Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
- Analyst Ratings
Upturn AI SWOT - About
H&E Equipment Services Inc (HEES)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
03/27/2025: HEES (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Above Average Performance
These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.
Analysis of Past Performance
Type Stock | Historic Profit 4.06% | Avg. Invested days 42 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/27/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 3.49B USD | Price to earnings Ratio 28.3 | 1Y Target Price 85 |
Price to earnings Ratio 28.3 | 1Y Target Price 85 | ||
Volume (30-day avg) 932383 | Beta 1.93 | 52 Weeks Range 40.61 - 101.28 | Updated Date 03/31/2025 |
52 Weeks Range 40.61 - 101.28 | Updated Date 03/31/2025 | ||
Dividends yield (FY) 1.15% | Basic EPS (TTM) 3.35 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 8.11% | Operating Margin (TTM) 12.97% |
Management Effectiveness
Return on Assets (TTM) 5.05% | Return on Equity (TTM) 21.26% |
Valuation
Trailing PE 28.3 | Forward PE 25.58 | Enterprise Value 3721230767 | Price to Sales(TTM) 2.3 |
Enterprise Value 3721230767 | Price to Sales(TTM) 2.3 | ||
Enterprise Value to Revenue 2.45 | Enterprise Value to EBITDA 5.56 | Shares Outstanding 36613200 | Shares Floating 31055666 |
Shares Outstanding 36613200 | Shares Floating 31055666 | ||
Percent Insiders 12.75 | Percent Institutions 85.34 |
Analyst Ratings
Rating 3.83 | Target Price 64.5 | Buy - | Strong Buy 3 |
Buy - | Strong Buy 3 | ||
Hold 2 | Sell 1 | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
H&E Equipment Services Inc
Company Overview
History and Background
H&E Equipment Services Inc. was founded in 1961. Initially focused on crane rentals, it has expanded through organic growth and acquisitions to become a diversified equipment services company. It went public in 2006.
Core Business Areas
- Equipment Rentals: Rents a broad range of construction and industrial equipment, including earthmoving, material handling, and aerial work platform equipment.
- New Equipment Sales: Sells new equipment from various manufacturers, often complementing the rental fleet.
- Used Equipment Sales: Sells used equipment from its rental fleet and other sources.
- Parts Sales: Sells replacement parts and components for equipment.
- Repair and Maintenance Services: Provides repair and maintenance services for equipment, both in-house and on-site.
Leadership and Structure
The CEO is Brad Barber. The company operates with a regional structure, with branch locations across the US. Key departments include Operations, Sales, Finance, and HR.
Top Products and Market Share
Key Offerings
- Excavators (Rental/Sales): Excavators are a core product. Market share data is difficult to pinpoint precisely but H&E is a large player in the US equipment rental market. Competitors include United Rentals, Sunbelt Rentals, and Herc Rentals.
- Aerial Work Platforms (Rental/Sales): AWPs such as scissor lifts and boom lifts are a significant offering. Competitors include United Rentals, Sunbelt Rentals, and Herc Rentals.
- Cranes (Rental/Sales): H&E began with cranes and is still involved, but they make up a lower percentage of the business than previous years. Competitors include ALL Erection & Crane Rental Corp.
Market Dynamics
Industry Overview
The equipment rental industry is cyclical, tied to construction and industrial activity. Demand is driven by infrastructure projects, commercial construction, and energy sector activity. The industry is consolidating, with larger players gaining market share.
Positioning
H&E is a major player in the equipment rental and sales market. It has a strong presence in the Sun Belt region and is expanding nationally. Its competitive advantages include a large and diverse fleet, a strong branch network, and a focus on customer service.
Total Addressable Market (TAM)
The North American equipment rental market is estimated to be over $50 billion. H&E is positioned to capture a share of this market through organic growth and acquisitions.
Upturn SWOT Analysis
Strengths
- Large and diverse equipment fleet
- Extensive branch network
- Strong customer relationships
- Experienced management team
- Solid financial performance
Weaknesses
- Cyclical business model
- Dependence on construction and industrial activity
- High capital expenditures
- Exposure to economic downturns
- Inventory holding costs
Opportunities
- Expansion into new geographic markets
- Increased infrastructure spending
- Growth in the energy sector
- Consolidation in the equipment rental industry
- Technological advancements (telematics, etc.)
Threats
- Economic recession
- Decreased construction spending
- Increased competition
- Rising interest rates
- Supply chain disruptions
Competitors and Market Share
Key Competitors
- URI
- FTK
- HRI
Competitive Landscape
H&E competes with national and regional equipment rental companies. Its advantages include a strong branch network and diverse fleet. Disadvantages can include higher capital costs and reliance on cyclical industries.
Major Acquisitions
One Source Equipment Rentals
- Year: 2017
- Acquisition Price (USD millions): 130
- Strategic Rationale: Expanded H&E's presence in the Southeast and provided additional equipment and customer relationships.
Growth Trajectory and Initiatives
Historical Growth: H&E has grown both organically and through acquisitions. Historical growth has been tied to construction and industrial activity, with fluctuations during economic cycles.
Future Projections: Future growth is projected to be driven by infrastructure spending, energy sector activity, and continued market consolidation. Analyst estimates vary, but generally anticipate moderate revenue growth.
Recent Initiatives: Recent initiatives include expanding the branch network, investing in new equipment, and implementing technology to improve operational efficiency.
Summary
H&E Equipment Services is a significant player in the equipment rental and sales market with a large and diverse fleet. The company's cyclical business model exposes it to economic downturns, but strategic expansion and focus on customer service support long-term growth. Monitoring construction spending, interest rates, and competitive pressures is crucial for H&E. The company should continue focusing on regional expansion and market penetration.
Similar Companies
- URI
- FTK
- HRI
- ASO
Sources and Disclaimers
Data Sources:
- Company filings
- Industry reports
- Analyst estimates
- Company website
Disclaimers:
This analysis is based on publicly available information and is not financial advice. Market conditions are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About H&E Equipment Services Inc
Exchange NASDAQ | Headquaters Baton Rouge, LA, United States | ||
IPO Launch date 2006-01-31 | CEO & Director Mr. Bradley W. Barber | ||
Sector Industrials | Industry Rental & Leasing Services | Full time employees 2800 | Website https://www.he-equipment.com |
Full time employees 2800 | Website https://www.he-equipment.com | ||
H&E Equipment Services, Inc. operates as an integrated equipment services company in the United States and internationally. It operates in four segments: Equipment Rentals; Sales of Rental Equipment; Sales of New Equipment; and Parts, Service and Other Revenues. The Equipment Rentals segment provides construction and industrial equipment for rent on a daily, weekly, and monthly basis. Its Sales of Rental Equipment segment sells used equipment from its rental fleet. The Sales of New Equipment segment sells new construction equipment through a professional sales force. The Parts, Service and Other Revenues segment provides parts for its rental fleet; and maintenance and repair services to its rental fleet and customers' equipment at its facilities, as well as at customers' locations. This segment also sells parts for the equipment; and maintains a parts inventory. The company's rental fleet consists of aerial work platforms, earthmoving, material handling equipment, and other general and specialty lines. It serves industrial and commercial companies, construction contractors, manufacturers, public utilities, municipalities, maintenance contractors, and various other industrial account customers. H&E Equipment Services, Inc. was founded in 1961 and is headquartered in Baton Rouge, Louisiana.
Upturn is now on iOS and Android!
Experience Upturn on your mobile. Install it now!
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.