Analysts are projecting that the stock will reach $1.00 on a short term (1 year) basis.
H&E Equipment Services (NASDAQ:HEES) traded up 1.44% during midday trading on Wednesday, hitting $30.20. About 218,405 shares traded. It has underperformed by 16.70% the S&P500.
Brokerage firms now have a positive stance on shares of H&E Equipment Services, Inc. Based on a recent bid, the stock is trading -44.98% away from it's 52- week high and 3.67% away from its 52 week low. This translates into $14.20M profit for HEES giving the stock a 18.84 P/E. It increased, as 24 investors sold H&E Equipment Services, Inc. shares while 37 reduced holdings. It closed at $30.15 lastly. It is down 3.15% since October 13, 2016 and is uptrending. It has underperformed by 13.55% the S&P500.
Since May 17, 2017, it had 3 insider buys, and 4 selling transactions for $158,013 activity.
Analysts await Verizon Communications Inc. (NYSE:VZ) to report earnings on October, 19 before the open. VZ's profit will be $4.00B for 12.33 P/E if the $0.98 EPS becomes a reality. Equities research analysts predict that H&E Equipment Services will post $1.20 EPS for the current fiscal year. Therefore 0 are positive. The stock has "Hold" rating by KeyBanc Capital Markets on Tuesday, September 12. The stock of ONE Gas Inc (NYSE:OGS) earned "Underperform" rating by Morgan Stanley on Thursday, August 10. (NASDAQ:HEES) earned "Buy" rating by RBC Capital Markets on Monday, June 5. The stock has "Hold" rating by Jefferies on Thursday, April 7. The firm has "Buy" rating by Rosenblatt given on Tuesday, October 18. (NYSE:CRM) on Thursday, September 1 with "Outperform" rating. The company was maintained on Thursday, September 1 by Mizuho. FBR Capital downgraded the stock to "Mkt Perform" rating in Wednesday, January 25 report.
Investors sentiment increased to Infinity in 2017 Q2. Its down 0.12, from 1 in 2017Q1. It turned negative, as 90 investors sold VZ shares while 700 reduced holdings. 30 funds opened positions while 0 raised stakes. 32,864 were accumulated by Rwc Asset Management Limited Liability Partnership. Citigroup invested 0% in Farmers & Merchants Bancorp Inc (NASDAQ:FMAO). The industrial products company reported $0.28 EPS for the quarter, beating the Zacks' consensus estimate of $0.21 by $0.07. As of quarter end Bronfman E.l. Rothschild, L.p. had bought 8 shares growing its holdings by 0.0%. 270,901 are owned by Alpha Cubed Investments Limited Liability. Gateway Advisory Lc holds 0.13% or 9,478 shares in its portfolio. 39,128 are held by Joel Isaacson & Ltd. 21,515 were accumulated by Huber Cap Management Ltd Liability. Rnc Capital Management Limited Liability Company owns 591,750 shares. Its down 14.21% from 2.00 million shares previously. (NYSE:VZ) for 197,267 shares. Wellington Management Gp Limited Liability Partnership invested 0% of its portfolio in ONE Gas Inc (NYSE:OGS). Finally, Renaissance Technologies LLC acquired a new position in shares of H&E Equipment Services in the 1st quarter valued at $230,000. Lilly Eli & Co (NYSE:LLY) was raised too. The value of the company's investment in H&E Equipment Services, Inc. increased from $1,388,000 to $2,823,000 increasing 103.4% for the reporting period. Therefore 60% are positive. H&E Equipment Services had 12 analyst reports since July 31, 2015 according to SRatingsIntel. (NASDAQ:HEES) for 570 shares. The rating was maintained by RBC Capital Markets on Friday, July 31 with "Outperform". The firm has "Buy" rating given on Friday, July 31 by UBS. Bank of America Corporation assumed coverage on H&E Equipment Services in a report on Tuesday, September 26th. As per Monday, July 10, the company rating was maintained by RBC Capital Markets. The firm has "Buy" rating given on Friday, January 15 by Longbow. "(HEES) Stock Rating Lowered by Zacks Investment Research" was originally published by Week Herald and is the property of of Week Herald. The rating was upgraded by Longbow to "Buy" on Monday, January 18. H&E Equipment Services had a return on equity of 27.93% and a net margin of 4.08%.
H&E Equipment Services, Inc.is an integrated equipment services company. The company has market cap of $3.95 billion. The industrial products company reported $0.15 EPS for the quarter, topping the Zacks' consensus estimate of $0.14 by $0.01. It has a 27.12 P/E ratio. As of December 31, 2016, the Company rented, sold and provided parts and services support for four core categories of specialized equipment: hi-lift or aerial work platform equipment; cranes; earthmoving equipment, and industrial lift trucks. Its up Infinity, from 0 in 2017Q1. BidaskClub cut shares of H&E Equipment Services from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, August 9th. The value of the total investment in H&E Equipment Services, Inc. went from $67,000 to $1,725,000 a change of $1,658,000 since the last quarter. State Street holds 0% in H&E Equipment Services, Inc. (NASDAQ:HEES) or 644,044 shares. California State Teachers Retirement System holds 7,900 shares or 0% of its portfolio. The business's quarterly revenue was down 8.2% compared to the same quarter previous year. (NASDAQ:HEES) for 164 shares.
Investors who took positions in shares of Oxford Industries, Inc. Deutsche Bankshares Ag holds 0% or 141,437 shares. Us Bank De reported 0% of its portfolio in H&E Equipment Services, Inc. (NASDAQ:HEES) for 19,650 shares. Independent Portfolio Consultants Inc owns 0% invested in H&E Equipment Services, Inc.
H&E Equipment Services, Inc is an integrated equipment services company. (NASDAQ:HEES) for 139,994 shares. Victory Capital Mngmt invested in 0.11% or 2.29 million shares.
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