Heico Corp. (NYSE:HEI)’s share price traded down 5.9% on Thursday . The company traded as low as $69.64 and last traded at $69.87, with a volume of 343,745 shares. The stock had previously closed at $74.24.

A number of equities analysts recently weighed in on the stock. Jefferies Group reaffirmed a “hold” rating on shares of Heico Corp. in a research report on Sunday, May 29th. Zacks Investment Research cut shares of Heico Corp. from a “buy” rating to a “hold” rating in a research report on Monday, May 2nd. Credit Suisse Group AG raised their price target on shares of Heico Corp. from $62.00 to $68.00 and gave the company a “neutral” rating in a research report on Thursday. Finally, Canaccord Genuity reissued a “buy” rating on shares of Heico Corp. in a research report on Thursday, May 26th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $71.00.

The stock has a market cap of $4.81 billion and a price-to-earnings ratio of 34.15. The firm’s 50 day moving average price is $69.26 and its 200 day moving average price is $63.22.

Heico Corp. (NYSE:HEI) last posted its quarterly earnings data on Wednesday, August 24th. The company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.03. The firm earned $356.10 million during the quarter, compared to analyst estimates of $356.35 million. During the same period in the prior year, the firm earned $0.51 EPS. The business’s quarterly revenue was up 18.5% on a year-over-year basis. Equities research analysts anticipate that Heico Corp. will post $2.15 earnings per share for the current fiscal year.

HEICO Corporation is an aerospace and electronics company. The Company provides commercial aircraft replacement parts, aircraft accessories component repair and overhaul services for avionic, electro-mechanical, flight surface, hydraulic and pneumatic applications; distributes aircraft parts, and manufactures other critical aircraft parts.

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