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HEES

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

64.18USD-0.44 (-0.68%)Market Closed

Market Summary

HEES
USD64.18-0.44
Market Closed
-0.68%

HEES Alerts

  • 3 major insider sales recently.

HEES Stock Price

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HEES RSI Chart

HEES Valuation

Market Cap

2.3B

Price/Earnings (Trailing)

13.82

Price/Sales (Trailing)

1.59

EV/EBITDA

7.31

Price/Free Cashflow

7.28

HEES Price/Sales (Trailing)

HEES Profitability

EBT Margin

15.19%

Return on Equity

31.69%

Return on Assets

6.41%

Free Cashflow Yield

13.74%

HEES Fundamentals

HEES Revenue

Revenue (TTM)

1.5B

Rev. Growth (Yr)

9.26%

Rev. Growth (Qtr)

-3.72%

HEES Earnings

Earnings (TTM)

169.3M

Earnings Growth (Yr)

4.64%

Earnings Growth (Qtr)

9.5%

Breaking Down HEES Revenue

Last 7 days

10.8%

Last 30 days

17.5%

Last 90 days

22.7%

Trailing 12 Months

51.9%

How does HEES drawdown profile look like?

HEES Financial Health

HEES Investor Care

Dividend Yield

1.71%

Dividend/Share (TTM)

1.1

Shares Dilution (1Y)

0.39%

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
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

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
Mar 22, 2024
PNC FINANCIAL SERVICES GROUP, INC.
reduced
-7.17
7,062
63,693
-%
Mar 21, 2024
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND
added
128
1,221,200
1,912,240
0.01%
Mar 11, 2024
VANGUARD GROUP INC
added
1.38
36,960,400
199,026,000
-%
Mar 05, 2024
Fisher Asset Management, LLC
reduced
-0.42
1,453,910
8,499,280
-%
Mar 04, 2024
RICHARDSON FINANCIAL SERVICES INC.
new
-
7,116
7,116
0.01%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
83.79
20,409,200
37,049,900
-%
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
reduced
-0.4
143,199
836,701
-%
Feb 20, 2024
Quarry LP
reduced
-57.27
-12,041
12,923
-%
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
added
4.45
212,000
1,009,000
-%
Feb 16, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
reduced
-3.93
5,967
40,967
-%

1–10 of 48

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
Mar 26, 2024
4
Insider Trading
Mar 21, 2024
144
Notice of Insider Sale Intent
Mar 21, 2024
4
Insider Trading
Mar 21, 2024
4
Insider Trading
Mar 13, 2024
4
Insider Trading
Mar 12, 2024
4
Insider Trading
Mar 08, 2024
144
Notice of Insider Sale Intent
Mar 08, 2024
144
Notice of Insider Sale Intent
Mar 06, 2024
4
Insider Trading
Mar 06, 2024
4
Insider Trading

What is the Fair Value of HEES?

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>

Cheap
or
Expensive?


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.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks

Peers (Alternatives to H&E Equipment Services Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
102.6B
18.6B
-2.40% 16.63%
28.84
5.52
7.76% 13.08%
69.6B
9.2B
8.52% 57.45%
48.64
7.58
9.76% 11.34%
55.7B
4.1B
12.73% 62.15%
54.39
13.72
10.52% -5.36%
33.2B
5.3B
0.58% 35.40%
60.81
6.3
2.79% -21.68%
19.3B
10.3B
-0.32% 63.32%
47.05
1.87
13.90% -5.05%
11.8B
3.7B
4.35% 33.91%
21.82
3.23
11.58% 17.98%
MID-CAP
8.3B
6.4B
-1.04% 6.13%
20.29
1.3
-11.68% -37.51%
5.7B
2.7B
28.70% 40.47%
9.29
2.13
15.87% 733.47%
4.9B
2.7B
4.68% 28.59%
-229.29
1.84
-1.68% -137.70%
2.8B
8.2B
9.85% 2.74%
10.97
0.35
3.98% 33.49%
SMALL-CAP
1.9B
1.5B
6.02% 99.15%
86.05
1.29
41.33% 169.51%
424.8M
1.9B
8.73% -15.64%
47.73
0.23
19.40% -4.30%
118.5M
281.2M
3.36% -13.98%
14.39
0.42
-1.68% -25.77%
58.2M
998.5K
8.00% -46.53%
-3.26
58.31
370.99% -10.61%
8.7M
80.5M
-5.11% -17.41%
-4.89
0.11
-0.82% -207.79%

