At the time of writing, Heico Corp. [HEI] stock is trading at $256.56, up 0.60%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The HEI shares have gain 3.99% over the last week, with a monthly amount glided 6.47%, 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 August 19, 2024, when Barclays initiated its Equal Weight rating and assigned the stock a price target of $250. Previously, Morgan Stanley upgraded its rating to Equal-Weight on June 04, 2024, and elevated its price target to $225. On January 25, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $220 on the stock. Morgan Stanley downgraded its rating to a Underweight and decreased its price target to $174 on December 20, 2023. William Blair initiated its recommendation with a Outperform. Stifel started tracking with a Buy rating for this stock on December 01, 2023, and assigned it a price target of $200. In a note dated September 28, 2023, Deutsche Bank initiated an Buy rating and provided a target price of $192 on this stock.
For the past year, the stock price of Heico Corp. fluctuated between $155.42 and $258.84. Currently, Wall Street analysts expect the stock to reach $240.2 within the next 12 months. Heico Corp. [NYSE: HEI] shares were valued at $256.56 at the most recent close of the market. An investor can expect a potential drop of -6.38% based on the average HEI price forecast.
Analyzing the HEI fundamentals
According to Heico Corp. [NYSE:HEI], the company’s sales were 3.78B for trailing twelve months, which represents an 37.26% jump. 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 0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.63.
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 253.35 points at the first support level, and at 250.13 for the second support level. However, for the 1st resistance point, the stock is sitting at 259.41, and for the 2nd resistance point, it is at 262.25.
Ratios To Look Out For
It is important to note that Heico Corp. [NYSE:HEI] has a current ratio of 3.30. In addition, the Quick Ratio stands at 1.47 and the Cash Ratio stands at 0.33. Considering the valuation of this stock, the price to sales ratio is 9.41, the price to book ratio is 10.04 and price to earnings (TTM) ratio is 75.18.
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.
