Why Heico Stock Eked out a Stock Market Beat on Thursday
Heico (NYSE: HEI), a manufacturer of electrical components for a variety of industries including aerospace, was the subject of several positive analyst updates on Thursday. This pushed the company's stock higher by just under 2% on the day, which easily exceeded the 0.3% rise of the benchmark S&P 500 index.Those updates were published in the wake of Heico's rather encouraging earnings report for the second quarter of fiscal 2025, unveiled after market close on Tuesday. The quarter saw the company post a new record net sales figure, not to mention double-digit increases in key fundamentals. It also beat the consensus analyst estimates on both the top and bottom lines. Image source: Getty Images.Continue reading
Heico (NYSE: HEI), a manufacturer of electrical components for a variety of industries including aerospace, was the subject of several positive analyst updates on Thursday. This pushed the company's stock higher by just under 2% on the day, which easily exceeded the 0.3% rise of the benchmark S&P 500 index.
Those updates were published in the wake of Heico's rather encouraging earnings report for the second quarter of fiscal 2025, unveiled after market close on Tuesday. The quarter saw the company post a new record net sales figure, not to mention double-digit increases in key fundamentals. It also beat the consensus analyst estimates on both the top and bottom lines.
Image source: Getty Images.
