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MarketScreener Homepage  >  Equities  >  Nasdaq  >  H&E Equipment Services, Inc.    HEES

H&E EQUIPMENT SERVICES, INC.

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H&E Equipment Services : Relocates to New Facility in Tulsa, OK

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02/11/2019 | 01:15pm EST

Effective February 11, 2019, H&E Equipment Services Inc. (H&E) announces the relocation of its Tulsa branch to an expanded facility at 5644 West 55th Street, Tulsa, OK 74107-9107, phone 918-445-2666.

The 10,300-square-foot facility sits on 5.47 acres with a fenced yard area, offices, parts department, and a full-service repair shop. The facility is capable of handling repairs for a variety of general industrial, construction, and earthmoving equipment.

The branch specializes in aerial lifts, telescopic forklifts, earthmoving equipment, and general construction equipment from the following manufacturers: Atlas Copco, Bomag, Case, Club Car, Gehl, Generac, Genie, Hamm, JCB, JLG, John Deere, MEC, Miller, MultiQuip, Okada, Skyjack, Skytrak, Sullair, Takeuchi, Wacker Neuson, Yanmar, and others.

'After years of success in the Tulsa area, we are anxious to relocate to a far superior facility. The expansion and upgrade demonstrate our dedication and commitment to this market and our desire to deliver quality service our customers can depend on. In addition to our traditional line of equipment, we offer specialized machinery unique to customers in northeast Oklahoma,' explains H&E Tulsa Branch Manager Levi Blaine. 'It is part of our overall objective to listen closely to customers and provide the necessary equipment rentals, sales, parts, and service they need to succeed.'

In addition to equipment rentals, the facility provides new and used equipment sales, in-shop and mobile service, 24-hour parts availability, training, and other value-added services.

Established in 1961, H&E is one of the largest equipment distributors and rental companies in the United States, ranking in the top 10 nationwide. Including our Tulsa branch, we have 96 locations throughout the Pacific Northwest, West Coast, Southwest, Intermountain, Gulf Coast, Southeast, and Mid-Atlantic regions, with a second Oklahoma branch located in Oklahoma City.

Disclaimer

H&E Equipment Services Inc. published this content on 11 February 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 11 February 2019 18:14:15 UTC

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Financials ($)
Sales 2018 1 211 M
EBIT 2018 159 M
Net income 2018 71,9 M
Debt 2018 1 055 M
Yield 2018 3,96%
P/E ratio 2018 14,23
P/E ratio 2019 12,96
EV / Sales 2018 1,71x
EV / Sales 2019 1,67x
Capitalization 1 019 M
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Mean consensus OUTPERFORM
Number of Analysts 7
Average target price 30,0 $
Spread / Average Target 5,2%
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Managers
NameTitle
Bradley W. Barber President, Chief Executive Officer & Director
John M. Engquist Executive Chairman
Leslie S. Magee CFO, Secretary & Principal Accounting Officer
Gary W. Bagley Director
Bruce C. Bruckmann Independent Director
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