H&E Equipment Services (HEES) Stock Forecast, Price Target & Predictions
HEES Stock Forecast
H&E Equipment Services stock forecast is as follows: an average price target of $58.00 (represents a 18.88% upside from HEES’s last price of $48.79) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.
HEES Price Target
The average price target for H&E Equipment Services (HEES) is $58.00 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $71.00 to $46.00. This represents a potential 18.88% upside from HEES's last price of $48.79.
HEES Analyst Ratings
According to 4 Wall Street analysts, H&E Equipment Services's rating consensus is 'Buy'. The analyst rating breakdown for HEES stock is 0 'Strong Buy' (0.00%), 2 'Buy' (50.00%), 2 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
H&E Equipment Services Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| May 01, 2024 | Alex Rygiel | B.Riley Financial | $71.00 | $44.79 | 58.52% | 45.52% |
| Jan 10, 2023 | Wells Fargo | $57.00 | $47.43 | 20.18% | 16.83% | |
| Aug 03, 2022 | UBS | $46.00 | $34.45 | 33.53% | -5.72% |
The latest H&E Equipment Services stock forecast, released on May 01, 2024 by Alex Rygiel from B.Riley Financial, set a price target of $71.00, which represents a 58.52% increase from the stock price at the time of the forecast ($44.79), and a 45.52% increase from HEES last price ($48.79).
H&E Equipment Services Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $71.00 |
| Last Closing Price | $48.79 | $48.79 | $48.79 |
| Upside/Downside | -100.00% | -100.00% | 45.52% |
In the current month, the average price target of H&E Equipment Services stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to H&E Equipment Services's last price of $48.79. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 09, 2024 | KeyBanc | Sector Weight | Initialise | |
| Jun 27, 2024 | Raymond James | Market Perform | Initialise | |
| Jan 10, 2023 | Wells Fargo | Overweight | Overweight | Hold |
| Aug 03, 2022 | UBS | Buy | Buy | Hold |
H&E Equipment Services's last stock rating was published by KeyBanc on Aug 09, 2024. The company Initialise its HEES rating from "null" to "Sector Weight".
H&E Equipment Services Financial Forecast
H&E Equipment Services Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $400.70M | $360.23M | $322.48M | $353.12M | $324.28M | $294.67M | $272.45M | $281.25M | $275.44M | $315.76M | $278.44M | $315.60M | $289.26M | $278.34M | $285.92M | $348.13M | $353.00M |
| Avg Forecast | $419.65M | $422.98M | $420.21M | $395.74M | $398.51M | $402.85M | $392.25M | $370.24M | $373.25M | $388.18M | $382.05M | $352.52M | $382.58M | $382.33M | $344.84M | $307.11M | $339.32M | $303.96M | $293.40M | $261.91M | $265.18M | $319.61M | $300.71M | $266.37M | $291.34M | $279.68M | $265.32M | $302.79M | $340.92M | $340.34M |
| High Forecast | $424.28M | $427.65M | $424.85M | $400.10M | $402.91M | $407.30M | $396.58M | $374.32M | $377.64M | $389.34M | $382.05M | $352.52M | $390.62M | $401.02M | $348.65M | $310.49M | $343.06M | $303.96M | $293.40M | $261.91M | $265.18M | $319.61M | $300.71M | $266.37M | $291.34M | $279.68M | $265.32M | $302.79M | $340.92M | $340.34M |
| Low Forecast | $415.27M | $418.57M | $415.83M | $391.61M | $394.36M | $398.65M | $388.16M | $366.38M | $367.97M | $387.02M | $382.05M | $352.52M | $374.54M | $367.35M | $341.24M | $303.90M | $335.78M | $303.96M | $293.40M | $261.91M | $265.18M | $319.61M | $300.71M | $266.37M | $291.34M | $279.68M | $265.32M | $302.79M | $340.92M | $340.34M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 2 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 13 | 13 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 1.04% | 1.05% | 1.04% | 1.07% | 1.00% | 1.04% | 1.06% | 0.86% | 1.05% | 1.05% | 1.08% | 1.03% | 1.05% | 0.94% | 1.02% | 1.04% |
H&E Equipment Services's average Quarter revenue forecast for Dec 23 based on 2 analysts is $382.58M, with a low forecast of $374.54M, and a high forecast of $390.62M. HEES's average Quarter revenue forecast represents a -4.52% decrease compared to the company's last Quarter revenue of $400.70M (Sep 23).
