Heico Corporation (NYSE:HEI.A – Get Free Report) Director Carol Fine acquired 795 shares of the firm’s stock in a transaction that occurred on Thursday, October 8th. The shares were bought at an average cost of $220.30 per share, for a total transaction of $175,138.50. Following the purchase, the director owned 1,467 shares of the company’s stock, valued at approximately $323,180.10. The trade was a 118.30% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Heico Price Performance
Heico stock traded down $1.62 during midday trading on Tuesday, reaching $221.25. 290,135 shares of the company were exchanged, compared to its average volume of 319,748. The company has a market capitalization of $30.92 billion, a price-to-earnings ratio of 36.81 and a beta of 1.13. The firm’s 50-day simple moving average is $242.77 and its 200-day simple moving average is $237.55. Heico Corporation has a 1 year low of $199.35 and a 1 year high of $279.66. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.27 and a current ratio of 2.72.
Heico (NYSE:HEI.A – Get Free Report) last announced its earnings results on Tuesday, August 25th. The company reported $1.67 earnings per share for the quarter. The firm had revenue of $1.41 billion during the quarter. Heico had a net margin of 16.38% and a return on equity of 18.00%. On average, analysts anticipate that Heico Corporation will post 6.25 EPS for the current year.
Wall Street Analysts Forecast Growth
Get Our Latest Analysis on HEI.A
About Heico
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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