27-Mar-2024
Oppenheimer: S&P 500 top might not come until 2025; spotlights infrastructure stocks
Seeking Alpha News (Mon, 25-Mar 11:19 AM ET)
H&E Equipment Services, Inc. Reports Fourth Quarter and Full Year 2023 Results
Business Wire (Thu, 22-Feb 7:00 AM ET)
H&E Equipment Services Announces 2023 Fourth Quarter Earnings and Conference Call Date
Globe Newswire (Thu, 15-Feb 11:00 AM ET)
H&E Equipment Services Reports Quarterly Cash Dividend
Business Wire (Fri, 9-Feb 11:00 AM ET)
H&E Equipment Services, Inc. Completes Acquisition of Precision Rentals
Business Wire (Tue, 2-Jan 4:05 PM ET)
H&E Equipment Services Inc is an integrated equipment services company. It is focused on heavy construction and industrial equipment. It rents, sells, and provides parts and services support for four core categories of equipment including hi-lift or aerial work platform equipment, cranes, earthmoving equipment, and industrial lift trucks. It engages in five principal business activities: equipment rentals; new equipment sales; sales of rental equipment; parts sales; and services. The majority of its revenue is derived from the equipment rentals segment.
H&E Equipment Servs trades on the NASDAQ stock market under the symbol HEES.
As of March 27, 2024, HEES stock price climbed to $64.62 with 130,922 million shares trading.
HEES has a beta of 1.76, meaning it tends to be more sensitive to market movements. HEES has a correlation of 0.30 to the broad based SPY ETF.
HEES has a market cap of $2.36 billion. This is considered a Mid Cap stock.
Last quarter H&E Equipment Servs reported $386 million in Revenue and $1.47 earnings per share. This beat revenue expectation by $3 million and exceeded earnings estimates by $.25.
In the last 3 years, HEES stock traded as high as $64.67 and as low as $26.12.
The top ETF exchange traded funds that HEES belongs to (by Net Assets): VTI, IWM, VB, AVUV, VBR.
HEES has outperformed the market in the last year with a price return of +55.5% while the SPY ETF gained +33.9%. HEES has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +20.9% and +12.5%, respectively, while the SPY returned +10.3% and +1.5%, respectively.
HEES support price is $61.76 and resistance is $64.30 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HEES stock will trade within this expected range on the day.