HEICO

HEICO Corp. engages in the manufacturing of electronic equipment for the aviation, defense, space, medical, telecommunications, and electronics industries. It operates through the Flight Support Group and Electronic Technologies Group segments. The Flight Support Group segment designs, manufactures, repairs, overhauls, and distributes jet engine and aircraft component replacement parts. The Electronic Technologies Group segment designs and manufactures electronic, data and microwave, and electro-optical products, including infrared simulation and test equipment, laser rangefinder receivers, electrical power supplies, back-up power supplies, power conversion products, underwater locator beacons, emergency locator transmission beacons, flight deck annunciators, panels and indicators, electromagnetic and radio frequency interference shielding and filters, high power capacitor charging power supplies, amplifiers, traveling wave tube amplifiers, photo detectors, amplifier modules, microwave power modules, flash lamp drivers, laser diode drivers, arc lamp power supplies, custom power supply designs, cable assemblies, high voltage power supplies, high voltage interconnection devices and wire, high voltage energy generators, high frequency power delivery systems, and memory products. The company was founded in 1957 and is headquartered in Hollywood, FL.

Earnings data Q2 2021

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HEICO achieves record-breaking Q1 results amidst supply chain challenges

HEICO delivered exceptional Q1 2023 results, driven by strong performance in the Flight Support Group and the acquisition of Exxelia International.
While facing challenges from inflation and supply chain disruptions, the company remains well-positioned for growth in both its segments.
Opportunities for M&A and increasing demand for HEICO products offer avenues for further expansion and revenue growth.
Overall, HEICO's strategic focus on key strengths and opportunities positions it for continued success and market leadership.

HEICO achieves record Q2 results, eyes growth through strategic acquisitions

HEICO's Q2 fiscal '23 performance was exceptional, with record-breaking results and strategic acquisitions driving growth.
While facing short-term challenges like increased debt and margin pressures, the company's prudent financial management and market position are strengths.
Opportunities for growth lie in continued net sales expansion, synergies from acquisitions, and market share gains in specialty products.

HEICO reports record Q3 earnings, eyes growth post Wencor acquisition

HEICO's Q3 fiscal '23 performance showcased robust revenue growth, driven by aerospace demand and strategic acquisitions. The company's focus on new product development and margin stability position it well for future growth.
While facing challenges such as inflationary pressures and potential market slowdowns, HEICO remains optimistic about continued net sales growth and synergies from the Wencor acquisition. Managing debt levels while pursuing strategic acquisitions is crucial for long-term success.
Overall, HEICO's strong financial performance, focus on innovation, and strategic acquisitions present opportunities for growth. Navigating challenges such as inflation and market uncertainties will be key to sustaining momentum and capitalizing on future opportunities.

HEICO achieves record-breaking Q4 results, eyes growth in '24

HEICO's Q4 fiscal '23 performance was robust, with record-breaking results and a positive outlook for fiscal '24. The company's focus on quality control, customer satisfaction, and strategic growth initiatives positions it well for future success despite potential challenges.

HEICO reports stellar Q1 results, eyes growth amidst challenges

HEICO's Q1 fiscal '24 performance showcased remarkable growth in operating income, net sales, and cash flow, underpinned by strategic acquisitions and strong market demand.
While challenges like labor market issues and parts availability persist, the company's focus on debt management and growth opportunities positions it for continued success.
Opportunities in R&D, acquisitions, and market share gains present avenues for further expansion and margin improvement, supporting HEICO's growth targets and financial stability.
Overall, HEICO's robust financial performance, coupled with prudent decision-making and market positioning, sets a positive tone for its fiscal '24 outlook and growth prospects.

HEICO reports record Q2 results, eyes growth amid market challenges

HEICO's Q2 fiscal '24 performance reflects robust financial results and operational achievements across its business segments.
While facing challenges in certain markets and supply chain dynamics, the company's strengths in financial management, product focus, and strategic vision position it well for future growth.
With opportunities in expanding markets, R&D innovation, and international travel demand, HEICO remains poised for continued success and market leadership.

HEICO reports record Q3 earnings, eyes growth through strategic acquisitions

HEICO delivered outstanding financial performance in Q3 fiscal '24, with robust operating income, net sales, and EBITDA growth. Despite some challenges in specific business segments, the company remains optimistic about future growth opportunities through strategic acquisitions and sustained product demand.

