Wednesday, January 21, 2015

Heico (HEI) Earnings Review

Heico  (NYSE: HEI  )  this week delivered solid fourth‐quarter earnings, and guided toward 8%‐10% growth in net sales and net income for 2015. Moreover, management served notice of its intent to "aggressively pursue" acquisition opportunities to generate growth.



Heico's stock is slightly down on the year, even as the commercial aerospace sector has continued to grow strongly. However, given good growth in its commercial aviation end market and its increased cash flow generation, Heico has good growth opportunities going forward. Let's look into the details.


READ THE FULL EQUITY RESEARCH ARTICLE LINKED