Alta Equipment Group (ALTG) Stock Price, News & Analysis

Company Overview

Alta Equipment Group Inc. is a provider of industrial and construction equipment, offering equipment sales, rentals, parts and maintenance services to businesses across the United States. The company serves customers in industries such as construction, manufacturing, warehousing, logistics, infrastructure and government.

Its product offerings include material-handling equipment, such as forklifts and warehouse vehicles, as well as construction equipment including earthmoving machinery, aerial work platforms, cranes and related products. Alta also provides equipment rental services, aftermarket parts, field service, repair and maintenance support designed to help customers operate and maintain their fleets.

Headquartered in Livonia, Michigan, Alta operates through a network of dealerships, rental locations and service facilities, with a significant presence in the Midwest and other regions of the United States. The company has expanded its geographic reach and product capabilities through acquisitions of equipment dealerships and rental businesses.

Alta Equipment Group became a publicly traded company on the New York Stock Exchange in 2020. Its leadership is headed by Chief Executive Officer Ryan Greenawalt, who has been associated with the company’s development and expansion.

Key Stats

• Today's Range: $5.93 to $6.13
• 50-Day Range: $5.72 to $7.90
• 52-Week Range: $4.16 to $8.69
• Volume: 138,404 shs
• Average Volume: 231,016 shs
• Market Capitalization: $199.48 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $8.75
• Consensus Rating: Hold

Alta Equipment Group Stock Analysis - MarketRank™

Alta Equipment Group scored higher than 42% of companies evaluated by MarketBeat, and ranked 499th out of 662 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Hold

Consensus Rating

Alta Equipment Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, 1 buy rating, 2 hold ratings, and 1 sell rating.

Upside Potential

Alta Equipment Group has a consensus price target of $8.75, representing about 43.3% upside from its current price of $6.11.

Amount of Analyst Coverage

Alta Equipment Group has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Alta Equipment Group are expected to grow in the coming year, from ($1.18) to ($0.93) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Alta Equipment Group is -2.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Alta Equipment Group is -2.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

2.30% of the float of Alta Equipment Group has been sold short.

Short Interest Ratio / Days to Cover

Alta Equipment Group has a short interest ratio ("days to cover") of 4.12.

Change versus previous month

Short interest in Alta Equipment Group has recently increased by 10.64%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Alta Equipment Group does not currently pay a dividend.

Dividend Growth

Alta Equipment Group does not have a long track record of dividend growth.

News and Social Media

• Score: N/A
• News Sentiment: N/A

Company Ownership

• Score: 1.4 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Alta Equipment Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

20.50% of the stock of Alta Equipment Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

73.58% of the stock of Alta Equipment Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 8/06/2026
• Today: 9/17/2026
• Next Earnings (Estimated): 11/05/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrials
• Industry: Trading Companies & Distributors
• Sub-Industry: Trading Companies & Distributors
• Current Symbol: NYSE:ALTG
• CIK: 1759824
• Web: www.altaequipment.com
• Phone: (248) 449-6700
• Fax: N/A
• Employees: 2,750
• Year Founded: 1984

Price Target and Rating

• Average Price Target for Alta Equipment Group: $8.75
• High Price Target: $9.50
• Low Price Target: $8.00
• Potential Upside/Downside: +43.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): ($2.57)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$80.30 million
• Net Margins: -4.42%
• Pretax Margin: -3.58%
• Return on Equity: -3,253.61%
• Return on Assets: -5.92%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.38
• Quick Ratio: 0.51

Sales & Book Value

• Annual Sales: $1.84 billion
• Price / Sales: 0.11
• Cash Flow: $1.93 per share
• Price / Cash Flow: 3.17
• Book Value: ($0.27) per share
• Price / Book: -22.61

Miscellaneous

• Outstanding Shares: 32,670,000
• Free Float: 25,970,000
• Market Cap: $199.48 million
• Optionable: Optionable
• Beta: 1.71