H&E Equipment Services (HEES) Scheduled to Post Earnings on Tuesday

H&E Equipment Services (NASDAQ:HEES - Get Free Report) is scheduled to issue its quarterly earnings data before the market opens on Tuesday, April 30th. Analysts expect the company to announce earnings of $0.73 per share for the quarter. Persons that are interested in participating in the company's earnings conference call can do so using this link.

H&E Equipment Services (NASDAQ:HEES - Get Free Report) last issued its quarterly earnings data on Thursday, February 22nd. The industrial products company reported $1.47 EPS for the quarter, beating analysts' consensus estimates of $1.22 by $0.25. The business had revenue of $385.80 million for the quarter, compared to analyst estimates of $382.58 million. H&E Equipment Services had a return on equity of 36.72% and a net margin of 11.52%. The firm's revenue for the quarter was up 9.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.41 EPS. On average, analysts expect H&E Equipment Services to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

H&E Equipment Services Stock Up 2.5 %

Shares of NASDAQ HEES traded up $1.42 during mid-day trading on Tuesday, reaching $58.67. 224,854 shares of the company traded hands, compared to its average volume of 211,733. The stock has a market cap of $2.14 billion, a PE ratio of 12.56, a price-to-earnings-growth ratio of 0.81 and a beta of 1.95. The company's fifty day moving average is $59.34 and its two-hundred day moving average is $51.77. The company has a debt-to-equity ratio of 2.33, a quick ratio of 0.74 and a current ratio of 1.05. H&E Equipment Services has a fifty-two week low of $32.33 and a fifty-two week high of $66.18.

H&E Equipment Services Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, February 23rd were issued a $0.275 dividend. This represents a $1.10 dividend on an annualized basis and a yield of 1.87%. The ex-dividend date of this dividend was Thursday, February 22nd. H&E Equipment Services's dividend payout ratio (DPR) is currently 23.55%.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. StockNews.com raised H&E Equipment Services from a "hold" rating to a "buy" rating in a report on Wednesday, February 21st. Wells Fargo & Company raised their target price on H&E Equipment Services from $62.00 to $63.00 and gave the company an "overweight" rating in a report on Friday, February 23rd. Finally, Stifel Nicolaus raised their target price on H&E Equipment Services from $59.00 to $69.00 and gave the company a "buy" rating in a report on Friday, February 23rd.

Insiders Place Their Bets

In other H&E Equipment Services news, CEO Bradley W. Barber sold 1,092 shares of the firm's stock in a transaction that occurred on Monday, March 25th. The stock was sold at an average price of $63.42, for a total value of $69,254.64. Following the completion of the sale, the chief executive officer now owns 209,078 shares in the company, valued at approximately $13,259,726.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, CEO Bradley W. Barber sold 1,092 shares of the firm's stock in a transaction that occurred on Monday, March 25th. The stock was sold at an average price of $63.42, for a total transaction of $69,254.64. Following the completion of the transaction, the chief executive officer now owns 209,078 shares in the company, valued at approximately $13,259,726.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Bradley W. Barber sold 11,483 shares of the firm's stock in a transaction that occurred on Friday, March 22nd. The stock was sold at an average price of $63.42, for a total value of $728,251.86. Following the transaction, the chief executive officer now owns 210,170 shares of the company's stock, valued at approximately $13,328,981.40. The disclosure for this sale can be found here. In the last quarter, insiders sold 75,800 shares of company stock worth $4,534,789. 12.50% of the stock is currently owned by company insiders.

H&E Equipment Services Company Profile

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.