ALTA EQUIPMENT GROUP INC (ALTG) Stock Price, Forecast & Analysis
NYSE:ALTG • US02128L1061
ALTG Key Statistics, Chart & Performance
The current stock price of ALTG is 7.05 USD. In the past month the price increased by 10.85%. In the past year, price increased by 9.3%.
ALTG Technical Analysis
ChartMill assigns a technical rating of 8 / 10 to ALTG. When comparing the yearly performance of all stocks, ALTG is one of the better performing stocks in the market, outperforming 86.25% of all stocks.
ALTG Fundamental Analysis
ChartMill assigns a fundamental rating of 2 / 10 to ALTG. ALTG has a bad profitability rating. Also its financial health evaluation is rather negative.
ALTG Financial Highlights
Over the last trailing twelve months ALTG reported a non-GAAP Earnings per Share(EPS) of -2.64. The EPS decreased by -55.29% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | N/A | ||
| ROA | -5.74% | ||
| ROE | -2834.48% | ||
| Debt/Equity | 374.41 |
ALTG Forecast & Estimates
10 analysts have analysed ALTG and the average price target is 10.15 USD. This implies a price increase of 43.96% is expected in the next year compared to the current price of 7.05.
For the next year, analysts expect an EPS growth of -27.67% and a revenue growth -2.52% for ALTG
ALTG Ownership
ALTG Competitors/Peers
| Symbol | Company Name | Technical Rating | Fundamental Rating | FPE | Market Cap |
|---|---|---|---|---|---|
| URI | UNITED RENTALS INC | 19.58 | 56.006B | ||
| GWW | WW GRAINGER INC | 25.43 | 53.624B | ||
| FAST | FASTENAL CO | 37.29 | 53.057B | ||
| FERG | FERGUSON ENTERPRISES INC | 21.37 | 50.421B | ||
| FTAI | FTAI AVIATION LTD | 42.19 | 29.641B | ||
| QXO | QXO INC | 62.75 | 18.516B | ||
| WSO.B | WATSCO INC -CL B | 31.9 | 17.005B | ||
| WSO | WATSCO INC | 31.19 | 16.612B | ||
| WCC | WESCO INTERNATIONAL INC | 17.96 | 14.598B | ||
| CNM | CORE & MAIN INC-CLASS A | 18.66 | 11.072B |
Related stock screener links
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About ALTG
Company Profile
Alta Equipment Group, Inc. engages in the operation of equipment dealership platforms. The company is headquartered in Livonia, Michigan and currently employs 2,900 full-time employees. The company went IPO on 2019-04-12. Through its branch network, the Company sells, rents, and provides parts and service support for several categories of specialized equipment, including lift trucks and other material handling equipment, heavy and compact earthmoving equipment, crushing and screening equipment, environmental processing equipment, cranes and aerial work platforms, paving and asphalt equipment, other construction equipment and allied products. The Material Handling segment is engaged in operations related to the sale, service, and rental of lift trucks and other material handling equipment. The Construction Equipment segment is engaged in operations related to the sale, service and rental of construction equipment. The Master Distribution segment is engaged in large-scale equipment distribution rights with sub-dealers throughout the United States and Canada related to environmental processing equipment.
Company Info
ALTA EQUIPMENT GROUP INC
13211 Merriman Road
Livonia MICHIGAN 48150 US
CEO: Ryan Greenawalt
Employees: 2900
Phone: 12484496700
ALTA EQUIPMENT GROUP INC / ALTG FAQ
What does ALTG do?
Alta Equipment Group, Inc. engages in the operation of equipment dealership platforms. The company is headquartered in Livonia, Michigan and currently employs 2,900 full-time employees. The company went IPO on 2019-04-12. Through its branch network, the Company sells, rents, and provides parts and service support for several categories of specialized equipment, including lift trucks and other material handling equipment, heavy and compact earthmoving equipment, crushing and screening equipment, environmental processing equipment, cranes and aerial work platforms, paving and asphalt equipment, other construction equipment and allied products. The Material Handling segment is engaged in operations related to the sale, service, and rental of lift trucks and other material handling equipment. The Construction Equipment segment is engaged in operations related to the sale, service and rental of construction equipment. The Master Distribution segment is engaged in large-scale equipment distribution rights with sub-dealers throughout the United States and Canada related to environmental processing equipment.
What is the current price of ALTG stock?
The current stock price of ALTG is 7.05 USD. The price increased by 1.88% in the last trading session.
Does ALTG stock pay dividends?
ALTA EQUIPMENT GROUP INC (ALTG) has a dividend yield of 9.93%. The yearly dividend amount is currently 0.34.
What is the ChartMill technical and fundamental rating of ALTG stock?
ALTG has a ChartMill Technical rating of 8 out of 10 and a ChartMill Fundamental rating of 2 out of 10.
How is the market expecting ALTG stock to perform?
10 analysts have analysed ALTG and the average price target is 10.15 USD. This implies a price increase of 43.96% is expected in the next year compared to the current price of 7.05.
What is the ex-dividend date for ALTG stock?
The next ex-dividend date for ALTA EQUIPMENT GROUP INC (ALTG) is May 15, 2025.
Should I buy ALTG stock?
This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on ALTG.