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In the latest session, Heico Corp. (NYSE: HEI) closed at $225.82 down -0.03% from its previous closing price of $225.89. In other words, the price has decreased by -$0.03 from its previous closing price. On the day, 0.53 million shares were traded. HEI stock price reached its highest trading level at $227.065 during the session, while it also had its lowest trading level at $224.89.
Ratios:
For a deeper understanding of Heico Corp.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 153.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 63.41. For the most recent quarter (mrq), Quick Ratio is recorded 1.57 and its Current Ratio is at 3.52. In the meantime, Its Debt-to-Equity ratio is 0.71 whereas as Long-Term Debt/Eq ratio is at 0.70.
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 the company, Morgan Stanley on June 04, 2024, Upgraded its rating to Equal-Weight and sets its target price to $225 from $178 previously.
On January 25, 2024, BofA Securities Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $220.
Morgan Stanley Downgraded its Equal-Weight to Underweight on December 20, 2023, whereas the target price for the stock was revised from $184 to $174.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jul 08 ’24 when MENDELSON ERIC A sold 8,864 shares for $180.54 per share. The transaction valued at 1,600,294 led to the insider holds 222,401 shares of the business.
MENDELSON ERIC A sold 14,795 shares of HEI for $2,671,338 on Jun 25 ’24. The Co-President now owns 231,265 shares after completing the transaction at $180.56 per share. On Jun 24 ’24, another insider, MENDELSON ERIC A, who serves as the Co-President of the company, sold 2,832 shares for $180.06 each. As a result, the insider received 509,939 and left with 246,060 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 27323090944 and an Enterprise Value of 33882365952. As of this moment, Heico’s Price-to-Earnings (P/E) ratio for their current fiscal year is 71.13, and their Forward P/E ratio for the next fiscal year is 53.48. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.91 while its Price-to-Book (P/B) ratio in mrq is 9.23. Its current Enterprise Value per Revenue stands at 9.65 whereas that against EBITDA is 37.965.
Stock Price History:
The Beta on a monthly basis for HEI is 1.20, which has changed by 0.32453513 over the last 52 weeks, in comparison to a change of 0.23951602 over the same period for the S&P500. Over the past 52 weeks, HEI has reached a high of $232.02, while it has fallen to a 52-week low of $155.42. The 50-Day Moving Average of the stock is 2.82%, while the 200-Day Moving Average is calculated to be 19.40%.
Shares Statistics:
For the past three months, HEI has traded an average of 390.76K shares per day and 400810 over the past ten days. A total of 54.72M shares are outstanding, with a floating share count of 42.25M. Insiders hold about 69.50% of the company’s shares, while institutions hold 27.97% stake in the company. Shares short for HEI as of 1718323200 were 2417078 with a Short Ratio of 5.32, compared to 1715731200 on 1517587. Therefore, it implies a Short% of Shares Outstanding of 2417078 and a Short% of Float of 5.35.
Dividends & Splits
According to the company, the forward annual dividend rate for HEI is 0.21, from 0.2 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0008853867The stock’s 5-year Average Dividend Yield is 0.12. The current Payout Ratio is 6.88% for HEI, which recently paid a dividend on 2024-07-01 with an ex-dividend date of 1719792000. Stock splits for the company last occurred on 2018-06-28 when the company split stock in a 125:100 ratio.
