Heico (NYSE:HEI) announced its quarterly earnings results on Monday, December 18th. The aerospace company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.05, Bloomberg Earnings reports. The company had revenue of $421.22 million during the quarter, compared to analysts’ expectations of $408.32 million. Heico had a return on equity of 15.70% and a net margin of 12.20%. Heico’s quarterly revenue was up 15.9% on a year-over-year basis. During the same period last year, the business earned $0.65 earnings per share.
Heico (NYSE:HEI) traded up $0.27 during midday trading on Thursday, reaching $96.12. The company’s stock had a trading volume of 124,964 shares, compared to its average volume of 263,358. Heico has a one year low of $60.00 and a one year high of $101.40. The firm has a market capitalization of $7,290.00, a price-to-earnings ratio of 44.92, a P/E/G ratio of 3.75 and a beta of 0.73. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.53 and a quick ratio of 1.16.
The business also recently disclosed a semiannual dividend, which will be paid on Wednesday, January 17th. Shareholders of record on Wednesday, January 3rd will be paid a dividend of $0.07 per share. This represents a yield of 0.15%. The ex-dividend date of this dividend is Tuesday, January 2nd. Heico’s dividend payout ratio (DPR) is currently 6.54%.
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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.
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