Alta Equipment Group Future Growth
Future criteria checks 3/6
Alta Equipment Group is forecast to grow earnings and revenue by 34.7% and 4.2% per annum respectively while EPS is expected to grow by 34% per annum.
Key information
34.7%
Earnings growth rate
34.0%
EPS growth rate
| Trade Distributors earnings growth | 8.1% |
| Revenue growth rate | 4.2% |
| Future return on equity | n/a |
| Analyst coverage | Low |
| Last updated | 20 Mar 2024 |
Recent future growth updates
Recent updates
Is Now The Time To Look At Buying Alta Equipment Group Inc. (NYSE:ALTG)?
Apr 17
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 26Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 2,151 | 14 | N/A | 246 | 1 |
| 12/31/2025 | 2,083 | 17 | 102 | 173 | 4 |
| 12/31/2024 | 1,968 | 2 | 46 | 114 | 4 |
| 12/31/2023 | 1,877 | 6 | -11 | 64 | N/A |
| 9/30/2023 | 1,784 | 7 | -99 | -12 | N/A |
| 6/30/2023 | 1,723 | 5 | -92 | -11 | N/A |
| 3/31/2023 | 1,661 | 9 | -65 | 13 | N/A |
| 12/31/2022 | 1,572 | 6 | -51 | 26 | N/A |
| 9/30/2022 | 1,500 | 7 | -16 | 43 | N/A |
| 6/30/2022 | 1,390 | 2 | -35 | 24 | N/A |
| 3/31/2022 | 1,276 | -20 | -36 | 23 | N/A |
| 12/31/2021 | 1,213 | -23 | -20 | 31 | N/A |
| 9/30/2021 | 1,137 | -25 | -29 | 16 | N/A |
| 6/30/2021 | 1,063 | -24 | -17 | 29 | N/A |
| 3/31/2021 | 962 | -13 | -4 | 23 | N/A |
| 12/31/2020 | 874 | -24 | -81 | -35 | N/A |
| 9/30/2020 | 763 | -27 | -87 | -46 | N/A |
| 6/30/2020 | 692 | -54 | -84 | -52 | N/A |
| 3/31/2020 | 636 | -50 | -108 | -66 | N/A |
| 12/31/2019 | 557 | -35 | -28 | -5 | N/A |
| 9/30/2019 | 504 | -28 | -23 | 4 | N/A |
| 12/31/2018 | 413 | 2 | -38 | -4 | N/A |
| 12/31/2017 | 345 | 6 | 30 | 53 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ALTG's forecast earnings growth (34.7% per year) is above the savings rate (2.3%).
Earnings vs Market: ALTG's earnings (34.7% per year) are forecast to grow faster than the US market (14.3% per year).
High Growth Earnings: ALTG's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ALTG's revenue (4.2% per year) is forecast to grow slower than the US market (8% per year).
High Growth Revenue: ALTG's revenue (4.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ALTG's Return on Equity is forecast to be high in 3 years time