H&E Equipment Services, Inc. (HEES)
NASDAQ: HEES · IEX Real-Time Price · USD
43.32
+0.57 (1.33%)
Jul 2, 2024, 4:00 PM EDT - Market closed
H&E Equipment Services Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for HEES stock have an average target of 63, with a low estimate of 61 and a high estimate of 65. The average target predicts an increase of 45.43% from the current stock price of 43.32.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 24, 2024.
Analyst Ratings
The average analyst rating for HEES stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 4 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Jun 28, 2024 |
| UBS | UBS | Strong Buy Maintains $66 → $63 | Strong Buy | Maintains | $66 → $63 | +45.43% | May 24, 2024 |
| Stifel | Stifel | Strong Buy Maintains $69 → $65 | Strong Buy | Maintains | $69 → $65 | +50.05% | May 1, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $62 → $63 | Buy | Maintains | $62 → $63 | +45.43% | Feb 23, 2024 |
| Stifel | Stifel | Strong Buy Maintains $59 → $69 | Strong Buy | Maintains | $59 → $69 | +59.28% | Feb 23, 2024 |
Financial Forecast
Revenue This Year
1.58B
from 1.47B
Increased by 7.68%
Revenue Next Year
1.69B
from 1.58B
Increased by 6.51%
EPS This Year
4.34
from 4.66
Decreased by -6.84%
EPS Next Year
5.17
from 4.34
Increased by 19.08%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.7B | 1.8B | 1.7B |
| Avg | 1.6B | 1.7B | 1.7B |
| Low | 1.5B | 1.5B | 1.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.8% | 15.3% | 1.2% |
| Avg | 7.7% | 6.5% | -1.7% |
| Low | 0.7% | -2.8% | -5.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.85 | 6.42 | 5.31 |
| Avg | 4.34 | 5.17 | 5.16 |
| Low | 3.79 | 3.89 | 4.96 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.1% | 47.8% | 2.8% |
| Avg | -6.8% | 19.1% | -0.2% |
| Low | -18.6% | -10.4% | -4.1% |
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.