From MarketBeat:

H&E Equipment Services, Inc. (NASDAQ:HEES) saw a 41.6% increase in short interest in December, totaling 714,700 shares, comprising 2.2% of the company’s shares. The days-to-cover ratio is currently 3.3 days.

A number of analysts raised their price targets on H&E Equipment Services. The price target was increased to $59.00, and the company was given a “buy” rating.

Several institutional investors, such as Vanguard Group Inc. and BlackRock Inc., have increased their shares of H&E Equipment Services, owning 76.15% of the stock.

H&E Equipment Services has a 52-week low of $32.33 and a 52-week high of $56.47. The company reports a market capitalization of $1.91 billion and an average trading volume of 245,151 shares.

H&E Equipment Services last announced earnings data on October 26th, with $1.46 earnings per share, beating consensus estimates of $1.31, with a quarterly revenue of $400.70 million.

The company declared a quarterly dividend, worth $0.275 per share, with an annualized dividend yield of 2.10%.

H&E Equipment Services operates as an integrated equipment services company, with five segments: Equipment Rentals, Used Equipment Sales, New Equipment Sales, Parts Sales, and Repair and Maintenance Services.

Although H&E Equipment Services has a “Buy” rating among analysts, top-rated analysts are recommending five other stocks over H&E Equipment Services, viewable on MarketBeat.



Read more: H&E Equipment Services, Inc. (NASDAQ:HEES) Short Interest Up 41.6% in December