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NASDAQ:HEES

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

$36.22
-1.35 (-3.59%)
(As of 02:46 PM ET)
Compare
Today's Range
$35.86
$37.70
50-Day Range
$32.62
$44.23
52-Week Range
$26.12
$56.47
Volume
57,523 shs
Average Volume
282,071 shs
Market Capitalization
$1.32 billion
P/E Ratio
9.31
Dividend Yield
3.04%
Price Target
$54.75

H&E Equipment Services MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
51.2% Upside
$54.75 Price Target
Short Interest
Healthy
1.94% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.22
Upright™ Environmental Score
News Sentiment
1.33mentions of H&E Equipment Services in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$1.38 M Sold Last Quarter
Proj. Earnings Growth
8.19%
From $4.03 to $4.36 Per Share

Overall MarketRank

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

3.58 out of 5 stars

Industrial Products Sector

1st out of 178 stocks

Miscellaneous Equipment Rental & Leasing Industry

1st out of 5 stocks


HEES stock logo

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

H&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.

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HEES Stock News Headlines

The Ignored EV Story Few Investors Know About
Lithium may grab all the headlines, but the average electric vehicle requires 146 pounds of the mineral graphite. With no producing graphite mines in North America, the U.S. government is desperate for more domestic sources of the metal to feed the EV battery supply chain.
H&E Equipment Services: A Good Buying Opportunity
The Ignored EV Story Few Investors Know About
Lithium may grab all the headlines, but the average electric vehicle requires 146 pounds of the mineral graphite. With no producing graphite mines in North America, the U.S. government is desperate for more domestic sources of the metal to feed the EV battery supply chain.
H&E Equipment Services Q1 Income And Revenues Jump, Beat View
See More Headlines
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HEES Company Calendar

Ex-Dividend for 3/10 Dividend
2/23/2023
Dividend Payable
3/10/2023
Last Earnings
4/27/2023
Ex-Dividend for 6/9 Dividend
5/24/2023
Today
5/31/2023
Dividend Payable
6/09/2023
Next Earnings (Estimated)
7/27/2023
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
$54.75
High Stock Price Forecast
$64.00
Low Stock Price Forecast
$46.00
Forecasted Upside/Downside
+47.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$132.17 million
Pretax Margin
14.94%

Debt

Sales & Book Value

Annual Sales
$1.24 billion
Cash Flow
$11.82 per share
Book Value
$11.45 per share

Miscellaneous

Free Float
31,798,000
Market Cap
$1.35 billion
Optionable
Optionable
Beta
2.01

Social Links


Key Executives

  • Bradley W. Barber
    Chief Executive Officer & Director
  • John McDowell Engquist
    President & Chief Operating Officer
  • Leslie S. Magee
    Chief Financial Officer & Secretary













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 twelve-month price targets for H&E Equipment Services' shares. Their HEES share price forecasts range from $46.00 to $64.00. On average, they anticipate the company's stock price to reach $54.75 in the next twelve months. This suggests a possible upside of 47.5% 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 shares have decreased by 18.2% and is now trading at $37.12.
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 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 daily trading volume, of 309,500 shares, the days-to-cover ratio is presently 2.0 days. Approximately 1.9% of the shares of the stock 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) released its quarterly earnings data on Thursday, April, 27th. The industrial products company reported $0.71 earnings per share for the quarter, topping analysts' consensus estimates of $0.60 by $0.11. The industrial products company earned $322.50 million during the quarter, compared to analysts' expectations 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 firm's revenue for the quarter was up 18.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.45 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, May 12th. Stockholders 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 dividend yield of 2.96%. The ex-dividend date is Wednesday, May 24th.
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 2.91%. 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 number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.94%), Clearbridge Investments LLC (6.88%), Macquarie Group Ltd. (4.23%), American Century Companies Inc. (3.89%), Dimensional Fund Advisors LP (3.46%) and Bank of America Corp DE (2.48%). 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 $37.12.

How much money does H&E Equipment Services make?

H&E Equipment Services (NASDAQ:HEES) has a market capitalization of $1.35 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 5/31/2023 by MarketBeat.com Staff

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