BEAV
B/E Aerospace Inc.
Industrial/Transportation
02/23/2015
Presented
| Date | 02/18/2015 |
| Price | $64.02 |
| Market Cap | $6.74B |
| Ent Value | $8.88B |
| P/E Ratio | 115.13x |
| Book Value | $0.10 |
| Div Yield | N/A |
| Shares O/S | 105.31M |
| Ave Daily Vol | 1,580,000 |
| Short Int | 6.47% |
Current
| Price | $64.47 |
| Market Cap | $6.54B |
| B/E Aerospace, Inc. designs, manufactures, sells, and services cabin interior products for commercial aircraft and business jets in the United States and internationally. Its Commercial Aircraft segment offers first class, business class, tourist class, and regional aircraft seats, as well as spares; oxygen storage, distribution, and delivery systems for commercial and business jet aircraft; coffee makers/water boilers, ovens, and refrigeration equipment; and modular lavatory, wastewater, and galley systems. This segment also provides engineering, design, integration, installation, and certification services for commercial aircraft passenger cabin interiors; services to design, manage, integrate, test, and certify reconfigurations and modifications for commercial aircraft, as well as to manufacture engineering kits and interface components; and interior reconfiguration services. The company’s Business Jet segment provides jet seating and sofa products, including electric fully berthing lie-flat seats, direct and indirect lighting, air valves, and oxygen delivery systems, as well as sidewalls, bulkheads, credenzas, closets, galley structures, lavatories, wastewater systems, and table; and super first class cabin interior products for commercial wide-body aircraft. It serves commercial and business jet aircraft operators, aircraft manufacturers, and their suppliers. The company was founded in 1987 and is headquartered in Wellington, Florida. |
Publicly traded companies mentioned herein: B/E Aerospace Inc (BEAV), Honeywell International Inc (HON), KLX Inc (KLXI), TransDigm Group Incorporated (TDG), United Technologies Corporation (UTX)
Highlights
The presenter believes that B/E Aerospace (BEAV) is an extremely well run business with a number of tailwinds, and given its strength and leading market position the company could be an attractive acquisition target over the next 12-18 months. EPS growth is expected to be in the realm of 16% - 17% year-over-year (2015 to 2016), and the presenter is ahead of Street estimates. At ~$62 the presenter likes the risk/ reward (35% - 40% upside, with minimal downside risk), and he is long the stock.
◆Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.
◆Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.