H&E Equipment Services - HEES Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for H&E Equipment Services in the last twelve months. There are currently 4 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.

4 analysts have issued 1 year price objectives for H&E Equipment Services' stock. Their HEES share price forecasts range from $46.00 to $64.00. On average, they predict the company's share price to reach $58.00 in the next year. This suggests a possible upside of 34.5% from the stock's current price.
View analysts price targets for HEES or view top-rated stocks among Wall Street analysts.

H&E Equipment Services' stock was trading at $45.40 at the start of the year. Since then, HEES stock has decreased by 5.0% and is now trading at $43.12.
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H&E Equipment Services saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 906,500 shares, an increase of 16.6% from the February 13th total of 777,700 shares. Based on an average trading volume of 264,600 shares, the short-interest ratio is presently 3.4 days. Currently, 2.9% of the company's shares are sold short.
View H&E Equipment Services' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
View our HEES earnings forecast.

H&E Equipment Services, Inc. (NASDAQ:HEES) issued its earnings results on Wednesday, February, 22nd. The industrial products company reported $1.41 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.41. The industrial products company had revenue of $353.12 million for the quarter, compared to analyst estimates of $339.32 million. H&E Equipment Services had a trailing twelve-month return on equity of 38.23% and a net margin of 10.62%. The firm's revenue for the quarter was up 25.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.59 EPS.

H&E Equipment Services announced a quarterly dividend on Friday, February 10th. Stockholders of record on Friday, February 24th will be given a dividend of $0.275 per share on Friday, March 10th. This represents a $1.10 annualized dividend and a dividend yield of 2.55%. The ex-dividend date of this dividend is Thursday, February 23rd.
Read our dividend analysis for HEES.

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), Invesco DWA Industrials Momentum ETF (PRN), iShares U.S. Infrastructure ETF (IFRA), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), Invesco DWA SmallCap Momentum ETF (DWAS), Small Cap US Equity Select ETF (RNSC), WisdomTree U.S. SmallCap Dividend Fund (DES) and First Trust Small Cap Value AlphaDEX Fund (FYT).

H&E Equipment Services (NASDAQ:HEES) pays an annual dividend of $1.10 per share and currently has a dividend yield of 2.59%. The dividend payout ratio is 30.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HEES will have a dividend payout ratio of 25.76% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HEES.

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.

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).

H&E Equipment Services trades on the NASDAQ under the ticker symbol "HEES."

H&E Equipment Services' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Clearbridge Investments LLC (7.05%), Macquarie Group Ltd. (4.23%), American Century Companies Inc. (3.91%), Dimensional Fund Advisors LP (3.47%), Alliancebernstein L.P. (2.08%) and Geode Capital Management LLC (1.69%). Insiders that own company stock include Bradley W Barber, Gary W Bagley, John Mcdowell Engquist, Lawrence C Karlson, Patrick Edsell and Paul Arnold.
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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.
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One share of HEES stock can currently be purchased for approximately $43.12.

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 $3.63 on an earnings per share basis.

The company employs 2,375 workers across the globe.

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.