H&E Equipment Services Inc (HEES) Shares on the Rise: Short-term Analysis

At the time of writing, H&E Equipment Services Inc [HEES] stock is trading at $100.57, up 14.86%. 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 15.86% over the last week, with a monthly amount glided 13.32%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

H&E Equipment Services Inc [NASDAQ: HEES] stock has seen the most recent analyst activity on January 17, 2025, when UBS downgraded its rating to a Neutral and also boosted its price target to $92 from $60. On June 28, 2024, Raymond James initiated with a Mkt Perform rating. B. Riley Securities started tracking the stock assigning a Buy rating and suggested a price target of $53 on December 13, 2022. Wells Fargo initiated its recommendation with a Overweight and recommended $55 as its price target on March 11, 2022. UBS upgraded its rating to Buy for this stock on March 08, 2022, and upped its price target to $48. In a note dated November 20, 2020, BofA Securities upgraded an Buy rating on this stock but restated the target price of $35.

For the past year, the stock price of H&E Equipment Services Inc fluctuated between $40.92 and $90.66. Currently, Wall Street analysts expect the stock to reach $58 within the next 12 months. H&E Equipment Services Inc [NASDAQ: HEES] shares were valued at $100.57 at the most recent close of the market. An investor can expect a potential drop of -42.33% based on the average HEES price forecast.

Analyzing the HEES fundamentals

According to H&E Equipment Services Inc [NASDAQ:HEES], the company’s sales were 1.52B for trailing twelve months, which represents an -3.95% plunge. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.25 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.95.

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 98.31 points at the first support level, and at 96.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 102.05, and for the 2nd resistance point, it is at 103.52.

Ratios To Look Out For

It is important to note that H&E Equipment Services Inc [NASDAQ:HEES] has a current ratio of 1.56. In addition, the Quick Ratio stands at 1.45 and the Cash Ratio stands at 0.06. Considering the valuation of this stock, the price to sales ratio is 2.42, the price to book ratio is 6.17 and price to earnings (TTM) ratio is 25.49.

Transactions by insiders

Recent insider trading involved Barber Bradley W, CEO, that happened on Mar 26 ’24 when 12425.0 shares were sold. CEO, Barber Bradley W completed a deal on Mar 22 ’24 to sell 11483.0 shares. Meanwhile, CEO Barber Bradley W sold 1092.0 shares on Mar 25 ’24.

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