Intrinsic value of Heico - HEI

Previous Close

$84.52

  Intrinsic Value

$145.60

stock screener

  Rating & Target

str. buy

+72%

Previous close

$84.52

 
Intrinsic value

$145.60

 
Up/down potential

+72%

 
Rating

str. buy

We calculate the intrinsic value of HEI stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 0001), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 4.5

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
   2
   3
   4
   5
   6
   7
   8
   9
   10
   11
   12
   13
   14
   15
   16
   17
   18
   19
   20
   21
   22
   23
   24
   25
   26
   27
   28
   29
   30
   31

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  16.80
  15.62
  14.56
  13.60
  12.74
  11.97
  11.27
  10.64
  10.08
  9.57
  9.11
  8.70
  8.33
  8.00
  7.70
  7.43
  7.19
  6.97
  6.77
  6.59
  6.43
  6.29
  6.16
  6.05
  5.94
  5.85
  5.76
  5.69
  5.62
  5.56
Revenue, $m
  1,781
  2,059
  2,359
  2,680
  3,021
  3,383
  3,764
  4,165
  4,585
  5,023
  5,481
  5,958
  6,455
  6,971
  7,508
  8,066
  8,645
  9,248
  9,874
  10,525
  11,202
  11,907
  12,641
  13,405
  14,201
  15,032
  15,898
  16,802
  17,746
  18,732
Variable operating expenses, $m
  1,257
  1,428
  1,612
  1,809
  2,019
  2,242
  2,476
  2,722
  2,981
  3,250
  3,370
  3,663
  3,968
  4,286
  4,616
  4,959
  5,315
  5,685
  6,070
  6,471
  6,887
  7,320
  7,771
  8,241
  8,731
  9,241
  9,774
  10,330
  10,910
  11,516
Fixed operating expenses, $m
  125
  127
  130
  133
  136
  139
  142
  145
  148
  152
  155
  158
  162
  165
  169
  173
  177
  180
  184
  189
  193
  197
  201
  206
  210
  215
  220
  224
  229
  234
Total operating expenses, $m
  1,382
  1,555
  1,742
  1,942
  2,155
  2,381
  2,618
  2,867
  3,129
  3,402
  3,525
  3,821
  4,130
  4,451
  4,785
  5,132
  5,492
  5,865
  6,254
  6,660
  7,080
  7,517
  7,972
  8,447
  8,941
  9,456
  9,994
  10,554
  11,139
  11,750
Operating income, $m
  399
  504
  617
  737
  866
  1,002
  1,146
  1,297
  1,456
  1,621
  1,956
  2,137
  2,324
  2,520
  2,723
  2,934
  3,154
  3,382
  3,619
  3,866
  4,122
  4,390
  4,668
  4,958
  5,260
  5,575
  5,904
  6,248
  6,606
  6,981
EBITDA, $m
  602
  713
  833
  961
  1,097
  1,242
  1,395
  1,555
  1,723
  1,899
  2,083
  2,274
  2,473
  2,680
  2,896
  3,120
  3,353
  3,595
  3,846
  4,108
  4,380
  4,664
  4,959
  5,266
  5,587
  5,921
  6,270
  6,634
  7,015
  7,412
Interest expense (income), $m
  10
  36
  49
  62
  76
  92
  108
  125
  144
  163
  183
  204
  226
  249
  272
  297
  323
  349
  377
  406
  436
  467
  500
  533
  568
  605
  643
  683
  724
  768
  813
Earnings before tax, $m
  363
  455
  555
  661
  774
  894
  1,021
  1,154
  1,293
  1,439
  1,753
  1,911
  2,076
  2,247
  2,426
  2,611
  2,804
  3,005
  3,213
  3,430
  3,655
  3,890
  4,135
  4,389
  4,655
  4,932
  5,221
  5,523
  5,839
  6,168
Tax expense, $m
  98
  123
  150
  178
  209
  241
  276
  311
  349
  388
  473
  516
  560
  607
  655
  705
  757
  811
  867
  926
  987
  1,050
  1,116
  1,185
  1,257
  1,332
  1,410
  1,491
  1,576
  1,665
Net income, $m
  265
  332
  405
  482
  565
  653
  745
  842
  944
  1,050
  1,279
  1,395
  1,515
  1,641
  1,771
  1,906
  2,047
  2,193
  2,345
  2,504
  2,668
  2,840
  3,018
  3,204
  3,398
  3,601
  3,812
  4,032
  4,262
  4,503

