Free Trial

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

Alta Equipment Group logo
$7.55 +0.06 (+0.81%)
As of 09:36 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About Alta Equipment Group Stock (NYSE:ALTG)

Key Stats

Today's Range
$7.44
$7.69
50-Day Range
$4.60
$8.60
52-Week Range
$3.54
$11.39
Volume
199,816 shs
Average Volume
273,205 shs
Market Capitalization
$248.13 million
P/E Ratio
N/A
Dividend Yield
3.05%
Price Target
$11.25
Consensus Rating
Buy

Company Overview

Alta Equipment Group Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
67th Percentile Overall Score

ALTG MarketRank™: 

Alta Equipment Group scored higher than 67% of companies evaluated by MarketBeat, and ranked 72nd out of 182 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 Buy. The company's average rating score is 3.20, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Alta Equipment Group has only been the subject of 4 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 ($1.92) to ($1.25) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Alta Equipment Group is -3.38, 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 -3.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Alta Equipment Group has a P/B Ratio of 3.18. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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

    6.73% 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 5.9.
  • Change versus previous month

    Short interest in Alta Equipment Group has recently decreased by 17.18%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Alta Equipment Group pays a meaningful dividend of 3.04%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

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

  • Read more about Alta Equipment Group's dividend.
  • Percentage of Shares Shorted

    6.73% 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 5.9.
  • Change versus previous month

    Short interest in Alta Equipment Group has recently decreased by 17.18%, indicating that investor sentiment is improving significantly.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Alta Equipment Group this week, compared to 2 articles on an average week.
  • Search Interest

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

    1 people have added Alta Equipment Group to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Alta Equipment Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $48,000.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    19.20% 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.
Receive ALTG Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Alta Equipment Group and its competitors with MarketBeat's FREE daily newsletter.

ALTG Stock News Headlines

New crypto laws coming. Will you win or lose?
Washington’s first-ever “Crypto Week” could trigger a major Bitcoin surge — but one trader says don’t just buy and hold. Larry Benedict’s “Bitcoin Skimming” strategy is built to extract 6x, 9x, or even 22x more profit from the same Bitcoin moves. He’s revealing exactly how it works in a free video.
See More Headlines

ALTG Stock Analysis - Frequently Asked Questions

Alta Equipment Group's stock was trading at $6.54 on January 1st, 2025. Since then, ALTG shares have increased by 15.2% and is now trading at $7.5350.

Alta Equipment Group Inc. (NYSE:ALTG) issued its quarterly earnings results on Wednesday, May, 7th. The company reported ($0.65) EPS for the quarter, missing analysts' consensus estimates of ($0.60) by $0.05. The business had revenue of $423 million for the quarter, compared to analyst estimates of $436.15 million. Alta Equipment Group had a negative net margin of 3.83% and a negative trailing twelve-month return on equity of 80.23%.
Read the conference call transcript
.

Top institutional investors of Alta Equipment Group include Register Financial Advisors LLC (0.65%) and Farther Finance Advisors LLC (0.02%). Insiders that own company stock include Ryan Greenawalt, Mill Road Capital Iii, LP, Voss Capital, Lp, Daniel Shribman, B Riley Financial, Inc, Voss Capital, Llc, Anthony Colucci, Zachary E Savas, Craig Brubaker, Andrew P Studdert 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
5/07/2025
Record date for 5/30 Dividend
5/15/2025
Ex-Dividend for 5/30 Dividend
5/15/2025
Dividend Payable
5/30/2025
Today
7/17/2025
Next Earnings (Estimated)
8/06/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
MACH - GENL INDL
Sub-Industry
Wholesale
Current Symbol
NYSE:ALTG
CIK
1759824
Fax
N/A
Employees
2,900
Year Founded
N/A

Price Target and Rating

High Price Target
$20.00
Low Price Target
$7.00
Potential Upside/Downside
+49.3%
Consensus Rating
Buy
Rating Score (0-4)
3.20
Research Coverage
5 Analysts

Profitability

EPS (Trailing Twelve Months)
($2.23)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$62.10 million
Net Margins
-3.83%
Pretax Margin
-3.79%
Return on Equity
-80.23%
Return on Assets
-4.64%

Debt

Debt-to-Equity Ratio
13.12
Current Ratio
1.36
Quick Ratio
0.42

Sales & Book Value

Annual Sales
$1.88 billion
Price / Sales
0.13
Cash Flow
$2.66 per share
Price / Cash Flow
2.83
Book Value
$2.37 per share
Price / Book
3.18

Miscellaneous

Outstanding Shares
32,860,000
Free Float
26,551,000
Market Cap
$247.60 million
Optionable
Optionable
Beta
1.55
 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report

This page (NYSE:ALTG) was last updated on 7/18/2025 by MarketBeat.com Staff
From Our Partners