Alta Equipment Group (ALTG)
NYSE:ALTG
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ALTG Stock Chart & Stats
$7.00
-$0.05(-0.76%)
At close: 4:00 PM EST
$7.00
-$0.05(-0.76%)
Day’s Range― - ―
52-Week Range$4.16 - $8.99
Previous CloseN/A
Volume51.77K
Average Volume (3M)207.81K
Market Cap
$259.61M
Enterprise Value$1.39B
Total Cash (Recent Filing)$18.60M
Total Debt (Recent Filing)$1.17B
Price to Earnings (P/E)―
Beta2.20
Next Earnings
May 13, 2026EPS Estimate
-0.57Next Dividend Ex-DateN/A
Dividend Yield4.88%
Share Statistics
EPS (TTM)-0.39
Shares Outstanding32,532,170
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 Ratio4.02
Enterprise Value/Market Cap5.36
Enterprise Value/Revenue0.76
Enterprise Value/Gross Profit2.93
Enterprise Value/Ebitda11.30
Forecast
1Y Price Target
$11.17Price Target Upside59.52% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)-1.23
Revenue Forecast (FY)$1.88B
Bulls Say, Bears Say
Bulls Say
High Product-support Margins And Recurring Aftermarket RevenueElevated product-support margins and sizable parts & service revenue create a recurring, less cyclical cash flow stream. Strong technician productivity and pricing power in aftermarket services support gross margins and stabilize EBITDA contribution across cycles, aiding durable cash generation.
Improving Free Cash Flow And Liquidity PositionMaterial free cash flow generation and a meaningful liquidity buffer reduce near-term refinancing stress and fund deleveraging. While cash flow has been volatile historically, the recent positive inflection provides a durable runway to execute strategic priorities and lower leverage over the medium term.
Clear Deleveraging Targets And Operational DisciplineManagement has articulated explicit EBITDA and leverage targets plus operational actions (fleet rationalization, inventory normalization, product-support growth). This disciplined plan aligns incentives and creates a credible multi-quarter path to improved credit metrics and higher-quality earnings if execution holds.
Bears Say
Very High Leverage And Negative EquityNegative equity and substantial debt materially reduce financial flexibility and increase refinancing and covenant risk. Even with improving cash flow, the capital structure leaves the company sensitive to interest-rate moves or weaker cash generation, constraining investment capacity and strategic optionality.
Weak, Volatile Profitability And Negative EBITDAMulti-year swings into negative EBITDA and persistently negative net margins signal operating leverage problems and cost pressure. Until gross margin improvement and operating expense control are sustained, earnings volatility will limit the company's ability to consistently convert revenue growth into durable profits and free cash flow.
Equipment Margin Compression & Material Handling WeaknessCompression in equipment margins driven by tariffs, competitive discounting, and oversupply directly pressures the core sales business, which is a large revenue driver. Persistent weakness in Material Handling reduces earnings resilience and slows margin recovery, hindering deleveraging and cash generation efforts.
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 $4.16 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 $259.61M.
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 10 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 -0.57.
How many shares outstanding does Alta Equipment Group have?
Alta Equipment Group has 32,532,170 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
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Analyst Consensus
Moderate Buy
Average Price Target:
$11.17 (59.52% Upside)
$11.17 (59.52% Upside)
Hedge Fund Trend
Decreased
By 43.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $518.8K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
4.83%
12-Months-Change
Fundamentals
Return on Equity
-341.70%
Trailing 12-Months
Asset Growth
-5.53%
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|Positive
The call portrays cautious optimism. Management reported a record quarter for equipment sales, improved product support margins, meaningful free cash flow generation, inventory normalization, and a concrete plan to delever and re-focus the business. Several multi-quarter challenges remain — notably softer Material Handling markets, equipment margin compression (down ~100 bps), ongoing rental revenue declines (~10% YoY in Q4), and elevated net leverage (4.9x) — but the balance of commentary emphasized improving market indicators, strategic discipline, and a clear path to modest EBITDA improvement in 2026 (midpoint guidance of $180M) and longer-term targets for 2028. On balance, the positive operational and financial developments and an actionable plan to address the key weaknesses lead to a positive overall tone.View all ALTG earnings summariesALTG Stock 12 Month Forecast
Average Price Target
$11.17
▲(59.52% Upside)
Technical Analysis
Ownership Overview
33.20% Insiders
10.01% Mutual Funds
0.62% Other Institutional Investors
49.34% Public Companies and
Individual Investors