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After finishing at $237.98 in the prior trading day, Heico Corp (NYSE: HEI) closed at $229.60, down -3.52%. In other words, the price has decreased by -$3.52 from its previous closing price. On the day, 0.77 million shares were traded. HEI stock price reached its highest trading level at $238.9 during the session, while it also had its lowest trading level at $228.68.
Ratios:
Our goal is to gain a better understanding of HEI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 171.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 45.24. For the most recent quarter (mrq), Quick Ratio is recorded 1.34 and its Current Ratio is at 3.11. In the meantime, Its Debt-to-Equity ratio is 0.65 whereas as Long-Term Debt/Eq ratio is at 0.64.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on October 15, 2024, initiated with a Neutral rating and assigned the stock a target price of $277.
On August 19, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $250.
Morgan Stanley Upgraded its Underweight to Equal-Weight on June 04, 2024, whereas the target price for the stock was revised from $178 to $225.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 18 ’24 when SCHRIESHEIM ALAN bought 724 shares for $262.94 per share. The transaction valued at 190,368 led to the insider holds 174,878 shares of the business.
MENDELSON VICTOR H bought 726 shares of HEI for $190,894 on Oct 18 ’24. The Co-President now owns 1,234,950 shares after completing the transaction at $262.94 per share. On Oct 18 ’24, another insider, MENDELSON ERIC A, who serves as the Co-President of the company, bought 726 shares for $262.94 each. As a result, the insider paid 190,894 and bolstered with 6,302 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HEI now has a Market Capitalization of 28701607936 and an Enterprise Value of 38450085888. As of this moment, Heico’s Price-to-Earnings (P/E) ratio for their current fiscal year is 62.62, and their Forward P/E ratio for the next fiscal year is 47.28. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.20 while its Price-to-Book (P/B) ratio in mrq is 8.76. Its current Enterprise Value per Revenue stands at 10.171 whereas that against EBITDA is 39.058.
Stock Price History:
The Beta on a monthly basis for HEI is 1.29, which has changed by 0.3948772 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, HEI has reached a high of $283.60, while it has fallen to a 52-week low of $169.70. The 50-Day Moving Average of the stock is -10.60%, while the 200-Day Moving Average is calculated to be -2.75%.
Shares Statistics:
The stock has traded on average 454.35K shares per day over the past 3-months and 449470 shares per day over the last 10 days, according to various share statistics. A total of 54.99M shares are outstanding, with a floating share count of 42.22M. Insiders hold about 69.59% of the company’s shares, while institutions hold 27.58% stake in the company. Shares short for HEI as of 1732838400 were 2424087 with a Short Ratio of 5.11, compared to 1730332800 on 1949907. Therefore, it implies a Short% of Shares Outstanding of 2424087 and a Short% of Float of 5.3600002.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 0.12. The current Payout Ratio is 5.73% for HEI, which recently paid a dividend on 2025-01-03 with an ex-dividend date of 1735862400. Stock splits for the company last occurred on 2018-06-28 when the company split stock in a 125:100 ratio.
