H&E Equipment Services Stock

H&E Equipment Services P/S 2024

H&E Equipment Services P/S

1.06

Ticker

HEES

ISIN

US4040301081

WKN

A0ESPV

As of Oct 2, 2024, H&E Equipment Services's P/S ratio stood at 1.06, a 17.78% change from the 0.9 P/S ratio recorded in the previous year.

The H&E Equipment Services P/S history

H&E Equipment Services Aktienanalyse

What does H&E Equipment Services do?

H&E Equipment Services Inc. is a leading provider of equipment and services for the construction and industrial sectors in the USA. The company was founded in 1961 in Baton Rouge, Louisiana and a large part of its success is based on its ability to understand customer needs and offer innovative products and services. Today, H&E Equipment Services Inc. offers over 45,000 equipment units in various sectors, including specialties like lifting and crane works, earthmoving, hydraulic equipment, agricultural machinery, construction equipment, generators, and more. The company takes pride in having one of the largest rental fleets in the USA. The business model of H&E Equipment Services Inc. focuses on equipment rental, sales, and maintenance. The company places special emphasis on providing high availability and good service to its customers. H&E Equipment Services Inc. stands out for its expertise in construction machinery and services. Particularly in equipment rental, customers can benefit from the company's resources and expertise. H&E Equipment Services Inc. strives to offer its customers individual solutions tailored to their specific requirements. The company has a variety of customers in different sectors, including construction companies, mining and heavy industry companies, municipal authorities, and many others. H&E Equipment Services Inc. has customers in almost all states of the USA and a rapidly growing presence in the South and Southeast of the country. An important part of H&E Equipment Services Inc.'s corporate history is the acquisition of other companies. This has helped expand the range of equipment and services and strengthen the company's presence in new markets and regions. Key acquisitions include Equipment Rental Solutions (ERS), based in Dallas, Texas, and American High Reach, based in Denver, Colorado. In total, H&E Equipment Services Inc. has acquired more than 30 companies in recent years. In addition to its various sectors, H&E Equipment Services Inc. also offers training courses to increase effectiveness and safety in the use of equipment. These training courses include proper handling of heavy machinery, equipment maintenance and care, and safe crane and lifting work. The success story of H&E Equipment Services Inc. is based on the company's ability to recognize customer needs and offer tailored solutions. Through a focus on customer service and innovation, H&E Equipment Services Inc. has become a leading partner for the construction and industrial sectors. Today, the company is one of the fastest-growing companies in the industry and has earned a reputation as a trusted provider of top-quality products and services. H&E Equipment Services ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding H&E Equipment Services's P/S Ratio

H&E Equipment Services's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing H&E Equipment Services's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating H&E Equipment Services's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in H&E Equipment Services’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about H&E Equipment Services stock

What is the price-to-earnings ratio of H&E Equipment Services?

The price-earnings ratio of H&E Equipment Services is currently 1.06.

How has the price-earnings ratio of H&E Equipment Services changed compared to last year?

The price-to-earnings ratio of H&E Equipment Services has increased by 17.78% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of H&E Equipment Services high compared to other companies?

Yes, the price-to-earnings ratio of H&E Equipment Services is high compared to other companies.

How does an increase in the price-earnings ratio of H&E Equipment Services affect the company?

An increase in the price-earnings ratio of H&E Equipment Services would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of H&E Equipment Services affect the company?

A decrease in the price-earnings ratio of H&E Equipment Services would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of H&E Equipment Services?

Some factors that influence the price-earnings ratio of H&E Equipment Services are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does H&E Equipment Services pay?

Over the past 12 months, H&E Equipment Services paid a dividend of 1.1 USD . This corresponds to a dividend yield of about 2.23 %. For the coming 12 months, H&E Equipment Services is expected to pay a dividend of 1.34 USD.

What is the dividend yield of H&E Equipment Services?

The current dividend yield of H&E Equipment Services is 2.23 %.

When does H&E Equipment Services pay dividends?

H&E Equipment Services pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of H&E Equipment Services?

H&E Equipment Services paid dividends every year for the past 13 years.

What is the dividend of H&E Equipment Services?

For the upcoming 12 months, dividends amounting to 1.34 USD are expected. This corresponds to a dividend yield of 2.71 %.

In which sector is H&E Equipment Services located?

H&E Equipment Services is assigned to the 'Industry' sector.

Wann musste ich die Aktien von H&E Equipment Services kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of H&E Equipment Services from 9/13/2024 amounting to 0.275 USD, you needed to have the stock in your portfolio before the ex-date on 8/28/2024.

When did H&E Equipment Services pay the last dividend?

The last dividend was paid out on 9/13/2024.

What was the dividend of H&E Equipment Services in the year 2023?

In the year 2023, H&E Equipment Services distributed 1.1 USD as dividends.

In which currency does H&E Equipment Services pay out the dividend?

The dividends of H&E Equipment Services are distributed in USD.

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Andere Kennzahlen von H&E Equipment Services

Our stock analysis for H&E Equipment Services Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of H&E Equipment Services Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.