Heico (NYSE:HEI.A) Issues Earnings Results

Heico (NYSE:HEI.A) announced its earnings results on Wednesday. The company reported $1.66 earnings per share (EPS) for the quarter, Zacks reports. Heico had a return on equity of 16.57% and a net margin of 15.38%.

Heico Stock Up 0.7%

Shares of NYSE HEI.A opened at $230.58 on Thursday. The firm has a market cap of $32.17 billion, a price-to-earnings ratio of 45.57 and a beta of 1.00. The company has a quick ratio of 1.41, a current ratio of 3.06 and a debt-to-equity ratio of 0.55. Heico has a 52-week low of $199.35 and a 52-week high of $279.66. The business’s 50 day moving average is $216.42 and its two-hundred day moving average is $238.94.

Insider Transactions at Heico

In other Heico news, Director Julie Neitzel sold 676 shares of the business’s stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $223.00, for a total value of $150,748.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 9.76% of the stock is currently owned by insiders.

Heico Company Profile

Heico Corporation (NYSE: HEI.A) is a diversified aerospace, defense and electronics company headquartered in Hollywood, Florida. The company operates through two primary business segments: the Flight Support Group, which focuses on manufacturing and distributing replacement parts and providing repair and overhaul services for commercial and military aircraft and engines; and the Electronic Technologies Group, which designs and produces high-reliability electronic components, subsystems and sensors for demanding applications.

Products and services include FAA-approved parts and supplemental type certified (STC) solutions, component repair and overhaul, and a range of specialty electronic components and assemblies used in aerospace, defense, space, medical and industrial markets.