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H&E Equipment Services NasdaqGS:HEES Stock Report

Last Price

US$88.27

Market Cap

US$3.2b

7D

-1.1%

1Y

64.1%

Updated

29 Jan, 2025

Data

Company Financials +

H&E Equipment Services, Inc.

NasdaqGS:HEES Stock Report

Market Cap: US$3.2b

HEES Stock Overview

Operates as an integrated equipment services company in the United States. More details

HEES fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends4/6

Risk Analysis

Highly volatile share price over the past 3 months compared to the US market

Has a high level of debt


Community Narratives

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Narratives bring a range of perspectives from our community.

WA
Analyst Price Target
Consensus Narrative from 3 Analysts

Branch Expansion And Mega Projects Will Boost Future Construction Opportunities

Key Takeaways Strategic branch expansion and mega projects position H&E Equipment Services for growth in regions with robust construction activity, boosting future revenue and margins. Easing interest rates and a young fleet enhance operational efficiency, supporting profitability and improved net margins over time.
View narrative
US$64.50
FV
36.9% overvalued intrinsic discount
3.80%
Revenue growth p.a.
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1users have followed this narrative
21 days ago author updated this narrative

My Notes

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H&E Equipment Services, Inc. Competitors

GMS

NYSE:GMS

US$3.3b

McGrath RentCorp

NasdaqGS:MGRC

US$3.0b

Rush Enterprises

NasdaqGS:RUSH.A

US$4.7b

Air Lease

NYSE:AL

US$5.1b

Price History & Performance

Summary of share price highs, lows and changes for H&E Equipment Services
Historical stock prices
Current Share PriceUS$88.27
52 Week HighUS$90.66
52 Week LowUS$40.93
Beta1.87
1 Month Change79.37%
3 Month Change68.94%
1 Year Change64.10%
3 Year Change109.62%
5 Year Change200.65%
Change since IPO282.12%

Recent News & Updates

United Rentals Buys Instead Of Rents With Purchase Of H&E Equipment Services

Jan 15

H&E Equipment Services: Earnings Understate Cash Production

Dec 20

Recent updates

United Rentals Buys Instead Of Rents With Purchase Of H&E Equipment Services

Jan 15

H&E Equipment Services: Earnings Understate Cash Production

Dec 20

Returns On Capital At H&E Equipment Services (NASDAQ:HEES) Have Hit The Brakes

Dec 09
Returns On Capital At H&E Equipment Services (NASDAQ:HEES) Have Hit The Brakes

H&E Equipment Services' (NASDAQ:HEES) Dividend Will Be $0.275

Nov 21
H&E Equipment Services' (NASDAQ:HEES) Dividend Will Be $0.275

Does H&E Equipment Services (NASDAQ:HEES) Have A Healthy Balance Sheet?

Nov 12
Does H&E Equipment Services (NASDAQ:HEES) Have A Healthy Balance Sheet?

Is It Too Late To Consider Buying H&E Equipment Services, Inc. (NASDAQ:HEES)?

Oct 29
Is It Too Late To Consider Buying H&E Equipment Services, Inc. (NASDAQ:HEES)?

H&E Equipment Services (NASDAQ:HEES) Is Due To Pay A Dividend Of $0.275

Aug 16
H&E Equipment Services (NASDAQ:HEES) Is Due To Pay A Dividend Of $0.275

Do H&E Equipment Services' (NASDAQ:HEES) Earnings Warrant Your Attention?

Jul 31
Do H&E Equipment Services' (NASDAQ:HEES) Earnings Warrant Your Attention?

H&E Equipment Services: Unfairly Punished Equipment Rental Play With Catalysts

Jul 23

Is It Time To Consider Buying H&E Equipment Services, Inc. (NASDAQ:HEES)?

Jul 15
Is It Time To Consider Buying H&E Equipment Services, Inc. (NASDAQ:HEES)?

Returns On Capital At H&E Equipment Services (NASDAQ:HEES) Have Stalled

Jul 02
Returns On Capital At H&E Equipment Services (NASDAQ:HEES) Have Stalled

Benign Growth For H&E Equipment Services, Inc. (NASDAQ:HEES) Underpins Its Share Price

May 30
Benign Growth For H&E Equipment Services, Inc. (NASDAQ:HEES) Underpins Its Share Price

H&E Equipment Services, Inc. Beat Revenue Forecasts By 5.3%: Here's What Analysts Are Forecasting Next

May 03
H&E Equipment Services, Inc. Beat Revenue Forecasts By 5.3%: Here's What Analysts Are Forecasting Next

Choice Equities - H&E Equipment Services: Market Fails To Appreciate Growth Prospects

May 01

H&E Equipment: Rental Business With Ambitions

Apr 18

Here's Why We Think H&E Equipment Services (NASDAQ:HEES) Is Well Worth Watching

Apr 16
Here's Why We Think H&E Equipment Services (NASDAQ:HEES) Is Well Worth Watching

What Does H&E Equipment Services, Inc.'s (NASDAQ:HEES) Share Price Indicate?

Apr 01
What Does H&E Equipment Services, Inc.'s (NASDAQ:HEES) Share Price Indicate?

