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HEES

HEES - H&E Equipment Services Inc Stock Price, Fair Value and News

48.22USD+0.15 (+0.31%)Delayed as of 08 May 2024, 01:55 pm ET

Market Summary

HEES
USD48.22+0.15
Delayedas of 08 May 2024, 01:55 pm
0.31%

HEES Stock Price

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HEES RSI Chart

HEES Valuation

Market Cap

1.8B

Price/Earnings (Trailing)

10.36

Price/Sales (Trailing)

1.16

EV/EBITDA

5.35

Price/Free Cashflow

5.24

HEES Price/Sales (Trailing)

HEES Profitability

EBT Margin

14.73%

Return on Equity

30.78%

Return on Assets

6.15%

Free Cashflow Yield

19.08%

HEES Fundamentals

HEES Revenue

Revenue (TTM)

1.5B

Rev. Growth (Yr)

15.16%

Rev. Growth (Qtr)

-3.75%

HEES Earnings

Earnings (TTM)

169.5M

Earnings Growth (Yr)

0.84%

Earnings Growth (Qtr)

-51.63%

Breaking Down HEES Revenue

52 Week Range

34.7350.36
(Low)(High)

Last 7 days

-0.4%

Last 30 days

-26.7%

Last 90 days

-11.1%

Trailing 12 Months

39.4%

How does HEES drawdown profile look like?

HEES Financial Health

HEES Investor Care

Dividend Yield

2.29%

Dividend/Share (TTM)

1.1

Shares Dilution (1Y)

0.40%

Diluted EPS (TTM)

4.67

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20241.5B000
20231.3B1.4B1.4B1.5B
20221.1B1.1B1.2B1.2B
2021998.1M1.0B1.0B1.1B
20201.3B1.2B1.1B1.0B
20191.3B1.3B1.3B1.3B
20181.1B1.1B1.2B1.2B
2017958.0M965.2M979.7M1.0B
20161.1B1.0B1.0B978.1M
20151.1B1.1B1.1B1.0B
20141.0B1.0B1.1B1.1B
2013876.0M912.4M978.3M987.8M
2012759.3M784.0M804.2M837.3M
2011594.4M647.7M678.1M720.6M
20100644.5M609.3M574.2M
2009000679.7M
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Tracking the Latest Insider Buys and Sells of H&E Equipment Services Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Which funds bought or sold HEES recently?

View All Details
Datesorted ascendingFund NameType% 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%

1–10 of 46

Are Funds Buying or Selling HEES?

Are funds buying HEES calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own HEES
No. of Funds

Unveiling H&E Equipment Services Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
macquarie group ltd
6.35%
2,315,573
SC 13G
Feb 13, 2024
vanguard group inc
10.44%
3,804,017
SC 13G/A
Feb 09, 2024
clearbridge investments, llc
6.9%
2,522,898
SC 13G/A
Jan 25, 2024
blackrock inc.
8.3%
3,029,562
SC 13G/A
Jan 05, 2024
engquist john
6.7%
2,456,579
SC 13G/A
Apr 10, 2023
vanguard group inc
10.25%
3,728,120
SC 13G/A
Feb 10, 2023
clearbridge investments, llc
7.1%
2,560,719
SC 13G/A
Feb 09, 2023
vanguard group inc
9.65%
3,502,945
SC 13G/A
Jan 31, 2023
blackrock inc.
7.2%
2,596,710
SC 13G/A
Jan 12, 2023
engquist john
6.7%
2,434,258
SC 13G/A

Recent SEC filings of H&E Equipment Services Inc

View All Filings
Date Filed Form Type Document
Apr 30, 2024
10-Q
Quarterly Report
Apr 30, 2024
8-K
Current Report
Apr 11, 2024
8-K
Current Report
Apr 02, 2024
ARS
ARS
Apr 02, 2024
DEF 14A
DEF 14A
Apr 02, 2024
DEFA14A
DEFA14A
Mar 26, 2024
4
Insider Trading
Mar 21, 2024
4
Insider Trading
Mar 21, 2024
4
Insider Trading
Mar 21, 2024
144
Notice of Insider Sale Intent