H&E Equipment Services EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 2 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 13 | 13 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $79.21M | $69.54M | $47.76M | $68.83M | $138.89M | $120.89M | $102.05M | $109.88M | $112.31M | $101.63M | $82.42M | $56.78M | $98.61M | $95.19M | $37.15M | $114.48M | $127.45M |
| Avg Forecast | $156.75M | $158.00M | $156.96M | $147.82M | $148.86M | $150.48M | $146.52M | $138.30M | $139.42M | $145.00M | $142.71M | $86.83M | $142.90M | $142.81M | $128.81M | $78.93M | $98.85M | $60.64M | $58.53M | $62.40M | $52.90M | $63.76M | $59.99M | $104.40M | $58.12M | $55.79M | $52.93M | $42.46M | $68.01M | $67.89M |
| High Forecast | $158.48M | $159.74M | $158.69M | $149.45M | $150.50M | $152.14M | $148.13M | $139.82M | $141.06M | $145.43M | $142.71M | $104.19M | $145.91M | $149.80M | $130.23M | $94.72M | $118.62M | $60.64M | $58.53M | $74.88M | $52.90M | $63.76M | $59.99M | $125.28M | $58.12M | $55.79M | $52.93M | $50.95M | $68.01M | $67.89M |
| Low Forecast | $155.12M | $156.35M | $155.33M | $146.28M | $147.30M | $148.91M | $144.99M | $136.85M | $137.45M | $144.56M | $142.71M | $69.46M | $139.90M | $137.22M | $127.47M | $63.15M | $79.08M | $60.64M | $58.53M | $49.92M | $52.90M | $63.76M | $59.99M | $83.52M | $58.12M | $55.79M | $52.93M | $33.97M | $68.01M | $67.89M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.55% | 0.54% | 0.61% | 0.70% | 2.29% | 2.07% | 1.64% | 2.08% | 1.76% | 1.69% | 0.79% | 0.98% | 1.77% | 1.80% | 0.88% | 1.68% | 1.88% |
2 analysts predict HEES's average Quarter EBITDA for Dec 23 to be $142.90M, with a high of $145.91M and a low of $139.90M. This is 80.40% upper than H&E Equipment Services's previous annual EBITDA (Sep 23) of $79.21M.
H&E Equipment Services Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 2 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 13 | 13 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $48.88M | $41.22M | $25.67M | $51.15M | $38.38M | $26.35M | $16.30M | $21.73M | $24.73M | $15.77M | $4.15M | $-14.62M | $10.10M | $8.81M | $-36.97M | $21.92M | $28.43M |
| Avg Forecast | $39.67M | $39.60M | $38.78M | $26.54M | $39.90M | $39.63M | $36.58M | $26.25M | $29.49M | $36.62M | $37.45M | $13.68M | $44.34M | $49.35M | $37.19M | $12.44M | $19.55M | $30.25M | $20.40M | $9.83M | $16.53M | $17.85M | $14.55M | $5.26M | $12.13M | $10.86M | $-3.32M | $-42.25M | $24.45M | $24.74M |
| High Forecast | $40.23M | $40.16M | $39.33M | $26.92M | $40.48M | $40.20M | $37.11M | $26.62M | $30.61M | $37.28M | $37.46M | $16.41M | $50.62M | $55.20M | $37.72M | $14.92M | $23.46M | $30.25M | $20.40M | $11.80M | $16.53M | $17.85M | $14.55M | $6.31M | $12.13M | $10.86M | $-3.32M | $-33.80M | $24.45M | $24.74M |
| Low Forecast | $39.13M | $39.06M | $38.25M | $26.18M | $39.36M | $39.09M | $36.08M | $25.89M | $28.37M | $35.95M | $37.45M | $10.94M | $35.10M | $42.40M | $36.68M | $9.95M | $15.64M | $30.25M | $20.40M | $7.86M | $16.53M | $17.85M | $14.55M | $4.21M | $12.13M | $10.86M | $-3.32M | $-50.70M | $24.45M | $24.74M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.11% | 2.06% | 2.62% | 1.27% | 1.29% | 1.66% | 1.31% | 1.39% | 1.08% | 0.79% | -1.20% | 0.93% | -2.66% | 0.88% | 0.90% | 1.15% |
H&E Equipment Services's average Quarter net income forecast for Dec 23 is $44.34M, with a range of $35.10M to $50.62M. HEES's average Quarter net income forecast represents a -9.29% decrease compared to the company's last Quarter net income of $48.88M (Sep 23).
