Investing.com - Stifel raised its price target on HEICO (NYSE:HEI) to $360 from $352 while maintaining a Buy rating following the aerospace company’s better-than-expected fiscal third-quarter results. According to InvestingPro data, HEICO currently trades at a P/E ratio of 75.6x and shows strong financial health with a current ratio of 3.43x, indicating robust liquidity.
HEICO reported sales of $1.15 billion for the quarter ended July 31, representing 16% year-over-year growth and exceeding Street estimates by 2.7%, according to Stifel analyst Jonathan Siegmann.
The company’s earnings per share reached $1.26, marking a 30% increase from the same period last year and surpassing consensus expectations by 10.1%.
Stifel highlighted HEICO’s sustained double-digit growth as a positive indicator amid growing concerns about moderating trends in the aerospace sector.
The firm adjusted its estimates upward to reflect the strength of HEICO’s quarterly performance, reaffirming its Buy recommendation alongside the price target increase.
In other recent news, Heico Corporation reported its earnings for the third quarter of 2025, exceeding analyst expectations. The company achieved an earnings per share of $1.26, outperforming the forecasted $1.12, which represents a 12.5% surprise. Heico’s revenue also surpassed predictions, reaching $1.15 billion compared to the anticipated $1.11 billion. These results indicate a strong performance for the company in this quarter. No mergers or acquisitions were reported in the recent updates. Analysts have not provided any new ratings or changes to Heico’s stock. Overall, these developments reflect recent positive momentum for Heico Corporation.
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Heico stock price target raised to $360 from $352 at Stifel on strong earnings
Published 2 months ago
Aug 26, 2025 at 5:33 PM
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