Results: H&E Equipment Services, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Feb 24
Results: H&E Equipment Services, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

H&E Equipment: Short-Term Prospects Are Less Appealing

Feb 15

H&E Equipment Services (NASDAQ:HEES) Has Announced A Dividend Of $0.275

Feb 15
H&E Equipment Services (NASDAQ:HEES) Has Announced A Dividend Of $0.275

There's No Escaping H&E Equipment Services, Inc.'s (NASDAQ:HEES) Muted Earnings

Jan 26
There's No Escaping H&E Equipment Services, Inc.'s (NASDAQ:HEES) Muted Earnings

H&E Is Positioned Well For Elevated 2024 Construction Spending

Jan 12

Here's Why We Think H&E Equipment Services (NASDAQ:HEES) Is Well Worth Watching

Jan 08
Here's Why We Think H&E Equipment Services (NASDAQ:HEES) Is Well Worth Watching

Is H&E Equipment Services (NASDAQ:HEES) Using Too Much Debt?

Dec 06
Is H&E Equipment Services (NASDAQ:HEES) Using Too Much Debt?

Should You Think About Buying H&E Equipment Services, Inc. (NASDAQ:HEES) Now?

Oct 20
Should You Think About Buying H&E Equipment Services, Inc. (NASDAQ:HEES) Now?

Here's Why We Think H&E Equipment Services (NASDAQ:HEES) Is Well Worth Watching

Oct 06
Here's Why We Think H&E Equipment Services (NASDAQ:HEES) Is Well Worth Watching

Does H&E Equipment Services (NASDAQ:HEES) Have A Healthy Balance Sheet?

Sep 04
Does H&E Equipment Services (NASDAQ:HEES) Have A Healthy Balance Sheet?

H&E Equipment Services (NASDAQ:HEES) Is Paying Out A Dividend Of $0.275

Aug 17
H&E Equipment Services (NASDAQ:HEES) Is Paying Out A Dividend Of $0.275

Estimating The Fair Value Of H&E Equipment Services, Inc. (NASDAQ:HEES)

Aug 02
Estimating The Fair Value Of H&E Equipment Services, Inc. (NASDAQ:HEES)

Is Now The Time To Put H&E Equipment Services (NASDAQ:HEES) On Your Watchlist?

Jun 03
Is Now The Time To Put H&E Equipment Services (NASDAQ:HEES) On Your Watchlist?

H&E Equipment Services (NASDAQ:HEES) Is Due To Pay A Dividend Of $0.275

May 18
H&E Equipment Services (NASDAQ:HEES) Is Due To Pay A Dividend Of $0.275

H&E Equipment Services (NASDAQ:HEES) Takes On Some Risk With Its Use Of Debt

Apr 30
H&E Equipment Services (NASDAQ:HEES) Takes On Some Risk With Its Use Of Debt

Is There An Opportunity With H&E Equipment Services, Inc.'s (NASDAQ:HEES) 31% Undervaluation?

Mar 17
Is There An Opportunity With H&E Equipment Services, Inc.'s (NASDAQ:HEES) 31% Undervaluation?

H&E Equipment Services (NASDAQ:HEES) Will Pay A Dividend Of $0.275

Feb 16
H&E Equipment Services (NASDAQ:HEES) Will Pay A Dividend Of $0.275

Does H&E Equipment Services (NASDAQ:HEES) Have A Healthy Balance Sheet?

Jan 27
Does H&E Equipment Services (NASDAQ:HEES) Have A Healthy Balance Sheet?

Shareholder Returns

HEESUS Trade DistributorsUS Market
7D-1.1%-2.0%-0.8%
1Y64.1%14.0%25.2%

Return vs Industry: HEES exceeded the US Trade Distributors industry which returned 12.7% over the past year.

Return vs Market: HEES exceeded the US Market which returned 23.7% over the past year.

Price Volatility

Is HEES's price volatile compared to industry and market?
HEES volatility
HEES Average Weekly Movement30.8%
Trade Distributors Industry Average Movement5.9%
Market Average Movement6.5%
10% most volatile stocks in US Market18.7%
10% least volatile stocks in US Market3.3%

Stable Share Price: HEES's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: HEES's weekly volatility has increased from 16% to 31% over the past year.

About the Company

FoundedEmployeesCEOWebsite
19612,765Brad Barberwww.he-equipment.com

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.

H&E Equipment Services, Inc. Fundamentals Summary

How do H&E Equipment Services's earnings and revenue compare to its market cap?
HEES fundamental statistics
Market capUS$3.22b
Earnings (TTM)US$143.74m
Revenue (TTM)US$1.52b

22.5x

P/E Ratio

2.1x

P/S Ratio

Is HEES overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HEES income statement (TTM)
RevenueUS$1.52b
Cost of RevenueUS$824.37m
Gross ProfitUS$693.94m
Other ExpensesUS$550.20m
EarningsUS$143.74m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.93
Gross Margin45.70%
Net Profit Margin9.47%
Debt/Equity Ratio254.8%

How did HEES perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

28%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/29 05:29
End of Day Share Price 2025/01/29 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

H&E Equipment Services, Inc. is covered by 16 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sherif El-SabbahyBofA Global Research
Alexander RygielB. Riley Securities, Inc.
Neil FrohnappleBuckingham Research Group Inc.