Latest news with #HEI
Yahoo
4 hours ago
- Business
- Yahoo
Reasons to Add HEICO Stock to Your Investment Portfolio Now
HEICO Corporation HEI benefits from its aviation aftermarket services and precise acquisition strategy, which has played an essential part in the company's overall growth. Given its strong growth and debt management, HEI makes for a solid investment option in the Zacks Aerospace Defense Equipment focus on the reasons that make this Zacks Rank #2 (Buy) stock an attractive investment pick at the moment. The Zacks Consensus Estimate for HEI's fiscal 2025 earnings per share (EPS) has increased 1.4% to $4.48 per share over the past 30 Zacks Consensus Estimate for its fiscal 2025 revenues is pegged at $4.34 billion, which implies a rise of 12.5% from the fiscal 2024 reported sales company's long-term (three to five years) earnings growth rate is 17.4%. HEI surpassed expectations in the last four reported quarters and delivered an average earnings surprise of 11.87%. HEICO's return on invested capital (ROIC) has outperformed the industry average in the trailing 12 months. Currently, HEI's ROIC is 9.95% compared with the industry average of 4.43%. The ROIC evaluates a company's ability to earn returns on its investments. Return on equity (ROE) indicates how efficiently a company has been utilizing its shareholders' funds to generate returns. Currently, HEICO's ROE is 15.88% compared to its industry's average of 11.08%. This indicates that the company has been utilizing its funds more constructively than its peers in the industry. HEI's current ratio at the end of the second quarter of fiscal 2025 was 3.43, higher than the industry's average of 1.74. A current ratio greater than one indicates that the company has enough short-term assets to liquidate to cover all short-term liabilities, if necessary. Currently, HEICO's total debt to capital is 36.08%, much better than the industry's average of 52.25%.HEI's times interest earned ratio at the end of the second quarter of fiscal 2025 was 6.6. The ratio, being greater than one, reflects the company's ability to meet future interest obligations without difficulties. In April 2025, Heico bought Rosen Aviation's entire ownership stake. Rosen designs and manufactures in-flight entertainment (IFE) products, principally in-cabin displays and control panels. In February 2025, the company announced that its Flight Support Group had purchased a 90% share in Millennium International, LLC, a supplier of business jet avionics repair solutions that specializes in mission-critical repairs and maintenance for both next-generation and legacy avionics acquisitions strengthen HEICO's position in high-value cockpit avionics, increasing its market footprint, product offerings and aviation aftermarket services. In the past six months, HEI shares have rallied 13.8% against the industry's decline of 4.9%. Image Source: Zacks Investment Research A few other top-ranked stocks from the same industry are Leonardo DRS, Inc. DRS, Curtiss-Wright Corp. CW and Woodward, Inc. WWD, each carrying a Zacks Rank #2 at present. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks long-term earnings growth rate is 14.6%. The Zacks Consensus Estimate for 2025 EPS is pegged at $1.08, which suggests a year-over-year rise of 16.1%.CW's long-term earnings growth rate is 12%. The Zacks Consensus Estimate for 2025 EPS is pegged at $12.61, which implies an improvement of 15.7%.Woodward's long-term earnings growth rate is 13%. The Zacks Consensus Estimate for fiscal 2025 EPS is pegged at $6.22, which indicates year-over-year growth of 1.8%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Curtiss-Wright Corporation (CW) : Free Stock Analysis Report Woodward, Inc. (WWD) : Free Stock Analysis Report Heico Corporation (HEI) : Free Stock Analysis Report Leonardo DRS, Inc. (DRS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
2 days ago
- Business
- Yahoo
Heico Corporation (HEI) Is Up 11.79% in One Week: What You Should Know
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at Heico Corporation (HEI), a company that currently holds a Momentum Style Score of A. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Heico Corporation currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> In order to see if HEI is a promising momentum pick, let's examine some Momentum Style elements to see if this company holds up. A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area. For HEI, shares are up 11.79% over the past week while the Zacks Aerospace - Defense Equipment industry is up 2.72% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 13.78% compares favorably with the industry's 6.3% performance as well. While any stock can see its price increase, it takes a real winner to consistently beat the market. That is why looking at longer term price metrics -- such as performance over the past three months or year -- can be useful as well. Over the past quarter, shares of Heico Corporation have risen 17.26%, and are up 35.25% in the last year. In comparison, the S&P 500 has only moved 0.05% and 13.85%, respectively. Investors should also take note of HEI's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now, HEI is averaging 525,174 shares for the last 20 days. The Zacks Momentum Style Score encompasses many things, including estimate revisions and a stock's price movement. Investors should note that earnings estimates are also significant to the Zacks Rank, and a nice path here can be promising. We have recently been noticing this with HEI. Over the past two months, 7 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost HEI's consensus estimate, increasing from $4.37 to $4.48 in the past 60 days. Looking at the next fiscal year, 6 estimates have moved upwards while there have been no downward revisions in the same time period. Taking into account all of these elements, it should come as no surprise that HEI is a #2 (Buy) stock with a Momentum Score of A. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep Heico Corporation on your short list. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Heico Corporation (HEI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Business Insider
3 days ago
- Business
- Business Insider
Barclays Remains a Hold on HEICO (HEI)
Barclays analyst David E. Strauss maintained a Hold rating on HEICO (HEI – Research Report) on May 30 and set a price target of $280.00. Confident Investing Starts Here: E. Strauss covers the Industrials sector, focusing on stocks such as Boeing, L3Harris Technologies, and ATI. According to TipRanks, E. Strauss has an average return of 9.9% and a 62.93% success rate on recommended stocks. In addition to Barclays, HEICO also received a Hold from Wells Fargo's Matthew Akers in a report issued on May 30. However, on May 29, Jefferies maintained a Buy rating on HEICO (NYSE: HEI). Based on HEICO's latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $1.03 billion and a net profit of $167.96 million. In comparison, last year the company earned a revenue of $896.36 million and had a net profit of $114.7 million Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HEI in relation to earlier this year. Most recently, in April 2025, Julie Neitzel, a Director at HEI sold 700.00 shares for a total of $172,361.00.
