News articles about H&E Equipment Services (NASDAQ:HEES) have been trending somewhat positive on Thursday, Accern Sentiment reports. Accern rates the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. H&E Equipment Services earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned press coverage about the industrial products company an impact score of 45.6480719704398 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news stories that may have effected Accern Sentiment’s rankings:
- Huron Consulting Group (HURN) & H&E Equipment Services (HEES) Critical Survey (americanbankingnews.com)
- Berko: Thumbs-up for H&E Equipment Services – The Columbian (columbian.com)
- US Q3 GDP Hits Best Level Since 2014: Top 5 Gainers – Nasdaq (nasdaq.com)
- MALCOLM BERKO: Markets are right for H&E Equipment to go higher (nwfdailynews.com)
A number of analysts have weighed in on the company. Zacks Investment Research upgraded H&E Equipment Services from a “hold” rating to a “strong-buy” rating and set a $26.00 price target for the company in a report on Wednesday, August 9th. BidaskClub downgraded H&E Equipment Services from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, August 9th. UBS raised their target price on H&E Equipment Services from $16.00 to $17.00 and gave the company a “sell” rating in a research note on Friday, October 27th. Buckingham Research began coverage on H&E Equipment Services in a research note on Tuesday, November 21st. They issued a “buy” rating and a $39.00 target price for the company. Finally, ValuEngine downgraded H&E Equipment Services from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. One analyst has rated the stock with a sell rating, one has given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $31.40.
H&E Equipment Services (NASDAQ:HEES) last issued its earnings results on Thursday, October 26th. The industrial products company reported $0.76 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.44 by $0.32. The company had revenue of $259.16 million during the quarter, compared to the consensus estimate of $252.94 million. H&E Equipment Services had a return on equity of 38.83% and a net margin of 3.69%. The firm’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period last year, the business posted $0.33 EPS. analysts anticipate that H&E Equipment Services will post 1.6 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Monday, December 11th. Stockholders of record on Monday, November 20th will be paid a $0.275 dividend. The ex-dividend date of this dividend is Friday, November 17th. This represents a $1.10 annualized dividend and a dividend yield of 3.07%. H&E Equipment Services’s dividend payout ratio is presently 107.84%.
About H&E Equipment Services
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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