Latest news with #HeicoCorporation
Yahoo
7 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
Yahoo
27-05-2025
- Business
- Yahoo
Heico (HEI) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Heico Corporation (HEI) reported $1.1 billion in revenue for the quarter ended April 2025, representing a year-over-year increase of 14.9%. EPS of $1.12 for the same period compares to $0.88 a year ago. The reported revenue represents a surprise of +3.72% over the Zacks Consensus Estimate of $1.06 billion. With the consensus EPS estimate being $1.02, the EPS surprise was +9.80%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Heico performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Sales- Electronic Technologies Group (ETG): $342.17 million versus $334.72 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +7.2% change. Net Sales- Flight Support Group (FSG): $767.07 million versus the five-analyst average estimate of $734.76 million. The reported number represents a year-over-year change of +18.5%. Net Sales- Corporate & Intersegment: -$11.42 million compared to the -$13.49 million average estimate based on four analysts. The reported number represents a change of +2.3% year over year. Operating income- Flight Support Group: $184.98 million versus the four-analyst average estimate of $170.16 million. Operating income- Other, primarily corporate: -$14.71 million compared to the -$18.76 million average estimate based on four analysts. Operating income- Electronic Technologies Group: $77.88 million versus the four-analyst average estimate of $81.52 million. View all Key Company Metrics for Heico here>>>Shares of Heico have returned +8.4% over the past month versus the Zacks S&P 500 composite's +5.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. 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
Yahoo
27-05-2025
- Business
- Yahoo
Heico Corporation (HEI) Beats Q2 Earnings and Revenue Estimates
Heico Corporation (HEI) came out with quarterly earnings of $1.12 per share, beating the Zacks Consensus Estimate of $1.02 per share. This compares to earnings of $0.88 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 9.80%. A quarter ago, it was expected that this company would post earnings of $0.93 per share when it actually produced earnings of $1.20, delivering a surprise of 29.03%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Heico , which belongs to the Zacks Aerospace - Defense Equipment industry, posted revenues of $1.1 billion for the quarter ended April 2025, surpassing the Zacks Consensus Estimate by 3.72%. This compares to year-ago revenues of $955.4 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Heico shares have added about 12.8% since the beginning of the year versus the S&P 500's decline of -1.3%. While Heico has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Heico: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $1.08 on $1.09 billion in revenues for the coming quarter and $4.43 on $4.3 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Aerospace - Defense Equipment is currently in the top 20% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, AeroVironment (AVAV), has yet to report results for the quarter ended April 2025. This maker of unmanned aircrafts is expected to post quarterly earnings of $1.44 per share in its upcoming report, which represents a year-over-year change of +234.9%. The consensus EPS estimate for the quarter has been revised 21.7% lower over the last 30 days to the current level. AeroVironment's revenues are expected to be $243.67 million, up 23.7% from the year-ago quarter. 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 AeroVironment, Inc. (AVAV) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
30-03-2025
- Business
- Yahoo
Why Heico Corporation (HEI) Is Surging In 2025?
We recently published a list of . In this article, we are going to take a look at where Heico Corporation (NYSE:HEI) stands against other aerospace stocks that are surging in 2025. The aerospace industry is riding a wave of growth as global conflicts across the world have sparked a surge in demand. This has led to swelling backlogs and a flood of orders from every corner of the globe. Meanwhile, recent administration changes in the United States have shaken things up. European countries are ramping up their aerospace orders and are eager to secure advanced technology. Some nations have hesitated over U.S. orders amid shifting policies, but cancellations seem unlikely since trade wars have simmered down a bit. Beyond geopolitics, the industry is buzzing with other trends. The commercial aviation sector is roaring back with record passenger traffic. This has pushed airlines to modernize fleets with fuel-efficient aircraft. Moreover, AI software is making defense aircraft more potent, and the entire industry has seen a bump in growth. For this article, I screened the best-performing aerospace stocks year-to-date. I will also mention the number of hedge fund investors in these stocks. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A fighter jet in formation, revealing the prowess of the companies defense arm. Number of Hedge Fund Holders In Q4 2024: 67 Heico Corporation (NYSE:HEI) is an aerospace, industrial, defense, and electronics company. The stock is up significantly so far in 2025, as Heico reported record-breaking financial results for Q1 2025. Revenue of $1.03 billion increased 15% year-over-year and exceeded analyst expectations by 5.1%. Net income surged by 46% to $168 million, and EPS of $1.20 beat forecasts by 27%. Operating income rose by 26%, and EBITDA increased by 22% year-over-year to $273.9 million. Heico (NYSE:HEI) also made some acquisitions that boosted the company's financials. The consensus price target of $271.4 implies 0.06% upside. HEI stock is up 15.88% year-to-date. Overall, HEI ranks 14th on our list of aerospace stocks that are surging in 2025. While we acknowledge the potential of HEI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than HEI but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
