Is H&E Equipment Services, Inc. (NASDAQ:HEES) Potentially Undervalued?
Is H&E Equipment Services, Inc. (NASDAQ:HEES) Potentially Undervalued?
H&E Equipment Services, Inc. (NASDAQ:HEES), might not be a large cap stock, but it saw significant share price movement during recent months on the NASDAQGS, rising to highs of US$65.61 and falling to the lows of US$44.79. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether H&E Equipment Services' current trading price of US$46.99 reflective of the actual value of the small-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let's take a look at H&E Equipment Services's outlook and value based on the most recent financial data to see if there are any catalysts for a price change.
H&E Equipment Services, Inc.（納斯達克股票代碼：HEES）可能不是大盤股，但最近幾個月，納斯達克證券交易所的股價出現了重大波動，升至65.61美元的高位，跌至44.79美元的低點。一些股價走勢可以爲投資者提供更好的入股機會，並有可能以較低的價格買入。需要回答的問題是，H&E Equipment Services目前的46.99美元交易價格是否反映了小盤股的實際價值？還是它目前的估值被低估了，爲我們提供了買入的機會？讓我們根據最新的財務數據來看看H&E Equipment Services的前景和價值，看看是否有任何價格變動的催化劑。
What Is H&E Equipment Services Worth?
H&E 設備服務的價值是多少？
Good news, investors! H&E Equipment Services is still a bargain right now according to our price multiple model, which compares the company's price-to-earnings ratio to the industry average. We've used the price-to-earnings ratio in this instance because there's not enough visibility to forecast its cash flows. The stock's ratio of 10.01x is currently well-below the industry average of 16.94x, meaning that it is trading at a cheaper price relative to its peers. Although, there may be another chance to buy again in the future. This is because H&E Equipment Services's beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market. If the market is bearish, the company's shares will likely fall by more than the rest of the market, providing a prime buying opportunity.
好消息，投資者！根據我們的多價模型，H&E Equipment Services目前仍然很划算，該模型將公司的市盈率與行業平均水平進行了比較。我們在這個例子中使用市盈率是因爲沒有足夠的可見性來預測其現金流。該股票的比率爲10.01倍，目前遠低於行業平均水平的16.94倍，這意味着其交易價格比同行更便宜。但是，將來可能會有另一次買入的機會。這是因爲H&E Equipment Services的貝塔值（衡量股價波動的指標）很高，這意味着其價格相對於其他市場的價格走勢將被誇大。如果市場看跌，該公司的股票下跌幅度可能會超過其他市場，這提供了絕佳的買入機會。
What does the future of H&E Equipment Services look like?
H&E 設備服務的未來會是什麼樣子？
Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. Though in the case of H&E Equipment Services, it is expected to deliver a relatively unexciting earnings growth of 3.7%, which doesn't help build up its investment thesis. Growth doesn't appear to be a main reason for a buy decision for the company, at least in the near term.
當你考慮買入股票時，未來前景是一個重要的方面，特別是如果你是尋求投資組合增長的投資者。以低廉的價格收購一家前景看好的優秀公司永遠是一項不錯的投資，因此，讓我們也來看看公司的未來預期。儘管就H＆E設備服務而言，預計其收益增長相對平淡無奇，爲3.7％，這無助於建立其投資理念。增長似乎不是公司做出收購決定的主要原因，至少在短期內是如此。
What This Means For You
這對你意味着什麼
Are you a shareholder? Even though growth is relatively muted, since HEES is currently trading below the industry PE ratio, it may be a great time to increase your holdings in the stock. However, there are also other factors such as capital structure to consider, which could explain the current price multiple.
你是股東嗎？儘管增長相對緩慢，但由於HEES目前的交易價格低於行業市盈率，因此現在可能是增加股票持有量的好時機。但是，還有其他因素需要考慮，例如資本結構，這可以解釋當前的價格倍數。
Are you a potential investor? If you've been keeping an eye on HEES for a while, now might be the time to enter the stock. Its future profit outlook isn't fully reflected in the current share price yet, which means it's not too late to buy HEES. But before you make any investment decisions, consider other factors such as the track record of its management team, in order to make a well-informed investment decision.
你是潛在的投資者嗎？如果你關注HEES已有一段時間了，那麼現在可能是進入股票的時候了。其未來的盈利前景尚未完全反映在當前的股價中，這意味着現在購買HEES還爲時不晚。但是，在做出任何投資決策之前，請考慮其他因素，例如其管理團隊的往績，以便做出明智的投資決策。
With this in mind, we wouldn't consider investing in a stock unless we had a thorough understanding of the risks. You'd be interested to know, that we found 3 warning signs for H&E Equipment Services and you'll want to know about them.
考慮到這一點，除非我們對風險有透徹的了解，否則我們不會考慮投資股票。你可能會有興趣知道，我們發現了 H&E 設備服務的 3 個警告標誌，你會想知道它們的。
If you are no longer interested in H&E Equipment Services, you can use our free platform to see our list of over 50 other stocks with a high growth potential.
如果您不再對H＆E設備服務感興趣，可以使用我們的免費平台查看我們列出的其他50多隻具有高增長潛力的股票清單。
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
對這篇文章有反饋嗎？對內容感到擔憂？直接聯繫我們。 或者，給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論，我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議，也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意，我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之，華爾街沒有持有任何上述股票的頭寸。
譯文內容由第三人軟體翻譯。