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HEICO Corp (HEI.N)

HEI.N on New York Stock Exchange

92.11USD
19 Apr 2018
Change (% chg)

$1.31 (+1.44%)
Prev Close
$90.80
Open
$90.88
Day's High
$92.55
Day's Low
$90.70
Volume
75,717
Avg. Vol
108,785
52-wk High
$92.55
52-wk Low
$54.06

Latest Key Developments (Source: Significant Developments)

Heico Corp Subsidiary Acquires Flight Critical Aerospace Electronics Product Line
Tuesday, 17 Apr 2018 

April 17 (Reuters) - HEICO Corp ::HEICO CORPORATION SUBSIDIARY ACQUIRES FLIGHT CRITICAL AEROSPACE ELECTRONICS PRODUCT LINE.HEICO CORP - FURTHER FINANCIAL TERMS AND DETAILS WERE NOT DISCLOSED..HEICO CORP - EXPECTS ACQUISITION TO BE ACCRETIVE TO ITS EARNINGS WITHIN A YEAR FOLLOWING PURCHASE.HEICO CORP - UNIT ACQUIRED 100% OF BUSINESS AND ASSETS OF EMERGENCY LOCATOR TRANSMITTER BEACON PRODUCT LINE OF INSTRUMAR LIMITED IN ALL CASH DEAL.HEICO CORP - ELT PRODUCT LINE WILL BE INTEGRATED INTO DUKANE SEACOM'S EXISTING SARASOTA, FL FACILITY WITHIN YEAR FOLLOWING CLOSING.  Full Article

HEICO Corp Qtrly Earnings Per Share $0.62
Tuesday, 19 Dec 2017 

Dec 18 (Reuters) - Heico Corp ::HEICO CORPORATION REPORTS RECORD NET SALES, OPERATING INCOME AND NET INCOME FOR THE FOURTH QUARTER AND FULL YEAR OF FISCAL 2017; TARGETS CONTINUED GROWTH IN FISCAL 2018.Q4 EARNINGS PER SHARE $0.62.Q4 SALES $421.2 MILLION VERSUS I/B/E/S VIEW $409.5 MILLION.Q4 EARNINGS PER SHARE VIEW $0.57 -- THOMSON REUTERS I/B/E/S.ESTIMATES NET SALES GROWTH OF ABOUT 10-12 PERCENT IN FISCAL 2018 .  Full Article

Heico Corporation Declares A 5-For-4 Stock Split, Increases The Semi-Annual Cash Dividend By 9 Percent
Friday, 15 Dec 2017 

Dec 15 (Reuters) - Heico Corp ::HEICO CORPORATION DECLARES A 5-FOR-4 STOCK SPLIT, INCREASES THE SEMI-ANNUAL CASH DIVIDEND BY 9 PERCENT AND SETS THE ANNUAL MEETING AND RECORD DATE.HEICO CORP- STOCK SPLIT WILL BE EFFECTED IN FORM OF A 25% STOCK DIVIDEND ON EACH CLASS OF CO'S SHARES.  Full Article

Heico Corp announces record $1.3 billion credit facility
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Heico Corp :Heico Corporation announces record $1.3 billion credit facility.Heico - ‍Credit facility may be increased to $1.65 billion under some circumstances & replaces its $1.0 billion revolving credit facility.  Full Article

Heico corp subsidiary acquires Interface Displays & Controls Inc
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Heico Corp :Heico Corporation subsidiary acquires Interface Displays & Controls, Inc..Heico Corp - ‍expects acquisition to be accretive to its earnings within a year following purchase​.Heico Corp - ‍further financial terms and details were not disclosed​.Heico Corp - ‍its Radiant Power Corp acquired Interface Displays & Controls, Inc in an all cash transaction​.  Full Article

Heico Corp Q2 earnings per share $0.53
Wednesday, 24 May 2017 

May 23 (Reuters) - Heico Corp :Heico corporation reports record net income, operating income and net sales for the second quarter of fiscal 2017; full fiscal year 2017 growth estimates raised in net sales, net income and cash flow.Q2 earnings per share $0.53.Q2 sales $368.7 million versus i/b/e/s view $369.5 million.Q2 earnings per share view $0.50 -- Thomson Reuters I/B/E/S.Heico corp - full fiscal year 2017 growth estimates raised in net sales, net income and cash flow.Heico corp - increasing estimated consolidated fiscal 2017 year-over-year growth in net sales to 8% - 10%.Heico corp - increasing estimated consolidated fiscal 2017 year-over-year growth in net income to 12% - 14%.Fy2017 earnings per share view $2.05, revenue view $1.49 billion -- Thomson Reuters I/B/E/S.Heico corp - increasing estimated consolidated fiscal 2017 capital expenditures to approximate $35 million.Heico corp - anticipate fy 2017 consolidated operating margin to approximate 20%.  Full Article

Heico Corp announces 25 pct increase in credit facility
Monday, 24 Apr 2017 

April 24 (Reuters) - Heico Corp :Heico Corp announces 25 pct increase in credit facility.Increased its revolving credit facility to $1 billion, which is a $200 million, or 25 pct, increase to facility's previous, $800 million limit.Heico Corp says facility's term expires in December 2018.  Full Article

Heico Corp Q3 earnings per share $0.62
Thursday, 25 Aug 2016 

Heico Corp Sees Consolidated Fiscal 2016 Year : Heico Corp reports record net sales, operating income and net income for the third quarter of fiscal 2016; full year fiscal 2016 net income growth estimates raised . Q3 earnings per share $0.62 . Q3 sales $356.1 million versus I/B/E/S view $356.3 million . Over-Year growth in net income to 13 - 15 percent, up from prior growth estimate of 12 - 14 percent .Estimate consolidated fiscal 2016 year-over-year growth in net sales to approximate 15 - 17 percent.  Full Article

Heico Corp says unit enters into license agreement with Northrop Grumman
Thursday, 14 Jul 2016 

Heico Corp - : Unit entered into license agreement with Northrop Grumman to perform overhaul, repair of select inertial reference units .Says inertial aerospace services will receive Northrop's parts inventory and test equipment for Northrop Grumman licensed products.  Full Article

Heico Corp reports Q2 earnings per share of $0.57
Thursday, 26 May 2016 

Heico Corp : Heico Corporation reports record net sales and net income for the second quarter of fiscal 2016; full year fiscal 2016 net sales and net income growth estimates raised . Q2 earnings per share $0.57 . Q2 sales $350.6 million versus I/B/E/S view $340.6 million . Q2 earnings per share view $0.56 -- Thomson Reuters I/B/E/S . Sees Flight Support Group's FY 2016 sales up 8 to 10 percent .Sees FY capital expenditures to approximate $32 million.  Full Article

BRIEF-Heico Corp Subsidiary Acquires Flight Critical Aerospace Electronics Product Line

* HEICO CORPORATION SUBSIDIARY ACQUIRES FLIGHT CRITICAL AEROSPACE ELECTRONICS PRODUCT LINE