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Industrials - Rental & Leasing Services - NASDAQ - US
$ 92.15
-0.999 %
$ 3.37 B
Market Cap
27.34
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one HEES stock under the worst case scenario is HIDDEN Compared to the current market price of 92.2 USD, H&E Equipment Services, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one HEES stock under the base case scenario is HIDDEN Compared to the current market price of 92.2 USD, H&E Equipment Services, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one HEES stock under the best case scenario is HIDDEN Compared to the current market price of 92.2 USD, H&E Equipment Services, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart HEES

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$110.0$110.0$100.0$100.0$90.0$90.0$80.0$80.0$70.0$70.0$60.0$60.0$50.0$50.0$40.0$40.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
1.52 B REVENUE
3.22%
220 M OPERATING INCOME
-20.62%
123 M NET INCOME
-27.36%
496 M OPERATING CASH FLOW
22.22%
-459 M INVESTING CASH FLOW
24.59%
-28.6 M FINANCING CASH FLOW
-21.96%
384 M REVENUE
-0.20%
53.8 M OPERATING INCOME
-11.29%
32.8 M NET INCOME
5.46%
129 M OPERATING CASH FLOW
-13.59%
-36.9 M INVESTING CASH FLOW
70.16%
-87.2 M FINANCING CASH FLOW
-256.54%
Balance Sheet H&E Equipment Services, Inc.
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Current Assets 16.4 M
Cash & Short-Term Investments 16.4 M
Receivables 0
Other Current Assets 0
Non-Current Assets 2.78 B
Long-Term Investments 0
PP&E 0
Other Non-Current Assets 2.78 B
99.41 %Total Assets$2.8b
Current Liabilities 0
Accounts Payable 0
Short-Term Debt 0
Other Current Liabilities 0
Non-Current Liabilities 244 M
Long-Term Debt 244 M
Other Non-Current Liabilities 0
100.00 %Total Liabilities$243.6m
EFFICIENCY
Earnings Waterfall H&E Equipment Services, Inc.
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Revenue 1.52 B
Cost Of Revenue 841 M
Gross Profit 675 M
Operating Expenses 456 M
Operating Income 220 M
Other Expenses 96.7 M
Net Income 123 M
2b2b1b1b1b1b1b1b800m800m600m600m400m400m200m200m002b(841m)675m(456m)220m(97m)123mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
44.52% GROSS MARGIN
44.52%
14.48% OPERATING MARGIN
14.48%
8.11% NET MARGIN
8.11%
15.65% ROE
15.65%
4.16% ROA
4.16%
5.94% ROIC
5.94%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis H&E Equipment Services, Inc.
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200m200m150m150m100m100m50m50m00(50m)(50m)(100m)(100m)(150m)(150m)(200m)(200m)(250m)(250m)(300m)(300m)(350m)(350m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 123 M
Depreciation & Amortization 434 M
Capital Expenditures -451 M
Stock-Based Compensation 11.2 M
Change in Working Capital 0
Others -105 M
Free Cash Flow 44.3 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets H&E Equipment Services, Inc.
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Wall Street analysts predict an average 1-year price target for HEES of $61.2 , with forecasts ranging from a low of $46 to a high of $71 .
HEES Lowest Price Target Wall Street Target
46 USD -50.08%
HEES Average Price Target Wall Street Target
61.2 USD -33.53%
HEES Highest Price Target Wall Street Target
71 USD -22.95%
Price
Max Price Target
Min Price Target
Average Price Target
110110100100909080807070606050504040May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
0.57% DIVIDEND YIELD
0.275 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
1.2001.2001.0001.0000.8000.8000.6000.6000.4000.4000.2000.2000.0000.0000.250.2750.2750.2750.2750.2750.2750.2750.2750.2750.2750.250.2750.2750.2750.2750.2750.2750.2750.2750.2750.2750.2750.2750.2750.2750.2750.2750.2750.2750.2750.2751.050.2751.100.2751.100.2751.100.2751.100.2751.100.2751.100.2751.100.2751.100.2751.100.282015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 9
6. Ownership
Insider Ownership H&E Equipment Services, Inc.
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Sold
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7. News
Herc Holdings Commences Tender Offer for All Outstanding Shares of H&E Equipment Services BONITA SPRINGS, Fla.--(BUSINESS WIRE)--Herc Holdings Inc. (NYSE: HRI) (“Herc” or “the Company”), one of North America's leading equipment rental suppliers, today announced that its wholly-owned subsidiary HR Merger Sub Inc. (“Merger Sub”) has commenced the previously announced tender offer (the “Offer”) to acquire all of the outstanding shares of H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”) common stock for $78.75 in cash and 0.1287 shares of Herc common stock for each H&E sh. businesswire.com - 1 month ago
3 Mid-Caps Worth Watching Closely in March Mid-cap stocks don't get the same headlines as large caps but move aggressively in both directions, creating outsized opportunities for investors. Unlike their mega-cap counterparts, which tend to grind higher or lower over time, mid-caps often soar or crash within days, driven by headlines, sentiment, and pure speculation. marketbeat.com - 1 month ago
H&E Rentals Reports Fourth Quarter and Full Year 2024 Results BATON ROUGE, La., Feb. 21, 2025 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”, the “Company”, d/b/a "H&E Rentals") today announced results for the fourth quarter and full year ended December 31, 2024. Also, the Company noted its agreement to be acquired by Herc Holdings Inc. (NYSE: HRI) announced earlier this week, which will bring together two companies with a combined 120 years of industry experience who are committed to customer service and excellence. globenewswire.com - 1 month ago
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates HEES and GB on Behalf of Shareholders NEW YORK, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: globenewswire.com - 1 month ago
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of H&E Equipment Services, Inc. NEW YORK , Feb. 19, 2025 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by H&E Equipment Services, Inc. (NASDAQ: HEES) and its board of directors concerning the proposed acquisition of the company by Herc Holdings Inc. (NYSE: HRI). Stockholders will receive $78.75 and 0.1287 shares of Herc Holdings common stock for each share of H&E Equipment stock that they hold. prnewswire.com - 1 month ago
H&E EQUIPMENT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of H&E Equipment Services, Inc. - HEES NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of H&E Equipment Services, Inc. d/b/a H&E Rentals (NasdaqGS: HEES) to United Rentals, Inc. (NYSE: URI). Under the terms of the proposed transaction, shareholders of H&E will receive $92.00 in cash for each share of H&E that they own. KSF is seeking to determine whether this consideration and the p. businesswire.com - 2 months ago
H&E Rentals Reports Quarterly Cash Dividend BATON ROUGE, La., Feb. 07, 2025 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”, the “Company”, d/b/a "H&E Rentals") announced that its Board of Directors declared a regular quarterly cash dividend on February 7, 2025, 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 February 24, 2025, for stockholders of record as of the close of business on February 18, 2025. globenewswire.com - 2 months ago
Notice of Withdrawal and Refiling of Premerger Notification and Report Form Under the HSR Act STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) (“United Rentals”) announced today that it has withdrawn and refiled its Premerger Notification and Report Form under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”), in connection with United Rentals' pending acquisition of H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”). As previously announced on January 28, 2025, United Rentals, through its wholly owned subsidiary UR Merger Su. businesswire.com - 2 months ago
United Rentals Tender Offer for H&E Equipment Services, Inc. Commences STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) (“United Rentals” or “URI”) today announced that its indirect wholly-owned subsidiary, UR Merger Sub VII Corporation, a Delaware corporation (“Merger Sub”), has commenced the previously announced cash tender offer to purchase all of the issued and outstanding shares of common stock, par value $0.01 per share (the “Shares”), of H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”) for a price of $92.00 per share, net to the. businesswire.com - 2 months ago
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates HEES and TURN on Behalf of Shareholders NEW YORK, NY / ACCESS Newswire / January 22, 2025 / Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: H&E Equipment Services, Inc. (NASDAQ:HEES)'s sale to United Rentals, Inc. for $92.00 per share in cash. If you are a H&E shareholder, click here to learn more about your rights and options. accessnewswire.com - 2 months ago
H&E EQUIPMENT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of H&E Equipment Services, Inc. - HEES NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of H&E Equipment Services, Inc. d/b/a H&E Rentals (NasdaqGS: HEES) to United Rentals, Inc. (NYSE: URI). Under the terms of the proposed transaction, shareholders of H&E will receive $92.00 in cash for each share of H&E that they own. KSF is seeking to determine whether this consideration and the p. businesswire.com - 3 months ago
H&E Equipment Stock Doubles on Acquisition by United Rentals for $4.8B H&E Equipment Services (HEES) shares more than doubled in value intraday Tuesday after the company reached a deal to be acquired by United Rentals (URI) for $4.8 billion. investopedia.com - 3 months ago
8. Profile Summary

