Heico Corp [HEI] stock prices are up 1.75% to $229.57 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The HEI shares have gain 3.95% over the last week, with a monthly amount drifted -3.76%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, UBS started tracking the stock with Neutral rating on October 15, 2024, and set its price target to $277. On August 19, 2024, Barclays initiated with a Equal Weight rating and assigned a price target of $250 on the stock. Morgan Stanley upgraded its rating to a Equal-Weight and increased its price target to $225 on June 04, 2024. BofA Securities upgraded its rating to a Buy but $220 remained the price target by the analyst firm on January 25, 2024. Morgan Stanley downgraded its rating to Underweight for this stock on December 20, 2023, and downed its price target to $174. In a note dated December 12, 2023, William Blair initiated an Outperform rating.
The stock price of Heico Corp [HEI] has been fluctuating between $182.47 and $283.60 over the past year. Currently, Wall Street analysts expect the stock to reach $276.8 within the next 12 months. Heico Corp [NYSE: HEI] shares were valued at $229.57 at the most recent close of the market. An investor can expect a potential return of 20.57% based on the average HEI price forecast.
Analyzing the HEI fundamentals
The Heico Corp [NYSE:HEI] reported sales of 3.86B for trailing twelve months, representing a surge of 8.25%. 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 0.07, Equity is 0.15 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 0.62.
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 226.22 points at the first support level, and at 222.86 for the second support level. However, for the 1st resistance point, the stock is sitting at 232.06, and for the 2nd resistance point, it is at 234.54.
Ratios To Look Out For
It’s worth pointing out that Heico Corp [NYSE:HEI]’s Current Ratio is 3.11. Further, the Quick Ratio stands at 1.34, while the Cash Ratio is 0.24. Considering the valuation of this stock, the price to sales ratio is 7.31, the price to book ratio is 8.76 and price to earnings (TTM) ratio is 62.61.
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.
