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NYSE:ALTG

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

Alta Equipment Group logo
$6.51 +0.10 (+1.56%)
As of 03:57 PM Eastern

About Alta Equipment Group Stock (NYSE:ALTG)

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Key Stats

Today's Range
$6.30
$6.58
50-Day Range
$5.98
$7.90
52-Week Range
$4.16
$8.88
Volume
84,052 shs
Average Volume
168,877 shs
Market Capitalization
$212.68 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$8.75
Consensus Rating
Hold

Company Overview

Alta Equipment Group, Inc. (NYSE: ALTG) is a North American distributor of material handling and logistics equipment. The company offers a broad lineup of forklifts, lift trucks, aerial work platforms, tow motors, pallet jacks and related attachments, serving manufacturing, warehousing, distribution and industrial facilities. Through its network of branch locations, Alta Equipment provides customers with new and used sales, short- and long-term rentals, and integrated fleet management solutions designed to support operational efficiency.

In addition to equipment sales, Alta Equipment supports customers with comprehensive after-sales services. This includes preventative maintenance agreements, on-site repair, equipment inspections, operator training programs and genuine OEM parts distribution. By combining these support services under one platform, the company aims to reduce downtime and help clients manage total cost of ownership for their fleets.

Founded in 2021 through the combination of established regional equipment dealerships, Alta Equipment Group has grown to serve markets across the United States and Canada. The company has pursued a disciplined acquisition strategy to expand its geographic footprint and complement its core equipment offerings. Today, Alta Equipment operates more than 90 service centers, leveraging local expertise alongside centralized operational systems.

Alta Equipment’s leadership team brings decades of experience in material handling and commercial distribution. The executive group focuses on driving organic growth, integrating recent acquisitions and investing in digital tools to streamline order processing, asset tracking and customer service. As businesses increasingly rely on automated and mechanized solutions, Alta Equipment Group positions itself as a full-service partner for end-to-end equipment lifecycle management.

AI Generated. May Contain Errors.

Alta Equipment Group Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
56th Percentile Overall Score

ALTG MarketRank™: 

Alta Equipment Group scored higher than 56% of companies evaluated by MarketBeat, and ranked 427th out of 661 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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 34.4% upside from its current price of $6.51.

  • Amount of Analyst Coverage

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

  • Read more about Alta Equipment Group's stock forecast and price target.
  • 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 -2.53, 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 -2.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Read more about Alta Equipment Group's valuation and earnings.
  • Percentage of Shares Shorted

    2.04% 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 3.97, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Alta Equipment Group has recently increased by 4.84%, indicating that investor sentiment is decreasing.
  • 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 Sentiment

    Alta Equipment Group has a news sentiment score of 0.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.70 average news sentiment score of Industrials companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Alta Equipment Group this week, compared to 2 articles on an average week.
  • Search Interest

    1 people have searched for ALTG on MarketBeat in the last 30 days.
  • 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.

  • Read more about Alta Equipment Group's insider trading history.
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ALTG Stock News Headlines

Alta Equipment Group Earnings Call Signals Steady Recovery
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Alta Equipment Group Announces Second Quarter 2026 Financial Results
See More Headlines

ALTG Stock Analysis - Frequently Asked Questions

Alta Equipment Group's stock was trading at $4.58 on January 1st, 2026. Since then, ALTG shares have increased by 42.1% and is now trading at $6.51.

Alta Equipment Group Inc. (NYSE:ALTG) announced its earnings results on Thursday, August, 6th. The company reported ($0.25) EPS for the quarter, missing the consensus estimate of ($0.21) by $0.04. The firm earned $475.50 million during the quarter, compared to analyst estimates of $488.71 million. Alta Equipment Group had a negative trailing twelve-month return on equity of 3,253.61% and a negative net margin of 4.42%.
Read the conference call transcript
.

Alta Equipment Group's top institutional shareholders include Public Employees Retirement System of Ohio (0.07%). Insiders that own company stock include Ryan Greenawalt, Mill Road Capital Iii, LP, Voss Capital, Lp, Anthony Colucci, B Riley Financial, Inc, Voss Capital, Llc, Daniel Shribman, Zachary E Savas, Craig Brubaker, Andrew P Studdert, Sidhartha Nair and Jeffrey Alan Hoover.
View institutional ownership trends
.

Shares of ALTG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Alta Equipment Group investors own include Invesco QQQ (QQQ), NVIDIA (NVDA), Meta Platforms (META), SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF Trust (DIA), Broadcom (AVGO) and Advanced Micro Devices (AMD).

Company Calendar

Last Earnings
8/06/2026
Today
8/21/2026
Next Earnings (Estimated)
11/05/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Trading Companies & Distributors
Sub-Industry
Trading Companies & Distributors
Current Symbol
NYSE:ALTG
CIK
1759824
Fax
N/A
Employees
2,750
Year Founded
1984

Price Target and Rating

High Price Target
$9.50
Low Price Target
$8.00
Potential Upside/Downside
+34.4%
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
0.12
Cash Flow
$1.85 per share
Price / Cash Flow
3.51
Book Value
($1.11) per share
Price / Book
-5.86

Miscellaneous

Outstanding Shares
32,670,000
Free Float
25,970,000
Market Cap
$212.68 million
Optionable
Optionable
Beta
1.73

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This page (NYSE:ALTG) was last updated on 8/21/2026 by MarketBeat.com Staff.
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