Stock Update for H&E Equipment Services, Inc. (NASDAQ:HEES) After 2.87% Move

Watching some recent stock price activity for H&E Equipment Services, Inc. (NASDAQ:HEES), we have seen shares trading near the $25.42 level. Investors have a wide range of tools at their disposal when undertaking stock research. Investors will often monitor the current stock price in relation to its 52-week high and low levels. The 52-week high is currently $44.07, and the 52-week low is presently $18.4. When the current stock price is trading close to either the 52-week high or 52-week low, investors may pay increased attention to see if there will be a breakthrough that level. Taking a look at some previous stock price activity, we can see that shares have moved 24.49% since the beginning of the year. Pulling the focus closer to the last 4 weeks, shares have seen a change of 28%. Over the past 5 trading days, the stock has moved 2.87%.Over the past 12 weeks, the stock has seen a change of 11%.

Investors might be looking to sharpen the gaze and focus on recent market action. As we move into the second part of the year, everyone will be watching to see which way the stock market momentum shifts. Many believe that the bulls are still charging while others feel like the bears may be waiting in the wings. There are various schools of thought when it comes to trading stocks. Investors may have to first asses their appetite for risk in order to start creating a solid investment plan.

Investors might be paying attention to what Wall Street analysts think about shares of H&E Equipment Services, Inc. (NASDAQ:HEES). Taking a peek at the current consensus broker rating, we can see that the ABR is 1.5. This average rating is provided by Zacks Research. This simplified numeric scale spans the range of one to five which translates brokerage firm Buy/Sell/Hold recommendations into an average broker rating. A low number in the 1-2 range typically indicates a Buy, 3 indicates a Hold and 4-5 represents a consensus Sell rating. In terms of the number of analysts that have the stock rated as a Buy or Strong Buy, we can see that the number is currently 3.

Shifting the focus to some earnings data, we have noted that the current quarter EPS consensus estimate for H&E Equipment Services, Inc. (NASDAQ:HEES) is 0.31. This EPS estimate consists of 1 Wall Street analysts taken into consideration by Zacks Research. For the previous reporting period, the company posted a quarterly EPS of 0.59. Sell-side analysts often provide their best researched estimates at what the company will report. These estimates hold a lot of weight on Wall Street and the investing community. Sometimes these analyst projections are spot on, and other times they are off. When a company reports actual earnings results, the surprise factor can cause a stock price to fluctuate. Investors will often pay added attention to a company that has beaten estimates by a large margin.

Looking at some analyst views on shares of H&E Equipment Services, Inc. (NASDAQ:HEES), we note that the consensus target price is resting at $33. This is the consensus target using estimates provided by the covering analysts polled. Sell-side analysts often produce target estimates for the companies that they track closely. Price target estimates can be calculated using various methods, and this may cause some analyst estimates to be drastically different than others. Many investors will track stock target prices, especially when analysts update the target price projections.

Some stock market investors may abide to the saying, nothing ventured nothing gained. Others may operate by following the saying slow and steady wins the race. The correct move for one investor may not be the same for another. Some may choose to go all in, while others may look to reduce risk with stable long-term staple companies. Active equity investors may be forced to make hard decisions at some point, but working hard and being prepared may prove to be a portfolio booster. Dedicated investors are often willing to put in the extra hours in order to make sure no stone is left unturned.