Yahoo
28-05-2025
- Business
- Yahoo
HEICO's Q2 Earnings Surpass Estimates, Sales Increase Y/Y
HEICO Corporation's HEI second-quarter fiscal 2025 earnings per share (EPS) of $1.12 beat the Zacks Consensus Estimate of $1.02 by 9.8%. The bottom line also improved 27.3% from the prior-year quarter's 88 cents. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)The year-over-year improvement in the bottom line can be attributed to robust sales growth and higher operating income from the prior-year quarter. The company's net sales increased 14.9% year over year to $1.10 billion. The figure also beat the Zacks Consensus Estimate of $1.06 billion by 3.7%.The year-over-year upside was driven by increased demand across all of Flight Support Group's product lines and sales growth for the space and aerospace products of the Electronic Technologies Group. Heico Corporation price-consensus-eps-surprise-chart | Heico Corporation Quote HEICO's cost of sales increased 13.1% year over year to $660 company's selling, general and administrative (SG&A) expenses rose 16.6% to $189.7 expenses declined 14.7% to $32.9 million from $38.5 million in the prior-year quarter. Flight Support Group: Net sales from this segment surged 18.5% year over year to $767.1 million. This rise was driven by strong organic growth of 14% and the positive impact of its fiscal 2024 and 2025 segment's operating income soared 24.3% year over year to $185 million. This increase was due to solid net sales growth and an improved gross profit Technologies Group: The segment's net sales increased 7.2% to $342.2 million. This rise was driven by strong organic growth of 4% and the positive impact of its fiscal 2024 and 2025 segment's operating income increased 3.5% year over year to $77.9 million. This increase was due to solid net sales growth and SG&A expense efficiencies realized from the net sales growth. As of April 30, 2025, HEI's cash and cash equivalents totaled $242.3 million compared with $162.1 million as of Oct. 31, flow provided by operating activities was $407.7 million during the first half of fiscal 2025, reflecting a 61.3% rise from the prior-year period's reported a long-term debt (net of current maturities) of $2.27 billion as of April 30, 2025, up from $2.23 billion as of Oct. 31, 2024. HEICO currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Lockheed Martin Corporation LMT reported first-quarter 2025 earnings of $7.28 per share, which beat the Zacks Consensus Estimate of $6.34 by 14.8%. The bottom line increased 15% from the year-ago quarter's reported figure of $6.33 per company's net sales were $17.96 billion, which beat the consensus estimate of $17.76 billion by 1.1%. The top line also increased 4.5% from $17.20 billion reported in the year-ago Grumman Corporation NOC reported first-quarter 2025 adjusted earnings of $6.06 per share, which missed the Zacks Consensus Estimate of $6.21 by 2.4%.NOC's total sales of $9.47 billion in the first quarter missed the consensus estimate of $9.91 billion by 4.4%. The top line also declined 6.6% from $10.13 billion reported in the year-ago Corporation's RTX first-quarter 2025 adjusted earnings per share of $1.47 beat the Zacks Consensus Estimate of $1.35 by 8.9%. The bottom line also improved 9.7% from the year-ago quarter's level of $1.34 per share, driven by growth in adjusted segment operating first-quarter sales totaled $20.31 billion, which surpassed the consensus estimate of $19.71 billion by 3%. The top line also surged a solid 5.2% from $19.31 billion recorded in the first quarter of 2024. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Lockheed Martin Corporation (LMT) : Free Stock Analysis Report Northrop Grumman Corporation (NOC) : Free Stock Analysis Report Heico Corporation (HEI) : Free Stock Analysis Report RTX Corporation (RTX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Star
22-05-2025
- General
- The Star
Online classes will ease disruption during road closures, says Higher Education Ministry
PETALING JAYA: All private and public higher education institutions (HEIs) around the Klang Valley have the option of conducting classes either online or face-to-face during the 46th Asean Summit. The Higher Education Ministry said the decision was made after taking into account the implementation of road closures and security controls that will happen around Kuala Lumpur, Selangor and Putrajaya in conjunction with the Summit happening next week. The ministry added that HEIs are asked to review the location, time and date of the routes that will be closed during May 26 to 28 to determine the need for online teaching and learning to ensure staff and students are not affected by traffic congestion. It also said affected students and HEI staff can also contact their respective HEIs to obtain further information. 'The ministry is confident that online teaching and learning will make it easier for staff and students to plan their movements and at the same time ensure that the learning process runs smoothly,' it said in a statement on Thursday (May 22).
