Several brokerages have updated their recommendations and price targets on shares of Heico Corporation (NYSE: HEI) in the last few weeks:

  • 9/27/2017 – Heico Corporation was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $100.00 price target on the stock. According to Zacks, “Heico Corporation is engaged primarily in certain niche segments of the aviation, defense, space and electronics industries through its Hollywood, FL-based HEICO Aerospace Holdings Corp. subsidiary and its Miami, FL-based HEICO Electronic Technologies Corp. subsidiary. HEICO’s customers include a majority of the world’s airlines and airmotives as well as numerous defense and space contractors and military agencies worldwide in addition to telecommunications, electronics and medical equipment manufacturers. “
  • 9/25/2017 – Heico Corporation was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Heico Corporation is engaged primarily in certain niche segments of the aviation, defense, space and electronics industries through its Hollywood, FL-based HEICO Aerospace Holdings Corp. subsidiary and its Miami, FL-based HEICO Electronic Technologies Corp. subsidiary. HEICO’s customers include a majority of the world’s airlines and airmotives as well as numerous defense and space contractors and military agencies worldwide in addition to telecommunications, electronics and medical equipment manufacturers. “
  • 9/21/2017 – Heico Corporation was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $100.00 price target on the stock. According to Zacks, “Heico Corporation is engaged primarily in certain niche segments of the aviation, defense, space and electronics industries through its Hollywood, FL-based HEICO Aerospace Holdings Corp. subsidiary and its Miami, FL-based HEICO Electronic Technologies Corp. subsidiary. HEICO’s customers include a majority of the world’s airlines and airmotives as well as numerous defense and space contractors and military agencies worldwide in addition to telecommunications, electronics and medical equipment manufacturers. “
  • 9/18/2017 – Heico Corporation was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Heico Corporation is engaged primarily in certain niche segments of the aviation, defense, space and electronics industries through its Hollywood, FL-based HEICO Aerospace Holdings Corp. subsidiary and its Miami, FL-based HEICO Electronic Technologies Corp. subsidiary. HEICO’s customers include a majority of the world’s airlines and airmotives as well as numerous defense and space contractors and military agencies worldwide in addition to telecommunications, electronics and medical equipment manufacturers. “
  • 9/14/2017 – Heico Corporation was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $96.00 price target on the stock. According to Zacks, “Heico Corporation is engaged primarily in certain niche segments of the aviation, defense, space and electronics industries through its Hollywood, FL-based HEICO Aerospace Holdings Corp. subsidiary and its Miami, FL-based HEICO Electronic Technologies Corp. subsidiary. HEICO’s customers include a majority of the world’s airlines and airmotives as well as numerous defense and space contractors and military agencies worldwide in addition to telecommunications, electronics and medical equipment manufacturers. “
  • 9/12/2017 – Heico Corporation is now covered by analysts at Seaport Global Securities. They set a “neutral” rating and a $90.00 price target on the stock.
  • 9/9/2017 – Heico Corporation was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Heico Corporation is engaged primarily in certain niche segments of the aviation, defense, space and electronics industries through its Hollywood, FL-based HEICO Aerospace Holdings Corp. subsidiary and its Miami, FL-based HEICO Electronic Technologies Corp. subsidiary. HEICO’s customers include a majority of the world’s airlines and airmotives as well as numerous defense and space contractors and military agencies worldwide in addition to telecommunications, electronics and medical equipment manufacturers. “
  • 9/6/2017 – Heico Corporation was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $96.00 price target on the stock. According to Zacks, “Heico Corporation is engaged primarily in certain niche segments of the aviation, defense, space and electronics industries through its Hollywood, FL-based HEICO Aerospace Holdings Corp. subsidiary and its Miami, FL-based HEICO Electronic Technologies Corp. subsidiary. HEICO’s customers include a majority of the world’s airlines and airmotives as well as numerous defense and space contractors and military agencies worldwide in addition to telecommunications, electronics and medical equipment manufacturers. “
