HEICO Co. (NYSE:HEI – Get Free Report) has earned a consensus recommendation of “Moderate Buy” from the ten brokerages that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation and nine have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $203.00.
A number of equities analysts have weighed in on HEI shares. Stifel Nicolaus started coverage on HEICO in a research note on Friday, December 1st. They issued a “buy” rating and a $200.00 target price on the stock. Bank of America upgraded HEICO from a “neutral” rating to a “buy” rating and set a $220.00 target price on the stock in a research note on Thursday, January 25th. William Blair started coverage on HEICO in a research note on Tuesday, December 12th. They issued an “outperform” rating on the stock. Truist Financial upped their target price on HEICO from $190.00 to $229.00 and gave the stock a “buy” rating in a research note on Wednesday, December 20th. Finally, Morgan Stanley cut HEICO from an “equal weight” rating to an “underweight” rating and cut their price objective for the stock from $184.00 to $174.00 in a report on Wednesday, December 20th.
View Our Latest Stock Report on HEICO
Insider Activity at HEICO
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Moody Lynn & Lieberson LLC raised its position in shares of HEICO by 2.6% in the 4th quarter. Moody Lynn & Lieberson LLC now owns 2,395 shares of the aerospace company’s stock worth $428,000 after acquiring an additional 60 shares in the last quarter. Essex LLC raised its position in shares of HEICO by 5.4% in the 3rd quarter. Essex LLC now owns 1,265 shares of the aerospace company’s stock worth $205,000 after acquiring an additional 65 shares in the last quarter. Janiczek Wealth Management LLC raised its position in shares of HEICO by 18.3% in the 3rd quarter. Janiczek Wealth Management LLC now owns 447 shares of the aerospace company’s stock worth $72,000 after acquiring an additional 69 shares in the last quarter. Private Advisor Group LLC raised its position in shares of HEICO by 0.7% in the 4th quarter. Private Advisor Group LLC now owns 12,456 shares of the aerospace company’s stock worth $2,228,000 after acquiring an additional 81 shares in the last quarter. Finally, Sunbelt Securities Inc. increased its position in HEICO by 13.4% during the 2nd quarter. Sunbelt Securities Inc. now owns 729 shares of the aerospace company’s stock valued at $129,000 after buying an additional 86 shares in the last quarter. Institutional investors own 27.77% of the company’s stock.
HEICO Stock Performance
NYSE:HEI opened at $187.19 on Monday. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.40 and a current ratio of 3.17. HEICO has a 52-week low of $153.63 and a 52-week high of $200.64. The firm has a market cap of $25.90 billion, a price-to-earnings ratio of 61.17, a PEG ratio of 3.08 and a beta of 1.17. The business’s fifty day moving average is $185.38 and its 200 day moving average is $174.47.
HEICO (NYSE:HEI – Get Free Report) last released its quarterly earnings data on Monday, February 26th. The aerospace company reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.74 by $0.08. The company had revenue of $896.36 million for the quarter, compared to analyst estimates of $891.32 million. HEICO had a return on equity of 14.35% and a net margin of 13.11%. The firm’s revenue for the quarter was up 44.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.67 EPS. Research analysts predict that HEICO will post 3.46 EPS for the current year.
HEICO 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.
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