HEI.A Price Prediction Next Week
Analysis and Insights
News Sentiment and Earnings Performance:
HEICO Corporation (HEI.A) has shown strong momentum following its recent earnings report, with the stock surging 17.31% last week. The company reported better-than-expected first-quarter results, with revenue of $1.03 billion and net profit of $167.96 million, marking significant growth compared to the previous year. The stock is currently forming a cup base pattern, a bullish technical indicator, and has been recognized for its consistent growth, earning a spot on Investor's Business Daily's IBD Big Cap 20 and IBD 50 lists.
Technical Indicators:
- RSI: The Relative Strength Index (RSI) for HEI.A is at 55.51 (6-period), 57.13 (12-period), and 57.06 (14-period), indicating the stock is in a neutral zone, not overbought or oversold.
- MACD: The MACD line is above the signal line with a value of 3.81, suggesting bullish momentum.
- Fibonacci Levels: The stock is trading above the Fibonacci pivot level of 205.29, with resistance levels at 212.33 (R1) and 216.67 (R2), and support levels at 198.26 (S1) and 193.92 (S2).
- Moving Averages: The stock is trading above its 50-day, 100-day, and 200-day moving averages, indicating a bullish trend.
Analyst Ratings:
While KeyBanc and Barclays have maintained a Hold rating on HEI.A, Jefferies has upgraded the stock to a Buy, reflecting confidence in its growth prospects.
Price Forecast:
Based on the technical indicators and the bullish cup base pattern, HEI.A is expected to test the upper resistance levels next week. The stock is likely to reach a price of $264.68 by the end of the week, with a potential pullback to the support level of $251.01 if it fails to break through resistance.
Recommendation:
Buy HEI.A with a target price of $264.68 and a stop-loss at $251.01.
HEI.A Similar Chart Price Prediction
The price of HEI.A is predicted to go up 12.03%, based on the high correlation periods with SNDX. The similarity of these two price pattern on the periods is 97.89%.
HEI.A
SNDX
Up: 12.03%Similarity: 97.89%
HEI.A Revenue Forecast
HEI.A EPS Forecast
HEI.A FAQs
What is HEI.A revenue forecast for next quarter？
HEI.A Analyst's Forecast
Michael Ciarmoli
Truist Securities
Strong Buy
2025-03-05
Price Target
$282 → $294
Upside
+9.46%
Truist analyst Michael Ciarmoli raised the firm's price target on Heico to $294 from $282 and keeps a Buy rating on the shares. The company's Q1 results topped expectations, with organic revenue growth in the Flight Support Group segment accelerating y/y and sequentially while its operating margins hit an all-time high of 23.3%, the analyst tells investors in a research note. DOGE has the potential to create additional opportunities as the Defense Department looks to find savings, Truist adds, also noting that the commercial aerospace aftermarket will benefit from an aging fleet in the coming years.
Philip Gibbs
Keybanc
Hold
2025-01-16
Price Target
n/a
Downside
0%
Scott Deuschle
Deutsche Bank
Strong Buy
2024-12-19
Price Target
$271 → $266
Upside
+11.91%
