What is the stock price trajectory of H&E Equipment Services Inc. (HEES)?

Currently, H&E Equipment Services Inc. [HEES] is trading at $42.53, down -0.16%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The HEES shares have gain 3.15% over the last week, with a monthly amount glided 34.16%, and seem to be holding up well over a long-time horizon.

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On 14, November 2022, H&E Equipment Services Reports Quarterly Cash Dividend. In a post published today on Yahoo Finance, H&E Equipment Services, Inc. (NASDAQ: HEES) today announced that its Board of Directors declared a regular quarterly cash dividend on November 11, 2022, to be paid to its stockholders. The Company announced a quarterly cash dividend of $0.275 per share of common stock to be paid on December 9, 2022, for stockholders of record as of the close of business on November 28, 2022.

From an analyst’s perspective:

H&E Equipment Services Inc. [NASDAQ: HEES] stock has seen the most recent analyst activity on March 11, 2022, when Wells Fargo initiated its Overweight rating and assigned the stock a price target of $55. Previously, UBS upgraded its rating to Buy on March 08, 2022, and elevated its price target to $48. On November 20, 2020, upgrade upgraded it’s rating to Buy but maintained its price target of $35 on the stock. BofA/Merrill downgraded its rating to a Underperform but stick to its price target of $14 on April 13, 2020. BofA/Merrill downgraded its rating to a Neutral. BofA/Merrill reiterated a Buy rating for this stock on April 29, 2019, and upped its price target to $35. In a note dated March 29, 2019, Longbow initiated an Buy rating and iterated a target price of $34 on this stock.

This stock has fluctuated between a low of $26.12 and a high of $48.06 over the last 52 weeks. H&E Equipment Services Inc. [NASDAQ: HEES] shares were valued at $42.53 at the most recent close of the market.

Analyzing the HEES fundamentals

Recent quarter sales for H&E Equipment Services Inc. [NASDAQ:HEES] were 324.28 billion which represents 17.80% growth. Gross Margin for this corporation currently stands at +34.90% with Operating Margin at +11.78%, Pretax Margin comes in at +7.69%, and Net Margin reading is +5.70%.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 42.02 points at the first support level, and at 41.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 42.88, and for the 2nd resistance point, it is at 43.24.

H&E Equipment Services Inc. [HEES] reported earnings per share of $1.05 for its fiscal quarter that ended on 9/29/2022. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.82/share, meaning a difference of $0.23 and a surprise factor of 28.00%. By comparison, the stated earnings for the previous quarter ended on 6/29/2022 were $0.76 per share as compared to estimates of $0.56 per share, a difference of $0.2 representing a surprise of 35.70%.

Ratios To Look Out For

In addition, the Quick Ratio stands at 2.62 and the Cash Ratio stands at 1.75. Considering the valuation of this stock, the price to sales ratio is 1.52, the price to book ratio is 5.27 and the P/E (TTM) ratio is 14.91.

Transactions by insiders

Recent insider trading involved Bagley Gary W, Director, that happened on Nov 10 when 8042.0 shares were sold. Director, Bagley Gary W completed a deal on Nov 09 to sell 6958.0 shares. Meanwhile, Director Bagley Gary W sold 10000.0 shares on Aug 12.