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H&E Equipment Services (HEES) Stock Forecast, Price & News

$41.51
-1.28 (-2.99%)
(As of 03:46 PM ET)
Compare
Today's Range
$41.32
$42.46
50-Day Range
$42.65
$49.86
52-Week Range
$26.94
$56.47
Volume
128,529 shs
Average Volume
256,318 shs
Market Capitalization
$1.51 billion
P/E Ratio
9.63
Dividend Yield
2.65%
Price Target
$62.33

H&E Equipment Services MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
50.1% Upside
$62.33 Price Target
Short Interest
Healthy
1.45% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.22
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
6.97%
From $4.16 to $4.45 Per Share

Overall MarketRank

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

3.19 out of 5 stars

Industrials Sector

1st out of 22 stocks

Rental & Leasing Services Industry

1st out of 3 stocks


HEES stock logo

About H&E Equipment Services (NASDAQ:HEES) Stock

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 Price History

HEES Stock News Headlines

This Stock Could Go Up 66% or More.
Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023.  Click here to get his latest buy.  More here.
The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
H&E Equipment Services: A Good Buying Opportunity
H&E Equipment Services Q1 Income And Revenues Jump, Beat View
See More Headlines
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HEES Company Calendar

Last Earnings
7/27/2023
Ex-Dividend for 9/15 Dividend
8/29/2023
Dividend Payable
9/15/2023
Today
9/21/2023
Next Earnings (Estimated)
10/26/2023
Fiscal Year End
12/31/2023

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 Forecast
$62.33
High Stock Price Forecast
$64.00
Low Stock Price Forecast
$61.00
Forecasted Upside/Downside
+45.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$132.17 million
Pretax Margin
15.53%

Debt

Sales & Book Value

Annual Sales
$1.24 billion
Cash Flow
$11.82 per share
Book Value
$11.05 per share

Miscellaneous

Free Float
31,794,000
Market Cap
$1.56 billion
Optionable
Optionable
Beta
2.08

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Key Executives

  • Mr. John Martindale Engquist (Age 69)
    Exec. Chairman
    Comp: $2.77M
  • Mr. Bradley W. Barber (Age 50)
    CEO & Director
    Comp: $2.6M
  • Mr. John McDowell Engquist (Age 44)
    Pres & COO
    Comp: $1.24M
  • Ms. Leslie S. Magee (Age 55)
    CFO & Sec.
    Comp: $1.26M
  • Mr. Jeffrey L. Chastain
    VP of Investor Relations













HEES Stock - Frequently Asked Questions

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

3 Wall Street 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 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 equities research analysts have issued twelve-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 twelve months. This suggests a possible upside of 45.7% 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 the year. Since then, HEES stock has decreased by 5.7% and is now trading at $42.79.
View the best growth stocks for 2023 here
.

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 data on Thursday, July, 27th. The industrial products company reported $1.14 EPS 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 the consensus estimate of $344.84 million. H&E Equipment Services had a net margin of 11.50% and a trailing twelve-month return on equity of 38.49%. The company's revenue was up 22.2% compared to the same quarter last year. During the same period in the previous year, the company earned $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 announced 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 dividend yield of 2.57%. 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 2.53%. 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."

Who are H&E Equipment Services' major shareholders?

H&E Equipment Services' stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.73%), Clearbridge Investments LLC (7.02%), Dimensional Fund Advisors LP (3.38%), State Street Corp (1.97%), Geode Capital Management LLC (1.84%) and Charles Schwab Investment Management Inc. (1.26%). 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.

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

One share of HEES stock can currently be purchased for approximately $42.79.

How much money does H&E Equipment Services make?

H&E Equipment Services (NASDAQ:HEES) has a market capitalization of $1.56 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 9/21/2023 by MarketBeat.com Staff

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