Heico Corporation (NYSE:HEI.A – Get Free Report) Director Adolfo Henriques bought 795 shares of the business’s stock in a transaction that occurred on Thursday, October 8th. The stock was purchased at an average price of $220.30 per share, for a total transaction of $175,138.50. Following the completion of the acquisition, the director owned 24,864 shares in the company, valued at $5,477,539.20. This represents a 3.30% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.
Heico Stock Down 0.7%
NYSE HEI.A traded down $1.62 during mid-day trading on Tuesday, hitting $221.25. The company’s stock had a trading volume of 290,135 shares, compared to its average volume of 319,748. The company’s 50 day simple moving average is $242.77 and its 200 day simple moving average is $237.55. Heico Corporation has a twelve month low of $199.35 and a twelve month high of $279.66. The company has a current ratio of 2.72, a quick ratio of 1.27 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $30.92 billion, a price-to-earnings ratio of 36.81 and a beta of 1.13.
Heico (NYSE:HEI.A – Get Free Report) last announced its quarterly earnings results on Tuesday, August 25th. The company reported $1.67 EPS for the quarter. Heico had a net margin of 16.38% and a return on equity of 18.00%. The business had revenue of $1.41 billion during the quarter. Analysts anticipate that Heico Corporation will post 6.25 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Analysis on Heico
Heico Company Profile
HEICO Corporation is an aerospace, defense, electronics and medical technology company headquartered in Hollywood, Florida. Founded in 1957, the company develops, manufactures and sells products and services used by commercial and business aircraft operators, defense contractors, space and satellite companies, medical equipment manufacturers, telecommunications providers and other industrial customers.
HEICO operates through two principal business groups. Its Flight Support Group produces aircraft replacement parts and related components, including FAA-approved parts, as well as specialty products and services for the aviation industry.
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