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HEI $238.94

HEI target price
238.94
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0
HEICO
Type
Public
Traded as NYSE: HEI
NYSE: HEI.A
Russell 1000 Component (HEI)
Industry Aerospace
Defense
Electronics
Founded 1957 as Heinicke Instruments
Founder Dr. William Heinicke
Headquarters Hollywood, Florida, United States
Key people

Laurans A. Mendelson (Chairman, CEO)

Eric A. Mendelson (Co-President)

Victor H. Mendelson (Co-President)
Net income
Increase US$156 million (2016)
Total assets Increase US$2.039 billion (2016)
Total equity Increase US$1.048 billion (2016)
Number of employees
Approximately 5,000 in 58 facilities within the USA, Canada, Europe, the Middle East, and Asia
Website www.heico.com

Laurans A. Mendelson (Chairman, CEO)

Eric A. Mendelson (Co-President)

Based in Hollywood, Florida, HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) is an aerospace and electronics company that focuses on niche markets.

HEICO’s products are found in aircraft, spacecraft, defense equipment, medical equipment, and telecommunications systems. They are an independent provider of FAA-approved aircraft replacement parts; a significant provider of aircraft accessories component repair & overhaul services for avionic, electro-mechanical, flight surface, hydraulic and pneumatic applications; Commercial and Military aircraft parts distribution; and a manufacturer of other aircraft parts.

HEICO’s Electronic Technologies Group designs and manufactures niche electronic, electro-optical, microwave and other components found in aviation, broadcast, defense, homeland security, medical, space, telecom and other equipment used worldwide.

HEICO’s customers include airlines, overhaul shops, satellite manufacturers, commercial and defense equipment producers, medical equipment manufacturers, government agencies, telecommunications equipment suppliers and others.

HEICO's products can be found on large commercial aircraft, regional, business and military aircraft, industrial turbines, medical equipment, rockets, satellites, targeting systems, missiles and electro-optical devices.

Products include:

When it began in 1957, HEICO focused on manufacturing laboratory equipment and after an acquisition in 1974 HEICO focused on replacement parts for commercial aviation as well as providing maintenance and repair services. Since 1990, HEICO has acquired more than sixty specialized businesses and has added an Electronic Technologies Group reporting segment to the established Flight Support Group.

Recent acquisitions include: A2C Air Cost Control, 3D-Plus, SAS, Blue Aerospace LLC, CSI Aerospace, Inc., Switchcraft, Inc and Conxall, Ramona Research, Inc., Action Research Corporation, Lucix Corporation, Reinhold Industries, Inc., Aerospace & Commercial Technologies, LLC, Aeroworks International Holding, B.V., Astroseal Products Mfg. Corporation, Harter Aerospace, LLC, Midwest Microwave Solutions, Inc., Thermal Energy Products, Inc. and Robertson Fuel System, LLC.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q4 2022 2022-12-13 Future report Set alerts
Q3 2022 2022-08-29 0.60 0.60
Q2 2022 2022-05-23 0.62 0.62
Q1 2022 2022-02-23 0.63 0.63
Q4 2021 2021-12-15 0.62 0.62
Q3 2021 2021-08-24 0.56 0.56
Q2 2021 2021-05-25 0.51 0.51
Q1 2021 2021-02-23 0.51 0.51
Q4 2020 2020-12-21 0.45 0.45
Q3 2020 2020-08-25 0.40 0.40

