Buy, Sell or Hold: HEICO CORP (HEI-N) — Stock Predictions at Stockchase

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Home Daily Stock Opinions and Ratings HEICO CORP (HEI-N)

NYSE:HEI

196.66

0.89 (0.45%) 1d

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Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

According to experts, HEICO CORP (HEI-N) is considered a very high-quality business with strong demand for aircraft parts and a skilled track record in M&A. The experts also noted that while the company's shares are not currently cheap enough to justify investment, they would consider investing if the share price ever falls. Additionally, there is optimism about the growing demand for air travel, which could benefit the company in the long run.

Consensus

Positive

Valuation

Fair Value

Similar

BUY ON WEAKNESS

Very high quality business.
Never cheap enough to justify investment.
Company very skilled at M&A.
Strong demand for aircraft parts.
Would invest if share price ever falls.
Sees demand for air travel growing.

transportation equip & components

BUY

HEI makes generic, cheaper airplane parts and has a long track record. Thus, they enjoy wide margins.

transportation equip & components

WAIT

They make OEM for commercial airlines, and electronic components for airlines, the military and NASA. Half the business is doing okay while the other is cocooning. They hit a high a year ago, and has come down after a stock split. The smallcap manufacturers are under the gun in recent years from weakening demand and profitability will be tough looking ahead. He's waiting for a vaccine and an economic pickup before buying more smallcaps, including this.

transportation equip & components

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Curated by Allan Tong since 2019.
99+ opinions with 4.15 rating.

TOP PICK

Heico makes replacement parts for old airplanes, and has been thriving on Boeing’s woes. It boasts a 57.74% total return in the past year at a 15.95% profit margin. More impressive, reports David Driscoll, since 1970 Heico has risen 10,000% (on par with Amazon) and its parts have never been in an accident in that time. Brett Girard adds that Heico’s aerospace division will benefit from the cosmic plans of Jeff Bezos and Richard Branson who are building an outer space tourism industry. Luckily, Heico dodged the trade war, because it has no business in China. However, Driscoll warns that Heico has flown too high, too fast, currently trading at a PE just under 50. Wait for a 20% pullback, then hang onto it.

transportation equip & components

BUY

In the last 5 years, its dividend has grown 18% annually. You're paid to wait. Good. Over 10 years, the stock is up nearly 1,000%. They've done a good job supplying replacement parts for planes. Also, a growing segment is outer space, which has a long runway. Their price and dividend has performed very well historically.

transportation equip & components

BUY ON WEAKNESS

HEI is picking up contracts that Boeing is losing. HEI hasn't had an accident in nearly 50 years. But this stock price went too far, too fast, so he sold half his holding to balance his weighting. A solid business. Enter with a half-position. You'll get 20% annual dividend growth. It's risen 10,000% since 1970, on par with Amazon. Likes this company. Buy on 20% weakness, too high now at 42x earnings.

transportation equip & components

PARTIAL BUY

They've done very well on the back of Boeing's woes. They make replacement parts for old planes, but it's not a cheap stock. He's taken a half position so he can be nimble. A good, long-term company despite a little volatility. They're acquisitive and smart with debt. Airlines are a little risky now, so he feels better being in the parts side, like Heico.

transportation equip & components

TOP PICK

An aerospace manufacturing company. Their parts have never been involved in any crashes. They grow their dividends at roughly 20%. He's happy to own it and hold for the next 10-20 years.

transportation equip & components

PAST TOP PICK

(A Top Pick May 27/19, Up 32%) You're exposed to all the airplanes coming back into the fleet with the Max 8 out to cover those routes. Long-term it's been very strong. They have an electronic tech division that deals in outer space which is a growth area with Bezos' and Branson's space plans.

transportation equip & components

TOP PICK

Serial acquirers in aerospace and defense. Net income has grown 19% Y/Y since 1990. No sales in Asia, so they avoid the tariffs. Also provides replacement parts for older planes. Yield is 0.13%. (Analysts’ price target is $105.11)

transportation equip & components

PARTIAL BUY

None of their aerospace parts have caused any accidents since they were formed in 1970. A quality company with quality goods. Q4 sales were up. If they're able to growth profits and dividends, then you can let this company run for you. Caveat: it's expensive, so buying half a position is OK. Plus, if we get another correction, the small caps will be more volatile. Have to make sure you're in quality small cap stocks, and this is one.

transportation equip & components

PARTIAL BUY

It’s still expensive. Don’t have to worry about the tariffs because it’s mostly domestic. Very well run. If the market goes down 20%, small caps will go down 30%. He’s buying a half position for clients, but is waiting for true value to buy the other half.

transportation equip & components

WAIT

Aerospace parts as well as electronic equipment. This has done exceptionally well over time. They are about to split their shares in May, which will probably be a 5 to 4 split, so he would hold back on buying this.

transportation equip & components

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HEICO CORP(HEI-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for HEICO CORP is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

HEICO CORP(HEI-N) Frequently Asked Questions

What is HEICO CORP stock symbol?

HEICO CORP is a American stock, trading under the symbol HEI-N on the New York Stock Exchange (HEI). It is usually referred to as NYSE:HEI or HEI-N

Is HEICO CORP a buy or a sell?

In the last year, 1 stock analyst published opinions about HEI-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for HEICO CORP.

Is HEICO CORP a good investment or a top pick?

HEICO CORP was recommended as a Top Pick by on . Read the latest stock experts ratings for HEICO CORP.

Why is HEICO CORP stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is HEICO CORP worth watching?

1 stock analyst on Stockchase covered HEICO CORP In the last year. It is a trending stock that is worth watching.

What is HEICO CORP stock price?

On 2024-04-18, HEICO CORP (HEI-N) stock closed at a price of $196.66.

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