NASDAQ:HEES H&E Equipment Services (HEES) Stock Forecast, Price & News $43.49 -0.89 (-2.01%) (As of 01:40 PM ET) Add Compare Share Share Today's Range$43.49▼$45.0350-Day Range$41.65▼$49.8652-Week Range$27.38▼$56.47Volume50,544 shsAverage Volume255,079 shsMarket Capitalization$1.58 billionP/E Ratio10.09Dividend Yield2.53%Price Target$62.33 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability H&E Equipment Services MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside41.1% Upside$62.33 Price TargetShort InterestHealthy2.55% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.22Upright™ Environmental ScoreNews Sentiment0.80Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth6.97%From $4.16 to $4.45 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.20 out of 5 starsIndustrial Products Sector4th out of 179 stocksMiscellaneous Equipment Rental & Leasing Industry1st out of 5 stocks 3.5 Analyst's Opinion Consensus RatingH&E Equipment Services has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $62.33, H&E Equipment Services has a forecasted upside of 41.1% from its current price of $44.19.Amount of Analyst CoverageH&E Equipment Services has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.55% of the float of H&E Equipment Services has been sold short.Short Interest Ratio / Days to CoverH&E Equipment Services has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in H&E Equipment Services has recently increased by 75.62%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldH&E Equipment Services pays a meaningful dividend of 2.54%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthH&E Equipment Services does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of H&E Equipment Services is 25.52%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, H&E Equipment Services will have a dividend payout ratio of 24.72% next year. This indicates that H&E Equipment Services will be able to sustain or increase its dividend. Previous Next 3.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreH&E Equipment Services has received a 41.00% net impact score from Upright. H&e Equipment Services seems to create the most significant positive value in categories "Taxes", "Jobs", and "Waste". The positive contribution in the "Waste" impact category is mostly driven by its "Motor grader rentals", "Backhoe loader rentals", and "Trencher rentals" products. See details.Environmental SustainabilityThe Environmental Impact score for H&E Equipment Services is -0.22. Previous Next 3.8 News and Social Media Coverage News SentimentH&E Equipment Services has a news sentiment score of 0.80. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 3 news articles for H&E Equipment Services this week, compared to 2 articles on an average week.Search Interest14 people have searched for HEES on MarketBeat in the last 30 days. This is an increase of 56% compared to the previous 30 days.MarketBeat Follows8 people have added H&E Equipment Services to their MarketBeat watchlist in the last 30 days. This is an increase of 700% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, H&E Equipment Services insiders have not sold or bought any company stock.Percentage Held by Insiders12.60% of the stock of H&E Equipment Services is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions76.15% of the stock of H&E Equipment Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for H&E Equipment Services are expected to grow by 6.97% in the coming year, from $4.16 to $4.45 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of H&E Equipment Services is 10.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.57.Price to Earnings Ratio vs. SectorThe P/E ratio of H&E Equipment Services is 10.25, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 16.83.Price to Earnings Growth RatioH&E Equipment Services has a PEG Ratio of 0.93. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioH&E Equipment Services has a P/B Ratio of 4.00. