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

Alta Equipment Group logo
$8.20 -0.14 (-1.62%)
Closing price 03:59 PM Eastern
Extended Trading
$8.20 -0.01 (-0.06%)
As of 04:11 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 Polygon.io. Learn more.

About Alta Equipment Group Stock (NYSE:ALTG)

Key Stats

Today's Range
$8.18
$8.37
50-Day Range
$5.85
$8.60
52-Week Range
$3.54
$8.99
Volume
253,413 shs
Average Volume
223,298 shs
Market Capitalization
$262.97 million
P/E Ratio
N/A
Dividend Yield
2.80%
Price Target
$11.25
Consensus Rating
Buy

Company Overview

Alta Equipment Group Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
80th Percentile Overall Score

ALTG MarketRank™: 

Alta Equipment Group scored higher than 80% of companies evaluated by MarketBeat, and ranked 59th out of 179 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 Buy. The company's average rating score is 3.00, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Alta Equipment Group has only been the subject of 3 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 ($1.92) to ($1.25) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Alta Equipment Group is -4.00, 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 -4.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Alta Equipment Group has a P/B Ratio of 6.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Alta Equipment Group's valuation and earnings.
  • Percentage of Shares Shorted

    4.82% 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 3.8, 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 19.66%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Alta Equipment Group pays a meaningful dividend of 2.69%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Alta Equipment Group does not have a long track record of dividend growth.

  • Read more about Alta Equipment Group's dividend.
  • Percentage of Shares Shorted

    4.82% 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 3.8, 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 19.66%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Alta Equipment Group has a news sentiment score of 0.76. 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 3 news articles for Alta Equipment Group this week, compared to 2 articles on an average week.
  • Search Interest

    3 people have searched for ALTG on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Alta Equipment Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $48,000.00 in company stock and sold $0.00 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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ALTG Stock Analysis - Frequently Asked Questions

Alta Equipment Group's stock was trading at $6.54 at the beginning of the year. Since then, ALTG stock has increased by 26.1% and is now trading at $8.2470.

Alta Equipment Group Inc. (NYSE:ALTG) released its earnings results on Thursday, August, 7th. The company reported ($0.21) EPS for the quarter, topping analysts' consensus estimates of ($0.27) by $0.06. The firm earned $481.20 million during the quarter, compared to analysts' expectations of $478.63 million. Alta Equipment Group had a negative net margin of 3.53% and a negative trailing twelve-month return on equity of 95.61%.
Read the conference call transcript
.

Top institutional shareholders of Alta Equipment Group include Voss Capital LP (9.01%), Greenhaven Road Investment Management L.P. (4.14%), First Eagle Investment Management LLC (2.41%) and Geode Capital Management LLC (1.46%). Insiders that own company stock include Ryan Greenawalt, Mill Road Capital Iii, LP, Voss Capital, Lp, Daniel Shribman, B Riley Financial, Inc, Voss Capital, Llc, Anthony Colucci, Zachary E Savas, Craig Brubaker, Andrew P Studdert 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

Record date for 5/30 Dividend
5/15/2025
Ex-Dividend for 5/30 Dividend
5/15/2025
Dividend Payable
5/30/2025
Last Earnings
8/07/2025
Today
8/28/2025
Next Earnings (Estimated)
11/11/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
MACH - GENL INDL
Sub-Industry
Wholesale
Current Symbol
NYSE:ALTG
CIK
1759824
Fax
N/A
Employees
2,900
Year Founded
N/A

Price Target and Rating

High Price Target
$20.00
Low Price Target
$7.00
Potential Upside/Downside
+36.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

EPS (Trailing Twelve Months)
($2.06)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$62.10 million
Net Margins
-3.53%
Pretax Margin
-3.27%
Return on Equity
-95.61%
Return on Assets
-4.38%

Debt

Debt-to-Equity Ratio
16.69
Current Ratio
1.39
Quick Ratio
0.48

Sales & Book Value

Annual Sales
$1.88 billion
Price / Sales
0.14
Cash Flow
$2.57 per share
Price / Cash Flow
3.21
Book Value
$1.37 per share
Price / Book
6.01

Miscellaneous

Outstanding Shares
32,050,000
Free Float
25,895,000
Market Cap
$264.06 million
Optionable
Optionable
Beta
1.60

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This page (NYSE:ALTG) was last updated on 8/28/2025 by MarketBeat.com Staff
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