News headlines about H&E Equipment Services (NASDAQ:HEES) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative 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 news impact score of 0.11 on Accern’s scale. Accern also gave news headlines about the industrial products company an impact score of 47.0520258679981 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the news headlines that may have effected Accern’s rankings:
- Reviewing H&E Equipment Services (HEES) & CBIZ (CBZ) (americanbankingnews.com)
- Alamo’s Investment Appeal Rises on Solid Growth Potential (msn.com)
- BRIEF-H&E Equipment Services Extends Existing $602.5 Mln Senior Secured Credit Facility With Wells Fargo Capital Finance (HEES) (markets.businessinsider.com)
- Alamo’s Investment Appeal Rises on Solid Growth Potential – Nasdaq (nasdaq.com)
A number of equities research analysts have commented on HEES shares. Bank of America started coverage on shares of H&E Equipment Services in a research note on Tuesday, September 26th. They set a “buy” rating and a $33.00 target price on the stock. ValuEngine cut shares of H&E Equipment Services from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Zacks Investment Research cut shares of H&E Equipment Services from a “buy” rating to a “hold” rating in a research note on Wednesday, October 4th. UBS Group raised their target price on shares of H&E Equipment Services from $16.00 to $17.00 and gave the stock a “sell” rating in a research note on Friday, October 27th. Finally, Buckingham Research started coverage on shares of H&E Equipment Services in a research note on Tuesday, November 21st. They set a “buy” rating and a $39.00 target price on the stock. One analyst has rated the stock with a sell rating, five have issued a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $31.40.
H&E Equipment Services (NASDAQ:HEES) last announced its quarterly earnings data on Thursday, October 26th. The industrial products company reported $0.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.44 by $0.32. H&E Equipment Services had a net margin of 3.69% and a return on equity of 38.83%. The business had revenue of $259.16 million during the quarter, compared to analyst estimates of $252.94 million. During the same period last year, the firm posted $0.33 EPS. The company’s revenue was up 5.9% on a year-over-year basis. equities research analysts expect that H&E Equipment Services will post 1.6 EPS for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Monday, December 11th. Shareholders of record on Monday, November 20th were issued a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a yield of 2.71%. The ex-dividend date of this dividend was Friday, November 17th. H&E Equipment Services’s dividend payout ratio (DPR) is currently 107.84%.
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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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