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

HEES Stock Overview

H&E Equipment Services, Inc. operates as an integrated equipment services company.

HEES fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	3/6
Past Performance	4/6
Financial Health	4/6
Dividends	2/6

Rewards

Trading at 18.6% below our estimate of its fair value

Earnings are forecast to grow 9.24% per year

Earnings grew by 72.6% over the past year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 48.5%

Risk Analysis

High level of non-cash earnings

Dividend of 2.61% is not well covered by cash flows

Has a high level of debt

H&E Equipment Services, Inc. Competitors

Textainer Group Holdings

NYSE:TGH

US$1.6b

NOW

NYSE:DNOW

US$1.2b

Global Industrial

NYSE:GIC

US$1.2b

Distribution Solutions Group

NasdaqGS:DSGR

US$1.1b

Price History & Performance

Summary of all time highs, changes and price drops for H&E Equipment Services
Historical stock prices
Current Share Price	US$42.21
52 Week High	US$56.47
52 Week Low	US$26.94
Beta	2.08
1 Month Change	-4.24%
3 Month Change	-4.55%
1 Year Change	53.71%
3 Year Change	113.51%
5 Year Change	15.01%
Change since IPO	82.73%

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

Sep 04

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

Aug 17

Recent updates

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

Mar 17

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

Feb 16

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

Jan 27

Should You Be Adding H&E Equipment Services (NASDAQ:HEES) To Your Watchlist Today?

Dec 07

H&E Equipment to acquire One Source Equipment Rental for $130M in cash

Sep 19

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

Aug 15

H&E declares $0.275 dividend

Aug 12

H&E Q2 2022 Earnings Preview

Jul 27

H&E Equipment Services: Recent Performance Indicates Upside Potential Is On The Table

Jun 06

H&E Equipment Services (NASDAQ:HEES) Has A Pretty Healthy Balance Sheet

Apr 17

H&E Equipment: Delivering On Its Long-Term Strategy

Mar 11

These 4 Measures Indicate That H&E Equipment Services (NASDAQ:HEES) Is Using Debt Extensively

Dec 13

H&E Equipment: Catching Up With The Leader

Nov 23

H&E Equipment Services (NASDAQ:HEES) Has Affirmed Its Dividend Of US$0.28

Aug 14

H&E Equipment: Consolidation Ahead

Aug 06

Is There An Opportunity With H&E Equipment Services, Inc.'s (NASDAQ:HEES) 27% Undervaluation?

Jul 28

H&E EPS misses by $0.06, beats on revenue

Apr 27

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

Mar 30

What Is The Ownership Structure Like For H&E Equipment Services, Inc. (NASDAQ:HEES)?

Mar 09

Shareholder Returns

	HEES	US Trade Distributors	US Market
7D	-3.0%	-1.8%	-3.1%
1Y	53.7%	35.1%	15.1%

Return vs Industry: HEES exceeded the US Trade Distributors industry which returned 35.1% over the past year.

Return vs Market: HEES exceeded the US Market which returned 15.1% over the past year.

Price Volatility

Is HEES's price volatile compared to industry and market?
HEES volatility
HEES Average Weekly Movement	4.9%
Trade Distributors Industry Average Movement	4.3%
Market Average Movement	5.5%
10% most volatile stocks in US Market	14.2%
10% least volatile stocks in US Market	2.5%

Stable Share Price: HEES is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: HEES's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1961	2,375	Brad Barber	https://www.he-equipment.com

H&E Equipment Services, Inc. operates as an integrated equipment services company. The company operates in five segments: Equipment Rentals, Used Equipment Sales, New Equipment Sales, 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 Cap	US$1.52b
Earnings (TTM)	US$156.42m
Revenue (TTM)	US$1.36b

