HEICO Stock Price Prediction 2024, 2025, 2026-2030: Is HEICO Stock a Buy?
See the latest HEICO stock price prediction and other useful statistics that will aid your trading and investment decision.
HEICO is an American aerospace and defense technology Corporation which produces Aerospace and defense equipment. It was founded in 1957 with headquarters in Hollywood 3000 Taft St, United States.
Is HEICO stock publicly traded?
Yes, on March 17, 1992, HEICO began trading publicly when it opened at a split-adjusted price of $0.63 in the NYSE under the symbol ‘HEI’.
The stock underwent a total of 18 stock splits, the latest split occurred on June 28th, 2018, and the first February 1st, 1989.
HEICO Corporation has two classes of common stock namely; HEICO Class A Common Stock (NYSE: HEI.A) and HEICO Common Stock (NYSE: HEI).
Does HEICO pay Dividend?
Yes, HEICO currently pays dividend of $0.11 per share semi-annually with a dividend growth of 11.11% per annum.
PEOPLE ALSO READ: WBD Stock Price Prediction 2024, 2025, 2026-2030: Is WBD Stock a Buy?
The next dividend payment is on January 23 2025.The stock’s ex-dividend date is July 1, 2024, which means if you buy HEICO shares on or after this date you will not be eligible to receive the next dividend payment.
Will HEICO Continue to Go Up?
The Zacks projection for HEICO’s 2024 earnings per share (EPS) has increased 1.1% to $3.57 in the past 60 days.
Total revenues for the 2024 fiscal hits $3.87 billion, which implies a growth of 30.3% from the 2023 reported figure. This means that HEI stock has the potential to maintain a steady long term growth.
On average, Moneystics analysts 12-month price target issued in the past 3 months, predict that HEI share price could reach $246.57 by August 2025. The average stock price prediction forecasts a potential upside of 2.99% from the current HEI share price of $239.39
Is HEICO Stock a Good Investment?
Market fundamental and technical analysis has provided evidence to show that HEICO stock is a good investment.
In effect, most investors expect strong growth outlook and are willing to pay more for HEI. A few statistics are highlighted here.
August 14 2024 reports show that NEICO had $28.2 billion market capitalization, ranking it very high among the companies in the Aerospace & Defense industry.
The current PE ratio is 74.6. The trailing 12-month revenue is $3.5 billion which reported 12.6% profit level. This is a great sign of long term growth.
READ ALSO: LYFT Stock Price Prediction 2024, 2025, 2026-2035: Will LYFT Go Up?
Analysts expect adjusted earnings to reach $3.584 per share for the 2024 fiscal year as a 0.1% dividend yield has been reported.
Prediction from analysts tracking HEI reveals that earnings should grow by 17% per annum over the next three years. But the market is promising to grow 10% each year. This shows that HEICO is placed for a stronger earnings outcome.
Is HEICO Stock a Buy?
HEICO is projected to have 0.64% upside potential, based on the 13 analysts’ targeting average price. It has a consensus rating of a ‘strong buy’ which is based on 10 buy ratings, 3 hold ratings and 0 sell ratings.
According to 11 Wall Street’s Analysts 12-month price targets issued in the past 3 months, HEI has a consensus rating of buy based on 10 buy ratings, 1 hold ratings and 0 sell ratings.
Out of 9 Moneystics analysts, 6 (66.66%) are recommending HEICO as a Strong Buy, 2 (22.22%) are recommending HEICO as Buy, 1 (11.11%) are recommending HEICO as a Hold, 0 (0.00%) are recommending HEICO as a Sell, and 0 (0%) are recommending WBD as a Strong Sell.
How you can buy HEICO Shares: a 5-step approach
If you want to buy HEICO stock, here’s are the steps you need to follow:-
Step 1: Open a Brokerage Account
There are many brokerage firms you will have to choose from. This is called a trading account which you need to open with a brokerage that transacts in HEICO stock.
To do this requires your completion of online application form with your details such as your ID and address and then fund the account.
Step 2: Make Your Research on HEICO Inc. Stock
After deciding where to buy HEICO stocks, the next stage is to conduct research on the company. You need to know something about the company’s products, revenue, profitability, and other key fundamentals.
Step 3: Determine How Much You Want to Invest
You now think of how much you are ready to put into buying HEICO stock. This is done after assessing the risk associated with the stock and the extent you can manage the risk.
Step 4. Place an Order for HEICO Stock
Once you have resolved the volume of shares and how much you want to invest in HEICO stock, you can place your order to buy the stock.
Placing an order for HEICO requires a selection of your preferred number/volume of stock with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
Step 5. Track Your Investment Regularly
When investing in the stock market, it’s important to monitor your investments constantly and set a no-loss target on your portfolio.
Tracking your investments involves following up with key information about your stock performance. This helps you to make strategic decisions about pricing, gains, and loss.
DON’T MISS OUT: AAIRF Stock Price Forecast 2024, 2025-2027: Will AAIRF Stock Go Up?
HEICO Stock Price Prediction 2024, 2025, 2026, 2027, 2028, 2029 and 2030
The price of HEICO today is $239.39. Moneystics Stock predictions algorithm uses machine learning and in-depth learning technologies for HEICO stock.
Our model uses historical HEICO stock price data, volume, financial statements, and market sentiment.
| Year/Month | Average Price $ | Opening Price $ | High $ | Low $ | Closing Price $ | Total % change |
| 2024 | 197.45 | 141.72 | 254.70 | 124.10 | 253.17 | 78.64% |
| 2025 | 258.20 | 253.17 | 269.32 | 140.60 | 263.23 | 43.47% |
| 2026 | 281.38 | 264.00 | 271.30 | 153.08 | 298.75 | 13.16% |
| 2027 | 305.78 | 299.01 | 319.66 | 160.11 | 312.54 | 4.53% |
| 2028 | 309.23 | 313.56 | 337.54 | 169.03 | 304.90 | -2.76% |
| 2029 | 332.47 | 305.12 | 363.76 | 173.88 | 359.81 | 17.92 |
| 2030 | 370.95 | 360.00 | 390.17 | 175.40 | 381.90 | 6.08% |
Our predictions show that HEICO stock will maintain a steady growth into the future with volatility higher than overall industry average on account of 1.21 beta value.
It implies that HEICO will be 20% more volatile than the overall market. However, technology stocks naturally tend to have higher betas value than the market benchmark.
In 2025 HEICO will attain average price of $258.20 per share and $370.95 per share in 2030. The forecast outlook is that HEICO is a long term stock with growth prospect.
When will HEICO Stock reach $300 per share?
From the table above, the average price of HEICO in 2027 is $305.78 per share.
This implies that HEICO stock will reach $300 per share in 2027 as against the current price of $239.39.
That is to say, your $2000 investment in HEI today (roughly 8.36 units of shares) will appreciate to $2,556 in 2027.
Bottom Line
Moneystics analysts tracking HEICO for the past 3 years hold a consensus strong buy for the stock.
Investors buying HEI should consider the growth potential of the stock rather than being distracted by its volatility.
Investors with a long-term investment target will find HEICO stock profitable. But if you buy HEICO shares with a long term goal, you can benefit from both price appreciation and dividend yield.
