What is KeyCorp’s Estimate for Heico FY2027 Earnings?

Heico Corporation (NYSE:HEI) – Stock analysts at KeyCorp issued their FY2027 earnings per share (EPS) estimates for Heico in a research note issued to investors on Tuesday, January 13th. KeyCorp analyst M. Leshock anticipates that the aerospace company will post earnings per share of $6.00 for the year. The consensus estimate for Heico’s current full-year earnings is $4.20 per share.

Other research analysts also recently issued reports about the stock. Wall Street Zen downgraded shares of Heico from a “buy” rating to a “hold” rating in a research report on Saturday, December 27th. Stifel Nicolaus set a $370.00 price objective on Heico and gave the company a “buy” rating in a report on Monday, December 22nd. Royal Bank Of Canada reissued an “outperform” rating and issued a $375.00 target price (up from $350.00) on shares of Heico in a research report on Monday, December 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $375.00 price target (up previously from $355.00) on shares of Heico in a research report on Monday, December 22nd. Finally, Truist Financial lifted their price objective on Heico from $366.00 to $391.00 and gave the stock a “buy” rating in a report on Tuesday, December 23rd. Ten equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, Heico currently has a consensus rating of “Moderate Buy” and an average price target of $360.50.

Heico Stock Performance

NYSE HEI opened at $358.42 on Friday. The company has a market capitalization of $49.95 billion, a PE ratio of 73.00, a price-to-earnings-growth ratio of 3.88 and a beta of 1.03. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.28 and a current ratio of 2.83. Heico has a 52-week low of $216.68 and a 52-week high of $361.69. The company has a 50-day simple moving average of $324.03 and a 200 day simple moving average of $319.68.

Heico (NYSE:HEI) last announced its earnings results on Thursday, December 18th. The aerospace company reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.22 by $0.11. The firm had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.17 billion. Heico had a return on equity of 16.80% and a net margin of 15.39%.The business’s revenue was up 19.3% compared to the same quarter last year. During the same period last year, the firm posted $0.99 EPS.

Heico Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Tuesday, January 20th. Investors of record on Monday, January 5th will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Monday, January 5th. This represents a yield of 7.0%. Heico’s dividend payout ratio is 4.89%.

Insider Buying and Selling

In related news, Director Mark H. Hildebrandt bought 400 shares of the business’s stock in a transaction on Tuesday, October 21st. The stock was acquired at an average price of $248.76 per share, for a total transaction of $99,504.00. Following the purchase, the director directly owned 1,181 shares in the company, valued at $293,785.56. This trade represents a 51.22% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 9.55% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Heico

Several hedge funds have recently bought and sold shares of HEI. Congress Asset Management Co. lifted its stake in Heico by 366.0% in the 2nd quarter. Congress Asset Management Co. now owns 308,457 shares of the aerospace company’s stock worth $101,174,000 after purchasing an additional 242,264 shares in the last quarter. American Century Companies Inc. increased its holdings in shares of Heico by 45.7% in the third quarter. American Century Companies Inc. now owns 769,704 shares of the aerospace company’s stock worth $248,476,000 after purchasing an additional 241,559 shares during the period. Munro Partners purchased a new stake in shares of Heico in the second quarter worth $59,720,000. Balyasny Asset Management L.P. grew its position in Heico by 263.2% during the third quarter. Balyasny Asset Management L.P. now owns 60,469 shares of the aerospace company’s stock worth $19,521,000 after buying an additional 43,821 shares in the last quarter. Finally, AMJ Financial Wealth Management purchased a new stake in shares of Heico in the 2nd quarter valued at about $11,552,000. Hedge funds and other institutional investors own 27.12% of the company’s stock.

About Heico

HEICO Corporation is an aerospace, defense and electronics company that designs, manufactures, and sells a range of products and provides repair and aftermarket services. Headquartered in Hollywood, Florida, HEICO supplies replacement components, repair services and engineered systems for commercial and business aviation, military and space markets as well as for selected industrial and medical customers. The company’s offerings are focused on sustaining and improving the reliability and availability of complex equipment across its end markets.

HEICO operates through two principal business areas.