NASDAQ:HEES

H&E Equipment Services (HEES) Stock Price, News & Analysis

$48.62
+1.97 (+4.22%)
(As of 04:28 PM ET)
Today's Range
$46.96
$48.62
50-Day Range
$44.79
$65.61
52-Week Range
$33.65
$66.18
Volume
382,269 shs
Average Volume
245,600 shs
Market Capitalization
$1.78 billion
P/E Ratio
10.41
Dividend Yield
2.26%
Price Target
$63.00

H&E Equipment Services MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
29.6% Upside
$63.00 Price Target
Short Interest
Healthy
1.86% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.22
Upright™ Environmental Score
News Sentiment
-0.09mentions of H&E Equipment Services in the last 14 days
Based on 33 Articles This Week
Insider Trading
Selling Shares
$4.53 M Sold Last Quarter
Proj. Earnings Growth
16.91%
From $4.08 to $4.77 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.94 out of 5 stars

Industrial Products Sector

2nd out of 169 stocks

Miscellaneous Equipment Rental & Leasing Industry

2nd out of 5 stocks

HEES stock logo

About H&E Equipment Services Stock (NASDAQ:HEES)

H&E Equipment Services, Inc. operates as an integrated equipment services company in the United States. The company operates in five segments: Equipment Rentals, Sales of Rental Equipment, Sales of New Equipment, Parts Sales, and Repair and Maintenance Services. The Equipment Rentals segment provides construction and industrial equipment for rent on a daily, weekly, and monthly basis. The Sales of Rental Equipment segment sells used equipment from its rental fleet. The Sales of New Equipment segment sells new construction equipment through a professional sales force. The Parts Sales segment provides parts to its rental fleet and sells parts for the equipment, as well as maintains parts inventory. The Repair and Maintenance Services segment provides maintenance and repair services to its rental fleet and customers' equipment at its facilities, as well as at customers' locations. It also provides ancillary equipment support activities, including transportation, hauling, parts shipping, and loss damage waivers. The company's rental fleet consists of aerial work platforms, cranes, earthmoving and material handling equipment, and other general and specialty lines. It serves industrial and commercial companies, construction contractors, manufacturers, public utilities, municipalities, maintenance contractors, and various other industrial account customers. H&E Equipment Services, Inc. was founded in 1961 and is headquartered in Baton Rouge, Louisiana.

HEES Stock Price History

HEES Stock News Headlines

America has a new type of money—should you get it?
Is America's New Money right for you? I can't say... but I do know it's 100% legal and available to everyone... although precious few know much about it.
America has a new type of money—should you get it?
Is America's New Money right for you? I can't say... but I do know it's 100% legal and available to everyone... although precious few know much about it.
Q1 2024 H&E Equipment Services Inc Earnings Call
H&E Equipment: Q1 Earnings Snapshot
H&E Equipment Services Inc. Q1 Profit misses estimates
Here's what to expect from H E Equipment Services's earnings report
H&E Equipment Services Inc
H&E Equipment Services To Acquire Lewistown Rental - Quick Facts
See More Headlines
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Company Calendar

Ex-Dividend for 3/15 Dividend
2/22/2024
Dividend Payable
3/15/2024
Last Earnings
4/30/2024
Today
5/06/2024
Next Earnings (Estimated)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Miscellaneous equipment rental & leasing
Sub-Industry
Trading Companies & Distributors
Current Symbol
NASDAQ:HEES
CUSIP
40403010
Employees
2,765
Year Founded
1961

Price Target and Rating

Average Stock Price Target
$63.00
High Stock Price Target
$65.00
Low Stock Price Target
$61.00
Potential Upside/Downside
+35.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$169.29 million
Pretax Margin
14.73%

Debt

Sales & Book Value

Annual Sales
$1.47 billion
Cash Flow
$15.65 per share
Book Value
$14.66 per share

Miscellaneous

Free Float
31,961,000
Market Cap
$1.70 billion
Optionable
Optionable
Beta
1.98

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HEES Stock Analysis - Frequently Asked Questions

Should I buy or sell H&E Equipment Services stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for H&E Equipment Services in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" HEES shares.
View HEES analyst ratings
or view top-rated stocks.

