ALTG vs. DXPE, MRC, CIX, PKOH, IPX, NWPX, BOOM, GHM, MTW, and EAF
Should you be buying Alta Equipment Group stock or one of its competitors? The main competitors of Alta Equipment Group include DXP Enterprises (DXPE), MRC Global (MRC), CompX International (CIX), Park-Ohio (PKOH), IperionX (IPX), Northwest Pipe (NWPX), DMC Global (BOOM), Graham (GHM), Manitowoc (MTW), and GrafTech International (EAF). These companies are all part of the "industrial products" sector.
DXP Enterprises (NASDAQ:DXPE) and Alta Equipment Group (NYSE:ALTG) are both small-cap industrial products companies, but which is the superior investment? We will contrast the two businesses based on the strength of their risk, institutional ownership, community ranking, profitability, dividends, valuation, analyst recommendations, earnings and media sentiment.
74.8% of DXP Enterprises shares are owned by institutional investors. Comparatively, 73.6% of Alta Equipment Group shares are owned by institutional investors. 22.1% of DXP Enterprises shares are owned by company insiders. Comparatively, 20.9% of Alta Equipment Group shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
DXP Enterprises has higher earnings, but lower revenue than Alta Equipment Group. DXP Enterprises is trading at a lower price-to-earnings ratio than Alta Equipment Group, indicating that it is currently the more affordable of the two stocks.
DXP Enterprises received 238 more outperform votes than Alta Equipment Group when rated by MarketBeat users. Likewise, 61.32% of users gave DXP Enterprises an outperform vote while only 59.46% of users gave Alta Equipment Group an outperform vote.
In the previous week, Alta Equipment Group had 1 more articles in the media than DXP Enterprises. MarketBeat recorded 8 mentions for Alta Equipment Group and 7 mentions for DXP Enterprises. DXP Enterprises' average media sentiment score of 0.55 beat Alta Equipment Group's score of 0.10 indicating that Alta Equipment Group is being referred to more favorably in the news media.
DXP Enterprises has a net margin of 4.10% compared to DXP Enterprises' net margin of 0.47%. Alta Equipment Group's return on equity of 19.30% beat DXP Enterprises' return on equity.
DXP Enterprises presently has a consensus price target of $55.00, suggesting a potential upside of 13.29%. Alta Equipment Group has a consensus price target of $21.17, suggesting a potential upside of 123.99%. Given DXP Enterprises' higher possible upside, analysts plainly believe Alta Equipment Group is more favorable than DXP Enterprises.
DXP Enterprises has a beta of 1.72, indicating that its share price is 72% more volatile than the S&P 500. Comparatively, Alta Equipment Group has a beta of 1.67, indicating that its share price is 67% more volatile than the S&P 500.
Summary
DXP Enterprises beats Alta Equipment Group on 11 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ALTG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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