NASDAQ:HEES

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

$57.25
-1.04 (-1.78%)
(As of 04/22/2024 ET)
Today's Range
$57.16
$58.62
50-Day Range
$52.95
$65.61
52-Week Range
$32.33
$66.18
Volume
264,736 shs
Average Volume
211,560 shs
Market Capitalization
$2.09 billion
P/E Ratio
12.26
Dividend Yield
1.92%
Price Target
$64.33

H&E Equipment Services MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
12.4% Upside
$64.33 Price Target
Short Interest
Healthy
1.83% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.22
Upright™ Environmental Score
News Sentiment
0.73mentions of H&E Equipment Services in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$4.53 M Sold Last Quarter
Proj. Earnings Growth
11.95%
From $5.02 to $5.62 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.96 out of 5 stars

Industrial Products Sector

2nd out of 169 stocks

Miscellaneous Equipment Rental & Leasing Industry

1st out of 5 stocks

HEES stock logo

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

H&E Equipment Services, Inc. operates as an integrated equipment services company in the United States. The company operates in five segments: Equipment Rentals, Sales of Rental Equipment, Sales of New Equipment, 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 Sales of Rental Equipment segment sells used equipment from its rental fleet. The Sales of New Equipment segment sells new construction equipment through a professional sales force. The Parts Sales segment provides parts to its rental fleet and sells parts for the equipment, as well as maintains parts inventory. The Repair and Maintenance Services segment provides maintenance and repair services to its rental fleet and customers' equipment at its facilities, as well as at customers' locations. 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 Stock Price History

HEES Stock News Headlines

Healthcare Takes A Big Step Forward With The Help Of AI
The average doctor can diagnose an illness correctly 50-90% of the time. But one innovative company's medical AI gets it right 92%+.
H&E Equipment Services Inc
H&E Equipment Services To Acquire Lewistown Rental - Quick Facts
Healthcare Takes A Big Step Forward With The Help Of AI
The average doctor can diagnose an illness correctly 50-90% of the time. But one innovative company's medical AI gets it right 92%+.
H&E Equipment Services Inc.
See More Headlines
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Company Calendar

Last Earnings
2/22/2024
Ex-Dividend for 3/15 Dividend
2/22/2024
Dividend Payable
3/15/2024
Today
4/22/2024
Next Earnings (Confirmed)
4/30/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Miscellaneous equipment rental & leasing
Sub-Industry
Trading Companies & Distributors
Current Symbol
NASDAQ:HEES
CUSIP
40403010
Employees
2,765
Year Founded
1961

Price Target and Rating

Average Stock Price Target
$64.33
High Stock Price Target
$69.00
Low Stock Price Target
$61.00
Potential Upside/Downside
+12.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$169.29 million
Pretax Margin
15.19%

Debt

Sales & Book Value

Annual Sales
$1.47 billion
Cash Flow
$15.35 per share
Book Value
$14.66 per share

Miscellaneous

Free Float
31,964,000
Market Cap
$2.09 billion
Optionable
Optionable
Beta
1.95

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HEES Stock Analysis - Frequently Asked Questions

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

3 Wall Street equities 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 equities 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 target for 2024?

3 Wall Street research analysts have issued twelve-month target prices for H&E Equipment Services' stock. Their HEES share price targets range from $61.00 to $69.00. On average, they expect the company's stock price to reach $64.33 in the next twelve months. This suggests a possible upside of 12.4% 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 2024?

H&E Equipment Services' stock was trading at $52.32 at the start of the year. Since then, HEES stock has increased by 9.4% and is now trading at $57.25.
View the best growth stocks for 2024 here
.

Are investors shorting H&E Equipment Services?

H&E Equipment Services saw a decrease in short interest in March. As of March 31st, there was short interest totaling 584,000 shares, a decrease of 20.1% from the March 15th total of 730,800 shares. Based on an average daily volume of 217,400 shares, the days-to-cover ratio is currently 2.7 days. Currently, 1.8% 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 Tuesday, April 30th 2024.
View our HEES earnings forecast
.

How can I listen to H&E Equipment Services' earnings call?

H&E Equipment Services will be holding an earnings conference call on Tuesday, April 30th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 877-344-7529 with passcode "2298317".

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

H&E Equipment Services, Inc. (NASDAQ:HEES) posted its quarterly earnings results on Thursday, February, 22nd. The industrial products company reported $1.47 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.22 by $0.25. The industrial products company earned $385.80 million during the quarter, compared to analyst estimates of $382.58 million. H&E Equipment Services had a trailing twelve-month return on equity of 36.72% and a net margin of 11.52%. The company's revenue for the quarter was up 9.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.41 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, February 9th. Shareholders of record on Friday, February 23rd will be given a dividend of $0.275 per share on Friday, March 15th. This represents a $1.10 dividend on an annualized basis and a yield of 1.92%. The ex-dividend date is Thursday, February 22nd.
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 1.89%. The dividend payout ratio is 23.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HEES will have a dividend payout ratio of 19.57% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HEES.

What ETFs hold H&E Equipment Services' stock?
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).

Who are H&E Equipment Services' major shareholders?

H&E Equipment Services' stock is owned by many different institutional and retail investors. Top institutional investors include Harbour Capital Advisors LLC (0.07%), BTC Capital Management Inc. (0.03%), Diversified Trust Co (0.03%) and Denali Advisors LLC (0.01%). Insiders that own company stock include Bradley W Barber, Gary W Bagley, John Mcdowell Engquist, Lawrence C Karlson, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:HEES) was last updated on 4/23/2024 by MarketBeat.com Staff

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