He Equipment Services Stock Today
| HEES Stock | USD 58.02 0.76 1.29% |
Performance10 of 100
| Odds Of DistressLess than 1
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HE Equipment is selling for under 58.02 as of the 19th of April 2024; that is -1.29 percent down since the beginning of the trading day. The stock's lowest day price was 57.97. HE Equipment has a very small chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for HE Equipment Services are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 31st of January 2006 | Category Industrials |
HE Equipment Services, Inc. operates as an integrated equipment services company. HE Equipment Services, Inc. was founded in 1961 and is headquartered in Baton Rouge, Louisiana. HE Equip operates under Rental Leasing Services classification in the United States and is traded on NASDAQ Exchange. The company has 36.53 M outstanding shares of which 583.99 K shares are currently shorted by private and institutional investors with about 2.45 trading days to cover. More on HE Equipment Services
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HEES Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. HE Equipment's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding HE Equipment or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | John Engquist | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Rentals (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Trading Companies & Distributors, Rental & Leasing Services, Industrials, NASDAQ Composite, NASDAQ Composite Total, Rentals, Industrials, Trading Companies & Distributors, Rental & Leasing Services, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering HE Equipment report their recommendations after researching HE Equipment's financial statements, talking to executives and customers, or listening in on HE Equipment's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering HE Equipment Services. The HEES consensus assessment is calculated by taking the average forecast from all of the analysts covering HE Equipment. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to HE Equipment's liquidity, profitability, solvency, and operating efficiency, HE Equipment Services is performing exceptionally good at this time. It has a great probability to report excellent financial results in May. Financial strength of HE Equipment Services is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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HE Equipment's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to HE Equipment's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. HE Equipment's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of HE Equipment's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand HE Equipment's financial leverage. It provides some insight into what part of HE Equipment's total assets is financed by creditors.
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HE Equipment Services (HEES) is traded on NASDAQ Exchange in USA. It is located in 7500 Pecue Lane, Baton Rouge, LA, United States, 70809 and employs 2,765 people. HE Equipment is listed under Trading Companies & Distributors category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.21 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate HE Equipment's market, we take the total number of its shares issued and multiply it by HE Equipment's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. HE Equipment Services conducts business under Trading Companies & Distributors sector and is part of Industrials industry. The entity has 36.53 M outstanding shares of which 583.99 K shares are currently shorted by private and institutional investors with about 2.45 trading days to cover.
HE Equipment Services currently holds about 278.83 M in cash with 405.48 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.8.
Check HE Equipment Probability Of Bankruptcy
Ownership AllocationHE Equipment Services secures a total of 36.53 Million outstanding shares. The majority of HE Equipment Services outstanding shares are owned by institutions. These other corporate entities are usually referred to as non-private investors looking to purchase positions in HE Equipment Services to benefit from reduced commissions. Hence, outside corporations are subject to a different set of regulations than regular investors in HE Equipment Services. Please pay attention to any change in the institutional holdings of HE Equipment as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company retains, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check HEES Ownership Details
HEES Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of HE Equipment jumping above the current price in 90 days from now is about 42.34%. The HE Equipment Services probability density function shows the probability of HE Equipment stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.2438. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, HE Equipment will likely underperform. Additionally, hE Equipment Services has an alpha of 0.1759, implying that it can generate a 0.18 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of HE Equipment to move above the current price in 90 days from now is about 42.34 (This HE Equipment Services probability density function shows the probability of HEES Stock to fall within a particular range of prices over 90 days) .
HEES Stock Institutional Holders
Institutional Holdings refers to the ownership stake in HE Equipment that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of HE Equipment's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing HE Equipment's value.| Instituion | Recorded On | Shares | |
| American Century Companies Inc | 2023-12-31 | 577.3 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 447.6 K | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 445.6 K | |
| Assenagon Asset Management Sa | 2023-12-31 | 353.6 K | |
| Penn Capital Management Company Llc | 2023-12-31 | 338.1 K | |
| Northern Trust Corp | 2023-12-31 | 324.6 K | |
| Intrinsic Edge Capital Management, Llc | 2023-12-31 | 309.1 K | |
| Mirae Asset Global Investments (korea) Co Ltd | 2023-12-31 | 307.2 K | |
| Arrowstreet Capital Limited Partnership | 2023-12-31 | 289.7 K | |
| Vanguard Group Inc | 2023-12-31 | 3.8 M | |
| Blackrock Inc | 2023-12-31 | 3 M |
HE Equipment Historical Income Statement
HE Equipment Services Income Statement is one of the three primary financial statements used for reporting HEES's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of HE Equipment Services revenue and expense. HE Equipment Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, HE Equipment's Income Tax Expense is comparatively stable compared to the past year. Net Income From Continuing Ops is likely to gain to about 177.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 217.2 M in 2024. View More FundamentalsHEES Stock Against Markets
Picking the right benchmark for HE Equipment stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in HE Equipment stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for HE Equipment is critical whether you are bullish or bearish towards HE Equipment Services at a given time. Please also check how HE Equipment's historical prices are related to one of the top price index indicators.
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HE Equipment Corporate Directors
HE Equipment corporate directors refer to members of a HE Equipment board of directors. The board of directors generally takes responsibility for the HE Equipment's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of HE Equipment's board members must vote for the resolution. The HE Equipment board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Lawrence Karlson | Independent Director | Profile | |
| John Sawyer | Independent Director | Profile | |
| Patrick Edsell | Independent Director | Profile | |
| Bruce Bruckmann | Independent Director | Profile |
How to buy HEES Stock?
Before investing in HE Equipment, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in HE Equipment. To buy HE Equipment stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of HE Equipment. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase HE Equipment stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located HE Equipment Services stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased HE Equipment Services stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as HE Equipment Services, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy HEES Stock please use our How to Invest in HE Equipment guide.
Already Invested in HE Equipment Services?
The danger of trading HE Equipment Services is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of HE Equipment is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than HE Equipment. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile HE Equipment Services is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether HE Equipment Services is a strong investment it is important to analyze HE Equipment's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact HE Equipment's future performance. For an informed investment choice regarding HEES Stock, refer to the following important reports: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HE Equipment Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the HE Equipment Services information on this page should be used as a complementary analysis to other HE Equipment's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for HEES Stock analysis
When running HE Equipment's price analysis, check to measure HE Equipment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HE Equipment is operating at the current time. Most of HE Equipment's value examination focuses on studying past and present price action to predict the probability of HE Equipment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HE Equipment's price. Additionally, you may evaluate how the addition of HE Equipment to your portfolios can decrease your overall portfolio volatility.
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Is HE Equipment's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of HE Equipment. If investors know HEES will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about HE Equipment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.043 | Dividend Share 1.1 | Earnings Share 4.66 | Revenue Per Share 40.699 | Quarterly Revenue Growth 0.093 |
The market value of HE Equipment Services is measured differently than its book value, which is the value of HEES that is recorded on the company's balance sheet. Investors also form their own opinion of HE Equipment's value that differs from its market value or its book value, called intrinsic value, which is HE Equipment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because HE Equipment's market value can be influenced by many factors that don't directly affect HE Equipment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between HE Equipment's value and its price as these two are different measures arrived at by different means. Investors typically determine if HE Equipment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HE Equipment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.