Analyst Price Target is $61.25
▲ +10.82% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for H&E Equipment Services in the last 3 months. The average price target is $61.25, with a high forecast of $63.00 and a low forecast of $60.00. The average price target represents a 10.82% upside from the last price of $55.27.
Current Consensus is
Moderate Buy
The current consensus among 6 contributing investment analysts is to moderate buy stock in H&E Equipment Services. This rating has held steady since June 2024, when it changed from a Buy consensus rating.
H&E Equipment Services, Inc. operates as an integrated equipment services company in the United States. The company operates in five segments: Equipment Rentals, Sales of Rental Equipment, Sales of New Equipment, Parts Sales, and Repair and Maintenance Services. The Equipment Rentals segment provides construction and industrial equipment for rent on a daily, weekly, and monthly basis. The Sales of Rental Equipment segment sells used equipment from its rental fleet. The Sales of New Equipment segment sells new construction equipment through a professional sales force. The Parts Sales segment provides parts to its rental fleet and sells parts for the equipment, as well as maintains parts inventory. The Repair and Maintenance Services segment provides maintenance and repair services to its rental fleet and customers' equipment at its facilities, as well as at customers' locations. It also provides ancillary equipment support activities, including transportation, hauling, parts shipping, and loss damage waivers. The company's rental fleet consists of aerial work platforms, cranes, earthmoving and material handling equipment, and other general and specialty lines. It serves industrial and commercial companies, construction contractors, manufacturers, public utilities, municipalities, maintenance contractors, and various other industrial account customers. H&E Equipment Services, Inc. was founded in 1961 and is headquartered in Baton Rouge, Louisiana.
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