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About H&E Equipment Services (NASDAQ:HEES) StockH&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.Read More HEES Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HEES Stock News HeadlinesSeptember 27, 2023 | finance.yahoo.comShould We Be Delighted With H&E Equipment Services, Inc.'s (NASDAQ:HEES) ROE Of 35%?September 6, 2023 | finance.yahoo.comEstimating The Fair Value Of H&E Equipment Services, Inc. (NASDAQ:HEES)September 29, 2023 | UNKNOWN (Ad)The Next Best AI Stock to Watch After NvidiaThis emerging NASDAQ company may be the best AI stock to watch in the AI boom. August 31, 2023 | finance.yahoo.comH&E Equipment Services, Inc. To Participate In the TD Cowen ConferenceAugust 17, 2023 | finance.yahoo.comH&E Equipment Services (NASDAQ:HEES) Is Due To Pay A Dividend Of $0.275August 13, 2023 | msn.comH&E Equipment Services: Still Undervalued With The Potential To Provide Good Returns In The Short TermAugust 11, 2023 | msn.comH&E Equipment Services: Solid Earnings Growth, Attractive Valuation At This LevelAugust 2, 2023 | nasdaq.comH&E Equipment Services (HEES) Price Target Increased by 5.37% to 63.95September 29, 2023 | UNKNOWN (Ad)The Next Best AI Stock to Watch After NvidiaThis emerging NASDAQ company may be the best AI stock to watch in the AI boom. July 28, 2023 | msn.comB. Riley Securities Maintains H&E Equipment Services (HEES) Buy RecommendationJuly 27, 2023 | markets.businessinsider.comH&E Equipment Services Inc. Bottom Line Rises In Q2, Beats estimatesJuly 27, 2023 | finance.yahoo.comH&E Equipment Services, Inc. Reports Second Quarter 2023 ResultsJuly 20, 2023 | finance.yahoo.comH&E Equipment Services Announces 2023 Second Quarter Earnings and Conference Call DateJune 7, 2023 | finance.yahoo.comH&E Equipment Services, Inc. To Participate in the Wells Fargo Industrials ConferenceMay 18, 2023 | finance.yahoo.comH&E Equipment Services (NASDAQ:HEES) Has Affirmed Its Dividend Of $0.275May 16, 2023 | msn.comH&E Equipment Services (HEES) Declares $0.28 DividendMay 15, 2023 | seekingalpha.comH&E Equipment Services: A Good Buying OpportunityMay 13, 2023 | finance.yahoo.comH&E Equipment Services' (NASDAQ:HEES) investors will be pleased with their splendid 188% return over the last three yearsMay 3, 2023 | finance.yahoo.comHere’s Why H&E Equipment Services (HEES) Fell in Q1May 2, 2023 | msn.comStifel Maintains H &E Equipment Services (HEES) Buy RecommendationApril 30, 2023 | seekingalpha.comH&E Equipment Services, Inc. 2023 Q1 - Results - Earnings Call PresentationApril 29, 2023 | msn.comB. Riley Securities Maintains H &E Equipment Services (HEES) Buy RecommendationApril 27, 2023 | finance.yahoo.comH&E Equipment (HEES) Beats Q1 Earnings and Revenue EstimatesApril 27, 2023 | markets.businessinsider.comH&E Equipment Services Q1 Income And Revenues Jump, Beat ViewApril 27, 2023 | finance.yahoo.comH&E Equipment Services, Inc. Reports First Quarter 2023 ResultsApril 20, 2023 | finance.yahoo.comH&E Equipment Services Announces 2023 First Quarter Earnings and Conference Call DateApril 6, 2023 | finance.yahoo.comZacks Industry Outlook Highlights Caterpillar, Komatsu, Terex, H&E Equipment Services and ManitowocSee More Headlines Receive HEES Stock News and Ratings via Email Sign-up to receive the latest news and ratings for H&E Equipment Services and its competitors with MarketBeat's FREE daily newsletter. Email Address HEES Company Calendar Last Earnings7/27/2023Ex-Dividend for 9/15 Dividend8/29/2023Dividend Payable9/15/2023Today9/29/2023Next Earnings (Estimated)10/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Miscellaneous equipment rental & leasing Sub-IndustryTrading Companies & Distributors SectorIndustrial Products Current SymbolNASDAQ:HEES CUSIP40403010 CIK1339605 Webwww.he-equipment.com Phone(225) 298-5200Fax225-298-5308Employees2,375Year Founded1961Price Target and Rating Average Stock Price Forecast$62.33 High Stock Price Forecast$64.00 Low Stock Price Forecast$61.00 Forecasted Upside/Downside+40.