HEICO Corporation (HEI)
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]
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 "Strong Buy." The 12-month stock price forecast is $202.3, which is a decrease of -1.20% from the latest price.
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...
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...
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...
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...
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...
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.
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,...
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...
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...
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.
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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.
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...
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...
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.
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 (...
HEI Declares Quarterly Dividend of $0.36 Per Share
HONOLULU--(BUSINESS WIRE)--HEI Declares Quarterly Dividend of $0.36 Per Share.
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...
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. ...
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...
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 ...
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...
HEI Reports First Quarter 2023 Results
HONOLULU--(BUSINESS WIRE)--HEI Reports First Quarter 2023 Results.
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...