In yesterday’s Wall Street session, H&E Equipment Services Inc (NASDAQ:HEES) shares traded at $89.00, down -1.43% from the previous session.
HEES stock price is now 59.45% away from the 50-day moving average and 74.01% away from the 200-day moving average. The market capitalization of the company currently stands at $3.26B.
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, while ‘B. Riley Securities’ rates the stock as ‘Buy’
In other news, Barber Bradley W, CEO sold 12,425 shares of the company’s stock on Mar 26 ’24. The stock was sold for $788,242 at an average price of $63.44. Upon completion of the transaction, the CEO now directly owns 196,653 shares in the company, valued at $17.5 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 22 ’24, CEO Barber Bradley W sold 11,483 shares of the business’s stock. A total of $728,252 was realized by selling the stock at an average price of $63.42. This leaves the insider owning 210,170 shares of the company worth $18.71 million. A total of 12.55% of the company’s stock is owned by insiders.
During the past 12 months, H&E Equipment Services Inc has had a low of $40.92 and a high of $90.66. As of last week, the company has a debt-to-equity ratio of 2.95, a current ratio of 1.56, and a quick ratio of 1.45. The fifty day moving average price for HEES is $55.0836 and a two-hundred day moving average price translates $51.0238 for the stock.
The latest earnings results from H&E Equipment Services Inc (NASDAQ: HEES) was released for 2024-09-30. The net profit margin was 9.47% and return on equity was 26.49% for HEES. The company reported revenue of $384.86 million for the quarter, compared to $400.7 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -3.95 percent.
