HEI - HEICO Corp Stock Price, Fair Value and News

206.45USD-0.37 (-0.18%)Market Closed

Market Summary

USD206.45-0.37

Market Closed

-0.18%

HEI Alerts

Big jump in Revenue (Y/Y)

HEI Stock Price

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HEI RSI Chart

HEI Valuation

Market Cap

28.5B

Price/Earnings (Trailing)

67.12

Price/Sales (Trailing)

8.8

EV/EBITDA

37.36

Price/Free Cashflow

66.12

HEI Price/Sales (Trailing)

HEI Profitability

Operating Margin

38.74%

EBT Margin

17.68%

Return on Equity

13.02%

Return on Assets

5.8%

Free Cashflow Yield

1.51%

HEI Fundamentals

HEI Revenue

Revenue (TTM)

3.2B

Rev. Growth (Yr)

44.36%

Rev. Growth (Qtr)

-4.28%

HEI Earnings

Earnings (TTM)

425.3M

Earnings Growth (Yr)

23.3%

Earnings Growth (Qtr)

10.9%

Breaking Down HEI Revenue

Last 7 days

5.2%

Last 30 days

8.6%

Last 90 days

12.7%

Trailing 12 Months

25.6%

How does HEI drawdown profile look like?

HEI Financial Health

Current Ratio

3.17

Debt/Equity

0.76

Debt/Cashflow

0.19

HEI Investor Care

Dividend Yield

0.1%

Dividend/Share (TTM)

0.2

Shares Dilution (1Y)

1.18%

Diluted EPS (TTM)

3.06

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	3.2B	0	0	0
2023	2.3B	2.5B	2.6B	3.0B
2022	1.9B	2.0B	2.1B	2.2B
2021	1.7B	1.7B	1.8B	1.9B
2020	2.1B	2.0B	1.9B	1.8B
2019	1.8B	1.9B	2.0B	2.1B
2018	1.6B	1.6B	1.7B	1.8B
2017	1.4B	1.4B	1.5B	1.5B
2016	1.2B	1.3B	1.3B	1.4B
2015	1.1B	1.1B	1.2B	1.2B
2014	1.1B	1.1B	1.1B	1.1B
2013	901.2M	922.6M	963.7M	1.0B
2012	803.3M	835.2M	863.9M	897.3M
2011	655.7M	686.3M	725.3M	764.9M
2010	558.0M	577.7M	597.3M	617.0M
2009	0	0	560.3M	538.3M
2008	0	0	0	582.3M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Which funds bought or sold HEI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 25, 2024	NATIXIS ADVISORS, L.P.	added	16.95	4,633,000	23,247,000	0.05%
Apr 25, 2024	Bank of New York Mellon Corp	added	1.85	3,195,570	39,697,900	0.01%
Apr 25, 2024	FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND	reduced	-6.63	-8,000	2,961,000	0.03%
Apr 25, 2024	Blue Chip Partners, LLC	new	-	177,031	177,031	0.02%
Apr 25, 2024	nVerses Capital, LLC	new	-	210,100	210,100	0.50%
Apr 25, 2024	Verdence Capital Advisors LLC	added	15.73	154,648	771,351	0.07%
Apr 25, 2024	Center for Financial Planning, Inc.	sold off	-100	-125,209	-	-%
Apr 25, 2024	Lindbrook Capital, LLC	added	5.93	3,166	27,313	-%
Apr 25, 2024	Allworth Financial LP	added	11.7	9,733	60,157	-%
Apr 25, 2024	LODESTAR PRIVATE ASSET MANAGEMENT LLC	unchanged	-	42,455	668,500	0.10%

Are Funds Buying or Selling HEI?

Are funds buying HEI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own HEI

No. of Funds

HEI Alerts

Big jump in Revenue (Y/Y)

Unveiling HEICO Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	principal global investors	11.7%	9,776,413	SC 13G/A
Feb 13, 2024	vanguard group inc	9.59%	8,014,958	SC 13G/A
Feb 13, 2024	vanguard group inc	6.62%	3,620,693	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Feb 09, 2024	capital world investors	6.1%	3,361,575	SC 13G/A
Jan 29, 2024	blackrock inc.	6.4%	5,314,429	SC 13G
Jan 24, 2024	blackrock inc.	9.1%	4,994,785	SC 13G/A
Mar 31, 2023	principal global investors	8.92%	7,326,981	SC 13G/A
Feb 15, 2023	principal global investors	8.92%	7,326,981	SC 13G/A
Feb 14, 2023	vulcan value partners, llc	1.68%	1,399,967	SC 13G/A

