H&E Equipment Services
HEES

$43.37

2.63%

Market Cap: $1.58B

About: H&E Equipment Services Inc is an integrated equipment services company. It is focused on heavy construction and industrial equipment. It rents, sells, and provides parts and services support for four core categories of equipment including hi-lift or aerial work platform equipment, cranes, earthmoving equipment, and industrial lift trucks. It engages in five principal business activities: equipment rentals; new equipment sales; sales of rental equipment; parts sales; and services. The majority of its revenue is derived from the equipment rentals segment.

Employees: 2,765

Industrials Miscellaneous Equipment Rental & Leasing

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

34% more repeat investments, than reductions

Existing positions increased: 79 | Existing positions reduced: 59

3% more call options, than puts

Call options by funds: $2.15M | Put options by funds: $2.09M

0% more funds holding

Funds holding: 213 [Q1] → 213 (+0) [Q2]

0% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 53

1.71% less ownership

Funds ownership: 78.76% [Q1] → 77.04% (-1.71%) [Q2]

33% less capital invested

Capital invested by funds: $1.84B [Q1] → $1.24B (-$599M) [Q2]

75% less funds holding in top 10

Funds holding in top 10: 4 [Q1] → 1 (-3) [Q2]

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Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$60

38%

upside

Avg. target

$61

41%

upside

High target

$62

43%

upside

2 analyst ratings

2 positive

100%

0 neutral

0%

0 negative

0%

UBS Steven Fisher 68% 1-year accuracy 15 / 22 met price target	38%upside $60	Buy Maintained	14 Aug 2024
Stifel Stanley Elliott 47% 1-year accuracy 28 / 60 met price target	43%upside $62	Buy Maintained	31 Jul 2024

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Financial journalist opinion

H&E Equipment Services Reports Quarterly Cash Dividend

BATON ROUGE, La., Aug. 13, 2024 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc. (NASDAQ: HEES) announced that its Board of Directors declared a regular quarterly cash dividend on August 12, 2024, to be paid to its stockholders. The Company announced a quarterly cash dividend of $0.275 per share of common stock to be paid on September 13, 2024, for stockholders of record as of the close of business on August 28, 2024.

H&E Equipment Services Reports Quarterly Cash Dividend

H&E Equipment Services, Inc. (HEES) Q2 2024 Earnings Call Transcript

H&E Equipment Services, Inc. (NASDAQ:HEES ) Q2 2024 Earnings Call Transcript July 30, 2024 10:00 AM ET Company Participants Jeff Chastain - VP of IR Brad Barber - CEO Leslie Magee - CFO and Corporate Secretary John Engquist - President and COO Conference Call Participants Tim Thein - Raymond James Sherif El-Sabbahy - Bank of America Stanley Elliott - Stifel Steven Ramsey - Thompson Research Group Avi Jaroslawicz - UBS Alex Rygiel - B. Riley Sean Wondrack - Deutsche Bank Operator Good morning, and welcome to the H&E Equipment Services Second Quarter 2024 Earnings Conference Call.

H&E Equipment Services, Inc. (HEES) Q2 2024 Earnings Call Transcript

Zacks Investment Research

H&E Equipment (HEES) Q2 Earnings and Revenues Miss Estimates

H&E Equipment (HEES) came out with quarterly earnings of $0.91 per share, missing the Zacks Consensus Estimate of $1 per share. This compares to earnings of $1.14 per share a year ago.

H&E Equipment (HEES) Q2 Earnings and Revenues Miss Estimates

H&E Equipment Services, Inc. Reports Second Quarter 2024 Results

BATON ROUGE, La., July 30, 2024 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”, the “Company”) today reported financial results for the second quarter ended June 30, 2024, including further expansion of its branch network which now extends to 31 states.

H&E Equipment Services, Inc. Reports Second Quarter 2024 Results

Investors Who Lost Money on H&E Equipment Services, Inc. Should Contact Levi & Korsinsky About an Ongoing Investigation - HEES

NEW YORK, NY / ACCESSWIRE / July 26, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of H&E Equipment Services, Inc. ("H&E") (NASDAQ:HEES) concerning possible violations of federal securities laws. On February 22, 2024, H&E released its Q4-2023 earnings in which the Company's officers presented an "optimistic" outlook for the Company's financials in 2024.

Investors Who Lost Money on H&E Equipment Services, Inc. Should Contact Levi & Korsinsky About an Ongoing Investigation - HEES

Shareholder Rights Advocates at Levi & Korsinsky Investigate H&E Equipment Services, Inc. (HEES) Regarding Possible Securities Fraud Violations

NEW YORK, NY / ACCESSWIRE / July 25, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of H&E Equipment Services, Inc. ("H&E") (NASDAQ:HEES) concerning possible violations of federal securities laws. On February 22, 2024, H&E released its Q4-2023 earnings in which the Company's officers presented an "optimistic" outlook for the Company's financials in 2024.

Shareholder Rights Advocates at Levi & Korsinsky Investigate H&E Equipment Services, Inc. (HEES) Regarding Possible Securities Fraud Violations

H&E Being Investigated on Behalf of H&E Equipment Services, Inc. Investors. Contact Levi & Korsinsky For Details

NEW YORK, NY / ACCESSWIRE / July 24, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of H&E Equipment Services, Inc. ("H&E") (NASDAQ:HEES) concerning possible violations of federal securities laws. On February 22, 2024, H&E released its Q4-2023 earnings in which the Company's officers presented an "optimistic" outlook for the Company's financials in 2024.

H&E Being Investigated on Behalf of H&E Equipment Services, Inc. Investors. Contact Levi & Korsinsky For Details

H&E Equipment Services Announces 2024 Second Quarter Earnings and Conference Call Date

BATON ROUGE, La., July 23, 2024 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc., (“H&E”) (NASDAQ: HEES) today announced that it will release its 2024 second quarter financial results before the market on Tuesday, July 30, 2024. The Company will also hold a conference call to discuss second quarter results on Tuesday, July 30, 2024, at 10:00 a.m. (Eastern Time). To listen to the call, participants should dial 844-887-9400 approximately 10 minutes prior to the start of the call. A telephonic replay will become available after 1:00 p.m. (Eastern Time) on July 30, 2024, and will continue through August 6, 2024, by dialing 877-344-7529 and entering the confirmation code 4716329.

H&E Equipment Services Announces 2024 Second Quarter Earnings and Conference Call Date

H&E Equipment Services, Inc. Investigation Ongoing: Contact Levi & Korsinsky About Potential Securities Fraud Allegations - HEES

NEW YORK, NY / ACCESSWIRE / July 23, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of H&E Equipment Services, Inc. ("H&E") (NASDAQ:HEES) concerning possible violations of federal securities laws. On February 22, 2024, H&E released its Q4-2023 earnings in which the Company's officers presented an "optimistic" outlook for the Company's financials in 2024.

H&E Equipment Services, Inc. Investigation Ongoing: Contact Levi & Korsinsky About Potential Securities Fraud Allegations - HEES

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

H&E Equipment Services, Inc. is an equipment rental company in the U.S. with a strong presence in the industrially active Sun Belt region. Secular growth tailwinds from infrastructure spending and HEES' subsequent margin growth had added an est. $47K in NOPAT per employee since FY'21. Valuations are compressed with scope for multiples expansion and repricing into the $60s.

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

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