Taking this into account, UBS downgraded its H&E Equipment Services Inc [HEES] rating to a Neutral from a a Buy in a research note published on January 17, 2025; the price target was increased to $92 from $60. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who began to cover the stock in early August with a ‘”a Sector weight”‘ rating. Raymond James began covering HEES with “Mkt perform” recommendation on June 28, 2024. B. Riley Securities started covering the stock on December 13, 2022. It rated HEES as “a Buy”.
Price Performance Review of HEES
On Tuesday, H&E Equipment Services Inc [NASDAQ:HEES] saw its stock fall -0.21% to $90.19. Over the last five days, the stock has gained 0.64%. H&E Equipment Services Inc shares have risen nearly 84.21% since the year began. Nevertheless, the stocks have risen 91.69% over the past one year. While a 52-week high of $101.28 was reached on 02/20/25, a 52-week low of $40.92 was recorded on 01/13/25. SMA at 50 days reached $93.04, while 200 days put it at $66.96.
Levels Of Support And Resistance For HEES Stock
The 24-hour chart illustrates a support level at 89.94, which if violated will result in even more drops to 89.68. On the upside, there is a resistance level at 90.37. A further resistance level may holdings at 90.54. The Relative Strength Index (RSI) on the 14-day chart is 44.10, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.30, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 37.64%. Stochastics %K at 64.39% indicates the stock is a holding.
The most recent change occurred on March 11, 2022 when Wells Fargo began covering the stock and recommended ‘”an Overweight”‘ rating along with a $55 price target.
