Heico Corporation is in the aerospace and defense industry and is in the industrials sector. The company CEO is Laurans A. Mendelson. Heico Corp through its subsidiaries is engaged in manufacturing electronic equipment for the aviation, defense, space, medical, telecommunications and electronics industries throughout the United States and internationally.



Previous Intraday Performance:

The HEI.A shares had a previous change of 1.19% which opened at 100.67 and closed at 101.02. It moved to an intraday high of 101.23 and a low of 99.90.

Business Wire:  HEICO Corporation Acquires Leading Surveillance Countermeasures Company

Historical Performance:

Over the last five trading days, HEI.A shares returned 5.74% and in the past 30 trading days it returned 14.10%. Over three months, it changed 25.77%. In one year it has changed 30.77% and within that year its 52 week high was 101.23 and its 52 week low was 57.84. HEI.A stock is 74.65% above its 52 week low.

Our calculations result in a 200 day moving average of 74.72 and a 50 day moving average of 87.68. Right now, HEI.A stock is trading 35.20% above its 200 day moving average.

Business Wire:  HEICO Corporation Acquires Leading Surveillance Countermeasures Company

Liquidity:

The company has a market cap of $13.5b with 133.8m shares outstanding and a float of 132.8m shares. Trading volume was 346,982 shares and has experienced an average volume of 502,780 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is good.

Earnings:

The last annual reported EPS for Heico Corporation was 1.91 which ended on 31st of October 2018, which according to the previous close, that is a PE of 52.89.

Below was the last reported quarterly diluted earnings per share:

Apr19 0.60
Jan19 0.58
Oct18 0.50
Jul18 0.49
Apr18 0.44

Base on our calculations, the intrinsic value per share is 50.19, which means it might be overvalued by -101.28%.

The long-term trend of the EPS is an important number as it indicates the present value of Heico Corporation; the EPS growth rate, as it is typically called, is usually expressed as a percentage, which at this time is hard to estimate, but revenue growth has been 16.10% over the last twelve months.



Indicators Also to Watch:

Based on the latest filings, there is 0.80% of insider ownership and 73.20% of institutional ownership. Short-interest was 586,927, which was 0.44% of shares outstanding. The short-interest ratio or days-to-cover ratio was 1.85. This stock has some short interest, but it might be normal and no need to worry if long the position.

The beta was calculated to be 0.60.

SeekingAlpha:  Standing At The Edge Of The Abyss

Fundamental Numbers:

Based on last reported financials, the company’s return on assets is 10.78%, profit margin is 16.94%, price-to-sales is 6.94 and price-to-book is 8.64.

Company Score Card:

Results are out of six:
 2  : Growth Expectations Result
 6  : Financial Safety Result
 5  : Past Performance Result
 0  : Valuation Result
 0  : Dividend Safety Result
 3  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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