Recent SEC filings of HEICO Corp

View All Filings

Date Filed	Form Type	Document
Apr 25, 2024	4	Insider Trading
Apr 18, 2024	4	Insider Trading
Apr 10, 2024	4	Insider Trading
Apr 01, 2024	4	Insider Trading
Mar 27, 2024	144	Notice of Insider Sale Intent
Mar 25, 2024	4	Insider Trading
Mar 19, 2024	8-K	Current Report
Mar 18, 2024	144	Notice of Insider Sale Intent
Feb 28, 2024	10-Q	Quarterly Report
Feb 26, 2024	8-K	Current Report

Peers (Alternatives to HEICO Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
BA	102.0B	76.4B	-11.03%	-17.83%	-47.43	1.33	8.37%	47.92%
GD	78.0B	43.1B	2.36%	32.62%	23.05	1.81	8.09%	-0.18%
LHX	40.8B	19.4B	-1.79%	6.59%	33.23	2.1	13.81%	15.54%
HEI	28.5B	3.2B	8.58%	25.63%	67.12	8.8	38.68%	18.86%
HWM	27.2B	6.6B	-4.21%	52.79%	35.61	4.1	17.25%	63.11%
AXON	23.2B	1.6B	-3.96%	41.81%	133.15	14.84	31.38%	18.41%
HII	11.0B	11.5B	-4.80%	38.08%	16.11	0.96	7.29%	17.62%
MID-CAP
CW	9.7B	2.8B	0.96%	51.99%	27.38	3.41	11.28%	20.44%
BWXT	8.8B	2.5B	-5.56%	49.42%	35.64	3.51	11.80%	3.22%
AVAV	4.4B	705.8M	3.25%	56.27%	-41.58	6.29	44.89%	-1159.76%
SMALL-CAP
DCO	789.7M	757.0M	9.19%	8.01%	49.58	1.04	6.24%	-44.67%
SPCE	356.0M	6.8M	-38.13%	-73.04%	-0.71	52.36	194.12%	-0.44%
ISSC	111.9M	37.6M	-11.19%	1.26%	17.52	2.98	36.42%	25.49%
CODA	75.4M	642.5K	20.45%	-11.61%	32.01	106.77	-97.11%	-47.43%
ASTC	15.9M	2.0M	6.58%	-8.74%	-1.55	8.01	371.33%	-13.01%

HEICO Corp News

Latest updates

HEICO Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-4.3%	896	936	723	688	621	610	570	539	490	509	472	467	418	426	386	468	506	542	532	516	466
Cost Of Revenue	-3.9%	550	572	444	421	377	369	349	328	300	305	287	287	259	264	243	289	308	332	319	306	284
Costs and Expenses	-4.1%	716	747	574	531	491	463	441	416	392	394	371	370	338	337	318	360	395	421	413	396	368
S&GA Expenses	-4.8%	167	175	129	109	114	94.00	92.00	88.00	91.00	89.00	84.00	83.00	78.00	73.00	75.00	71.00	87.00	89.00	93.00	90.00	84.00
R&D Expenses	-8.0%	25.00	27.00	25.00	23.00	20.00	19.00	19.00	19.00	20.00	16.00	18.00	18.00	18.00	17.00	15.00	17.00	16.00	17.00	17.00	17.00	17.00
EBITDA Margin	-0.4%	0.25*	0.26*	0.26*	0.27*	0.27*	0.27*	0.27*	0.26*	0.26*	0.26*	0.26*	0.25*	0.26*	0.26*	0.26*	0.27*	0.27*	0.26*	0.26*	0.26*	0.26*
Interest Expenses	-11.1%	39.00	43.00	12.00	11.00	6.00	3.00	1.00	1.00	1.00	1.00	2.00	2.00	2.00	3.00	3.00	4.00	4.00	5.00	6.00	5.00	5.00
Income Taxes	-49.9%	17.00	34.00	25.00	31.00	21.00	33.00	34.00	29.00	4.00	21.00	16.00	19.00	2.00	19.00	9.00	24.00	-22.90	23.00	25.00	26.00	4.00
Earnings Before Taxes	-3.3%	142	147	138	146	124	143	127	122	98.00	114	99.00	95.00	79.00	87.00	66.00	105	107	115	114	116	92.00
EBT Margin	-5.5%	0.18*	0.19*	0.21*	0.22*	0.22*	0.22*	0.22*	0.22*	0.21*	0.21*	0.20*	0.19*	0.20*	0.20*	0.21*	0.22*	0.22*	0.21*	0.21*	0.21*	0.20*
Net Income	10.9%	115	103	102	105	93.00	97.00	83.00	85.00	87.00	86.00	77.00	71.00	71.00	62.00	54.00	75.00	122	86.00	81.00	82.00	79.00
Net Income Margin	-3.6%	0.13*	0.14*	0.15*	0.15*	0.15*	0.16*	0.16*	0.17*	0.17*	0.16*	0.16*	0.15*	0.15*	0.18*	0.18*	0.18*	0.18*	0.16*	0.16*	0.15*	0.15*
Free Cashflow	-26.2%	98.00	133	134	67.00	66.00	136	141	89.00	69.00	104	116	96.00	92.00	105	88.00	119	74.00	117	126	122	44.00

