Alta Equipment Group (ALTG) AI Stock Analysis

• Market Cap: $217.91M
• Dividend Yield: 4.88%
• Average Volume (3M): 207.81K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.03
• Revenue Growth: -3.95%
• EPS Growth: -47.70%
• Country: US
• Employees: 2,900
• Sector: Industrials
• Sector Strength: 72
• Industry: Rental & Leasing Services
• EPS (TTM): -1.31
• Shares Outstanding: 32,235,283
• 10 Day Avg. Volume: 168,489
• 30 Day Avg. Volume: 207,812
• PEG Ratio: <0.01
• Price to Book (P/B): 2.80
• Price to Sales (P/S): 0.12
• P/FCF Ratio: -16.07
• Enterprise Value/Market Cap: 6.54
• Enterprise Value/Revenue: 0.78
• Enterprise Value/Gross Profit: 3.02
• Enterprise Value/Ebitda: 12.15
• 1Y Price Target: $10.44
• Price Target Upside: 54.44% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 48 Neutral
• Price Target: $6.50 ▼(-3.85% Downside)

The score is driven primarily by weak financial performance (declining revenue, losses, and high leverage), which outweighs a moderately supportive earnings-call outlook. Technicals remain soft versus longer-term averages, while valuation is mixed—helped by a solid dividend yield but constrained by losses reflected in a negative P/E.

Positive Factors

Stable Product Support Revenue

Consistent product support and parts revenue provides a recurring, higher-margin cash stream that cushions equipment sales cyclicality. Over 2-6 months this durability supports working capital, funds maintenance of fleet and service networks, and stabilizes cash generation as equipment demand fluctuates.

Material Handling Backlog

A >$100M backlog creates multi-quarter revenue visibility and reduces short-term top-line volatility. It helps smooth dealer inventory turns, underpins future service and parts sales, and supports predictable utilization and cash conversion as orders fulfill over coming quarters.

Structural SG&A Reductions

Sustained SG&A cuts of ~$25M suggest management is improving operating leverage via structural efficiency rather than one-offs. Persisting cost discipline should raise margin-floor and accelerate recovery when equipment volumes normalize, enhancing long-term profitability resilience.

Negative Factors

Very High Leverage

An extremely high debt-to-equity ratio materially constrains financial flexibility, raises interest burden, and increases refinancing risk. Over the medium term this limits capital allocation to growth, heightens vulnerability to cyclical downturns, and stresses liquidity under adverse conditions.

Sharp Revenue Decline and Net Losses

A steep multi-quarter revenue drop and persistent net losses erode scale economics and weaken the company's ability to cover fixed costs. This undermines reinvestment capacity, dealer network strength, and competitive positioning, making recovery dependent on sustained demand improvement.

Volatile and Negative Free Cash Flow

Ongoing volatile, negative free cash flow impairs the firm's ability to service debt, invest in fleet or parts infrastructure, and return capital. Reliance on external financing raises execution and refinancing risk, constraining strategic moves and capital allocation over the next several quarters.

Alta Equipment Group Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

Alta Equipment Group generates revenue through multiple key streams. The primary source comes from the sale and rental of heavy equipment and machinery, where the company offers both new and used equipment to meet customer needs. Additionally, Alta earns significant income from providing parts and maintenance services for the equipment it sells and rents. The company has established partnerships with major manufacturers, which not only enhances its product offerings but also strengthens its market position. Furthermore, Alta benefits from long-term rental agreements and service contracts, providing a steady cash flow. Overall, the combination of equipment sales, rentals, parts sales, and service contracts forms the backbone of Alta's revenue model.

Alta Equipment Group Financial Statement Overview

Summary

Financials reflect meaningful pressure: revenue has declined sharply and profitability is negative, while leverage is high (debt-to-equity 8.05) and ROE is negative. Operating cash flow shows some improvement, but free cash flow has been volatile and weak.

Income Statement

Alta Equipment Group's income statement shows a challenging financial position with declining revenue and negative net profit margins. The TTM (Trailing-Twelve-Months) data indicates a significant revenue decline of 37.1% and a net loss, reflecting operational difficulties. Despite a reasonable gross profit margin, the negative net profit margin and declining EBIT and EBITDA margins highlight profitability challenges.