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  2,934
  3,392
  3,886
  4,415
  4,977
  5,573
  6,201
  6,861
  7,553
  8,276
  9,030
  9,816
  10,634
  11,485
  12,369
  13,288
  14,243
  15,235
  16,267
  17,339
  18,455
  19,616
  20,825
  22,084
  23,396
  24,764
  26,191
  27,680
  29,235
  30,859
Adjusted assets (=assets-cash), $m
  2,934
  3,392
  3,886
  4,415
  4,977
  5,573
  6,201
  6,861
  7,553
  8,276
  9,030
  9,816
  10,634
  11,485
  12,369
  13,288
  14,243
  15,235
  16,267
  17,339
  18,455
  19,616
  20,825
  22,084
  23,396
  24,764
  26,191
  27,680
  29,235
  30,859
Revenue / Adjusted assets
  0.607
  0.607
  0.607
  0.607
  0.607
  0.607
  0.607
  0.607
  0.607
  0.607
  0.607
  0.607
  0.607
  0.607
  0.607
  0.607
  0.607
  0.607
  0.607
  0.607
  0.607
  0.607
  0.607
  0.607
  0.607
  0.607
  0.607
  0.607
  0.607
  0.607
Average production assets, $m
  980
  1,133
  1,297
  1,474
  1,662
  1,861
  2,070
  2,291
  2,522
  2,763
  3,015
  3,277
  3,550
  3,834
  4,129
  4,436
  4,755
  5,086
  5,431
  5,789
  6,161
  6,549
  6,952
  7,373
  7,811
  8,267
  8,744
  9,241
  9,760
  10,302
Working capital, $m
  386
  447
  512
  582
  656
  734
  817
  904
  995
  1,090
  1,189
  1,293
  1,401
  1,513
  1,629
  1,750
  1,876
  2,007
  2,143
  2,284
  2,431
  2,584
  2,743
  2,909
  3,082
  3,262
  3,450
  3,646
  3,851
  4,065
Total debt, $m
  901
  1,148
  1,413
  1,698
  2,000
  2,321
  2,659
  3,014
  3,386
  3,775
  4,181
  4,604
  5,044
  5,501
  5,977
  6,471
  6,985
  7,519
  8,074
  8,651
  9,251
  9,876
  10,526
  11,204
  11,910
  12,646
  13,413
  14,214
  15,051
  15,925
Total liabilities, $m
  1,579
  1,825
  2,091
  2,375
  2,678
  2,998
  3,336
  3,691
  4,063
  4,452
  4,858
  5,281
  5,721
  6,179
  6,654
  7,149
  7,663
  8,196
  8,751
  9,329
  9,929
  10,553
  11,204
  11,881
  12,587
  13,323
  14,091
  14,892
  15,728
  16,602
Total equity, $m
  1,356
  1,567
  1,795
  2,040
  2,300
  2,575
  2,865
  3,170
  3,489
  3,823
  4,172
  4,535
  4,913
  5,306
  5,714
  6,139
  6,580
  7,039
  7,515
  8,011
  8,526
  9,063
  9,621
  10,203
  10,809
  11,441
  12,100
  12,788
  13,507
  14,257
Total liabilities and equity, $m
  2,935
  3,392
  3,886
  4,415
  4,978
  5,573
  6,201
  6,861
  7,552
  8,275
  9,030
  9,816
  10,634
  11,485
  12,368
  13,288
  14,243
  15,235
  16,266
  17,340
  18,455
  19,616
  20,825
  22,084
  23,396
  24,764
  26,191
  27,680
  29,235
  30,859
Debt-to-equity ratio
  0.660
  0.730
  0.790
  0.830
  0.870
  0.900
  0.930
  0.950
  0.970
  0.990
  1.000
  1.020
  1.030
  1.040
  1.050
  1.050
  1.060
  1.070
  1.070
  1.080
  1.090
  1.090
  1.090
  1.100
  1.100
  1.110
  1.110
  1.110
  1.110
  1.120
Adjusted equity ratio
  0.462
  0.462
  0.462
  0.462
  0.462
  0.462
  0.462
  0.462
  0.462
  0.462
  0.462
  0.462
  0.462
  0.462
  0.462
  0.462
  0.462
  0.462
  0.462
  0.462
  0.462
  0.462
  0.462
  0.462
  0.462
  0.462
  0.462
  0.462
  0.462
  0.462

