Recently, HEI.A, a leading aerospace and defense supplier, experienced a 1.64% drop in its stock price, reaching $199.82 per share with a trading volume of 61,562 shares and a turnover rate of 0.04%. Despite this decline, the stock's amplitude was 1.27%, indicating some volatility in the market.
According to the latest financial reports, HEI.A reported revenues of $992 million and a net profit of $137 million, translating to an earnings per share (EPS) of $0.99. The company's gross profit stood at $419 million, with a price-to-earnings (P/E) ratio of 58.71.
Analyst ratings show a strong confidence in HEI.A, with 67% of the 18 rating institutions recommending a buy, while 33% suggest holding the stock. No institutions have advised selling.
HEI.A operates in the aerospace and defense sector, which saw a modest decline of 0.14%. While HEI.A faced downward pressure, other stocks in the same sector, such as Safe Pro Group Inc. and EHang Holdings, showed significant gains. EHang Holdings, Intuitive Machines, and New Horizon Aircraft Ltd. were notably active, with turnover rates of 21.51%, 6.94%, and 3.27% respectively. Stocks like Satellogic Inc. and Safe Pro Group Inc. exhibited high volatility with amplitudes of 171.46% and 33.42% respectively.
HEI.A focuses on niche replacement parts for commercial aircraft and component manufacturing for defense products. It operates through the Flight Support Group (FSG) and Electronic Technologies Group (ETG), both supplying aerospace and defense sectors. The company continues to pursue acquisitions, targeting firms with strong cash flows and growth potential in similar or adjacent markets.
