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NYSE:ALTG

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

Alta Equipment Group logo
$8.04 +0.28 (+3.57%)
Closing price 03:59 PM Eastern
Extended Trading
$8.04 +0.01 (+0.10%)
As of 04:10 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Alta Equipment Group Stock (NYSE:ALTG)

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Key Stats

Today's Range
$7.84
$8.13
50-Day Range
$5.15
$8.09
52-Week Range
$4.16
$8.99
Volume
202,498 shs
Average Volume
219,405 shs
Market Capitalization
$259.33 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$12.17
Consensus Rating
Hold

Company Overview

Alta Equipment Group Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
73rd Percentile Overall Score

ALTG MarketRank™: 

Alta Equipment Group scored higher than 73% of companies evaluated by MarketBeat, and ranked 77th out of 173 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 $12.17, representing about 51.4% upside from its current price of $8.04.

  • Amount of Analyst Coverage

    Alta Equipment Group has only been the subject of 1 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 ($1.30) to ($0.98) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Alta Equipment Group is -3.14, 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 -3.14, 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

    2.96% 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 4.41.
  • Change versus previous month

    Short interest in Alta Equipment Group has recently decreased by 3.14%, indicating that investor sentiment is improving.
  • News Sentiment

    Alta Equipment Group has a news sentiment score of 0.47. 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 0.58 average news sentiment score of Industrials companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Alta Equipment Group this week, compared to 2 articles on an average week.
  • Search Interest

    2 people have searched for ALTG on MarketBeat in the last 30 days.
  • Cluster Insider Buying

    2 insiders have purchased shares of Alta Equipment Group in the last three months. Multiple insiders buying is a strong bullish signal.

  • Net Insider Buying

    Over the last three months, insiders have purchased a net $264,704.00 in company stock, which represents 0.1021% of the company's market cap.

  • Insider Buying vs. Insider Selling

    In the past three months, Alta Equipment Group insiders have bought 103.94% more of their company's stock than they have sold. Specifically, they have bought $519,371.00 in company stock and sold $254,667.00 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.
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ALTG Stock News Headlines

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Alta Equipment Group Announces Preferred Stock Dividend
See More Headlines

ALTG Stock Analysis - Frequently Asked Questions

Alta Equipment Group's stock was trading at $4.58 at the beginning of the year. Since then, ALTG stock has increased by 75.5% and is now trading at $8.0370.

Alta Equipment Group Inc. (NYSE:ALTG) announced its earnings results on Thursday, February, 26th. The company reported ($0.39) earnings per share for the quarter, missing analysts' consensus estimates of ($0.29) by $0.10. The firm earned $509.10 million during the quarter, compared to analysts' expectations of $489.56 million. Alta Equipment Group had a negative trailing twelve-month return on equity of 341.70% and a negative net margin of 4.37%.
Read the conference call transcript
.

Alta Equipment Group's top institutional shareholders include Strs Ohio (0.27%), Bank of New York Mellon Corp (0.14%), Ritholtz Wealth Management (0.05%) and R Squared Ltd (0.04%). 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
2/26/2026
Today
5/05/2026
Next Earnings (Estimated)
5/07/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
MACH - GENL INDL
Sub-Industry
Wholesale
Current Symbol
NYSE:ALTG
CIK
1759824
Fax
N/A
Employees
2,750
Year Founded
1984

Price Target and Rating

High Price Target
$20.00
Low Price Target
$7.00
Potential Upside/Downside
+51.4%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

EPS (Trailing Twelve Months)
($2.56)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$80.30 million
Net Margins
-4.37%
Pretax Margin
-3.20%
Return on Equity
-341.70%
Return on Assets
-5.63%

Debt

Debt-to-Equity Ratio
257.10
Current Ratio
1.43
Quick Ratio
0.48

Sales & Book Value

Annual Sales
$1.84 billion
Price / Sales
0.14
Cash Flow
$1.84 per share
Price / Cash Flow
4.37
Book Value
($0.27) per share
Price / Book
-29.77

Miscellaneous

Outstanding Shares
32,267,000
Free Float
25,652,000
Market Cap
$259.33 million
Optionable
Optionable
Beta
1.82

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This page (NYSE:ALTG) was last updated on 5/5/2026 by MarketBeat.com Staff.
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