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  265
  332
  405
  482
  565
  653
  745
  842
  944
  1,050
  1,279
  1,395
  1,515
  1,641
  1,771
  1,906
  2,047
  2,193
  2,345
  2,504
  2,668
  2,840
  3,018
  3,204
  3,398
  3,601
  3,812
  4,032
  4,262
  4,503
Depreciation, amort., depletion, $m
  203
  209
  216
  224
  231
  240
  249
  258
  267
  278
  126
  137
  149
  160
  173
  186
  199
  213
  227
  242
  258
  274
  291
  308
  327
  346
  366
  387
  408
  431
Funds from operations, $m
  468
  542
  621
  706
  797
  892
  994
  1,100
  1,211
  1,328
  1,405
  1,532
  1,664
  1,801
  1,944
  2,092
  2,246
  2,406
  2,573
  2,746
  2,926
  3,114
  3,309
  3,513
  3,725
  3,946
  4,178
  4,419
  4,671
  4,934
Change in working capital, $m
  56
  60
  65
  70
  74
  78
  83
  87
  91
  95
  99
  104
  108
  112
  116
  121
  126
  131
  136
  141
  147
  153
  159
  166
  173
  180
  188
  196
  205
  214
Cash from operations, $m
  412
  481
  556
  636
  723
  814
  911
  1,013
  1,120
  1,232
  1,306
  1,429
  1,556
  1,689
  1,827
  1,971
  2,120
  2,275
  2,437
  2,605
  2,779
  2,961
  3,150
  3,347
  3,552
  3,766
  3,990
  4,223
  4,466
  4,720
Maintenance CAPEX, $m
  -35
  -41
  -47
  -54
  -62
  -70
  -78
  -87
  -96
  -106
  -116
  -126
  -137
  -149
  -160
  -173
  -186
  -199
  -213
  -227
  -242
  -258
  -274
  -291
  -308
  -327
  -346
  -366
  -387
  -408
New CAPEX, $m
  -141
  -153
  -165
  -176
  -188
  -199
  -210
  -220
  -231
  -241
  -252
  -262
  -273
  -284
  -295
  -307
  -319
  -331
  -344
  -358
  -372
  -388
  -404
  -420
  -438
  -457
  -476
  -497
  -519
  -542
Cash from investing activities, $m
  -176
  -194
  -212
  -230
  -250
  -269
  -288
  -307
  -327
  -347
  -368
  -388
  -410
  -433
  -455
  -480
  -505
  -530
  -557
  -585
  -614
  -646
  -678
  -711
  -746
  -784
  -822
  -863
  -906
  -950
Free cash flow, $m
  236
  287
  344
  406
  473
  546
  623
  706
  793
  886
  939
  1,040
  1,146
  1,257
  1,372
  1,491
  1,616
  1,745
  1,880
  2,019
  2,164
  2,315
  2,472
  2,636
  2,806
  2,983
  3,167
  3,360
  3,560
  3,769
Issuance/(repayment) of debt, $m
  227
  247
  266
  284
  303
  320
  338
  355
  372
  389
  406
  423
  440
  458
  476
  494
  514
  534
  555
  577
  600
  625
  650
  677
  706
  736
  768
  801
  837
  874
Issuance/(repurchase) of shares, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  227
  247
  266
  284
  303
  320
  338
  355
  372
  389
  406
  423
  440
  458
  476
  494
  514
  534
  555
  577
  600
  625
  650
  677
  706
  736
  768
  801
  837
  874
Total cash flow (excl. dividends), $m
  464
  534
  609
  690
  776
  866
  961
  1,061
  1,166
  1,275
  1,345
  1,463
  1,586
  1,714
  1,847
  1,986
  2,130
  2,279
  2,435
  2,596
  2,765
  2,940
  3,123
  3,313
  3,512
  3,719
  3,935
  4,161
  4,397
  4,643
Retained Cash Flow (-), $m
  -194
  -212
  -228
  -244
  -260
  -275
  -290
  -305
  -320
  -334
  -348
  -363
  -378
  -393
  -409
  -425
  -441
  -458
  -477
  -496
  -515
  -536
  -558
  -582
  -606
  -632
  -659
  -688
  -718
  -750
Prev. year cash balance distribution, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
  269
  322
  381
  446
  516
  591
  671
  756
  846
  941
  996
  1,100
  1,208
  1,321
  1,439
  1,561
  1,688
  1,821
  1,958
  2,101
  2,249
  2,404
  2,564
  2,731
  2,905
  3,087
  3,276
  3,473
  3,678
  3,893
Discount rate, %
  5.00
  5.25
  5.51
  5.79
  6.08
  6.38
  6.70
  7.04
  7.39
  7.76
  8.14
  8.55
  8.98
  9.43
  9.90
  10.39
  10.91
  11.46
  12.03
  12.63
  13.27
  13.93
  14.63
  15.36
  16.13
  16.93
  17.78
  18.67
  19.60
  20.58
PV of cash for distribution, $m
  256
  291
  325
  356
  384
  408
  426
  439
  445
  446
  421
  411
  395
  374
  349
  321
  290
  258
  226
  195
  164
  136
  111
  89
  69
  53
  39
  29
  20
  14
Current shareholders' claim on cash, %
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

