HEICO Corporation

Company Profile

HEICO Corporation had its IPO on 2016-01-04 under the ticker symbol HEI-A.

The company operates in the Industrials sector and Aerospace & Defense industry. HEICO Corporation has a staff strength of 6,500 employees.

Stock update

Shares of HEICO Corporation opened at $131.28 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $131.28 - $133.58, and closed at $132.76.

This is a +0.7% increase from the previous day's closing price.

A total volume of 322,463 shares were traded at the close of the day’s session.

In the last one week, shares of HEICO Corporation have slipped by -2.37%.

HEICO Corporation's Key Ratios

HEICO Corporation has a market cap of $19.99 billion, indicating a price to book ratio of 6.8738 and a price to sales ratio of 8.5394.

In the last 12-months HEICO Corporation’s revenue was $2.64 billion with a gross profit of $862.76 million and an EBITDA of $688.39 million. The EBITDA ratio measures HEICO Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, HEICO Corporation’s operating margin was 21.82% while its return on assets stood at 7.8% with a return of equity of 14.48%.

In Q2.3333333333333, HEICO Corporation’s quarterly earnings growth was a positive 23.3% while revenue growth was a positive 26.9%.

HEICO Corporation’s PE and PEG Ratio

Forward PE

40.8163

Trailing PE

46.0979

PEG

3.7813

Its diluted EPS in the last 12-months stands at $2.86 per share while it has a forward price to earnings multiple of 40.8163 and a PEG multiple of 3.7813. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into HEICO Corporation’s profitability.

HEICO Corporation stock is trading at a EV to sales ratio of 8.9075 and a EV to EBITDA ratio of 33.469. Its price to sales ratio in the trailing 12-months stood at 8.5394.

HEICO Corporation stock pays annual dividends of $0.2 per share, indicating a yield of 0.15% and a payout ratio of 6.97%.

Balance sheet and cash flow metrics

Total Assets

$5.45 billion

Total Liabilities

$479.05 million

Operating Cash Flow

$-14399000.00

Capital Expenditure

$12.26 million

Dividend Payout Ratio

6.97%

HEICO Corporation ended 2024 with $5.45 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $5.45 billion while shareholder equity stood at $2.96 billion.

HEICO Corporation ended 2024 with $83.36 million in deferred long-term liabilities, $479.05 million in other current liabilities, 547000.00 in common stock, $2.52 billion in retained earnings and $2.03 billion in goodwill. Its cash balance stood at $694.26 million and cash and short-term investments were $694.26 million. The company’s total short-term debt was $16,777,000 while long-term debt stood at $1.20 billion.

HEICO Corporation’s total current assets stands at $1.93 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $458.32 million compared to accounts payable of $139.52 million and inventory worth $731.97 million.

In 2024, HEICO Corporation's operating cash flow was $-14399000.00 while its capital expenditure stood at $12.26 million.

Comparatively, HEICO Corporation paid $0.07 in dividends in 2024.

Other key metrics

Current Trading Price

$132.76

52-Week High

$144.25

52-Week Low

$109.2797

Analyst Target Price

$145

HEICO Corporation stock is currently trading at $132.76 per share. It touched a 52-week high of $144.25 and a 52-week low of $144.25. Analysts tracking the stock have a 12-month average target price of $145.

Its 50-day moving average was $137.02 and 200-day moving average was $132.75 The short ratio stood at 2.72 indicating a short percent outstanding of 0%.

Around 955.3% of the company’s stock are held by insiders while 9067.8% are held by institutions.