WallStreetZenWallStreetZen

How to Buy H&E Equipment Services Stock

H&E Equipment Services Inc

H&E Equipment Services, Inc. operates as an integrated equipment services company.

H&E Equipment Services stock last closed at $47.05, up 5.05% from the previous day, and has increased 33.93% in one year. It has underperformed other stocks in the Rental & Leasing Services industry by 0.01 percentage points. H&E Equipment Services stock is currently +45.53% from its 52-week low of $32.33, and -28.9% from its 52-week high of $66.18.

At the moment, there are 36.53M shares of HEES outstanding. The market cap of HEES is $1.72B. In the last 24 hours, 632,485 HEES shares were traded.

How to Buy H&E Equipment Services Stock

Wondering how to invest in H&E Equipment Services stock? Here's how.
  1. Decide where to buy H&E Equipment Services stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you decide where to buy H&E Equipment Services stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Put funds into your investment account: Select your payment method and add your info.
  4. Evaluate H&E Equipment Services stock: The H&E Equipment Services ticker symbol is HEES. Is H&E Equipment Services stock a good investment? Should you buy shares of HEES? How do HEES's underlying business fundamentals look? Do top analysts think H&E Equipment Services is a good buy? Why has HEES's stock price moved recently? (Hint: Our stock market analysis website can help you decide if HEES is a good stock to buy).
  5. Make your HEES purchase: Decide if you will purchase HEES shares at the current market price or use a limit order to purchase HEES shares at a particular price.
  6. Keep tabs on your HEES position: Create a watchlist to the latest updates on your new investment in H&E Equipment Services stock.

Step 1: Decide where to buy H&E Equipment Services stock

You need an online brokerage account to access the NASDAQ market and buy HEES stock.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

Our recommended brokerage: eToro

Based on our experience, eToro is the best place to buy stocks. Here's why:

  • Invest in stocks with 0% commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
  • Access to global markets: From Technology to Financial Services, New York to London — you can fill your portfolio with stocks from the globe's top stock exchanges.
  • Social investing: eToro boasts a community of more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other financial assets: Such as ETFs and cryptos.

Get $10 towards your stock purchase by opening an account with eToro today.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Create a brokerage account

Now that you've picked the best brokerage, the next step is to fill out some personal details so you are able to buy HEES today.

How to Create a New Investment Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Enter your personal info to create a new brokerage account.
  1. Submit your application by clicking the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Put funds into your investment account

Now that you've finished signing up on stock market apps, your next step is to transfer the money for your investment:

Watch the tutorial below to see the process of depositing funds into your investment account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Evaluate H&E Equipment Services stock

Once you have figured out the best place to buy H&E Equipment Services stock, it's absolutely critical to evaluate their stock prior to investing, so you can understand the risk and upside.

H&E Equipment Services Metrics

HEES Price
$47.05
1w %
-19.67%
1y %
33.93%
5y %
56.99%
P/E
10.03x
P/B
3.12x
P/S
1.12x
PEG
0.89x
Revenue
$1.52B
Earnings
$169.51M
Fore. Rev. Growth
4.8%
Fore. Earn. Growth
N/A
Market Cap
$1.72B
Next Earnings
May 16, 2024
Next Dividend
N/A

HEES Fundamentals

WallStreetZen was designed to help part-time investors do more accurate fundamental analysis quickly.

You can see all of the due diligence checks on HEES's stock page.

Is HEES stock overvalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge HEES's fair value.

Using relative valuations ratios:

  • HEES could be undervalued based on its P/E ratio of 10.03x, relative to Rental & Leasing Services industry P/E ratio of 16.19x
  • HEES may be overvalued based on its P/B ratio of 3.12x, relative to Rental & Leasing Services industry P/B ratio of 2.25x
  • HEES may be undervalued based on its PEG ratio of 0.89x

You can do more valuation analysis on HEES's stock here.

HEES Financial Summary

Positive Financial Indicators:

  • HEES profit margin has gone up from 10.9% to 11.2% in the past year.
  • Total HEES debt is lower than 5 years ago, relative to shareholder equity.

Negative Financial Indicators:

  • HEES has a relatively high debt to equity ratio of 4.01.

Do analysts think it's a good time to buy HEES stock

Out of 2 sell side analysts who give recommendations on HEES, the consensus analyst rating on HEES is a Strong Buy

Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.

You can dig deeper into what analysts are forecasting on the H&E Equipment Services stock forecast page.

HEES Momentum

SMA10
54.94
SMA20
58.63
SMA50
58.95
SMA100
55.38
SMA200
49.92
MACD
-2.86
MACD Signal
-1.18
MACD Histogram
-1.67
RSI
26.71
Stochastic %K
7.47
Stochastic %D
14.09
StochRSI %K
8.61
StochRSI %D
15.51

HEES Performance Numbers

Last year, HEES earnings were $169.51M. In the last five year, HEES's earnings have gone up by 15.52% per year. This was slower than the Rental & Leasing Services industry average of 16.97%.

Last year, HEES revenue was $1.52B. In the last five year, HEES's revenue has increased by 3.28% per year. This was slower than the Rental & Leasing Services industry average of 12.7%.

Learn more about HEES's earnings and revenue performance here.

What are HEES insiders up to?

Over the last 12 months, executives and large shareholders at HEES have sold more shares than they have bought.

Bradley W. Barber, CEO of HEES, was the latest HEES insider to sell. They sold $788,242.00 worth of HEES shares on Mar 26, 2024.

Dig into more about who owns HEES shares here.

Does HEES provide a stable income stream?

H&E Equipment Services pays a dividend of 2.34%, compared to the Rental & Leasing Services industry's average dividend yield of 2.46%. If you owned $1,000 worth of HEES stock, you would have received $23.38 last year.

H&E Equipment Services dividend payments have consistently grown over the past decade and have remained stable.

Dig into more data about H&E Equipment Services dividend yield and history here.

What others are saying about HEES

One of the reasons eToro is our favorite brokerage is because of its social trading community.

Click below to learn what other traders have to say.

Step 5: Make your HEES purchase

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are mostly fine for most investors.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a particular dollar amount, place a limit order.

Hit the Open button and your broker will place the order.

If you need more assistance investing in stocks on eToro, watch the helpful video below:

Open eToro Account

Step 6: Keep tabs on your HEES position

Now that you own some shares in HEES, you'll want to keep up with your new stock purchase.

Add HEES to a watchlist to track your HEES stock.

HEES Feed

How to Buy Stock in H&E Equipment Services

To reiterate, here are the 6 steps you need to take to buy H&E Equipment Services stock right now:

  1. Decide where to buy H&E Equipment Services stock
  2. Create a brokerage account
  3. Put funds into your investment account
  4. Evaluate H&E Equipment Services stock
  5. Make your HEES purchase
  6. Keep tabs on your HEES position

If you need a online brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to watch your new investment in H&E Equipment Services, click below.

NASDAQ: HEES
$47.05+2.26 (+5.05%)
Updated May 2, 2024
Open eToro Account
NASDAQ: HEES
$47.05+2.26 (+5.05%)
Updated May 2, 2024
Open eToro Account

FAQ

How much does it cost to buy one H&E Equipment Services share?

As of May 2, 2024, it costs $47.05 to buy one share of H&E Equipment Services stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.213 shares of HEES.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy H&E Equipment Services stock?

According to 2 Wall Street analysts who monitor H&E Equipment Services, their consensus recommendation is to buy H&E Equipment Services stock.

What is the best way to buy H&E Equipment Services stock?

One way to place an order for H&E Equipment Services stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.