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

Company Overview

Alta Equipment Group Inc. is an integrated equipment dealership platform serving the construction and industrial markets in the United States. The company sells, rents, and provides parts and service for a broad range of equipment used in construction, infrastructure, warehousing, distribution, and other industrial applications.

Alta operates through two primary business segments: construction equipment and material-handling equipment. Its offerings include heavy construction machinery, aerial work platforms, earthmoving equipment, cranes, forklifts, warehouse equipment, and related products. The company also provides equipment rentals, maintenance and repair services, replacement parts, fleet management support, and other aftermarket services.

The company traces its roots to Alta Equipment Company, founded in Michigan in 1984, and has expanded through acquisitions and dealership growth. Its operations serve customers across multiple regions of the United States, including the Midwest, Northeast, and Southeast. Alta Equipment Group became a publicly traded company in 2020. Ryan Greenawalt has served as the company’s chief executive officer and is associated with the business’s long-term development.

Key Stats

• Today's Range: $6.25 to $6.58
• 50-Day Range: $5.72 to $7.90
• 52-Week Range: $4.16 to $8.69
• Volume: 216,511 shs
• Average Volume: 211,403 shs
• Market Capitalization: $210.47 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $9.83
• Consensus Rating: Hold

Alta Equipment Group Stock Analysis - MarketRank™

Alta Equipment Group scored higher than 54% of companies evaluated by MarketBeat, and ranked 426th out of 652 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: 3.5 / 5
• Analyst Rating: Hold

Consensus Rating

Alta Equipment Group has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on no strong buy ratings, 2 buy ratings, 2 hold ratings, and 1 sell rating.

Upside Potential

Alta Equipment Group has a consensus price target of $9.83, representing about 52.6% upside from its current price of $6.44.

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 ($1.20) to ($0.90) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Alta Equipment Group is -2.51, 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 -2.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.59% 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 3.31, 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 12.51%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

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: 2.2 / 5
• News Sentiment: 0.50

News Sentiment

Alta Equipment Group has a news sentiment score of 0.50. 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 news sentiment score is similar to the average news sentiment of Industrials companies.

News Coverage This Week

MarketBeat has tracked 17 news articles for Alta Equipment Group this week, compared to 2 articles on an average week.

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: 10/06/2026
• 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: $9.83
• High Price Target: $12.00
• Low Price Target: $8.00
• Potential Upside/Downside: +52.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.20
• Research Coverage: 5 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: $1.82 billion
• Price / Sales: 0.12
• Cash Flow: $1.81 per share
• Price / Cash Flow: 3.55
• Book Value: ($0.27) per share
• Price / Book: -23.86

Miscellaneous

• Outstanding Shares: 32,667,000
• Free Float: 25,970,000
• Market Cap: $210.47 million
• Optionable: Optionable
• Beta: 1.77