Heico (NYSE:HEI.A – Get Free Report) announced its quarterly earnings results on Wednesday. The company reported $1.66 earnings per share (EPS) for the quarter, Zacks reports. Heico had a return on equity of 16.57% and a net margin of 15.38%.
Heico Trading Up 0.7%
Shares of NYSE HEI.A traded up $1.69 during trading hours on Wednesday, reaching $230.58. The stock had a trading volume of 391,108 shares, compared to its average volume of 325,995. The company has a current ratio of 3.06, a quick ratio of 1.41 and a debt-to-equity ratio of 0.55. The firm has a market cap of $32.17 billion, a price-to-earnings ratio of 45.57 and a beta of 1.00. The business’s fifty day moving average price is $216.28 and its two-hundred day moving average price is $239.07. Heico has a 52-week low of $199.35 and a 52-week high of $279.66.
Insider Activity
In related news, Director Julie Neitzel sold 676 shares of the business’s stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $223.00, for a total value of $150,748.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 9.76% of the company’s stock.
About Heico
Heico Corporation (NYSE: HEI.A) is a diversified aerospace, defense and electronics company headquartered in Hollywood, Florida. The company operates through two primary business segments: the Flight Support Group, which focuses on manufacturing and distributing replacement parts and providing repair and overhaul services for commercial and military aircraft and engines; and the Electronic Technologies Group, which designs and produces high-reliability electronic components, subsystems and sensors for demanding applications.
Products and services include FAA-approved parts and supplemental type certified (STC) solutions, component repair and overhaul, and a range of specialty electronic components and assemblies used in aerospace, defense, space, medical and industrial markets.
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