Heico Corp
HEI: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| >@x | LOCK|dxJp | LOCK|@#Ff&f |
Heico Earnings: Aerospace Growth Continues; Shares a Touch Frothy With Fair Value Estimate Up 7%
Heico turned in another strong quarter, with impressive 16% year-over-year revenue and 22% operating profit growth in its third fiscal quarter, which ended in July. Continued strong demand for its aerospace aftermarket parts and services drove 13% organic revenue growth in the flight support group.
