16:15
HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / May 9, 2023 / On May 22, 2023 after the NYSE closing, HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) will release its financial results for the second quarter ended April 30, 2023. The earnings release will be available through the Internet on the Company’s website at http://www.heico.com.
Zacks Investment Research
BAESY vs. HEI: Which Stock Should Value Investors Buy Now?
Friday Apr 28 2023 at 12:56
Investors interested in stocks from the Aerospace – Defense Equipment sector have probably already heard of Bae Systems PLC (BAESY) and Heico Corporation (HEI). But which of these two companies is the best option for those looking for undervalued stocks?
Zacks Investment Research
Moog (MOG.A) Matches Q2 Earnings Estimates
Friday Apr 28 2023 at 10:38
Moog (MOG.A) came out with quarterly earnings of $1.42 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.49 per share a year ago.
InvestorPlace
7 Industrial Stocks to Buy for April 2023
Friday Apr 14 2023 at 08:20
Industrial stocks are not flashy or cutting edge. They are often railroads, construction companies, or firms that make heating and ventilation equipment.
Investors Business Daily
The Best Defense Stocks For Today — And The Future
Thursday Apr 06 2023 at 11:37
The best defense stocks have long-term programs as well as footholds in key emerging priorities for the Pentagon. The post The Best Defense Stocks For Today — And The Future appeared first on Investor’s Business Daily.
Seeking Alpha
HEICO: Wait For A Better Buying Opportunity
Monday Mar 20 2023 at 03:45
The strong results for the first quarter of fiscal 2023 show that HEICO is growing rapidly. HEICO is operating in a growing market as the need for defense spending increases due to increased global threats.
Seeking Alpha
HEICO: Optimistic Guidance, Backlog Generation, And Inexpensive
Saturday Mar 18 2023 at 06:49
HEICO is a North American company considered to be the world’s largest manufacturer of engineering systems for aircraft as well as parts and replacement parts. I assumed that the recent increase in research and development expenditures, mainly in the FSG business segment, and new research will likely bring more product offerings, and more patents.
InvestorPlace
The 7 Best Defense Stocks to Buy for Our Dangerous World
Thursday Mar 16 2023 at 06:30
The best defense stocks may have a banner year ahead. Last year, Russia’s invasion of Ukraine began.
Zacks Investment Research
HEICO (HEI) Q1 Earnings Beat Estimates, Sales Increase Y/Y
Monday Mar 06 2023 at 13:33
Heico’s (HEI) fiscal Q1 2023 net sales increased 26.6% year over year. It also beat the Zacks Consensus Estimate by 7.7%.
Zacks Investment Research
Heico Corporation (HEI) Surpasses Q1 Earnings and Revenue Estimates
Monday Feb 27 2023 at 19:34
Heico Corporation (HEI) delivered earnings and revenue surprises of 1.52% and 7.71%, respectively, for the quarter ended January 2023. Do the numbers hold clues to what lies ahead for the stock?
Investors Business Daily
Heico Stock Up 14% YTD As Earnings Streak Eyes A Seventh Quarter
Monday Feb 27 2023 at 15:50
Heico stock rose Monday ahead of its Q1 results. Analysts expect earnings and revenue to rise for the seventh quarter in a row.
Investors Business Daily
The Best Defense Stocks For Today — And The Future
Tuesday Feb 14 2023 at 06:22
The best defense stocks have long-term programs as well as footholds in key emerging priorities for the Pentagon. The post The Best Defense Stocks For Today — And The Future appeared first on Investor’s Business Daily.
Accesswire
HEICO Corporation Announces Regular Quarterly Conference Call
Monday Feb 13 2023 at 16:45
HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / February 13, 2023 / On February 27, 2023 after the NYSE closing, HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) will release its financial results for the first quarter ended January 31, 2023. The earnings release will be available through the Internet on the Company’s website at http://www.heico.com.
Investors Business Daily
Latest Ukraine Aid Package Provides $1.7 Billion Directly To Defense Contractors
Friday Feb 03 2023 at 13:23
The latest round of U.S. military aid to Ukraine provides a $1.725 billion boost to defense stocks like Boeing, Raytheon, General Dynamics. The post Latest Ukraine Aid Package Provides $1.7 Billion Directly To Defense Contractors appeared first on Investor’s Business Daily.
