H&E Equipment（HEES） - H&E Equipment股价在过去一个月上涨了12.3%，创下了新的52周高点[1] - H&E Equipment自今年年初以来涨幅为25.4%，表现优于Zacks工业产品部门的12.8%和Zacks制造-建筑和采矿行业的27.7%[2] - H&E Equipment在过去四个季度中没有错过盈利预期，最近一次财报显示，公司每股收益为$1.47，超过了预期$1.2，营收也比预期高出1.37%[3] - 预计H&E Equipment本财年每股收益为$5.02，营收为15.9亿美元，下一财年预计每股收益为$5.62，营收为17亿美元[4] - H&E Equipment的价值评分为A，成长和动量评分分别为C和F，综合VGM评分为B[8] - H&E Equipment目前的市盈率为13.1倍，高于同行业平均值10.9倍，市现率为4.2倍，低于同行业平均值8.1倍，PEG比率为0.92[9] - H&E Equipment目前的Zacks Rank为1（强烈买入），得益于分析师对盈利预期的积极修订[11] - H&E Equipment符合投资要求，可能仍有进一步增长的空间[12] Caterpillar Inc.（CAT） - Caterpillar Inc.上一季度盈利强劲，预计本财年每股收益为$21.33，营收为676.1亿美元[14] - Caterpillar Inc.过去一个月股价上涨了11.8%，前瞻市盈率为17.78倍，市现率为14.81倍[15] - Caterpillar Inc.的Zacks Rank为2（买入），价值评分为C，成长评分为B，动量评分为A[13]

确定趋势入场时机 - 确定趋势入场的时机是成功的关键[1] 股票动能持续 - 通过确认基本面、正面盈利预期修订等因素来确保股票动能持续[2] 股票筛选器应用 - 使用"最近价格强势"筛选器可以帮助筛选具有足够基本实力以维持最近上涨趋势的股票[3] 候选股分析 - H&E Equipment (HEES)是通过筛选器的几个合适的候选股之一，具有潜在盈利机会[4]

Investors mostly flock to companies that earn profits, but even a profitable business can succumb to failure if its cash flow is uneven and, eventually, file for bankruptcy. However, one can effectively judge a company’s resilience by looking at its efficiency in generating cash flow. This is because cash not only shields it from any market mayhem, but also indicates that its profits are being channeled in the right direction. In this regard, stocks like Modine Manufacturing Company (MOD) , H&E Equipment Se ...

财务数据和关键指标变化 - 总收入同比增长9.3%,达到3.858亿美元 [29] - 设备租赁收入同比增长14.5%,达到2.806亿美元 [29] - 出售租赁设备收入同比增长34.3%,达到4,060万美元 [30] - 新设备销售收入同比下降54.5%,至980万美元 [30] - 毛利润同比增长16.9%,达到1.863亿美元,毛利率提升320个基点至48.3% [31] - 经营利润同比增长3.0%,达到8,120万美元,经营利润率为21.1% [32] - 净利润同比增长4.5%,达到5,350万美元,每股收益为1.47美元 [33] - 调整后EBITDA同比增长6.5%,达到1.852亿美元,EBITDA利润率为48% [34] 各条业务线数据和关键指标变化 - 设备租赁业务毛利率提升110个基点至54.2% [31] - 出售租赁设备毛利率创纪录达66%,同比提升1,480个基点 [31] - 新设备销售毛利率为15.3%,同比提升170个基点 [31] 各个市场数据和关键指标变化 - 设备利用率平均为68.4%,同比下降360个基点 [15] - 设备周转率为40.3%,同比下降160个基点 [37] 公司战略和发展方向 - 2023年全年租赁设备原值增长18.3%,达到28亿美元 [17][37] - 2023年新增14家分支机构,达到140家分支机构 [19][22] - 2024年计划新增12-15家分支机构,并通过收购进一步扩张 [21][22] - 2024年计划租赁设备资本支出450-500万美元,较2023年有所下降 [21] 管理层对经营环境和未来前景的评论 - 2024年建筑行业开工预计同比增长7% [23] - 大型项目将是2024年及以后需求增长的重要推动因素 [23][24] - 设备租赁渗透率有望继续提升,2023年已达56.4% [25] - 公司过去3年在规模和盈利能力方面的出色表现,为未来发展奠定了良好基础 [26] 问答环节重要的提问和回答 问题1 **Seth Weber 提问** 2024年资本支出下降是否意味着设备规模将保持稳定或缩小,以及对利用率和周转率的影响 [46] **Bradley Barber 回答** 2024年仍将保持设备规模增长,但增速将有所放缓。预计利用率在上半年将受到一定压力,下半年将有所改善。租金率方面,预计将保持温和上涨,但大型项目会对租金率产生一定压力 [47][48][49][50] 问题2 **Steven Fisher 提问** 2024年EBITDA是否有望增长,以及对各项指标的预期 [62] **Bradley Barber 回答** 2024年EBITDA和租赁收入均有望增长,但出售租赁设备收入将有所下降。整体来看,公司将保持良好的增长和盈利能力 [63][64][65] 问题3 **Steven Ramsey 提问** 对于非大型项目的需求以及大型项目对公司业务的影响程度和时间节点 [72][73] **Bradley Barber 回答** 预计非大型项目需求将继续增长。大型项目对公司业务的影响将随着时间推移而不断增大,在下半年尤为明显 [73][74]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 000-51759 H&E EQUIPMENT SERVICES, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 81-0553291 (State or Other Jurisd ...

Exhibit 99.1 News Release Contacts: Leslie S. Magee Chief Financial Officer 225-298-5261 lmagee@he-equipment.com Jeffrey L. Chastain Vice President of Investor Relations 225-952-2308 jchastain@he-equipment.com H&E Equipment Services, Inc. Reports Fourth Quarter and Full Year 2023 Results BATON ROUGE, La. -- (February 22, 2024) -- H&E Equipment Services, Inc. (NASDAQ: HEES) (“H&E”, or the “Company”) today announced results for the fourth quarter and full year ended December 31, 2023, with record strategic ex ...

H&E Equipment Services, Inc. (NASDAQ:HEES) Q3 2023 Earnings Conference Call October 26, 2023 10:00 AM ET Company Participants Jeffrey Chastain - Vice President of Investor Relations Bradley Barber - Chief Executive Officer Leslie Magee - Chief Financial Officer and Corporate Secretary John Engquist - President and Chief Operating Officer Conference Call Participants Brian Biros - Thompson Research Group Seth Weber - Wells Fargo Securities Stanley Elliott - Stifel Steven Fisher - UBS Alex Rygiel - B. Riley O ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 000-51759 H&E Equipment Services, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware 81-0553291 (State or Other Jurisdicti ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 000-51759 H&E Equipment Services, Inc. (Exact Name of Registrant as Specified in Its Charter) Delaware 81-0553291 (State or Other Jurisdiction of ...

H&E Equipment Services, Inc. (NASDAQ:HEES) Q2 2023 Earnings Conference Call July 27, 2023 10:00 AM ET Company Participants Jeff Chastain - Vice President of Investor Relations Brad Barber - Chief Executive Officer Leslie Magee - Chief Financial Officer and Corporate Secretary John Engquist - President and Chief Operating Officer Conference Call Participants Steven Ramsey - Thompson Research Group Alex Rygiel - B. Riley Securities Stanley Elliott - Stifel David Raso - Evercore ISI Operator Good morning, and ...