Stock Rating Upgrade
During the last several trading days the Value Trend Rating for HEICO Corp (NYSE: HEI) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
HEICO Corp (NYSE: HEI) stock closed at $179.78 on 12/22/23 after a modest gain of 0.5%. NORMAL trading volume accompanied the advance. The stock has declined -1.8% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
HEI's future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
HEICO has a current Value Trend Rating of C (Neutral). This VT Rating improved in recent days from D previously. The Value Trend Rating reflects very contradictory signals from PTR's two proprietary measures of a stock's attractiveness. HEICO has a poor Appreciation Score of 20 but a good Power Rating of 78, producing the Neutral Value Trend Rating.