Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $57.74 USD
Change Today -0.04 / -0.07%
Volume 205.1K
HEI On Other Exchanges
Symbol
Exchange
New York
New York
Frankfurt
As of 4:15 PM 06/2/15 All times are local (Market data is delayed by at least 15 minutes).

heico corp (HEI) Snapshot

Open
$57.57
Previous Close
$57.78
Day High
$58.36
Day Low
$57.18
52 Week High
05/20/15 - $63.73
52 Week Low
10/10/14 - $46.03
Market Cap
3.5B
Average Volume 10 Days
305.2K
EPS TTM
$1.94
Shares Outstanding
26.9M
EX-Date
12/31/14
P/E TM
29.7x
Dividend
$0.14
Dividend Yield
0.23%
Current Stock Chart for HEICO CORP (HEI)

heico corp (HEI) Related Bloomberg News

View More Bloomberg News

heico corp (HEI) Related Businessweek News

No Related Businessweek News Found

heico corp (HEI) Details

HEICO Corporation, through its subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic related products and services in the United States and internationally. The company’s Flight Support Group segment provides jet engine and aircraft component replacement parts; thermal insulation blankets and parts; and specialty components for aerospace and industrial original equipment manufacturers, and the United States government. This segment also distributes hydraulic, pneumatic, mechanical, and electro-mechanical components for the commercial, regional, and general aviation markets; and offers repair and overhaul services for jet engine and aircraft component parts, avionics, instruments, composites, and flight surfaces of commercial airlines, as well as for avionics and navigation systems, subcomponents, and other instruments utilized on military aircrafts. Its Electronic Technologies Group segment provides electro-optical infrared simulation and test equipment; electro-optical laser products; electro-optical, microwave, and other power equipment; electromagnetic and radio interference shielding; high-speed interface products; high voltage interconnection devices; high voltage advanced power electronics; power conversion products; underwater locator beacons; traveling wave tube amplifiers and microwave power modules; three-dimensional microelectronic and stacked memory products; harsh environment connectivity products and custom molded cable assemblies; and radio frequency and microwave amplifiers, transmitters, and receivers that link devices, such as telemetry receivers, digital cameras, high resolution scanners, simulation systems, and test systems to computers. The company serves the U.S. and foreign military agencies; prime defense contractors; and medical, telecommunications, electronics, commercial, and defense satellite and spacecraft equipment manufacturers. The company was founded in 1949 and is headquartered in Hollywood, Florida.

3,500 Employees
Last Reported Date: 12/18/14
Founded in 1949

heico corp (HEI) Top Compensated Officers

Chairman, Chief Executive Officer and Chairma...
Total Annual Compensation: $1.3M
Co-President, Director, Member of Environment...
Total Annual Compensation: $703.2K
Co-President, Director, Member of Environment...
Total Annual Compensation: $703.2K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $553.0K
Senior Executive Vice President and Member of...
Total Annual Compensation: $238.3K
Compensation as of Fiscal Year 2014.

heico corp (HEI) Key Developments

Heico Corporation Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended April 30, 2015; Provides Earning Guidance for the Year 2015

HEICO Corporation reported unaudited consolidated earnings results for the second quarter and six months ended April 30, 2015. For the quarter, the company reported net income of $33.1 million or $0.49 per share, compared with the prior-year periods of $28.4 million or $0.42 per share. Revenue was $291.4 million, up 3% from $282.2 million in the same quarter last year. Operating income increased 13% to a record of $55.8 million in the second quarter of fiscal 2015, up from $49.2 million in the second quarter of fiscal 2014. Income before income taxes and non-controlling interests was $55.004 million against $48.080 million a year ago. Net income from consolidated operations was $38.504 million against $32.780 million a year ago. For the six months of fiscal 2015, net income increased 9% to a record $60.7 million, or 90 cents per diluted share, up from $55.8 million, or 83 cents per diluted share, in the first six months of fiscal 2014. Operating income increased 3% to a record $102.2 million in the first six months of fiscal 2015, up from $99.6 million in the first six months of fiscal 2014. Net sales increased 2% to a record $559.6 million in the first six months of fiscal 2015, up from $549.1 million in the first six months of fiscal 2014. Cash flow provided by operating activities increased 18% to $64.8 million in the first six months of fiscal 2015, up from $55.0 million in the first six months of fiscal 2014. Income before income taxes and non-controlling interests was $100.495 million against $97.342 million a year ago. Net income from consolidated operations was $70.595 million against $65.342 million a year ago. Capital expenditures were $9.460 million against $7.485 million a year ago. The company continues to estimate full fiscal year 2015 growth in both net sales and net income of approximately 8% to 10% over fiscal 2014 levels with its consolidated operating margin approximating 18%. The company anticipates depreciation and amortization expense of approximately $48 million, capital expenditures to approximate $25 million and cash flow from operations to approximate $200 million. On a combined basis, the company estimates that fiscal 2015 effective tax rate and non-controlling interest allocations will approximate 39% to 40% of consolidated pretax income for the full fiscal year 2015.

HEICO Eyes Acquisitions

HEICO Corporation (NYSE:HEI) is looking for acquisition opportunities. Laurans A. Mendelson, Chairman and Chief Executive Officer of HEICO, commented on HEICO's second quarter results stating, As we look ahead to the remainder of fiscal 2015, we continue to anticipate organic growth in our commercial aviation products and services moderated by lower demand for certain industrial-related products in our specialty product lines. We expect improved organic growth within the Electronic Technologies Group as compared to the prior year, reflecting increased demand for the majority of our products. During the remainder of fiscal 2015, we plan to continue our focus on new product development, further market penetration, executing our acquisition strategies and maintaining our financial strength. At this time, we are actively pursuing numerous acquisition opportunities.

HEICO Corporation to Report Q2, 2015 Results on May 19, 2015

HEICO Corporation announced that they will report Q2, 2015 results After-Market on May 19, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
HEI:US $57.74 USD -0.04

HEI Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Cubic Corp $49.31 USD +0.49
Engility Holdings Inc $27.99 USD +0.03
ICF International Inc $36.14 USD +0.33
Kratos Defense & Security Solutions Inc $5.95 USD +0.05
Wesco Aircraft Holdings Inc $14.81 USD +0.06
View Industry Companies
 

Industry Analysis

HEI

Industry Average

Valuation HEI Industry Range
Price/Earnings 31.0x
Price/Sales 3.4x
Price/Book 5.2x
Price/Cash Flow 12.3x
TEV/Sales 0.9x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact HEICO CORP, please visit www.heico.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.