Peers (Alternatives to H&E Equipment Services Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
100.3B
18.9B
0.11% 14.39%
27.12
5.3
7.08% 13.46%
70.3B
9.4B
2.80% 50.48%
46.74
7.47
9.34% 15.98%
53.8B
4.1B
-1.08% 40.87%
39.65
13.25
10.52% 25.37%
29.3B
5.4B
-7.58% 18.00%
52.46
5.47
5.76% -4.95%
19.6B
10.3B
3.10% 65.53%
47.98
1.9
13.90% -5.05%
10.9B
3.6B
-6.04% 15.52%
20.1
3
4.33% 10.69%
MID-CAP
7.3B
6.2B
-7.07% 4.18%
20.81
1.19
-13.83% -42.32%
5.3B
2.7B
-5.44% 27.24%
9.12
1.96
15.08% 16.51%
4.4B
2.6B
-8.57% 7.98%
-225.16
1.66
-3.11% -123.81%
2.8B
8.2B
0.27% 4.61%
10.88
0.34
3.98% 33.49%
SMALL-CAP
1.9B
2.7B
-2.99% 111.86%
18.84
0.71
104.63% 188.16%
387.8M
1.9B
-8.23% -12.51%
43.57
0.21
19.40% -4.30%
114.2M
281.2M
0.74% -1.09%
13.87
0.41
-1.68% -25.77%
54.9M
1.1M
-27.94% -56.25%
-2.29
49.78
336.95% -55.13%
8.3M
80.5M
-3.03% -16.10%
-4.62
0.1
-0.82% -207.00%

H&E Equipment Services Inc News

Latest updates
Yahoo Singapore News • 41 hours ago
Yahoo New Zealand News • 06 May 2024 • 05:53 am
Yahoo New Zealand News • 04 May 2024 • 11:44 pm
Insider Monkey • 02 May 2024 • 04:14 pm
Simply Wall St • 02 May 2024 • 12:29 pm
Seeking Alpha • 01 May 2024 • 11:30 am

H&E Equipment Services Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-3.7%371386401360322353324295272281275266240268252238249348353334314
Gross Profit-11.5%16518618816814115915213211211811410083.0083.0088.0092.0010572.00132125114
  S&GA Expenses7.2%11410710499.0095.0094.0088.0083.0078.0078.0074.0071.0068.0060.0065.0068.0080.0053.0077.0078.0079.00
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 Expenses12.3%18.0016.0016.0015.0014.0014.0014.0014.0013.0013.0013.0013.0013.0015.0015.0016.0016.0017.0017.0017.0017.00
Income Taxes-27.8%9.0013.0017.0015.009.0018.0013.0010.006.008.008.005.001.00-8.713.003.00-10.34-0.9810.008.005.00
Earnings Before Taxes-47.0%35.0066.0066.0056.0035.0069.0051.0038.0022.0029.0033.0017.003.00-28.9411.006.00-48.3227.0039.0031.0019.00
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%26.0054.0049.0041.0026.0051.0038.0026.0016.0022.0025.0012.002.00-21.338.004.00-37.4322.0028.0023.0014.00
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%44.0010112071.0031.0087.0095.0052.0028.0048.0011325.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets4.5%2,7582,6402,5892,5602,4232,2922,2192,1722,1232,0802,0512,0162,0541,9801,7311,7791,8811,9752,0692,0602,006
    Cash Equivalents6.8%9.009.007.0047.0090.0081.0022027935235723520232331112.006.0012.0014.0011.007.006.00
  Inventory-8.5%10111013719619510811712210375.0066.0012815642.0073.0079.0010685.00107128142
  Net PPE18.5%218184164151139135130123116112110119117109122126131131128122119
  Goodwill16.1%12610897.0010310310340.0063.0063.0063.0063.0069.0069.0063.0069.0069.0069.00119144144142
Liabilities4.8%2,2072,1062,1012,1102,0061,8911,8611,8441,8121,7771,7911,7751,8211,7421,4701,5171,6191,6671,7751,7851,744
Shareholder's Equity3.1%551534488450417401358329311303259240234238262262262308294276262
  Retained Earnings4.6%36434830526623521917814913312784.0064.0058.0064.0088.0088.0089.0013612410593.00
  Additional Paid-In Capital1.4%266262259257255252250248246245244243242240239239237236234233232
Accumulated Depreciation3.2%200194193187180177176171166162159171165145161159157157156150145
Shares Outstanding0.2%37.0036.0036.0036.0036.0036.0036.0036.0036.0036.0036.0036.00---------
Float----1,664---1,048---1,202---664---1,041-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-35.4%83,350128,981141,59291,68543,225102,036107,01365,70438,48557,508121,60533,54446,91568,92356,627126,00434,462111,61172,65595,88439,068
  Share Based Compensation39.2%3,7882,7222,2752,0392,9902,3481,9261,3111,6788321,0579421,6011,0676391,0041,6521,6101,0378351,188
Cashflow From Investing9.2%-142,289-156,726-183,121-212,484-56,431-230,051-154,085-128,702-33,69974,703-77,388-143,605-24,68510,3159,589-4,8956,082-10,746-79,010-102,759-133,388
Cashflow From Financing102.9%59,51529,3261,54677,75621,821-11,134-11,280-9,968-10,285-9,939-11,680-9,997-10,567219,647-60,470-127,298-42,351-97,21410,2507,13484,085
  Dividend Payments0.1%10,02910,02210,02410,0049,9899,9859,9859,9449,9429,9399,9449,9329,9339,9279,9279,8789,8639,8589,8609,8389,832
  Buy Backs-3,390-2,827-3,22639.001,288-3431.001,670-43529.00906-47044.001,253-387
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HEES Income Statement

