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 Q1 2021

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Earnings data Q3 2024

Earnings data Q4 2024

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.

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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.

BLACKSBURG, Va., Oct. 13, 2021 /PRNewswire/ -- VPT, Inc. (VPT®), a HEICO company (NYSE:HEI.A) (NYSE:HEI), announces the availability of its SVLFL, SVLHF, SVLTR, and SVLSA Series of 50 volt, space-qualified DC-DC converters.

VPT Introduces 50V Input SVL Series of Space DC-DC Converters

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Acquires RF and Microwave Specialist Paciwave in 6th Acquisition this Year SUNNYVALE, CA and MIAMI, FL / ACCESSWIRE / October 4, 2021 / HEICO Corporation (NYSE:HEI.A and HEI) today announced that its dB Control subsidiary acquired 100% of Paciwave, Inc. for cash paid at closing. No further transaction or financial details were disclosed.

HEICO Corporation Subsidiary Acquires Specialized Electronics Company

Heico Corp's (NYSE: HEI) Electronic Technologies Group has acquired 80.1% of the stock of RH Laboratories, Inc. for cash paid at closing. The company did not disclose further terms and financial details of the deal.

Heico Buys 80.1% Of RH Laboratories For Undisclosed Sum

BLACKSBURG, Va., Sept. 29, 2021 /PRNewswire/ -- VPT, Inc. (VPT®), a HEICO company (NYSE:HEI.A) (NYSE:HEI), announces the availability of its SVLFL, SVLHF, SVLTR, and SVLSA Series of 28 volt, space-qualified DC-DC converters.

VPT Adds 28 Volt SVL Series to Space Product Line

Electronic Technologies Group Buys 80.1% of RH Laboratories NASHUA, NH and MIAMI, FL / ACCESSWIRE / September 29, 2021 / HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) today announced that its Electronic Technologies Group acquired 80.1% of the stock of RH Laboratories, Inc. ("RH") for cash paid at closing. RH's founders will continue to own the balance of the company.

HEICO Corp. Acquires Leading RF and Microwave Integrated Assemblies and Component Maker

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

How Has HEI Performed 30 Days Post Earnings

BofA analyst Ronald Epstein upgraded Heico Corp (NYSE:HEI) to Neutral from Underperform with an unchanged price target of $135, implying an upside of 8.06%. The rating change was after its Q3 results marked the fourth consecutive quarter of sequential topline growth.

Heico Upgraded To Neutral At BofA, With Unchanged Price Target

BLACKSBURG, Va., Sept. 8, 2021 /PRNewswire/ -- VPT, Inc. (VPT®), a HEICO company (NYSE:HEI.A) (NYSE:HEI), announces the availability of its SVRPL Series of space-qualified point of load DC-DC converters.

VPT Adds Point of Load Converter to Space Product Line

HEICO Corp. (HEI) reports better-than-expected results in fiscal third quarter on both counts. Massive growth in Flight Support Group operating margins

Heico (HEI) Q3 Earnings Beat Estimates, Sales Improve Y/Y

HEICO had a good 2Q21 quarter thanks to a return in demand, strong free cash flow, and an even healthier balance sheet.

HEICO - Uncertainty Is Keeping A Lid On The Stock Price

HEICO Corporation (HEI) CEO Lawrence Mendelson on Q3 Fiscal 2021 Results - Earnings Call Transcript

Heico Corporation (HEI) delivered earnings and revenue surprises of 3.70% and -1.87%, respectively, for the quarter ended July 2021. Do the numbers hold clues to what lies ahead for the stock?

Heico Corporation (HEI) Q3 Earnings Surpass Estimates

Shares of Heico (NYSE:HEI) fell in after-market trading after the company reported Q3 results. Quarterly Results Earnings per share rose 40.00% year over year to $0.56, which beat the estimate of $0.55.

Recap: Heico Q3 Earnings

3rd Quarter of Fiscal 2021 Net Income up 42% on Operating Income Increase of 47% and Net Sales Increase of 22% HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / August 24, 2021 / HEICO CORPORATION (NYSE:HEI.A)(NYSE:HEI) today reported an increase in net income of 42% to $76.9 million, or $.56 per diluted share, in the third quarter of fiscal 2021, up from $54.3 million, or $.40 per diluted share, in the third quarter of fiscal 2020. Net income was $218.2 million, or $1.58 per diluted share, in the first nine months of fiscal 2021, as compared to $251.7 million, or $1.83 per diluted share, in the first nine months of fiscal 2020.

HEICO Corporation Reports a 33% Increase in Quarterly Operating Cash Flow and 17% Quarterly Organic Net Sales Growth as the Commercial Aerospace Industry Continues to Recover

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Flight Support Group Acquires Two Advanced Aerospace and Defense Manufacturers HOLLYWOOD, FL and HAMPSTEAD, MD / ACCESSWIRE / August 4, 2021 / HEICO Corporation (NYSE:HEI.A and HEI) today announced that its Flight Support Group completed the acquisition of Ridge Engineering, Inc. ("Ridge") and The Bechdon Company, Inc. ("Bechdon") (together, the "Companies"). On July 6, 2021, HEICO announced it had entered into an agreement, subject to regulatory approval which was subsequently received, to acquire the Companies.

HEICO Corporation Completes the Acquisitions of Ridge Engineering and The Bechdon Company

Flight Support Group to Acquire Ridge Engineering, Inc. and The Bechdon Company, Inc. HOLLYWOOD, FL and HAMPSTEAD, MD / ACCESSWIRE / July 6, 2021 / HEICO Corporation (NYSE:HEI.A and HEI) today announced that its Flight Support Group entered into a purchase agreement to acquire 89% of Ridge Engineering, Inc. ("Ridge") and The Bechdon Company, Inc. ("Bechdon") (together, the “Companies”) for cash at closing, plus potential additional cash consideration to be paid if certain post-closing earnings levels are attained. Additional financial details were not disclosed.

HEICO Corporation to Acquire Two Advanced Aerospace & Defense Manufacturers

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Monthly update of the Dividend Champions List. 30 companies declared higher dividends in the past month, with an average increase of 12.17% over their previous payouts.

Dividend Champions For July 2021

Heico (HEI) offers an excellent opportunity for investors in the aerospace and defense equipment industry. Higher tariffs on import of steel and aluminum derivatives pose a concern.

Heico (HEI) Gains From Acquisition Efforts, Import Tariff a Woe

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13 Upcoming Dividend Increases Including 2 Dividend Kings

Heico Corporation (HEI) Up 4% Since Last Earnings Report: Can It Continue?

HEICO Corp. is a major aerospace supplier covering all major airlines and aerospace OEMs - defense and commercial. The company has conservative but growth-oriented management and a long history of significant growth.

HEICO Corp.: Long-Term Aerospace Value

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This weekly article series provides a summary of dividend changes. A summary table provides relevant data and key statistics of dividend increases.

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HOLLYWOOD, Fla. & MIAMI--(BUSINESS WIRE)--HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) announced today that its Board of Directors approved a 12.5% increase in the semi-annual cash dividend to $.09 per share from $.08 per share, payable on both classes of its common stock. The cash dividend is payable on July 15, 2021 to shareholders of record as of July 1, 2021. This cash dividend represents HEICO's 86th consecutive semi-annual cash dividend since 1979. (NOTE: HEICO has two classes of common stoc

HEICO Corporation Declares 86th Consecutive Semi-Annual Cash Dividend; Increases the Semi-Annual Cash Dividend by 12.5%

News for HEICO Stock (HEI)