News articles about Heico (NYSE:HEI) have trended somewhat positive recently, according to Accern. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Heico earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave news articles about the aerospace company an impact score of 46.2864865103792 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media stories that may have effected Accern Sentiment’s analysis:
Heico (NYSE HEI) traded up $0.98 during midday trading on Monday, reaching $97.10. The company had a trading volume of 185,200 shares, compared to its average volume of 254,667. Heico has a twelve month low of $60.00 and a twelve month high of $101.40. The company has a current ratio of 2.53, a quick ratio of 1.16 and a debt-to-equity ratio of 0.54. The company has a market cap of $7,310.00, a PE ratio of 45.37, a price-to-earnings-growth ratio of 3.50 and a beta of 0.73.
Heico (NYSE:HEI) last posted its earnings results on Monday, December 18th. The aerospace company reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.05. Heico had a return on equity of 15.70% and a net margin of 12.20%. The business had revenue of $421.22 million during the quarter, compared to analysts’ expectations of $408.32 million. During the same period in the prior year, the business earned $0.65 EPS. Heico’s revenue for the quarter was up 15.9% compared to the same quarter last year. analysts anticipate that Heico will post 2.62 EPS for the current fiscal year.
The firm also recently announced a semiannual dividend, which will be paid on Wednesday, January 17th. Investors of record on Wednesday, January 3rd will be paid a dividend of $0.07 per share. The ex-dividend date of this dividend is Tuesday, January 2nd. This represents a yield of 0.15%. Heico’s payout ratio is 6.54%.
A number of brokerages recently weighed in on HEI. Canaccord Genuity reiterated a “buy” rating and issued a $110.00 price target (up from $95.00) on shares of Heico in a research report on Wednesday, December 20th. They noted that the move was a valuation call. Zacks Investment Research upgraded shares of Heico from a “hold” rating to a “buy” rating and set a $100.00 price target on the stock in a research report on Wednesday, September 27th. Credit Suisse Group reiterated an “outperform” rating and issued a $109.00 price target (up from $98.00) on shares of Heico in a research report on Wednesday, December 20th. They noted that the move was a valuation call. Stephens set a $104.00 price target on shares of Heico and gave the company a “hold” rating in a research report on Monday, December 18th. Finally, SunTrust Banks increased their price target on shares of Heico to $96.00 and gave the company a “buy” rating in a research report on Monday, December 4th. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Heico has a consensus rating of “Buy” and an average target price of $99.78.
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HEICO Corporation manufactures Federal Aviation Administration (FAA)-approved jet engine and aircraft component replacement parts, other than the original equipment manufacturers (OEMs) and their subcontractors. The Company also manufactures various types of electronic equipment for the aviation, medical, telecommunications and electronics industries.
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