The Short-term Rise and Fall of Heico Corp. (HEI) Stock

A share price of Heico Corp. [HEI] is currently trading at $239.39, up 1.06%. An important factor to consider is whether the stock is rising or falling in short-term value. The HEI shares have gain 2.43% over the last week, with a monthly amount glided 5.47%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Heico Corp. [NYSE: HEI] stock has seen the most recent analyst activity on June 04, 2024, when Morgan Stanley upgraded its rating to a Equal-Weight and also boosted its price target to $225 from $178. Previously, BofA Securities upgraded its rating to Buy on January 25, 2024, and kept the price target unchanged to $220. On December 20, 2023, downgrade downgraded it’s rating to Underweight and revised its price target to $174 on the stock. William Blair started tracking the stock assigning a Outperform rating. Stifel initiated its recommendation with a Buy and recommended $200 as its price target on December 01, 2023. Deutsche Bank started tracking with a Buy rating for this stock on September 28, 2023, and assigned it a price target of $192.

Heico Corp. experienced fluctuations in its stock price throughout the past year between $155.42 and $242.98. Currently, Wall Street analysts expect the stock to reach $229.89 within the next 12 months. Heico Corp. [NYSE: HEI] shares were valued at $239.39 at the most recent close of the market. An investor can expect a potential drop of -3.97% based on the average HEI price forecast.

Analyzing the HEI fundamentals

Trailing Twelve Months sales for Heico Corp. [NYSE:HEI] were 3.51B which represents 38.90% growth. Gross Profit Margin for this corporation currently stands at 0.4% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.14 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.71.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 231.68 points at the first support level, and at 223.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 252.97, and for the 2nd resistance point, it is at 266.55.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Heico Corp. [NYSE:HEI] is 3.52. On the other hand, the Quick Ratio is 1.57, and the Cash Ratio is 0.37. Considering the valuation of this stock, the price to sales ratio is 9.44, the price to book ratio is 9.78 and price to earnings (TTM) ratio is 75.40.

Transactions by insiders

Recent insider trading involved MENDELSON ERIC A, Co-President, that happened on Jul 26 ’24 when 20000.0 shares were sold. Co-President, MENDELSON ERIC A completed a deal on Jul 16 ’24 to sell 53510.0 shares. Meanwhile, Co-President MENDELSON ERIC A sold 8864.0 shares on Jul 08 ’24.

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