Alta Equipment Group (ALTG) Stock Overview
Owns and operates integrated equipment dealership platforms in the United States and Canada. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
ALTG Community Fair Values
Create NarrativeSee what 9 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Alta Equipment Group Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$5.04 |
| 52 Week High | US$8.99 |
| 52 Week Low | US$4.16 |
| Beta | 1.81 |
| 1 Month Change | -25.33% |
| 3 Month Change | -28.51% |
| 1 Year Change | 1.82% |
| 3 Year Change | -64.71% |
| 5 Year Change | -65.41% |
| Change since IPO | -48.04% |
Recent News & Updates
Narrative Update • May 03
ALTG: 2026 Guidance And Buybacks Will Support Bullish Outlook
Narrative Update Alta Equipment Group's updated analyst price target has shifted to $17 from $20. Analysts point to robust 2026 guidance, emerging improvements across construction and materials handling end markets, and unchanged longer term sales forecasts alongside higher adjusted EBITDA and pro forma free cash flow estimates.
Narrative Update • Apr 19
ALTG: Future Performance Will Reflect 2026 Guidance And Execution Risk
Narrative Update The analyst price target for Alta Equipment Group has been raised from $6.75 to $7.00 as analysts factor in revised expectations around robust 2026 guidance, an improving macro backdrop and greenshoots in key end markets, alongside updated views on future P/E, margins and revenue growth. Analyst Commentary Recent Street research on Alta Equipment Group reflects a mix of optimism around long term guidance and more tempered views tied to execution and valuation risk.Narrative Update • Apr 04
ALTG: 2026 Guidance And Improving End Markets Will Support Bullish Outlook
Narrative Update: Alta Equipment Group Analysts have reset Alta Equipment Group's consolidated price target to $17.00, with some moving up from $6.75 to $9.50 and others down from $20.00 to $17.00. This reflects updated views that balance robust 2026 guidance, an improving backdrop in key end markets, and adjustments to long term revenue growth, profit margin and P/E assumptions.Recent updates
Narrative Update • May 03
ALTG: 2026 Guidance And Buybacks Will Support Bullish Outlook
Narrative Update Alta Equipment Group's updated analyst price target has shifted to $17 from $20. Analysts point to robust 2026 guidance, emerging improvements across construction and materials handling end markets, and unchanged longer term sales forecasts alongside higher adjusted EBITDA and pro forma free cash flow estimates.Narrative Update • Apr 19
ALTG: Future Performance Will Reflect 2026 Guidance And Execution Risk
Narrative Update The analyst price target for Alta Equipment Group has been raised from $6.75 to $7.00 as analysts factor in revised expectations around robust 2026 guidance, an improving macro backdrop and greenshoots in key end markets, alongside updated views on future P/E, margins and revenue growth. Analyst Commentary Recent Street research on Alta Equipment Group reflects a mix of optimism around long term guidance and more tempered views tied to execution and valuation risk.Narrative Update • Apr 04
ALTG: 2026 Guidance And Improving End Markets Will Support Bullish Outlook
Narrative Update: Alta Equipment Group Analysts have reset Alta Equipment Group's consolidated price target to $17.00, with some moving up from $6.75 to $9.50 and others down from $20.00 to $17.00. This reflects updated views that balance robust 2026 guidance, an improving backdrop in key end markets, and adjustments to long term revenue growth, profit margin and P/E assumptions.Narrative Update • Mar 21
ALTG: Long Term 2026 Outlook Will Support Upbeat Outlook
Alta Equipment Group's analyst price target has shifted from $20 to $17 as analysts update their models to reflect revised fair value, slightly adjusted discount rates, and refreshed expectations for revenue growth, margins, and future P/E in light of upbeat long term guidance and ongoing Outperform ratings. Analyst Commentary Bullish analysts are highlighting Alta Equipment Group's long term guidance and recent research updates as key supports for the latest price target revisions.
