HEI.A Stock Summary and Trading Ideas (Heico | NYSE:HEI.A)

Heico is an aerospace and defense supplier that focuses on creating niche replacement parts for commercial aircraft and components for defense products. In commercial aerospace, Heico is the largest independent producer of replacement aircraft parts, primarily for engines. In the defense market, the company produces niche subcomponents used in targeting technology as well as simulation equipment, among other things. It operates as two segments: the flight support group,or FSG, and the electronic technologies group, or ETG, both of which supply the aerospace and defense sectors to different degrees. The company is highly acquisitive, focusing on companies in similar or adjacent markets that are generating strong cash flow with the potential for growth.

Heico trades on the NYSE stock market under the symbol HEI.A.

As of December 12, 2024, HEI.A stock price declined to $200.40 with 122,326 million shares trading.

HEI.A has a beta of 0.56, meaning it tends to be less sensitive to market movements. HEI.A has a correlation of 0.14 to the broad based SPY ETF.

HEI.A has a market cap of $27.69 billion. This is considered a Large Cap stock.

In the last 3 years, HEI.A traded as high as $219.22 and as low as $102.33.

The top ETF exchange traded funds that HEI.A belongs to (by Net Assets): VTI, VO, VXF, VUG, ITA.

HEI.A has outperformed the market in the last year with a return of +36.2%, while the SPY ETF gained +32.5%. However, in the most recent history, HEI.A shares have underperformed the stock market with its stock returning +1.0% in the last 3 month period and -4.7% for the last 2 week period, while SPY has returned +9.5% and +1.0%, respectively.

HEI.A support price is $197.78 and resistance is $204.48 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HEI.A shares will trade within this expected range on the day.