NYSE:ALTG

Alta Equipment Group Competitors

$12.54
-0.34 (-2.64 %)
(As of 04/20/2021 11:51 AM ET)
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Today's Range
$12.07
Now: $12.54
$12.54
50-Day Range
$10.61
MA: $12.46
$13.80
52-Week Range
$4.00
Now: $12.54
$14.23
Volume2,014 shs
Average Volume94,069 shs
Market Capitalization$376.44 million
P/E RatioN/A
Dividend YieldN/A
Beta2.03

Competitors

Alta Equipment Group (NYSE:ALTG) Vs. TNC, CENX, WIRE, OFLX, KAMN, and HY

Should you be buying ALTG stock or one of its competitors? Companies in the sector of "industrial products" are considered alternatives and competitors to Alta Equipment Group, including Tennant (TNC), Century Aluminum (CENX), Encore Wire (WIRE), Omega Flex (OFLX), Kaman (KAMN), and Hyster-Yale Materials Handling (HY).

Alta Equipment Group (NYSE:ALTG) and Tennant (NYSE:TNC) are both small-cap industrial products companies, but which is the better business? We will contrast the two companies based on the strength of their risk, analyst recommendations, institutional ownership, valuation, profitability, earnings and dividends.

Risk and Volatility

Alta Equipment Group has a beta of 2.03, suggesting that its share price is 103% more volatile than the S&P 500. Comparatively, Tennant has a beta of 1.18, suggesting that its share price is 18% more volatile than the S&P 500.

Valuation and Earnings

This table compares Alta Equipment Group and Tennant's revenue, earnings per share and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Alta Equipment GroupN/AN/A$10,000.00($0.56)-22.39
Tennant$1.14 billion1.28$45.80 million$2.9027.02

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

Profitability

This table compares Alta Equipment Group and Tennant's net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
Alta Equipment GroupN/A-15.71%-2.61%
Tennant4.12%15.37%5.32%

Institutional & Insider Ownership

63.0% of Alta Equipment Group shares are held by institutional investors. Comparatively, 87.2% of Tennant shares are held by institutional investors. 5.0% of Tennant shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Analyst Ratings

This is a summary of current recommendations for Alta Equipment Group and Tennant, as provided by MarketBeat.com.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Alta Equipment Group01202.67
Tennant0000N/A

Alta Equipment Group currently has a consensus target price of $14.50, suggesting a potential upside of 18.08%. Given Alta Equipment Group's higher probable upside, analysts plainly believe Alta Equipment Group is more favorable than Tennant.

Summary

Tennant beats Alta Equipment Group on 9 of the 12 factors compared between the two stocks.

Alta Equipment Group (NYSE:ALTG) and Century Aluminum (NASDAQ:CENX) are both small-cap industrial products companies, but which is the better business? We will contrast the two companies based on the strength of their risk, analyst recommendations, institutional ownership, valuation, profitability, earnings and dividends.

Risk and Volatility

Alta Equipment Group has a beta of 2.03, suggesting that its share price is 103% more volatile than the S&P 500. Comparatively, Century Aluminum has a beta of 2.56, suggesting that its share price is 156% more volatile than the S&P 500.

Valuation and Earnings

This table compares Alta Equipment Group and Century Aluminum's revenue, earnings per share and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Alta Equipment GroupN/AN/A$10,000.00($0.56)-22.39
Century Aluminum$1.84 billion0.70$-80,800,000.00($1.35)-10.59

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

Analyst Ratings

This is a summary of current recommendations for Alta Equipment Group and Century Aluminum, as provided by MarketBeat.com.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Alta Equipment Group01202.67
Century Aluminum01002.00

Alta Equipment Group currently has a consensus target price of $14.50, suggesting a potential upside of 18.08%. Century Aluminum has a consensus target price of $7.00, suggesting a potential downside of 53.33%. Given Alta Equipment Group's stronger consensus rating and higher probable upside, analysts plainly believe Alta Equipment Group is more favorable than Century Aluminum.

