ALTG Stock Overview
Owns and operates integrated equipment dealership platforms in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
Rewards
Risk Analysis
My Notes
Capture your thoughts, links and company narrative
Alta Equipment Group Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$6.72 |
| 52 Week High | US$13.67 |
| 52 Week Low | US$5.40 |
| Beta | 1.72 |
| 1 Month Change | -15.04% |
| 3 Month Change | 4.19% |
| 1 Year Change | -45.94% |
| 3 Year Change | -54.38% |
| 5 Year Change | -33.40% |
| Change since IPO | -30.72% |
Recent News & Updates
Alta Equipment Group (NYSE:ALTG) Will Be Hoping To Turn Its Returns On Capital Around
Dec 19
Alta Equipment Group's (NYSE:ALTG) Dividend Will Be $0.057
Nov 08Alta Equipment Group Inc.'s (NYSE:ALTG) Share Price Is Matching Sentiment Around Its Revenues
Nov 07Recent updates
Alta Equipment Group (NYSE:ALTG) Will Be Hoping To Turn Its Returns On Capital Around
Dec 19Alta Equipment Group's (NYSE:ALTG) Dividend Will Be $0.057
Nov 08Alta Equipment Group Inc.'s (NYSE:ALTG) Share Price Is Matching Sentiment Around Its Revenues
Nov 07Here's What's Concerning About Alta Equipment Group's (NYSE:ALTG) Returns On Capital
Sep 17Alta Equipment Group: More Than 100% Upside As Cash Piles Up In Coming Quarters
Aug 27Alta Equipment Group (NYSE:ALTG) Has No Shortage Of Debt
Aug 26Alta Equipment Group (NYSE:ALTG) Will Pay A Dividend Of $0.057
Aug 05Investors Still Aren't Entirely Convinced By Alta Equipment Group Inc.'s (NYSE:ALTG) Revenues Despite 27% Price Jump
Jul 17Returns On Capital At Alta Equipment Group (NYSE:ALTG) Paint A Concerning Picture
Jun 05Benign Growth For Alta Equipment Group Inc. (NYSE:ALTG) Underpins Stock's 31% Plummet
May 14Greenhaven Road Capital - Alta Equipment Group: A Razor/Razorblade Model Free Cash Flow Generator
May 01Is Now The Time To Look At Buying Alta Equipment Group Inc. (NYSE:ALTG)?
Apr 17Weak Statutory Earnings May Not Tell The Whole Story For Alta Equipment Group (NYSE:ALTG)
Mar 22Alta Equipment Group (NYSE:ALTG) Has Affirmed Its Dividend Of $0.057
Feb 05Alta Equipment: Debt And Control Concerns Mitigate The Gains From Acquisitions
Jan 12Alta Equipment Group (NYSE:ALTG) Is Paying Out A Dividend Of $0.057
Aug 11Alta Equipment Looks Cheap: Proven Model, M&A, And Online Efforts
Jul 27Estimating The Intrinsic Value Of Alta Equipment Group Inc. (NYSE:ALTG)
May 16When Should You Buy Alta Equipment Group Inc. (NYSE:ALTG)?
Apr 06Alta Equipment declares $0.057 dividend
Feb 01Alta Equipment Group to acquire Ecoverse Industries
Oct 18Alta Equipment: Multiple Tailwinds
Sep 26At US$12.93, Is Alta Equipment Group Inc. (NYSE:ALTG) Worth Looking At Closely?
Sep 09Shareholder Returns
| ALTG | US Trade Distributors | US Market | |
|---|---|---|---|
| 7D | -8.4% | -4.8% | -2.7% |
| 1Y | -45.9% | 13.3% | 23.4% |
Return vs Industry: ALTG underperformed the US Trade Distributors industry which returned 13.3% over the past year.
Return vs Market: ALTG underperformed the US Market which returned 23.4% over the past year.
Price Volatility
| ALTG volatility | |
|---|---|
| ALTG Average Weekly Movement | 9.1% |
| Trade Distributors Industry Average Movement | 5.9% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.9% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: ALTG has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: ALTG's weekly volatility (9%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1984 | 3,000 | Ryan Greenawalt | www.altg.com |
Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States. It operates through three segments: Material Handling, Construction Equipment, and Master Distribution. 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 other material handling equipment, heavy and compact earthmoving equipment, crushing and screening equipment, environmental processing equipment, cranes and aerial work platforms, paving and asphalt equipment, and other construction equipment and related products.
Alta Equipment Group Inc. Fundamentals Summary
| ALTG fundamental statistics | |
|---|---|
| Market cap | US$221.15m |
| Earnings (TTM) | -US$56.40m |
| Revenue (TTM) | US$1.90b |
0.1x
P/S Ratio-4.0x
P/E RatioIs ALTG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ALTG income statement (TTM) | |
|---|---|
| Revenue | US$1.90b |
| Cost of Revenue | US$1.39b |
| Gross Profit | US$510.20m |
| Other Expenses | US$566.60m |
| Earnings | -US$56.40m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.70 |
| Gross Margin | 26.85% |
| Net Profit Margin | -2.97% |
| Debt/Equity Ratio | 1,132.7% |
How did ALTG perform over the long term?
See historical performance and comparisonDividends
3.4%
Current Dividend Yield-13%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 22:52 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Alta Equipment Group Inc. is covered by 5 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Alexander Rygiel | B. Riley Securities, Inc. |
| Matt Summerville | D.A. Davidson & Co. |
| Edward Jackson | Northland Capital Markets |