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Forecast
The analysts' average price target is €51.50 (-37.68%). The median is €50.61 (-38.76%).
| Buy |
8 |
| Hold |
8 |
| Sell |
0 |
News Go to news feed
Herc Holdings outlines growth plan after H&E acquisition and prioritizes debt reduction
At the Morgan Stanley Laguna Conference, Herc Holdings presented a growth strategy combining fleet investments, expansion of its specialty fleet and targeted acquisitions. The company expects to realize 50% of the $125 million cost synergies from the H&E integration by year-end and aims for a net leverage ratio of 2–3x by 2027, with debt reduction taking precedence over new acquisitions. Operationally, the ERP integration of the 165 H&E locations should be completed soon, specialty locations will grow to nearly 200, and technology investments are intended to boost efficiency and sustainability. Herc sees interest-rate cuts as necessary for local market growth and is focusing expansion on the 100 largest metropolitan areas. » More on de.investing.com
Manitowoc Company Inc focuses on aftermarket growth and aims for USD 3 billion in revenue
At the Midwest Ideas Conference, Manitowoc presented a transformation to a customer-focused business model with a target revenue of USD 3 billion and an aftermarket revenue goal of USD 1 billion, aiming for a 35% gross margin. The company cites cost reductions of more than USD 100 million since 2016, planned acquisitions (H&E and Aspen), and measures to lower its leverage ratio from four times to three times. Electrification (hybrid cranes), regional expansion and the expansion of service locations are named as key growth drivers, while risks include steel tariffs and high indebtedness. » More on de.investing.com
Historical dividends Dividends
All dividend metrics All metricsFinancials
| (EUR) | 2024 | YoY |
|---|---|---|
| Revenue | 1.46B | 9.66% |
| Gross profit | 648.88M | 4.80% |
| Net profit | 118.19M | 22.83% |
| EBITDA | 643.42M | 5.77% |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €3.08B |
Number of shares | 36.67M |
52-week high/low | €89.93 - €36.33 |
| Dividends | No |
Beta | 1.83 |
P/E ratio | 27.92 |
PEG ratio | -0.60 |
P/B ratio | 4.37 |
P/S ratio | 2.29 |
Company profile
H&E Equipment Services, Inc. operates as an integrated equipment services company. The company operates in five segments: Equipment Rentals, Used Equipment Sales, New Equipment Sales, Parts Sales, and Repair and Maintenance Services. The Equipment Rentals segment provides construction and industrial equipment for rent on a daily, weekly, and monthly basis through a fleet of approximately 42,725 pieces of equipment. The Used Equipment Sales segment sells used equipment through retail sales force primarily from its rental fleet, as well as inventoried equipment that are acquired through trade-ins from equipment customers. The New Equipment Sales segment sells new construction equipment through a professional in-house retail sales force. The Parts Sales segment sells parts for the equipment customers, as well as offers for its rental fleet. The Repair and Maintenance Services segment serves its rental fleet and equipment owned customers, as well as offers ongoing preventative maintenance services to industrial customers. It also provides ancillary equipment support activities, including transportation, hauling, parts shipping, and loss damage waivers. The company's rental fleet consists of hi-lift or aerial work platforms, cranes, earthmoving and material handling equipment, and others. It serves industrial and commercial companies, construction contractors, manufacturers, public utilities, municipalities, maintenance contractors, and various other industrial account customers. As of December 31, 2021, the company had a network of 102 service facilities in the Pacific Northwest, West Coast, Intermountain, Southwest, Gulf Coast, Southeast, and Mid-Atlantic regions of the United States. H&E Equipment Services, Inc. was founded in 1961 and is headquartered in Baton Rouge, Louisiana.
| Name | H&E Equipment Services Inc |
| CEO | Bradley W. Barber |
| Headquarters | Baton Rouge,
la USA |
| Website | |
| Sector | Utilities |
| Industry | Trading Companies & Distributors |
| IPO | 12/02/2020 |
| Employees | 2,800 |
Ticker symbols
| Exchange | Symbol |
|---|---|
NASDAQ | HEES |
Frankfurt | H6P.F |