Heico (HEI) Getting Somewhat Positive News Coverage, Study Shows

Media stories about Heico (NYSE:HEI) have been trending somewhat positive this week, Accern Sentiment reports. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Heico earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned news headlines about the aerospace company an impact score of 46.0361317486857 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Shares of Heico (NYSE HEI) traded up $0.68 during trading on Wednesday, hitting $77.51. The stock had a trading volume of 196,485 shares, compared to its average volume of 289,834. Heico has a 1-year low of $50.87 and a 1-year high of $85.47. The firm has a market capitalization of $8,061.68, a P/E ratio of 45.02, a PEG ratio of 3.54 and a beta of 0.78. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.16 and a current ratio of 2.53.

Heico (NYSE:HEI) last announced its quarterly earnings data on Monday, December 18th. The aerospace company reported $0.50 EPS for the quarter, topping the Zacks’ consensus estimate of $0.46 by $0.04. The business had revenue of $421.22 million during the quarter, compared to the consensus estimate of $408.32 million. Heico had a return on equity of 15.70% and a net margin of 12.20%. The business’s revenue for the quarter was up 15.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.52 earnings per share. analysts forecast that Heico will post 2.03 EPS for the current year.

The firm also recently declared a semiannual dividend, which was paid on Wednesday, January 17th. Investors of record on Wednesday, January 3rd were issued a $0.056 dividend. This represents a yield of 0.15%. The ex-dividend date of this dividend was Tuesday, January 2nd. Heico’s dividend payout ratio (DPR) is 6.39%.

A number of brokerages have recently commented on HEI. Jefferies Group set a $90.00 price objective on Heico and gave the stock a “buy” rating in a research report on Wednesday. Canaccord Genuity reissued a “buy” rating and set a $88.00 price objective (up from $76.00) on shares of Heico in a research report on Wednesday, December 20th. They noted that the move was a valuation call. Stephens set a $84.00 price objective on Heico and gave the stock a “hold” rating in a research report on Friday, January 19th. Zacks Investment Research downgraded Heico from a “buy” rating to a “hold” rating in a research report on Friday, December 22nd. Finally, Credit Suisse Group reissued an “outperform” rating and set a $87.20 price objective (up from $78.40) on shares of Heico in a research report on Wednesday, December 20th. They noted that the move was a valuation call. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Heico currently has an average rating of “Buy” and a consensus target price of $82.00.

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Heico Company Profile

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.

Insider Buying and Selling by Quarter for Heico (NYSE:HEI)

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