HEICO Corporation

Last price update: 27 Mar 24 22:00 GMT

Price:
$194.43
Open:
$192.17
Previous close:
$190.48
Day's range:
$190.88 - $194.50
Year's range:
$153.63 - $200.64
Net Income per Share:
3.07
Price-to-Earnings ratio:
63.33
52-week Price Range:
$187.56
Volume:
$253,859.00
Average volume:
$377,595.00

Company profile for HEICO Corporation

HEICO Corporation logo

HEICO Corporation is a leading aerospace, defense and electronics company, which designs, manufactures and sells products and services to customers across the United States and around the world. Founded in 1957 and headquartered in Hollywood, Florida, the company provides a wide range of products and services within the aerospace, defense and electronics industries.

HEICO’s Flight Support Group segment provides parts, components and other products to the commercial, regional and general aviation markets. Its services include repairs, overhauls and maintenance for jet engines and aircraft components, avionics, instruments, composites, and flight surfaces. Its Electronic Technologies Group segment provides electro-optical infrared simulation and test equipment, electro-optical laser products, electro-optical, microwave, and other power equipment, electromagnetic and RFI shielding and suppression filters and high voltage interconnection devices. This segment also provides traveling wave tube amplifiers, microwave power modules and three-dimensional microelectronic and stacked memory products, among other products.

The company is well placed to take advantage of the increasing demand for newer and more efficient designs in the aerospace and defense industries. In addition, it provides specialty components and services to the aviation, defense, space, telecommunications and electronics markets. HEICO has taken a unique approach to business, with innovations in its products, services and technologies. It has created some of the most advanced aircraft engines, and its products are widely used in leading airlines and defense systems.

HEICO’s success is due in part to its strong financials, with revenue growing from $1.2 billion in 2017 to $2.3 billion in 2020. Additionally, the company’s share price has grown from $26 in 2016 to over $90 in 2020. This impressive growth is testament to the company’s success in delivering high quality products and services. The company is also well-positioned to take advantage of the growing demand for aerospace and defense products. Additionally, its strong balance sheet and low debt levels offers potential for further growth and expansion.

Stock exchanges:
NYSE
Sector:
Industrials
Industries:
Aerospace & Defense
Ticker:
HEI
CIK:
46619
ISIN:
US4228061093
Website:
https://www.heico.com
Phone:
954 987 4000
Origin:
United States
Employees:
6,500