Institutional & Insider Ownership

63.0% of Alta Equipment Group shares are held by institutional investors. Comparatively, 53.3% of Century Aluminum shares are held by institutional investors. 1.2% of Century Aluminum shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Profitability

This table compares Alta Equipment Group and Century Aluminum's net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
Alta Equipment GroupN/A-15.71%-2.61%
Century Aluminum-5.61%-14.02%-6.03%

Summary

Alta Equipment Group beats Century Aluminum on 9 of the 13 factors compared between the two stocks.

Encore Wire (NASDAQ:WIRE) and Alta Equipment Group (NYSE:ALTG) are both small-cap industrial products companies, but which is the superior investment? We will contrast the two businesses based on the strength of their risk, analyst recommendations, earnings, dividends, valuation, profitability and institutional ownership.

Risk & Volatility

Encore Wire has a beta of 1.24, indicating that its share price is 24% more volatile than the S&P 500. Comparatively, Alta Equipment Group has a beta of 2.03, indicating that its share price is 103% more volatile than the S&P 500.

Valuation & Earnings

This table compares Encore Wire and Alta Equipment Group's revenue, earnings per share (EPS) and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Encore Wire$1.27 billion1.12$58.13 million$2.7724.92
Alta Equipment GroupN/AN/A$10,000.00($0.56)-22.39

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

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for Encore Wire and Alta Equipment Group, as reported by MarketBeat.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Encore Wire01102.50
Alta Equipment Group01202.67

Encore Wire currently has a consensus price target of $72.50, suggesting a potential upside of 5.04%. Alta Equipment Group has a consensus price target of $14.50, suggesting a potential upside of 18.08%. Given Alta Equipment Group's stronger consensus rating and higher probable upside, analysts clearly believe Alta Equipment Group is more favorable than Encore Wire.

Institutional & Insider Ownership

87.8% of Encore Wire shares are held by institutional investors. Comparatively, 63.0% of Alta Equipment Group shares are held by institutional investors. 3.2% of Encore Wire shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Profitability

This table compares Encore Wire and Alta Equipment Group's net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
Encore Wire4.91%7.43%6.61%
Alta Equipment GroupN/A-15.71%-2.61%

Summary

Encore Wire beats Alta Equipment Group on 9 of the 13 factors compared between the two stocks.

Omega Flex (NASDAQ:OFLX) and Alta Equipment Group (NYSE:ALTG) are both small-cap industrial products companies, but which is the superior investment? We will contrast the two businesses based on the strength of their risk, analyst recommendations, earnings, dividends, valuation, profitability and institutional ownership.

Risk & Volatility

Omega Flex has a beta of 0.51, indicating that its share price is 49% less volatile than the S&P 500. Comparatively, Alta Equipment Group has a beta of 2.03, indicating that its share price is 103% more volatile than the S&P 500.

Valuation & Earnings

This table compares Omega Flex and Alta Equipment Group's revenue, earnings per share (EPS) and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Omega Flex$111.36 million13.11$17.29 millionN/AN/A
Alta Equipment GroupN/AN/A$10,000.00($0.56)-22.39

Omega Flex has higher revenue and earnings than Alta Equipment Group.

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for Omega Flex and Alta Equipment Group, as reported by MarketBeat.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Omega Flex0000N/A
Alta Equipment Group01202.67

Alta Equipment Group has a consensus price target of $14.50, suggesting a potential upside of 18.08%. Given Alta Equipment Group's higher probable upside, analysts clearly believe Alta Equipment Group is more favorable than Omega Flex.

Institutional & Insider Ownership

33.7% of Omega Flex shares are held by institutional investors. Comparatively, 63.0% of Alta Equipment Group shares are held by institutional investors. 45.0% of Omega Flex shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Profitability

This table compares Omega Flex and Alta Equipment Group's net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
Omega Flex17.60%46.30%30.37%
Alta Equipment GroupN/A-15.71%-2.61%

Summary

Omega Flex beats Alta Equipment Group on 7 of the 11 factors compared between the two stocks.

