H&E Equipment Services (HEES) Expected to Announce Earnings on Thursday

H&E Equipment Services (NASDAQ:HEES - Get Free Report) will likely be announcing its earnings results before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $0.81 per share and revenue of $372.50 million for the quarter.

H&E Equipment Services Price Performance

Shares of H&E Equipment Services stock traded down $1.96 during trading on Friday, reaching $98.40. 455,418 shares of the company's stock were exchanged, compared to its average volume of 1,441,888. The company has a debt-to-equity ratio of 2.09, a quick ratio of 0.59 and a current ratio of 0.64. H&E Equipment Services has a 1-year low of $40.92 and a 1-year high of $101.28. The company has a market cap of $3.60 billion, a P/E ratio of 24.97 and a beta of 1.93. The firm's 50-day moving average price is $71.73 and its 200 day moving average price is $58.39.

H&E Equipment Services Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, February 24th. Stockholders of record on Tuesday, February 18th will be issued a dividend of $0.275 per share. The ex-dividend date is Tuesday, February 18th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 1.12%. H&E Equipment Services's dividend payout ratio (DPR) is currently 27.92%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on HEES shares. UBS Group reissued a "neutral" rating and set a $92.00 price target (up previously from $60.00) on shares of H&E Equipment Services in a report on Friday, January 17th. B. Riley reaffirmed a "buy" rating and issued a $60.00 target price (down previously from $62.00) on shares of H&E Equipment Services in a report on Wednesday, October 30th. Finally, StockNews.com assumed coverage on H&E Equipment Services in a report on Monday. They issued a "hold" rating for the company. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, H&E Equipment Services presently has an average rating of "Hold" and a consensus price target of $69.25.

H&E Equipment Services Company Profile

H&E Equipment Services, Inc engages in the provision of equipment services, which focus on heavy construction and industrial equipment. It operates through the following segments: Equipment Rentals, New Equipment Sales, Used Equipment Sales, Parts Sales, and Services. The Equipment Rentals segment focuses on renting construction and industrial equipment.