2024-03-31
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 revenues206,492181,104
Gross profit164,865141,378
Selling, general and administrative expenses114,27895,335
Gain on sales of property and equipment, net1,433667
Income from operations52,02046,710
Other income (expense):  
Interest expense(18,366)(13,697)
Other, net1,5521,716
Total other expense, net(16,814)(11,981)
Income before provision for income taxes35,20634,729
Provision for income taxes9,3179,055
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:  
Basic36,19636,025
Diluted36,56236,352
Equipment Rentals [Member]  
Revenues:  
Revenues$ 295,325$ 262,008
Cost of revenues:  
Cost of revenues167,428147,714
Equipment Rentals [Member] | Rental Depreciation [Member]  
Cost of revenues:  
Cost of revenues91,39881,872
Equipment Rentals [Member] | Rental Expense [Member]  
Cost of revenues:  
Cost of revenues43,40737,867
Equipment Rentals [Member] | Rentals Other [Member]  
Cost of revenues:  
Cost of revenues32,62327,975
Sales of Rental Equipment [Member]  
Revenues:  
Revenues48,11532,115
Cost of revenues:  
Cost of revenues17,82913,288
Sales of New Equipment [Member]  
Revenues:  
Revenues10,4127,818
Cost of revenues:  
Cost of revenues8,6396,781
Parts, Service and Other [Member]  
Revenues:  
Revenues17,50520,541
Cost of revenues:  
Cost of revenues$ 12,596$ 13,321