Kaman (NYSE:KAMN) and Alta Equipment Group (NYSE:ALTG) are both small-cap industrial products companies, but which is the superior investment? We will contrast the two businesses based on the strength of their risk, analyst recommendations, earnings, dividends, valuation, profitability and institutional ownership.

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for Kaman and Alta Equipment Group, as reported by MarketBeat.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Kaman00103.00
Alta Equipment Group01202.67

Kaman currently has a consensus price target of $65.00, suggesting a potential upside of 27.88%. Alta Equipment Group has a consensus price target of $14.50, suggesting a potential upside of 18.08%. Given Kaman's stronger consensus rating and higher probable upside, equities research analysts clearly believe Kaman is more favorable than Alta Equipment Group.

Risk & Volatility

Kaman has a beta of 1.26, indicating that its share price is 26% more volatile than the S&P 500. Comparatively, Alta Equipment Group has a beta of 2.03, indicating that its share price is 103% more volatile than the S&P 500.

Profitability

This table compares Kaman and Alta Equipment Group's net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
Kaman0.14%8.14%4.36%
Alta Equipment GroupN/A-15.71%-2.61%

Institutional & Insider Ownership

90.7% of Kaman shares are held by institutional investors. Comparatively, 63.0% of Alta Equipment Group shares are held by institutional investors. 1.9% of Kaman shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Valuation & Earnings

This table compares Kaman and Alta Equipment Group's revenue, earnings per share (EPS) and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Kaman$761.61 million1.86$209.83 million$1.6331.33
Alta Equipment GroupN/AN/A$10,000.00($0.56)-22.39

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

Summary

Kaman beats Alta Equipment Group on 11 of the 13 factors compared between the two stocks.

Alta Equipment Group (NYSE:ALTG) and Hyster-Yale Materials Handling (NYSE:HY) are both small-cap industrial products companies, but which is the better investment? We will contrast the two businesses based on the strength of their analyst recommendations, valuation, earnings, profitability, dividends, risk and institutional ownership.

Analyst Ratings

This is a breakdown of recent ratings and target prices for Alta Equipment Group and Hyster-Yale Materials Handling, as reported by MarketBeat.com.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Alta Equipment Group01202.67
Hyster-Yale Materials Handling01002.00

Alta Equipment Group currently has a consensus price target of $14.50, suggesting a potential upside of 18.08%. Hyster-Yale Materials Handling has a consensus price target of $38.00, suggesting a potential downside of 52.58%. Given Alta Equipment Group's stronger consensus rating and higher probable upside, research analysts plainly believe Alta Equipment Group is more favorable than Hyster-Yale Materials Handling.

Volatility & Risk

Alta Equipment Group has a beta of 2.03, meaning that its stock price is 103% more volatile than the S&P 500. Comparatively, Hyster-Yale Materials Handling has a beta of 1.31, meaning that its stock price is 31% more volatile than the S&P 500.

Profitability

This table compares Alta Equipment Group and Hyster-Yale Materials Handling's net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
Alta Equipment GroupN/A-15.71%-2.61%
Hyster-Yale Materials Handling0.94%4.79%1.53%

Institutional and Insider Ownership

63.0% of Alta Equipment Group shares are held by institutional investors. Comparatively, 43.0% of Hyster-Yale Materials Handling shares are held by institutional investors. 30.9% of Hyster-Yale Materials Handling shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Valuation and Earnings

This table compares Alta Equipment Group and Hyster-Yale Materials Handling's top-line revenue, earnings per share (EPS) and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Alta Equipment GroupN/AN/A$10,000.00($0.56)-22.39
Hyster-Yale Materials Handling$3.29 billion0.41$35.80 millionN/AN/A

Hyster-Yale Materials Handling has higher revenue and earnings than Alta Equipment Group.

