HEICO Corporation (HEI)

NYSE: HEI · IEX Real-Time Price · USD
204.75
-0.07 (-0.03%)
Apr 24, 2024, 4:00 PM EDT - Market closed
-0.03%
Market Cap 25.11B
Revenue (ttm) 3.24B
Net Income (ttm) 425.27M
Shares Out 122.63M
EPS (ttm) 3.06
PE Ratio 66.91
Forward PE 59.02
Dividend $0.20 (0.10%)
Ex-Dividend Date Jan 3, 2024
Volume 287,526
Open 204.94
Previous Close 204.82
Day's Range 202.37 - 206.38
52-Week Range 153.63 - 206.38
Beta 1.15
Analysts Strong Buy
Price Target 202.30 (-1.2%)
Earnings Date May 20, 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]

Sector Industrials
Founded 1957
Employees 9,600
Stock Exchange NYSE
Ticker Symbol HEI
Full Company Profile

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 Statements

Analyst Forecast

According to 11 analysts, the average rating for HEI stock is "Strong Buy." The 12-month stock price forecast is $202.3, which is a decrease of -1.20% from the latest price.

Price Target
$202.3
(-1.20% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

6 weeks ago - PRNewsWire

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...

2 months ago - Accesswire

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...

2 months ago - PRNewsWire

HEICO Corporation Announces Regular Quarterly Conference Call

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / February 8, 2024 / On February 26, 2024 after the NYSE closing, HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) will release its financial results for the first qua...

2 months ago - Accesswire

HEICO Corporation CEO Laurans A. Mendelson Receives Living Legends of Aviation Award

MIAMI, FL / ACCESSWIRE / January 22, 2024 / HEICO Corporation (NYSE: HEI.A)(NYSE:HEI) today reported that Laurans A. Mendelson, the Company's Chairman & Chief Executive Officer, received the Kenn Ricc...

3 months ago - Accesswire

HEICO Subsidiary Acquires Exclusive License and Key Related Assets for Select Honeywell Display Product Lines

MIRAMAR, FL and HOLLYWOOD, FL / ACCESSWIRE / January 16, 2024 / HEICO Corporation (NYSE:HEI.A) and (NYSE:HEI) today announced its Sunshine Avionics subsidiary entered into an exclusive license and acq...

3 months ago - Accesswire

Lockheed Martin and Heico are top picks within the defense sector, says Degas Wright

Degas Wright, Founder, CEO, and CIO of Decatur Capital, disucsses the outlook for the defense sector and which stocks he's bullish on.

Other symbols: LMT
4 months ago - CNBC Television

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

4th Quarter of Fiscal 2023 Operating Income Increased 29% on a Net Sales Increase of 54%; Full Fiscal Year 2023 Net Income, Operating Income and Net Sales Set All-Time Records HOLLYWOOD, FL and MIAMI,...

4 months ago - Accesswire

HEICO Corporation Declares Cash Dividend; Sets Annual Meeting and Record Dates

$.10 per share cash dividend declared HOLLYWOOD, FL / ACCESSWIRE / December 18, 2023 / HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) today announced that its Board of Directors declared a $0.10 per share c...

4 months ago - Accesswire

VPT, Inc. Earns AS9100D Certification

BLACKSBURG, Va. , Nov. 29, 2023 /PRNewswire/ -- VPT, Inc., a HEICO company (NYSE:HEI.A) (NYSE:HEI), VPT, Inc., a trusted provider of power conversion solutions for aerospace and defense, proudly annou...

5 months ago - PRNewsWire

VPT, Inc. Commemorates 30th Anniversary

BLACKSBURG, Va. , Oct. 25, 2023 /PRNewswire/ -- VPT, Inc., a HEICO company (NYSE:HEI.A) (NYSE:HEI), celebrates its 30th Anniversary this year.

6 months ago - PRNewsWire

20 stocks of aerospace and defense companies expected to grow sales most quickly through 2025

It may seem that Elon Musk owns the space business, with SpaceX's current monopoly on flying U.S. astronauts into orbit and its near-dominance of the satellite launch industry.

8 months ago - Market Watch

HEICO Earnings Beat Estimates. Why The Aerospace Supplier's Stock Is Falling.

The company reported fiscal third-quarter sales of about $723 million. Wall Street was looking for about $702 million.

8 months ago - Barrons

HEICO Corporation Reports Record Net Sales for the Third Quarter of Fiscal 2023

Fiscal 2023 3rd Quarter Net Income up 24% on 16% Operating Income Increase, and Record Net Sales - Which Increased 27% HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / August 28, 2023 / HEICO CORPORATION (N...

8 months ago - Accesswire

Two HEICO Subsidiaries Supply Mission-Critical Parts on India's Chandrayaan Spacecraft

3D PLUS AND Exxelia Design and Made Components HOLLYWOOD, FL and BUC, FRANCE / ACCESSWIRE / August 24, 2023 / HEICO Corporation (NYSE: HEI.A and HEI) today reported that two of its subsidiaries, 3D PL...

8 months ago - Accesswire

VPT Announces Release of SVLFL5000 Series of Space-Qualified DC-DC Converters

BLACKSBURG, Va. , Aug. 17, 2023 /PRNewswire/ -- VPT, Inc. (VPT®), a HEICO company (NYSE:HEI.A) (NYSE:HEI), announces the availability of its SVLFL5000 Series of space-qualified DC-DC converters.

8 months ago - PRNewsWire

HEICO Corporation Completes Wencor Group Acquisition

HOLLYWOOD, FL and PEACHTREE CITY, GA / ACCESSWIRE / August 4, 2023 / HEICO Corporation (NYSE:HEI.A and HEI) today announced that it has completed its previously announced acquisition of Wencor Group (...

9 months ago - Accesswire

HEI Declares Quarterly Dividend of $0.36 Per Share

HONOLULU--(BUSINESS WIRE)--HEI Declares Quarterly Dividend of $0.36 Per Share.

9 months ago - Business Wire

HEICO Corporation Closes $1.2 Billion Investment Grade Senior Notes Offering

HOLLYWOOD, FL / ACCESSWIRE / July 27, 2023 / HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) today announced that it closed an offering of $600 million in aggregate principal amount of 5.250% Senior Notes du...

9 months ago - Accesswire

HEICO Corporation CEO Laurans A. Mendelson to Receive Prestigious Award

Howard Hughes Memorial Award from Aero Club of Southern California LOS ANGELES, CA and MIAMI, FL / ACCESSWIRE / June 21, 2023 / HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) today reported that Laurans A. ...

11 months ago - Accesswire

HEICO Corporation Declares $.10 Semi-Annual Cash Dividend

HOLLYWOOD, FL / ACCESSWIRE / June 12, 2023 / HEICO Corporation (NYSE:HEI.A and HEI) today announced that its Board of Directors declared a $0.10 per share cash dividend payable on all shares of its Cl...

11 months ago - Accesswire

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 year 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...

1 year ago - Accesswire

HEI Reports First Quarter 2023 Results

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

1 year 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...

1 year ago - Accesswire