H&E Equipment Services, Inc. (HEES)
NASDAQ: HEES · IEX Real-Time Price · USD
43.53
-0.19 (-0.42%)
Jun 21, 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 44.74% from the current stock price of 43.53.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $61 $63 $63 $65
Change +40.15% +44.74% +44.74% +49.34%
* Price targets were last updated on May 24, 2024.

Analyst Ratings

The average analyst rating for HEES stock from 4 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 '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 222233
Buy 111111
Hold 000000
Sell 000000
Strong Sell 000000
Total 333344

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
UBS
UBS
Strong Buy
Maintains
$66$63
Strong Buy Maintains $66$63 +44.74% May 24, 2024
Stifel
Stifel
Strong Buy
Maintains
$69$65
Strong Buy Maintains $69$65 +49.34% May 1, 2024
Wells Fargo
Wells Fargo
Buy
Maintains
$62$63
Buy Maintains $62$63 +44.74% Feb 23, 2024
Stifel
Stifel
Strong Buy
Maintains
$59$69
Strong Buy Maintains $59$69 +58.53% Feb 23, 2024
Stifel
Stifel
Strong Buy
Maintains
$56$59
Strong Buy Maintains $56$59 +35.55% Dec 19, 2023
More Analyst Ratings

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%
Year 20192020202120222023202420252026
Revenue
1.12B1.01B1.06B1.24B1.47B1.58B1.69B1.66B
Revenue Growth
-9.30%-10.39%5.54%17.10%18.06%7.68%6.51%-1.66%
EPS
2.42-0.912.813.664.664.345.175.16
EPS Growth
13.62%--30.25%27.32%-6.84%19.08%-0.16%
Forward PE
-----10.038.428.43
No. Analysts -----773
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
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 202420252026
High
12.8%
15.3%
1.2%
Avg
7.7%
6.5%
-1.7%
Low
0.7%
-2.8%
-5.5%

EPS Forecast

EPS 202420252026
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 202420252026
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.