H&E Equipment Services Inc (HEES) kicked off at the price of $53.02: Venture capitalists have an exciting new opportunity

On Tuesday, H&E Equipment Services Inc (NASDAQ: HEES) was -6.31% drop from the session before settling in for the closing price of $56.59. A 52-week range for HEES has been $39.79 – $66.18.

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During the last 5-year period, the sales growth of Industrials Sector giant was 4.84%. When this article was written, the company’s average yearly earnings per share was at -25.27%. With a float of $31.93 million, this company’s outstanding shares have now reached $36.45 million.

Let’s determine the extent of company efficiency that accounts for 2765 employees. In terms of profitability, gross margin is 44.56%, operating margin of 17.68%, and the pretax margin is 13.94%.

H&E Equipment Services Inc (HEES) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward H&E Equipment Services Inc stocks. The insider ownership of H&E Equipment Services Inc is 12.58%, while institutional ownership is 78.10%. The most recent insider transaction that took place on Mar 26 ’24, was worth 788,242. In this transaction CEO of this company sold 12,425 shares at a rate of $63.44, taking the stock ownership to the 196,653 shares. Before that another transaction happened on Mar 22 ’24, when Company’s CEO sold 11,483 for $63.42, making the entire transaction worth $728,252. This insider now owns 210,170 shares in total.

H&E Equipment Services Inc (HEES) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around -25.27% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.31% during the next five years compared to 16.90% growth over the previous five years of trading.

H&E Equipment Services Inc (NASDAQ: HEES) Trading Performance Indicators

You can see what H&E Equipment Services Inc (HEES) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.38. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.26.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.44, a number that is poised to hit 0.89 in the next quarter and is forecasted to reach 4.13 in one year’s time.

Technical Analysis of H&E Equipment Services Inc (HEES)

Looking closely at H&E Equipment Services Inc (NASDAQ: HEES), its last 5-days average volume was 0.46 million, which is a jump from its year-to-date volume of 0.27 million. As of the previous 9 days, the stock’s Stochastic %D was 70.17%. Additionally, its Average True Range was 1.92.

During the past 100 days, H&E Equipment Services Inc’s (HEES) raw stochastic average was set at 75.33%, which indicates a significant increase from 39.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.60% in the past 14 days, which was higher than the 40.47% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $48.70, while its 200-day Moving Average is $51.17. However, in the short run, H&E Equipment Services Inc’s stock first resistance to watch stands at $54.09. Second resistance stands at $55.16. The third major resistance level sits at $56.79. If the price goes on to break the first support level at $51.39, it is likely to go to the next support level at $49.76. Now, if the price goes above the second support level, the third support stands at $48.69.

H&E Equipment Services Inc (NASDAQ: HEES) Key Stats

There are 36,523K outstanding shares of the company, which has a market capitalization of 1.94 billion. As of now, sales total 1,469 M while income totals 169,290 K. Its latest quarter income was 376,280 K while its last quarter net income were 33,260 K.