Heico Corporation (HEI): Today's Featured Aerospace/Defense Winner

Heico Corporation (HEI) pushed the Aerospace/Defense industry higher today making it today's featured aerospace/defense winner. The industry as a whole closed the day up 0.2%. By the end of trading, Heico Corporation rose 53 cents (0.9%) to $58.85 on light volume. Throughout the day, 70,724 shares of Heico Corporation exchanged hands as compared to its average daily volume of 203,600 shares. The stock ranged in a price between $58.32-$59.63 after having opened the day at $59.37 as compared to the previous trading day's close of $58.32. Other companies within the Aerospace/Defense industry that increased today were: Aerosonic Corporation (AIM), up 17.7%, Ducommun Inc (DCO), up 4.1%, AerCap Holdings N.V (AER), up 2.9%, and Breeze-Eastern Corporation (BZC), up 2.6%.

HEICO Corporation, through its subsidiaries, engages in the design, manufacture, and sale of aerospace, defense, and electronic related products and services in the United States and internationally. Heico Corporation has a market cap of $2.48 billion and is part of the industrial goods sector. The company has a P/E ratio of 36, equal to the average aerospace/defense industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 42.9% year to date as of the close of trading on Thursday.

TheStreet Ratings rates Heico as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.

• You can view the full Heico Ratings Report.

On the negative front, FLIR Systems Inc (FLIR), down 3.4%, Astrotech (ASTC), down 2.7%, Kaman Corporation (KAMN), down 2.2%, and AAR (AIR), down 2.2%, were all losers within the aerospace/defense industry with Textron Inc (TXT) being today's aerospace/defense industry loser.

• Use our aerospace/defense section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the aerospace/defense industry could consider iShares DJ US Aerospace & Def Idx (ITA) while those bearish on the aerospace/defense industry could consider ProShares Short Dow 30 (DOG).

• Find other investment ideas from our top rated ETFs lists.

For more information on Heico Corporation click any of the following:

• Heico Corporation Stock Price

• Heico Corporation Analyst Ratings

• Heico Corporation Key Stats & Profile

• Heico Corporation Earnings

• Heico Corporation Ratio Comparison

• Heico Corporation Growth Rates

• Heico Corporation Balance Sheet

• Heico Corporation Cash Flow

• Heico Corporation Income Statement