Heico (NYSE:HEI.A – Get Free Report) announced its earnings results on Tuesday. The company reported $1.67 earnings per share (EPS) for the quarter, Zacks reports. Heico had a return on equity of 17.52% and a net margin of 16.08%.
Heico Stock Performance
Shares of HEI.A stock opened at $257.31 on Wednesday. The firm has a 50-day moving average of $257.30 and a 200-day moving average of $239.38. The company has a market cap of $35.94 billion, a P/E ratio of 45.95 and a beta of 1.08. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.92 and a quick ratio of 1.36. Heico has a one year low of $199.35 and a one year high of $279.66.
Insider Buying and Selling at Heico
In related news, CAO Bradley K. Rowen sold 1,326 shares of the business’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $241.63, for a total transaction of $320,401.38. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 9.76% of the stock is owned by insiders.
About Heico
Heico Corporation (NYSE: HEI.A) is a diversified aerospace, defense and electronics company headquartered in Hollywood, Florida. The company operates through two primary business segments: the Flight Support Group, which focuses on manufacturing and distributing replacement parts and providing repair and overhaul services for commercial and military aircraft and engines; and the Electronic Technologies Group, which designs and produces high-reliability electronic components, subsystems and sensors for demanding applications.
Products and services include FAA-approved parts and supplemental type certified (STC) solutions, component repair and overhaul, and a range of specialty electronic components and assemblies used in aerospace, defense, space, medical and industrial markets.
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