Media headlines about Heico Corporation (NYSE:HEI) have trended somewhat positive this week, Accern reports. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Heico Corporation earned a news impact score of 0.20 on Accern’s scale. Accern also assigned headlines about the aerospace company an impact score of 46.5809790254577 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Stocks With Rising Relative Strength: Transdigm (finance.yahoo.com)
- Le PDG d’ HEICO, LAURANS A. MENDELSON, DECORE DE LA LEGION D’HONNEUR FRANÇAISE – SYS-CON Media (press release) (news.sys-con.com)
- HEICO CEO Laurans A. Mendelson Named to French Legion of Honor – SYS-CON Media (press release) (news.sys-con.com)
- HEICO CEO Laurans A. Mendelson Named to French Legion of … – Business Wire (press release) (businesswire.com)
- Microsoft Corporation (MSFT) Shares Bought by North American Management Corp (elcumanes.com)
Heico Corporation (HEI) opened at 77.07 on Tuesday. The stock has a market capitalization of $6.50 billion, a P/E ratio of 38.32 and a beta of 0.74. The stock has a 50 day moving average of $73.20 and a 200 day moving average of $67.90. Heico Corporation has a 52-week low of $52.06 and a 52-week high of $78.11.
Heico Corporation (NYSE:HEI) last announced its quarterly earnings results on Tuesday, May 23rd. The aerospace company reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.03. The business had revenue of $368.70 million for the quarter, compared to the consensus estimate of $368.78 million. Heico Corporation had a net margin of 12.08% and a return on equity of 15.89%. Heico Corporation’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same period last year, the company posted $0.57 EPS. On average, equities research analysts forecast that Heico Corporation will post $2.09 EPS for the current year.
The company also recently declared a semiannual dividend, which will be paid on Wednesday, July 19th. Investors of record on Wednesday, July 5th will be given a $0.08 dividend. This represents a dividend yield of 0.22%. This is an increase from Heico Corporation’s previous semiannual dividend of $0.07. The ex-dividend date is Friday, June 30th. Heico Corporation’s dividend payout ratio (DPR) is currently 7.93%.
HEI has been the topic of several recent research reports. Stephens initiated coverage on shares of Heico Corporation in a research note on Thursday, April 13th. They issued an “equal weight” rating and a $87.00 price objective on the stock. Zacks Investment Research raised shares of Heico Corporation from a “hold” rating to a “buy” rating and set a $83.00 price objective on the stock in a research note on Tuesday, May 30th. Canaccord Genuity reaffirmed a “buy” rating and issued a $80.00 price objective on shares of Heico Corporation in a research note on Monday, May 22nd. Jefferies Group LLC reaffirmed a “hold” rating and issued a $73.00 price objective (up previously from $68.00) on shares of Heico Corporation in a research note on Wednesday, April 26th. Finally, Deutsche Bank AG reaffirmed a “buy” rating and issued a $100.00 price objective on shares of Heico Corporation in a research note on Wednesday, April 12th. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $83.63.
About Heico Corporation
HEICO Corporation manufactures Federal Aviation Administration (FAA)-approved jet engine and aircraft component replacement parts, other than the original equipment manufacturers (OEMs) and their subcontractors. The Company also manufactures various types of electronic equipment for the aviation, medical, telecommunications and electronics industries.
Receive News & Ratings for Heico Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Heico Corporation and related companies with MarketBeat.com's FREE daily email newsletter.