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	2.0%	7,336	7,195	5,453	4,870	4,805	4,095	3,787	3,685	3,514	3,498	3,462	3,595	3,566	3,548	3,423	3,365	3,097	2,969	2,960	2,854	2,797
Current Assets	3.1%	1,912	1,855	1,932	1,367	1,319	1,153	1,082	1,033	975	937	1,031	1,163	1,149	1,166	1,141	1,126	825	814	803	803	779
Cash Equivalents	14.8%	196	171	694	127	143	140	134	117	125	108	270	385	399	407	395	347	64.00	57.00	59.00	64.00	58.00
Inventory	5.4%	1,069	1,014	732	722	697	582	546	519	504	478	457	463	463	463	473	458	441	420	416	410	406
Net PPE	1.8%	328	322	285	274	274	226	203	194	195	194	179	177	178	169	170	171	172	173	173	170	169
Goodwill	0.5%	3,290	3,274	2,026	2,031	1,994	1,672	1,541	1,511	1,446	1,450	1,403	1,400	1,388	1,383	1,320	1,300	1,301	1,269	1,263	1,187	1,170
Liabilities	0.5%	3,654	3,637	2,150	1,665	1,720	1,120	998	961	914	949	1,017	1,212	1,263	1,316	1,267	1,279	1,092	1,086	1,140	1,040	1,056
Current Liabilities	-9.2%	604	665	479	467	453	421	346	304	274	295	262	257	235	241	230	256	244	289	269	251	224
Long Term Debt	1.4%	2,496	2,460	1,198	736	781	289	244	264	236	235	385	583	669	739	739	739	568	561	639	556	608
Shareholder's Equity	3.8%	3,266	3,146	2,914	6.00	45.00	2,254	1.00	5.00	1.00	1.00	2,187	1.00	301	30.00	1,623	1,584	288	285	309	1,662	1,602
Retained Earnings	3.8%	2,705	2,606	2,523	2,435	2,329	2,254	2,171	2,100	2,019	1,950	1,873	1,813	1,744	1,688	1,623	1,584	1,509	1,397	1,322	1,252	1,175
Additional Paid-In Capital	1.2%	586	579	406	399	389	397	317	311	302	321	316	312	301	300	302	297	288	285	309	310	324
Accumulated Depreciation	4.3%	326	313	308	299	289	277	273	267	262	257	252	247	241	232	233	225	219	212	204	198	192
Shares Outstanding	0.8%	138	137	55.00	55.00	137	136	136	136	136	135	135	135	135	135	135	135	135	134	134	133	133
Minority Interest	6.5%	50.00	47.00	45.00	42.00	45.00	42.00	40.00	38.00	37.00	34.00	33.00	32.00	31.00	30.00	30.00	31.00	31.00	28.00	26.00	115	112
Float	-	-	-	-	18,670	-	-	-	15,872	-	-	-	-	-	-	-	-	-	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-24.8%	111,652	148,378	145,921	77,750	76,686	143,946	149,157	96,773	77,980	109,981	123,991	102,913	107,199	110,154	93,089	124,746	81,136	123,979	135,146	128,687	49,566
Cashflow From Investing	96.3%	-71,139	-1,910,278	-14,399	-33,810	-525,980	-172,478	-79,396	-123,996	-19,959	-114,564	-16,843	-26,776	-25,271	-101,036	-27,102	-7,351	-63,554	-13,629	-109,317	-42,126	-115,574
Cashflow From Financing	-101.3%	-16,729	1,240,968	435,316	-60,410	449,175	36,257	-51,985	21,815	-39,920	-155,745	-221,806	-90,010	-91,407	3,118	-20,927	165,767	-10,215	-112,540	-31,010	-79,732	63,562
Dividend Payments	-	13,831	-	13,702	-	13,668	-	12,239	-	12,227	-	12,184	-	10,818	-	10,790	-	10,762	-	9,386	-	9,305

HEI Income Statement

2024-01-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - UNAUDITED - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Jan. 31, 2024	Jan. 31, 2023
Net sales	$ 896,363	$ 620,915
Operating costs and expenses:
Cost of sales	549,594	377,116
Selling, general and administrative expenses	166,559	114,365
Total operating costs and expenses	716,153	491,481
Operating income	180,210	129,434
Interest expense	(38,607)	(6,068)
Other (expense) income	679	639
Income before income taxes and noncontrolling interests	142,282	124,005
Income tax expense	16,800	21,000
Net income from consolidated operations	125,482	103,005
Less: Net income attributable to noncontrolling interests	10,784	9,978
Net income attributable to HEICO	$ 114,698	$ 93,027
Net income per share attributable to HEICO shareholders:
Basic (in dollars per share)	$ 0.83	$ 0.68
Diluted (in dollars per share)	$ 0.82	$ 0.67
Weighted average number of common shares outstanding:
Basic (in shares)	138,265	136,655
Diluted (in shares)	139,893	138,579

