Education
About Us
Working with TipRanks
Follow Us
Alta Equipment Group (ALTG)
NYSE:ALTG
ALTG Stock Chart & Stats
$6.90
-$0.05(-0.76%)
At close: 4:00 PM EST
$6.90
-$0.05(-0.76%)
Day’s Range― - ―
52-Week Range$3.54 - $8.99
Previous CloseN/A
Volume51.77K
Average Volume (3M)207.81K
Market Cap
$222.64M
Enterprise Value$543.42M
Total Cash (Recent Filing)$18.60M
Total Debt (Recent Filing)$339.60M
Price to Earnings (P/E)―
Beta2.07
Next Earnings
May 13, 2026EPS Estimate
-0.42Next Dividend Ex-DateN/A
Dividend Yield4.88%
Share Statistics
EPS (TTM)-0.39
Shares Outstanding32,266,582
10 Day Avg. Volume168,489
30 Day Avg. Volume207,812
Financial Highlights & Ratios
PEG Ratio-0.06
Price to Book (P/B)-17.10
Price to Sales (P/S)0.08
P/FCF Ratio4.56
Enterprise Value/Market Cap2.44
Enterprise Value/Revenue0.30
Enterprise Value/Gross Profit1.15
Enterprise Value/Ebitda6.22
Forecast
1Y Price Target
$20.00Price Target Upside189.86% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-1.11
Revenue Forecast (FY)$1.88B
Bulls Say, Bears Say
Bulls Say
Backlog And Revenue VisibilityA >$100M material-handling backlog provides multi-quarter revenue visibility and predictable load for service and parts. Converting backlog into deliveries supports steadier top-line flow and future installed-base growth, underpinning recurring aftermarket revenue and planning reliability.
Aftermarket Product Support StabilityStable, growing product-support sales create recurring, higher-margin cash flow tied to the installed base. This reduces revenue cyclicality from equipment sales, supports technician utilization and parts margins, and strengthens long-term cash conversion as fleet population grows from recent record equipment sales.
Structural Cost Cuts And Portfolio FocusSustained SG&A savings and the Dock & Door divestiture lower the fixed-cost base and refocus management on core, higher-return dealerships. These actions enhance operating leverage as revenue normalizes, improving the odds that incremental sales flow to EBITDA and free cash flow over the medium term.
Bears Say
Highly Leveraged Balance Sheet / Negative EquityNegative equity and elevated leverage materially reduce financial flexibility, increasing refinancing and covenant risk. Heavy debt loads constrain capital allocation, limit ability to invest in growth or buffer cyclical downturns, and make the firm sensitive to interest-rate and liquidity shocks over the medium term.
Weak, Volatile Profitability And Negative EBITDASwings into sizable losses and negative EBITDA signal structural stress in converting gross profit to operating earnings. Volatile operating profitability undermines sustainable free cash generation and makes it harder to deleverage the balance sheet or support dividends without continued structural cost improvements or stronger, durable revenue mix.
Compressed Equipment MarginsPersistently compressed equipment margins reflect oversupplied markets and cost pressures (including tariffs). Lower equipment margins reduce the economics of sales-led growth, limit reinvestment capacity, and increase reliance on lower-volatility aftermarket revenues to sustain overall profitability over coming quarters.
Alta Equipment Group News
ALTG FAQ
What was Alta Equipment Group’s price range in the past 12 months?
Alta Equipment Group lowest stock price was $3.54 and its highest was $8.99 in the past 12 months.
What is Alta Equipment Group’s market cap?
Alta Equipment Group’s market cap is $222.64M.
When is Alta Equipment Group’s upcoming earnings report date?
Alta Equipment Group’s upcoming earnings report date is May 13, 2026 which is in 72 days.
How were Alta Equipment Group’s earnings last quarter?
Alta Equipment Group released its earnings results on Feb 26, 2026. The company reported -$0.39 earnings per share for the quarter, missing the consensus estimate of -$0.305 by -$0.085.
Is Alta Equipment Group overvalued?
According to Wall Street analysts Alta Equipment Group’s price is currently Undervalued.
Does Alta Equipment Group pay dividends?
Alta Equipment Group pays a Quarterly dividend of $0.057 which represents an annual dividend yield of 4.88%. See more information on Alta Equipment Group dividends here
What is Alta Equipment Group’s EPS estimate?
Alta Equipment Group’s EPS estimate is -0.42.
How many shares outstanding does Alta Equipment Group have?
Alta Equipment Group has 32,266,582 shares outstanding.
What happened to Alta Equipment Group’s price movement after its last earnings report?
Alta Equipment Group reported an EPS of -$0.39 in its last earnings report, missing expectations of -$0.305. Following the earnings report the stock price went up 6.154%.
Which hedge fund is a major shareholder of Alta Equipment Group?
Currently, no hedge funds are holding shares in ALTG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Alta Equipment Group Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$20.00 (189.86% Upside)
$20.00 (189.86% Upside)
Hedge Fund Trend
Decreased
By 43.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $202.8K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
4.83%
12-Months-Change
Fundamentals
Return on Equity
-160.65%
Trailing 12-Months
Asset Growth
-9.76%
Trailing 12-Months
Company Description
Alta Equipment Group
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. It also offers repair and maintenance services for its equipment. In addition, the company designs and builds warehouses; and provides automated equipment installation and system integration solutions. It serves diversified manufacturing, food and beverage, wholesale/retail, construction, automotive, municipal/government, and medical sectors. Alta Equipment Group Inc. was founded in 1984 and is headquartered in Livonia, Michigan.
ALTG Company Deck
ALTG Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted several strong performance areas such as robust October sales in the Construction segment and stable Product Support revenues. However, these were balanced by challenges like reduced equipment sales, tariff impacts, and flat gross margins. The company's strategic cost reductions and positive outlook for Q4 and beyond provide optimism, but current challenges remain significant.View all ALTG earnings summariesALTG Stock 12 Month Forecast
Average Price Target
$20.00
▲(189.86% Upside)
Technical Analysis
Ownership Overview
19.59% Insiders
10.43% Mutual Funds
18.59% Other Institutional Investors
44.30% Public Companies and
Individual Investors