Narrative Update • Mar 07
ALTG: Higher Margin And Cash Flow Outlook Will Support Future Upside
Alta Equipment Group's analyst price target has been trimmed by $0.20 to reflect slightly lower modeled revenue growth and a modestly reduced future P/E multiple, even as analysts point to higher projected profit margins and stronger adjusted EBITDA and pro forma free cash flow. Analyst Commentary Recent Street research around Alta Equipment Group reflects a mix of optimism on profitability and cash generation alongside a more cautious stance on valuation and growth assumptions.Narrative Update • Feb 20
ALTG: Lower Discount Rate And Margins Outlook Will Support Future Upside
Alta Equipment Group's analyst price target has been reaffirmed at $9.95, with analysts pointing to a slightly lower discount rate and modestly adjusted profit margin and future P/E assumptions to support the updated view. Valuation Changes Fair Value: $9.95 remains unchanged, suggesting the updated inputs leave the headline valuation level intact.Narrative Update • Feb 05
ALTG: Future Performance Will Reflect Tariff Headwinds And Competitive Pricing Pressures
Analysts have trimmed their price target on Alta Equipment Group to about US$6.75 from US$8, citing lower adjusted EBITDA expectations linked to tariff headwinds, mixed end markets, and ongoing competitive pricing in the Construction Equipment segment, while their models reflect updated assumptions for revenue growth, profit margins, and future P/E multiples. Analyst Commentary Recent Street research shows a series of price target cuts on Alta Equipment Group, reflecting a more cautious tone around near term execution and valuation risk.Narrative Update • Jan 22
ALTG: Tariff Pressures And Pricing Headwinds Will Ultimately Ease To Support Margins
Narrative Update Analysts have reduced their blended 12 month price target for Alta Equipment Group from about $9 to roughly $7.50, citing lower adjusted EBITDA outlooks tied to tariff headwinds, mixed end markets, and ongoing competitive pricing pressure in the Construction Equipment segment. Analyst Commentary Recent research updates around Alta Equipment Group reflect a mixed stance, with both bullish and bearish analysts adjusting expectations after the Q3 earnings miss and tariff related headwinds.Analysis Article • Jan 09
Little Excitement Around Alta Equipment Group Inc.'s (NYSE:ALTG) Revenues
When you see that almost half of the companies in the Trade Distributors industry in the United States have...Narrative Update • Jan 08
ALTG: Tariff Headwinds And Competitive Pricing Will Ultimately Ease To Support Margins
Narrative Update Alta Equipment Group's analyst price targets have moved lower, with recent cuts from $10 to $8 and from $8 to $7 as analysts factor in tariff headwinds, mixed end markets and competitive pricing in the Construction Equipment segment, while our fair value estimate remains unchanged at $9.95. Analyst Commentary Recent Street research around Alta Equipment Group reflects a mix of optimism on long term positioning and caution around near term execution and macro sensitivities, especially after the Q3 earnings miss and tariff related pressures.Narrative Update • Dec 20
ALTG: Tariff Pressures Will Ultimately Give Way To Margin Recovery Potential
Analysts have trimmed their price target on Alta Equipment Group by $1, reflecting lower adjusted EBITDA expectations amid tariff headwinds, mixed end markets, and persistent competitive pricing in the Construction Equipment segment. Analyst Commentary Bullish analysts see the reduced price targets as reflecting near term macro and tariff uncertainty rather than a structural change in Alta Equipment Group's long term earnings power.Analysis Article • Dec 13
We Like These Underlying Return On Capital Trends At Alta Equipment Group (NYSE:ALTG)
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...Narrative Update • Dec 06
ALTG: Tariff Pressures Will Ultimately Reveal Compelling Undervalued Upside Potential
Narrative Update on Alta Equipment Group Alta Equipment Group's analyst price target has been revised downward by analysts from a prior range centered near $9 to $10 to approximately $7 to $8 per share, reflecting tempered adjusted EBITDA expectations amid tariff headwinds, mixed end markets, and ongoing competitive pressures in its Construction Equipment segment. Analyst Commentary Recent Street commentary on Alta Equipment Group highlights a more balanced, wait and see stance, with lower price targets reflecting reduced earnings visibility while still acknowledging potential upside if management can execute on growth and margin initiatives.Narrative Update • Nov 22
ALTG: Navigating Tariff Headwinds Will Drive Potential Value Upside Ahead
Analysts have lowered their price target for Alta Equipment Group from $11.38 to $9.95. They cite mixed end markets, increased tariff headwinds, and continued competitive pressures in the Construction Equipment segment as the primary factors influencing this downward revision.Analysis Article • Nov 15
Alta Equipment Group (NYSE:ALTG) Has No Shortage Of Debt
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Sep 13
Alta Equipment Group Inc. (NYSE:ALTG) Looks Inexpensive But Perhaps Not Attractive Enough
When close to half the companies operating in the Trade Distributors industry in the United States have price-to-sales...Seeking Alpha • Sep 12
Robust Strategy, Heavy Debt: Why Alta Screens As A Hold, Not A Buy (Rating Downgrade)
Summary Alta's strategic focus on recurring revenue, fleet optimization, and margin expansion positions it well, but macro headwinds and tariffs create near-term uncertainty. Robust liquidity and continued share buybacks reflect management's confidence, yet elevated debt and variable-rate exposure pose long-term risks. Valuation is reasonable compared to peers, but upside is capped by leverage and market volatility, making debt reduction the key priority for value creation. Read the full article on Seeking AlphaNarrative Update • Aug 10
Government Support And Construction Investment Will Fuel Equipment Demand
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.
