HEICO Corporation (HEI)
| Market Cap | 38.45B |
| Revenue (ttm) | 3.78B |
| Net Income (ttm) | 477.85M |
| Shares Out | 138.60M |
| EPS (ttm) | 3.41 |
| PE Ratio | 81.35 |
| Forward PE | 67.66 |
| Dividend | $0.21 (0.08%) |
| Ex-Dividend Date | Jul 1, 2024 |
| Volume | 268,656 |
| Open | 277.19 |
| Previous Close | 272.78 |
| Day's Range | 273.09 - 279.39 |
| 52-Week Range | 167.56 - 281.15 |
| Beta | 1.24 |
| Analysts | Buy |
| Price Target | 270.70 (-2.42%) |
| Earnings Date | Dec 16, 2024 |
About HEI
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 ... [Read more]
Financial Performance
In 2023, HEICO's revenue was $2.97 billion, an increase of 34.41% compared to the previous year's $2.21 billion. Earnings were $403.60 million, an increase of 14.76%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for HEI stock is "Buy." The 12-month stock price forecast is $270.7, which is a decrease of -2.42% from the latest price.
News
HEICO Corporation Subsidiary Acquires Specialty Component Maker in India
MIAMI, FL, PARIS, FRANCE, and CHENNAI, INDIA / ACCESSWIRE / November 4, 2024 / HEICO Corporation today announced that its Paris, France-based Exxelia subsidiary acquired 70% of SVM Private Limited ("S...
HEICO Corporation Acquires Leading Business Jet In-Cabin Component Maker
MIAMI, FL and DERBY, KS / ACCESSWIRE / October 21, 2024 / HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) today announced that its Electronic Technologies Group acquired approximately 88% of Mid Continent Co...
HEICO Corporation Acquires Leading Power Distribution Systems Maker
SANTA ANA, CA and MIAMI, FL / ACCESSWIRE / October 1, 2024 / HEICO Corporation (NYSE:HEI) and (NYSE:HEI.A) today announced that its Electronic Technologies Group acquired 92.5% of Marway Power Solutio...
Warren Buffett Bought These 2 Stocks. Should You?
These new additions to Berkshire Hathaway's portfolio are solid companies with economic moats. But only one of the stocks is undervalued today.
HEICO Corporation (HEI) Q3 2024 Earnings Call Transcript
HEICO Corporation (NYSE:HEI) Q3 2024 Earnings Conference Call August 27, 2024 9:00 AM ET Company Participants Laurans Mendelson - Chairman & CEO Eric Mendelson - Co-President & President of Flight Su...
Buffett Favorite Heico Reports Increased Revenue Despite Unit Sales Drop
Shares of Warren Buffett-backed Heico (HEI) edged higher Tuesday after the aircraft parts and electronics supplier posted better-than-expected third-quarter profit despite declining Electronic Technol...
HEICO Corporation Reports Record Net Sales (Up 37%), Operating Income (Up 45%) and Net Income (Up 34%) for the Third Quarter of Fiscal 2024
HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / August 26, 2024 / HEICO CORPORATION (NYSE:HEI.A)(NYSE:HEI) today reported net income increased 34% to a record $136.6 million, or $.97 per diluted share, in ...
HEICO Earnings Are Imminent; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
HEICO Corporation HEI is set to release earnings results for its third quarter, after the closing bell on Monday, Aug. 26.
HEICO Corporation Acquires Leading Provider of Proprietary Aircraft Cockpit Emergency Egress and Aerial Delivery Solutions
SOUTH WINDSOR, CT and MIAMI, FL / ACCESSWIRE / August 22, 2024 / HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) today announced its Flight Support Group has acquired the Aerial Delivery and Descent Devices ...
Top 3 Industrials Stocks That May Implode In Q3
As of Aug 15, 2024, three stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Warren Buffett's Firm Chops Apple Position, Enters Holdings in Ulta Beauty and Heico
Warren Buffett (Trades, Portfolio), often referred to as "The Oracle of Omaha," is a towering figure in the world of investing. As the chairman of Berkshire Hathaway, Buffett has transformed a struggl...
