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Added to YB: 2024-12-02

Pitch date: 2024-09-30

HEI [bullish]

HEICO Corporation

+38.34%

current return

Author Info

No bio for this author

Company Info

HEICO Corporation provides aerospace, defense, and electronic related products and services in the United States and internationally.

Market Cap

$42.1B

Pitch Price

$261.74

Price Target

N/A

Dividend

0.07%

EV/EBITDA

31.85

P/E

64.66

EV/Sales

9.18

Sector

Aerospace and Defense

Category

growth

Show full summary:
Alger Mid Cap Focus Fund Portfolio Holding: HEICO Corporation

HEI: Leading FAA-approved jet engine & aircraft parts maker. Poised to benefit from aging global fleet & reduced new plane deliveries. Q3 beat on strong commercial aftermarket growth, defense acceleration & OEM pickup. Well-positioned for elevated fleet age in coming years.

Read full article (1 min)