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S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
New CBOE “special perk” helps traders target income every weekend (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Lacking counselors, US schools turn to the booming business of online therapy
All the trading advice you’ve ever received boils down to this (Ad)
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
All the trading advice you’ve ever received boils down to this (Ad)
Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny
Watchdog: Western arms companies failed to ramp up production capacity in 2022 due to Ukraine war
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
New CBOE “special perk” helps traders target income every weekend (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Lacking counselors, US schools turn to the booming business of online therapy
All the trading advice you’ve ever received boils down to this (Ad)
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
All the trading advice you’ve ever received boils down to this (Ad)
Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny
Watchdog: Western arms companies failed to ramp up production capacity in 2022 due to Ukraine war
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Man kills 4 relatives in Queens knife rampage, injures 2 officers before he's fatally shot by police
New CBOE “special perk” helps traders target income every weekend (Ad)
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
Lacking counselors, US schools turn to the booming business of online therapy
All the trading advice you’ve ever received boils down to this (Ad)
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
All the trading advice you’ve ever received boils down to this (Ad)
Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny
Watchdog: Western arms companies failed to ramp up production capacity in 2022 due to Ukraine war

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

$46.79
+2.48 (+5.60%)
(As of 12/1/2023 ET)
Compare
Today's Range
$44.25
$47.08
50-Day Range
$39.16
$47.04
52-Week Range
$32.33
$56.47
Volume
374,505 shs
Average Volume
151,760 shs
Market Capitalization
$1.71 billion
P/E Ratio
10.15
Dividend Yield
2.35%
Price Target
$62.33

H&E Equipment Services MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
33.2% Upside
$62.33 Price Target
Short Interest
Healthy
1.60% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.22
Upright™ Environmental Score
News Sentiment
0.30mentions of H&E Equipment Services in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.44%
From $4.50 to $4.79 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.06 out of 5 stars

Industrial Products Sector

6th out of 167 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. 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. The Used Equipment Sales segment sells used equipment 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 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 provides maintenance and repair services to its rental fleet and equipment 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 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

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Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
See More Headlines
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Company Calendar

Ex-Dividend for 9/15 Dividend
8/29/2023
Dividend Payable
9/15/2023
Last Earnings
10/26/2023
Ex-Dividend for 12/15 Dividend
11/27/2023
Today
12/03/2023
Dividend Payable
12/15/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/28/2024

Industry, Sector and Symbol

Industry
Miscellaneous equipment rental & leasing
Sub-Industry
Trading Companies & Distributors
Current Symbol
NASDAQ:HEES
CUSIP
40403010
Employees
2,375
Year Founded
1961

Price Target and Rating

Average Stock Price Target
$62.33
High Stock Price Target
$64.00
Low Stock Price Target
$61.00
Potential Upside/Downside
+33.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$132.17 million
Pretax Margin
15.73%

Debt

Sales & Book Value

Annual Sales
$1.24 billion
Cash Flow
$12.03 per share
Book Value
$13.39 per share

Miscellaneous

Free Float
31,857,000
Market Cap
$1.71 billion
Optionable
Optionable
Beta
1.94

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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 research analysts have issued "buy," "hold," and "sell" ratings for H&E Equipment Services in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research 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 brokerages have issued 1-year price objectives for H&E Equipment Services' shares. Their HEES share price targets range from $61.00 to $64.00. On average, they expect the company's share price to reach $62.33 in the next year. This suggests a possible upside of 33.2% 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 2023?

H&E Equipment Services' stock was trading at $45.40 at the beginning of 2023. Since then, HEES shares have increased by 3.1% and is now trading at $46.79.
View the best growth stocks for 2023 here
.

Are investors shorting H&E Equipment Services?

H&E Equipment Services saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 510,500 shares, an increase of 5.1% from the October 31st total of 485,800 shares. Based on an average trading volume of 224,800 shares, the short-interest ratio is presently 2.3 days. Approximately 1.6% of the shares of the company are sold short.
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 Wednesday, February 28th 2024.
View our HEES earnings forecast
.

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

H&E Equipment Services, Inc. (NASDAQ:HEES) released its quarterly earnings data on Thursday, October, 26th. The industrial products company reported $1.46 EPS for the quarter, topping the consensus estimate of $1.31 by $0.15. The industrial products company earned $400.70 million during the quarter, compared to analyst estimates of $370.61 million. H&E Equipment Services had a trailing twelve-month return on equity of 38.97% and a net margin of 11.62%.

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 Thursday, November 9th. Shareholders of record on Tuesday, November 28th will be given a dividend of $0.275 per share on Friday, December 15th. This represents a $1.10 annualized dividend and a dividend yield of 2.35%. The ex-dividend date is Monday, November 27th.
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 2.35%. The dividend payout ratio is 23.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HEES will have a dividend payout ratio of 22.96% 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 Invesco Dorsey Wright Industrials Momentum ETF (PRN).iShares U.S. Infrastructure ETF (IFRA).

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 number of retail and institutional investors. Top institutional shareholders include Clearbridge Investments LLC (7.02%), Invesco Ltd. (3.72%), American Century Companies Inc. (1.75%), Morgan Stanley (1.29%), Charles Schwab Investment Management Inc. (1.21%) and Northern Trust Corp (0.90%). Insiders that own company stock include Bradley W Barber, Gary W Bagley, John Mcdowell Engquist, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:HEES) was last updated on 12/3/2023 by MarketBeat.com Staff

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