H&E Equipment Services Inc News

Latest updates
MarketBeat • 4 hours ago
MarketBeat • 26 Mar 2024 • 09:19 pm
Investing.com • 21 Mar 2024 • 08:56 pm
Simply Wall St • 15 Mar 2024 • 10:46 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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-3.7%386401360322353324295272281275266240268252238249348353334314346
Gross Profit-1.1%18618816814115915213211211811410083.0083.0088.0092.0010572.00132125114123
  S&GA Expenses2.3%10710499.0095.0094.0088.0083.0078.0078.0074.0071.0068.0060.0065.0068.0080.0053.0077.0078.0079.0073.00
EBITDA Margin-1.8%0.22*0.22*0.22*0.21*0.21*0.19*0.18*0.17*0.15*0.10*0.09*----------
Interest Expenses1.3%16.0016.0015.0014.0014.0014.0014.0013.0013.0013.0013.0013.0015.0015.0016.0016.0017.0017.0017.0017.0017.00
Income Taxes-25.3%13.0017.0015.009.0018.0013.0010.006.008.008.005.001.00-8.713.003.00-10.34-0.9810.008.005.0010.00
Earnings Before Taxes0.4%66.0066.0056.0035.0069.0051.0038.0022.0029.0033.0017.003.00-28.9411.006.00-48.3227.0039.0031.0019.0035.00
EBT Margin-3.4%0.15*0.16*0.16*0.15*0.15*0.12*0.11*0.09*0.08*0.02*0.00*----------
Net Income9.5%54.0049.0041.0026.0051.0038.0026.0016.0022.0025.0012.002.00-21.338.004.00-37.4322.0028.0023.0014.0025.00
Net Income Margin-0.8%0.12*0.12*0.12*0.11*0.11*0.09*0.08*0.07*0.06*0.02*0.00*----------
Free Cashflow-15.9%10112071.0031.0087.0095.0052.0028.0048.0011325.00----------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets2.0%2,6402,5892,5602,4232,2922,2192,1722,1232,0802,0512,0162,0541,9801,7311,7791,8811,9752,0692,0602,0061,727
    Cash Equivalents22.9%9.007.0047.0090.0081.0022027935235723520232331112.006.0012.0014.0011.007.006.0017.00
  Inventory-19.8%11013719619510811712210375.0066.0012815642.0073.0079.0010685.00107128142105
  Net PPE12.4%184164151139135130123116112110119117109122126131131128122119115
  Goodwill11.6%10897.0010310310340.0063.0063.0063.0063.0069.0069.0063.0069.0069.0069.00119144144142106
Liabilities0.2%2,1062,1012,1102,0061,8911,8611,8441,8121,7771,7911,7751,8211,7421,4701,5171,6191,6671,7751,7851,7441,470
Shareholder's Equity9.5%534488450417401358329311303259240234238262262262308294276262257
  Retained Earnings14.3%34830526623521917814913312784.0064.0058.0064.0088.0088.0089.0013612410593.0088.00
  Additional Paid-In Capital1.1%262259257255252250248246245244243242240239239237236234233232231
Accumulated Depreciation0.2%194193187180177176171166162159171165145161159157157156150145143
Shares Outstanding0.0%36.0036.0036.0036.0036.0036.0036.0036.0036.0036.0036.00----------
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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-8.9%128,981141,59291,68543,225102,036107,01365,70438,48557,508121,60533,54446,91568,92356,627126,00434,462111,61172,65595,88439,068109,186
  Share Based Compensation19.6%2,7222,2752,0392,9902,3481,9261,3111,6788321,0579421,6011,0676391,0041,6521,6101,0378351,1881,216
Cashflow From Investing14.4%-156,726-183,121-212,484-56,431-230,051-154,085-128,702-33,69974,703-77,388-143,605-24,68510,3159,589-4,8956,082-10,746-79,010-102,759-133,388-39,434
Cashflow From Financing1796.9%29,3261,54677,75621,821-11,134-11,280-9,968-10,285-9,939-11,680-9,997-10,567219,647-60,470-127,298-42,351-97,21410,2507,13484,085-58,163
  Dividend Payments0.0%10,02210,02410,0049,9899,9859,9859,9449,9429,9399,9449,9329,9339,9279,9279,8789,8639,8589,8609,8389,8329,827
  Buy Backs-100.0%-2,827-3,22639.001,288-3431.001,670-43529.00906-47044.001,253-38727.00

