H&E Equipment Services (HEES) Stock Forecast & Price Target

$51.69

+0.31 (+0.60%)

(As of 05:32 PM ET)

H&E Equipment Services - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 5 Analyst Ratings

Sell
0

Hold
2

Buy
3

Based on 5 Wall Street analysts who have issued ratings for H&E Equipment Services in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 5 analysts, 2 have given a hold rating, and 3 have given a buy rating for HEES.

Consensus Price Target

$61.67
19.28% Upside

According to the 5 analysts' twelve-month price targets for H&E Equipment Services, the average price target is $61.67. The highest price target for HEES is $63.00, while the lowest price target for HEES is $60.00. The average price target represents a forecasted upside of 19.28% from the current price of $51.69.

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HEES Analyst Ratings Over Time

Type	Current Forecast 10/12/23 to 10/11/24	1 Month Ago 9/12/23 to 9/11/24	3 Months Ago 7/14/23 to 7/13/24	1 Year Ago 10/12/22 to 10/12/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	3 Buy rating(s)	3 Buy rating(s)	4 Buy rating(s)	3 Buy rating(s)
Hold	2 Hold rating(s)	2 Hold rating(s)	1 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$61.67	$61.67	$63.00	$62.33
Forecasted Upside	19.28% Upside	46.13% Upside	33.33% Upside	40.39% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Buy

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HEES Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

HEES Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

H&E Equipment Services Stock vs. The Competition

Type	H&E Equipment Services	Industrial Products Companies	S&P 500
Consensus Rating Score	2.60	2.59	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	20.02% Upside	36.58% Upside	7.31% Upside
News Sentiment Rating	Positive News See Recent HEES News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
8/14/2024	UBS Group 4 of 5 stars	Lower Target	Buy ➝ Buy	$63.00 ➝ $60.00	+33.19%
8/9/2024	KeyCorp 3 of 5 stars	Initiated Coverage	Sector Weight
7/31/2024	Stifel Nicolaus 4 of 5 stars	Lower Target	Buy ➝ Buy	$65.00 ➝ $62.00	+22.63%
6/28/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Market Perform
2/23/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$62.00 ➝ $63.00	+15.64%
7/28/2023	B. Riley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy	$47.00 ➝ $61.00	+30.54%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 05:53 PM ET.

HEES Forecast - Frequently Asked Questions

: According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for H&E Equipment Services is $61.67, with a high forecast of $63.00 and a low forecast of $60.00.
: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for H&E Equipment Services in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" HEES shares.
: According to analysts, H&E Equipment Services's stock has a predicted upside of 19.30% based on their 12-month stock forecasts.
: H&E Equipment Services has been rated by research analysts at KeyCorp, Stifel Nicolaus, and UBS Group in the past 90 days.
: Analysts like H&E Equipment Services more than other "industrial products" companies. The consensus rating score for H&E Equipment Services is 2.60 while the average consensus rating score for "industrial products" companies is 2.59. Learn more on how HEES compares to other companies.