Summary

Hyster-Yale Materials Handling beats Alta Equipment Group on 7 of the 12 factors compared between the two stocks.


Alta Equipment Group Competitors List

Competitor NameCompetitor BTM RankCompetitor PriceCompetitor Price ChangeCompetitor Market CapCompetitor RevenueCompetitor P/E RatioCompetitor Indicator(s)
Tennant logo
TNC
Tennant
1.6$78.37-2.1%$1.49 billion$1.14 billion34.52
Century Aluminum logo
CENX
Century Aluminum
0.9$14.29-15.5%$1.49 billion$1.84 billion-13.87Decrease in Short Interest
Encore Wire logo
WIRE
Encore Wire
1.5$69.02-2.7%$1.46 billion$1.27 billion24.92Upcoming Earnings
News Coverage
Omega Flex logo
OFLX
Omega Flex
0.7$144.59-0.1%$1.46 billion$111.36 million79.88Upcoming Earnings
Decrease in Short Interest
Gap Up
Kaman logo
KAMN
Kaman
2.0$51.06-2.3%$1.45 billion$761.61 million1,702.57
Hyster-Yale Materials Handling logo
HY
Hyster-Yale Materials Handling
1.1$80.49-3.7%$1.40 billion$3.29 billion49.69News Coverage
H&E Equipment Services logo
HEES
H&E Equipment Services
1.9$36.68-4.6%$1.39 billion$1.35 billion366.80Decrease in Short Interest
News Coverage
TriMas logo
TRS
TriMas
1.1$30.47-1.5%$1.34 billion$723.53 million-19.92
Columbus McKinnon logo
CMCO
Columbus McKinnon
1.8$52.42-2.0%$1.28 billion$809.16 million71.81
AZZ logo
AZZ
AZZ
1.7$49.70-1.5%$1.28 billion$1.06 billion101.43Upcoming Earnings
Decrease in Short Interest
Standex International logo
SXI
Standex International
2.0$92.93-2.7%$1.18 billion$604.53 million65.44Decrease in Short Interest
Energy Recovery logo
ERII
Energy Recovery
1.0$17.93-3.8%$1.06 billion$86.94 million44.83Analyst Upgrade
News Coverage
Apogee Enterprises logo
APOG
Apogee Enterprises
2.0$35.23-2.4%$937.85 million$1.39 billion13.29
DMC Global logo
BOOM
DMC Global
1.1$53.07-6.6%$893.57 million$397.55 million-136.07Upcoming Earnings
The Gorman-Rupp logo
GRC
The Gorman-Rupp
1.1$33.01-2.1%$879.61 million$398.18 million32.05Upcoming Earnings
ACCO Brands logo
ACCO
ACCO Brands
2.6$8.34-3.6%$825.00 million$1.96 billion10.69Upcoming Earnings
Hollysys Automation Technologies logo
HOLI
Hollysys Automation Technologies
2.5$12.76-1.3%$782.74 million$503.33 million11.00
ScanSource logo
SCSC
ScanSource
1.4$31.24-1.8%$781.12 million$3.05 billion-3.67
Myers Industries logo
MYE
Myers Industries
2.4$21.14-0.0%$762.22 million$515.70 million19.22
MRC Global logo
MRC
MRC Global
1.3$8.72-4.8%$755.65 million$3.66 billion-2.25Upcoming Earnings
News Coverage
The Manitowoc logo
MTW
The Manitowoc
1.1$20.21-4.3%$731.24 million$1.83 billion-59.44
Heritage-Crystal Clean logo
HCCI
Heritage-Crystal Clean
1.3$27.96-2.8%$694.43 million$444.43 million139.80
Eos Energy Enterprises logo
EOSE
Eos Energy Enterprises
1.5$12.37-8.2%$693.62 millionN/A0.00Increase in Short Interest
Gap Up
CIRCOR International logo
CIR
CIRCOR International
1.5$32.88-2.8%$681.75 million$964.31 million-3.87
