Herc Holdings Announces Acquisition of H&E Equipment

An update from Herc Holdings ( (HRI) ) is now available.

On February 19, 2025, Herc Holdings Inc. announced a definitive agreement to acquire H&E Equipment Services, Inc. for $4.8 billion. This acquisition is expected to enhance Herc’s national scale, geographic diversification, and synergy opportunities, potentially accelerating its growth plans. The transaction will be financed through a mix of equity, an upsized revolving credit facility, a new term loan, and unsecured debt. The combined entity will have over 600 branches and a fleet valued at $10 billion, positioning Herc as a more significant player in the industry.

The most recent analyst rating on (HRI) stock is a Hold with a $155.0000 price target. To see the full list of analyst forecasts on Herc Holdings stock, see the HRI Stock Forecast page.

Spark’s Take on HRI Stock

According to Spark, TipRanks’ AI Analyst, HRI is a Neutral.

Herc Holdings presents a mixed investment case. Strong revenue growth and strategic acquisitions are positives, but profitability pressures and liquidity challenges dampen the outlook. The stock’s current technical indicators suggest caution due to downward momentum. Valuation is reasonable but not compelling enough to offset other concerns.

To see Spark’s full report on HRI stock, click here.

More about Herc Holdings

Herc Holdings Inc. operates in the equipment rental industry, providing a wide range of equipment solutions to various sectors. The company focuses on expanding its national presence and enhancing its service offerings through strategic acquisitions and partnerships.

Average Trading Volume: 631,786

Technical Sentiment Signal: Sell

Current Market Cap: $3.46B

For an in-depth examination of HRI stock, go to TipRanks’ Stock Analysis page.