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

Company Overview

H&E Equipment Services provides comprehensive equipment solutions to the construction, industrial, and infrastructure markets across North America. The company specializes in the rental, sales, parts distribution, and maintenance of a wide range of heavy machinery, including earthmoving equipment, aerial lifts, cranes, industrial generators, forklifts, and material-handling assets. H&E’s integrated service model emphasizes preventive maintenance and on-site support, enabling customers to maximize uptime and maintain project schedules.

Founded in 1961 in Amarillo, Texas, H&E Equipment Services has grown from a single-location rental operation into one of the largest full-service equipment providers in the United States. Headquartered in Baton Rouge, Louisiana, the company operates over 100 branch locations in 26 states, as well as several service centers in Canada. This geographic footprint allows H&E to serve diverse end markets, from small contractors to large infrastructure and energy development projects.

H&E’s product offerings encompass both new and used equipment sales, alongside flexible rental terms that range from daily usage agreements to long-term contracts. The company also maintains a robust inventory of replacement parts and accessories, supported by a nationwide logistics network. H&E’s technical support teams and field service technicians provide preventative maintenance, safety inspections, and emergency repair services, reinforcing its commitment to customer productivity and equipment reliability.

Under the leadership of Chief Executive Officer Bill Armstrong, H&E has focused on strategic acquisitions, technology integration, and operational efficiency. The management team includes experienced industry executives in finance, operations, and customer service, all reporting to a board of directors with deep expertise in equipment rental and capital markets. This governance structure aims to sustain H&E’s growth trajectory while upholding rigorous safety standards and elevating the customer experience.

Key Stats

• Today's Range: $94.64 to $94.64
• 50-Day Range: $90.17 to $96.29
• 52-Week Range: $40.93 to $101.28
• Volume: N/A
• Average Volume: 609,494 shs
• Market Capitalization: $3.47 billion
• P/E Ratio: 24.02
• Dividend Yield: 1.16%
• Price Target: $71.33
• Consensus Rating: Moderate Buy

H&E Equipment Services Stock Analysis - MarketRank™

H&E Equipment Services scored higher than 55% of companies evaluated by MarketBeat, and ranked 110th out of 182 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

H&E Equipment Services has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

H&E Equipment Services has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 18.46%

Earnings Growth

Earnings for H&E Equipment Services are expected to grow by 18.46% in the coming year, from $3.25 to $3.85 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of H&E Equipment Services is 24.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.65.

Price to Earnings Ratio vs. Sector

The P/E ratio of H&E Equipment Services is 24.02, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 25.08.

Price to Book Value per Share Ratio

H&E Equipment Services has a P/B Ratio of 6.46. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for HEES.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

H&E Equipment Services pays a meaningful dividend of 1.15%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

H&E Equipment Services does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of H&E Equipment Services is 44.18%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, H&E Equipment Services will have a dividend payout ratio of 28.57% next year. This indicates that H&E Equipment Services will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.5 / 5
• Environmental Score: -0.22

Short Interest

There is no current short interest data available for HEES.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

Search Interest

1 people have searched for HEES on MarketBeat in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, H&E Equipment Services insiders have not sold or bought any company stock.

Percentage Held by Insiders

12.50% 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 Institutions

84.08% 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.

HEES Stock Analysis - Frequently Asked Questions

How were H&E Equipment Services' earnings last quarter?

H&E Equipment Services, Inc. (NASDAQ:HEES) announced its quarterly earnings data on Tuesday, April, 29th. The industrial products company reported $0.03 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.66 by $0.63. The company's revenue for the quarter was down 13.9% on a year-over-year basis.

What other stocks do shareholders of H&E Equipment Services own?

Based on aggregate information from My MarketBeat watchlists, some other companies that H&E Equipment Services investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Humana (HUM), Adobe (ADBE), Arista Networks (ANET) and Jabil (JBL).

Company Calendar

• Last Earnings: 4/29/2025
• Today: 7/16/2025
• Next Earnings (Estimated): 7/29/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrials
• Industry: Miscellaneous equipment rental & leasing
• Sub-Industry: Trading Companies & Distributors
• Current Symbol: NASDAQ:HEES
• CIK: 1339605
• Web: www.he-equipment.com
• Phone: (225) 298-5200
• Fax: 225-298-5308
• Employees: 2,380
• Year Founded: 1961

Price Target and Rating

• Average Price Target for H&E Equipment Services: $71.33
• High Price Target: $92.00
• Low Price Target: $60.00
• Potential Upside/Downside: -24.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.49
• Trailing P/E Ratio: 24.02
• Forward P/E Ratio: 29.12
• P/E Growth: N/A
• Net Income: $169.29 million
• Net Margins: 9.47%
• Pretax Margin: 12.58%
• Return on Equity: 25.46%
• Return on Assets: 5.16%

Debt

• Debt-to-Equity Ratio: 2.09
• Current Ratio: 0.64
• Quick Ratio: 0.59

Sales & Book Value

• Annual Sales: $1.46 billion
• Price / Sales: 2.37
• Cash Flow: $14.76 per share
• Price / Cash Flow: 6.41
• Book Value: $14.66 per share
• Price / Book: 6.46

Miscellaneous

• Outstanding Shares: 36,667,000
• Free Float: 32,029,000
• Market Cap: $3.47 billion
• Optionable: Optionable
• Beta: 1.87