Analyst Ratings for Heico Corp. (HEI)Updated: 2017-07-28
Shares of Heico Corp. (NYSE:HEI) have received a consensus rating of Overweight from Wall Street analysts. HEI had previously received a consensus rating of Overweight a month ago.
5 analysts declared HEI a buy, 1 issued an overweight rating, 4 issued a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
A number of analysts gave price targets for HEI. The maximum price target given was 87, implying potential capital gains of 7.67 percent. The most pessimistic analyst gave a price target of 68, which equates to a potential downside of -15.84 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is 0 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 5.09 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
HEI has an estimated earnings growth rate of 3.41 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of HEI is 11.73.
HEI has a 52-week high of 80.97 and a 52-week low of 52.56. The current market price is above the trailing year's low by 53.73 percent, and below the high by 0.21 percent. HEI has a P/E ratio of 40. Investors typically compare the P/E ratio to a company's peers in the industry. The HEI value stock report compares HEI to some of its peers using value stock charts. The stock has a market capitalization of $6.26 billion. HEI will post this quarters earnings in days, on 0000-00-00.