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Heico Corp Stock Research

HEI

159.67USD-1.15(-0.72%)Market Closed
Watchlist

Market Summary

USD159.67-1.15
Market Closed
-0.72%

HEI Alerts

  • Big jump in Revenue (Y/Y)

HEI Stock Price

HEI RSI Chart

HEI Valuation

Market Cap

8.7B

Price/Earnings (Trailing)

21.98

Price/Sales (Trailing)

3.31

EV/EBITDA

13.27

Price/Free Cashflow

21.7

HEI Price/Sales (Trailing)

HEI Profitability

Operating Margin

39.05%

EBT Margin

21.73%

Return on Equity

13.41%

Return on Assets

7.76%

Free Cashflow Yield

4.61%

HEI Fundamentals

HEI Revenue

Revenue (TTM)

2.6B

Revenue Y/Y

26.93%

Revenue Q/Q

5.1%

HEI Earnings

Earnings (TTM)

397.4M

Earnings Y/Y

23.6%

Earnings Q/Q

-2.95%

Price Action

52 Week Range

138.82182.18
(Low)(High)

Last 7 days

-3.0%

Last 30 days

-3.5%

Last 90 days

-8.1%

Trailing 12 Months

7.3%

HEI Financial Health

Current Ratio

2.93

Debt/Equity

0.26

Debt/Cashflow

0.61

HEI Investor Care

Dividend Yield

0.13%

Dividend/Share (TTM)

0.2

Buy Backs (1Y)

59.77%

Diluted EPS (TTM)

2.87

Historical Charts for Stock Metrics

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

Which funds bought or sold HEI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-21
Jefferies Group LLC
added
22.85
17,776,000
70,647,600
0.59%
2023-09-21
Baystate Wealth Management LLC
unchanged
-
47.00
1,417
-%
2023-09-20
BARCLAYS PLC
added
28.79
5,203,000
20,862,000
0.01%
2023-09-20
BARCLAYS PLC
added
9.58
13,021,000
110,442,000
0.07%
2023-09-12
Farther Finance Advisors, LLC
unchanged
-
18.00
562
-%
2023-09-12
Farther Finance Advisors, LLC
unchanged
-
30.00
885
-%
2023-09-05
Delos Wealth Advisors, LLC
unchanged
-
14.00
422
-%
2023-09-01
DYNAMO INTERNACIONAL GESTAO DE RECURSOS LTDA.
new
-
8,914,460
8,914,460
0.87%
2023-09-01
Portside Wealth Group, LLC
new
-
303,974
303,974
0.06%
2023-08-24
Alberta Investment Management Corp
unchanged
-
29,500
884,700
0.01%

1–10 of 49

Latest Funds Activity

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

Schedule 13G FIlings of Heico

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Feb 13, 2023
capital world investors
6.3%
3,422,555
SC 13G/A
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 09, 2023
vanguard group inc
9.53%
7,824,195
SC 13G/A
Feb 09, 2023
vanguard group inc
6.25%
3,408,048
SC 13G/A
Feb 07, 2023
blackrock inc.
6.2%
5,079,765
SC 13G/A
Jan 24, 2023
blackrock inc.
9.4%
5,120,681
SC 13G/A
Mar 10, 2022
morgan stanley
0.2%
141,547
SC 13G/A

Recent SEC filings of Heico

View All Filings
Date Filed Form Type Document
Sep 14, 2023
4
Insider Trading
Sep 12, 2023
144
Notice of Insider Sale Intent
Aug 30, 2023
10-Q
Quarterly Report
Aug 28, 2023
8-K
Current Report
Aug 10, 2023
8-K
Current Report
Aug 04, 2023
S-3ASR
S-3ASR
Aug 04, 2023
8-K
Current Report
Jul 27, 2023
8-K
Current Report
Jul 24, 2023
8-K
Current Report
Jul 21, 2023
424B5
Prospectus Filed

HEI Fair Value

Loading...

Peers (Alternatives to Heico)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
128.3B
67.4B
-9.00% -2.00%
22.39
1.94
5.03% 50.05%
123.5B
73.6B
-13.51% 42.53%
-29.91
1.75
21.18% 15.27%
48.5B
6.2B
-2.11% 52.76%
42.18
7.76
20.10% 42.03%
15.4B
13.2B
2.69% 27.38%
17.04
1.17
5.57% 12.84%
-
70.6B
-16.81% -13.72%
-
-
8.10% 24.51%
MID-CAP
8.7B
2.6B
-3.49% 7.31%
21.98
3.31
25.29% 16.69%
8.0B
10.9B
-8.17% -14.15%
15.43
0.74
6.30% -11.11%
6.8B
2.3B
1.38% 44.08%
30.28
2.91
7.03% -27.80%
3.0B
584.4M
15.25% 25.24%
-16.76
5.05
28.93% -4109.49%
-
5.4B
-34.00% -38.94%
-
-
20.31% -109.88%
SMALL-CAP
-
2.0B
-3.32% 58.02%
-
-
9.37% 14.61%
-
620.6M
-8.34% 80.97%
-
-
31.15% -93.33%
625.8M
743.4M
-5.58% 5.32%
25.91
0.84
11.66% -81.80%
17.2M
80.6M
0.71% -10.19%
-1.18
0.21
-13.73% -533.17%
526.1M
1.4B
-19.57% -20.93%
6.43
0.39
-3.95% 459.45%

