H&E Equipment Services Inc (NASDAQ: HEES) suffers from exceptional negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, and negative upside/downside volume developed.
H&E Equipment Services Inc (NASDAQ: HEES) suffers from notable negative changes in fundamentals: the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, HEES is expected to continue to be a major Value Builder.
H&E Equipment Services has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. H&E Equipment Services has a slightly positive Appreciation Score of 61 and a very high Power Rating of 85, resulting in the Highest Value Trend Rating.
Recent Price Action
On 5/3/24, H&E Equipment Services Inc (NASDAQ: HEES) stock declined slightly by -0.9%, closing at $46.65. Moreover, this decline was accompanied by unusually high trading volume at 166% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -20.4% during the last week.
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