Press coverage about Heico (NYSE:HEI) has been trending somewhat positive on Friday, according to Accern. Accern rates the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Heico earned a news sentiment score of 0.17 on Accern’s scale. Accern also assigned media headlines about the aerospace company an impact score of 45.8262044488576 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s analysis:
- Electromagnetic (EMI) Shielding Market Analysis 2025 – Omega Shielding Products, HEICO Corporation, Schaffner Group (digitaljournal.com)
- Analysts Anticipate Heico Corp (HEI) to Post $0.45 Earnings Per Share (americanbankingnews.com)
- Are Analysts Bullish about HEICO Corporation (NYSE:HEI) after last week? (thecasualsmart.com)
- Sell-Side Predictions in Focus for This Stock: Heico Corporation (NYSE:HEI) (andovercaller.com)
- Heico (HEI) PT Lowered to $84.00 at Canaccord Genuity (americanbankingnews.com)
Several equities analysts recently weighed in on HEI shares. ValuEngine lowered shares of Heico from a “buy” rating to a “hold” rating in a report on Thursday, June 28th. Zacks Investment Research lowered shares of Heico from a “buy” rating to a “hold” rating in a report on Thursday, May 24th. Finally, Canaccord Genuity cut their target price on shares of Heico from $105.00 to $84.00 and set a “buy” rating on the stock in a report on Friday, June 29th. Six analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $71.52.
HEI traded down $0.35 during mid-day trading on Friday, hitting $72.13. The stock had a trading volume of 373 shares, compared to its average volume of 339,239. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.36 and a current ratio of 3.02. The firm has a market cap of $9.70 billion, a PE ratio of 53.43, a price-to-earnings-growth ratio of 3.29 and a beta of 0.68. Heico has a 1-year low of $47.00 and a 1-year high of $77.86.
Heico (NYSE:HEI) last posted its earnings results on Tuesday, May 29th. The aerospace company reported $0.44 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.42 by $0.02. The company had revenue of $430.60 million for the quarter, compared to analyst estimates of $426.47 million. Heico had a net margin of 13.60% and a return on equity of 15.22%. The business’s revenue for the quarter was up 16.8% compared to the same quarter last year. During the same period last year, the business posted $0.42 earnings per share. equities analysts forecast that Heico will post 1.83 EPS for the current fiscal year.
The company also recently announced a Semi-Annual dividend, which will be paid on Thursday, July 19th. Shareholders of record on Wednesday, July 11th will be issued a $0.06 dividend. The ex-dividend date of this dividend is Tuesday, July 10th. Heico’s dividend payout ratio (DPR) is presently 8.15%.
In other news, CEO Laurans A. Mendelson sold 30,000 shares of the stock in a transaction on Monday, June 4th. The shares were sold at an average price of $76.21, for a total transaction of $2,286,300.00. Following the completion of the sale, the chief executive officer now owns 740,910 shares of the company’s stock, valued at $56,464,751.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Laurans A. Mendelson sold 102,701 shares of the stock in a transaction on Friday, June 1st. The stock was sold at an average price of $76.13, for a total transaction of $7,818,627.13. Following the sale, the chief executive officer now directly owns 740,910 shares of the company’s stock, valued at approximately $56,405,478.30. The disclosure for this sale can be found here. Over the last quarter, insiders sold 141,464 shares of company stock worth $10,771,893. Company insiders own 9.88% of the company’s stock.
HEICO Corporation, through its subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic related products and services in the United States and internationally. The company's Flight Support Group segment provides jet engine and aircraft component replacement parts; thermal insulation blankets and parts; renewable/reusable insulation systems; and specialty components for aerospace and industrial original equipment manufacturers, and the United States government.
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