Heico Corp
HEI: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $g& | LOCK|MTB! | LOCK|vtH^%!V |
Heico Earnings: Aerospace Growth Continues; Fair Value Estimate Up $4 and Stock Slightly Overvalued
Heico turned in another strong set of results, with 19% revenue and 28% operating profit growth year over year in its fourth fiscal quarter (ended in October). Continued strong demand for its aerospace aftermarket parts and services drove 16% organic revenue growth in the flight support group.