The Motley Fool
Why This Genius Stock Has Delivered Exceptional Returns (and Can Keep Doing It)
Thursday Jan 26 2023 at 06:01
Making yourself irreplaceable while staying lean and profitable is a great moat.
Zacks Investment Research
BAESY vs. HEI: Which Stock Is the Better Value Option?
Wednesday Jan 25 2023 at 12:47
BAESY vs. HEI: Which Stock Is the Better Value Option?
Forbes
This Aerospace & Electronics Company Is A Better Pick Over Textron Stock
Friday Jan 20 2023 at 11:00
Looking at stock returns, Heico, with a 9% rise in the last twelve months, has outperformed Textron, down 10%, and the broader S&P500 index, down 13%.
HEICO Bankruptcy Risk
The Altman Z-score is a formula that measures a company’s financial health and bankruptcy risk. It assigns a numerical score based on various financial ratios. The Z-score is divided into different zones. If the Z-score is above 2.99, it indicates a lower bankruptcy risk, classifying the company as ‘safe’ or ‘non-distressed’. If the score falls below 1.81, it suggests a higher risk, indicating potential financial distress or bankruptcy. The range between 1.81 and 2.99 is called the ‘gray zone’ or zone of ambiguity.
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HEICO’s Altman Z-score is 8.58 which is in the safe zone. This indicates the company is financially stable and less likely to experience financial distress or bankruptcy.
Derived from SEC.GOV filing dataopen_in_new
HEICO Insider Trading
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
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Over the last 3 months, 10 insiders have bought $414.76K of common stock in HEICO on the stock market with no insider selling.
Derived from SEC.GOV filing dataopen_in_new
Debt & Income Analysis
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
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HEICO’s Income Quality of 1.18 is greater than its Industry Group of 0.4 (195.0% greater)
HEICO’s Income Quality of 1.18 is greater than its Major Industry Group of 0.88 (34.1% greater)
HEICO’s Income Quality of 1.18 is greater than its Sector of 0.75 (57.3% greater)
Derived from SEC.GOV filing dataopen_in_new
Current ratio measures a company’s ability to pay off short-term debt with its current assets (assets that a company expects to use up or convert to cash within a year). It represents the $ amount of current assets a company has for every $1 of short-term debt. A high current ratio above 1.0 indicates that a company can meet its short-term obligations, while a low current ratio below 1.0 suggests difficulty.
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HEICO’s Current Ratio of 2.93 is in line with its Industry Group of 2.69 (8.9% greater)
HEICO’s Current Ratio of 2.93 is greater than its Major Industry Group of 1.81 (61.9% greater)
HEICO’s Current Ratio of 2.93 is greater than its Sector of 2.6 (12.7% greater)
Derived from SEC.GOV filing dataopen_in_new
Value Analysis
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
Learn more at Investopediaopen_in_new
Cannot compute a percentage difference when there are zeros in the calculation
Cannot compare a negative PE Ratio (52.75 & -0.28)
Cannot compare a negative PE Ratio (52.75 & -0.4)
Derived from SEC.GOV filing dataopen_in_new
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
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HEICO’s PB Ratio of 6.22 is greater than its Industry Group of 2.8 (122.1% greater)
HEICO’s PB Ratio of 6.22 is greater than its Major Industry Group of 1.67 (272.5% greater)
HEICO’s PB Ratio of 6.22 is greater than its Sector of 1.62 (284.0% greater)
Derived from SEC.GOV filing dataopen_in_new
Efficiency Analysis
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
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HEICO’s ROE of 0.12 is greater than its Industry Group of -0.05 (340.0% greater)
Cannot compute a percentage difference when there are zeros in the calculation
HEICO’s ROE of 0.12 is greater than its Sector of -0.03 (500.0% greater)
Derived from SEC.GOV filing dataopen_in_new
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
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HEICO’s ROCE of 0.12 is greater than its Industry Group of 0.01 (1100.0% greater)
HEICO’s ROCE of 0.12 is greater than its Major Industry Group of 0.01 (1100.0% greater)
HEICO’s ROCE of 0.12 is greater than its Sector of -0.04 (400.0% greater)
Derived from SEC.GOV filing dataopen_in_new