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How to buy H-and-E Equipment Services stock

Own H-and-E Equipment Services stock in just a few minutes.

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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$1.2 billion.

How to buy shares in H-and-E Equipment Services

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for H-and-E Equipment Services. Find the stock by name or ticker symbol: HEES. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until H-and-E Equipment Services reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of H-and-E Equipment Services, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of H-and-E Equipment Services. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

H-and-E Equipment Services share price

Use our graph to track the performance of HEES stocks over time.

H-and-E Equipment Services shares at a glance

Information last updated 2021-02-23.
52-week rangeUSD$8.7715 - USD$32.75
50-day moving average USD$30.3038
200-day moving average USD$25.3862
Wall St. target priceUSD$32.67
PE ratio 264.8148
Dividend yield USD$1.1 (3.65%)
Earnings per share (TTM) USD$0.108

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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.

Is it a good time to buy H-and-E Equipment Services stock?

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.

Is H-and-E Equipment Services under- or over-valued?

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 P/E ratio

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 265x. In other words, H-and-E Equipment Services shares trade at around 265x 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 PEG ratio

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

H-and-E Equipment Services's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$146.9 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.

H-and-E Equipment Services financials

Revenue TTM USD$1.2 billion
Operating margin TTM 9.7%
Gross profit TTM USD$402.5 million
Return on assets TTM 3.58%
Return on equity TTM -11.97%
Profit margin -2.79%
Book value $6.698
Market capitalisation USD$1.1 billion

TTM: trailing 12 months

Shorting H-and-E Equipment Services shares

There are currently 790,797 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 12.8% down from 907,143 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)

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 201220.61068702). H-and-E Equipment Services's SIR currently stands at 3.93. In other words for every 100,000 H-and-E Equipment Services shares traded daily on the market, roughly 3930 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 0.02% of the outstanding shares (for every 100,000 H-and-E Equipment Services shares in existence, roughly 20 shares are currently held short) or 0.0248% of the tradable shares (for every 100,000 tradable H-and-E Equipment Services shares, roughly 25 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.

H-and-E Equipment Services share dividends

90%

Dividend payout ratio: 89.9% of net profits

Recently H-and-E Equipment Services has paid out, on average, around 89.9% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.85% 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 3.85% 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.

H-and-E Equipment Services's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

H-and-E Equipment Services's most recent dividend payout was on 12 March 2021. The latest dividend was paid out to all shareholders who bought their shares by 25 February 2021 (the "ex-dividend date").

H-and-E Equipment Services share price volatility

Over the last 12 months, H-and-E Equipment Services's shares have ranged in value from as little as $8.7715 up to $32.75. A popular way to gauge a stock's volatility is its "beta".

HEES.US volatility(beta: 2.31)Avg. volatility(beta: 1.00)LowHigh

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 2.3058. 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-and-E Equipment Services overview

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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