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S&P 500   3,911.74
DOW   31,500.68
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S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
NASDAQ:HEES

H&E Equipment Services Stock Forecast, Price & News

$29.54
+1.35 (+4.79%)
(As of 06/24/2022 06:55 PM ET)
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Today's Range
$28.31
$29.67
50-Day Range
$27.97
$42.33
52-Week Range
$26.93
$50.69
Volume
408,600 shs
Average Volume
222,261 shs
Market Capitalization
$1.07 billion
P/E Ratio
9.41
Dividend Yield
3.72%
Price Target
$51.50
30 days | 90 days | 365 days | Advanced Chart

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HEES Stock Forecast (MarketRank)

Overall MarketRank

3.85 out of 5 stars

Industrial Products Sector

1st out of 255 stocks

Miscellaneous Equipment Rental & Leasing Industry

1st out of 6 stocks

Analyst Opinion: 3.5Community Rank: 3.9Dividend Strength: 3.3Insider Behavior: 4.2Valuation: 4.4 5 -4 -3 -2 -1 -
H&E Equipment Services logo

About H&E Equipment Services (NASDAQ:HEES)

H&E Equipment Services, Inc. operates as an integrated equipment services company. The company operates in five segments: Equipment Rentals, Used Equipment Sales, New Equipment Sales, 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 through a fleet of approximately 42,725 pieces of equipment. The Used Equipment Sales segment sells used equipment through retail sales force primarily from its rental fleet, as well as inventoried equipment that are acquired through trade-ins from equipment customers. The New Equipment Sales segment sells new construction equipment through a professional in-house retail sales force. The Parts Sales segment sells parts for the equipment customers, as well as offers for its rental fleet. The Repair and Maintenance Services segment serves its rental fleet and equipment owned customers, as well as offers ongoing preventative maintenance services to industrial customers. It also provides ancillary equipment support activities, including transportation, hauling, parts shipping, and loss damage waivers. The company's rental fleet consists of hi-lift or aerial work platforms, cranes, earthmoving and material handling equipment, and others. It serves industrial and commercial companies, construction contractors, manufacturers, public utilities, municipalities, maintenance contractors, and various other industrial account customers. As of December 31, 2021, the company had a network of 102 service facilities in the Pacific Northwest, West Coast, Intermountain, Southwest, Gulf Coast, Southeast, and Mid-Atlantic regions of the United States. H&E Equipment Services, Inc. was founded in 1961 and is headquartered in Baton Rouge, Louisiana.

HEES Stock News Headlines

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Industry, Sector and Symbol

Industry
Miscellaneous equipment rental & leasing
Sub-Industry
Trading Companies & Distributors
Current Symbol
NASDAQ:HEES
CUSIP
40403010
Employees
2,157
Year Founded
1961

Company Calendar

Last Earnings
4/27/2022
Ex-Dividend for 6/10 Dividend
5/26/2022
Dividend Payable
6/10/2022
Today
6/27/2022
Next Earnings (Estimated)
8/02/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$51.50
High Stock Price Forecast
$55.00
Low Stock Price Forecast
$48.00
Forecasted Upside/Downside
+74.3%
Consensus Rating
Buy
Rating Score (0-4)
3
Research Coverage
2 Analysts

Profitability

Net Income
$102.54 million
Pretax Margin
8.85%

Debt

Sales & Book Value

Annual Sales
$1.06 billion
Cash Flow
$9.29 per share
Book Value
$8.39 per share

Miscellaneous

Free Float
31,642,000
Market Cap
$1.07 billion
Optionable
Optionable
Beta
2.09

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H&E Equipment Services Frequently Asked Questions

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

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for H&E Equipment Services in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" H&E Equipment Services stock.
View analyst ratings for H&E Equipment Services
or view top-rated stocks.

What is H&E Equipment Services' stock price forecast for 2022?

2 brokers have issued 12-month price objectives for H&E Equipment Services' stock. Their HEES stock forecasts range from $48.00 to $55.00. On average, they expect H&E Equipment Services' stock price to reach $51.50 in the next year. This suggests a possible upside of 74.3% from the stock's current price.
View analysts' price targets for H&E Equipment Services
or view top-rated stocks among Wall Street analysts.

How has H&E Equipment Services' stock performed in 2022?

H&E Equipment Services' stock was trading at $44.27 at the start of the year. Since then, HEES shares have decreased by 33.3% and is now trading at $29.54.
View the best growth stocks for 2022 here
.

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

H&E Equipment Services is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for H&E Equipment Services
.

