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ALTG

Alta Equipment Group NYSE:ALTG Stock Report

Last Price

US$17.17

Market Cap

US$552.8m

7D

3.6%

1Y

31.8%

Updated

02 Feb, 2023

Data

Company Financials +

Alta Equipment Group Inc.

NYSE:ALTG Stock Report

Mkt Cap: US$552.8m

ALTG Stock Overview

Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States.

ALTG fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance3/6
Financial Health1/6
Dividends1/6

My Notes

New

Notes are coming soon

Alta Equipment Group Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Alta Equipment Group
Historical stock prices
Current Share PriceUS$17.17
52 Week HighUS$17.30
52 Week LowUS$8.65
Beta1.53
1 Month Change29.10%
3 Month Change40.16%
1 Year Change31.77%
3 Year Change68.17%
5 Year Changen/a
Change since IPO77.01%

Recent News & Updates

Alta Equipment declares $0.057 dividend

Feb 01

Recent updates

Alta Equipment declares $0.057 dividend

Feb 01

Alta Equipment Group to acquire Ecoverse Industries

Oct 18

Alta Equipment: Multiple Tailwinds

Sep 26

At US$12.93, Is Alta Equipment Group Inc. (NYSE:ALTG) Worth Looking At Closely?

Sep 09
At US$12.93, Is Alta Equipment Group Inc. (NYSE:ALTG) Worth Looking At Closely?

Alta Equipment Group (NYSE:ALTG) Will Be Hoping To Turn Its Returns On Capital Around

Jul 19
Alta Equipment Group (NYSE:ALTG) Will Be Hoping To Turn Its Returns On Capital Around

Alta Equipment initiates $0.057 dividend, to buyback $12.5M shares

Jul 12

Alta Equipment Group to acquire privately held Yale Industrial Trucks

Jul 06

Our First Take On Alta Equipment Group

Dec 01

Alta Equipment Group (NYSE:ALTG) Is Reinvesting At Lower Rates Of Return

Nov 30
Alta Equipment Group (NYSE:ALTG) Is Reinvesting At Lower Rates Of Return

Earnings Update: Here's Why Analysts Just Lifted Their Alta Equipment Group Inc. (NYSE:ALTG) Price Target To US$17.50

Aug 15
Earnings Update: Here's Why Analysts Just Lifted Their Alta Equipment Group Inc. (NYSE:ALTG) Price Target To US$17.50

These 4 Measures Indicate That Alta Equipment Group (NYSE:ALTG) Is Using Debt In A Risky Way

Aug 12
These 4 Measures Indicate That Alta Equipment Group (NYSE:ALTG) Is Using Debt In A Risky Way

There Are Reasons To Feel Uneasy About Alta Equipment Group's (NYSE:ALTG) Returns On Capital

May 26
There Are Reasons To Feel Uneasy About Alta Equipment Group's (NYSE:ALTG) Returns On Capital

Alta Equipment Group (NYSE:ALTG) Has Debt But No Earnings; Should You Worry?

Mar 31
Alta Equipment Group (NYSE:ALTG) Has Debt But No Earnings; Should You Worry?

Alta Equipment Group Inc. 2020 Q3 - Results - Earnings Call Presentation

Nov 13

Shareholder Returns

ALTGUS Trade DistributorsUS Market
7D3.6%4.4%1.7%
1Y31.8%8.8%-9.1%

Return vs Industry: ALTG exceeded the US Trade Distributors industry which returned 5.1% over the past year.

Return vs Market: ALTG exceeded the US Market which returned -12.5% over the past year.

Price Volatility

Is ALTG's price volatile compared to industry and market?
ALTG volatility
ALTG Average Weekly Movement4.3%
Trade Distributors Industry Average Movement5.4%
Market Average Movement6.8%
10% most volatile stocks in US Market17.5%
10% least volatile stocks in US Market2.8%

Stable Share Price: ALTG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: ALTG's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19842,250Ryan Greenawalthttps://www.altaequipment.com

Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States. It operates in two segments, Material Handling and Construction Equipment. The company operates a branch network that sells, rents, and provides parts and service support for various categories of specialized equipment, including lift trucks and aerial work platforms, earthmoving equipment, cranes, paving and asphalt equipment, and other material handling and construction equipment.

Alta Equipment Group Inc. Fundamentals Summary

How do Alta Equipment Group's earnings and revenue compare to its market cap?
ALTG fundamental statistics
Market CapUS$552.78m
Earnings (TTM)US$6.50m
Revenue (TTM)US$1.50b

85.0x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ALTG income statement (TTM)
RevenueUS$1.50b
Cost of RevenueUS$1.10b
Gross ProfitUS$397.90m
Other ExpensesUS$391.40m
EarningsUS$6.50m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.20
Gross Margin26.54%
Net Profit Margin0.43%
Debt/Equity Ratio483.9%

How did ALTG perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

56%

Payout Ratio