HEICO reports record Q4 earnings, eyes growth in aviation sectors

HEICO's Q4 2024 performance reflects strong financial growth, operational efficiency, and strategic acquisitions, positioning the company for continued success.
Despite minor challenges, HEICO remains optimistic about future opportunities for growth, driven by market expansion and acquisition strategies.
The company's focus on net sales growth, new product development, and financial strength sets a positive trajectory for fiscal year 2025.
HEICO's proactive approach to acquisitions and market penetration aligns with its goal of sustaining growth and maximizing shareholder value.

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HEICO Corp. engages in the manufacturing of electronic equipment for the aviation, defense, space, medical, telecommunications, and electronics industries. It operates through the Flight Support Group and Electronic Technologies Group segments. The Flight Support Group segment designs, manufactures, repairs, overhauls, and distributes jet engine and aircraft component replacement parts. The Electronic Technologies Group segment focuses on designing and manufacturing electronic, data and microwave, and electro-optical products, including infrared simulation and test equipment, laser rangefinder receivers, electrical power supplies, back-up power supplies, power conversion products, underwater locator beacons, emergency locator transmission beacons, flight deck annunciators, panels and indicators, electromagnetic and radio frequency interference shielding and filters, high power capacitor charging power supplies, amplifiers, traveling wave tube amplifiers, photo detectors, amplifier modules, microwave power modules, flash lamp drivers, laser diode drivers, arc lamp power supplies, custom power supply designs, cable assemblies, high voltage power supplies, high voltage interconnection devices and wire, high voltage energy generators, high frequency power delivery systems, and memory products. The company was founded in 1957 and is headquartered in Hollywood, FL.

A tepid quarter was reported on a difficult day for aerospace stocks.

Why Heico Shares Are Falling Today

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Heico Corporation (HEI) delivered earnings and revenue surprises of 12.50% and 2.36%, respectively, for the quarter ended January 2022. Do the numbers hold clues to what lies ahead for the stock?

Heico Corporation (HEI) Q1 Earnings and Revenues Surpass Estimates

1st Quarter of Fiscal 2022 Net Income up 23% on Operating Income Increase of 23% and Net Sales Increase of 17% HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / February 23, 2022 / HEICO CORPORATION (NYSE:HEI.A)(NYSE:HEI) today reported an increase in net income of 23% to $86.9 million, or $.63 per diluted share, in the first quarter of fiscal 2022, up from $70.6 million, or $.51 per diluted share, in the first quarter of fiscal 2021. While net income, operating income and net sales in the first quarter of fiscal 2022 and 2021 were adversely affected by the COVID-19 global pandemic (the "Pandemic") as discussed below, those impacts have been declining over time.

HEICO Corporation Reports 23% Increase in Quarterly Operating Income and 13% Quarterly Organic Net Sales Growth

Flight Support Group to Acquire Pioneer Industries FARMINGDALE, NY and MIAMI, FL / ACCESSWIRE / February 10, 2022 / HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) today announced its Flight Support Group entered into an agreement to acquire 74% of Pioneer Industries, LLC for cash at closing, plus potential additional cash consideration to be paid if certain post-closing earnings levels are attained. Additional financial details were not disclosed.

HEICO Corporation Agrees To Acquire Leading Specialty Defense Spares Distributor

Sierra Microwave Provides Flight Critical Items GEORGETOWN, TX and MIAMI, FL / ACCESSWIRE / January 11, 2022 / HEICO Corporation today announced that its Sierra Microwave Technology ("Sierra Microwave") subsidiary designed and manufactured flight-critical components in the James Webb Space Telescope (the "JWST"). Sierra is part of HEICO's Electronic Technologies Group.

HEICO Subsidiary Supplies Components on James Webb Space Telescope

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MIAMI, FL and HOLLYWOOD, FL / ACCESSWIRE / January 4, 2022 / HEICO Corporation (NYSE:HEI.A and HEI) announced today that its Annual Shareholders' Meeting will be held on Friday, March 18, 2022. Shareholders of record at the close of business on January 21, 2022 will be entitled to vote at the meeting.

HEICO Corporation Sets Annual Shareholders' Meeting and Record Dates

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HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / December 20, 2021 / HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) announced today that its Board of Directors approved a semi-annual cash dividend of $.09 per share, payable on both classes of its common stock. The cash dividend is payable on January 20, 2022 to shareholders of record as of January 6, 2022.

