In the past week, HEI stock has gone up by 3.57%, with a monthly gain of 6.65% and a quarterly surge of 14.22%. The volatility ratio for the week is 1.92%, and the volatility levels for the last 30 days are 2.39% for Heico Corp. The simple moving average for the last 20 days is 4.26% for HEI’s stock, with a simple moving average of 22.36% for the last 200 days.
Is It Worth Investing in Heico Corp. (NYSE: HEI) Right Now?
The price-to-earnings ratio for Heico Corp. (NYSE: HEI) is 76.24x, which is above its average ratio. Moreover, the 36-month beta value for HEI is 1.22. Analysts have varying opinions on the stock, with 4 analysts rating it as a “buy,” 2 as “overweight,” 4 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for HEI is 42.25M and currently, short sellers hold a 3.97% of that float. On August 15, 2024, HEI’s average trading volume was 389.08K shares.
HEI) stock’s latest price update
Heico Corp. (NYSE: HEI) has experienced a rise in its stock price by 2.18 compared to its previous closing price of 236.89. However, the company has seen a gain of 3.57% in its stock price over the last five trading days. benzinga.com reported 2024-08-15 that As of Aug 15, 2024, three stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Analysts’ Opinion of HEI
Many brokerage firms have already submitted their reports for HEI stocks, with Morgan Stanley repeating the rating for HEI by listing it as a “Equal-Weight.” The predicted price for HEI in the upcoming period, according to Morgan Stanley is $225 based on the research report published on June 04, 2024 of the current year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see HEI reach a price target of $220. The rating they have provided for HEI stocks is “Buy” according to the report published on January 25th, 2024.
Morgan Stanley gave a rating of “Underweight” to HEI, setting the target price at $174 in the report published on December 20th of the previous year.
HEI Trading at 5.89% from the 50-Day Moving Average
After a stumble in the market that brought HEI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.38% of loss for the given period.
Volatility was left at 2.39%, however, over the last 30 days, the volatility rate increased by 1.92%, as shares surge +8.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.14% upper at present.
During the last 5 trading sessions, HEI rose by +3.82%, which changed the moving average for the period of 200-days by +54.21% in comparison to the 20-day moving average, which settled at $233.11. In addition, Heico Corp. saw 35.33% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HEI starting from MENDELSON ERIC A, who sale 20,000 shares at the price of $186.09 back on Jul 26 ’24. After this action, MENDELSON ERIC A now owns 148,891 shares of Heico Corp., valued at $3,721,740 using the latest closing price.
MENDELSON ERIC A, the Co-President of Heico Corp., sale 53,510 shares at $182.02 during a trade that took place back on Jul 16 ’24, which means that MENDELSON ERIC A is holding 168,891 shares at $9,739,821 based on the most recent closing price.
Stock Fundamentals for HEI
Current profitability levels for the company are sitting at:
- 0.21 for the present operating margin
- 0.4 for the gross margin
The net margin for Heico Corp. stands at 0.13. The total capital return value is set at 0.11. Equity return is now at value 14.28, with 7.25 for asset returns.
Based on Heico Corp. (HEI), the company’s capital structure generated 0.41 points at debt to capital in total, while cash flow to debt ratio is standing at 0.23. The debt to equity ratio resting at 0.71. The interest coverage ratio of the stock is 5.5.
Currently, EBITDA for the company is 758.31 million with net debt to EBITDA at 2.45. When we switch over and look at the enterprise to sales, we see a ratio of 8.89. The receivables turnover for the company is 5.71for trailing twelve months and the total asset turnover is 0.48. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.52.
Conclusion
To wrap up, the performance of Heico Corp. (HEI) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
