Update shared on10 Aug 2025
Fair value Increased 8.75%Alta Equipment Group’s analyst price target has been raised to $11.38, driven by improved transparency from pro forma free cash flow metrics, which boost confidence in long-term profitability and suggest the shares are undervalued.
Analyst Commentary
- Introduction of pro forma free cash flow metrics by Alta Equipment provides greater transparency and allows for more accurate forecasting.
- Bullish analysts highlight that pro forma free cash flow projections indicate the shares are meaningfully undervalued.
- Enhanced disclosure boosts analyst confidence in longer-term profitability and capital allocation.
- The alignment of analyst cash flow forecasts with company-issued metrics reduces uncertainty in future performance.
- Recent financial reporting changes prompt reassessment of earnings quality and growth outlook.
What's in the News
- Alta Equipment Group Inc. (NYSE:ALTG) was added to the Russell 2000 Value, 2500 Value, 3000 Value, 3000E Value, Microcap Value, and Small Cap Comp Value indices and benchmark indices.
Valuation Changes
Summary of Valuation Changes for Alta Equipment Group
- The Consensus Analyst Price Target has risen from $10.46 to $11.38.
- The Consensus Revenue Growth forecasts for Alta Equipment Group has significantly risen from 2.6% per annum to 3.0% per annum.
- The Future P/E for Alta Equipment Group has fallen from 4.34x to 4.12x.
Disclaimer
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