Company Overview - HEICO Corporation is a leading manufacturer of FAA-approved jet engine and aircraft component replacement parts, as well as electronic equipment for various industries including aviation, defense, and telecommunications [12] - The company was incorporated in 1957 and its products are utilized in large commercial, regional, business, and military aircraft, as well as industrial turbines and electro-optical devices [12] Investment Ratings - HEICO is currently rated as 3 (Hold) on the Zacks Rank, indicating a neutral outlook [13] - The company has a VGM Score of B, suggesting a favorable combination of value, growth, and momentum characteristics [13] Momentum and Earnings Estimates - HEICO has a Momentum Style Score of A, with shares increasing by 5.7% over the past four weeks [13] - In the last 60 days, four analysts have revised their earnings estimates upwards for fiscal 2025, with the Zacks Consensus Estimate rising by $0.09 to $4.42 per share [13] - The company has an average earnings surprise of 11.9%, indicating a history of exceeding earnings expectations [13] Conclusion - With a solid Zacks Rank and strong Momentum and VGM Style Scores, HEICO Corporation is positioned as a noteworthy option for investors [14]
Why Heico Corporation (HEI) is a Top Momentum Stock for the Long-Term