Heico Corp Class A HEI.A
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Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
-
HEICO Corporation Reports Record Net Sales (Up 39%), Operating Income (Up 33%) and Net Income (Up 17%) for the Second Quarter of Fiscal 2024
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HEICO Corporation Announces Regular Quarterly Conference Call
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VPT Announces Release of the New Quad Output, Low Noise SLNP17-100CQ
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VPT Announces Release of the New 1600W, GaN-based SGRBX DC-DC Converter
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Heico to buy aircraft aftermarket company Wencor in $2.1 billion deal
Trading Information
- Previous Close Price
- $172.75
- Day Range
- $172.03–176.48
- 52-Week Range
- $121.76–180.08
- Bid/Ask
- $140.84 / $0.00
- Market Cap
- $24.32 Bil
- Volume/Avg
- 705,648 / 255,688
Key Statistics
- Price/Earnings (Normalized)
- 53.55
- Price/Sales
- 6.98
- Dividend Yield (Trailing)
- 0.11%
- Dividend Yield (Forward)
- 0.11%
- Total Yield
- 0.12%
Company Profile
Heico is an aerospace and defense supplier that focuses on creating niche replacement parts for commercial aircraft and components for defense products. In commercial aerospace, Heico is the largest independent producer of replacement aircraft parts. In the defense market, the company produces niche subcomponents used in targeting technology as well as simulation equipment, among other categories. It operates as two segments: the flight support group,or FSG, and the electronic technologies group, or ETG, both of which supply the aerospace and defense sectors to different degrees. The company is persistently acquisitive, focusing on companies in similar or adjacent markets that are generating strong cash flow with the potential for growth.
- Sector
- Industrials
- Industry
- Aerospace & Defense
- Stock Style Box
- Mid Growth
- Total Number of Employees
- 9,600
- Website
- https://www.heico.com
Competitors
Valuation
|
Metric
|
HEI.A
|
TDG
|
BA
|
|---|---|---|---|
Price/Earnings (Normalized) | 53.55 | 44.14 | — |
Price/Book Value | 7.18 | — | — |
Price/Sales | 6.98 | 10.58 | 1.41 |
Price/Cash Flow | 36.13 | 36.58 | 58.01 |
Price/Earnings
HEI.A
TDG
BA
Financial Strength
|
Metric
|
HEI.A
|
TDG
|
BA
|
|---|---|---|---|
Quick Ratio | 1.46 | 2.46 | 0.28 |
Current Ratio | 3.52 | 3.71 | 1.14 |
Interest Coverage | 5.51 | 2.68 | 0.18 |
Quick Ratio
HEI.A
TDG
BA
Profitability
|
Metric
|
HEI.A
|
TDG
|
BA
|
|---|---|---|---|
Return on Assets (Normalized) | 8.11% | 8.63% | −1.22% |
Return on Equity (Normalized) | 16.21% | — | — |
Return on Invested Capital (Normalized) | 11.53% | 14.75% | 0.74% |
Return on Assets
HEI.A
TDG
BA
Aerospace & Defense Industry Comparables
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|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
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GE
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RTX
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EADSY
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LMT
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BA
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GD
| General Dynamics Corp | Wfrmpwmth | Hzd | $81.2 Bil | |
TDG
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NOC
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BAESY
| BAE Systems PLC ADR | Mynzdlrb | Qpyqv | $53.8 Bil | |
RYCEY
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