Heico Stock Today
HEI-A Stock | USD 165.07 0.77 0.46% |
Performance14 of 100
| Odds Of DistressLess than 5
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HEICO is trading at 165.07 as of the 25th of April 2024, a -0.46 percent decrease since the beginning of the trading day. The stock's open price was 165.84. HEICO has under 5 % chance of experiencing financial distress over the next 2 years and had a good performance during the last 90 days. Equity ratings for HEICO are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of May 2023 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 4th of January 2016 | Category Industrials |
HEICO Corporation, through its subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic related products and services in the United States and internationally. HEICO Corporation was incorporated in 1957 and is headquartered in Hollywood, Florida. The company has 83.59 M outstanding shares of which 352.88 K shares are currently shorted by private and institutional investors with about 1.58 days to cover all short positions. More on HEICO
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Follow Valuation Options Odds of Bankruptcy
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HEICO Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. HEICO's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding HEICO or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Senior President | Thomas Irwin | ||||
Business Concentration | Aerospace & Defense, Industrials, NYSE Composite, Industrials, Aerospace & Defense, Aerospace & Defense, Industrials (View all Sectors) | ||||
Average Analyst Recommendation Analysts covering HEICO report their recommendations after researching HEICO's financial statements, talking to executives and customers, or listening in on HEICO's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering HEICO. The HEICO consensus assessment is calculated by taking the average forecast from all of the analysts covering HEICO. | |||||
HEICO's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to HEICO's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand HEICO's financial leverage. It provides some insight into what part of HEICO's total assets is financed by creditors.
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HEICO (HEI-A) is traded on New York Stock Exchange in USA and employs 9,600 people. HEICO is listed under Aerospace & Defense category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 25.08 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate HEICO's market, we take the total number of its shares issued and multiply it by HEICO's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. HEICO classifies itself under Aerospace & Defense sector and is part of Industrials industry. The entity has 83.59 M outstanding shares of which 352.88 K shares are currently shorted by private and institutional investors with about 1.58 days to cover all short positions.
HEICO has accumulated about 133.6 M in cash with 448.74 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.98.
Check HEICO Probability Of Bankruptcy
Ownership AllocationHEICO has a total of 83.59 Million outstanding shares. The majority of HEICO outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in HEICO to benefit from reduced commissions. Thereupon, third-party entities are subject to a different set of regulations than regular investors in HEICO. Please pay attention to any change in the institutional holdings of HEICO as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check HEICO Ownership Details
HEICO Stock Price Odds Analysis
What are HEICO's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of HEICO jumping above the current price in 90 days from now is about 1.52%. The HEICO probability density function shows the probability of HEICO stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon HEICO has a beta of 0.7436. This usually indicates as returns on the market go up, HEICO average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding HEICO will be expected to be much smaller as well. Additionally, hEICO has an alpha of 0.2068, implying that it can generate a 0.21 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of HEICO to move above the current price in 90 days from now is about 1.52 (This HEICO probability density function shows the probability of HEICO Stock to fall within a particular range of prices over 90 days) .
HEICO Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. HEICO market risk premium is the additional return an investor will receive from holding HEICO long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in HEICO. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although HEICO's alpha and beta are two of the key measurements used to evaluate HEICO's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation | 1.01 | |||
Semi Deviation | 0.9097 | |||
Standard Deviation | 1.28 | |||
Variance | 1.63 |
HEICO Stock Against Markets
Picking the right benchmark for HEICO stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in HEICO stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for HEICO is critical whether you are bullish or bearish towards HEICO at a given time. Please also check how HEICO's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in HEICO without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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HEICO Corporate Management
Elected by the shareholders, the HEICO's board of directors comprises two types of representatives: HEICO inside directors who are chosen from within the company, and outside directors, selected externally and held independent of HEICO. The board's role is to monitor HEICO's management team and ensure that shareholders' interests are well served. HEICO's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, HEICO's outside directors are responsible for providing unbiased perspectives on the board's policies.
Carlos Macau | CFO VP | Profile | |
Laurans Mendelson | Chairman CEO | Profile | |
Elizabeth Letendre | Corporate Secretary | Profile | |
Joseph Pallot | General Counsel | Profile |
How to buy HEICO Stock?
Before investing in HEICO, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in HEICO. To buy HEICO stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of HEICO. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase HEICO stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located HEICO stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased HEICO stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as HEICO, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy HEICO Stock please use our How to Invest in HEICO guide.
Already Invested in HEICO?
The danger of trading HEICO is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of HEICO is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than HEICO. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile HEICO is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether HEICO offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of HEICO's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Heico Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Heico Stock: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HEICO. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade HEICO Stock refer to our How to Trade HEICO Stock guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for HEICO Stock analysis
When running HEICO's price analysis, check to measure HEICO's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HEICO is operating at the current time. Most of HEICO's value examination focuses on studying past and present price action to predict the probability of HEICO's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HEICO's price. Additionally, you may evaluate how the addition of HEICO to your portfolios can decrease your overall portfolio volatility.
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