|Bid||114.46 x 1100|
|Ask||133.86 x 800|
|Day's Range||113.17 - 115.55|
|52 Week Range||51.78 - 123.78|
|Beta (5Y Monthly)||1.14|
|PE Ratio (TTM)||46.46|
|Forward Dividend & Yield||0.16 (0.14%)|
|Ex-Dividend Date||Jun 30, 2020|
|1y Target Est||100.00|
HEICO (NYSE:HEI) has had a great run on the share market with its stock up by a significant 22% over the last three...
Markets surged higher on Monday morning following the announcement of one of the most significant developments to date in the fight against COVID-19. Airline stocks, among the biggest losers during the pandemic, are leading the charge higher, and the companies that rely on airlines for sales are close behind. Shares of Boeing (NYSE: BA) were up 12% as of 10 a.m. EST, and key Boeing suppliers also benefited: Spirit AeroSystems Holdings (NYSE: SPR) was up 23%; Triumph Group (NYSE: TGI) and Allegheny Technologies (NYSE: ATI) were both up more than 16%; TransDigm Group (NYSE: TDG) was up 11%; and both Heico (NYSE: HEI) and Raytheon Technologies (NYSE: RTX) were up more than 7% apiece.
The COVID-19 pandemic has devastated airlines, and weighs heavily on aerospace companies that rely on aviation for substantial portions of their revenue. Heico (NYSE: HEI) has held up better than most, but it too is feeling the impact of the pandemic. Here's a look at how Heico has fared through the crisis, and whether the stock is an attractive buy today.