New Narrative • Apr 01
IIJA Spending And Automation Will Lift Heavy Equipment Demand
Elevated infrastructure spending and optimized operational initiatives are expected to boost Alta's revenue and profitability in key segments.Analysis Article • Dec 19
Alta Equipment Group (NYSE:ALTG) Will Be Hoping To Turn Its Returns On Capital Around
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...Analysis Article • Nov 08
Alta Equipment Group's (NYSE:ALTG) Dividend Will Be $0.057
The board of Alta Equipment Group Inc. ( NYSE:ALTG ) has announced that it will pay a dividend on the 29th of November...Analysis Article • Nov 07
Alta Equipment Group Inc.'s (NYSE:ALTG) Share Price Is Matching Sentiment Around Its Revenues
When you see that almost half of the companies in the Trade Distributors industry in the United States have...Analysis Article • Sep 17
Here's What's Concerning About Alta Equipment Group's (NYSE:ALTG) Returns On Capital
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Seeking Alpha • Aug 27
Alta Equipment Group: More Than 100% Upside As Cash Piles Up In Coming Quarters
Summary Alta Equipment Group is another example of a company where my view appears to be quite different from the market's view. Mr. Market can focus on interest rates, but I see infrastructure spending as the more relevant driver of future earnings. I see well more than 100% upside from the quarter-ending share price, as we should all see the cash pile up in the coming quarters. Read the full article on Seeking AlphaAnalysis Article • Aug 26
Alta Equipment Group (NYSE:ALTG) Has No Shortage Of Debt
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Aug 05
Alta Equipment Group (NYSE:ALTG) Will Pay A Dividend Of $0.057
Alta Equipment Group Inc. ( NYSE:ALTG ) will pay a dividend of $0.057 on the 30th of August. The dividend yield will be...Analysis Article • Jul 17
Investors Still Aren't Entirely Convinced By Alta Equipment Group Inc.'s (NYSE:ALTG) Revenues Despite 27% Price Jump
Those holding Alta Equipment Group Inc. ( NYSE:ALTG ) shares would be relieved that the share price has rebounded 27...Analysis Article • Jun 05
Returns On Capital At Alta Equipment Group (NYSE:ALTG) Paint A Concerning Picture
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...Analysis Article • May 14
Benign Growth For Alta Equipment Group Inc. (NYSE:ALTG) Underpins Stock's 31% Plummet
Alta Equipment Group Inc. ( NYSE:ALTG ) shares have had a horrible month, losing 31% after a relatively good period...Seeking Alpha • May 01
Greenhaven Road Capital - Alta Equipment Group: A Razor/Razorblade Model Free Cash Flow Generator
Summary Alta Equipment Group is a heavy equipment sales and maintenance company with geographic monopolies in certain markets. The company's end markets are less cyclical than they appear, with a focus on infrastructure and warehouses supported by government spending and e-commerce trends. Alta generates more cash than it appears, with acquisitions and rental rates contributing to its cash-generation potential. Read the full article on Seeking AlphaAnalysis Article • Apr 17
Is Now The Time To Look At Buying Alta Equipment Group Inc. (NYSE:ALTG)?
Alta Equipment Group Inc. ( NYSE:ALTG ), might not be a large cap stock, but it saw a double-digit share price rise of...Analysis Article • Mar 22
Weak Statutory Earnings May Not Tell The Whole Story For Alta Equipment Group (NYSE:ALTG)
Alta Equipment Group Inc.'s ( NYSE:ALTG ) stock showed strength, with investors undeterred by its weak earnings report...Analysis Article • Feb 05
Alta Equipment Group (NYSE:ALTG) Has Affirmed Its Dividend Of $0.057
Alta Equipment Group Inc. ( NYSE:ALTG ) will pay a dividend of $0.057 on the 29th of February. Based on this payment...Shareholder Returns
| ALTG | US Trade Distributors | US Market | |
|---|---|---|---|
| 7D | -22.8% | -1.9% | -0.3% |
| 1Y | 1.8% | 19.9% | 26.7% |
Return vs Industry: ALTG underperformed the US Trade Distributors industry which returned 19.9% over the past year.
Return vs Market: ALTG underperformed the US Market which returned 26.7% over the past year.
Price Volatility
| ALTG volatility | |
|---|---|
| ALTG Average Weekly Movement | 10.5% |
| Trade Distributors Industry Average Movement | 7.2% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.2% |
| 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 (11%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1984 | 2,750 | Ryan Greenawalt | www.altg.com |
Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States and Canada. It operates through three segments: Material Handling, Construction Equipment, and Master Distribution. The company 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$178.95m |
| Earnings (TTM) | -US$81.90m |
| Revenue (TTM) | US$1.82b |
0.1x
P/S Ratio-2.0x
P/E RatioIs ALTG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ALTG income statement (TTM) | |
|---|---|
| Revenue | US$1.82b |
| Cost of Revenue | US$1.35b |
| Gross Profit | US$468.90m |
| Other Expenses | US$550.80m |
| Earnings | -US$81.90m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | -2.52 |
| Gross Margin | 25.72% |
| Net Profit Margin | -4.49% |
| Debt/Equity Ratio | -3,631.1% |
How did ALTG perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/21 21:44 |
| End of Day Share Price | 2026/05/21 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
| |
| 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 Github.
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 |
|---|---|
| Liam Burke | B. Riley Securities, Inc. |
| Matt Summerville | D.A. Davidson & Co. |
| Edward Jackson | Northland Capital Markets |