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$4.31 Trailing P/E Ratio10.30 Forward P/E Ratio10.67 P/E Growth0.9Net Income$132.17 million Net Margins11.50% Pretax Margin15.53% Return on Equity38.49% Return on Assets6.59% Debt Debt-to-Equity Ratio3.05 Current Ratio1.84 Quick Ratio1.13 Sales & Book Value Annual Sales$1.24 billion Price / Sales1.30 Cash Flow$12.75 per share Price / Cash Flow3.48 Book Value$11.05 per share Price / Book4.02Miscellaneous Outstanding Shares36,380,000Free Float31,794,000Market Cap$1.61 billion OptionableOptionable Beta2.08 Social Links Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. John Martindale Engquist (Age 69)Exec. Chairman Comp: $2.77MMr. Bradley W. Barber (Age 50)CEO & Director Comp: $2.6MMr. John McDowell Engquist (Age 44)Pres & COO Comp: $1.24MMs. Leslie S. Magee (Age 55)CFO & Sec. Comp: $1.26MMr. Jeffrey L. ChastainVP of Investor RelationsKey CompetitorsEnerpac Tool GroupNYSE:EPACStandex InternationalNYSE:SXIBarnes GroupNYSE:BTennantNYSE:TNCAtmus Filtration TechnologiesNYSE:ATMUView All CompetitorsInsiders & InstitutionsAlberta Investment Management CorpBought 15,107 shares on 8/24/2023Ownership: 0.214%Wolverine Trading LLCBought 1,600 shares on 8/23/2023Ownership: 0.000%BOKF NASold 3,054 shares on 8/21/2023Ownership: 0.272%California State Teachers Retirement SystemSold 1,055 shares on 8/21/2023Ownership: 0.109%Nuveen Asset Management LLCBought 105,933 shares on 8/16/2023Ownership: 0.813%View All Insider TransactionsView All Institutional Transactions HEES Stock - 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 twelve months. 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 forecast for 2023? 3 brokers have issued 12 month price targets for H&E Equipment Services' stock. Their HEES share price forecasts range from $61.00 to $64.00. On average, they predict the company's share price to reach $62.33 in the next year. This suggests a possible upside of 40.5% 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 stock has decreased by 2.2% and is now trading at $44.38. 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 during the month of September. As of September 15th, there was short interest totaling 810,500 shares, an increase of 75.6% from the August 31st total of 461,500 shares. Based on an average trading volume of 214,500 shares, the days-to-cover ratio is presently 3.8 days. Currently, 2.6% of the company's shares 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, October 26th 2023. 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 Thursday, July, 27th. The industrial products company reported $1.14 earnings per share for the quarter, topping analysts' consensus estimates of $1.02 by $0.12. The industrial products company earned $360.23 million during the quarter, compared to analyst estimates of $344.84 million. H&E Equipment Services had a trailing twelve-month return on equity of 38.49% and a net margin of 11.50%. H&E Equipment Services's revenue for the quarter was up 22.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.76 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, August 11th. Stockholders of record on Wednesday, August 30th will be paid a dividend of $0.275 per share on Friday, September 15th. This represents a $1.10 annualized dividend and a yield of 2.48%. The ex-dividend date is Tuesday, August 29th. 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). 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 2.62%. The dividend payout ratio is 25.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HEES will have a dividend payout ratio of 24.72% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for HEES. 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). What is H&E Equipment Services' stock symbol? H&E Equipment Services trades on the NASDAQ under the ticker symbol "HEES." 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. What is H&E Equipment Services' stock price today? One share of HEES stock can currently be purchased for approximately $44.38. How much money does H&E Equipment Services make? H&E Equipment Services (NASDAQ:HEES) has a market capitalization of $1.61 billion and generates $1.24 billion in revenue each year. The industrial products company earns $132.17 million in net income (profit) each year or $4.31 on an earnings per share basis. How many employees does H&E Equipment Services have? The company employs 2,375 workers across the globe. 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 the company is www.he-equipment.com. The industrial products company can be reached via phone at (225) 298-5200, via email at kinda@he-equipment.com, or via fax at 225-298-5308. This page (NASDAQ:HEES) was last updated on 9/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding H&E Equipment Services, Inc. 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