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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China

Alta Equipment Group (ALTG) Competitors

$11.64
-0.04 (-0.34%)
(As of 04/18/2024 ET)

ALTG vs. DXPE, MRC, GIC, CIX, EAF, MTW, HDSN, BOOM, ACCO, and DMRC

Should you be buying Alta Equipment Group stock or one of its competitors? The main competitors of Alta Equipment Group include DXP Enterprises (DXPE), MRC Global (MRC), Global Industrial (GIC), CompX International (CIX), GrafTech International (EAF), Manitowoc (MTW), Hudson Technologies (HDSN), DMC Global (BOOM), ACCO Brands (ACCO), and Digimarc (DMRC).

Alta Equipment Group vs.

Alta Equipment Group (NYSE:ALTG) and DXP Enterprises (NASDAQ:DXPE) are both small-cap industrials companies, but which is the superior investment? We will contrast the two businesses based on the strength of their analyst recommendations, dividends, profitability, earnings, institutional ownership, community ranking, media sentiment, valuation and risk.

In the previous week, Alta Equipment Group had 6 more articles in the media than DXP Enterprises. MarketBeat recorded 7 mentions for Alta Equipment Group and 1 mentions for DXP Enterprises. Alta Equipment Group's average media sentiment score of 0.78 beat DXP Enterprises' score of 0.34 indicating that Alta Equipment Group is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Alta Equipment Group
2 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
DXP Enterprises
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

73.6% of Alta Equipment Group shares are owned by institutional investors. Comparatively, 74.8% of DXP Enterprises shares are owned by institutional investors. 20.9% of Alta Equipment Group shares are owned by company insiders. Comparatively, 22.1% of DXP Enterprises shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Alta Equipment Group presently has a consensus price target of $21.17, suggesting a potential upside of 81.84%. DXP Enterprises has a consensus price target of $55.00, suggesting a potential upside of 9.67%. Given Alta Equipment Group's higher probable upside, equities research analysts plainly believe Alta Equipment Group is more favorable than DXP Enterprises.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Alta Equipment Group
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
3.00
DXP Enterprises
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

Alta Equipment Group has a beta of 1.65, suggesting that its share price is 65% more volatile than the S&P 500. Comparatively, DXP Enterprises has a beta of 1.72, suggesting that its share price is 72% more volatile than the S&P 500.

DXP Enterprises has lower revenue, but higher earnings than Alta Equipment Group. DXP Enterprises is trading at a lower price-to-earnings ratio than Alta Equipment Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Alta Equipment Group$1.88B0.20$8.90M$0.1864.67
DXP Enterprises$1.68B0.48$68.81M$3.8812.93

DXP Enterprises has a net margin of 4.10% compared to Alta Equipment Group's net margin of 0.47%. DXP Enterprises' return on equity of 19.30% beat Alta Equipment Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Alta Equipment Group0.47% 8.60% 0.85%
DXP Enterprises 4.10%19.30%6.66%

DXP Enterprises received 238 more outperform votes than Alta Equipment Group when rated by MarketBeat users. Likewise, 61.32% of users gave DXP Enterprises an outperform vote while only 59.46% of users gave Alta Equipment Group an outperform vote.

CompanyUnderperformOutperform
Alta Equipment GroupOutperform Votes
22
59.46%
Underperform Votes
15
40.54%
DXP EnterprisesOutperform Votes
260
61.32%
Underperform Votes
164
38.68%

Summary

DXP Enterprises beats Alta Equipment Group on 11 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ALTG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ALTG vs. The Competition

MetricAlta Equipment GroupRental & Leasing Services IndustryIndustrials SectorNYSE Exchange
Market Cap$381.91M$3.73B$3.82B$17.09B
Dividend Yield1.94%4.89%4.03%3.62%
P/E Ratio64.67191.60398.7024.64
Price / Sales0.2050.65643.629.66
Price / Cash2.6572.1927.2616.98
Price / Book2.522.003.724.84
Net Income$8.90M$324.60M$222.32M$969.88M
7 Day Performance-9.42%-2.68%-1.32%-3.85%
1 Month Performance3.74%-0.66%5.52%-2.84%
1 Year Performance-19.17%-2.74%17.24%77.36%

Alta Equipment Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
DXPE
DXP Enterprises
2.3367 of 5 stars
$56.49
+1.0%
$55.00
-2.6%
+90.4%$914.01M$1.68B14.561,723
MRC
MRC Global
4.2466 of 5 stars
$12.68
-1.6%
$15.25
+20.3%
+24.9%$1.07B$3.41B12.192,800
GIC
Global Industrial
2.8057 of 5 stars
$44.28
-0.9%
N/A+50.0%$1.69B$1.27B23.941,870
CIX
CompX International
0 of 5 stars
$34.25
-4.9%
N/AN/A$421.62M$161.30M18.72555
EAF
GrafTech International
1.2999 of 5 stars
$1.62
+10.2%
$1.88
+16.1%
-70.6%$415.31M$620.50M-1.621,249Insider Buying
MTW
Manitowoc
4.5775 of 5 stars
$13.67
+1.2%
$17.67
+29.2%
-17.6%$485.07M$2.23B12.544,800Analyst Report
News Coverage
HDSN
Hudson Technologies
4.3348 of 5 stars
$10.68
-1.0%
$15.33
+43.6%
+25.5%$486.06M$289.03M9.62237Short Interest ↑
News Coverage
BOOM
DMC Global
4.392 of 5 stars
$18.66
-0.6%
$27.00
+44.7%
-14.8%$369.28M$719.19M17.281,800News Coverage
ACCO
ACCO Brands
4.9656 of 5 stars
$5.25
-0.2%
$7.50
+42.9%
-4.9%$502.11M$1.83B-21.885,600News Coverage
DMRC
Digimarc
0.1025 of 5 stars
$24.11
-2.2%
$25.00
+3.7%
+27.7%$504.15M$34.85M-10.57248

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This page (NYSE:ALTG) was last updated on 4/18/2024 by MarketBeat.com Staff

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