HEES RSI Chart
Last 7 days
10.8%
Last 30 days
17.5%
Last 90 days
22.7%
Trailing 12 Months
51.9%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
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 |
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 |
---|---|---|---|---|---|---|
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 | -% |
Unveiling H&E Equipment Services Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
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.
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 | 102.6B | 18.6B | 28.84 | 5.52 | ||||
CTAS | 69.6B | 9.2B | 48.64 | 7.58 | ||||
CPRT | 55.7B | 4.1B | 54.39 | 13.72 | ||||
EFX | 33.2B | 5.3B | 60.81 | 6.3 | ||||
BAH | 19.3B | 10.3B | 47.05 | 1.87 | ||||
ALLE | 11.8B | 3.7B | 21.82 | 3.23 | ||||
MID-CAP | ||||||||
RHI | 8.3B | 6.4B | 20.29 | 1.3 | ||||
AL | 5.7B | 2.7B | 9.29 | 2.13 | ||||
SRCL | 4.9B | 2.7B | -229.29 | 1.84 | ||||
ABM | 2.8B | 8.2B | 10.97 | 0.35 | ||||
SMALL-CAP | ||||||||
AZZ | 1.9B | 1.5B | 86.05 | 1.29 | ||||
ALTG | 424.8M | 1.9B | 47.73 | 0.23 | ||||
ARC | 118.5M | 281.2M | 14.39 | 0.42 | ||||
AQMS | 58.2M | 998.5K | -3.26 | 58.31 | ||||
AWX | 8.7M | 80.5M | -4.89 | 0.11 |
H&E Equipment Services Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | -3.7% | 386 | 401 | 360 | 322 | 353 | 324 | 295 | 272 | 281 | 275 | 266 | 240 | 268 | 252 | 238 | 249 | 348 | 353 | 334 | 314 | 346 |
Gross Profit | -1.1% | 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 | 123 |
S&GA Expenses | 2.3% | 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 | 73.00 |
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 Expenses | 1.3% | 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 | 17.00 |
Income Taxes | -25.3% | 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 | 10.00 |
Earnings Before Taxes | 0.4% | 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 | 35.00 |
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 Income | 9.5% | 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 | 25.00 |
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% | 101 | 120 | 71.00 | 31.00 | 87.00 | 95.00 | 52.00 | 28.00 | 48.00 | 113 | 25.00 | - | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 2.0% | 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 | 1,727 |
Cash Equivalents | 22.9% | 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 | 17.00 |
Inventory | -19.8% | 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 | 105 |
Net PPE | 12.4% | 184 | 164 | 151 | 139 | 135 | 130 | 123 | 116 | 112 | 110 | 119 | 117 | 109 | 122 | 126 | 131 | 131 | 128 | 122 | 119 | 115 |
Goodwill | 11.6% | 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 | 106 |
Liabilities | 0.2% | 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 | 1,470 |
Shareholder's Equity | 9.5% | 534 | 488 | 450 | 417 | 401 | 358 | 329 | 311 | 303 | 259 | 240 | 234 | 238 | 262 | 262 | 262 | 308 | 294 | 276 | 262 | 257 |
Retained Earnings | 14.3% | 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 | 88.00 |
Additional Paid-In Capital | 1.1% | 262 | 259 | 257 | 255 | 252 | 250 | 248 | 246 | 245 | 244 | 243 | 242 | 240 | 239 | 239 | 237 | 236 | 234 | 233 | 232 | 231 |
Accumulated Depreciation | 0.2% | 194 | 193 | 187 | 180 | 177 | 176 | 171 | 166 | 162 | 159 | 171 | 165 | 145 | 161 | 159 | 157 | 157 | 156 | 150 | 145 | 143 |
Shares Outstanding | 0.0% | 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 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -8.9% | 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 | 109,186 |
Share Based Compensation | 19.6% | 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 | 1,216 |
Cashflow From Investing | 14.4% | -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 | -39,434 |
Cashflow From Financing | 1796.9% | 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 | -58,163 |
Dividend Payments | 0.0% | 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 | 9,827 |
Buy Backs | -100.0% | - | 2,827 | - | 3,226 | 39.00 | 1,288 | - | 343 | 1.00 | 1,670 | - | 435 | 29.00 | 906 | - | 470 | 44.00 | 1,253 | - | 387 | 27.00 |
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 revenues | 784,755 | 689,355 | 647,434 | ||
Gross profit | 684,461 | 555,163 | 415,363 | ||
