Heico Corp
HEI: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$523.00 | Wjlqzy | Wdlzcpnwc |
Heico Earnings: Solid Results and Prospects for Continued Acquisition; Fair Value Up 1% to $173
Heico's second-quarter 2024 operating margins came in very close to our overall expectations. We tweaked the growth rates of the company's subordinate businesses and increased our forecast for the amount of growth it will likely acquire in the medium term, though these changes had very little effect on our fair value estimate, which we have updated to $173 per share from $171.