The stock price of Heico Corp (NYSE: HEI) has surged by 1.14 when compared to previous closing price of 273.92, but the company has seen a 9.45% gain in its stock price over the last five trading sessions. https://thefly.com reported 2024-11-08 that Barclays analyst Nabil Ahmed raised the firm’s price target on Heidelberg Materials to EUR 111 from EUR 106 and keeps an Overweight rating on the shares.
Is It Worth Investing in Heico Corp (NYSE: HEI) Right Now?
The price-to-earnings ratio for Heico Corp (NYSE: HEI) is above average at 81.18x, Company’s 36-month beta value is 1.25.Analysts have differing 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 42.11M, and currently, short sellers hold a 4.63% ratio of that floaft. The average trading volume of HEI on November 15, 2024 was 383.56K shares.
HEI’s Market Performance
The stock of Heico Corp (HEI) has seen a 9.45% increase in the past week, with a 4.48% rise in the past month, and a 15.14% gain in the past quarter. The volatility ratio for the week is 2.82%, and the volatility levels for the past 30 days are at 2.20% for HEI. The simple moving average for the past 20 days is 8.01% for HEI’s stock, with a 23.29% simple moving average for the past 200 days.
Analysts’ Opinion of HEI
Many brokerage firms have already submitted their reports for HEI stocks, with UBS repeating the rating for HEI by listing it as a “Neutral.” The predicted price for HEI in the upcoming period, according to UBS is $277 based on the research report published on October 15, 2024 of the current year 2024.
Barclays, on the other hand, stated in their research note that they expect to see HEI reach a price target of $250. The rating they have provided for HEI stocks is “Equal Weight” according to the report published on August 19th, 2024.
Morgan Stanley gave a rating of “Equal-Weight” to HEI, setting the target price at $225 in the report published on June 04th of the current year.
HEI Trading at 6.86% 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 able to rebound, for now settling with 1.07% of gains for the given period.
Volatility was left at 2.20%, however, over the last 30 days, the volatility rate increased by 2.82%, as shares surge +4.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.99% upper at present.
During the last 5 trading sessions, HEI rose by +9.45%, which changed the moving average for the period of 200-days by +54.26% in comparison to the 20-day moving average, which settled at $256.50. In addition, Heico Corp saw 54.88% 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 SCHRIESHEIM ALAN, who purchase 724 shares at the price of $262.94 back on Oct 18 ’24. After this action, SCHRIESHEIM ALAN now owns 174,878 shares of Heico Corp, valued at $190,368 using the latest closing price.
MENDELSON VICTOR H, the Co-President of Heico Corp, purchase 726 shares at $262.94 during a trade that took place back on Oct 18 ’24, which means that MENDELSON VICTOR H is holding 1,234,950 shares at $190,894 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 0.12. Equity return is now at value 14.81, with 7.42 for asset returns.
Based on Heico Corp (HEI), the company’s capital structure generated 0.39 points at debt to capital in total, while cash flow to debt ratio is standing at 0.27. The debt to equity ratio resting at 0.64. The interest coverage ratio of the stock is 5.06.
Currently, EBITDA for the company is 756.77 million with net debt to EBITDA at 2.1. When we switch over and look at the enterprise to sales, we see a ratio of 9.34. The receivables turnover for the company is 6.0for trailing twelve months and the total asset turnover is 0.51. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.30.
Conclusion
In a nutshell, Heico Corp (HEI) has experienced a better performance in recent times. The stock has received mixed “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.
