HEICO Corporation (HEI)

NYSE: HEI · IEX Real-Time Price · USD
162.00
+7.09 (4.58%)
Jun 2, 2023, 4:00 PM EDT - Market closed
4.58%
Market Cap 19.37B
Revenue (ttm) 2.49B
Net Income (ttm) 377.89M
Shares Out 119.58M
EPS (ttm) 2.73
PE Ratio 59.34
Forward PE 51.81
Dividend $0.19 (0.12%)
Ex-Dividend Date Jan 4, 2023
Volume 531,661
Open 156.80
Previous Close 154.91
Day's Range 156.48 - 162.30
52-Week Range 126.95 - 180.59
Beta 1.18
Analysts Buy
Price Target 183.80 (+13.46%)
Earnings Date May 22, 2023

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. 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. This segment also distributes hydraulic, pneumatic, structural, interconnect, mechanical, and electro-mechanical components for the commercial, regional, an... [Read more]

Sector Industrials
Founded 1957
Employees 6,500
Stock Exchange NYSE
Ticker Symbol HEI
Full Company Profile

Financial Performance

In 2022, HEICO's revenue was $2.21 billion, an increase of 18.37% compared to the previous year's $1.87 billion. Earnings were $351.68 million, an increase of 15.60%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for HEI stock is "Buy." The 12-month stock price forecast is $183.8, which is an increase of 13.46% from the latest price.

Price Target
$183.8
(13.46% upside)
Analyst Consensus: Buy
Stock Forecasts

News

HEICO Corporation Reports Record Operating Income and Net Sales for the Second Quarter and First Six Months of Fiscal 2023

2nd Quarter of Fiscal 2023 Net Income up 24% on Record Operating Income, which Increased 28%, and Record Net Sales, which Increased 28% HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / May 22, 2023 / HEICO ...

1 week ago - Accesswire

HEICO Corporation Agrees to Make Major and Highly Complementary Acquisition

HOLLYWOOD, FL and PEACHTREE CITY, GA / ACCESSWIRE / May 15, 2023 / HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) today announced that it entered into an agreement to acquire Wencor Group ("Wencor") from af...

2 weeks ago - Accesswire

HEICO Corporation Announces Regular Quarterly Conference Call

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 end...

3 weeks ago - Accesswire
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HEI Reports First Quarter 2023 Results

HONOLULU--(BUSINESS WIRE)--HEI Reports First Quarter 2023 Results.

3 weeks ago - Business Wire

HEICO Subsidiary Enters Into an Exclusive License and Acquires Key Related Assets for Emergency Locator Product Line

Asset Purchase and Exclusive License for Dukane Seacom subsidiary cements leadership position SARASOTA, FL and HOLLYWOOD, FL / ACCESSWIRE / April 3, 2023 / HEICO Corporation (NYSE:HEI and HEI.A) today...

2 months ago - Accesswire

HEICO Corporation Reports Record Net Sales and Strong Operating Income for the First Quarter of Fiscal 2023

1st Quarter of Fiscal 2023 Operating Income Increased 31% on a Net Sales Increase of 27% HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / February 27, 2023 / HEICO CORPORATION (NYSE:HEI.A)(NYSE:HEI) today r...

3 months ago - Accesswire

This Aerospace & Electronics Company Is A Better Pick Over Textron Stock

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%.

Other symbols: TXT
4 months ago - Forbes

Aerospace Is a Wall Street Fave. Still, There Is Risk.

Boeing, Raytheon, and several other names are buys, according to analysts. But Truist's Michael Ciarmoli warns about rising interest rates.

Other symbols: ASTRBAHWMRTXSPCETDGTGI
4 months ago - Barrons
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HEICO Corporation Completes Previously Agreed Upon Acquisition

HOLLYWOOD, FL and PARIS, FRANCE / ACCESSWIRE / January 5, 2023 / HEICO Corporation (NYSE:HEI.A and HEI) today stated that its Electronic Technologies Group completed its acquisition of Exxelia Interna...

5 months ago - Accesswire

HEICO Corporation Elects Carol F. Fine to Board of Directors

MIAMI, FL / ACCESSWIRE / December 21, 2022 / HEICO Corporation (NYSE:HEI.A and HEI) today announced that its Board of Directors (the "Board") has elected Carol F. Fine to serve on the Company's Board,...

5 months ago - Accesswire

Stocks moving after hours: HEICO, Stitch Fix, American Airlines, fuboTV

Yahoo Finance anchor Seana Smith checks out several stocks trending in the after-hours trading session.

Other symbols: AALFUBOSFIX
5 months ago - Yahoo Finance

HEICO Corporation Reports Record Operating Income and Net Sales for the Fourth Quarter and Full Fiscal Year

4th Quarter of Fiscal 2022 Operating Income Increased 27% on a Net Sales Increase of 20%; Full Fiscal Year 2022 Net Income, Operating Income and Net Sales Set All-Time Records HOLLYWOOD, FL and MIAMI,...

