ALTG Stock Overview
Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 4/6 |
| Past Performance | 3/6 |
| Financial Health | 1/6 |
| Dividends | 1/6 |
My Notes
NewNotes are coming soon
Alta Equipment Group Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$17.17 |
| 52 Week High | US$17.30 |
| 52 Week Low | US$8.65 |
| Beta | 1.53 |
| 1 Month Change | 29.10% |
| 3 Month Change | 40.16% |
| 1 Year Change | 31.77% |
| 3 Year Change | 68.17% |
| 5 Year Change | n/a |
| Change since IPO | 77.01% |
Recent News & Updates
Recent updates
Alta 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 09
Alta 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 31Alta Equipment Group Inc. 2020 Q3 - Results - Earnings Call Presentation
Nov 13Shareholder Returns
| ALTG | US Trade Distributors | US Market | |
|---|---|---|---|
| 7D | 3.6% | 4.4% | 1.7% |
| 1Y | 31.8% | 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
| ALTG volatility | |
|---|---|
| ALTG Average Weekly Movement | 4.3% |
| Trade Distributors Industry Average Movement | 5.4% |
| Market Average Movement | 6.8% |
| 10% most volatile stocks in US Market | 17.5% |
| 10% least volatile stocks in US Market | 2.8% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1984 | 2,250 | Ryan Greenawalt | https://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
| ALTG fundamental statistics | |
|---|---|
| Market Cap | US$552.78m |
| Earnings (TTM) | US$6.50m |
| Revenue (TTM) | US$1.50b |
85.0x
P/E Ratio0.4x
P/S RatioIs ALTG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ALTG income statement (TTM) | |
|---|---|
| Revenue | US$1.50b |
| Cost of Revenue | US$1.10b |
| Gross Profit | US$397.90m |
| Other Expenses | US$391.40m |
| Earnings | US$6.50m |
Last Reported Earnings
Sep 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.20 |
| Gross Margin | 26.54% |
| Net Profit Margin | 0.43% |
| Debt/Equity Ratio | 483.9% |
How did ALTG perform over the long term?
See historical performance and comparison