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United States

HEICO Corp (HEI.N)

HEI.N on New York Stock Exchange

84.71USD
16 Nov 2018
Change (% chg)

$0.19 (+0.22%)
Prev Close
$84.52
Open
$84.06
Day's High
$84.82
Day's Low
$83.53
Volume
105,798
Avg. Vol
101,539
52-wk High
$94.02
52-wk Low
$55.49

Latest Key Developments (Source: Significant Developments)

Heico Corp Reports Q1 EPS Of $0.60
Tuesday, 27 Feb 2018 04:15pm EST 

Feb 27 (Reuters) - Heico Corp ::HEICO CORPORATION REPORTS RECORD NET INCOME AND INCREASES IN NET SALES AND OPERATING INCOME FOR THE FIRST QUARTER OF FISCAL 2018; FULL FISCAL YEAR 2018 GROWTH ESTIMATES RAISED IN NET SALES, NET INCOME AND CASH FLOW.SEES FY 2018 SALES UP 12 PERCENT - 14 PERCENT .Q1 EARNINGS PER SHARE $0.60.Q1 SALES ROSE 18 PERCENT TO $404.4 MILLION.  Full Article

Heico Corp Acquires Radiation Detection Leader
Tuesday, 27 Feb 2018 08:30am EST 

Feb 27 (Reuters) - Heico Corp ::HEICO CORPORATION ACQUIRES RADIATION DETECTION LEADER.‍FURTHER FINANCIAL TERMS AND DETAILS WERE NOT DISCLOSED.​.‍FURTHER FINANCIAL TERMS AND DETAILS WERE NOT DISCLOSED.​.‍HEICO STATED THAT IT EXPECTS ACQUISITION TO BE ACCRETIVE TO ITS EARNINGS WITHIN A YEAR FOLLOWING PURCHASE​.‍SANTA BARBARA INFRARED SUBSIDIARY ACQUIRED 85 PCT OF BUSINESS AND ASSETS OF SENSOR TECHNOLOGY ENGINEERING IN AN ALL CASH TRANSACTION​.  Full Article

Heico Corp Share Prices Adjusted For Stock Split
Thursday, 18 Jan 2018 08:30am EST 

Jan 18 (Reuters) - Heico Corp ::HEICO CORPORATION SHARE PRICES ADJUSTED FOR STOCK SPLIT.HEICO - ALL CLASS A COMMON STOCK, COMMON STOCK WILL COMMENCE TRADING ON A "POST-SPLIT" BASIS TO REFLECT PREVIOUSLY ANNOUNCED 5-FOR-4 STOCK SPLIT.HEICO - PRICES OF CLASS A COMMON STOCK AND COMMON STOCK WILL AUTOMATICALLY BE ADJUSTED DOWNWARD BY 25% FROM NYSE CLOSING PRICE ON JAN 17 FOR SPLIT.  Full Article

HEICO Corp Qtrly Earnings Per Share $0.62
Monday, 18 Dec 2017 04:17pm EST 

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 09:00am EST 

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 08:31am EST 

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 08:30am EST 

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 ‍reports Q3 earnings per share of $0.53​
Wednesday, 23 Aug 2017 04:30pm EDT 

Aug 23 (Reuters) - Heico Corp :HEICO Corp reports record net income and net sales for the third quarter of fiscal 2017; full fiscal year 2017 net income and net sales growth estimates raised.Q3 earnings per share $0.53.Q3 sales $391.5 million versus I/B/E/S view $390.7 million.Q3 earnings per share view $0.53 -- Thomson Reuters I/B/E/S.‍Increasing estimated consolidated fiscal 2017 year-over-year growth in net sales to 9 percent - 11 percent​.HEICO - ‍with respect to remainder of fiscal 2017, now estimate high-single digit growth in flight support group's net sales over fiscal 2016 levels​.Now anticipate capital expenditures to approximate $31 million​ for consolidated fiscal 2017.  Full Article

Heico to buy Aeroantenna Technology in its largest acquisition
Friday, 18 Aug 2017 08:00am EDT 

Aug 18 (Reuters) - Heico Corp :Heico Corporation announces its largest acquisition.Heico Corp - deal for ‍$316.5 million in cash​.Heico Corp - Heico stated purchase price is $316.5 million in cash to be paid at closing​.Heico Corp - its electronic technologies group entered into a stock purchase agreement to acquire 100% of stock of Aeroantenna Technology Inc..Heico Corp - ‍expects acquisition to be accretive to its earnings within first year following closing​.Heico Corp - ‍additional financial details were not disclosed.​.Heico Corp - ‍purchase price includes about $37 million to compensate sellers for tax elections which will result in a net cash tax benefit to Heico.Heico Corp - AAT would continue to operate in same location with current management in place.Heico Corp - ‍no material staff turnover is expected post-acquisition.​.  Full Article

Heico Corp acquires composites manufacturer Carbon by Design
Tuesday, 20 Jun 2017 04:00am EDT 

June 20 (Reuters) - Heico Corp ::Heico acquires innovative composites manufacturer.Heico stated that it expects acquisition to be accretive to its earnings within first year following acquisition.Purchase price and financial details were not disclosed..Today announced that its flight support group has acquired 100% of carbon by design.  Full Article