HEI Balance Sheet

2024-01-31

CONDENSED CONSOLIDATED BALANCE SHEETS - UNAUDITED - USD ($) $ in Thousands	Jan. 31, 2024	Oct. 31, 2023
Current assets:
Cash and cash equivalents	$ 196,323	$ 171,048
Accounts receivable, net	471,697	509,075
Contract assets	108,888	111,702
Inventories, net	1,068,735	1,013,680
Prepaid expenses and other current assets	66,716	49,837
Total current assets	1,912,359	1,855,342
Property, plant and equipment, net	327,661	321,848
Goodwill	3,290,494	3,274,327
Intangible assets, net	1,365,682	1,357,281
Other assets	439,873	386,265
Total assets	7,336,069	7,195,063
Current liabilities:
Current maturities of long-term debt	4,739	17,801
Trade accounts payable	194,894	205,893
Accrued expenses and other current liabilities	381,837	433,101
Income taxes payable	22,625	8,547
Total current liabilities	604,095	665,342
Long-term debt, net of current maturities	2,495,726	2,460,277
Deferred income taxes	128,203	131,846
Other long-term liabilities	425,541	379,640
Total liabilities	3,653,565	3,637,105
Commitments and contingencies
Redeemable noncontrolling interests	365,865	364,807
Shareholders' equity:
Preferred Stock	0	0
Additional Paid in Capital	585,888	578,809
Deferred Compensation Obligation	6,318	6,318
Common Stock Issued, Employee Stock Trust	(6,318)	(6,318)
Accumulated Other Comprehensive Income (Loss), Net of Tax	(25,962)	(40,180)
Retained Earnings (Accumulated Deficit)	2,705,128	2,605,984
Total HEICO shareholders' equity	3,266,438	3,145,995
Noncontrolling interests	50,201	47,156
Total shareholders' equity	3,316,639	3,193,151
Total liabilities and equity	7,336,069	7,195,063
Heico Common Stock [Member]
Shareholders' equity:
Common Stock	548	547
Class A Common Stock [Member]
Shareholders' equity:
Common Stock	$ 836	$ 835

About HEICO Corp

HEICO Corporation, through its subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic related products and services. 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, and general aviation markets; and offers repair and overhaul services for jet engine and aircraft component parts, avionics, instruments, composites, and flight surfaces of commercial aircraft, as well as for avionics and navigation systems, subcomponents, and other instruments utilized on military aircraft. Its Electronic Technologies Group segment provides electro-optical infrared simulation and test equipment; electro-optical laser products; electro-optical, microwave, and other power equipment; electromagnetic and radio frequency (RF) interference shielding and suppression filters; power conversion and interface products; interconnection devices; power electronics; and underwater locator beacons and emergency locator transmission beacons. This segment also offers traveling wave tube amplifiers and microwave power modules; memory products and specialty semiconductors; harsh environment connectivity products and custom molded cable assemblies; RF and microwave products; communications and electronic intercept receivers and tuners; self-sealing auxiliary fuel systems; active antenna systems and airborne antennas; nuclear radiation detectors; silicone products; power amplifiers; ceramic-to-metal feedthroughs and connectors; technical surveillance countermeasures equipment; RF receivers and sources; embedded computing solutions; test sockets and adapters; and radiation assurance services. The company was founded in 1957 and is headquartered in Hollywood, Florida.

CEO	Mr. Laurans A. Mendelson
WEBSITE	heico.com
INDUSTRY	Aerospace & Defense
EMPLOYEES	6500

HEICO Corp Frequently Asked Questions

What is the ticker symbol for HEICO Corp? What does HEI stand for in stocks?

HEI is the stock ticker symbol of HEICO Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of HEICO Corp (HEI)?

As of Thu Apr 25 2024, market cap of HEICO Corp is 28.6 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of HEI stock?

You can check HEI's fair value in chart for subscribers.

What is the fair value of HEI stock?

You can check HEI's fair value in chart for subscribers. The fair value of HEICO Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of HEICO Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for HEI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is HEICO Corp a good stock to buy?

The fair value guage provides a quick view whether HEI is over valued or under valued. Whether HEICO Corp is cheap or expensive depends on the assumptions which impact HEICO Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for HEI.

What is HEICO Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, HEI's PE ratio (Price to Earnings) is 67.24 and Price to Sales (PS) ratio is 8.82. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. HEI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on HEICO Corp's stock?

In the past 10 years, HEICO Corp has provided 0.223 (multiply by 100 for percentage) rate of return.