Heico Stock Beta
| HEI Stock | USD 214.51 2.58 1.22% |
Heico fundamentals help investors to digest information that contributes to Heico's financial success or failures. It also enables traders to predict the movement of Heico Stock. The fundamental analysis module provides a way to measure Heico's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Heico stock.
Heico | Beta |
Heico Company Beta Analysis
Heico's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Heico Beta | 1.11 |
Most of Heico's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Heico is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Heico Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Heico is extremely important. It helps to project a fair market value of Heico Stock properly, considering its historical fundamentals such as Beta. Since Heico's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Heico's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Heico's interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Heico has a Beta of 1.108. This is 19.12% lower than that of the Aerospace & Defense sector and 19.14% higher than that of the Industrials industry. The beta for all United States stocks is notably lower than that of the firm.
Heico Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Heico's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Heico could also be used in its relative valuation, which is a method of valuing Heico by comparing valuation metrics of similar companies.Heico is currently under evaluation in beta category among related companies.
Heico ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Heico's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Heico's managers, analysts, and investors.Environmental | Governance | Social |
Heico Institutional Holders
Institutional Holdings refers to the ownership stake in Heico that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Heico's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Heico's value.| Shares | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 660.8 K | Fred Alger Management, Llc | 2023-12-31 | 571.1 K | Federated Hermes Inc | 2023-12-31 | 567.1 K | Baird Financial Group, Inc. | 2023-12-31 | 555.2 K | Credit Suisse First Boston (csfb) | 2023-12-31 | 483.5 K | Charles Schwab Investment Management Inc | 2023-12-31 | 397.4 K | Amvescap Plc. | 2023-12-31 | 359.9 K | Bank Of America Corp | 2023-12-31 | 348.5 K | Envestnet Asset Management Inc | 2023-12-31 | 310 K | Blackrock Inc | 2023-12-31 | 5 M | Vanguard Group Inc | 2023-12-31 | 3.6 M |
Heico returns are very sensitive to returns on the market. As the market goes up or down, Heico is expected to follow.
Heico Fundamentals
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0713 | ||||
| Profit Margin | 0.13 % | ||||
| Operating Margin | 0.21 % | ||||
| Current Valuation | 31.79 B | ||||
| Shares Outstanding | 54.77 M | ||||
| Shares Owned By Insiders | 22.81 % | ||||
| Shares Owned By Institutions | 70.44 % | ||||
| Number Of Shares Shorted | 1.58 M | ||||
| Price To Earning | 81.97 X | ||||
| Price To Book | 8.12 X | ||||
| Price To Sales | 7.26 X | ||||
| Revenue | 2.97 B | ||||
| Gross Profit | 1.15 B | ||||
| EBITDA | 758.31 M | ||||
| Net Income | 444.38 M | ||||
| Cash And Equivalents | 139.5 M | ||||
| Cash Per Share | 0.98 X | ||||
| Total Debt | 2.48 B | ||||
| Debt To Equity | 0.09 % | ||||
| Current Ratio | 3.12 X | ||||
| Book Value Per Share | 23.61 X | ||||
| Cash Flow From Operations | 448.74 M | ||||
| Short Ratio | 4.66 X | ||||
| Earnings Per Share | 3.07 X | ||||
| Price To Earnings To Growth | 3.28 X | ||||
| Target Price | 213.07 | ||||
| Number Of Employees | 9.6 K | ||||
| Beta | 1.11 | ||||
| Market Capitalization | 25.5 B | ||||
| Total Asset | 7.2 B | ||||
| Retained Earnings | 2.61 B | ||||
| Working Capital | 1.19 B | ||||
| Current Asset | 584.22 M | ||||
| Current Liabilities | 214.42 M | ||||
| Annual Yield | 0 % | ||||
| Five Year Return | 0.14 % | ||||
| Net Asset | 7.2 B | ||||
| Last Dividend Paid | 0.2 |
About Heico Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Heico's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Heico using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Heico based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Heico in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Heico's short interest history, or implied volatility extrapolated from Heico options trading.
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Try AI Portfolio ArchitectCheck out Heico Piotroski F Score and Heico Altman Z Score analysis. For more detail on how to invest in Heico Stock please use our How to Invest in Heico guide.Note that the Heico information on this page should be used as a complementary analysis to other Heico's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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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Is Heico's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Heico. If investors know Heico will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Heico listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.224 | Dividend Share 0.2 | Earnings Share 3.07 | Revenue Per Share 23.574 | Quarterly Revenue Growth 0.444 |
The market value of Heico is measured differently than its book value, which is the value of Heico that is recorded on the company's balance sheet. Investors also form their own opinion of Heico's value that differs from its market value or its book value, called intrinsic value, which is Heico's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Heico's market value can be influenced by many factors that don't directly affect Heico's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Heico's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heico is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heico's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.