HEES RSI Chart
Last 7 days
-0.4%
Last 30 days
-26.7%
Last 90 days
-11.1%
Trailing 12 Months
39.4%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 1.5B | 0 | 0 | 0 |
2023 | 1.3B | 1.4B | 1.4B | 1.5B |
2022 | 1.1B | 1.1B | 1.2B | 1.2B |
2021 | 998.1M | 1.0B | 1.0B | 1.1B |
2020 | 1.3B | 1.2B | 1.1B | 1.0B |
2019 | 1.3B | 1.3B | 1.3B | 1.3B |
2018 | 1.1B | 1.1B | 1.2B | 1.2B |
2017 | 958.0M | 965.2M | 979.7M | 1.0B |
2016 | 1.1B | 1.0B | 1.0B | 978.1M |
2015 | 1.1B | 1.1B | 1.1B | 1.0B |
2014 | 1.0B | 1.0B | 1.1B | 1.1B |
2013 | 876.0M | 912.4M | 978.3M | 987.8M |
2012 | 759.3M | 784.0M | 804.2M | 837.3M |
2011 | 594.4M | 647.7M | 678.1M | 720.6M |
2010 | 0 | 644.5M | 609.3M | 574.2M |
2009 | 0 | 0 | 0 | 679.7M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 26, 2024 | barber bradley w | sold | -788,242 | 63.44 | -12,425 | ceo |
Mar 25, 2024 | barber bradley w | sold | -69,254 | 63.42 | -1,092 | ceo |
Mar 22, 2024 | barber bradley w | sold | -728,252 | 63.42 | -11,483 | ceo |
Mar 21, 2024 | karlson lawrence c | sold | -501,560 | 60.98 | -8,225 | - |
Mar 21, 2024 | karlson lawrence c | sold | -30,635 | 61.27 | -500 | - |
Mar 20, 2024 | barber bradley w | sold | -1,398,240 | 60.53 | -23,100 | ceo |
Mar 12, 2024 | bagley gary w | sold | -285,150 | 57.03 | -5,000 | - |
Mar 11, 2024 | bagley gary w | sold | -281,700 | 56.34 | -5,000 | - |
Mar 08, 2024 | barber bradley w | sold | -114,779 | 60.41 | -1,900 | ceo |
Mar 04, 2024 | engquist john mcdowell | acquired | 978,971 | 58.79 | 16,652 | president & coo |
Which funds bought or sold HEES recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 06, 2024 | Parallel Advisors, LLC | unchanged | - | 577 | 3,102 | -% |
May 06, 2024 | Investors Research Corp | sold off | -100 | -290,376 | - | -% |
May 06, 2024 | HighTower Advisors, LLC | reduced | -31.8 | -553,000 | 2,774,000 | -% |
May 06, 2024 | SG Americas Securities, LLC | new | - | 170,000 | 170,000 | -% |
May 06, 2024 | Quantbot Technologies LP | reduced | -74.64 | -197,701 | 89,274 | -% |
May 06, 2024 | TEACHER RETIREMENT SYSTEM OF TEXAS | reduced | -26.64 | -122,000 | 1,095,000 | 0.01% |
May 06, 2024 | ORG Partners LLC | new | - | 16,016 | 16,016 | 0.03% |
May 06, 2024 | Wealthspire Advisors, LLC | added | 5.17 | 518,959 | 2,308,040 | 0.03% |
May 06, 2024 | LSV ASSET MANAGEMENT | unchanged | - | 309,000 | 1,675,000 | -% |
May 03, 2024 | Avantax Planning Partners, Inc. | reduced | -12.56 | 16,225 | 239,841 | 0.01% |
Unveiling H&E Equipment Services Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to H&E Equipment Services Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
ADP | 100.3B | 18.9B | 27.12 | 5.3 | ||||
CTAS | 70.3B | 9.4B | 46.74 | 7.47 | ||||
CPRT | 53.8B | 4.1B | 39.65 | 13.25 | ||||
EFX | 29.3B | 5.4B | 52.46 | 5.47 | ||||
BAH | 19.6B | 10.3B | 47.98 | 1.9 | ||||
ALLE | 10.9B | 3.6B | 20.1 | 3 | ||||
MID-CAP | ||||||||
RHI | 7.3B | 6.2B | 20.81 | 1.19 | ||||
AL | 5.3B | 2.7B | 9.12 | 1.96 | ||||
SRCL | 4.4B | 2.6B | -225.16 | 1.66 | ||||
ABM | 2.8B | 8.2B | 10.88 | 0.34 | ||||
SMALL-CAP | ||||||||
AZZ | 1.9B | 2.7B | 18.84 | 0.71 | ||||
ALTG | 387.8M | 1.9B | 43.57 | 0.21 | ||||
ARC | 114.2M | 281.2M | 13.87 | 0.41 | ||||
AQMS | 54.9M | 1.1M | -2.29 | 49.78 | ||||