  • 8/30/2017 – Heico Corporation was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Heico Corporation is engaged primarily in certain niche segments of the aviation, defense, space and electronics industries through its Hollywood, FL-based HEICO Aerospace Holdings Corp. subsidiary and its Miami, FL-based HEICO Electronic Technologies Corp. subsidiary. HEICO’s customers include a majority of the world’s airlines and airmotives as well as numerous defense and space contractors and military agencies worldwide in addition to telecommunications, electronics and medical equipment manufacturers. “
  • 8/29/2017 – Heico Corporation was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $94.00 price target on the stock. According to Zacks, “Heico Corporation is engaged primarily in certain niche segments of the aviation, defense, space and electronics industries through its Hollywood, FL-based HEICO Aerospace Holdings Corp. subsidiary and its Miami, FL-based HEICO Electronic Technologies Corp. subsidiary. HEICO’s customers include a majority of the world’s airlines and airmotives as well as numerous defense and space contractors and military agencies worldwide in addition to telecommunications, electronics and medical equipment manufacturers. “
  • 8/29/2017 – Heico Corporation was upgraded by analysts at Bank of America Corporation from a “neutral” rating to a “buy” rating. They now have a $95.00 price target on the stock, up previously from $75.00.
  • 8/29/2017 – Heico Corporation had its “outperform” rating reaffirmed by analysts at Credit Suisse Group. They now have a $98.00 price target on the stock, up previously from $85.00.
  • 8/24/2017 – Heico Corporation was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 8/24/2017 – Heico Corporation had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $89.00 price target on the stock, up previously from $75.00.
  • 8/23/2017 – Heico Corporation had its price target raised by analysts at Canaccord Genuity from $91.00 to $92.00. They now have a “buy” rating on the stock.
  • 8/23/2017 – Heico Corporation was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Heico Corporation is engaged primarily in certain niche segments of the aviation, defense, space and electronics industries through its Hollywood, FL-based HEICO Aerospace Holdings Corp. subsidiary and its Miami, FL-based HEICO Electronic Technologies Corp. subsidiary. HEICO’s customers include a majority of the world’s airlines and airmotives as well as numerous defense and space contractors and military agencies worldwide in addition to telecommunications, electronics and medical equipment manufacturers. “
  • 8/18/2017 – Heico Corporation was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 8/16/2017 – Heico Corporation was downgraded by analysts at Deutsche Bank AG from a “buy” rating to a “hold” rating. They now have a $86.00 price target on the stock, up previously from $80.00.
  • 8/10/2017 – Heico Corporation had its “buy” rating reaffirmed by analysts at Canaccord Genuity. They now have a $91.00 price target on the stock, up previously from $80.00.

Shares of Heico Corporation (NYSE HEI) traded down 3.52% during trading on Tuesday, hitting $87.42. 491,376 shares of the stock traded hands. The firm has a market capitalization of $7.38 billion, a price-to-earnings ratio of 42.81 and a beta of 0.74. Heico Corporation has a 1-year low of $52.56 and a 1-year high of $91.32. The firm has a 50-day moving average of $86.07 and a 200-day moving average of $76.88.

Heico Corporation (NYSE:HEI) last released its earnings results on Wednesday, August 23rd. The aerospace company reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.52 by $0.01. The business had revenue of $391.50 million during the quarter, compared to the consensus estimate of $390.55 million. Heico Corporation had a net margin of 12.04% and a return on equity of 15.56%. The company’s revenue for the quarter was up 9.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.62 EPS. On average, equities analysts forecast that Heico Corporation will post $2.10 earnings per share for the current year.

In other news, VP Thomas S. Irwin sold 20,000 shares of the stock in a transaction on Thursday, September 21st. The shares were sold at an average price of $76.28, for a total transaction of $1,525,600.00. Following the completion of the sale, the vice president now directly owns 31,110 shares in the company, valued at $2,373,070.80. The transaction was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 9.76% of the company’s stock.

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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