HEES Balance Sheet

2024-03-31
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, respectively243,935247,430
Inventories, net of reserves for obsolescence of $144 and $207, respectively100,566109,931
Prepaid expenses and other assets19,2088,740
Rental equipment, net of accumulated depreciation of $996,630 and $990,971, respectively1,781,5051,756,578
Property and equipment, net of accumulated depreciation and amortization of $200,000 and $193,723, respectively217,705183,773
Operating lease right-of-use assets, net of accumulated amortization of $76,696 and $71,021, respectively186,339176,703
Finance lease right-of-use assets, net of accumulated amortization of $432 and $345, respectively2,8052,891
Deferred financing costs, net of accumulated amortization of $17,888 and $17,606, respectively4,3274,609
Intangible assets, net of accumulated depreciation and amortization of $28,311 and $25,824, respectively66,68932,576
Goodwill[1]125,591108,155
Total assets2,757,7462,639,886
Liabilities:  
Senior secured credit facility254,637181,642
Accounts payable84,58585,486
Manufacturer flooring plans payable2,0142,708
Accrued expenses payable and other liabilities94,85587,929
Dividends payable231360
Senior unsecured notes, net of unaccreted discount of $5,514 and $5,807 and deferred financing costs of $1,273 and $1,341, respectively1,243,2131,242,852
Operating lease liabilities201,471183,775
Finance lease liabilities2,9583,019
Deferred income taxes323,104317,826
Total liabilities2,207,0682,105,597
Commitments and Contingencies
Stockholders' equity:  
Preferred stock, $0.01 par value, 25,000,000 shares authorized; no shares issued
Common stock, $0.01 par value, 175,000,000 shares authorized; 40,960,811 and 40,823,375 shares issued at March 31, 2024 and December 31, 2023, respectively, and 36,528,962 and 36,449,188 shares outstanding at March 31, 2024 and December 31, 2023, respectively410408
Additional paid-in capital265,715261,927
Treasury stock at cost, 4,431,849 and 4,374,187 shares of common stock held at March 31, 2024 and December 31, 2023, respectively(79,407)(76,017)
Retained earnings363,960347,971
Total stockholders’ equity550,678534,289
Total liabilities and stockholders’ equity$ 2,757,746$ 2,639,886
[1]The total carrying amount of goodwill as of December 31, 2022 in the table above is reflected net of $92.7 million of accumulated impairment charges. The total carrying amount of goodwill as of December 31, 2023 and March 31, 2024 in the table above is reflected net of $98.4 million of accumulated impairment charges.
HEES
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. The Used Equipment Sales segment sells used equipment from its rental fleet, as well as inventoried equipment that are acquired through trade-ins from equipment customers. The New Equipment Sales segment sells new construction equipment through a professional sales force. The Parts Sales segment sells parts for the equipment customers, as well as offers for its rental fleet. The Repair and Maintenance Services segment provides maintenance and repair services to its rental fleet and equipment customers, as well as offers ongoing preventative maintenance services to industrial customers. It also provides ancillary equipment support activities, including transportation, hauling, parts shipping, and loss damage waivers. The company's rental fleet consists of aerial work platforms, cranes, earthmoving and material handling equipment, and other general and specialty lines. It serves industrial and commercial companies, construction contractors, manufacturers, public utilities, municipalities, maintenance contractors, and various other industrial account customers. H&E Equipment Services, Inc. was founded in 1961 and is headquartered in Baton Rouge, Louisiana.
 CEO
 WEBSITEhe-equipment.com
 INDUSTRYInformation Technology Services
 EMPLOYEES2375

H&E Equipment Services Inc Frequently Asked Questions


What is the ticker symbol for H&E Equipment Services Inc? What does HEES stand for in stocks?

HEES is the stock ticker symbol of H&E Equipment Services Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of H&E Equipment Services Inc (HEES)?

As of Tue May 07 2024, market cap of H&E Equipment Services Inc is 1.76 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of HEES stock?

You can check HEES's fair value in chart for subscribers.

What is the fair value of HEES stock?

You can check HEES's fair value in chart for subscribers. The fair value of H&E Equipment Services Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of H&E Equipment Services Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for HEES so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is H&E Equipment Services Inc a good stock to buy?

The fair value guage provides a quick view whether HEES is over valued or under valued. Whether H&E Equipment Services Inc is cheap or expensive depends on the assumptions which impact H&E Equipment Services Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for HEES.

What is H&E Equipment Services Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, HEES's PE ratio (Price to Earnings) is 10.36 and Price to Sales (PS) ratio is 1.16. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. HEES PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on H&E Equipment Services Inc's stock?

In the past 10 years, H&E Equipment Services Inc has provided 0.069 (multiply by 100 for percentage) rate of return.