AWX | 8.3M | 80.5M | -4.62 | 0.1 |
H&E Equipment Services Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -3.7% | 371 | 386 | 401 | 360 | 322 | 353 | 324 | 295 | 272 | 281 | 275 | 266 | 240 | 268 | 252 | 238 | 249 | 348 | 353 | 334 | 314 |
Gross Profit | -11.5% | 165 | 186 | 188 | 168 | 141 | 159 | 152 | 132 | 112 | 118 | 114 | 100 | 83.00 | 83.00 | 88.00 | 92.00 | 105 | 72.00 | 132 | 125 | 114 |
S&GA Expenses | 7.2% | 114 | 107 | 104 | 99.00 | 95.00 | 94.00 | 88.00 | 83.00 | 78.00 | 78.00 | 74.00 | 71.00 | 68.00 | 60.00 | 65.00 | 68.00 | 80.00 | 53.00 | 77.00 | 78.00 | 79.00 |
EBITDA Margin | -0.9% | 0.21* | 0.22* | 0.22* | 0.22* | 0.21* | 0.21* | 0.19* | 0.18* | 0.17* | 0.15* | 0.10* | 0.09* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 12.3% | 18.00 | 16.00 | 16.00 | 15.00 | 14.00 | 14.00 | 14.00 | 14.00 | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 | 15.00 | 15.00 | 16.00 | 16.00 | 17.00 | 17.00 | 17.00 | 17.00 |
Income Taxes | -27.8% | 9.00 | 13.00 | 17.00 | 15.00 | 9.00 | 18.00 | 13.00 | 10.00 | 6.00 | 8.00 | 8.00 | 5.00 | 1.00 | -8.71 | 3.00 | 3.00 | -10.34 | -0.98 | 10.00 | 8.00 | 5.00 |
Earnings Before Taxes | -47.0% | 35.00 | 66.00 | 66.00 | 56.00 | 35.00 | 69.00 | 51.00 | 38.00 | 22.00 | 29.00 | 33.00 | 17.00 | 3.00 | -28.94 | 11.00 | 6.00 | -48.32 | 27.00 | 39.00 | 31.00 | 19.00 |
EBT Margin | -3.0% | 0.15* | 0.15* | 0.16* | 0.16* | 0.15* | 0.15* | 0.12* | 0.11* | 0.09* | 0.08* | 0.02* | 0.00* | - | - | - | - | - | - | - | - | - |
Net Income | -51.6% | 26.00 | 54.00 | 49.00 | 41.00 | 26.00 | 51.00 | 38.00 | 26.00 | 16.00 | 22.00 | 25.00 | 12.00 | 2.00 | -21.33 | 8.00 | 4.00 | -37.43 | 22.00 | 28.00 | 23.00 | 14.00 |
Net Income Margin | -3.1% | 0.11* | 0.12* | 0.12* | 0.12* | 0.11* | 0.11* | 0.09* | 0.08* | 0.07* | 0.06* | 0.02* | 0.00* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -56.0% | 44.00 | 101 | 120 | 71.00 | 31.00 | 87.00 | 95.00 | 52.00 | 28.00 | 48.00 | 113 | 25.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 4.5% | 2,758 | 2,640 | 2,589 | 2,560 | 2,423 | 2,292 | 2,219 | 2,172 | 2,123 | 2,080 | 2,051 | 2,016 | 2,054 | 1,980 | 1,731 | 1,779 | 1,881 | 1,975 | 2,069 | 2,060 | 2,006 |
Cash Equivalents | 6.8% | 9.00 | 9.00 | 7.00 | 47.00 | 90.00 | 81.00 | 220 | 279 | 352 | 357 | 235 | 202 | 323 | 311 | 12.00 | 6.00 | 12.00 | 14.00 | 11.00 | 7.00 | 6.00 |
Inventory | -8.5% | 101 | 110 | 137 | 196 | 195 | 108 | 117 | 122 | 103 | 75.00 | 66.00 | 128 | 156 | 42.00 | 73.00 | 79.00 | 106 | 85.00 | 107 | 128 | 142 |
Net PPE | 18.5% | 218 | 184 | 164 | 151 | 139 | 135 | 130 | 123 | 116 | 112 | 110 | 119 | 117 | 109 | 122 | 126 | 131 | 131 | 128 | 122 | 119 |
Goodwill | 16.1% | 126 | 108 | 97.00 | 103 | 103 | 103 | 40.00 | 63.00 | 63.00 | 63.00 | 63.00 | 69.00 | 69.00 | 63.00 | 69.00 | 69.00 | 69.00 | 119 | 144 | 144 | 142 |
Liabilities | 4.8% | 2,207 | 2,106 | 2,101 | 2,110 | 2,006 | 1,891 | 1,861 | 1,844 | 1,812 | 1,777 | 1,791 | 1,775 | 1,821 | 1,742 | 1,470 | 1,517 | 1,619 | 1,667 | 1,775 | 1,785 | 1,744 |
Shareholder's Equity | 3.1% | 551 | 534 | 488 | 450 | 417 | 401 | 358 | 329 | 311 | 303 | 259 | 240 | 234 | 238 | 262 | 262 | 262 | 308 | 294 | 276 | 262 |
Retained Earnings | 4.6% | 364 | 348 | 305 | 266 | 235 | 219 | 178 | 149 | 133 | 127 | 84.00 | 64.00 | 58.00 | 64.00 | 88.00 | 88.00 | 89.00 | 136 | 124 | 105 | 93.00 |
