At the time of writing, Heico Corp [HEI] stock is trading at $273.92, up 3.95%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The HEI shares have gain 4.78% over the last week, with a monthly amount glided 4.18%, 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 October 15, 2024, when UBS initiated its Neutral rating and assigned the stock a price target of $277. Previously, Barclays started tracking the stock with Equal Weight rating on August 19, 2024, and set its price target to $250. On June 04, 2024, upgrade upgraded it’s rating to Equal-Weight and revised its price target to $225 on the stock. BofA Securities upgraded its rating to a Buy but stick to its price target of $220 on January 25, 2024. Morgan Stanley downgraded its rating to a Underweight and reduced its price target to $174 on December 20, 2023. In a note dated December 01, 2023, Stifel initiated an Buy rating and provided a target price of $200 on this stock.
For the past year, the stock price of Heico Corp fluctuated between $163.90 and $269.38. Currently, Wall Street analysts expect the stock to reach $249.18 within the next 12 months. Heico Corp [NYSE: HEI] shares were valued at $273.92 at the most recent close of the market. An investor can expect a potential drop of -9.03% 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 0.64.
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 266.68 points at the first support level, and at 259.44 for the second support level. However, for the 1st resistance point, the stock is sitting at 277.63, and for the 2nd resistance point, it is at 281.34.
Ratios To Look Out For
It is important to note that Heico Corp [NYSE:HEI] has a current ratio of 3.30. As well, the Quick Ratio is 1.47, while the Cash Ratio is 0.33. Considering the valuation of this stock, the price to sales ratio is 8.70, the price to book ratio is 10.72 and price to earnings (TTM) ratio is 80.27.
Transactions by insiders
Recent insider trading involved SCHRIESHEIM ALAN, Director, that happened on Oct 18 ’24 when 724.0 shares were purchased. Co-President, MENDELSON VICTOR H completed a deal on Oct 18 ’24 to buy 726.0 shares. Meanwhile, Co-President MENDELSON ERIC A bought 726.0 shares on Oct 18 ’24.
