Heico stock: buy or sell?

HEI stock price: $74.61 -2.97% At close on March 31st, 2020

Updated on:
March 31st, 2020

2

After sliding a bloodcurdling -6.27% yesterday, Heico closed today at $74.61 and slipped a terrifying -2.97%. On Thursday HEI skyrocketed a super good 10.81%. With Tuesday it's been 3 sliding days in a row, loosing $-12.47 (-16.06%).

HEICO Corporation, through its subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic related products and services in the United States and internationally.

Should I buy Heico stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. That's why is so important to choose your own trading plan that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, Heico stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Heico stock a buy?

Banks and financial institutions publish stock ratings everyday. Unfortunately, we couldn't find any rating for HEI stock for the last month.

Heico stock analysis

Daily outlook

After sliding a bloodcurdling -6.27% yesterday, Heico closed today at $74.61 and slipped a terrifying -2.97%.

After sliding a bloodcurdling -6.27% yesterday, Heico closed today at $74.61 and slipped a terrifying -2.97%. Since price and SMA200d lines crossed down on Feb/24, HEI fell $-52.16 per share (-41.15%).

HEI stock chart (daily)

Weekly outlook

After boosting an extraordinary 14.09% in a week last week, Heico closed this week at $74.61 and collapsed a dreadful -8.69%.

Since mid February, when HEI stock price broke down the 40-weeks moving avarage line, it slid $-55.15 per share (-42.50%). Trading stocks that are below the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support. Far behind is the all-time high Heico marked late August 2019 and since then the price is -49.53% below that top.

HEI stock chart (weekly)

Heico stock price history

Heico IPO was on August 20th, 1986 at $0.00 per share1. Since then, HEI stock grew a inf%, with an average of inf% per year. If you had invested $1,000 in Heico stock in 1986, it would worth $inf today.

1: Adjusted price after possible price splits or reverse-splits.

Heico stock historical price chart

HEI stock reached all-time highs on August with a price of $147.83.

Heico stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we have not detected any price target for Heico stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

, when Heico presented its last earnings report, it . As soon as we get its posted EPS from the earnings report, we will update this report.
HEI earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.42n/a
2017-Q3-n/a0.42n/a
2017-Q42017-12-180.460.58.7%
2018-Q12018-02-270.310.27-12.9%
2018-Q22018-05-290.420.444.8%
2018-Q32018-08-270.450.498.9%
2018-Q42018-12-170.490.490.0%
2019-Q12019-02-260.460.460.0%
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, Heico annual revenues climbed an extraordinary 16.59% to $1,777.72 million dollars from $1,524.81 marked in 2017. When comparing 2018 vs 2017, in contrary, profit margin (that is, the net income divided by revenues) grew a 2.39% to 14.58%.

To have an up to date picture of the financial situation of Heico, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Heico TTM sales up to January 2019 were $1,839.46 and earnings were $273.41 million USD. If we compare this TTM figures with the last reported annuality, we can review Heico business evolution since October 2018: Annual sales up to January, compared to lastest yearly report, inched a beatiful 3.47%. Slightly worse, profit margin (net income/revenues) remained stable at 14.58%.

HEI annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$1,010 M-$102 M10.1%-
2014$1,130 M11.88%$121 M10.7%18.45%
2014$1,132 M0.20%$121 M10.7%0.00%
2015$1,190 M5.09%$133 M11.2%9.95%
2015$1,189 M-0.11%$133 M11.2%0.00%
2016$1,380 M16.10%$156 M11.3%17.12%
2016$1,376 M-0.27%$156 M11.3%0.00%
2017$1,520 M10.44%$186 M12.2%19.08%
2017$1,525 M0.32%$186 M12.2%0.00%
2018$1,778 M16.59%$259 M14.6%39.38%
TTM $1,839 M3.47%$273 M14.9%5.47%

Quarterly financial results

Heico reported $466.15 million in revenues for 2019-Q1, a -2.25% less compared to previous quarter. Reported quarter earnings marked $79.33 M with a profit margin of 17.02%. Profit margin stepped up a 2.89% compared to previous quarter when profit margin was 14.13%. When comparing turnover to same quarter last year, Heico sales marked an exceptional growth and boosted a 15.27%.
HEI quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$369 M-$46 M12.4%-
2017-Q3$392 M6.20%$46 M11.7%0.02%
2017-Q4$421 M7.59%$54 M12.7%17.45%
2018-Q1$404 M-3.99%$65 M16.1%21.38%
2018-Q2$431 M6.48%$60 M13.8%-8.49%
2018-Q3$466 M8.18%$67 M14.4%12.53%
2018-Q4$477 M2.37%$67 M14.1%0.43%
2019-Q1$466 M-2.25%$79 M17.0%17.74%

Heico ownership

When you are planning to invest in a stock, it's worth to have a look its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Heico, 22.50% of all outstanding shares are owned by its staff.

In case of Heico stock, 67.19% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for HEI stock account 0.00%, no big difference from last month.

For a better understanding, the following table shows ownership data compared to other related stocks:

HEI
Market cap$4.0 B
Total shares54.2 M
Float shares115.4 M
  - Institutional holdings (%)67.2%
  - Insider holdings (%)22.5%
Shares in short selling0.0%

Heico summary

Tuesday, March 31st, 2020
Open$75.52
Close$74.61
Day range$74.18 - $79.12
Previous close$76.89
Session gain-2.97%
Average true range$9.16
50d mov avg$106.48
100d mov avg$114.90
200d mov avg$123.44
Daily patternlt03a
Weekly pattern lb06a

Heico performance

To measure stock performance is always good to benchmark with competitors or related stocks. In the following table, we compare Heico performance to :
Stock3m6m12m
HEIHeico-38.03%-39.67%-24.27%

Heico competitors

Unfortunately, we could not find any public company that could be defined as Heico competitor. This doesn't mean Heico does not have any competitor in the market, it's just we could not detected it.

    Latest Heico stock news