Heico News

Best Stocks
Duality Advisers LP Reduces Stake in HEICO Co. as Director Sells ....
Best Stocks,
3 days ago
Morningstar

Returns for HEI

Cumulative Returns on HEI

19.2%


10-Year Cumulative Returns

24.2%


7-Year Cumulative Returns

12.0%


5-Year Cumulative Returns

14.2%


3-Year Cumulative Returns

Risks for HEI

What is the probability of a big loss on HEI?

39.6%


Probability that Heico stock will be more than 20% underwater in next one year

19.6%


Probability that Heico stock will be more than 30% underwater in next one year.

18.9%


Probability that Heico stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does HEI drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Heico was unfortunately bought at previous high price.

Drawdowns

Financials for Heico

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue6.2%2,6412,4882,3392,2082,1082,0101,9381,8661,7821,6971,6991,7871,9022,0482,0962,0561,9911,9251,8391,7781,722
Cost Of Revenue6.3%1,6121,5161,4231,3461,2811,2201,1791,1381,0981,0541,0561,1051,1731,2491,2661,2421,2001,1651,1211,0871,058
Costs and Expenses6.9%2,0591,9261,8111,7111,6431,5731,5271,4731,4161,3631,3531,4101,4941,5891,6261,5991,5511,5021,4451,4011,360
  S&GA Expenses9.1%447410389366362353348335318309297305322340360357351337324314302
  R&D Expenses8.2%89.0082.0078.0076.0073.0072.0071.0069.0071.0068.0067.0066.0066.0068.0068.0067.0067.0065.0062.0057.0053.00
EBITDA-100.0%-669629594561532506487461428438467496546558543524504472453438
EBITDA Margin-100.0%-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*0.26*0.25*
Interest Expenses48.6%33.0022.0012.006.004.005.006.007.009.0010.0011.0013.0016.0019.0020.0022.0022.0021.0021.0020.0018.00
Earnings Before Taxes2.0%551541517491462434407387360327337365393441453438421403373356344
EBT Margin-100.0%-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*0.20*0.20*
Net Income5.2%397378358352341335321304280258263314337364370328310296273259246
Net Income Margin-100.0%-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*0.15*0.14*
Free Cashflow-100.0%-410432436403378386408409381404386398436439408410378293287272
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets12.0%5,4534,8704,8054,0953,7873,6853,5143,4983,4623,5953,5663,5483,4233,3653,0972,9692,9602,8542,7972,6532,655
  Current Assets41.4%1,9321,3671,3191,1531,0821,0339759371,0311,1631,1491,1661,1411,126825814803803779734728
    Cash Equivalents446.0%69412714314013411712510827038539940739534764.0057.0059.0064.0058.0060.0067.00
  Inventory1.4%732722697582546519504478457463463463473458441420416410406402392
  Net PPE4.1%285274274226203194195194179177178169170171172173173170169155155
  Goodwill-0.2%2,0262,0311,9941,6721,5411,5111,4461,4501,4031,4001,3881,3831,3201,3001,3011,2691,2631,1871,1701,1151,102
Liabilities29.2%2,1501,6651,7201,1209989619149491,0171,2121,2631,3161,2671,2791,0921,0861,1401,0401,0561,0181,091
  Current Liabilities2.6%479467453421346304274295262257235241230256244289269251224282255
  Long Term Debt62.9%1,198736781289244264236235385583669739739739568561639556608532623
Shareholder's Equity3.4%2,9142,8182,6992,6062,4522,3822,3052,2632,1872,1282,0491,9801,9221,8591,7791,6671,6161,6621,6021,3981,430
  Retained Earnings3.6%2,5232,4352,3292,2542,1712,1002,0191,9501,8731,8131,7441,6881,6231,5841,5091,3971,3221,2521,1751,1051,025
  Additional Paid-In Capital1.9%406399389397317311302321316312301300302297288285309310324321317
Accumulated Depreciation3.2%308299289277273267262257252247241232233225219212204198192188180
Shares Outstanding0.0%55.0055.0013755.0013613613654.0013513513554.0013513513554.0013413313353.00133
Minority Interest7.3%45.0042.0045.0042.0040.0038.0037.0034.0033.0032.0031.0030.0030.0031.0031.0028.0026.0011511210596.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations-0.7%444448467468434409415444444413435409423465469437427403326328324
Cashflow From Investing8.0%-746-811-901-395-337-275-178-183-169-180-160-199-111-193-228-280-291-191-205-113-430
Cashflow From Financing130.6%860373455-33.83-225-395-507-558-400-19957.0013822.0012.00-233-159-143-194-126-207124
  Dividend Payments5.6%27.0026.0026.0024.0024.0024.0024.0023.0023.0022.0022.0022.0022.0020.0020.0019.0019.0017.0017.0015.0015.00

