Is Alta Equipment Group Inc. (ALTG) a Buy, Sell, or Hold?
Alta Equipment Group Inc.
NYSE:ALTG
$6.62 USD
-$0.26 (-3.78%)
- Volume
- 136.48K
- Average Volume
- 288.58K
- Market Capitalization
- $215.39M
- P/E Ratio
- -2.62
- Dividend Yield
- 0.00%
- Price Target
- $8.75
- Year High
- $8.88
- Year Low
- $4.16
- Day High
- —
- Day Low
- —
- Payout Ratio
- $-0.06
- Current Ratio
- $1.37
Industry, Sector & symbol
| Stock Exchange | NYSE |
| CEO | Ryan Greenawalt |
| Industry | Rental & Leasing Services |
| Sector | Industrials |
| Current Symbol | ALTG |
| CUSIP | 02128L106 |
| CIK | 0001759824 |
| Web | https://www.altg.com |
| Phone | 248 449 6700 |
| Currency | USD |
| Employees | 2750 |
| Country | US |
Liquidity
| Debt-to-Equity Ratio | -41.47 |
| Payout Ratio | -0.06 |
| Current Ratio | 1.37 |
| Quick Ratio | 0.47 |
| Cash Ratio | 0.05 |
Sales & Book Value
| Annual Sales | $1.84B |
| Price / Sales | 0.12 |
| Cash Flow | 0.76 |
| Price / Cash Flow | 8.72 |
| Price / Book | -7.63 |
Price Target and Rating
| Average Stock Price Forecast | $8.75 |
| High Stock Price Forecast | $9.50 |
| Low Stock Price Forecast | $8.00 |
| Forecast Upside/Downside | -24.34% |
| Consensus Rating | Sell |
| Rating Score(0-5) | 2 |
| Research Coverage | 5 Analysts |
Profitability
| EPS (Most Recent Fiscal Year) | $-2.55 |
| Trailing P/E Ratio | -2.62 |
| PEG Ratio | 0.16 |
| P/E Growth | 0.16 |
| Net Income | $-80.3M |
| Net Margin | -4.33% |
| Pretax Margin | -3.39% |
| Return on Equity | -3253.61% |
| Return on Assets | -5.91% |
Financials Score
| AltmanZ Score | 1.36 |
| Piotroski Score | 6.00 |
| Working Capital | 196M |
| Total Assets | 1.33B |
| Ebit | -3.1M |
| Market Cap | 223.84M |
| Total Liabilities | 1.36B |
Poll Results
About Alta Equipment Group Inc. (NYSE:ALTG) Stock
Alta Equipment Group Inc. (AEG) manages a comprehensive network of equipment dealerships throughout the United States. Its operations are divided into two primary divisions: Material Handling and Construction Equipment. Through its widespread branch network, the company offers sales, rentals, and comprehensive parts and service support for a diverse array of specialized machinery. This includes industrial lift trucks, elevated work platforms, earthmoving machinery, cranes, asphalt and paving equipment, and various other material handling and construction tools. Additionally, they provide ongoing repair and maintenance services for all equipment. Furthermore, AEG extends its offerings to include warehouse design and construction, as well as automated equipment installation and system integr ... ation solutions. The company caters to a broad clientele across diverse sectors, including manufacturing, food and beverage, wholesale and retail, construction, automotive, municipal and government entities, and healthcare. Established in 1984, Alta Equipment Group Inc. maintains its corporate headquarters in Livonia, Michigan.
Is Alta Equipment Group (ALTG) Stock Outpacing Its Industrial Products Peers This Year?
2026-07-13 10:40:24
Here is how Alta Equipment (ALTG) and Caterpillar (CAT) have performed compared to their sector so far this year.
Alta Equipment Group Announces Preferred Stock Dividend
2026-07-02 07:00:00
LIVONIA, Mich., July 02, 2026 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or “the Company”), a leading provider of premium material handling, construction and environmental processing equipment and related services, today announced that its Board of Directors approved the quarterly dividend on its Series A Cumulative Perpetual Preferred Stock in the amount of $625 per preferred share. This will equate to a dividend of $0.625 for each of the outstanding Depositary Shares representing a 1/1000th fractional interest in one share of Series A Preferred. The dividend payment date is July 31, 2026, to shareholders of record at the close of business on July 15, 2026.
