H&E Equipment Services Stock Forecast, Price & News

3 Wall Street research 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 research analysts is that investors should "buy" H&E Equipment Services stock.
View analyst ratings for H&E Equipment Services or view top-rated stocks.

Wall Street analysts have given H&E Equipment Services a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but H&E Equipment Services wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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H&E Equipment Services saw a decline in short interest in May. As of May 28th, there was short interest totaling 525,900 shares, a decline of 39.7% from the May 13th total of 872,700 shares. Based on an average trading volume of 218,200 shares, the short-interest ratio is currently 2.4 days. Currently, 1.7% of the company's shares are short sold.
View H&E Equipment Services' Short Interest.

H&E Equipment Services is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021.
View our earnings forecast for H&E Equipment Services.

H&E Equipment Services, Inc. (NASDAQ:HEES) announced its earnings results on Tuesday, April, 27th. The industrial products company reported $0.11 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.15 by $0.04. The industrial products company had revenue of $278.40 million for the quarter, compared to analyst estimates of $266.37 million. H&E Equipment Services had a net margin of 0.73% and a trailing twelve-month return on equity of 15.95%. The firm's revenue was down 2.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.30 earnings per share.
View H&E Equipment Services' earnings history.

H&E Equipment Services' stock was trading at $17.06 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, HEES stock has increased by 85.9% and is now trading at $31.71.
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H&E Equipment Services announced a quarterly dividend on Friday, May 14th. Stockholders of record on Wednesday, June 2nd will be given a dividend of $0.275 per share on Friday, June 18th. This represents a $1.10 annualized dividend and a dividend yield of 3.47%. The ex-dividend date is Tuesday, June 1st.
View H&E Equipment Services' dividend history.

H&E Equipment Services pays an annual dividend of $1.10 per share and currently has a dividend yield of 3.38%. H&E Equipment Services does not yet have a strong track record of dividend growth. The dividend payout ratio of H&E Equipment Services is 79.14%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, H&E Equipment Services will have a dividend payout ratio of 48.67% 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.

3 brokerages have issued 1-year price objectives for H&E Equipment Services' stock. Their forecasts range from $27.00 to $37.00. On average, they anticipate H&E Equipment Services' share price to reach $33.00 in the next twelve months. This suggests a possible upside of 4.1% from the stock's current price.
View analysts' price targets for H&E Equipment Services or view top-rated stocks among Wall Street analysts.

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.

Some companies that are related to H&E Equipment Services include Fastenal (FAST), W.W. Grainger (GWW), United Rentals (URI), Watsco (WSO), WESCO International (WCC), MSC Industrial Direct (MSM), Air Lease (AL), Beacon Roofing Supply (BECN), Applied Industrial Technologies (AIT), GATX (GATX), Rush Enterprises (RUSHA), Textainer Group (TGH), Kaman (KAMN), MRC Global (MRC) and Titan Machinery (TITN).
View all of HEES's competitors.

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).

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

H&E Equipment Services' stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.35%), Clearbridge Investments LLC (6.81%), Janus Henderson Group PLC (4.40%), Dimensional Fund Advisors LP (3.87%), Granite Investment Partners LLC (2.53%) and Goldman Sachs Group Inc. (2.02%). Company insiders that own H&E Equipment Services stock include Bradley W Barber, John Sawyer and Lawrence C Karlson.
View institutional ownership trends for H&E Equipment Services.

HEES stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Electron Capital Partners LLC, Goldman Sachs Group Inc., LSV Asset Management, Dimensional Fund Advisors LP, JPMorgan Chase & Co., Calamos Advisors LLC, and Algert Global LLC.
View insider buying and selling activity for H&E Equipment Services or view top insider-selling stocks.

HEES stock was acquired by a variety of institutional investors in the last quarter, including Ameriprise Financial Inc., Kennedy Capital Management Inc., Millennium Management LLC, Emerald Advisers LLC, Emerald Mutual Fund Advisers Trust, Mirae Asset Global Investments Co. Ltd., Advisors Asset Management Inc., and BlackRock Inc.. Company insiders that have bought H&E Equipment Services stock in the last two years include Bradley W Barber, John Sawyer, and Lawrence C Karlson.
View insider buying and selling activity for H&E Equipment Services or or view top insider-buying stocks.

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.
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One share of HEES stock can currently be purchased for approximately $31.71.

H&E Equipment Services has a market capitalization of $1.15 billion and generates $1.17 billion in revenue each year. The industrial products company earns $-32,670,000.00 in net income (profit) each year or $1.39 on an earnings per share basis.

H&E Equipment Services employs 2,254 workers across the globe.

The official website for H&E Equipment Services is www.he-equipment.com.

H&E Equipment Services is headquartered at 7500 PECUE LANE, BATON ROUGE LA, 70809.

H&E Equipment Services' mailing address is 7500 PECUE LANE, BATON ROUGE LA, 70809. The industrial products company can be reached via phone at 225-298-5200 or via email at [email protected]