HEI Income Statement

2023-07-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - UNAUDITED - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Jul. 31, 2023
Jul. 31, 2022
Jul. 31, 2023
Jul. 31, 2022
Net sales$ 722,902$ 569,528$ 2,031,658$ 1,598,684
Operating costs and expenses:    
Cost of sales444,168348,5911,242,613976,308
Selling, general and administrative expenses129,36792,190353,154272,030
Total operating costs and expenses573,535440,7811,595,7671,248,338
Operating income149,367128,747435,891350,346
Interest expense(12,120)(1,406)(29,561)(3,181)
Other (expense) income9061451,888685
Income before income taxes and noncontrolling interests138,153127,486408,218347,850
Income tax expense25,40034,40077,40067,400
Net income from consolidated operations112,75393,086330,818280,450
Less: Net income attributable to noncontrolling interests10,73010,54630,64825,979
Net income attributable to HEICO$ 102,023$ 82,540$ 300,170$ 254,471
Net income per share attributable to HEICO shareholders:    
Basic (in dollars per share)$ 0.74$ 0.61$ 2.19$ 1.87
Diluted (in dollars per share)$ 0.74$ 0.60$ 2.17$ 1.85
Weighted average number of common shares outstanding:    
Basic (in shares)137,006135,978136,859135,835
Diluted (in shares)138,668137,837138,616137,890

HEI Balance Sheet

2023-07-31
CONDENSED CONSOLIDATED BALANCE SHEETS - UNAUDITED - USD ($)
$ in Thousands
Jul. 31, 2023
Oct. 31, 2022
Current assets:  
Cash and cash equivalents$ 694,263$ 139,504
Accounts receivable, net355,491294,848
Contract assets102,83293,978
Inventories, net731,966582,471
Prepaid expenses and other current assets47,37241,929
Total current assets1,931,9241,152,730
Property, plant and equipment, net285,033225,879
Goodwill2,026,2791,672,425
Intangible assets, net822,545733,327
Other assets387,521311,135
Total assets5,453,3024,095,496
Current liabilities:  
Current maturities of long-term debt16,7771,654
Trade accounts payable139,515116,551
Accrued expenses and other current liabilities315,606290,199
Income taxes payable7,14912,455
Total current liabilities479,047420,859
Long-term debt, net of current maturities1,198,484288,620
Deferred income taxes83,35771,162
Other long-term liabilities389,335338,948
Total liabilities2,150,2231,119,589
Commitments and contingencies
Redeemable noncontrolling interests343,883327,601
Shareholders' equity:  
Preferred Stock, $.01 par value per share; 10,000 shares authorized; none issued00
Capital in excess of par value406,442397,337
Deferred compensation obligation6,3185,297
HEICO stock held by irrevocable trust(6,318)(5,297)
Accumulated other comprehensive loss(16,657)(46,499)
Retained earnings2,523,2122,253,932
Total HEICO shareholders' equity2,914,3672,606,136
Noncontrolling interests44,82942,170
Total shareholders' equity2,959,1962,648,306
Total liabilities and equity5,453,3024,095,496
Class A Common Stock [Member]  
Shareholders' equity:  
Common Stock823821
Heico Common Stock [Member]  
Shareholders' equity:  
Common Stock$ 547$ 545
Laurans A. Mendelson
5600
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, 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 RFI shielding and suppression filters; high-speed interface products; high voltage interconnection devices; high voltage advanced power electronics; power conversion products; and underwater locator beacons and emergency locator transmission beacons. This segment also offers traveling wave tube amplifiers and microwave power modules; three-dimensional microelectronic and stacked memory products; harsh environment connectivity products and custom molded cable assemblies; radio frequency and microwave amplifiers, transmitters, and receivers; communications and electronic intercept receivers and tuners; self-sealing auxiliary fuel systems; active antenna systems; and nuclear radiation detectors. The company serves customers primarily in the aviation, defense, space, medical, telecommunications, and electronics industries. HEICO Corporation was incorporated in 1957 and is headquartered in Hollywood, Florida.