Heico (NYSE:HEI.A) Posts Earnings Results

Heico (NYSE:HEI.A) announced its quarterly earnings data on Tuesday. The company reported $1.67 EPS for the quarter, Zacks reports. The firm had revenue of $1.41 billion for the quarter. Heico had a net margin of 16.38% and a return on equity of 18.41%.

Heico Stock Performance

Shares of Heico stock opened at $256.70 on Thursday. The company has a current ratio of 2.92, a quick ratio of 1.36 and a debt-to-equity ratio of 0.53. The stock’s fifty day moving average price is $257.46 and its 200-day moving average price is $239.43. Heico has a 12 month low of $199.35 and a 12 month high of $279.66. The firm has a market cap of $35.85 billion, a P/E ratio of 42.71 and a beta of 1.08.

Insider Buying and Selling

In related news, CAO Bradley K. Rowen sold 1,326 shares of the business’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $241.63, for a total transaction of $320,401.38. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 9.76% of the company’s stock.

Heico Company Profile

Heico Corporation (NYSE: HEI.A) is a diversified aerospace, defense and electronics company headquartered in Hollywood, Florida. The company operates through two primary business segments: the Flight Support Group, which focuses on manufacturing and distributing replacement parts and providing repair and overhaul services for commercial and military aircraft and engines; and the Electronic Technologies Group, which designs and produces high-reliability electronic components, subsystems and sensors for demanding applications.

Products and services include FAA-approved parts and supplemental type certified (STC) solutions, component repair and overhaul, and a range of specialty electronic components and assemblies used in aerospace, defense, space, medical and industrial markets.