NASDAQ:HEES H&E Equipment Services (HEES) Stock Forecast, Price & News $43.14 +2.37 (+5.81%) (As of 06/7/2023 ET) Add Compare Share Share Today's Range$41.21▼$43.3550-Day Range$32.62▼$44.2352-Week Range$26.12▼$56.47Volume278,104 shsAverage Volume262,857 shsMarket Capitalization$1.57 billionP/E Ratio11.09Dividend Yield2.55%Price Target$54.75 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/Downside26.9% Upside$54.75 Price TargetShort InterestHealthy1.94% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.22Upright™ Environmental ScoreNews Sentiment1.24Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth8.19%From $4.03 to $4.36 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.3.49 out of 5 starsIndustrial Products Sector5th out of 165 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 4 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $54.75, H&E Equipment Services has a forecasted upside of 26.9% from its current price of $43.14.Amount of Analyst CoverageH&E Equipment Services has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.94% 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 2, 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 decreased by 26.92%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldH&E Equipment Services pays a meaningful dividend of 2.83%, 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 28.28%. 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 25.23% 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 3.5 News and Social Media Coverage News SentimentH&E Equipment Services has a news sentiment score of 1.24. 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 0.64 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 4 news articles for H&E Equipment Services this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for HEES on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.MarketBeat Follows3 people have added H&E Equipment Services to their MarketBeat watchlist in the last 30 days. This is an increase of 200% 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 Institutions75.12% 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 3.8 Earnings and Valuation Earnings GrowthEarnings for H&E Equipment Services are expected to grow by 8.19% in the coming year, from $4.03 to $4.36 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of H&E Equipment Services is 11.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.84.Price to Earnings Ratio vs. SectorThe P/E ratio of H&E Equipment Services is 11.09, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 18.61.Price to Earnings Growth RatioH&E Equipment Services has a PEG Ratio of 0.86. 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 3.90. 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. engages in the provision of equipment services, which focus on heavy construction and industrial equipment. It operates through the following segments: Equipment Rentals, New Equipment Sales, Used Equipment Sales, Parts Sales, and Services. The Equipment Rentals segment focuses on renting construction and industrial equipment. The New Equipment Sales segment is involved in selling new equipment in product categories. The Used Equipment Sales segment offers rental fleet and inventoried equipment that are acquired through trade-ins and through purchases of high quality used equipment. The Parts Sales segment includes new and used parts for the equipment and rental fleet. The Services segment operation provides maintenance and repair services for customers' equipment and to rental fleet. The company was founded by Tom Engquist and Frank Head in 1961 and is headquartered in Baton Rouge, LA.Read More 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 Stock News HeadlinesJune 7, 2023 | finance.yahoo.comH&E Equipment Services, Inc. To Participate in the Wells Fargo Industrials ConferenceMay 22, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on H&E Equipment Services (NASDAQ:HEES)June 8, 2023 | Edge On The Street (Ad)New "Mined in America" Lithium Opportunities?The average electric vehicle needs 138 pounds of lithium carbonate for its battery components. But China currently controls the entire lithium supply chain.May 22, 2023 | americanbankingnews.comH&E Equipment Services, Inc. (NASDAQ:HEES) Announces Quarterly Dividend of $0.28May 18, 2023 | finance.yahoo.comH&E Equipment Services (NASDAQ:HEES) Has Affirmed Its Dividend Of $0.275May 16, 2023 | americanbankingnews.comH&E Equipment Services, Inc. (NASDAQ:HEES) Sees Large Decline in Short InterestMay 16, 2023 | msn.comH&E Equipment Services (HEES) Declares $0.28 DividendMay 15, 2023 | seekingalpha.comH&E Equipment Services: A Good Buying OpportunityJune 8, 2023 | Edge On The Street (Ad)New "Mined in America" Lithium Opportunities?The average electric vehicle needs 138 pounds of lithium carbonate for its battery components. But China currently controls the entire lithium supply chain.May 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 | americanbankingnews.comQ2 2023 EPS Estimates for H&E Equipment Services, Inc. Decreased by B. Riley (NASDAQ:HEES)May 2, 2023 | msn.comStifel Maintains H &E Equipment Services (HEES) Buy RecommendationMay 1, 2023 | americanbankingnews.comB. Riley Cuts H&E Equipment Services (NASDAQ:HEES) Price Target to $47.00April 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 25, 2023 | americanbankingnews.comH&E Equipment Services (HEES) Set to Announce Earnings on ThursdayApril 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 ManitowocMarch 24, 2023 | finance.yahoo.comIs H&E Equipment Services, Inc. (NASDAQ:HEES) A High Quality Stock To Own?March 15, 2023 | finance.yahoo.comH&E Equipment Services Appoints Suzanne H. Wood as DirectorMarch 10, 2023 | finance.yahoo.comAn Intrinsic Calculation For H&E Equipment Services, Inc. (NASDAQ:HEES) Suggests It's 21% UndervaluedMarch 8, 2023 | seekingalpha.comH&E Equipment Services: Shares Aren't Done Rising Just YetMarch 8, 2023 | finance.yahoo.comH&E Equipment (HEES) Up 68% in 6 Months: More Room to Run?See More Headlines HEES Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HEES Company Calendar Ex-Dividend for 3/10 Dividend2/23/2023Dividend Payable3/10/2023Last Earnings4/27/2023Ex-Dividend for 6/9 Dividend5/24/2023Today6/08/2023Dividend Payable6/09/2023Next Earnings (Estimated)7/27/2023Fiscal 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$54.75 High Stock Price Forecast$64.00 Low Stock Price Forecast$46.00 Forecasted Upside/Downside+26.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$3.89 Trailing P/E Ratio11.09 Forward P/E Ratio10.70 P/E Growth0.86Net Income$132.17 million Net Margins10.93% Pretax Margin14.94% Return on Equity38.04% Return on Assets6.28% Debt Debt-to-Equity Ratio3.08 Current Ratio1.91 Quick Ratio1.20 Sales & Book Value Annual Sales$1.24 billion Price / Sales1.26 Cash Flow$13.36 per share Price / Cash Flow3.23 Book Value$11.05 per share Price / Book3.90Miscellaneous Outstanding Shares36,380,000Free Float31,798,000Market Cap$1.57 billion OptionableOptionable Beta2.00 Social Links Key ExecutivesBradley W. BarberChief Executive Officer & DirectorJohn McDowell EngquistPresident & Chief Operating OfficerLeslie S. MageeChief Financial Officer & SecretaryKey CompetitorsEnergy RecoveryNASDAQ:ERIITennantNYSE:TNCEnerpac Tool GroupNYSE:EPACLindsayNYSE:LNNNapco Security TechnologiesNASDAQ:NSSCView All CompetitorsInsiders & InstitutionsMacquarie Group Ltd.Bought 4,801 shares on 6/1/2023Ownership: 4.233%Ameriprise Financial Inc.Sold 165,524 shares on 5/22/2023Ownership: 0.697%New York State Common Retirement FundSold 40,767 shares on 5/18/2023Ownership: 0.676%JPMorgan Chase & Co.Sold 1,438 shares on 5/18/2023Ownership: 0.142%Sunbelt Securities Inc.Bought 819 shares on 5/17/2023Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions HEES Stock - Frequently Asked Questions Should I buy or sell H&E Equipment Services stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for H&E Equipment Services in the last year. There are currently 4 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? 4 brokers have issued 12-month price targets for H&E Equipment Services' shares. Their HEES share price forecasts range from $46.00 to $64.00. On average, they expect the company's share price to reach $54.75 in the next twelve months. This suggests a possible upside of 26.9% 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 decreased by 5.0% and is now trading at $43.14. View the best growth stocks for 2023 here. Are investors shorting H&E Equipment Services? H&E Equipment Services saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 616,400 shares, a drop of 26.9% from the April 30th total of 843,500 shares. Based on an average trading volume of 309,500 shares, the short-interest ratio is presently 2.0 days. Currently, 1.9% 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 Thursday, July 27th 2023. View our HEES earnings forecast. How were H&E Equipment Services' earnings last quarter? H&E Equipment Services, Inc. (NASDAQ:HEES) posted its quarterly earnings results on Thursday, April, 27th. The industrial products company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.60 by $0.11. The industrial products company had revenue of $322.50 million for the quarter, compared to analyst estimates of $307.11 million. H&E Equipment Services had a net margin of 10.93% and a trailing twelve-month return on equity of 38.04%. The company's revenue for the quarter was up 18.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.45 EPS. 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 12th. Investors of record on Thursday, May 25th will be paid a dividend of $0.275 per share on Friday, June 9th. This represents a $1.10 dividend on an annualized basis and a yield of 2.55%. The ex-dividend date is Wednesday, May 24th. 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 VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), iShares U.S. Infrastructure ETF (IFRA), Invesco DWA SmallCap Momentum ETF (DWAS), Avantis U.S. Small Cap Value ETF (AVUV), Small Cap US Equity Select ETF (RNSC), 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 2.83%. The dividend payout ratio is 28.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HEES will have a dividend payout ratio of 25.23% 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 variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.94%), Clearbridge Investments LLC (6.88%), Macquarie Group Ltd. (4.23%), Macquarie Group Ltd. (4.23%), American Century Companies Inc. (3.89%) and Dimensional Fund Advisors LP (3.46%). 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 $43.14. How much money does H&E Equipment Services make? H&E Equipment Services (NASDAQ:HEES) has a market capitalization of $1.57 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 $3.89 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 6/8/2023 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. Please log in to your account or sign up in order to add this asset to your watchlist. 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