Herc Holdings Completes Acquisition of H&E Equipment

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

On June 2, 2025, Herc Holdings Inc. completed its acquisition of H&E Equipment Services, significantly enhancing its position in the North American equipment rental market. The acquisition, which involved a cash and stock transaction, strengthens Herc’s presence in key rental regions and expands its fleet and service capabilities, promising substantial growth and value creation opportunities. The transaction also led to the issuance of new credit facilities and senior notes to refinance existing debts and support the acquisition.

The most recent analyst rating on (HRI) stock is a Hold with a $155.00 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 outlook. The company benefits from strong revenue growth and strategic acquisitions, but faces profitability pressures and liquidity challenges. Technical indicators suggest potential downward momentum, while high valuation poses additional risks. Recent corporate actions are promising for long-term growth, but integration and financing risks should be monitored.

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

More about Herc Holdings

Founded in 1965, Herc Holdings Inc., operating through its Herc Rentals Inc. subsidiary, is a full-line rental supplier with 613 locations across North America. The company offers a range of products including aerial, earthmoving, material handling, and other equipment, as well as industry-specific solutions through its ProSolutions offering. Herc employs approximately 10,500 people.

Average Trading Volume: 552,202

Technical Sentiment Signal: Sell

Current Market Cap: $3.53B

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