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H&E Equipment Services, Inc is a rental & leasing services business based in the US. H-and-E Equipment Services shares (HEES) are listed on the NASDAQ and all prices are listed in US Dollars. H-and-E Equipment Services employs 2,432 staff and has a trailing 12-month revenue of around USD$1.3 billion.
Since the stock market crash in March caused by coronavirus, H-and-E Equipment Services's share price has had significant positive movement.
Its last market close was USD$27.32, which is 1.68% up on its pre-crash value of USD$26.86 and 199.56% up on the lowest point reached during the March crash when the shares fell as low as USD$9.12.
If you had bought USD$1,000 worth of H-and-E Equipment Services shares at the start of February 2020, those shares would have been worth USD$402.08 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$994.99.
|Latest market close||USD$27.32|
|52-week range||USD$9.12 - USD$37.85|
|50-day moving average||USD$20.9974|
|200-day moving average||USD$18.1881|
|Wall St. target price||USD$24.5|
|Dividend yield||USD$1.1 (4.75%)|
|Earnings per share (TTM)||USD$0.617|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-11-19)||-0.18%|
|1 month (2020-10-26)||23.73%|
|3 months (2020-08-26)||34.18%|
|6 months (2020-05-26)||57.19%|
|1 year (2019-11-26)||-19.48%|
|2 years (2018-11-26)||25.49%|
|3 years (2017-11-24)||-24.26%|
|5 years (2015-11-25)||38.19%|
Valuing H-and-E Equipment Services stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of H-and-E Equipment Services's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
H-and-E Equipment Services's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 37x. In other words, H-and-E Equipment Services shares trade at around 37x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
H-and-E Equipment Services's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.49. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into H-and-E Equipment Services's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
H-and-E Equipment Services's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$190 million.
The EBITDA is a measure of a H-and-E Equipment Services's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$1.3 billion|
|Operating margin TTM||12.35%|
|Gross profit TTM||USD$499.2 million|
|Return on assets TTM||5.09%|
|Return on equity TTM||8.26%|
|Market capitalisation||USD$829.9 million|
TTM: trailing 12 months
There are currently 1.0 million H-and-E Equipment Services shares held short by investors – that's known as H-and-E Equipment Services's "short interest". This figure is 5% down from 1.1 million last month.
There are a few different ways that this level of interest in shorting H-and-E Equipment Services shares can be evaluated.
H-and-E Equipment Services's "short interest ratio" (SIR) is the quantity of H-and-E Equipment Services shares currently shorted divided by the average quantity of H-and-E Equipment Services shares traded daily (recently around 310969.87951807). H-and-E Equipment Services's SIR currently stands at 3.32. In other words for every 100,000 H-and-E Equipment Services shares traded daily on the market, roughly 3320 shares are currently held short.
However H-and-E Equipment Services's short interest can also be evaluated against the total number of H-and-E Equipment Services shares, or, against the total number of tradable H-and-E Equipment Services shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case H-and-E Equipment Services's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 H-and-E Equipment Services shares in existence, roughly 30 shares are currently held short) or 0.0325% of the tradable shares (for every 100,000 tradable H-and-E Equipment Services shares, roughly 33 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against H-and-E Equipment Services.
Find out more about how you can short H-and-E Equipment Services stock.
Dividend payout ratio: 48.89% of net profits
Recently H-and-E Equipment Services has paid out, on average, around 48.89% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.75% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), H-and-E Equipment Services shareholders could enjoy a 4.75% return on their shares, in the form of dividend payments. In H-and-E Equipment Services's case, that would currently equate to about $1.1 per share.
While H-and-E Equipment Services's payout ratio might seem fairly standard, it's worth remembering that H-and-E Equipment Services may be investing much of the rest of its net profits in future growth.
H-and-E Equipment Services's most recent dividend payout was on 11 September 2020. The latest dividend was paid out to all shareholders who bought their shares by 27 August 2020 (the "ex-dividend date").
Over the last 12 months, H-and-E Equipment Services's shares have ranged in value from as little as $9.12 up to $37.85. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while H-and-E Equipment Services's is 2.4038. This would suggest that H-and-E Equipment Services's shares are significantly more volatile than the average for this exchange and represent a higher risk.
H&E Equipment Services, Inc. operates as an integrated equipment services company. The company operates in five segments: Equipment Rentals, New Equipment Sales, Used Equipment Sales, Parts Sales, and Repair and Maintenance Services. It rents, sells, and provides parts and support services for hi-lift or aerial work platform equipment, cranes, earthmoving equipment, and industrial lift trucks. The company offers heavy construction and industrial equipment for rent on a daily, weekly, and monthly basis. As of December 31, 2018, its rental fleet consisted of 43,939 pieces of equipment. The company also sells new and used equipment, as well as parts; and provides maintenance and repair services for the customers' owned equipment. In addition, it offers ancillary equipment support activities, including transportation, hauling, parts shipping, and loss damage waivers. The company serves industrial and commercial companies, construction contractors, manufacturers, public utilities, municipalities, maintenance contractors, and various other industrial account customers. As of March 2, 2020, it had a network of 94 locations throughout the Pacific Northwest, West Coast, Intermountain, Southwest, Gulf Coast, Southeast, and Mid-Atlantic regions of the United States. H&E Equipment Services, Inc. was founded in 1961 and is headquartered in Baton Rouge, Louisiana.
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