Ratings

2016-05-29 Reiterated Rating Jefferies Group Hold
2016-05-26 Reiterated Rating Canaccord Genuity Buy
2016-05-19 Reiterated Rating Canaccord Genuity Buy
2016-03-03 Reiterated Rating Bank of America Buy $60.00 to $65.00
2016-03-03 Reiterated Rating Bank of America Corp. Buy $60.00 to $65.00
2016-02-29 Boost Price Target Credit Suisse Neutral $56.00 to $60.00
2016-02-29 Boost Price Target Canaccord Genuity Buy $65.00 to $68.00
2016-02-29 Boost Price Target Credit Suisse Group AG Neutral $56.00 to $60.00
2016-02-23 Reiterated Rating Canaccord Genuity Buy
2016-02-18 Boost Price Target Jefferies Group Hold $57.00 to $62.00
2016-01-13 Reiterated Rating Canaccord Genuity Buy $65.00
2016-01-01 Reiterated Rating Canaccord Genuity Buy $65.00
2015-12-28 Upgrade Bank of America Buy
2015-12-22 Upgrade Bank of America Underperform to Buy
2015-12-17 Reiterated Rating Canaccord Genuity Buy $65.00
2015-12-08 Reiterated Rating Canaccord Genuity Buy $65.00
2015-08-27 Lower Price Target Raymond James $67.00 to $64.00
2015-08-27 Boost Price Target Jefferies Group Hold $53.00 to $57.00
2015-08-27 Lower Price Target Canaccord Genuity Buy $68.00 to $65.00
2015-08-27 Lower Price Target Raymond James Financial Inc. $67.00 to $64.00
2015-08-21 Reiterated Rating Canaccord Genuity Buy $68.00
2015-08-13 Reiterated Rating Canaccord Genuity Buy $68.00
2015-07-14 Initiated Coverage CL King Buy $70.00
2015-05-20 Reiterated Rating Canaccord Genuity Buy $68.00
2015-04-06 Reiterated Rating Canaccord Genuity Buy $70.00
2015-02-26 Initiated Coverage Credit Suisse Neutral $59.00
2015-02-25 Reiterated Rating Canaccord Genuity Buy $70.00 to $68.00
2015-01-21 Boost Price Target Canaccord Genuity Buy $62.00 to $70.00
2014-09-05 Downgrade Bank of America Underperform
2014-08-28 Reiterated Rating Canaccord Genuity Buy $65.00 to $62.00
2014-05-22 Lower Price Target Canaccord Genuity Buy $69.00 to $65.00
2014-05-22 Lower Price Target Jefferies Group Hold $61.00 to $59.00
2014-03-10 Upgrade Ned Davis Research Neutral to Buy
2014-02-27 Boost Price Target Canaccord Genuity Buy $66.00 to $69.00
2014-02-27 Boost Price Target DA Davidson $52.00 to $55.00
2014-02-19 Initiated Coverage Canaccord Genuity Buy to Buy $66.00
2014-02-18 Upgrade KeyBanc Hold to Buy $68.00
2014-01-22 Initiated Coverage Topeka Capital Markets Buy
2013-12-23 Downgrade Ned Davis Research Buy to Neutral
2013-12-19 Boost Price Target DA Davidson Buy $48.00 to $52.00
2013-12-19 Boost Price Target Jefferies Group $53.00 to $61.00
2013-12-17 Reiterated Rating Stifel Nicolaus Buy $65.00 to $52.00
2013-11-01 Lower Price Target Jefferies Group Hold $53.00
2013-10-10 Initiated Coverage Jefferies Group Hold $62.00
2013-10-02 Downgrade CRT Capital Buy to Fair Value $58.00 to $72.00
2013-05-29 Reiterated CRT Capital Buy $53 to $57
2013-05-24 Reiterated FBR Capital Mkt Perform $45 to $50
2013-01-04 Initiated Imperial Capital In-line $46
2011-12-19 Reiterated RBC Capital Mkts Outperform $60 to $67
2011-03-31 Downgrade FBR Capital Outperform to Mkt Perform $63
2016-05-29 Reiterated Rating Jefferies Group Hold
2016-05-26 Reiterated Rating Canaccord Genuity Buy
2016-05-19 Reiterated Rating Canaccord Genuity Buy
2016-03-03 Reiterated Rating Bank of America Buy $60.00 to $65.00
2016-03-03 Reiterated Rating Bank of America Corp. Buy $60.00 to $65.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
MENDELSON ERIC A Co- President 3.14%  (842030) HEI /
MENDELSON VICTOR H Co-President 3.05%  (817713) HEI / TRTL /
MENDELSON LAURANS A COB and CEO 0.73%  (194628) HEI /
IRWIN THOMAS S Executive Vice President 0.12%  (31110) HEI /
MAYRHUBER WOLFGANG 0.08%  (21801) HEI /
HENRIQUES ADOLFO 0.05%  (14380) HEI /
Neitzel Julie 0.02%  (6055) HEI /
CULLIGAN THOMAS M 0.02%  (6035) CPSH / HEI /
Macau Carlos L EVP-CFO & Treasurer 0.01%  (3000) HEI /
Harlow William S VP - Corporate Development 0.01%  (2179) HEI /
Schwitter Frank J 0.01%  (2006) HEI /
HIGGINBOTTOM SAMUEL L 0.01%  (1875) HEI /