Balance Sheet

The balance sheet reveals high leverage with a debt-to-equity ratio of 8.05 in the TTM period, indicating significant financial risk. The negative return on equity further underscores the company's struggles to generate returns for shareholders. The equity ratio is low, reflecting limited equity buffer against liabilities.

Cash Flow

Cash flow analysis shows some improvement in operating cash flow, but free cash flow remains volatile and negative in prior periods. The operating cash flow to net income ratio is positive, suggesting some ability to generate cash from operations, but the free cash flow to net income ratio indicates challenges in converting profits into cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.82B	1.88B	1.88B	1.57B	1.21B	873.60M
Gross Profit	471.60M	493.70M	507.20M	419.60M	314.40M	214.50M
EBITDA	117.30M	159.50M	192.10M	154.40M	102.60M	68.20M
Net Income	-79.20M	-62.10M	8.90M	9.30M	-20.80M	-24.00M
Balance Sheet
Total Assets	1.43B	1.48B	1.57B	1.29B	982.60M	746.20M
Cash, Cash Equivalents and Short-Term Investments	14.10M	13.40M	31.00M	2.70M	2.30M	1.20M
Total Debt	1.22B	1.20B	1.18B	921.80M	679.40M	459.40M
Total Liabilities	1.43B	1.40B	1.42B	1.15B	847.90M	589.30M
Stockholders Equity	2.90M	77.60M	149.70M	139.80M	134.70M	156.90M
Cash Flow
Free Cash Flow	-9.60M	-13.50M	-16.20M	-58.20M	-19.70M	-80.90M
Operating Cash Flow	31.50M	57.00M	58.40M	18.50M	30.70M	-35.00M
Investing Cash Flow	-16.60M	-56.20M	-117.40M	-155.10M	-113.40M	-227.90M
Financing Cash Flow	-16.20M	-17.90M	87.30M	136.90M	83.80M	264.10M

Alta Equipment Group Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 6.76
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ALTG, the sentiment is Positive. The current price of 6.76 is above the 20-day moving average (MA) of 6.15, above the 50-day MA of 5.37, and above the 200-day MA of 6.21, indicating a bullish trend. The MACD of 0.40 indicates Negative momentum. The RSI at 69.15 is Neutral, neither overbought nor oversold. The STOCH value of 85.42 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ALTG.

Alta Equipment Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AL	73 Outperform	$7.22B	7.50	12.74%	1.37%	9.67%	96.43%
R	73 Outperform	$7.72B	16.22	16.26%	1.75%	1.68%	9.91%
HRI	67 Neutral	$4.77B	-56.95	-4.05%	1.79%	19.40%	-120.47%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
MGRC	58 Neutral	$2.75B	18.91	12.70%	1.79%	4.77%	-35.44%
CTOS	50 Neutral	$1.43B	-57.09	-3.00%	―	7.39%	34.57%
ALTG	48 Neutral	$217.91M	-2.69	-160.65%	4.88%	-3.95%	-47.70%

Alta Equipment Group Corporate Events

Alta Equipment Group Reassigns Brubaker to COO Role

On December 31, 2025, Alta Equipment Group Inc. appointed Craig Brubaker as Chief Operating Officer of its Material Handling segment, with the change effective immediately and ending his status as an executive officer and Section 16 officer of the company. Under the new agreement, Brubaker will receive a base salary, eligibility for a bonus, and certain severance benefits contingent on his compliance with the terms, signaling a shift in his role toward segment-level operational leadership rather than corporate executive governance, with implications for the company’s management structure and reporting obligations.

The most recent analyst rating on (ALTG) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on Alta Equipment Group stock, see the ALTG Stock Forecast page.

Alta Equipment Group Declares Quarterly Preferred Stock Dividend

On January 5, 2026, Alta Equipment Group Inc. announced that its board of directors approved a quarterly dividend of $625 per share on its 10% Series A Cumulative Perpetual Preferred Stock, equivalent to $0.625 per outstanding depositary share representing a 1/1000th interest in a preferred share. The dividend will be paid on January 30, 2026, to shareholders of record as of January 15, 2026, underscoring the company’s ongoing commitment to returning capital to holders of its preferred securities and potentially reinforcing investor confidence in the stability of its cash flows from its extensive equipment dealership operations.

The most recent analyst rating on (ALTG) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on Alta Equipment Group stock, see the ALTG Stock Forecast page.