Is H&E Equipment Services Inc (NASDAQ: HEES) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NASDAQ-listed company operates within the Rental & Leasing Services industry segment, falling under the Industrials sector. The current market capitalization of H&E Equipment Services Inc is $3.27B. A total of 0.67 million shares were traded on the day, compared to an average of 600.03K shares.

In the most recent transaction, Barber Bradley W sold 12,425 shares of HEES for 63.44 per share on Mar 26 ’24. After the transaction, the CEO now owns 196,653 company shares. In a previous transaction on Mar 22 ’24, Barber Bradley W sold 11,483 shares at 63.42 per share. HEES shares that CEO owns now total 210,170.

Among the insiders who sold shares, Barber Bradley W disposed of 1,092 shares on Mar 25 ’24 at a per-share price of $63.42. This resulted in the CEO holding 209,078 shares of HEES after the transaction. In another insider transaction, KARLSON LAWRENCE C sold 8,225 shares at $60.98 per share on Mar 21 ’24. Company shares held by the Director now total 47,172.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. H&E Equipment Services Inc pays an annual dividend of $1.10, resulting in a dividend yield of 1.23%, and it has a price to earnings (P/E) ratio of 22.68. HEES’s most recent ex-dividend date was 2% when it declared a $0.2750 quarterly dividend that was paid in cash on 11/29/2024. Previously, the company paid the dividend on 8/28/2024 with an ex-dividend date of 2.45%. The HEES stock dividend was $0.2750 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, HEES has a high of $90.66 and a low of $40.92.

As of this writing, HEES has an earnings estimate of $0.79 per share for the current quarter. EPS was calculated based on a consensus of 4.0 estimates, with a high estimate of $0.82 per share and a lower estimate of $0.76.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. HEES’s latest balance sheet shows that the firm has $357.30M in Cash & Short Term Investments as of fiscal 2021. There were $1.40B in debt and $176.33M in liabilities at the time. Its Book Value Per Share was $16.31, while its Total Shareholder’s Equity was $303.38M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for HEES is Buy with a score of 3.50.

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