Currently, there are 36.61M common shares owned by the public and among those 32.02M shares have been available to trade.
The company’s stock has a 5-day price change of 88.22% and 74.68% over the past three months. HEES shares are trading 84.42% year to date (YTD), with the 12-month market performance up to 86.63% higher. It has a 12-month low price of $40.92 and touched a high of $66.18 over the same period. HEES has an average intraday trading volume of 261.23K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 76.12%, 63.91%, and 76.96% respectively.
Institutional ownership of H&E Equipment Services Inc (NASDAQ: HEES) shares accounts for 79.89% of the company’s 36.61M shares outstanding.
It has a market capitalization of $3.31B and a beta (3y monthly) value of 1.86. The stock’s trailing 12-month PE ratio is 22.89, while the earnings-per-share (ttm) stands at $3.95. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.68% over the week and 3.21% over the month.
Analysts forecast that H&E Equipment Services Inc (HEES) will achieve an EPS of 0.81 for the current quarter, 0.68 for the next quarter and 3.73 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.76 while analysts give the company a high EPS estimate of 0.76. Comparatively, EPS for the current quarter was 1.47 a year ago. Earnings per share for the fiscal year are expected to decrease by -28.92%, and 12.77% over the next financial year. EPS should shrink at an annualized rate of -3.02% over the next five years, compared to 16.90% over the past 5-year period.
B. Riley Securities was of a view on December 13, 2022 that the stock is Buy, while Wells Fargo gave the stock Overweight rating on March 11, 2022, issuing a price target of $55. UBS on their part issued Buy rating on March 08, 2022.