Berkshire reveals stakes in Ulta Beauty, Heico as it retreats from Apple
Warren Buffett's Berkshire Hathaway acquired stakes in cosmetics store chain Ulta Beauty and aircraft parts maker Heico during the second quarter, when it also significantly cut its huge stake in Appl...
HEICO Corporation Announces Regular Quarterly Conference Call
HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / August 13, 2024 / On August 26, 2024 after the NYSE closing, HEICO Corporation (NYSE: HEI.A)(NYSE:HEI) will release its financial results for the third quart...
Donald Trump presidency would be good for defense spending, HEICO exec said
A Donald Trump presidency would benefit the U.S. defense industry, independent aerospace and defense parts producer Heico Corp's co-president Eric Mendelson told Reuters on Wednesday.
5 Upcoming Dividend Increases Including A King
This week's increases include Dividend King Sysco Corporation with a 2% increase, extending its 54-year streak. The tables and lists are generated using data from the U.S. Dividend Champions spreadshe...
HEICO Corporation Increases Cash Dividend by 10%
$.11 per share cash dividend declared HOLLYWOOD, FL / ACCESSWIRE / June 20, 2024 / HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) today announced that its Board of Directors declared an $0.11 per share semi...
HEICO Corporation (HEI) Q2 2024 Earnings Call Transcript
HEICO Corporation (NYSE:HEI) Q2 2024 Results Conference Call May 29, 2024 9:00 AM ET Company Participants Laurans Mendelson - Chairman & Chief Executive Officer Eric Mendelson - Co-President & Presid...
How To Earn $500 A Month From Heico Stock Ahead Of Q2 Earnings - Heico (NYSE:HEI)
HEICO Corporation HEI shares closed slightly higher on Friday ahead of an earnings report set to be released on Tuesday.
HEICO Stock: A Long-Term Aerospace And Defense Value Powerhouse To Buy
HEICO Corp. stock has reached its price target of $211.28, prompting a reassessment of its potential upside. The company has shown impressive long-term stock price growth and has a strong M&A drive to...
VPT Announces Release of the New Quad Output, Low Noise SLNP17-100CQ
BLACKSBURG, Va. , May 1, 2024 /PRNewswire/ -- VPT, Inc., a HEICO company (NYSE:HEI.A) (NYSE: HEI), announces the release of its first DC-DC power supply with extremely quiet and low noise outputs (
VPT Announces Release of the New 1600W, GaN-based SGRBX DC-DC Converter
BLACKSBURG, Va., March 13, 2024 /PRNewswire/ -- VPT, Inc., a HEICO company (NYSE:HEI.A) (NYSE: HEI), announces the release of the first-ever configurable box solution featuring state-of-the-art GaN te...
HEICO Corporation: Strong Demand Outlook
HEI is rated as a buy due to its growth potential in the aerospace industry and the expansion of its SKU range through the acquisition of Wencor. HEI operates in two segments: Flight Support Group and...
HEICO Corporation (HEI) Q1 2024 Earnings Call Transcript
HEICO Corporation (HEI) Q1 2024 Earnings Call Transcript
HEICO Corporation Reports Strong Growth of 44% in Net Sales, 39% in Operating Income and 23% in Net Income for the First Quarter of Fiscal 2024
HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / February 26, 2024 / HEICO CORPORATION (NYSE:HEI.A)(NYSE:HEI) today reported an increase in net income of 23% to $114.7 million, or $.82 per diluted share, in...
VPT Introduces VSC100-2800S Space COTS DC-DC Converters
BLACKSBURG, Va. , Feb. 14, 2024 /PRNewswire/ -- VPT, Inc., a HEICO company (NYSE:HEI.A) (NYSE:HEI), announces the addition of the VSC100-2800S to the award-winning VSC Series of space COTS DC-DC conve...