HEES Stock Intrinsic Value – Stifel Nicolaus Sets New $59.00 Target Price for H&E Equipment Services

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Stifel Nicolaus has set a price target of $59.00 for H&E ($NASDAQ:HEES) Equipment Services, a leading provider of integrated equipment services in the United States. The company is a full-service rental and sales dealer for a wide range of products, including construction and industrial equipment, trucks, cranes, and related parts and services. In addition to its equipment rental and sales business, H&E also provides parts and services that allow customers to keep their equipment running safely and efficiently. The company offers customers access to its network of repair centers, service technicians, parts stores, and technical support staff to ensure that customers have access to the best maintenance and repair services available. With its extensive network of resources, H&E Equipment Services is able to offer quality service and support to its customers.

Furthermore, H&E Equipment Services offers financing options to help customers purchase the equipment they need. This allows customers to manage their cash flow more efficiently while still getting the equipment they need. Through its wide variety of services, H&E Equipment Services helps customers maximize their productivity and profitability. With its extensive network of resources, quality service and support, and financing options, H&E Equipment Services is well-positioned to continue to grow and succeed in the future.

Market Price

This new target price reflects the company’s strong expected performance and value in the future. Stifel Nicolaus analysts believe that H&E Equipment Services’ proactive efforts to expand its services, introduce new technologies, and focus on customer satisfaction will result in continued growth and success. Investors are optimistic about the potential upside of the stock and the recent price target signifies a positive outlook for the company. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for HEES. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for HEES. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for HEES. More…

Key Ratios Snapshot

Some of the financial key ratios for HEES are shown below. More…

Analysis – HEES Stock Intrinsic Value

At GoodWhale, we have conducted an analysis of H&E EQUIPMENT SERVICES’s wellbeing. Our proprietary Valuation Line has determined that the intrinsic value of H&E EQUIPMENT SERVICES share is around $45.7, indicating that the current market price of $53.7 is a fair price, yet overvalued by 17.4%. It is important to note that this valuation is just an estimate and should not be taken as a definitive measure of the company’s worth. More…

Peers

H&E Equipment Services Inc is a publicly traded company on the NASDAQ that provides heavy equipment rental and sales services. The company operates in North America and has around 700 locations. The company’s competitors are Hing Ming Holdings Ltd, Ritchie Bros Auctioneers Inc, and Toa Corp.

– Hing Ming Holdings Ltd ($SEHK:08425)

Hing Ming Holdings Ltd is a company that focuses on the production of quality electrical products. The company has a market capitalization of $94 million as of 2022 and a return on equity of 1.61%. Hing Ming Holdings Ltd has been in business for over 40 years and is a publicly traded company. The company’s products are used in a variety of industries, including the automotive, construction, and industrial sectors.

– Ritchie Bros Auctioneers Inc ($TSX:RBA)

Ritchie Bros. Auctioneers Inc. is a Canadian industrial auctioneer and multinational corporation. The company sells industrial equipment and trucks through its live and online auctions. It also sells other types of equipment through its online marketplace, IronPlanet. Ritchie Bros. has offices in over 20 countries, including the United States, Canada, the United Kingdom, Australia, and Dubai. The company was founded in 1958 and is headquartered in Vancouver, Canada.

Ritchie Bros. Auctioneers Inc. has a market cap of 9.68B as of 2022. The company’s return on equity is 22.0%. Ritchie Bros. is a Canadian industrial auctioneer and multinational corporation. The company sells industrial equipment and trucks through its live and online auctions. It also sells other types of equipment through its online marketplace, IronPlanet. Ritchie Bros. has offices in over 20 countries, including the United States, Canada, the United Kingdom, Australia, and Dubai.

– Toa Corp ($TSE:6809)

Toa Corp is a Japanese engineering and construction company. It is the largest construction company in Japan and one of the largest in the world. The company was founded in 1892 and has its headquarters in Tokyo. Toa Corp has a market cap of 25.35B as of 2022 and a Return on Equity of 4.1%. The company is involved in the construction of buildings, roads, bridges, and other infrastructure. It also has a real estate division that develops and manages properties.

Summary

Investment analysts at Stifel Nicolaus recently set a new price target of $59.00 for shares of H&E Equipment Services. Following this announcement, the stock price of H&E Equipment Services rose significantly on the same day. Analysts expect the company to see positive returns in the future, based on its consistent growth of revenue and strong cash flow from operations. H&E Equipment Services has demonstrated a history of strong financials, as well as a commitment to quality customer service.

In addition, recent investments in new technologies and product lines have allowed the company to remain competitive in a rapidly-evolving market. Currently, investors are optimistic about the prospects of H&E Equipment Services and anticipate further increases in stock price in the near future.