What is H&E Equipment Services' stock price target for 2024?

3 equities research analysts have issued twelve-month price targets for H&E Equipment Services' stock. Their HEES share price targets range from $61.00 to $65.00. On average, they predict the company's stock price to reach $63.00 in the next twelve months. This suggests a possible upside of 29.6% from the stock's current price.
View analysts price targets for HEES
or view top-rated stocks among Wall Street analysts.

How have HEES shares performed in 2024?

H&E Equipment Services' stock was trading at $52.32 at the beginning of the year. Since then, HEES stock has decreased by 7.1% and is now trading at $48.62.
View the best growth stocks for 2024 here
.

Are investors shorting H&E Equipment Services?

H&E Equipment Services saw a drop in short interest in March. As of March 31st, there was short interest totaling 584,000 shares, a drop of 20.1% from the March 15th total of 730,800 shares. Based on an average daily volume of 217,400 shares, the days-to-cover ratio is presently 2.7 days. Currently, 1.8% of the company's stock are short sold.
View H&E Equipment Services' Short Interest
.

When is H&E Equipment Services' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our HEES earnings forecast
.

How were H&E Equipment Services' earnings last quarter?

H&E Equipment Services, Inc. (NASDAQ:HEES) issued its quarterly earnings results on Tuesday, April, 30th. The industrial products company reported $0.71 earnings per share for the quarter, missing analysts' consensus estimates of $0.73 by $0.02. The industrial products company earned $371.20 million during the quarter, compared to the consensus estimate of $352.52 million. H&E Equipment Services had a net margin of 11.17% and a trailing twelve-month return on equity of 34.33%. The company's revenue for the quarter was up 15.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.71 earnings per share.

How often does H&E Equipment Services pay dividends? What is the dividend yield for H&E Equipment Services?

H&E Equipment Services declared a quarterly dividend on Friday, February 9th. Stockholders of record on Friday, February 23rd will be given a dividend of $0.275 per share on Friday, March 15th. This represents a $1.10 annualized dividend and a dividend yield of 2.26%. The ex-dividend date of this dividend is Thursday, February 22nd.
Read our dividend analysis for HEES
.

Is H&E Equipment Services a good dividend stock?

H&E Equipment Services (NASDAQ:HEES) pays an annual dividend of $1.10 per share and currently has a dividend yield of 2.36%. The dividend payout ratio is 23.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HEES will have a dividend payout ratio of 23.06% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HEES.

What ETFs hold H&E Equipment Services' stock?

ETFs with the largest weight of H&E Equipment Services (NASDAQ:HEES) stock in their portfolio include Profound Medical (PRN) and First Trust Small Cap Growth AlphaDEX Fund (FYC) and

What is John M. Engquist's approval rating as H&E Equipment Services' CEO?

52 employees have rated H&E Equipment Services Chief Executive Officer John M. Engquist on Glassdoor.com. John M. Engquist has an approval rating of 73% among the company's employees.

What other stocks do shareholders of H&E Equipment Services own?

Based on aggregate information from My MarketBeat watchlists, some companies that other H&E Equipment Services investors own include Energy Transfer (ET), Ford Motor (F), AT&T (T), Pfizer (PFE), CBL & Associates Properties (CBL), AbbVie (ABBV), Broadcom (AVGO), The Carlyle Group (CG), Cornerstone Total Return Fund (CRF) and Martin Midstream Partners (MMLP).

Who are H&E Equipment Services' major shareholders?

H&E Equipment Services' stock is owned by a variety of institutional and retail investors. Top institutional investors include Mirae Asset Global Investments Co. Ltd. (0.72%), Assenagon Asset Management S.A. (0.27%), BNP Paribas Financial Markets (0.11%), Harbour Capital Advisors LLC (0.07%), GSA Capital Partners LLP (0.04%) and BTC Capital Management Inc. (0.03%). Insiders that own company stock include Bradley W Barber, Gary W Bagley, John Mcdowell Engquist, Lawrence C Karlson, Patrick Edsell and Paul Arnold.
View institutional ownership trends
.

How do I buy shares of H&E Equipment Services?

Shares of HEES stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:HEES) was last updated on 5/6/2024 by MarketBeat.com Staff

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