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Alta Equipment Group (ALTG)
NYSE:ALTG
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ALTG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$5.40 - $13.67
Previous Close$6.56
Volume212.87K
Average Volume (3M)431.43K
Market Cap
$217.09M
Enterprise Value$1.06B
Total Cash (Recent Filing)$4.50M
Total Debt (Recent Filing)$851.90M
Price to Earnings (P/E)―
Beta1.39
Next Earnings
Nov 06, 2024EPS Estimate
-$0.19Last Dividend Ex-Date
Aug 15, 2024Dividend Yield3.41%
Share Statistics
EPS (TTM)-0.64
Shares Outstanding33,092,539
10 Day Avg. Volume291,161
30 Day Avg. Volume431,428
Standard Deviation0.16
R-Squared0.30
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)1.78
Price to Sales (P/S)0.11
Price to Cash Flow (P/CF)-6.00
P/FCF Ratio7.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.56
Enterprise Value/Gross Profit2.10
Enterprise Value/Ebitda5.70
Forecast
1Y Price Target
$16.25Price Target Upside141.46% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
Alta Equipment Group News
PremiumCompany Announcements
Alta Equipment Group Welcomes Industry Veteran to Board
Ownership Overview
37.05% Insiders
10.39% Mutual Funds
51.12% Other Institutional Investors
1.44% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ALTG FAQ
What was Alta Equipment Group’s price range in the past 12 months?
Alta Equipment Group lowest stock price was $5.40 and its highest was $13.67 in the past 12 months.
What is Alta Equipment Group’s market cap?
Currently, no data Available
When is Alta Equipment Group’s upcoming earnings report date?
Alta Equipment Group’s upcoming earnings report date is Nov 06, 2024 which is in 47 days.
How were Alta Equipment Group’s earnings last quarter?
Alta Equipment Group released its earnings results on Aug 07, 2024. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.19 by -$0.18.
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 $0.06 which represents an annual dividend yield of 3.41%. See more information on Alta Equipment Group dividends here
What is Alta Equipment Group’s EPS estimate?
Alta Equipment Group’s EPS estimate is -$0.19.
How many shares outstanding does Alta Equipment Group have?
Alta Equipment Group has 33,092,540 shares outstanding.
What happened to Alta Equipment Group’s price movement after its last earnings report?
Alta Equipment Group reported an EPS of $0.01 in its last earnings report, missing expectations of $0.19. Following the earnings report the stock price went down -21.702%.
Which hedge fund is a major shareholder of Alta Equipment Group?
Among the largest hedge funds holding Alta Equipment Group’s share is Greenhaven Road Investment Management, L.P.. It holds Alta Equipment Group’s shares valued at 13M.
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Alta Equipment Group Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$16.25 (141.46% Upside)
$16.25 (141.46% Upside)
Blogger Sentiment
Bullish
ALTG Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 1.1M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $6.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 0.7%
Last 30 Days ▼ 0.7%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-49.47%
12-Months-Change
Fundamentals
Return on Equity
-13.73%
Trailing 12-Months
Asset Growth
11.26%
Trailing 12-Months
Company Description
Alta Equipment Group
Alta Equipment Group, Inc. owns and operates integrated equipment dealership platforms. It sells, rents, and provides parts and service support for several categories of equipment, including lift trucks and aerial work platforms, cranes, earthmoving equipment and other industrial and construction equipment through its branch network. The company was founded in 1984 and is headquartered Livonia, MI.
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ALTG Company Deck
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ALTG Earnings Call
Q2 2024
0:00 / 0:00
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ALTG Stock 12 Month Forecast
Average Price Target
$16.25
▲(141.46% Upside)
Technical Analysis
Best Analysts Covering ALTG
1 Year
1 Year Success Rate
8/17 ratings generated profit
1 Year Average Return
+14.49%
reiterated a buy rating last month
Copying Alex Rygiel's trades and holding each position for 1 Year would result in 47.06% of your transactions generating a profit, with an average return of +14.49% per trade.
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