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. It operates through two segments: Flight Support Group (FSG) and Electronic Technologies Group (ETG). The FSG segment consists of HEICO Aerospace Holdings Corp. and HEICO Flight Support Corp. and their collective subsidiaries. The FSG segment designs and manufactures jet engine and aircraft component replacement parts. The ETG segment consists of HEICO Electronic Technologies Corp. and its subsidiaries. The ETG segment designs and produces mission-critical subcomponents for various markets, which are utilized in larger systems, including targeting, tracking, identification, testing, communications, telecom and computer systems.

FINANCIAL RATIOS  of  Heico (HEI)

Valuation Ratios
P/E Ratio 38.4
Price to Sales 4.7
Price to Book 6.2
Price to Tangible Book
Price to Cash Flow 26
Price to Free Cash Flow 28.7
Growth Rates
Sales Growth Rate 10.8%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate -16.1%
Cap. Spend. - 3 Yr. Gr. Rate 10.2%
Financial Strength
Quick Ratio NaN
Current Ratio 0
LT Debt to Equity 58.1%
Total Debt to Equity 58.1%
Interest Coverage 31
Management Effectiveness
Return On Assets 8.6%
Ret/ On Assets - 3 Yr. Avg. 8.6%
Return On Total Capital 11.4%
Ret/ On T. Cap. - 3 Yr. Avg. 11.8%
Return On Equity 17.5%
Return On Equity - 3 Yr. Avg. 17.6%
Asset Turnover 0.7
Profitability Ratios
Gross Margin 37.7%
Gross Margin - 3 Yr. Avg. 37.2%
EBITDA Margin 24.5%
EBITDA Margin - 3 Yr. Avg. 23.8%
Operating Margin 20.1%
Oper. Margin - 3 Yr. Avg. 19.6%
Pre-Tax Margin 19.5%
Pre-Tax Margin - 3 Yr. Avg. 19%
Net Profit Margin 12.2%
Net Profit Margin - 3 Yr. Avg. 11.6%
Effective Tax Rate 30.2%
Eff/ Tax Rate - 3 Yr. Avg. 31.1%
Payout Ratio 7%

HEI stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the HEI stock intrinsic value calculation we used $1524.813 million for the last fiscal year's total revenue generated by Heico. The default revenue input number comes from 0001 income statement of Heico. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our HEI stock valuation model: a) initial revenue growth rate of 16.8% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 5%, whose default value for HEI is calculated based on our internal credit rating of Heico, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Heico.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of HEI stock the variable cost ratio is equal to 72.1%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $122 million in the base year in the intrinsic value calculation for HEI stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 5.4% for Heico.