Additional Paid-In Capital | 1.4% | 266 | 262 | 259 | 257 | 255 | 252 | 250 | 248 | 246 | 245 | 244 | 243 | 242 | 240 | 239 | 239 | 237 | 236 | 234 | 233 | 232 |
Accumulated Depreciation | 3.2% | 200 | 194 | 193 | 187 | 180 | 177 | 176 | 171 | 166 | 162 | 159 | 171 | 165 | 145 | 161 | 159 | 157 | 157 | 156 | 150 | 145 |
Shares Outstanding | 0.2% | 37.00 | 36.00 | 36.00 | 36.00 | 36.00 | 36.00 | 36.00 | 36.00 | 36.00 | 36.00 | 36.00 | 36.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | 1,664 | - | - | - | 1,048 | - | - | - | 1,202 | - | - | - | 664 | - | - | - | 1,041 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -35.4% | 83,350 | 128,981 | 141,592 | 91,685 | 43,225 | 102,036 | 107,013 | 65,704 | 38,485 | 57,508 | 121,605 | 33,544 | 46,915 | 68,923 | 56,627 | 126,004 | 34,462 | 111,611 | 72,655 | 95,884 | 39,068 |
Share Based Compensation | 39.2% | 3,788 | 2,722 | 2,275 | 2,039 | 2,990 | 2,348 | 1,926 | 1,311 | 1,678 | 832 | 1,057 | 942 | 1,601 | 1,067 | 639 | 1,004 | 1,652 | 1,610 | 1,037 | 835 | 1,188 |
Cashflow From Investing | 9.2% | -142,289 | -156,726 | -183,121 | -212,484 | -56,431 | -230,051 | -154,085 | -128,702 | -33,699 | 74,703 | -77,388 | -143,605 | -24,685 | 10,315 | 9,589 | -4,895 | 6,082 | -10,746 | -79,010 | -102,759 | -133,388 |
Cashflow From Financing | 102.9% | 59,515 | 29,326 | 1,546 | 77,756 | 21,821 | -11,134 | -11,280 | -9,968 | -10,285 | -9,939 | -11,680 | -9,997 | -10,567 | 219,647 | -60,470 | -127,298 | -42,351 | -97,214 | 10,250 | 7,134 | 84,085 |
Dividend Payments | 0.1% | 10,029 | 10,022 | 10,024 | 10,004 | 9,989 | 9,985 | 9,985 | 9,944 | 9,942 | 9,939 | 9,944 | 9,932 | 9,933 | 9,927 | 9,927 | 9,878 | 9,863 | 9,858 | 9,860 | 9,838 | 9,832 |
Buy Backs | - | 3,390 | - | 2,827 | - | 3,226 | 39.00 | 1,288 | - | 343 | 1.00 | 1,670 | - | 435 | 29.00 | 906 | - | 470 | 44.00 | 1,253 | - | 387 |
Condensed Consolidated Statements of Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Revenues: | ||
Revenues | $ 371,357 | $ 322,482 |
Cost of revenues: | ||
Cost of revenues | 206,492 | 181,104 |
Gross profit | 164,865 | 141,378 |
Selling, general and administrative expenses | 114,278 | 95,335 |
Gain on sales of property and equipment, net | 1,433 | 667 |
Income from operations | 52,020 | 46,710 |
Other income (expense): | ||
Interest expense | (18,366) | (13,697) |
Other, net | 1,552 | 1,716 |
Total other expense, net | (16,814) | (11,981) |
Income before provision for income taxes | 35,206 | 34,729 |
Provision for income taxes | 9,317 | 9,055 |
Net income | $ 25,889 | $ 25,674 |
Net income per common share: | ||
Basic | $ 0.72 | $ 0.71 |
Diluted | $ 0.71 | $ 0.71 |
Weighted average common shares outstanding: | ||
Basic | 36,196 | 36,025 |
Diluted | 36,562 | 36,352 |
Equipment Rentals [Member] | ||
Revenues: | ||
Revenues | $ 295,325 | $ 262,008 |
Cost of revenues: | ||
Cost of revenues | 167,428 | 147,714 |
Equipment Rentals [Member] | Rental Depreciation [Member] | ||
Cost of revenues: | ||
Cost of revenues | 91,398 | 81,872 |
Equipment Rentals [Member] | Rental Expense [Member] | ||
Cost of revenues: | ||
Cost of revenues | 43,407 | 37,867 |
Equipment Rentals [Member] | Rentals Other [Member] | ||
