HEI RSI Chart
Last 7 days
1.3%
Last 30 days
13.4%
Last 90 days
13.2%
Trailing 12 Months
24.7%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 3.2B | 0 | 0 | 0 |
2023 | 2.3B | 2.5B | 2.6B | 3.0B |
2022 | 1.9B | 2.0B | 2.1B | 2.2B |
2021 | 1.7B | 1.7B | 1.8B | 1.9B |
2020 | 2.1B | 2.0B | 1.9B | 1.8B |
2019 | 1.8B | 1.9B | 2.0B | 2.1B |
2018 | 1.6B | 1.6B | 1.7B | 1.8B |
2017 | 1.4B | 1.4B | 1.5B | 1.5B |
2016 | 1.2B | 1.3B | 1.3B | 1.4B |
2015 | 1.1B | 1.1B | 1.2B | 1.2B |
2014 | 1.1B | 1.1B | 1.1B | 1.1B |
2013 | 901.2M | 922.6M | 963.7M | 1.0B |
2012 | 803.3M | 835.2M | 863.9M | 897.3M |
2011 | 655.7M | 686.3M | 725.3M | 764.9M |
2010 | 558.0M | 577.7M | 597.3M | 617.0M |
2009 | 0 | 0 | 560.3M | 538.3M |
2008 | 0 | 0 | 0 | 582.3M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Which funds bought or sold HEI recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 08, 2024 | Fortis Capital Advisors, LLC | new | - | 392,696 | 392,696 | 0.16% |
May 08, 2024 | Moors & Cabot, Inc. | reduced | -2.92 | 45,030 | 1,272,340 | 0.07% |
May 08, 2024 | TD Asset Management Inc | added | 59.62 | 693,433 | 1,649,780 | -% |
May 08, 2024 | Baron Wealth Management LLC | unchanged | - | 46,155 | 726,755 | 0.39% |
May 08, 2024 | Bell Investment Advisors, Inc | unchanged | - | 667 | 10,505 | -% |
May 08, 2024 | TD Asset Management Inc | reduced | -63.25 | -101,986,000 | 65,856,400 | 0.06% |
May 08, 2024 | WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | reduced | -34.77 | -45,269,300 | 108,182,000 | 0.28% |
May 08, 2024 | MAI Capital Management | reduced | -57.75 | -245,896 | 202,018 | -% |
May 08, 2024 | Heritage Wealth Advisors | unchanged | - | 3,347 | 44,797 | -% |
May 08, 2024 | KBC Group NV | reduced | -27.48 | -289,000 | 1,047,000 | -% |
Unveiling HEICO Corp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to HEICO Corp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
BA | 111.3B | 76.4B | -51.73 | 1.46 | ||||
GD | 81.2B | 43.1B | 24 | 1.88 | ||||
LHX | 41.6B | 20.2B | 35.49 | 2.07 | ||||
HWM | 33.5B | 6.9B | 38.93 | 4.88 | ||||
HEI | 29.4B | 3.2B | 69.2 | 9.07 | ||||
AXON | 23.3B | 1.7B | 88.93 | 13.88 | ||||
HII | 9.9B | 11.6B | 14.04 | 0.85 | ||||
MID-CAP | ||||||||
CW | 10.6B | 2.9B | 28.36 | 3.62 | ||||
BWXT | 8.1B | 2.5B | 32.11 | 3.21 | ||||
AVAV | 5.3B | 705.8M | -49.33 | 7.47 | ||||
SMALL-CAP | ||||||||
DCO | 841.6M | 766.6M | 47.97 | 1.1 | ||||
SPCE | 423.7M | 8.4M | -0.95 | 50.48 | ||||
ISSC | 111.9M | 37.6M | 17.52 | 2.98 | ||||
CODA | 77.0M | 642.5K | 32.67 | 106.77 | ||||
ASTC | 15.8M | 2.0M | -1.54 | 7.92 |
HEICO Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -4.3% | 896 | 936 | 723 | 688 | 621 | 610 | 570 | 539 | 490 | 509 | 472 | 467 | 418 | 426 | 386 | 468 | 506 | 542 | 532 | 516 | 466 |
Cost Of Revenue | -3.9% | 550 | 572 | 444 | 421 | 377 | 369 | 349 | 328 | 300 | 305 | 287 | 287 | 259 | 264 | 243 | 289 | 308 | 332 | 319 | 306 | 284 |