Corporate tax rate of 27% is the nominal tax rate for Heico. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the HEI stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for HEI are equal to 55%.

Life of production assets of 23.9 years is the average useful life of capital assets used in Heico operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for HEI is equal to 21.7%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $1161.08 million for Heico - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 53.342 million for Heico is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Heico at the current share price and the inputted number of shares is $4.5 billion.

RELATED COMPANIES Price Int.Val. Rating
SIF SIFCO Industri 4.78 1.37  str.sell
UTX United Technol 129.73 179.58  buy
ESL Esterline Tech 117.40 76.29  hold
TGI Triumph Group 18.67 22.01  hold
HON Honeywell Inte 147.77 242.19  str.buy

COMPANY NEWS

▶ Do Institutions Own HEICO Corporation (NYSE:HEI) Shares?   [Nov-15-18 01:42PM  Simply Wall St.]
▶ Heico Corp. buys New York manufacturer in all-cash deal   [Nov-01-18 01:33PM  American City Business Journals]
▶ Can These 3 Stocks Keep Up Their Sector-Beating Streak?   [Oct-24-18 08:41AM  Motley Fool]
▶ VPT, Inc. Celebrates 25th Anniversary   [Sep-12-18 01:11PM  PR Newswire]
▶ G.research Aerospace & Defense Conference   [09:06AM  Business Wire]
▶ 3 Stocks Move Tuesday   [Aug-28-18 04:52PM  GuruFocus.com]
▶ Why Heico Corp.'s Shares Popped 11% Today   [03:30PM  Motley Fool]
▶ [$$] Stocks to Watch: Lattice Semiconductor, Gartner, Heico   [06:29AM  The Wall Street Journal]
▶ After-hours buzz: AMD, AKCA, IONS & more   [Aug-27-18 05:47PM  CNBC]
▶ Gabelli & Companys Aerospace & Defense Conference   [Aug-07-18 07:30AM  Business Wire]
▶ HEICO Corporation Share Prices Adjusted For Stock Split   [Jun-28-18 08:00AM  Business Wire]
▶ Is HEICO Corporations (NYSE:HEI) ROE Of 16.51% Sustainable?   [Jun-22-18 10:47AM  Simply Wall St.]
▶ Heico Corp. Increases Growth Expectations   [Jun-05-18 07:19AM  Motley Fool]
▶ HEICO Corporation to Host Earnings Call   [May-30-18 07:00AM  ACCESSWIRE]
▶ Heico Corp. subsidiary acquires majority stake in radiation detection tech firm   [Mar-01-18 03:25PM  American City Business Journals]
▶ HEICO Corporation to Host Earnings Call   [Feb-28-18 06:50AM  ACCESSWIRE]
▶ How to Find the Best Companies to Buy Stock In   [Jan-23-18 09:06PM  Motley Fool]
▶ ETFs with exposure to HEICO Corp. : December 26, 2017   [Dec-26-17 11:37AM  Capital Cube]
▶ Heico Corporation Supercharges Growth to End 2017   [Dec-19-17 03:53PM  Motley Fool]
▶ Heico tops Street 4Q forecasts   [Dec-18-17 04:33PM  Associated Press]
▶ Stocks Showing Market Leadership: Heico Earns 91 RS Rating   [03:00AM  Investor's Business Daily]
▶ Heico Corp. shares reach all-time high following stock split   [Dec-15-17 02:50PM  American City Business Journals]
▶ Earnings Season Preview: Heico Near Buy Zone With EPS Due   [Dec-08-17 03:00AM  Investor's Business Daily]
▶ Tech tanks, financials surge, bitcoin speeds past $11,000   [Nov-29-17 11:34AM  Yahoo Finance]
▶ Stocks crawl to record highs, bitcoin nears $10,000   [Nov-28-17 11:31AM  Yahoo Finance]

CONTACT US       ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.