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

H&E Equipment Services, Inc. (NASDAQ:HEES) released its quarterly earnings results on Wednesday, April, 27th. The industrial products company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.18. The industrial products company had revenue of $272.45 million for the quarter, compared to analyst estimates of $261.91 million. H&E Equipment Services had a trailing twelve-month return on equity of 28.18% and a net margin of 10.02%. The business's quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.11 EPS.
View H&E Equipment Services' earnings history
.

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

H&E Equipment Services announced a quarterly dividend on Friday, May 13th. Investors of record on Friday, May 27th will be paid a dividend of $0.275 per share on Friday, June 10th. This represents a $1.10 annualized dividend and a dividend yield of 3.72%. The ex-dividend date of this dividend is Thursday, May 26th.
View H&E Equipment Services' dividend history
.

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 3.72%. The dividend payout ratio of H&E Equipment Services is 35.03%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, H&E Equipment Services will have a dividend payout ratio of 31.07% next year. This indicates that H&E Equipment Services will be able to sustain or increase its dividend.
View H&E Equipment Services' dividend history.

Who are H&E Equipment Services' key executives?

H&E Equipment Services' management team includes the following people:
  • Mr. John Martindale Engquist, Exec. Chairman (Age 68, Pay $1.8M)
  • Mr. Bradley W. Barber, CEO & Director (Age 49, Pay $1.51M)
  • Mr. John McDowell Engquist, Pres & COO (Age 43, Pay $780.87k)
  • Ms. Leslie S. Magee, CFO & Sec. (Age 54, Pay $858.12k)
  • Mr. Jeffrey L. Chastain, VP of Investor Relations
  • Mr. Dale W. Roesener, VP of Aerial Work Platforms (Age 64)

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

52 employees have rated H&E Equipment Services CEO John M. Engquist on Glassdoor.com. John M. Engquist has an approval rating of 73% among H&E Equipment Services' 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).

What is H&E Equipment Services' stock symbol?

H&E Equipment Services trades on the NASDAQ under the ticker symbol "HEES."

Who are H&E Equipment Services' major shareholders?

H&E Equipment Services' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.69%), BlackRock Inc. (6.31%), Dimensional Fund Advisors LP (3.54%), American Century Companies Inc. (3.28%), Granite Investment Partners LLC (2.35%) and Northern Trust Corp (1.86%). Company insiders that own H&E Equipment Services stock include Bradley W Barber, Gary W Bagley, John Sawyer, Lawrence C Karlson, Patrick Edsell and Paul Arnold.
View institutional ownership trends for H&E Equipment Services
.

Which institutional investors are selling H&E Equipment Services stock?

HEES stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., SG Capital Management LLC, Granite Investment Partners LLC, Advisors Asset Management Inc., Mirae Asset Global Investments Co. Ltd., Mirae Asset Global Investments Co. Ltd., Invesco Ltd., and JPMorgan Chase & Co.. Company insiders that have sold H&E Equipment Services company stock in the last two years include Gary W Bagley, and Patrick Edsell.
View insider buying and selling activity for H&E Equipment Services
or view top insider-selling stocks.

Which institutional investors are buying H&E Equipment Services stock?

HEES stock was purchased by a variety of institutional investors in the last quarter, including American Century Companies Inc., Guggenheim Capital LLC, Victory Capital Management Inc., Vanguard Group Inc., Assenagon Asset Management S.A., Arrowstreet Capital Limited Partnership, Bank of America Corp DE, and Regentatlantic Capital LLC. Company insiders that have bought H&E Equipment Services stock in the last two years include Bradley W Barber, and Paul Arnold.
View insider buying and selling activity for H&E Equipment Services
or or view top insider-buying stocks.

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

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

What is H&E Equipment Services' stock price today?

One share of HEES stock can currently be purchased for approximately $29.54.

How much money does H&E Equipment Services make?

H&E Equipment Services (NASDAQ:HEES) has a market capitalization of $1.07 billion and generates $1.06 billion in revenue each year. The industrial products company earns $102.54 million in net income (profit) each year or $3.14 on an earnings per share basis.

How many employees does H&E Equipment Services have?

H&E Equipment Services employs 2,157 workers across the globe.

When was H&E Equipment Services founded?

H&E Equipment Services was founded in 1961.

How can I contact H&E Equipment Services?

H&E Equipment Services' mailing address is 7500 PECUE LANE, BATON ROUGE LA, 70809. The official website for H&E Equipment Services is www.he-equipment.com. The industrial products company can be reached via phone at (225) 298-5200, via email at [email protected], or via fax at 225-298-5308.

This page (NASDAQ:HEES) was last updated on 6/27/2022 by MarketBeat.com Staff

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