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Added to YB: 2024-05-03

Pitch date: 2024-04-27

HEES [bullish]

H&E Equipment Services, Inc.

+54.5%

current return

Author Info

No bio for this author

Company Info

H&E Equipment Services, Inc. operates as an integrated equipment services company in the United States and internationally.

Market Cap

$3.3B

Pitch Price

$58.07

Price Target

140.00 (+56%)

Dividend

1.23%

Sector

Trading Companies and Distributors

Category

value

Show full summary:
Choice Equities Capital Portfolio Holding: H&E Equipment Services, Inc.

HEES: #4 equipment rental co. poised for growth. Focused on Sun Belt, proven M&A track record (10% branch CAGR). Industry consolidating (top 4 ~40% share), IIJA & IRA spending to drive secular growth. Trades at 5x EBITDA (3-turn discount to peers), $115-$140 PT on execution & re-rating.

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