Professional
Added to YB: 2024-12-02
Pitch date: 2024-09-30
HEI [bullish]
HEICO Corporation
+19.13%
current return
Author Info
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Company Info
HEICO Corporation provides aerospace, defense, and electronic related products and services in the United States and internationally.
Market Cap
$36.7B
Pitch Price
$262.04
Price Target
N/A
Dividend
0.08%
EV/EBITDA
32.88
P/E
66.35
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)