HEES Price Prediction Next Week
Technical Analysis
Based on recent news and technical indicators for HEES, here's the analysis:
The stock has shown significant volatility following major acquisition news. Herc Holdings has agreed to acquire H&E Equipment Services for $104.89 per share, representing a substantial premium to recent trading prices. The stock closed at $94.10 on March 4, 2025, down 1.04%.
Key Support and Resistance Levels:
- Support: $90.29
- Immediate Resistance: $95.78
- Secondary Resistance: $104.89 (acquisition price)
News Impact Analysis
Several major developments are affecting HEES:
- Acquisition Agreement:
- Herc Holdings will acquire HEES for $5.5 billion ($104.89/share)
- Deal structure: $4.5 billion in debt + $1 billion in stock issuance
- S&P Global revised Herc Holdings' outlook to negative due to increased leverage
- Financial Performance:
- Q4 revenue: $384.08 million (beat consensus of $372.5 million)
- Q4 adjusted EPS: $0.99 (beat consensus of $0.78)
- Dollar utilization rate: 38.2%
Price Prediction for Next Week
Based on technical indicators and acquisition news:
Bullish Case (70% probability):
- Target: $98-100
- Drivers: Acquisition premium and strong Q4 results
- Support from institutional buying
Bearish Case (30% probability):
- Target: $90-92
- Drivers: Market uncertainty about deal completion
- General market weakness
Recommendation
BUY with a target of $98. The stock is currently trading at a significant discount to the acquisition price of $104.89. Strong Q4 results and the definitive acquisition agreement provide solid support for price appreciation.
HEES Similar Chart Price Prediction
The price of HEES is predicted to go up 6.28%, based on the high correlation periods with FUBO. The similarity of these two price pattern on the periods is 99.23%.
HEES
FUBO
Up: 6.28%Similarity: 99.23%
HEES Revenue Forecast
HEES EPS Forecast
HEES FAQs
What is HEES revenue forecast for next quarter？
What is HEES eps forecast for next quarter？
HEES Analyst's Forecast
Steven Fisher
UBS
Strong Buy → Hold
2025-01-17
Price Target
$60 → $92
Upside
+4.4%
UBS downgraded H&E Equipment (HEES) to Neutral from Buy with a price target of $92, up from $60, to reflect the acquisition of the company by United Rentals (URI). Given the size of the deal, the firm's base case is that there would not be a competing offer from another rental company.
