In addition to John Engquist, 3 other HEES executives reported Buy trades in the last month. This recent transaction increases John Engquist’s holding in the company by 1.23% to a total of $38.61 million.
The company has a one year high of $21.48 and a one year low of $10.12. HEES’s market cap is $496M and the company has a P/E ratio of 13.41. Currently, H&E Equipment Services has an average volume of 812.7K.
Three different firms, including KeyBanc and Societe Generale, currently also have a Buy rating on the stock.
In the last 30 days, insiders have sold $15.14K worth of HEES shares and purchased $691.1K worth of HEES shares. The insider sentiment on H&E Equipment Services has been positive according to 26 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
H&E Equipment Services, Inc. provides integrated equipment services in the United States focused on heavy construction and industrial equipment. It rents, sells and provides parts and service support for four core categories of specialized equipment: hi-lift or aerial work platform equipment; cranes; earthmoving equipment; and industrial lift trucks. The company operates its business through five segments: Equipment Rentals, New Equipment Sales, Used Equipment Sales, Parts Sales and Repair & Maintenance Services. The Equipment Rentals segment primarily rents its four core types of construction and industrial equipment. The New Equipment Sales segment sells new equipment in all of its four core product categories. The Used Equipment Sales segment sales are generated primarily from sales of used equipment from its rental fleet, as well as from sales of inventoried equipment that are acquired through trade-ins from its equipment customers and through selective purchases of high quality used equipment. The Parts Sales segment business sells new and used parts for the equipment it sells and also provides parts to its rental fleet. The Repair & Maintenance Services segment provides maintenance and repair services for its customer’s equipment and to its own rental fleet at its facilities as well as at its customers locations. H&E Equipment was founded on February 3, 2006 and is headquartered in Baton Rouge, LA.