Alta Equipment Group Q1 Earnings Call Highlights
2026-05-09 06:06:50
Alta Equipment Group NYSE: ALTG reported lower first-quarter revenue and adjusted EBITDA as management said harsh winter weather and a pull-forward of equipment purchases into the prior quarter weighed on activity, while the company maintained that underlying demand trends remain healthy.
Alta Equipment Group Inc. (ALTG) Q1 2026 Earnings Call Transcript
2026-05-09 02:11:17
Alta Equipment Group Inc. (ALTG) Q1 2026 Earnings Call Transcript
Compared to Estimates, Alta Equipment (ALTG) Q1 Earnings: A Look at Key Metrics
2026-05-07 20:32:04
While the top- and bottom-line numbers for Alta Equipment (ALTG) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Alta Equipment (ALTG) Reports Q1 Loss, Misses Revenue Estimates
2026-05-07 20:11:52
Alta Equipment (ALTG) came out with a quarterly loss of $0.62 per share versus the Zacks Consensus Estimate of a loss of $0.59. This compares to a loss of $0.65 per share a year ago.
Alta Equipment Group Announces First Quarter 2026 Financial Results
2026-05-07 16:15:00
First Quarter Financial Highlights: Total revenues decreased $12.5 million year over year to $410.5 million. On an organic basis*, revenues decreased $8.6 million year over year, or 2.1% Material Handling revenues decreased $7.4 million year over year to $150.5 million, while Construction Equipment and Master Distribution revenues decreased a combined $1.8 million year over year to $261.4 million.
2026-04-30 16:15:00
LIVONIA, Mich., April 30, 2026 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or “the Company”), a leading provider of premium material handling, construction and environmental processing equipment and related services, today announced that it will report its financial results for the first quarter ended March 31, 2026, after the U.S. markets close on Thursday, May 7, 2026. In conjunction with this announcement, Alta management will host a conference call and webcast that afternoon at 5:00 p.m. Eastern Time to discuss and answer questions about the Company's financial results. Prior to the conference call and webcast, Alta will issue a press release and supplementary presentation slides reporting these results on the Investors portion of the Company's website, https://investors.altaequipment.com.
Frequently Asked Questions
-
What is the current Alta Equipment Group Inc. (ALTG) stock price?
-
Alta Equipment Group Inc.(NYSE:ALTG) stock price is $6.62 in the last trading session. During the trading session, ALTG stock reached the peak price of $8.88 while $4.155 was the lowest point it dropped to. The percentage change in ALTG stock occurred in the recent session was --3.78% while the dollar amount for the price change in ALTG stock was -$-0.26.
-
ALTG's industry and sector of operation?
-
The NYSE listed ALTG is part of Rental & Leasing Services industry that operates in the broader Industrials sector.
-
Who are the executives of ALTG?
-
Jeffrey A. Hoover | Chief Legal Officer & General Counsel
Ryan Greenawalt | Chief Executive Officer & Chairman
Bob Kohler | President of Industrial Group
Anthony J. Colucci | Chief Financial Officer
Paul Ivankovics | Vice President of Human Resources -
How many employees does ALTG have?
-
Number of ALTG employees currently stands at 2750. ALTG operates from 13211 Merriman Road, Livonia, MI 48150-1826, US.
-
Link for ALTG official website?
-
Official Website of ALTG is: https://www.altg.com
-
How do I contact ALTG?
-
ALTG could be contacted at phone #248 449 6700 and can also be accessed through its website. ALTG operates from 13211 Merriman Road, Livonia, MI 48150-1826, US.
-
How many shares of ALTG are traded daily?
-
The average number of ALTG shares traded daily for last 3 months was 288.58K.
-
What is the market cap of ALTG currently?
-
The market value of ALTG currently stands at $215.39M with its latest stock price at $6.62