HEES Income Statement

2023-12-31
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:   
Revenues$ 1,469,216$ 1,244,518$ 1,062,797
Cost of revenues:   
Cost of revenues784,755689,355647,434
Gross profit684,461555,163415,363
Selling, general and administrative expenses405,432343,845290,791
Impairment of goodwill5,714  
Gain from sales of property and equipment, net3,38916,8367,748
Income from operations276,704228,154132,320
Other income (expense):   
Interest expense(60,891)(54,033)(53,758)
Other, net7,3846,6093,162
Total other expense, net(53,507)(47,424)(50,596)
Income from operations before provision for income taxes223,197180,73081,724
Provision for income taxes53,90447,03621,160
Net income from continuing operations169,293133,69460,564
Discontinued Operations:   
Income (loss) from discontinued operations before provision for income taxes (2,049)55,948
Provision (benefit) for income taxes (525)13,972
Net income (loss) from discontinued operations (1,524)41,976
Net income$ 169,293$ 132,170$ 102,540
Net income from continuing operations per common share:   
Basic[1]$ 4.69$ 3.72$ 1.67
Diluted[1]4.663.71.66
Net income (loss) from discontinued operations per common share:   
Basic (0.04)1.16
Diluted (0.04)1.15
Net income per common share:   
Basic[1]4.693.682.83
Diluted[1]$ 4.66$ 3.66$ 2.81
Weighted average common shares outstanding:   
Basic36,10035,94336,261
Diluted36,32936,08936,451
Equipment Rentals [Member]   
Revenues:   
Revenues$ 1,186,152$ 956,042$ 729,700
Cost of revenues:   
Cost of revenues632,713495,799414,071
Equipment Rentals [Member] | Rental Depreciation [Member]   
Cost of revenues:   
Cost of revenues347,022267,395227,772
Equipment Rentals [Member] | Rental Expense [Member]   
Cost of revenues:   
Cost of revenues156,818128,850109,365
Equipment Rentals [Member] | Rentals Other [Member]   
Cost of revenues:   
Cost of revenues128,87399,55476,934
Sales of Rental Equipment [Member]   
Revenues:   
Revenues165,07490,885135,245
Cost of revenues:   
Cost of revenues65,18346,56986,323
Sales of New Equipment [Member]   
Revenues:   
Revenues39,09992,52692,677
Cost of revenues:   
Cost of revenues33,56979,43080,822
Parts, Service and Other [Member]   
Revenues:   
Revenues78,891105,065105,175
Cost of revenues:   
Cost of revenues$ 53,290$ 67,557$ 66,218
[1]Because of the method used in calculating per share data, the summations may not necessarily total to the per share data computed for the total company due to rounding.

HEES Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Assets  
Cash and cash equivalents$ 8,500$ 81,330
Receivables, net of allowance for doubtful accounts of $7,126 and $6,637, respectively247,430225,294
Inventories, net of reserves for obsolescence of $207 and $54, respectively109,931107,842
Prepaid expenses and other assets8,74021,455
Rental equipment, net of accumulated depreciation of $990,971 and $884,740, respectively1,756,5781,418,951
Property and equipment, net of accumulated depreciation and amortization of $193,723 and $177,017, respectively183,773134,637
Operating lease right-of-use assets, net of accumulated amortization of $71,021 and $51,419, respectively176,703164,566
Finance lease right-of-use assets, net of accumulated amortization of $345 and $105, respectively2,8911,545
Deferred financing costs, net of accumulated amortization of $17,606 and $16,518, respectively4,609758
Intangible assets, net of accumulated amortization of $25,824 and $19,369, respectively32,57632,631
Goodwill[1]108,155102,690
Total assets2,639,8862,291,699
Liabilities:  
Senior secured credit facility181,642 
Accounts payable85,486129,482
Manufacturer flooring plans payable2,708422
Accrued expenses payable and other liabilities87,92977,142
Dividends payable360377
Senior unsecured notes, net of unaccreted discount of $5,807 and $6,979 and deferred financing costs of $1,341 and $1,612, respectively1,242,8521,241,409
Operating lease liabilities183,775169,069
Finance lease liabilities3,0191,594
Deferred income taxes317,826271,162
Total liabilities2,105,5971,890,657
Commitments and Contingencies (Note 13)
Stockholders’ equity:  
Preferred stock, $0.01 par value, 25,000,000 shares authorized; no shares issued
Common stock, $0.01 par value, 175,000,000 shares authorized; 40,823,375 and 40,567,876 shares issued at December 31, 2023 and December 31, 2022, respectively, and 36,449,188 and 36,309,321 shares outstanding at December 31, 2023 and December 31, 2022, respectively408405
Additional paid-in capital261,927251,901
Treasury stock at cost, 4,374,187 and 4,258,555 shares of common stock held at December 31, 2023 and December 31, 2022, respectively(76,017)(69,964)
Retained earnings347,971218,700
Total stockholders’ equity534,289401,042
Total liabilities and stockholders’ equity$ 2,639,886$ 2,291,699
[1]The total carrying amount of goodwill as of December 31, 2021 and 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 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
 WEBSITEwww.he-equipment.com
 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 Thu Mar 28 2024, market cap of H&E Equipment Services Inc is 2.34 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 Thu Mar 28 2024, HEES's PE ratio (Price to Earnings) is 13.82 and Price to Sales (PS) ratio is 1.59. 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 0.084 (multiply by 100 for percentage) rate of return.