ALTG Stock Overview
Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States.
Snowflake Score | |
---|---|
Valuation | 0/6 |
Future Growth | 3/6 |
Past Performance | 2/6 |
Financial Health | 3/6 |
Dividends | 1/6 |
Alta Equipment Group Inc. Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$12.95 |
52 Week High | US$17.98 |
52 Week Low | US$8.76 |
Beta | 1.64 |
1 Month Change | 10.68% |
3 Month Change | 4.69% |
1 Year Change | -17.04% |
3 Year Change | -3.29% |
5 Year Change | n/a |
Change since IPO | 33.51% |
Recent News & Updates
Recent updates
Weak 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 09Alta Equipment Group (NYSE:ALTG) Will Be Hoping To Turn Its Returns On Capital Around
Jul 19Alta Equipment initiates $0.057 dividend, to buyback $12.5M shares
Jul 12Alta Equipment Group to acquire privately held Yale Industrial Trucks
Jul 06Our First Take On Alta Equipment Group
Dec 01Alta Equipment Group (NYSE:ALTG) Is Reinvesting At Lower Rates Of Return
Nov 30Earnings Update: Here's Why Analysts Just Lifted Their Alta Equipment Group Inc. (NYSE:ALTG) Price Target To US$17.50
Aug 15These 4 Measures Indicate That Alta Equipment Group (NYSE:ALTG) Is Using Debt In A Risky Way
Aug 12There Are Reasons To Feel Uneasy About Alta Equipment Group's (NYSE:ALTG) Returns On Capital
May 26Alta Equipment Group (NYSE:ALTG) Has Debt But No Earnings; Should You Worry?
Mar 31Shareholder Returns
ALTG | US Trade Distributors | US Market | |
---|---|---|---|
7D | -0.2% | -0.7% | 0.2% |
1Y | -17.0% | 54.4% | 28.1% |
Return vs Industry: ALTG underperformed the US Trade Distributors industry which returned 54.8% over the past year.
Return vs Market: ALTG underperformed the US Market which returned 28.8% over the past year.
Price Volatility
ALTG volatility | |
---|---|
ALTG Average Weekly Movement | 6.0% |
Trade Distributors Industry Average Movement | 5.2% |
Market Average Movement | 6.1% |
10% most volatile stocks in US Market | 16.8% |
10% least volatile stocks in US Market | 3.0% |
Stable Share Price: ALTG has not had significant price volatility in the past 3 months.
Volatility Over Time: ALTG's weekly volatility (6%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1984 | 3,000 | Ryan Greenawalt | https://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$422.86m |
Earnings (TTM) | US$5.90m |
Revenue (TTM) | US$1.88b |
72.0x
P/E Ratio0.2x
P/S RatioIs ALTG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
ALTG income statement (TTM) | |
---|---|
Revenue | US$1.88b |
Cost of Revenue | US$1.37b |
Gross Profit | US$507.20m |
Other Expenses | US$501.30m |
Earnings | US$5.90m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
Earnings per share (EPS) | 0.18 |
Gross Margin | 27.02% |
Net Profit Margin | 0.31% |
Debt/Equity Ratio | 687.2% |
How did ALTG perform over the long term?
See historical performance and comparison