H&E Equipment Services Inc

Company Profile

H&E Equipment Services Inc had its IPO on 2006-01-31 under the ticker symbol HEES.

The company operates in the Industrials sector and Rental & Leasing Services industry. H&E Equipment Services Inc has a staff strength of 2,375 employees.

Stock update

Shares of H&E Equipment Services Inc opened at $43.2 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $43.2 - $44.33, and closed at $43.78.

This is a +0.85% increase from the previous day's closing price.

A total volume of 205,790 shares were traded at the close of the day’s session.

In the last one week, shares of H&E Equipment Services Inc have slipped by -6.27%.

H&E Equipment Services Inc's Key Ratios

H&E Equipment Services Inc has a market cap of $1.58 billion, indicating a price to book ratio of 4.3464 and a price to sales ratio of 1.3507.

In the last 12-months H&E Equipment Services Inc’s revenue was $1.36 billion with a gross profit of $555.16 million and an EBITDA of $281.75 million. The EBITDA ratio measures H&E Equipment Services Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, H&E Equipment Services Inc’s operating margin was 17.96% while its return on assets stood at 6.45% with a return of equity of 40.17%.

In Q2, H&E Equipment Services Inc’s quarterly earnings growth was a positive 58.7% while revenue growth was a positive 22.2%.

H&E Equipment Services Inc’s PE and PEG Ratio

Forward PE

9.4251

Trailing PE

10.0254

PEG

2.49

Its diluted EPS in the last 12-months stands at $4.33 per share while it has a forward price to earnings multiple of 9.4251 and a PEG multiple of 2.49. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into H&E Equipment Services Inc’s profitability.

H&E Equipment Services Inc stock is trading at a EV to sales ratio of 2.351 and a EV to EBITDA ratio of 5.8153. Its price to sales ratio in the trailing 12-months stood at 1.3507.

H&E Equipment Services Inc stock pays annual dividends of $1.1 per share, indicating a yield of 2.53% and a payout ratio of 25.52%.

Balance sheet and cash flow metrics

Total Assets

$2.56 billion

Total Liabilities

$270.68 million

Operating Cash Flow

$-212484000.00

Capital Expenditure

$252.57 million

Dividend Payout Ratio

25.52%

H&E Equipment Services Inc ended 2024 with $2.56 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.56 billion while shareholder equity stood at $449.90 million.

H&E Equipment Services Inc ended 2024 with $291.13 million in deferred long-term liabilities, $270.68 million in other current liabilities, 406000.00 in common stock, $265.75 million in retained earnings and $102.72 million in goodwill. Its cash balance stood at $46.90 million and cash and short-term investments were $46.90 million. The company’s total short-term debt was $1,244,637,000 while long-term debt stood at $1.37 billion.

H&E Equipment Services Inc’s total current assets stands at $503.87 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $226.60 million compared to accounts payable of $191.19 million and inventory worth $195.57 million.

In 2024, H&E Equipment Services Inc's operating cash flow was $-212484000.00 while its capital expenditure stood at $252.57 million.

Comparatively, H&E Equipment Services Inc paid $0.26 in dividends in 2024.

Other key metrics

Current Trading Price

$43.78

52-Week High

$55.7203

52-Week Low

$26.2633

Analyst Target Price

$59.5

H&E Equipment Services Inc stock is currently trading at $43.78 per share. It touched a 52-week high of $55.7203 and a 52-week low of $55.7203. Analysts tracking the stock have a 12-month average target price of $59.5.

Its 50-day moving average was $46.01 and 200-day moving average was $44.22 The short ratio stood at 1.99 indicating a short percent outstanding of 0%.

Around 1255.3% of the company’s stock are held by insiders while 7932.3% are held by institutions.