9.7x

P/E Ratio

1.1x

P/S Ratio

Is HEES overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
HEES income statement (TTM)
Revenue	US$1.36b
Cost of Revenue	US$739.12m
Gross Profit	US$620.99m
Other Expenses	US$464.57m
Earnings	US$156.42m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	4.35
Gross Margin	45.66%
Net Profit Margin	11.50%
Debt/Equity Ratio	305.1%

How did HEES perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

25%

Payout Ratio

HEES Stock Overview

Rewards

Risk Analysis

H&E Equipment Services, Inc. Competitors

NYSE:TGH

US$1.6b

NYSE:DNOW

US$1.2b

NYSE:GIC

US$1.2b

NasdaqGS:DSGR

US$1.1b

Price History & Performance

Recent News & Updates

Now 20% undervalued after recent price drop

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

Upcoming dividend of US$0.28 per share at 2.4% yield

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

H&E Equipment Services, Inc. Reports Quarterly Cash Dividend, Payable on September 15, 2023

New major risk - Earnings quality

Recent updates

Now 20% undervalued after recent price drop

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

Upcoming dividend of US$0.28 per share at 2.4% yield

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

H&E Equipment Services, Inc. Reports Quarterly Cash Dividend, Payable on September 15, 2023

New major risk - Earnings quality

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

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

H&E Equipment Services, Inc. to Report Q2, 2023 Results on Jul 27, 2023

Investor sentiment improves as stock rises 20%

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

Investor sentiment deteriorates as stock falls 17%

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

Price target decreased by 8.7% to US$61.50

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

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

Investor sentiment deteriorates as stock falls 18%

Now 22% undervalued

Independent Director recently sold US$543k worth of stock

Price target increased by 7.9% to US$63.83

Full year 2022 earnings: EPS and revenues exceed analyst expectations

H&E Equipment Services, Inc. to Report Q4, 2022 Results on Feb 22, 2023

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

H&E Equipment Services, Inc. Declares Quarterly Cash Dividend, Payable on March 10, 2023

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

Waukesha-Pearce Industries, Inc. entered into definitive agreement to acquire Komatsu earthmoving distribution business from H&E Equipment Services, Inc. (NasdaqGS:HEES).

Should You Be Adding H&E Equipment Services (NASDAQ:HEES) To Your Watchlist Today?

Upcoming dividend of US$0.28 per share

Price target increased to US$58.20

Independent Director recently sold US$612k worth of stock

H&E Equipment Services Reports Quarterly Cash Dividend Payable on December 9, 2022

Consensus EPS estimates increase by 14%

Price target increased to US$57.80

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

H&E Equipment Services, Inc. to Report Q3, 2022 Results on Oct 27, 2022

H&E Equipment Services Appoints Jacob Thomas as Director

H&E Equipment to acquire One Source Equipment Rental for $130M in cash

Upcoming dividend of US$0.28 per share

Independent Director recently sold US$350k worth of stock

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

H&E Equipment Services Reports Quarterly Cash Dividend Payable on September 9, 2022

H&E declares $0.275 dividend

Second quarter 2022 earnings: EPS exceeds analyst expectations

H&E Q2 2022 Earnings Preview

H&E Equipment Services, Inc. to Report Q2, 2022 Results on Jul 28, 2022

Independent Director recently bought US$153k worth of stock

Investor sentiment deteriorated over the past week

H&E Equipment Services: Recent Performance Indicates Upside Potential Is On The Table

Independent Director recently sold US$538k worth of stock

Upcoming dividend of US$0.28 per share

H&E Equipment Services, Inc. Announces Resignation of Lawrence Karlson as A Director

H&E Equipment Services, Inc. Declares Regular Quarterly Cash Dividend on Common Stock, Payable on June 10, 2022

Consensus EPS estimates increase by 13%

CEO & Director recently bought US$685k worth of stock

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Insufficient new directors

H&E Equipment Services, Inc. to Report Q1, 2022 Results on Apr 27, 2022

H&E Equipment Services (NASDAQ:HEES) Has A Pretty Healthy Balance Sheet

H&E EPS misses by $0.06, beats on revenue