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

$17.56

-0.34 (-1.90 %)

(As of 05/28/2020 04:00 PM ET)

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Today's Range

$17.41

Now: $17.56▼

$18.16

50-Day Range

$12.29

MA: $14.34▼

$17.38

52-Week Range

$9.12

Now: $17.56▼

$37.85

Volume354,800 shs

Average Volume388,482 shs

Market Capitalization$630.76 million

P/E Ratio17.56

Dividend Yield6.15%

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.

Beat the Market (BTM) Rank^™

3.2 Analyst's Opinion

Consensus Rating
H&E Equipment Services has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, no hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $27.00, H&E Equipment Services has a potential upside of 53.8% from its current price of $17.56.
Amount of Analyst Coverage
H&E Equipment Services has only been the subject of 2 research reports in the past 90 days.

2.0 Community Rank

Outperform Votes
H&E Equipment Services has received 229 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
H&E Equipment Services has received 337 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
H&E Equipment Services has received 59.54% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about H&E Equipment Services and other stocks. Vote “Outperform” if you believe HEES will outperform the S&P 500 over the long term. Vote “Underperform” if you believe HEES will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
H&E Equipment Services is a leading dividend payer. It pays a dividend yield of 6.15%, putting its dividend yield in the top 25% of dividend-paying stocks.
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 41.20 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on EPS estimates, H&E Equipment Services will have a dividend payout ratio of 76.92 % in the coming year. This indicates that H&E Equipment Services may not be able to sustain their current dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, H&E Equipment Services insiders have bought more of their company's stock than they have sold. Specifically, they have bought $417,368.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 11.70% of the stock of H&E Equipment Services is held by insiders.
Percentage Held by Institutions
70.74% 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.

2.5 Earnings and Valuation

Earnings Growth
Earnings for H&E Equipment Services are expected to grow by 83.33% in the coming year, from $0.78 to $1.43 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of H&E Equipment Services is 17.56, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.97.
Price to Earnings Ratio vs. Sector
The P/E ratio of H&E Equipment Services is 17.56, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 19.83.
Price to Earnings Growth Ratio
H&E Equipment Services has a PEG Ratio of 12.24. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
H&E Equipment Services has a P/B Ratio of 2.41. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.83 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Miscellaneous equipment rental & leasing

Sub-IndustryTrading Companies & Distributors

SectorIndustrial Products

Current SymbolNASDAQ:HEES

Previous Symbol

CUSIP40403010

CIK1339605

Webwww.he-equipment.com

Phone225-298-5200

Debt

Debt-to-Equity Ratio3.61

Current Ratio0.93

Quick Ratio0.60

Price-To-Earnings

Trailing P/E Ratio17.56

Forward P/E Ratio22.51

P/E Growth12.24

Sales & Book Value

Annual Sales$1.35 billion

Price / Sales0.47

Cash Flow$10.91 per share

Price / Cash Flow1.61

Book Value$7.29 per share

Price / Book2.41

Profitability

EPS (Most Recent Fiscal Year)$2.67

Net Income$87.21 million

Net Margins2.73%

Return on Equity32.92%

Return on Assets4.70%

Miscellaneous

Employees2,432

Outstanding Shares35,920,000

Market Cap$630.76 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 COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, HEES stock has increased by 2.9% and is now trading at $17.56. 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) released its quarterly earnings results on Friday, May, 8th. The industrial products company reported $0.30 EPS for the quarter, topping analysts' consensus estimates 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 return on equity of 32.92% and a net margin of 2.73%. The business's revenue for the quarter was down 8.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.40 EPS. 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. Shareholders of record on Monday, June 1st will be paid a dividend of $0.275 per share on Friday, June 12th. This represents a $1.10 annualized dividend and a dividend yield of 6.26%. The ex-dividend date is Friday, May 29th. View H&E Equipment Services' dividend history.

What price target have analysts set for HEES?

3 brokers have issued twelve-month price targets for H&E Equipment Services' stock. Their forecasts range from $14.00 to $40.00. On average, they anticipate H&E Equipment Services' stock price to reach $27.00 in the next twelve months. This suggests a possible upside of 53.8% 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?

News coverage about HEES stock has trended positive recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. H&E Equipment Services earned a daily sentiment score of 3.0 on InfoTrie's scale. They also assigned media stories about the industrial products company a news buzz of 7.0 out of 10, indicating that recent media coverage is likely to have an effect on the stock's share price in the next several days. 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 the month of 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 trading volume of 458,400 shares, the days-to-cover ratio is presently 3.4 days. Currently, 4.9% of the company's stock are short sold. View H&E Equipment Services' Current Options Chain.

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

Some companies that are related to H&E Equipment Services include Fastenal (FAST), W W Grainger (GWW), United Rentals (URI), Watsco (WSO), MSC Industrial Direct (MSM), Air Lease (AL), Applied Industrial Technologies (AIT), GATX (GATX), Beacon Roofing Supply (BECN), Rush Enterprises (RUSHA), WESCO International (WCC), Kaman (KAMN), Textainer Group (TGH), MRC Global (MRC) and DXP Enterprises (DXPE). View all 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 a variety of retail and institutional investors. Top institutional shareholders 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 $17.56.

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

H&E Equipment Services has a market capitalization of $630.76 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 5/28/2020 by MarketBeat.com Staff