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NYSE:ALTG

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

Alta Equipment Group logo
$6.06 +0.03 (+0.56%)
As of 11:25 AM Eastern
This is a fair market value price provided by Massive. Learn more.

About Alta Equipment Group Stock (NYSE:ALTG)

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Key Stats

Today's Range
$6.02
▼
$6.14
50-Day Range
$5.72
▼
$7.90
52-Week Range
$4.16
▼
$8.69
Volume
16,656 shs
Average Volume
229,971 shs
Market Capitalization
$198.11 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.83
Consensus Rating
Hold

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.

AI Generated. May Contain Errors.

Alta Equipment Group Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
64th Percentile Overall Score

ALTG MarketRank™: 
3.17680283725 of 5 stars

Alta Equipment Group scored higher than 64% of companies evaluated by MarketBeat, and ranked 373rd out of 658 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 2.20, 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 61.7% upside from its current price of $6.08.

  • 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 ($1.20) to ($0.90) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Alta Equipment Group is -2.37, 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 -2.37, 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

    2.31% 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 2.42, 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 decreased by 10.89%, indicating that investor sentiment is improving significantly.
  • 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.

    • 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 Announces Preferred Stock Dividend
    A letter from Shannon Stansberry
    Porter Stansberry nearly canceled the entire project. When he first saw the claimed returns - only one down year in nearly two decades and total gains of almost 2,000% - his immediate reaction was disbelief. It took a trusted friend's personal vouching for Emmet Savage and a face-to-face trip to Ireland to change his mind. The full documentary, Investigating Project Prophet, is now live.tc pixel
    Alta Equipment Group Earnings Call Signals Steady Recovery
    See More Headlines

    ALTG Stock Analysis - Frequently Asked Questions

    Alta Equipment Group's stock was trading at $4.58 at the start of the year. Since then, ALTG stock has increased by 32.8% and is now trading at $6.08.

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

    Alta Equipment Group's top institutional investors include Assenagon Asset Management S.A. (0.10%). 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 NVIDIA (NVDA), Advanced Micro Devices (AMD), Micron Technology (MU), Netflix (NFLX), Plug Power (PLUG), Delta Air Lines (DAL) and Altria Group (MO).

    Company Calendar

    Last Earnings
    8/06/2026
    Today
    10/16/2026
    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
    $12.00
    Low Price Target
    $8.00
    Potential Upside/Downside
    +62.2%
    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
    $1.84 billion
    Price / Sales
    0.11
    Cash Flow
    $1.82 per share
    Price / Cash Flow
    3.34
    Book Value
    ($0.27) per share
    Price / Book
    -22.46

    Miscellaneous

    Outstanding Shares
    32,670,000
    Free Float
    25,970,000
    Market Cap
    $198.11 million
    Optionable
    Optionable
    Beta
    1.77

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    This page (NYSE:ALTG) was last updated on 10/16/2026 by MarketBeat.com Staff.
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