H&E Equipment Services, Inc. (HEES) Stock: A Strong Pick In The Service Industry? – iWatch Markets

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H&E Equipment Services, Inc. (HEES) is making a move down in the market in today’s trading session. The stock, focused on the service sector, is currently trading at $27.57 after falling -5.58% so far today. When it comes to service stocks, there are quite a few aspects that have the ability to cause movement in the market. News tends to be one of the biggest reasons for the movement. Here are the recent trending headlines associated with HEES:

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Nonetheless, any time investors are making an investing decision, prospective investors should look at far more than news, especially in the ever highly complex service sector. Here’s what’s happing when it comes to H&E Equipment Services, Inc..

Recent Movement From HEES

While a single session decline, like the move that we’re seeing from H&E Equipment Services, Inc. might lead to fear in some investors, a single session move alone shouldn’t be the basis of a decision to, or not to, invest in a stock. It’s always smart to take a look at trends beyond a single session. When it comes to HEES, here are the movements that we’ve seen:

  • Past Seven Days – Over the last week, HEES has generated a change in price that amounts to -3.60%.
  • Monthly – The ROI from H&E Equipment Services, Inc. over the past 30 days has been 9.20%.
  • Past Quarter – Throughout the past quarter, the company has produced a return on investment of 11.54%
  • Past 6 Months – In the past 6 months, we’ve seen a change that equates to 19.92% from the stock.
  • This Year So Far – Since the close of last year HEES has produced a return of 43.00%.
  • Annually – Lastly, over the last year, investors have seen a change that comes to -21.55% out of HEES. Throughout this period, the stock has traded at a high of -31.74% and a low price of 52.15%.

Ratios Worth Paying Attention To

Digging into various key ratios associated with a stock generally gives traders a view of just how dangerous and/or potentially profitable a an investment option may be. Here are some of the key ratios to look at when digging into HEES.

Short Ratio – The short ratio is a measure of short interest. As the ratio goes higher, it shows that more investors believe that the value of the stock is headed for declines. In general, strong service stocks tend to come with a lower short ratio. On the other hand, we tend to see quite a few short squeezes in the sector. Nonetheless, as it relates to H&E Equipment Services, Inc., it’s short ratio clocks in at 5.44.

Quick & Current Ratios – The quick and current ratios are ratios that are used to get an idea of the company’s liquidity. Basically, they measure whether or not a company can pay for its debts as they mature based on quick assets or current assets. come with positive quick and current ratios. In terms of HEES, the quick and current ratios add up to 0 and 0 respectively.  

Book To Share Value – The book to share value ratio compares the the share price to the book value of assets owned by the company. In the case of H&E Equipment Services, Inc., the book to share value ratio equates to 7.32.

Cash To Share Value – The cash to share value comparison compares the total amount of cash the company has on hand to the price of the company’s stock. In this case, the cash to share value ratio is 0.18.

Moves From Big Money Players

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in HEES, here’s what we’re seeing:

Institutions own 73.80% of the company. Institutional interest has moved by 0.67% over the past three months. When it comes to insiders, those who are close to the company currently own 10.70% percent of HEES shares. Institutions have seen ownership changes of an accumulative 0.98% over the last three months.

How Analysts Feel About H&E Equipment Services, Inc.

While it’s never a good idea to unknowingly follow the opinions of analysts, it is a smart idea to use their analysis when validating your own thoughts before making investment decisions in the service sector. Below you’ll find the recent moves that we have seen from analysts when it comes to HEES.

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Apr-29-19 Reiterated BofA/Merrill Buy $32 → $35
Mar-29-19 Initiated Longbow Buy $34
Feb-16-18 Initiated Stifel Buy $46
Sep-26-17 Initiated BofA/Merrill Buy $33
Jan-15-16 Upgrade Longbow Neutral → Buy

What We’ve Seen In Financial Results

What have ween seen from HEES in terms of financial results?Here is the data:

  • Analyst Expectations – As it stands, Wall St. analysts are expecting that H&E Equipment Services, Inc. will report EPS in the amount of 2.47, with 0.59 to be announced in the next financial report. Although this is not based on earnings, because we are chatting about analysts, HEES is currently rated a 1.70 considering a scale that ranges from 1 to 5 on which 1 is the worst possible Wall Street analyst grade and 5 is the best possible.
  • 5-Year Sales – Over the last 5 years, H&E Equipment Services, Inc. has announced a change in revenue that comes to a total of 4.60%. Earnings per diluted share through the last half decade have generated movement in the amount of 11.20%.
  • Quarter Over Quarter – In terms of quarter over quarter data, or Q/Q data as it is commonly represented in the human world, H&E Equipment Services, Inc. has created a change in earnings that comes to a total of 49.90%. The company has also moved the needle when it comes to revenue that totals 20.40%.

Looking At Share Counts

Traders seem to like to know the amounts of shares both available and outstanding. When it comes to H&E Equipment Services, Inc., currently there are 36.18M and there is a float of 31.66M. These data mean that of the total of 36.18M shares of HEES in existence today, 31.66M are available to trade hands in the public space.

I also like to look at the short percent. Think about it, if a large percentage of the float is sold short, the overall feeling among traders is that the equity is headed for a deep dive. With regard to HEES, the percentage of the float that is shorted currently sits at 4.05%. Most traders believe that a high short percent of the float would be considered to be anything over 40%. Through my work, I’ve found that anything over 26% is probably going to be a play that comes with hefty risk.

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