H&E Equipment Services, Inc. (HEES)

H&E Equipment Services Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for H&E Equipment Services stock have an average target of 69.25, with a low estimate of 60 and a high estimate of 92. The average target predicts a decrease of -29.44% from the current stock price of 98.14.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$60	$69.25	$63	$92
Change	-38.86%	-29.44%	-35.81%	-6.26%

* Price targets were last updated on Jan 17, 2025.

Analyst Ratings

The average analyst rating for H&E Equipment Services stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	2	3	3	3	2	2
Buy	1	1	1	1	1	1
Hold	2	2	2	2	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	6	6	6	6	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Steven Fisher UBS	UBS	Strong Buy → Hold Downgrades $60 → $92	Strong Buy → Hold	Downgrades	$60 → $92	-6.26%	Jan 17, 2025
Alex Rygiel B. Riley Securities	B. Riley Securities	Strong Buy Reiterates $62 → $60	Strong Buy	Reiterates	$62 → $60	-38.86%	Oct 30, 2024
Steven Fisher UBS	UBS	Strong Buy Maintains $63 → $60	Strong Buy	Maintains	$63 → $60	-38.86%	Aug 14, 2024
Katie Fleischer Keybanc	Keybanc	Hold Initiates n/a	Hold	Initiates	n/a	n/a	Aug 9, 2024
Stanley Elliott Stifel	Stifel	Strong Buy Maintains $65 → $62	Strong Buy	Maintains	$65 → $62	-36.82%	Jul 31, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.54B

Increased by 4.48%

from 1.47B

Revenue Next Year

1.59B

Increased by 3.52%

from 1.54B

EPS This Year

3.33

Decreased by -28.64%

from 4.66

EPS Next Year

3.84

Increased by 15.34%

from 3.33

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.12B	1.01B	1.06B	1.24B	1.47B	1.54B	1.59B	1.69B
Revenue Growth	-9.30%	-10.39%	5.54%	17.10%	18.06%	4.48%	3.52%	6.54%
EPS	2.42	-0.91	2.81	3.66	4.66	3.33	3.84	4.16
EPS Growth	13.62%	-	-	30.10%	27.40%	-28.64%	15.34%	8.51%
Forward PE	-	-	-	-	-	29.51	25.59	23.58
No. Analysts	-	-	-	-	-	6	6	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	1.6B	1.7B	1.7B
Avg	1.5B	1.6B	1.7B
Low	1.5B	1.5B	1.6B

Revenue Growth

Revenue Growth	2024	2025	2026
High	7.8%	8.0%	9.8%
Avg	4.5%	3.5%	6.5%
Low	0.1%	-1.7%	2.3%

EPS Forecast

EPS	2024	2025	2026
High	3.45	4.04	4.41
Avg	3.33	3.84	4.16
Low	3.18	3.65	3.88

EPS Growth

EPS Growth	2024	2025	2026
High	-25.9%	21.6%	15.0%
Avg	-28.6%	15.3%	8.5%
Low	-31.9%	9.6%	1.2%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.