HEICO Corporation (HEI)
| Market Cap | 21.70B |
| Revenue (ttm) | 2.97B |
| Net Income (ttm) | 403.60M |
| Shares Out | 121.34M |
| EPS (ttm) | 2.91 |
| PE Ratio | 61.47 |
| Forward PE | 56.71 |
| Dividend | $0.20 (0.11%) |
| Ex-Dividend Date | Jan 3, 2024 |
| Volume | 209,892 |
| Open | 178.87 |
| Previous Close | 179.04 |
| Day's Range | 178.11 - 179.69 |
| 52-Week Range | 149.05 - 191.00 |
| Beta | 1.16 |
| Analysts | Buy |
| Price Target | 199.82 (+11.71%) |
| Earnings Date | Feb 26, 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 12 analysts, the average rating for HEI stock is "Buy." The 12-month stock price forecast is $199.82, which is an increase of 11.71% from the latest price.
News
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.
It's high time to take a look at HEICO Corporation
Analysts note that HEICO Corporation NYSE: HEI benefits from cyclical strength in the commercial aerospace market. This low-yield, high-growth company is growing via demand for "the majority of our co...
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...
HEICO Corporation Announces Regular Quarterly Conference Call
HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / December 5, 2023 / On December 18, 2023 after the NYSE closing, HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) will release its financial results for the fourth qu...
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.
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.
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...
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...
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%.
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...