Costs and Expenses | -4.1% | 716 | 747 | 574 | 531 | 491 | 463 | 441 | 416 | 392 | 394 | 371 | 370 | 338 | 337 | 318 | 360 | 395 | 421 | 413 | 396 | 368 |
S&GA Expenses | -4.8% | 167 | 175 | 129 | 109 | 114 | 94.00 | 92.00 | 88.00 | 91.00 | 89.00 | 84.00 | 83.00 | 78.00 | 73.00 | 75.00 | 71.00 | 87.00 | 89.00 | 93.00 | 90.00 | 84.00 |
R&D Expenses | -8.0% | 25.00 | 27.00 | 25.00 | 23.00 | 20.00 | 19.00 | 19.00 | 19.00 | 20.00 | 16.00 | 18.00 | 18.00 | 18.00 | 17.00 | 15.00 | 17.00 | 16.00 | 17.00 | 17.00 | 17.00 | 17.00 |
EBITDA Margin | -0.4% | 0.25* | 0.26* | 0.26* | 0.27* | 0.27* | 0.27* | 0.27* | 0.26* | 0.26* | 0.26* | 0.26* | 0.25* | 0.26* | 0.26* | 0.26* | 0.27* | 0.27* | 0.26* | 0.26* | 0.26* | 0.26* |
Interest Expenses | -11.1% | 39.00 | 43.00 | 12.00 | 11.00 | 6.00 | 3.00 | 1.00 | 1.00 | 1.00 | 1.00 | 2.00 | 2.00 | 2.00 | 3.00 | 3.00 | 4.00 | 4.00 | 5.00 | 6.00 | 5.00 | 5.00 |
Income Taxes | -49.9% | 17.00 | 34.00 | 25.00 | 31.00 | 21.00 | 33.00 | 34.00 | 29.00 | 4.00 | 21.00 | 16.00 | 19.00 | 2.00 | 19.00 | 9.00 | 24.00 | -22.90 | 23.00 | 25.00 | 26.00 | 4.00 |
Earnings Before Taxes | -3.3% | 142 | 147 | 138 | 146 | 124 | 143 | 127 | 122 | 98.00 | 114 | 99.00 | 95.00 | 79.00 | 87.00 | 66.00 | 105 | 107 | 115 | 114 | 116 | 92.00 |
EBT Margin | -5.5% | 0.18* | 0.19* | 0.21* | 0.22* | 0.22* | 0.22* | 0.22* | 0.22* | 0.21* | 0.21* | 0.20* | 0.19* | 0.20* | 0.20* | 0.21* | 0.22* | 0.22* | 0.21* | 0.21* | 0.21* | 0.20* |
Net Income | 10.9% | 115 | 103 | 102 | 105 | 93.00 | 97.00 | 83.00 | 85.00 | 87.00 | 86.00 | 77.00 | 71.00 | 71.00 | 62.00 | 54.00 | 75.00 | 122 | 86.00 | 81.00 | 82.00 | 79.00 |
Net Income Margin | -3.6% | 0.13* | 0.14* | 0.15* | 0.15* | 0.15* | 0.16* | 0.16* | 0.17* | 0.17* | 0.16* | 0.16* | 0.15* | 0.15* | 0.18* | 0.18* | 0.18* | 0.18* | 0.16* | 0.16* | 0.15* | 0.15* |
Free Cashflow | -26.2% | 98.00 | 133 | 134 | 67.00 | 66.00 | 136 | 141 | 89.00 | 69.00 | 104 | 116 | 96.00 | 92.00 | 105 | 88.00 | 119 | 74.00 | 117 | 126 | 122 | 44.00 |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 2.0% | 7,336 | 7,195 | 5,453 | 4,870 | 4,805 | 4,095 | 3,787 | 3,685 | 3,514 | 3,498 | 3,462 | 3,595 | 3,566 | 3,548 | 3,423 | 3,365 | 3,097 | 2,969 | 2,960 | 2,854 | 2,797 |
Current Assets | 3.1% | 1,912 | 1,855 | 1,932 | 1,367 | 1,319 | 1,153 | 1,082 | 1,033 | 975 | 937 | 1,031 | 1,163 | 1,149 | 1,166 | 1,141 | 1,126 | 825 | 814 | 803 | 803 | 779 |
Cash Equivalents | 14.8% | 196 | 171 | 694 | 127 | 143 | 140 | 134 | 117 | 125 | 108 | 270 | 385 | 399 | 407 | 395 | 347 | 64.00 | 57.00 | 59.00 | 64.00 | 58.00 |
Inventory | 5.4% | 1,069 | 1,014 | 732 | 722 | 697 | 582 | 546 | 519 | 504 | 478 | 457 | 463 | 463 | 463 | 473 | 458 | 441 | 420 | 416 | 410 | 406 |
Net PPE | 1.8% | 328 | 322 | 285 | 274 | 274 | 226 | 203 | 194 | 195 | 194 | 179 | 177 | 178 | 169 | 170 | 171 | 172 | 173 | 173 | 170 | 169 |