5 months ago - Accesswire
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HEICO Corporation Increases Dividend by 11%; Sets Annual Meeting and Record Dates

Increases semi-annual cash dividend to $.10 per share Sets March 17, 2023 annual meeting date HOLLYWOOD, FL / ACCESSWIRE / December 19, 2022 / HEICO Corporation (NYSE:HEI.A and HEI) today announced th...

5 months ago - Accesswire

VPT's VSC Series of Space COTS Converters Earns Military & Aerospace Electronics Innovators Awards Highest Honor

BLACKSBURG, Va. , Oct. 26, 2022 /PRNewswire/ -- VPT, Inc. (VPT®), a HEICO company (NYSE:HEI.A) (NYSE:HEI), today announced that its VSC Series of DC-DC converters has earned the Military & Aerospace E...

7 months ago - PRNewsWire

HEICO Acquires Leading Electronic Component Radiation Test and Software Company

3D PLUS subsidiary acquires TRAD LABEGE, FRANCE and MIAMI, FL / ACCESSWIRE / October 3, 2022 / HEICO Corporation today announced that its 3D PLUS subsidiary acquired TRAD SAS ("TRAD") for all cash con...

8 months ago - Accesswire

HEICO Corporation Acquires Majority of Growing Niche Technology Component Maker

Partners with the owners and managers of Ironwood Electronics EAGAN, MN and MIAMI, FL / ACCESSWIRE / September 1, 2022 / HEICO Corporation (NYSE:HEI.A and HEI.A) today announced that its Electronic Te...

9 months ago - Accesswire

HEICO Corporation Reports Record Operating Income And Net Sales For The Third Quarter And First Nine Months Of Fiscal 2022

3rd Quarter of Fiscal 2022 Operating Income Increased 28% on a Net Sales Increase of 21% HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / August 29, 2022 / HEICO CORPORATION (NYSE:HEI.A) (NYSE:HEI) today re...

9 months ago - Accesswire

HEICO Corp. Acquires Leading Aircraft Antenna Company

Electronic Technologies Group Acquires Sensor Systems CHATSWORTH, CA and MIAMI, FL / ACCESSWIRE / August 11, 2022 / HEICO Corporation (NYSE:HEI and HEI.A) today announced that its Electronic Technolog...

10 months ago - Accesswire

HEICO Subsidiary Acquires Key Niche RF And Microwave Switch Maker

Marks HEICO's fifth announced acquisition in fiscal 2022 PINELLAS, FL and MIAMI, FL / ACCESSWIRE / August 9, 2022 / HEICO Corporation (NYSE:HEI.A and HEI) today announced that its dB Control subsidiar...

10 months ago - Accesswire

HEICO Corporation Announces Its Largest-ever Acquisition Of Global And Leading Electronic Component Supplier

Electronic Technologies Group has agreed to acquire leading electronic component maker Exxelia MIAMI, FL and PARIS, FRANCE / ACCESSWIRE / July 28, 2022 / HEICO Corporation (NYSE:HEI)(NYSE:HEI.A) today...

11 months ago - Accesswire

VPT Introduces VSC Series of Space COTS Converters

BLACKSBURG, Va. , July 21, 2022 /PRNewswire/ -- VPT, Inc. (VPT®), a HEICO company (NYSE:HEI.A) (NYSE:HEI), introduces the VSC Series of commercial off the shelf (COTS) products intended for "New Space...

11 months ago - PRNewsWire

HEICO Corporation Acquires Advanced Aerospace and Semiconductor Equipment Component Manufacturer

CLEVELAND, OH and MIAMI, FL / ACCESSWIRE / July 19, 2022 / HEICO Corporation (NYSE:HEI.A and HEI) today announced its Flight Support Group has acquired 96% of Accurate Metal Machining, Inc. ("Accurate...

11 months ago - Accesswire

HEICO Corporation Declares 88th Consecutive Semi-Annual Cash Dividend

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / June 20, 2022 / HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) announced today that its Board of Directors approved a semi-annual cash dividend of $.09 per share, ...

1 year ago - Accesswire

HEICO Corporation Reports Record Operating Income for the Second Quarter and First Six Months of Fiscal 2022

2nd Quarter of Fiscal 2022 Net Income up 20% on Record Operating Income, which Increased 27%, and Net Sales, which Increased 15% HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / May 23, 2022 / HEICO CORPORA...

1 year ago - Accesswire

VPT Introduces 120 Volt SGRB DC-DC Converter Featuring GaN Technology

BLACKSBURG, Va. , April 25, 2022 /PRNewswire/ -- VPT, Inc. (VPT®), a HEICO company (NYSE: HEI.A) (NYSE: HEI), announces the availability of its 120 volt SGRB12028S DC-DC Converter.

1 year ago - PRNewsWire