H&E Equipment Services SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 2 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 13 | 13 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $104.22M | $99.26M | $95.33M | $94.48M | $87.87M | $82.66M | $78.28M | $76.87M | $74.40M | $77.01M | $73.95M | $71.74M | $70.04M | $67.86M | $79.62M | $77.24M | $77.30M |
| Avg Forecast | $108.98M | $109.85M | $109.13M | $102.77M | $103.50M | $104.62M | $101.87M | $96.15M | $96.93M | $100.81M | $99.22M | $65.71M | $99.36M | $99.29M | $89.56M | $59.73M | $69.15M | $79.23M | $76.48M | $47.22M | $69.12M | $83.31M | $78.38M | $93.67M | $75.94M | $72.90M | $69.16M | $91.00M | $88.86M | $88.72M |
| High Forecast | $110.19M | $111.06M | $110.34M | $103.91M | $104.64M | $105.78M | $102.99M | $97.21M | $98.07M | $101.11M | $99.22M | $78.85M | $101.45M | $104.15M | $90.55M | $71.68M | $82.98M | $79.23M | $76.48M | $56.66M | $69.12M | $83.31M | $78.38M | $112.41M | $75.94M | $72.90M | $69.16M | $109.20M | $88.86M | $88.72M |
| Low Forecast | $107.85M | $108.70M | $107.99M | $101.70M | $102.42M | $103.53M | $100.81M | $95.15M | $95.56M | $100.51M | $99.22M | $52.56M | $97.27M | $95.40M | $88.62M | $47.79M | $55.32M | $79.23M | $76.48M | $37.78M | $69.12M | $83.31M | $78.38M | $74.94M | $75.94M | $72.90M | $69.16M | $72.80M | $88.86M | $88.72M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 1.11% | 1.60% | 1.37% | 1.11% | 1.08% | 1.66% | 1.11% | 0.89% | 0.98% | 0.79% | 0.94% | 0.96% | 0.98% | 0.88% | 0.87% | 0.87% |
H&E Equipment Services's average Quarter SG&A projection for Dec 23 is $99.36M, based on 2 Wall Street analysts, with a range of $97.27M to $101.45M. The forecast indicates a -4.66% fall compared to HEES last annual SG&A of $104.22M (Sep 23).
H&E Equipment Services EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 2 | 1 | 1 | 2 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 13 | 13 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.35 | - | $0.71 | $1.42 | $1.05 | $0.72 | $0.45 | $0.60 | $0.81 | $0.44 | $0.11 | $-0.40 | $0.28 | $0.24 | $-1.03 | $0.61 | $0.79 |
| Avg Forecast | $1.09 | $1.09 | $1.06 | $0.73 | $1.09 | $1.09 | $1.00 | $0.72 | $0.81 | $1.00 | $1.03 | $0.78 | $1.22 | $1.35 | $1.02 | $0.65 | $1.00 | $0.83 | $0.56 | $0.32 | $0.45 | $0.49 | $0.40 | $0.15 | $0.33 | $0.30 | $-0.09 | $0.32 | $0.67 | $0.68 |
| High Forecast | $1.10 | $1.10 | $1.08 | $0.74 | $1.11 | $1.10 | $1.02 | $0.73 | $0.84 | $1.02 | $1.03 | $0.78 | $1.39 | $1.51 | $1.03 | $0.66 | $1.01 | $0.83 | $0.56 | $0.32 | $0.45 | $0.49 | $0.40 | $0.15 | $0.33 | $0.30 | $-0.09 | $0.32 | $0.67 | $0.68 |
| Low Forecast | $1.07 | $1.07 | $1.05 | $0.72 | $1.08 | $1.07 | $0.99 | $0.71 | $0.78 | $0.99 | $1.03 | $0.78 | $0.96 | $1.16 | $1.01 | $0.64 | $0.98 | $0.83 | $0.56 | $0.32 | $0.45 | $0.49 | $0.40 | $0.15 | $0.33 | $0.30 | $-0.09 | $0.32 | $0.67 | $0.68 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | - | 1.10% | 1.42% | 1.27% | 1.29% | 1.39% | 1.32% | 1.66% | 1.10% | 0.74% | -1.20% | 0.94% | -2.64% | -3.26% | 0.91% | 1.16% |
According to 2 Wall Street analysts, H&E Equipment Services's projected average Quarter EPS for Dec 23 is $1.22, with a low estimate of $0.96 and a high estimate of $1.39. This represents a -9.92% decrease compared to HEES previous annual EPS of $1.35 (Sep 23).
H&E Equipment Services Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CTOS | Custom Truck One Source | $5.08 | $6.67 | 31.30% | Buy |
| ALTG | Alta Equipment Group | $7.04 | $9.00 | 27.84% | Hold |
| PRG | PROG | $43.90 | $54.00 | 23.01% | Buy |
| GATX | GATX | $161.11 | $185.00 | 14.83% | Hold |
| HEES | H&E Equipment Services | $53.20 | $58.00 | 9.02% | Buy |
| HRI | Herc | $195.00 | $208.50 | 6.92% | Buy |
| MGRC | McGrath RentCorp | $118.50 | $120.00 | 1.27% | Buy |
| AAN | Aaron's Company | $10.09 | $10.00 | -0.89% | Hold |
| R | Ryder System | $161.95 | $160.00 | -1.20% | Buy |