Goodwill | 0.5% | 3,290 | 3,274 | 2,026 | 2,031 | 1,994 | 1,672 | 1,541 | 1,511 | 1,446 | 1,450 | 1,403 | 1,400 | 1,388 | 1,383 | 1,320 | 1,300 | 1,301 | 1,269 | 1,263 | 1,187 | 1,170 |
Liabilities | 0.5% | 3,654 | 3,637 | 2,150 | 1,665 | 1,720 | 1,120 | 998 | 961 | 914 | 949 | 1,017 | 1,212 | 1,263 | 1,316 | 1,267 | 1,279 | 1,092 | 1,086 | 1,140 | 1,040 | 1,056 |
Current Liabilities | -9.2% | 604 | 665 | 479 | 467 | 453 | 421 | 346 | 304 | 274 | 295 | 262 | 257 | 235 | 241 | 230 | 256 | 244 | 289 | 269 | 251 | 224 |
Long Term Debt | 1.4% | 2,496 | 2,460 | 1,198 | 736 | 781 | 289 | 244 | 264 | 236 | 235 | 385 | 583 | 669 | 739 | 739 | 739 | 568 | 561 | 639 | 556 | 608 |
Shareholder's Equity | 3.8% | 3,266 | 3,146 | 2,914 | 6.00 | 45.00 | 2,254 | 1.00 | 5.00 | 1.00 | 1.00 | 2,187 | 1.00 | 301 | 30.00 | 1,623 | 1,584 | 288 | 285 | 309 | 1,662 | 1,602 |
Retained Earnings | 3.8% | 2,705 | 2,606 | 2,523 | 2,435 | 2,329 | 2,254 | 2,171 | 2,100 | 2,019 | 1,950 | 1,873 | 1,813 | 1,744 | 1,688 | 1,623 | 1,584 | 1,509 | 1,397 | 1,322 | 1,252 | 1,175 |
Additional Paid-In Capital | 1.2% | 586 | 579 | 406 | 399 | 389 | 397 | 317 | 311 | 302 | 321 | 316 | 312 | 301 | 300 | 302 | 297 | 288 | 285 | 309 | 310 | 324 |
Accumulated Depreciation | 4.3% | 326 | 313 | 308 | 299 | 289 | 277 | 273 | 267 | 262 | 257 | 252 | 247 | 241 | 232 | 233 | 225 | 219 | 212 | 204 | 198 | 192 |
Shares Outstanding | 0.8% | 138 | 137 | 55.00 | 55.00 | 137 | 136 | 136 | 136 | 136 | 135 | 135 | 135 | 135 | 135 | 135 | 135 | 135 | 134 | 134 | 133 | 133 |
Minority Interest | 6.5% | 50.00 | 47.00 | 45.00 | 42.00 | 45.00 | 42.00 | 40.00 | 38.00 | 37.00 | 34.00 | 33.00 | 32.00 | 31.00 | 30.00 | 30.00 | 31.00 | 31.00 | 28.00 | 26.00 | 115 | 112 |
Float | - | - | - | - | 18,670 | - | - | - | 15,872 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -24.8% | 111,652 | 148,378 | 145,921 | 77,750 | 76,686 | 143,946 | 149,157 | 96,773 | 77,980 | 109,981 | 123,991 | 102,913 | 107,199 | 110,154 | 93,089 | 124,746 | 81,136 | 123,979 | 135,146 | 128,687 | 49,566 |
Cashflow From Investing | 96.3% | -71,139 | -1,910,278 | -14,399 | -33,810 | -525,980 | -172,478 | -79,396 | -123,996 | -19,959 | -114,564 | -16,843 | -26,776 | -25,271 | -101,036 | -27,102 | -7,351 | -63,554 | -13,629 | -109,317 | -42,126 | -115,574 |
Cashflow From Financing | -101.3% | -16,729 | 1,240,968 | 435,316 | -60,410 | 449,175 | 36,257 | -51,985 | 21,815 | -39,920 | -155,745 | -221,806 | -90,010 | -91,407 | 3,118 | -20,927 | 165,767 | -10,215 | -112,540 | -31,010 | -79,732 | 63,562 |
Dividend Payments | - | 13,831 | - | 13,702 | - | 13,668 | - | 12,239 | - | 12,227 | - | 12,184 | - | 10,818 | - | 10,790 | - | 10,762 | - | 9,386 | - | 9,305 |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - UNAUDITED - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
---|---|---|
Jan. 31, 2024 | Jan. 31, 2023 | |
Net sales | $ 896,363 | $ 620,915 |
