H&E Equipment Services, Inc. (HEES)
NASDAQ: HEES · IEX Real-Time Price · USD
47.99
-0.08 (-0.17%)
May 8, 2024, 9:51 AM EDT - Market open
H&E Equipment Services Stock Forecast
Stock Price Forecast
The 3 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 31.28% from the current stock price of 47.99.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for HEES stock from 3 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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Maintains $69 → $65 | Strong Buy | Maintains | $69 → $65 | +35.44% | May 1, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $62 → $63 | Buy | Maintains | $62 → $63 | +31.28% | Feb 23, 2024 |
| Stifel | Stifel | Strong Buy Maintains $59 → $69 | Strong Buy | Maintains | $59 → $69 | +43.78% | Feb 23, 2024 |
| Stifel | Stifel | Strong Buy Maintains $56 → $59 | Strong Buy | Maintains | $56 → $59 | +22.94% | Dec 19, 2023 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $47 → $61 | Strong Buy | Maintains | $47 → $61 | +27.11% | Jul 28, 2023 |
Financial Forecast
Revenue This Year
1.61B
from 1.47B
Increased by 9.72%
Revenue Next Year
1.72B
from 1.61B
Increased by 6.95%
EPS This Year
5.12
from 4.66
Increased by 9.79%
EPS Next Year
5.81
from 5.12
Increased by 13.61%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.7B | 1.9B | 1.8B |
| Avg | 1.6B | 1.7B | 1.7B |
| Low | 1.5B | 1.6B | 1.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 16.6% | 17.1% | 3.5% |
| Avg | 9.7% | 6.9% | 0.6% |
| Low | 1.5% | -1.8% | -3.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.67 | 6.75 | 5.75 |
| Avg | 5.12 | 5.81 | 5.59 |
| Low | 4.40 | 4.65 | 5.37 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 21.7% | 32.0% | -1.0% |
| Avg | 9.8% | 13.6% | -3.8% |
| Low | -5.6% | -9.1% | -7.6% |
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.