# HEICO Corporation – Consensus ‘buy’ rating and -1.1% Downside Potential

- Link: https://www.directorstalkinterviews.com/heico-corporation-consensus-buy-rating-and-1.1-downside-potential/4121156566
- Published: 2024-05-14T15:20:14+01:00
- Author: Charlotte Edwards

**HEICO Corporation** with ticker code (HEI) now have 15 confirmed analysts covering
the stock with the consensus suggesting a rating of ‘buy’. The target price High/
Low ranges between $245.00 and $170.00 calculating the average target price we see
$213.07. Now with the previous closing price of $215.44 this indicates there is 
a potential downside of -1.1%. The 50 day MA is $196.21 and the 200 moving average
now moves to $178.65. The market capitalization for the company is 25.50B. The stock
price for the company is currently is currently $209.90 USD

 The potential market cap would be $25,214,618,161 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 68.59, revenue per share of $23.57
and a 7.13% return on assets.

Heidelberg Materials AG is a Germany-based building materials company. Its products
are used for the construction of houses, infrastructure and commercial and industrial
facilities. The Company operates through for segments: Cements, Aggregates, Ready-
Mixed Concrete-Asphalt and Service- Joint Ventures – Other. The Cements segment 
and the Aggregates segment focus on raw materials for concrete, namely cement and
aggregates, such as sand, gravel and crushed rock. The Ready-Mixed Concrete-Asphalt
segment includes the Company’s ready-mixed concrete and asphalt activities. The 
Service- Joint Ventures – Other segment comprises activities of the Company’s joint
ventures, including trading activities, among others.

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