Operating costs and expenses: | ||
Cost of sales | 549,594 | 377,116 |
Selling, general and administrative expenses | 166,559 | 114,365 |
Total operating costs and expenses | 716,153 | 491,481 |
Operating income | 180,210 | 129,434 |
Interest expense | (38,607) | (6,068) |
Other (expense) income | 679 | 639 |
Income before income taxes and noncontrolling interests | 142,282 | 124,005 |
Income tax expense | 16,800 | 21,000 |
Net income from consolidated operations | 125,482 | 103,005 |
Less: Net income attributable to noncontrolling interests | 10,784 | 9,978 |
Net income attributable to HEICO | $ 114,698 | $ 93,027 |
Net income per share attributable to HEICO shareholders: | ||
Basic (in dollars per share) | $ 0.83 | $ 0.68 |
Diluted (in dollars per share) | $ 0.82 | $ 0.67 |
Weighted average number of common shares outstanding: | ||
Basic (in shares) | 138,265 | 136,655 |
Diluted (in shares) | 139,893 | 138,579 |
CONDENSED CONSOLIDATED BALANCE SHEETS - UNAUDITED - USD ($) $ in Thousands | Jan. 31, 2024 | Oct. 31, 2023 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 196,323 | $ 171,048 |
Accounts receivable, net | 471,697 | 509,075 |
Contract assets | 108,888 | 111,702 |
Inventories, net | 1,068,735 | 1,013,680 |
Prepaid expenses and other current assets | 66,716 | 49,837 |
Total current assets | 1,912,359 | 1,855,342 |
Property, plant and equipment, net | 327,661 | 321,848 |
Goodwill | 3,290,494 | 3,274,327 |
Intangible assets, net | 1,365,682 | 1,357,281 |
Other assets | 439,873 | 386,265 |
Total assets | 7,336,069 | 7,195,063 |
Current liabilities: | ||
Current maturities of long-term debt | 4,739 | 17,801 |
Trade accounts payable | 194,894 | 205,893 |
Accrued expenses and other current liabilities | 381,837 | 433,101 |
Income taxes payable | 22,625 | 8,547 |
Total current liabilities | 604,095 | 665,342 |
Long-term debt, net of current maturities | 2,495,726 | 2,460,277 |
Deferred income taxes | 128,203 | 131,846 |
Other long-term liabilities | 425,541 | 379,640 |
Total liabilities | 3,653,565 | 3,637,105 |
Commitments and contingencies | ||
Redeemable noncontrolling interests | 365,865 | 364,807 |
Shareholders' equity: | ||
Preferred Stock | 0 | 0 |
Additional Paid in Capital | 585,888 | 578,809 |
Deferred Compensation Obligation | 6,318 | 6,318 |
Common Stock Issued, Employee Stock Trust | (6,318) | (6,318) |
Accumulated Other Comprehensive Income (Loss), Net of Tax | (25,962) | (40,180) |
Retained Earnings (Accumulated Deficit) | 2,705,128 | 2,605,984 |
Total HEICO shareholders' equity | 3,266,438 | 3,145,995 |
Noncontrolling interests | 50,201 | 47,156 |
Total shareholders' equity | 3,316,639 | 3,193,151 |
Total liabilities and equity | 7,336,069 | 7,195,063 |
Heico Common Stock [Member] | ||
Shareholders' equity: | ||
Common Stock | 548 | 547 |
Class A Common Stock [Member] | ||
Shareholders' equity: | ||
Common Stock | $ 836 | $ 835 |