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.

Defense supplier Heico closes in on a buy point near record highs. Warren Buffett, Berkshire Hathaway loaded up on shares in Q2.

Warren Buffett Pick Heico Nears A Buy Point Amid 45% Rally

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BAESY or HEI: Which Is the Better Value Stock Right Now?

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MIAMI, FL, PARIS, FRANCE, and CHENNAI, INDIA / ACCESSWIRE / November 4, 2024 / HEICO Corporation today announced that its Paris, France-based Exxelia subsidiary acquired 70% of SVM Private Limited ("SVM") for cash paid at closing. Exxelia is part of HEICO's Electronic Technologies Group.

HEICO Corporation Subsidiary Acquires Specialty Component Maker in India

Heico (HEI) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Heico (HEI) Loses -5.9% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Here is how Heico Corporation (HEI) and Teledyne Technologies (TDY) have performed compared to their sector so far this year.

Is Heico (HEI) Stock Outpacing Its Aerospace Peers This Year?

Heico (HEI) is well positioned to outperform the market, as it exhibits above-average growth in financials.

3 Reasons Growth Investors Will Love Heico (HEI)

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MIAMI, FL and DERBY, KS / ACCESSWIRE / October 21, 2024 / HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) today announced that its Electronic Technologies Group acquired approximately 88% of Mid Continent Controls, Inc. ("MC2") for cash at closing. Key MC2 managers will continue to own the balance of the company.

HEICO Corporation Acquires Leading Business Jet In-Cabin Component Maker

Heico (HEI) possesses solid growth attributes, which could help it handily outperform the market.

Here is Why Growth Investors Should Buy Heico (HEI) Now

HEI signs a deal to acquire Marway Power Solutions for cash. This deal expands HEICO's power distribution solution capacity.

HEICO Buys Marway Power, Widens Power Distribution Solution Capacity

SANTA ANA, CA and MIAMI, FL / ACCESSWIRE / October 1, 2024 / HEICO Corporation (NYSE:HEI) and (NYSE:HEI.A) today announced that its Electronic Technologies Group acquired 92.5% of Marway Power Solutions, Inc. ("Marway") for cash at closing. The balance of the company's ownership will continue to be held by its executive management.

HEICO Corporation Acquires Leading Power Distribution Systems Maker

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BAESY vs. HEI: Which Stock Should Value Investors Buy Now?

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

Heico (HEI) Up 7.4% Since Last Earnings Report: Can It Continue?

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HEICO Corporation (NYSE:HEI ) Q3 2024 Earnings Conference Call August 27, 2024 9:00 AM ET Company Participants Laurans Mendelson - Chairman & CEO Eric Mendelson - Co-President & President of Flight Support Group Victor Mendelson - Co-President & President of Electronic Technologies Group Carlos Macau - EVP & CFO Conference Call Participants Robert Spingarn - Melius Research Bert Subin - Stifel Larry Solow - CJS Securities Peter Arment - Baird David Strauss - Barclays Pete Skibitski - Alembic Global Louis Raffetto - Wolfe Research Kenneth Herbert - RBC Capital Markets Sheila Kahyaoglu - Jefferies Michael Ciarmoli - Truist Securities Gautam Khanna - TD Cowen Tony Bancroft - Gabelli Funds Operator Welcome to the HEICO Corporation Third Quarter 2024 Financial Results Call. My name is Samara, and I will be your operator for today's call.

HEICO Corporation (HEI) Q3 2024 Earnings Call Transcript

Shares of Warren Buffett-backed Heico (HEI) edged higher Tuesday after the aircraft parts and electronics supplier posted better-than-expected third-quarter profit despite declining Electronic Technologies Group sales.

Buffett Favorite Heico Reports Increased Revenue Despite Unit Sales Drop

HEI's third-quarter fiscal 2024 earnings and revenues top the Zacks Consensus Estimate, driven by solid sales volumes from the Flight Support Group segment.

HEICO's Q3 Earnings Surpass Estimates, Sales Increase Y/Y

Heico missed quarterly revenue expectations, and earnings were boosted by the tax rate. The company's aerospace business is strong, but other electronics are seeing sluggish growth.

Why Heico Stock Is Falling Today

At last glance, shares of Heico Corp (NYSE:HEI) are 2.9% lower at $238.74 Tuesday, after the aerospace and defense firm yesterday reported a mixed fiscal third-quarter report.

Heico Stock Drops After Mixed Quarterly Report

Heico Corporation (HEI) came out with quarterly earnings of $0.97 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.77 per share a year ago.

Heico Corporation (HEI) Q3 Earnings and Revenues Beat Estimates

While the top- and bottom-line numbers for Heico (HEI) give a sense of how the business performed in the quarter ended July 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Heico (HEI) Q3 Earnings: A Look at Key Metrics

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / August 26, 2024 / HEICO CORPORATION (NYSE:HEI.A)(NYSE:HEI) today reported net income increased 34% to a record $136.6 million, or $.97 per diluted share, in the third quarter of fiscal 2024, up from $102.0 million, or $.74 per diluted share, in the third quarter of fiscal 2023. Net income increased 25% to a record $374.4 million, or $2.67 per diluted share, in the first nine months of fiscal 2024, up from $300.2 million, or $2.17 per diluted share, in the first nine months of fiscal 2023.

News for HEICO Stock (HEI)