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NASDAQ:HEESH&E Equipment Services Stock Price, Forecast & News

$17.14
-0.14 (-0.81 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$16.41
Now: $17.14
$17.51
50-Day Range
$12.29
MA: $14.47
$17.90
52-Week Range
$9.12
Now: $17.14
$37.85
Volume342,527 shs
Average Volume386,853 shs
Market Capitalization$615.67 million
P/E Ratio17.14
Dividend Yield6.42%
Beta2.34
H&E Equipment Services, Inc. operates as an integrated equipment services company. The company operates in five segments: Equipment Rentals, New Equipment Sales, Used Equipment Sales, Parts Sales, and Repair and Maintenance Services. It rents, sells, and provides parts and support services for hi-lift or aerial work platform equipment, cranes, earthmoving equipment, and industrial lift trucks. The company offers heavy construction and industrial equipment for rent on a daily, weekly, and monthly basis. As of December 31, 2018, its rental fleet consisted of 40,542 pieces of equipment. The company also sells new and used equipment, as well as parts; and provides maintenance and repair services for the customers' owned equipment. In addition, it offers ancillary equipment support activities, including transportation, hauling, parts shipping, and loss damage waivers. The company serves industrial and commercial companies, construction contractors, manufacturers, public utilities, municipalities, maintenance contractors, and various other industrial account customers. As of February 14, 2019, it had a network of 96 full-service facilities serving approximately 41,600 customers across 22 states in the West Coast, Intermountain, Southwest, Gulf Coast, Southeast, and Mid-Atlantic regions of the United States. H&E Equipment Services, Inc. was founded in 1961 and is headquartered in Baton Rouge, Louisiana.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.2Community Rank: 2.0Dividend Strength: 2.5Insider Behavior: 4.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.83 out of 5 stars


Industry, Sector and Symbol

Industry Miscellaneous equipment rental & leasing
Sub-IndustryTrading Companies & Distributors
Current SymbolNASDAQ:HEES
CUSIP40403010
Phone225-298-5200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.35 billion
Cash Flow$10.78 per share
Book Value$7.29 per share

Profitability

Net Income$87.21 million

Miscellaneous

Employees2,432
Market Cap$615.67 million
Next Earnings Date7/23/2020 (Estimated)
OptionableOptionable

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H&E Equipment Services (NASDAQ:HEES) Frequently Asked Questions

How has H&E Equipment Services' stock been impacted by COVID-19 (Coronavirus)?

H&E Equipment Services' stock was trading at $17.06 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, HEES shares have increased by 0.5% and is now trading at $17.14. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of H&E Equipment Services?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for H&E Equipment Services in the last year. There are currently 1 sell rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for H&E Equipment Services.

When is H&E Equipment Services' next earnings date?

H&E Equipment Services is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for H&E Equipment Services.

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

H&E Equipment Services, Inc. (NASDAQ:HEES) announced its quarterly earnings data on Friday, May, 8th. The industrial products company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.23 by $0.07. The industrial products company earned $285.90 million during the quarter, compared to analysts' expectations of $302.03 million. H&E Equipment Services had a net margin of 2.73% and a return on equity of 32.92%. The company's revenue was down 8.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.40 earnings per share. View H&E Equipment Services' earnings history.

How often does H&E Equipment Services pay dividends? What is the dividend yield for H&E Equipment Services?

H&E Equipment Services declared a quarterly dividend on Tuesday, May 19th. Investors of record on Monday, June 1st will be given a dividend of $0.275 per share on Friday, June 12th. This represents a $1.10 annualized dividend and a dividend yield of 6.42%. The ex-dividend date is Friday, May 29th. View H&E Equipment Services' dividend history.

What price target have analysts set for HEES?

3 brokerages have issued 12-month price objectives for H&E Equipment Services' stock. Their forecasts range from $14.00 to $40.00. On average, they expect H&E Equipment Services' share price to reach $27.00 in the next year. This suggests a possible upside of 57.5% from the stock's current price. View analysts' price targets for H&E Equipment Services.

Has H&E Equipment Services been receiving favorable news coverage?

Headlines about HEES stock have been trending somewhat negative on Sunday, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. H&E Equipment Services earned a daily sentiment score of -1.0 on InfoTrie's scale. They also assigned news headlines about the industrial products company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutH&E Equipment Services.

Are investors shorting H&E Equipment Services?

H&E Equipment Services saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,560,000 shares, an increase of 7.6% from the April 30th total of 1,450,000 shares. Based on an average daily trading volume, of 458,400 shares, the days-to-cover ratio is currently 3.4 days. Currently, 4.9% of the shares of the company are short sold. View H&E Equipment Services' Current Options Chain.

Who are some of H&E Equipment Services' key competitors?

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 LP Unit (ET), AT&T (T), Ford Motor (F), Pfizer (PFE), AbbVie (ABBV), CBL & Associates Properties (CBL), The Carlyle Group (CG), IBM (IBM), Broadcom (AVGO) and Cornerstone Total Return Fund (CRF).

Who are H&E Equipment Services' key executives?

H&E Equipment Services' management team includes the following people:
  • Mr. John Martindale Engquist, Exec. Chairman (Age 65)
  • Mr. Bradley W. Barber, CEO, Pres & Director (Age 46)
  • Ms. Leslie S. Magee, CFO & Sec. (Age 51)
  • Mr. Kevin S. Inda APR, VP of Investor Relations
  • Mr. Dale W. Roesener, VP of Aerial Work Platforms (Age 61)

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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (7.79%), Clearbridge Investments LLC (6.49%), Alliancebernstein L.P. (5.08%), State Street Corp (1.86%), Geode Capital Management LLC (1.29%) and Deutsche Bank AG (1.07%). Company insiders that own H&E Equipment Services stock include Bradley W Barber, Bruce Bruckmann, John Engquist, John Sawyer, Lawrence C Karlson and Paul Arnold. View institutional ownership trends for H&E Equipment Services.

Which major investors are selling H&E Equipment Services stock?

HEES stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Wells Fargo & Company MN, Nuveen Asset Management LLC, SG Americas Securities LLC, BlackRock Inc., Parametric Portfolio Associates LLC, Bank of New York Mellon Corp, and KBC Group NV. View insider buying and selling activity for H&E Equipment Services.

Which major investors are buying H&E Equipment Services stock?

HEES stock was bought by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Assenagon Asset Management S.A., Balyasny Asset Management LLC, BOKF NA, Morgan Stanley, Morgan Stanley, Tygh Capital Management Inc., and Deutsche Bank AG. Company insiders that have bought H&E Equipment Services stock in the last two years include Bradley W Barber, Bruce Bruckmann, John Sawyer, Lawrence C Karlson, and Paul Arnold. View insider buying and selling activity for H&E Equipment Services.

How do I buy shares of H&E Equipment Services?

Shares of HEES can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is H&E Equipment Services' stock price today?

One share of HEES stock can currently be purchased for approximately $17.14.

How big of a company is H&E Equipment Services?

H&E Equipment Services has a market capitalization of $615.67 million and generates $1.35 billion in revenue each year. The industrial products company earns $87.21 million in net income (profit) each year or $2.67 on an earnings per share basis. H&E Equipment Services employs 2,432 workers across the globe.

What is H&E Equipment Services' official website?

The official website for H&E Equipment Services is www.he-equipment.com.

How can I contact H&E Equipment Services?

H&E Equipment Services' mailing address is 7500 PECUE LANE, BATON ROUGE LA, 70809. The industrial products company can be reached via phone at 225-298-5200 or via email at [email protected]

This page was last updated on 5/31/2020 by MarketBeat.com Staff

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