Insteel Industries logo
IIIN
Insteel Industries
1.1$31.45-1.4%$616.12 million$472.62 million32.09Upcoming Earnings
Decrease in Short Interest
Titan International logo
TWI
Titan International
1.1$9.56-4.2%$612.15 million$1.45 billion-8.54Decrease in Short Interest
Napco Security Technologies logo
NSSC
Napco Security Technologies
1.5$31.93-2.2%$598.66 million$101.36 million76.03
Digimarc logo
DMRC
Digimarc
0.9$33.48-3.2%$582.03 million$22.99 million-12.09
Luxfer logo
LXFR
Luxfer
2.4$20.26-2.4%$573.17 million$443.50 million54.76Upcoming Earnings
News Coverage
DXP Enterprises logo
DXPE
DXP Enterprises
1.2$28.82-2.2%$568.18 million$1.27 billion-20.59Decrease in Short Interest
News Coverage
EBON
Ebang International
1.0$4.11-5.4%$542.16 million$109.06 million0.00Gap Up
Ennis logo
EBF
Ennis
1.4$20.24-0.7%$531.31 million$438.41 million19.09Decrease in Short Interest
Unifi logo
UFI
Unifi
1.5$27.06-2.2%$511 million$606.51 million-8.65Decrease in Short Interest
News Coverage
Ituran Location and Control logo
ITRN
Ituran Location and Control
1.6$21.31-0.9%$504.61 million$279.33 million-78.92Increase in Short Interest
The ExOne logo
XONE
The ExOne
1.4$22.32-2.3%$503.95 million$53.28 million-25.36Gap Up
Ardagh Group logo
ARD
Ardagh Group
2.2$26.55-1.4%$502.51 million$6.66 billion4.28Upcoming Earnings
Nesco logo
NSCO
Nesco
1.4$10.01-0.1%$490.83 million$264.04 million-43.52
Lawson Products logo
LAWS
Lawson Products
2.1$49.98-0.6%$453.12 million$370.79 million39.67Analyst Upgrade
Park-Ohio logo
PKOH
Park-Ohio
1.5$33.21-4.6%$437.16 million$1.62 billion-144.39Decrease in Short Interest
Powell Industries logo
POWL
Powell Industries
1.1$34.49-1.7%$409.33 million$518.50 million24.12
Superior Group of Companies logo
SGC
Superior Group of Companies
1.9$23.86-3.4%$383.29 million$376.70 million11.64Gap Down
UFP Technologies logo
UFPT
UFP Technologies
1.3$49.53-0.8%$375.32 million$198.38 million24.77
NN logo
NNBR
NN
0.9$7.87-0.4%$338.05 million$847.45 million-1.22News Coverage
Northwest Pipe logo
NWPX
Northwest Pipe
1.3$32.35-3.2%$327.79 million$279.32 million12.35News Coverage
Net 1 UEPS Technologies logo
UEPS
Net 1 UEPS Technologies
1.7$5.33-7.1%$323.27 million$151 million-2.94
CIX
CompX International
0.3$23.94-0.2%$298.08 million$124.20 million26.02
CECO Environmental logo
CECE
CECO Environmental
2.3$7.68-1.4%$275.38 million$341.87 million18.29Decrease in Short Interest
News Coverage
Hurco Companies logo
HURC
Hurco Companies
1.3$34.02-2.2%$228.99 million$170.63 million147.92
Lakeland Industries logo
LAKE
Lakeland Industries
1.8$28.00-0.0%$224.48 million$107.81 million7.95Earnings Announcement
Analyst Upgrade
Sharps Compliance logo
SMED
Sharps Compliance
1.5$14.89-9.1%$223.41 million$51.15 million212.74
This page was last updated on 4/20/2021 by MarketBeat.com Staff
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