Heico Corp Class A HEI.A

Morningstar Rating
$232.16 −2.79 (1.19%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

HEI.A is trading at a LOCK|C%#>%j premium.
Price
$234.52
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
—

News

Trading Information

Previous Close Price
$234.52
Day Range
$230.81–235.38
52-Week Range
$199.38–277.93
Bid/Ask
$231.60 / $232.38
Shares Outstanding
139.76M
Market Cap
$32.30B
Volume/Avg
164,363 / 292,962

Key Statistics

Price/Earnings (Normalized)
39.66
Price/Sales
6.39
Dividend Yield (Trailing)
0.11%
Dividend Yield (Forward)
0.11%
Dividend Payment Schedule
Jan, Jul
Total Yield
0.11%

Company Profile

Heico is an aerospace and defense supplier that focuses on creating replacement parts for commercial aircraft and components for defense products. In commercial aerospace, Heico is the largest independent producer of replacement aircraft parts. In the defense market, the company produces niche subcomponents used in targeting technology as well as simulation equipment, among other categories. It operates two segments: the flight support group and the electronic technologies group. Both supply the aerospace and defense sectors to different degrees. Heico is persistently acquisitive, focusing on companies in similar or adjacent markets that offer strong cash flow and profitable growth potential.
Sector
Industrials
Industry
Aerospace & Defense
Stock Style Box
Mid Growth
Total Number of Employees
11,100

Competitors

Valuation

Metric
HEI.A
BA
RTX
Price/Earnings (Normalized)
39.66—28.55
Price/Book Value
6.6220.363.79
Price/Sales
6.391.402.77
Price/Cash Flow
27.1448.0619.07
Price/Earnings
HEI.A
BA
RTX

Financial Strength

Metric
HEI.A
BA
RTX
Quick Ratio
1.110.310.67
Current Ratio
2.721.131.05
Interest Coverage
9.444.217.67
Quick Ratio
HEI.A
BA
RTX

Profitability

Metric
HEI.A
BA
RTX
Return on Assets (Normalized)
10.45%−0.61%5.72%
Return on Equity (Normalized)
21.03%−31.58%14.84%
Return on Invested Capital (Normalized)
14.44%2.65%10.33%
Return on Assets
HEI.A
BA
RTX

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1-Day Chart
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Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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LOCK|p<ZgCmGLOCK|&T?&s$2T
GE Aerospace
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LOCK|Y!%kH^sLOCK|lbT$309B
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RTX
LOCK|mXHLzRStLOCK|!<$263B
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EADSY
LOCK|^zgg!G%LOCK|jW$170B
Lockheed Martin Corp
LMT
LOCK|S>K<k&X@LOCK|%Sd$144B
Rolls-Royce Holdings PLC ADR
RYCEY
LOCK|?DYS$SLOCK|gQ#W$$136B
Boeing Co
BA
LOCK|<jY>s$<LOCK|WR$133B
General Dynamics Corp
GD
LOCK|X?K!!$sWLOCK|Vxb$96B
BAE Systems PLC ADR
BAESY
LOCK|%FpXh&>LOCK|VQ$80B
Northrop Grumman Corp
NOC
LOCK|nx&HTStLOCK|jt$78B

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