Cost of revenues: | ||
Cost of revenues | 32,623 | 27,975 |
Sales of Rental Equipment [Member] | ||
Revenues: | ||
Revenues | 48,115 | 32,115 |
Cost of revenues: | ||
Cost of revenues | 17,829 | 13,288 |
Sales of New Equipment [Member] | ||
Revenues: | ||
Revenues | 10,412 | 7,818 |
Cost of revenues: | ||
Cost of revenues | 8,639 | 6,781 |
Parts, Service and Other [Member] | ||
Revenues: | ||
Revenues | 17,505 | 20,541 |
Cost of revenues: | ||
Cost of revenues | $ 12,596 | $ 13,321 |
Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 | ||
---|---|---|---|---|
ASSETS | ||||
Cash and cash equivalents | $ 9,076 | $ 8,500 | ||
Receivables, net of allowance for doubtful accounts of $7,335 and $7,126, respectively | 243,935 | 247,430 | ||
Inventories, net of reserves for obsolescence of $144 and $207, respectively | 100,566 | 109,931 | ||
Prepaid expenses and other assets | 19,208 | 8,740 | ||
Rental equipment, net of accumulated depreciation of $996,630 and $990,971, respectively | 1,781,505 | 1,756,578 | ||
Property and equipment, net of accumulated depreciation and amortization of $200,000 and $193,723, respectively | 217,705 | 183,773 | ||
Operating lease right-of-use assets, net of accumulated amortization of $76,696 and $71,021, respectively | 186,339 | 176,703 | ||
Finance lease right-of-use assets, net of accumulated amortization of $432 and $345, respectively | 2,805 | 2,891 | ||
Deferred financing costs, net of accumulated amortization of $17,888 and $17,606, respectively | 4,327 | 4,609 | ||
Intangible assets, net of accumulated depreciation and amortization of $28,311 and $25,824, respectively | 66,689 | 32,576 | ||
Goodwill | [1] | 125,591 | 108,155 | |
Total assets | 2,757,746 | 2,639,886 | ||
Liabilities: | ||||
Senior secured credit facility | 254,637 | 181,642 | ||
Accounts payable | 84,585 | 85,486 | ||
Manufacturer flooring plans payable | 2,014 | 2,708 | ||
Accrued expenses payable and other liabilities | 94,855 | 87,929 | ||
Dividends payable | 231 | 360 | ||
Senior unsecured notes, net of unaccreted discount of $5,514 and $5,807 and deferred financing costs of $1,273 and $1,341, respectively | 1,243,213 | 1,242,852 | ||
Operating lease liabilities | 201,471 | 183,775 | ||
Finance lease liabilities | 2,958 | 3,019 | ||
Deferred income taxes | 323,104 | 317,826 | ||
Total liabilities | 2,207,068 | 2,105,597 | ||
Commitments and Contingencies | ||||
Stockholders' equity: | ||||
Preferred stock, $0.01 par value, 25,000,000 shares authorized; no shares issued | ||||
Common stock, $0.01 par value, 175,000,000 shares authorized; 40,960,811 and 40,823,375 shares issued at March 31, 2024 and December 31, 2023, respectively, and 36,528,962 and 36,449,188 shares outstanding at March 31, 2024 and December 31, 2023, respectively | 410 | 408 | ||
Additional paid-in capital | 265,715 | 261,927 | ||
Treasury stock at cost, 4,431,849 and 4,374,187 shares of common stock held at March 31, 2024 and December 31, 2023, respectively | (79,407) | (76,017) | ||
Retained earnings | 363,960 | 347,971 | ||
Total stockholders’ equity | 550,678 | 534,289 | ||
Total liabilities and stockholders’ equity | $ 2,757,746 | $ 2,639,886 | ||
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