Heico Corp (NYSE: HEI) is -4.35% lower on its value in year-to-date trading and has touched a low of $169.70 and a high of $283.60 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HEI stock was last observed hovering at around $225.85 in the last trading session, with the day’s gains setting it 1.54%.
Currently trading at $227.39, the stock is -6.40% and -11.09% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.11 million and changing 0.68% at the moment leaves the stock -3.83% off its SMA200. HEI registered 31.49% gain for a year compared to 6-month gain of 0.66%. The firm has a 50-day simple moving average (SMA 50) of $255.7526 and a 200-day simple moving average (SMA200) of $236.44055.
The stock witnessed a -13.78% loss in the last 1 month and extending the period to 3 months gives it a -12.54%, and is -4.35% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.57% over the week and 2.43% over the month.
Heico Corp (HEI) has around 10000 employees, a market worth around $27.50B and $3.86B in sales. Current P/E ratio is 62.02 and Fwd P/E is 47.02. Profit margin for the company is 13.33%. Distance from 52-week low is 34.00% and -19.82% from its 52-week high. The company has generated returns on investments over the last 12 months (8.60%).
The EPS is expected to grow by 15.54% this year
799.0 institutions hold shares in Heico Corp (HEI), with institutional investors hold 91.24% of the company’s shares. The shares outstanding are 54.99M, and float is at 42.22M with Short Float at 5.50%. Institutions hold 70.30% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 4.83 million shares valued at $1.08 billion. The investor’s holdings represent 3.4869 of the HEI Shares outstanding. As of 2024-06-30, the second largest holder is CAPITAL WORLD INVESTORS with 3.74 million shares valued at $836.76 million to account for 2.7041 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 3.71 million shares representing 2.6821 and valued at over $829.95 million, while CAPITAL INTERNATIONAL INVESTORS holds 1.5282 of the shares totaling 2.11 million with a market value of $472.91 million.
Heico Corp (HEI) Insider Activity
The most recent transaction is an insider purchase by SCHRIESHEIM ALAN, the company’s Director. SEC filings show that SCHRIESHEIM ALAN bought 724 shares of the company’s common stock on Oct 18 ’24 at a price of $262.94 per share for a total of $0.19 million. Following the purchase, the insider now owns 0.17 million shares.
Heico Corp disclosed in a document filed with the SEC on Oct 18 ’24 that MENDELSON VICTOR H (Co-President) bought a total of 726 shares of the company’s common stock. The trade occurred on Oct 18 ’24 and was made at $262.94 per share for $0.19 million. Following the transaction, the insider now directly holds 1.23 million shares of the HEI stock.
Still, SEC filings show that on Oct 18 ’24, MENDELSON ERIC A (Co-President) acquired 726 shares at an average price of $262.94 for $0.19 million. The insider now directly holds 6,302 shares of Heico Corp (HEI).
