HEICO Gears Up For Q3 Print; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

HEICO Corporation HEI is expected to report financial results for the third quarter ended July 31, 2023, after the closing bell on Aug. 28, 2023.

Analysts expect the company to post quarterly earnings at 72 cents per share, up from year-ago earnings of 60 cents per share. The company’s revenue might come in at $701.71 million, compared to $569.53 million in the year-ago period.

HEICO shares fell 0.2% to close at $165.12 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Morgan Stanley analyst Stephen Trent reinstated an Equal-Weight rating with a price target of $184 on Aug. 18, 2023. This analyst has an accuracy rate of 74%.
• B of A Securities analyst Ronald Epstein maintained a Neutral rating and raised the price target from $190 to $220 on June 13, 2023. This analyst has an accuracy rate of 62%.
• Vertical Research analyst Robert Stallard upgraded the stock from Hold to Buy with a price target of $191 on May 30, 2023. This analyst has an accuracy rate of 75%.
• Jefferies analyst Sheila Kahyaoglu maintained a Buy rating and increased the price target from $180 to $205 on Feb. 27, 2023. This analyst has an accuracy rate of 60%.
• Benchmark analyst Josh Sullivan maintained a Buy rating and raised the price target from $160 to $170 on Dec. 21, 2022. This analyst has an accuracy rate of 75%.

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