Selling, general and administrative expenses | 405,432 | 343,845 | 290,791 | ||
Impairment of goodwill | 5,714 | ||||
Gain from sales of property and equipment, net | 3,389 | 16,836 | 7,748 | ||
Income from operations | 276,704 | 228,154 | 132,320 | ||
Other income (expense): | |||||
Interest expense | (60,891) | (54,033) | (53,758) | ||
Other, net | 7,384 | 6,609 | 3,162 | ||
Total other expense, net | (53,507) | (47,424) | (50,596) | ||
Income from operations before provision for income taxes | 223,197 | 180,730 | 81,724 | ||
Provision for income taxes | 53,904 | 47,036 | 21,160 | ||
Net income from continuing operations | 169,293 | 133,694 | 60,564 | ||
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] | 4.66 | 3.7 | 1.66 | |
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] | 4.69 | 3.68 | 2.83 | |
Diluted | [1] | $ 4.66 | $ 3.66 | $ 2.81 | |
Weighted average common shares outstanding: | |||||
Basic | 36,100 | 35,943 | 36,261 | ||
Diluted | 36,329 | 36,089 | 36,451 | ||
Equipment Rentals [Member] | |||||
Revenues: | |||||
Revenues | $ 1,186,152 | $ 956,042 | $ 729,700 | ||
Cost of revenues: | |||||
Cost of revenues | 632,713 | 495,799 | 414,071 | ||
Equipment Rentals [Member] | Rental Depreciation [Member] | |||||
Cost of revenues: | |||||
Cost of revenues | 347,022 | 267,395 | 227,772 | ||
Equipment Rentals [Member] | Rental Expense [Member] | |||||
Cost of revenues: | |||||
Cost of revenues | 156,818 | 128,850 | 109,365 | ||
Equipment Rentals [Member] | Rentals Other [Member] | |||||
Cost of revenues: | |||||
Cost of revenues | 128,873 | 99,554 | 76,934 | ||
Sales of Rental Equipment [Member] | |||||
Revenues: | |||||
Revenues | 165,074 | 90,885 | 135,245 | ||
Cost of revenues: | |||||
Cost of revenues | 65,183 | 46,569 | 86,323 | ||
Sales of New Equipment [Member] | |||||
Revenues: | |||||
Revenues | 39,099 | 92,526 | 92,677 | ||
Cost of revenues: | |||||
Cost of revenues | 33,569 | 79,430 | 80,822 | ||
Parts, Service and Other [Member] | |||||
Revenues: | |||||
Revenues | 78,891 | 105,065 | 105,175 | ||
Cost of revenues: | |||||
Cost of revenues | $ 53,290 | $ 67,557 | $ 66,218 | ||
|
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, respectively | 247,430 | 225,294 | ||
Inventories, net of reserves for obsolescence of $207 and $54, respectively | 109,931 | 107,842 | ||
Prepaid expenses and other assets | 8,740 | 21,455 | ||
Rental equipment, net of accumulated depreciation of $990,971 and $884,740, respectively | 1,756,578 | 1,418,951 | ||
Property and equipment, net of accumulated depreciation and amortization of $193,723 and $177,017, respectively | 183,773 | 134,637 | ||
Operating lease right-of-use assets, net of accumulated amortization of $71,021 and $51,419, respectively | 176,703 | 164,566 | ||
Finance lease right-of-use assets, net of accumulated amortization of $345 and $105, respectively | 2,891 | 1,545 | ||
Deferred financing costs, net of accumulated amortization of $17,606 and $16,518, respectively | 4,609 | 758 | ||
Intangible assets, net of accumulated amortization of $25,824 and $19,369, respectively | 32,576 | 32,631 | ||
Goodwill | [1] | 108,155 | 102,690 | |
Total assets | 2,639,886 | 2,291,699 | ||
Liabilities: | ||||
Senior secured credit facility | 181,642 | |||
Accounts payable | 85,486 | 129,482 | ||
Manufacturer flooring plans payable | 2,708 | 422 | ||
Accrued expenses payable and other liabilities | 87,929 | 77,142 | ||
Dividends payable | 360 | 377 | ||
Senior unsecured notes, net of unaccreted discount of $5,807 and $6,979 and deferred financing costs of $1,341 and $1,612, respectively | 1,242,852 | 1,241,409 | ||
Operating lease liabilities | 183,775 | 169,069 | ||
Finance lease liabilities | 3,019 | 1,594 | ||
Deferred income taxes | 317,826 | 271,162 | ||
Total liabilities | 2,105,597 | 1,890,657 | ||
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, respectively | 408 | 405 | ||
Additional paid-in capital | 261,927 | 251,901 | ||
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 earnings | 347,971 | 218,700 | ||
Total stockholders’ equity | 534,289 | 401,042 | ||
Total liabilities and stockholders’ equity | $ 2,639,886 | $ 2,291,699 | ||
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