He Equipment Services Stock Today

HEES Stock  USD 59.33  0.94  1.56%   

Performance

11 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 3

 
High
 
Low
Very Low
HE Equipment is selling for under 59.33 as of the 28th of November 2024; that is 1.56 percent decrease since the beginning of the trading day. The stock's lowest day price was 59.31. HE Equipment has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for HE Equipment Services are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
31st of January 2006
Category
Industrials
HE Equipment Services, Inc. operates as an integrated equipment services company. HE Equipment Services, Inc. was founded in 1961 and is headquartered in Baton Rouge, Louisiana. HE Equip operates under Rental Leasing Services classification in the United States and is traded on NASDAQ Exchange. The company has 36.61 M outstanding shares of which 1.18 M shares are currently shorted by private and institutional investors with about 3.95 trading days to cover. More on HE Equipment Services

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HEES Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOJohn Engquist
Thematic IdeaRentals (View all Themes)
Business ConcentrationTrading Companies & Distributors, Rental & Leasing Services, Industrials, NASDAQ Composite, Rentals, Industrials, Trading Companies & Distributors, Rental & Leasing Services, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.920.5565
Way Up
Slightly volatile
Gross Profit Margin0.260.4659
Way Down
Slightly volatile
Total Current Liabilities192.5 M186.3 M
Sufficiently Up
Pretty Stable
Non Current Liabilities TotalB1.9 B
Sufficiently Up
Slightly volatile
Total Assets2.8 B2.6 B
Sufficiently Up
Slightly volatile
Total Current Assets292.4 M374.6 M
Significantly Down
Slightly volatile
Total Cash From Operating Activities425.8 M405.5 M
Sufficiently Up
Slightly volatile
Debt Levels
HE Equipment can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand HE Equipment's financial leverage. It provides some insight into what part of HE Equipment's total assets is financed by creditors.
Liquidity
HE Equipment Services currently holds 1.61 B in liabilities with Debt to Equity (D/E) ratio of 4.34, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. HE Equipment Services has a current ratio of 2.96, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about HE Equipment's use of debt, we should always consider it together with its cash and equity.

Total Cash From Financing Activities

136.97 Million
HE Equipment Services (HEES) is traded on NASDAQ Exchange in USA. It is located in 7500 Pecue Lane, Baton Rouge, LA, United States, 70809 and employs 2,765 people. HE Equipment is listed under Trading Companies & Distributors category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.21 B. HE Equipment Services conducts business under Trading Companies & Distributors sector and is part of Industrials industry. The entity has 36.61 M outstanding shares of which 1.18 M shares are currently shorted by private and institutional investors with about 3.95 trading days to cover. HE Equipment Services currently holds about 278.83 M in cash with 405.48 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.8.
Check HE Equipment Probability Of Bankruptcy
Ownership Allocation
HE Equipment Services secures a total of 36.61 Million outstanding shares. The majority of HE Equipment Services outstanding shares are owned by institutions. These other corporate entities are usually referred to as non-private investors looking to purchase positions in HE Equipment Services to benefit from reduced commissions. Hence, outside corporations are subject to a different set of regulations than regular investors in HE Equipment Services. Please pay attention to any change in the institutional holdings of HE Equipment as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company retains, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check HEES Ownership Details

HEES Stock Institutional Holders

InstituionRecorded OnShares
Hhg Plc2024-06-30
578.2 K
Charles Schwab Investment Management Inc2024-09-30
571.9 K
Amvescap Plc.2024-06-30
495.6 K
Cooke & Bieler Lp2024-09-30
487.2 K
Mirae Asset Global Etfs Holdings Ltd.2024-06-30
430.1 K
Abrdn Plc2024-09-30
338.9 K
Goldman Sachs Group Inc2024-06-30
320.9 K
Wells Fargo & Co2024-06-30
313.1 K
Northern Trust Corp2024-09-30
302.6 K
Vanguard Group Inc2024-09-30
3.8 M
Blackrock Inc2024-06-30
2.8 M
View HE Equipment Diagnostics

HE Equipment Historical Income Statement

At this time, HE Equipment's Income Tax Expense is comparatively stable compared to the past year. Net Income From Continuing Ops is likely to gain to about 177.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 216.8 M in 2024. View More Fundamentals

HEES Stock Against Markets

HE Equipment Corporate Executives

Elected by the shareholders, the HE Equipment's board of directors comprises two types of representatives: HE Equipment inside directors who are chosen from within the company, and outside directors, selected externally and held independent of HEES. The board's role is to monitor HE Equipment's management team and ensure that shareholders' interests are well served. HE Equipment's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, HE Equipment's outside directors are responsible for providing unbiased perspectives on the board's policies.
Leslie CPACFO SecretaryProfile
Leslie MageeCFO, Principal Accounting Officer and SecretaryProfile
Bradley BarberPres and COOProfile

Additional Tools for HEES Stock Analysis

When running HE Equipment's price analysis, check to measure HE Equipment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HE Equipment is operating at the current time. Most of HE Equipment's value examination focuses on studying past and present price action to predict the probability of HE Equipment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HE Equipment's price. Additionally, you may evaluate how the addition of HE Equipment to your portfolios can decrease your overall portfolio volatility.