H&E Equipment Services Inc (NASDAQ: HEES) is 87.85% higher on its value in year-to-date trading and has touched a low of $40.92 and a high of $101.28 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HEES stock was last observed hovering at around $91.68 in the last trading session, with the day’s gains setting it 0.29%.
Currently trading at $91.97, the stock is 1.65% and -0.84% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.39 million and changing 0.32% at the moment leaves the stock 36.17% off its SMA200. HEES registered 91.33% gain for a year compared to 6-month gain of 77.14%.
The stock witnessed a -1.78% loss in the last 1 month and extending the period to 3 months gives it a 5.23%, and is 1.38% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 0.82% over the week and 1.25% over the month.
H&E Equipment Services Inc (HEES) has around 2800 employees, a market worth around $3.37B and $1.46B in sales. Current P/E ratio is 36.93 and Fwd P/E is 27.21. Profit margin for the company is 6.21%. Distance from 52-week low is 124.73% and -9.19% from its 52-week high. The company has generated returns on investments over the last 12 months (4.11%).
The EPS is expected to shrink by -31.16% this year.
H&E Equipment Services Inc (HEES) Top Institutional Holders
The shares outstanding are 36.67M, and float is at 31.99M with Short Float at 5.72%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 3.82 million shares valued at $168.62 million. The investor’s holdings represent 10.5318% of the HEES Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 2.83 million shares valued at $125.05 million to account for 7.8105 of the shares outstanding. The other top investors are CLEARBRIDGE INVESTMENTS, LLC which holds 2.27 million shares representing 6.2652% and valued at over $100.31 million, while MACQUARIE GROUP LTD holds 6.109 of the shares totaling 2.21 million with a market value of $97.81 million.
H&E Equipment Services Inc (HEES) Insider Activity
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