HEICO Corporation Declares 87th Consecutive Semi-Annual Cash Dividend

HEICO Corporation (HEI) CEO Laurans Mendelson on Q4 2021 Results - Earnings Call Transcript

Heico's (HEI) net sales of $509.4 million in the fiscal fourth quarter beat the Zacks Consensus Estimate by 0.8%.

Heico (HEI) Q4 Earnings Beat Estimates, Sales Increase Y/Y

Heico (NYSE:HEI) reported its Q4 earnings results on Wednesday, December 15, 2021 at 04:15 PM. Here's what investors need to know about the announcement.

Recap: Heico Q4 Earnings

4th Quarter of Fiscal 2021 Net Income up 38% on Operating Income Increase of 29% and Net Sales Increase of 20% HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / December 15, 2021 / HEICO CORPORATION (NYSE:HEI.A)(NYSE:HEI) today reported an increase in net income of 38% to $86.1 million, or $.62 per diluted share, in the fourth quarter of fiscal 2021, up from $62.3 million, or $.45 per diluted share, in the fourth quarter of fiscal 2020. Net income was $304.2 million, or $2.21 per diluted share, in the fiscal year ended October 31, 2021, as compared to $314.0 million, or $2.29 per diluted share, in the fiscal year ended October 31, 2020.

HEICO Corporation Reports a 29% Increase in Quarterly Operating Income and 16% Quarterly Organic Net Sales Growth as the Commercial Aerospace Industry Recovery Continues

Heico (NYSE:HEI) is set to give its latest quarterly earnings report on Wednesday, 2021-12-15. Here's what investors need to know before the announcement.

Earnings Preview For Heico

Heico Corporation (HEI) could produce exceptional returns because of its solid growth attributes.

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BLACKSBURG, Va., Oct. 13, 2021 /PRNewswire/ -- VPT, Inc. (VPT®), a HEICO company (NYSE:HEI.A) (NYSE:HEI), announces the availability of its SVLFL, SVLHF, SVLTR, and SVLSA Series of 50 volt, space-qualified DC-DC converters.

VPT Introduces 50V Input SVL Series of Space DC-DC Converters

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Acquires RF and Microwave Specialist Paciwave in 6th Acquisition this Year SUNNYVALE, CA and MIAMI, FL / ACCESSWIRE / October 4, 2021 / HEICO Corporation (NYSE:HEI.A and HEI) today announced that its dB Control subsidiary acquired 100% of Paciwave, Inc. for cash paid at closing. No further transaction or financial details were disclosed.

HEICO Corporation Subsidiary Acquires Specialized Electronics Company

Heico Corp's (NYSE: HEI) Electronic Technologies Group has acquired 80.1% of the stock of RH Laboratories, Inc. for cash paid at closing. The company did not disclose further terms and financial details of the deal.

Heico Buys 80.1% Of RH Laboratories For Undisclosed Sum

BLACKSBURG, Va., Sept. 29, 2021 /PRNewswire/ -- VPT, Inc. (VPT®), a HEICO company (NYSE:HEI.A) (NYSE:HEI), announces the availability of its SVLFL, SVLHF, SVLTR, and SVLSA Series of 28 volt, space-qualified DC-DC converters.

VPT Adds 28 Volt SVL Series to Space Product Line

Electronic Technologies Group Buys 80.1% of RH Laboratories NASHUA, NH and MIAMI, FL / ACCESSWIRE / September 29, 2021 / HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) today announced that its Electronic Technologies Group acquired 80.1% of the stock of RH Laboratories, Inc. ("RH") for cash paid at closing. RH's founders will continue to own the balance of the company.

HEICO Corp. Acquires Leading RF and Microwave Integrated Assemblies and Component Maker

Heico Corporation (HEI) reported earnings 30 days ago. What's next for the stock?

How Has HEI Performed 30 Days Post Earnings

BofA analyst Ronald Epstein upgraded Heico Corp (NYSE:HEI) to Neutral from Underperform with an unchanged price target of $135, implying an upside of 8.06%. The rating change was after its Q3 results marked the fourth consecutive quarter of sequential topline growth.

News for HEICO Stock (HEI)