<p>威廉·布莱尔分析师 Louie DiPalma 重申了对 HEI 股票的看涨态度，昨日给予买入评级。</p>
<p>Louie DiPalma 给予买入评级的原因是多种因素共同支持 HEICO 强劲的基本面和财务表现。该公司季度收入、营业收入和每股收益均超出市场预期，得益于其飞行支持集团（FSG）和电子技术集团（ETG）的强劲有机增长。特别是 FSG，显示出加速的双位数有机增长和显著的同比利润扩张，反映出关键产品线的健康需求和运营效率的提升。同时，整体利润率在合并层面上显著改善，突显了 HEICO 将增长转化为更高盈利能力的能力。</p>
<p>DiPalma 还指出 HEICO 强劲的现金生成能力和改善的资产负债表是买入建议的重要支持。自由现金流显著超过市场共识预测，杠杆率环比下降，为公司提供了更大的财务灵活性。从战略上看，HEICO 在快速增长的航空后市场领域中处于良好位置，航空公司正在延长老旧飞机的服务寿命并维持高水平的维护支出。综合来看，这些因素表明 FSG 部门具有持久的双位数增长潜力，并为对 HEICO 股票持积极看法提供了依据。</p>
<p>在昨日发布的另一份报告中，美国银行证券也维持了该股票的买入评级，目标价为 400.00 美元。</p>

HEI.A

<p>威廉·布莱尔分析师 Louie DiPalma 重申对 HEICO 的买入评级，原因是其强劲的有机增长、利润率扩张和现金生成。HEICO 的飞行支持集团显示出两位数的增长，盈利能力改善。该公司超出了收入和每股收益的预期，拥有强劲的自由现金流和降低的杠杆率。HEICO 在航空航天售后市场领域的定位良好，预计将持续增长。美国银行证券也维持买入评级，目标价为 400 美元</p>

<p>William Blair analyst Louie DiPalma has reiterated their bullish stance on HEI stock, giving a Buy rating yesterday.</p>
<div class="lb-trans"><p>威廉·布莱尔分析师 Louie DiPalma 重申了对 HEI 股票的看涨态度，昨日给予买入评级。</p>
</div><p>Louie DiPalma has given his Buy rating due to a combination of factors that underscore HEICO’s strong fundamental and financial performance. The company delivered quarterly revenue, operating income, and EPS that all exceeded market expectations, supported by robust organic growth in both its Flight Support Group (FSG) and Electronic Technologies Group (ETG). FSG, in particular, posted accelerating double-digit organic growth and substantial year-over-year profit expansion, reflecting healthy demand across key product lines and operational efficiency gains. At the same time, overall margins improved meaningfully at the consolidated level, highlighting HEICO’s ability to convert growth into higher profitability.</p>
<div class="lb-trans"><p>Louie DiPalma 给予买入评级的原因是多种因素共同支持 HEICO 强劲的基本面和财务表现。该公司季度收入、营业收入和每股收益均超出市场预期，得益于其飞行支持集团（FSG）和电子技术集团（ETG）的强劲有机增长。特别是 FSG，显示出加速的双位数有机增长和显著的同比利润扩张，反映出关键产品线的健康需求和运营效率的提升。同时，整体利润率在合并层面上显著改善，突显了 HEICO 将增长转化为更高盈利能力的能力。</p>
</div><p>DiPalma also points to HEICO’s strong cash generation and improving balance sheet as important supports for the Buy recommendation. Free cash flow significantly surpassed consensus forecasts, and leverage declined quarter-over-quarter, providing the company with enhanced financial flexibility. Strategically, HEICO is well-positioned as a focused play on the large and growing aftermarket aerospace sector, where airlines are extending the service lives of older aircraft and maintaining elevated maintenance spending. Taken together, these factors suggest durable double-digit growth potential in the FSG segment and justify a positive view on HEICO’s shares.</p>
<div class="lb-trans"><p>DiPalma 还指出 HEICO 强劲的现金生成能力和改善的资产负债表是买入建议的重要支持。自由现金流显著超过市场共识预测，杠杆率环比下降，为公司提供了更大的财务灵活性。从战略上看，HEICO 在快速增长的航空后市场领域中处于良好位置，航空公司正在延长老旧飞机的服务寿命并维持高水平的维护支出。综合来看，这些因素表明 FSG 部门具有持久的双位数增长潜力，并为对 HEICO 股票持积极看法提供了依据。</p>
</div><p>In another report released yesterday, Bank of America Securities also maintained a Buy rating on the stock with a $400.00 price target.</p>
<div class="lb-trans"><p>在昨日发布的另一份报告中，美国银行证券也维持了该股票的买入评级，目标价为 400.00 美元。</p>
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HEICO: Robust Organic Growth, Margin Expansion, and Strong Cash Generation Support Buy Rating

- William Blair 分析师 Louie DiPalma 重申对 HEI 股票的看涨评级，予以买入建议。  
- HEICO 昨季收入、营运利润和每股收益均超出市场预期，FSG 和 ETG 均实现强劲增长。  
- HEICO 现金流强劲，资产负债表改善，为买入推荐提供重要支持。

HEICO：稳健的有机增长、利润率扩张以及强劲的现金流生成支持买入评级