H&E Equipment ServicesHEES
HEES
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
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
164% more call options, than puts
Call options by funds: $5.88M | Put options by funds: $2.23M
26% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 35
11% more capital invested
Capital invested by funds: $1.26B [Q2] → $1.4B (+$140M) [Q3]
4% more funds holding
Funds holding: 213 [Q2] → 222 (+9) [Q3]
0.62% more ownership
Funds ownership: 78.23% [Q2] → 78.85% (+0.62%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
20% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 82
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$60
19%
upside
Avg. target
$60
19%
upside
High target
$60
19%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
B. Riley Securities Alex Rygiel 49% 1-year accuracy 17 / 35 met price target | 19%upside $60 | Buy Reiterated | 30 Oct 2024 |
Financial journalist opinion
Positive
Seeking Alpha
6 days ago
H&E Equipment Services: Earnings Understate Cash Production
HEES is well-positioned to grow sales by 7-8% annually until FY'26E in my view. Competitive advantages include high capital turnover, modest margins, and efficient cash conversion, sustaining current earnings growth. Management's strategic investments and expansion plans, coupled with attractive valuations, support a $65-$70/share target.
Positive
MarketBeat
1 week ago
3 Best Industrials Sector Picks for Long-Term Investors in 2025
The industrials sector has been in a period of contraction for most of 2023 and 2024, with sharply mixed performance among different companies during that time. Some firms have thrived, like power management giant Eaton Corp. plc NYSE: ETN, with its nearly 50% returns in the year leading to December 13, 2024.
Neutral
GlobeNewsWire
1 month ago
H&E Rentals Reports Quarterly Cash Dividend
BATON ROUGE, La., Nov. 15, 2024 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”, the “Company”, d/b/a "H&E Rentals") announced that its Board of Directors declared a regular quarterly cash dividend on November 15, 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 December 13, 2024, for stockholders of record as of the close of business on November 29, 2024.
Neutral
Seeking Alpha
1 month ago
H&E Equipment Services, Inc. (HEES) Q3 2024 Earnings Call Transcript
H&E Equipment Services, Inc. (NASDAQ:HEES ) Q3 2024 Earnings Conference Call October 29, 2024 10:00 AM ET Company Participants Jeff Chastain - VP, IR Bradley Barber - CEO Leslie Magee - CFO & Corporate Secretary John Engquist - President & COO Conference Call Participants Steven Fisher - UBS Steven Ramsey - Thompson Research Group Timothy Thein - Raymond James Alex Rygiel - B. Riley Katherine Fleischer - KeyBanc Capital Markets Operator Good morning, and welcome to H&E Equipment Services Third Quarter 2024 Earnings Conference Call.
Negative
Zacks Investment Research
1 month ago
H&E Equipment (HEES) Q3 Earnings and Revenues Lag Estimates
H&E Equipment (HEES) came out with quarterly earnings of $0.85 per share, missing the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $1.46 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
H&E Rentals Reports Third Quarter 2024 Results
BATON ROUGE, La., Oct. 29, 2024 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”, the “Company”, d/b/a "H&E Rentals") today reported financial results for the third quarter ended September 30, 2024. The report includes the Company's branch expansion achievements, with the addition of eight new locations in the third quarter, expanding the Company's branch network to 157 locations across 32 states.
Neutral
GlobeNewsWire
2 months ago
CORRECTION: H&E Rentals Announces 2024 Third Quarter Earnings and Conference Call Date
BATON ROUGE, La., Oct. 22, 2024 (GLOBE NEWSWIRE) -- In the release issued under the same headline on Tuesday, October 22nd, by H&E Equipment Services, Inc. (NASDAQ: HEES) ("H&E", the "Company", d/b/a "H&E Rentals"), please note in the first sentence of the second paragraph, the date for the live broadcast should be October 29th, not July 30th. The corrected release follows:
Neutral
GlobeNewsWire
2 months ago
H&E Rentals Announces 2024 Third Quarter Earnings and Conference Call Date
BATON ROUGE, La., Oct. 22, 2024 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”, the “Company”, d/b/a “H&E Rentals”) today announced that it will release its 2024 third quarter financial results before the market on Tuesday, October 29, 2024. The Company will also hold a conference call to discuss third quarter results on Tuesday, October 29, 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 October 29, 2024, and will continue through November 12, 2024, by dialing 877-344-7529 and entering the confirmation code 3897091.
Neutral
GlobeNewsWire
4 months ago
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.
Neutral
Seeking Alpha
4 months ago
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.
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