ALTG Stock Overview
Owns and operates integrated equipment dealership platforms in the United States.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 1/6 |
Rewards
Risk Analysis
Alta Equipment Group Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$6.72 |
| 52 Week High | US$14.67 |
| 52 Week Low | US$5.40 |
| Beta | 1.69 |
| 11 Month Change | -38.06% |
| 3 Month Change | -25.66% |
| 1 Year Change | -53.04% |
| 33 Year Change | -49.44% |
| 5 Year Change | -31.64% |
| Change since IPO | -30.72% |
Recent News & Updates
Alta Equipment Group (NYSE:ALTG) Has No Shortage Of Debt
Aug 26
Alta Equipment Group (NYSE:ALTG) Will Pay A Dividend Of $0.057
Aug 05Recent updates
Alta 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 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 06Shareholder Returns
| ALTG | US Trade Distributors | US Market | |
|---|---|---|---|
| 7D | 12.2% | 3.4% | 1.2% |
| 1Y | -53.0% | 30.9% | 25.9% |
Return vs Industry: ALTG underperformed the US Trade Distributors industry which returned 30.9% over the past year.
Return vs Market: ALTG underperformed the US Market which returned 25.9% over the past year.
Price Volatility
| ALTG volatility | |
|---|---|
| ALTG Average Weekly Movement | 10.9% |
| Trade Distributors Industry Average Movement | 6.1% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in US Market | 15.2% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: ALTG's share price has been volatile over the past 3 months.
Volatility Over Time: ALTG's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of US stocks.
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$222.38m |
| Earnings (TTM) | -US$21.30m |
| Revenue (TTM) | US$1.92b |
0.1x
P/S Ratio-10.4x
P/E RatioIs ALTG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ALTG income statement (TTM) | |
|---|---|
| Revenue | US$1.92b |
| Cost of Revenue | US$1.41b |
| Gross Profit | US$511.70m |
| Other Expenses | US$533.00m |
| Earnings | -US$21.30m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.64 |
| Gross Margin | 26.69% |
| Net Profit Margin | -1.11% |
| Debt/Equity Ratio | 879.6% |
How did ALTG perform over the long term?
See historical performance and comparison