News coverage about H&E Equipment Services (NASDAQ:HEES) has trended positive this week, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. H&E Equipment Services earned a coverage optimism score of 0.27 on Accern’s scale. Accern also gave news stories about the industrial products company an impact score of 45.5647978578107 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
H&E Equipment Services (NASDAQ:HEES) traded up 3.16% on Friday, hitting $23.17. The stock had a trading volume of 346,392 shares. The stock has a market cap of $815.00 million, a price-to-earnings ratio of 20.89 and a beta of 2.55. The stock’s 50 day moving average is $20.68 and its 200 day moving average is $22.55. H&E Equipment Services has a one year low of $12.72 and a one year high of $27.54.
H&E Equipment Services (NASDAQ:HEES) last posted its quarterly earnings data on Thursday, July 27th. The industrial products company reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.07. The business had revenue of $249.40 million for the quarter, compared to analyst estimates of $237.81 million. H&E Equipment Services had a return on equity of 28.14% and a net margin of 3.96%. The business’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.21 earnings per share. Analysts anticipate that H&E Equipment Services will post $1.18 earnings per share for the current year.
Several research firms have recently commented on HEES. Royal Bank Of Canada reiterated a “buy” rating on shares of H&E Equipment Services in a report on Friday, July 28th. BidaskClub upgraded H&E Equipment Services from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 1st. UBS AG reiterated a “sell” rating and set a $16.00 price target (up previously from $15.00) on shares of H&E Equipment Services in a report on Monday, July 31st. Finally, Zacks Investment Research upgraded H&E Equipment Services from a “sell” rating to a “hold” rating in a report on Saturday, June 10th.
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H&E Equipment Services Company Profile
H&E Equipment Services, Inc is an integrated equipment services company. The Company is focused on heavy construction and industrial equipment. As of December 31, 2016, the Company rented, sold and provided parts and services support for four core categories of specialized equipment: hi-lift or aerial work platform equipment; cranes; earthmoving equipment, and industrial lift trucks.
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