H&E Equipment Services, Inc. HEES

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COUNTRY US
INDUSTRY Rental & Leasing Services
MARKET CAP $ 3.37 B
Dividend Yield 0.57%
Description H&E Equipment Services, Inc. operates as an integrated equipment services company. The company operates in five segments: Equipment Rentals, Used Equipment Sales, New Equipment Sales, Parts Sales, and Repair and Maintenance Services. The Equipment Rentals segment provides construction and industrial equipment for rent on a daily, weekly, and monthly basis through a fleet of approximately 42,725 pieces of equipment. The Used Equipment Sales segment sells used equipment through retail sales force primarily from its rental fleet, as well as inventoried equipment that are acquired through trade-ins from equipment customers. The New Equipment Sales segment sells new construction equipment through a professional in-house retail sales force. The Parts Sales segment sells parts for the equipment customers, as well as offers for its rental fleet. The Repair and Maintenance Services segment serves its rental fleet and equipment owned customers, as well as offers ongoing preventative maintenance services to industrial customers. It also provides ancillary equipment support activities, including transportation, hauling, parts shipping, and loss damage waivers. The company's rental fleet consists of hi-lift or aerial work platforms, cranes, earthmoving and material handling equipment, and others. It serves industrial and commercial companies, construction contractors, manufacturers, public utilities, municipalities, maintenance contractors, and various other industrial account customers. As of December 31, 2021, the company had a network of 102 service facilities in the Pacific Northwest, West Coast, Intermountain, Southwest, Gulf Coast, Southeast, and Mid-Atlantic regions of the United States. H&E Equipment Services, Inc. was founded in 1961 and is headquartered in Baton Rouge, Louisiana.
Contact 7500 Pecue Lane, Baton Rouge, LA, 70809 https://www.he-equipment.com
IPO Date Jan. 31, 2006
Employees 2800
Officers Ms. Leslie S. Magee CPA Chief Financial Officer & Secretary Mr. Jeffrey L. Chastain Vice President of Investor Relations Mr. John McDowell Engquist President & Chief Operating Officer Mr. John Martindale Engquist Executive Chairman Mr. Bradley W. Barber Chief Executive Officer & Director