Zacks Research Has Positive Estimate for Heico Q2 Earnings

Heico Corporation (NYSE:HEIFree Report) – Investment analysts at Zacks Research raised their Q2 2026 EPS estimates for Heico in a research note issued to investors on Thursday, November 13th. Zacks Research analyst Team now forecasts that the aerospace company will earn $1.31 per share for the quarter, up from their prior estimate of $1.28. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Heico’s current full-year earnings is $4.20 per share.

Heico (NYSE:HEIGet Free Report) last announced its quarterly earnings results on Monday, August 25th. The aerospace company reported $1.26 earnings per share for the quarter, topping analysts’ consensus estimates of $1.12 by $0.14. The company had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.11 billion. Heico had a return on equity of 16.29% and a net margin of 14.96%.The business’s quarterly revenue was up 15.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.97 earnings per share.

A number of other analysts have also recently weighed in on the stock. Jefferies Financial Group restated a “buy” rating on shares of Heico in a research note on Monday, August 18th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Heico in a report on Wednesday, November 5th. Truist Financial boosted their target price on shares of Heico from $352.00 to $366.00 and gave the stock a “buy” rating in a research report on Wednesday, August 27th. Royal Bank Of Canada set a $350.00 price target on Heico in a research report on Wednesday, August 27th. Finally, Wall Street Zen upgraded Heico from a “hold” rating to a “buy” rating in a research note on Saturday, August 30th. Ten research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Heico presently has an average rating of “Moderate Buy” and a consensus price target of $346.09.

Read Our Latest Stock Analysis on Heico

Heico Stock Down 0.8%

HEI opened at $311.25 on Monday. Heico has a twelve month low of $216.68 and a twelve month high of $338.92. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.51 and a current ratio of 3.35. The business has a 50 day moving average price of $317.22 and a 200 day moving average price of $309.89. The firm has a market cap of $43.33 billion, a P/E ratio of 68.11, a price-to-earnings-growth ratio of 3.64 and a beta of 1.08.

Institutional Trading of Heico

A number of institutional investors and hedge funds have recently modified their holdings of HEI. Ridgewood Investments LLC raised its stake in shares of Heico by 92.0% in the first quarter. Ridgewood Investments LLC now owns 96 shares of the aerospace company’s stock valued at $26,000 after purchasing an additional 46 shares in the last quarter. Costello Asset Management INC bought a new stake in Heico in the 1st quarter valued at $27,000. Westside Investment Management Inc. raised its stake in shares of Heico by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 86 shares of the aerospace company’s stock valued at $28,000 after buying an additional 43 shares in the last quarter. Greykasell Wealth Strategies Inc. bought a new position in shares of Heico during the 3rd quarter worth about $29,000. Finally, Hazlett Burt & Watson Inc. bought a new position in shares of Heico during the 3rd quarter worth about $31,000. 27.12% of the stock is currently owned by institutional investors.

Insider Activity at Heico

In related news, Director Julie Neitzel acquired 676 shares of the business’s stock in a transaction dated Friday, October 10th. The stock was acquired at an average price of $243.93 per share, with a total value of $164,896.68. Following the completion of the transaction, the director owned 676 shares of the company’s stock, valued at approximately $164,896.68. This represents a ? increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Mark H. Hildebrandt bought 676 shares of Heico stock in a transaction that occurred on Friday, October 10th. The stock was bought at an average price of $243.93 per share, with a total value of $164,896.68. Following the purchase, the director owned 49,423 shares of the company’s stock, valued at $12,055,752.39. This trade represents a 1.39% increase in their position. The SEC filing for this purchase provides additional information. In the last 90 days, insiders have purchased 4,448 shares of company stock worth $1,086,933. Insiders own 9.55% of the company’s stock.

Heico Company Profile

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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.

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Earnings History and Estimates for Heico (NYSE:HEI)

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