Heico Corporation (HEI) has been on a downward spiral lately with significant selling pressure. After declining 5.9% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all. By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss. However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task. By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss. However, it's pretty easy to find cutting-edge growth stocks with th ...

Investors interested in Aerospace stocks should always be looking to find the best-performing companies in the group. Is Heico Corporation (HEI) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Aerospace peers, we might be able to answer that question. Heico Corporation is a member of our Aerospace group, which includes 46 different companies and currently sits at #1 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector grou ...

It has been about a month since the last earnings report for Heico Corporation (HEI) . Shares have added about 7.4% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Heico due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. HEICO's Q3 Earnings Surpass Estimates, Sales In ...

Billionaire investor Warren Buffett — the Oracle of Omaha — is known for his value investing style. Many want to mirror the legend's investing strategy and emerge a winner, having navigated the turbulent financial and economic waters. Want to Follow Buffett's Q2 Buys? Buffett took new positions in only two stocks in the second quarter of 2024. He purchased 1.04 million shares of aerospace and electronics company Heico (HEI) for Berkshire Hathaway's (BRK.A) (BRK.B) portfolio. He also bought over 690,000 shar ...

Index UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to _______ Commission File Number: 001-04604 HEICO CORPORATION (Exact name of registrant as specified in its charter) Florida 65-0341002 (State or other juri ...

HEICO Corporation (NYSE:HEI) Q3 2024 Earnings Conference Call August 27, 2024 9:00 AM ET Company Participants Laurans Mendelson - Chairman & CEO Eric Mendelson - Co-President & President of Flight Support Group Victor Mendelson - Co-President & President of Electronic Technologies Group Carlos Macau - EVP & CFO Conference Call Participants Robert Spingarn - Melius Research Bert Subin - Stifel Larry Solow - CJS Securities Peter Arment - Baird David Strauss - Barclays Pete Skibitski - Alembic Global Louis Raf ...

HEICO Corporation's (HEI) third-quarter fiscal 2024 earnings per share (EPS) of 97 cents beat the Zacks Consensus Estimate of 91 cents by 6.6%. The bottom line also improved 31.1% from the prior-year quarter's 74 cents. HEI's Total Sales The company's net sales increased 37.3% year over year to $992.2 million in the reported quarter. The figure also beat the Zacks Consensus Estimate of $987 million by 0.6%. The year-over-year upside was driven by record operating results from the Flight Support Group segmen ...

The company reported a choppy quarter, but the long-term thesis is intact. Heico (HEI -1.90%) reported mixed results in its fiscal third quarter, beating earnings primarily thanks to a lower-than-expected tax rate. Investors were largely put off by the news, sending Heico shares down as much as 6% at the open and 3% as of 10:30 a.m. ET. Strong aerospace, muted electronics Heico is a maker of electronics and other components for a variety of industries, with an emphasis on aerospace. The company earned $0.97 ...