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Alta Equipment Group Inc. ALTG

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Price alert · ALTG

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7.38 USD -0.22 -2.89%

At close · Oct 30

7.38 0.00 0.00%

After hours · Oct 30, 4:00 PM ET

Bid
7.31 × 400
Ask
7.41 × 300
7.17 Day range 7.49
4.19 52-week range 8.30
YTD
+60.43%
1 year
+24.24%
Open
7.43
Prev close
7.60
Mkt cap
241.08M
Vol
149.79K
Avg vol
198.04K
EPS
-2.57
P/E
0.00
Div yield
3.43%
More statistics
Low
7.17
High
7.49
Forward P/E
-9.57
Beta
1.67
Short ratio
6.40
Inst. own
69.85%
Dividend
0.23
Ex-div date
Nov 14, 2024
Earnings
Aug 7, 2024
50-d avg
7.14
200-d avg
8.55
1y target
12.66

2Y chart

Chart tools
Interval

Events in this range
  • Nov 12, 2024Earnings: -0.86; estimate -0.22; surprise -290.91%
  • Nov 13, 2024Downgrade: Northland Capital Markets · Outperform → Market Perform
  • Nov 14, 2024Rating: Raymond James · Market Perform → Market Perform
  • Nov 15, 2024Dividend: 0.057
  • Feb 14, 2025Dividend: 0.057
  • May 15, 2025Dividend: 0.057
Signals (122)
NameDateAgo
RSI: OverboughtOct 29, 20262 days ago
SMA: BullishOct 27, 20264 days ago
MACD: Buy SignalOct 22, 20261 week ago
SMA: BullishOct 21, 20261 week ago
MACD: Sell SignalOct 15, 20262 weeks ago
SMA: BearishOct 14, 20262 weeks ago
SMA: BearishOct 14, 20262 weeks ago
SMA: BullishOct 13, 20262 weeks ago
SMA: BullishOct 13, 20262 weeks ago
SMA: BearishOct 8, 20263 weeks ago
SMA: BearishOct 8, 20263 weeks ago
SMA: BullishOct 2, 20264 weeks ago
SMA: BullishOct 2, 20264 weeks ago
MACD: Buy SignalSep 17, 20261 month ago
SMA: BearishAug 25, 20262 months ago
SMA: BearishAug 18, 20262 months ago
MACD: Sell SignalAug 18, 20262 months ago
SMA: BullishJul 31, 20263 months ago
SMA: BullishJul 31, 20263 months ago
MACD: Buy SignalJul 31, 20263 months ago
SMA: BearishJul 29, 20263 months ago
SMA: BearishJul 14, 20263 months ago
SMA: BullishJul 13, 20263 months ago
SMA: BullishJul 8, 20263 months ago
SMA: BearishJul 7, 20263 months ago
SMA: BullishJul 6, 20263 months ago
SMA: BearishJul 1, 20264 months ago
MACD: Sell SignalJun 30, 20264 months ago
SMA: BearishJun 29, 20264 months ago
SMA: BullishJun 11, 20264 months ago
SMA: BearishJun 5, 20264 months ago
SMA: BullishJun 4, 20264 months ago
SMA: BearishJun 3, 20265 months ago
MACD: Buy SignalJun 2, 20265 months ago
SMA: BullishJun 1, 20265 months ago
SMA: BullishJun 1, 20265 months ago
SMA: BearishMay 28, 20265 months ago
SMA: BearishMay 28, 20265 months ago
SMA: BullishMay 27, 20265 months ago
SMA: BullishMay 27, 20265 months ago
RSI: OversoldMay 21, 20265 months ago
SMA: BearishMay 19, 20265 months ago
SMA: BearishMay 19, 20265 months ago
SMA: BullishMay 18, 20265 months ago
SMA: BullishMay 18, 20265 months ago
SMA: BearishMay 15, 20265 months ago
SMA: BearishMay 15, 20265 months ago
SMA: BullishMay 13, 20265 months ago
SMA: BullishMay 13, 20265 months ago
SMA: BearishMay 11, 20265 months ago
SMA: BearishMay 11, 20265 months ago
MACD: Sell SignalMay 11, 20265 months ago
RSI: OverboughtApr 24, 20266 months ago
SMA: BullishApr 17, 20266 months ago
SMA: BearishApr 15, 20266 months ago
SMA: BullishApr 14, 20266 months ago
SMA: BullishApr 14, 20266 months ago
MACD: Buy SignalApr 8, 20266 months ago
SMA: BearishMar 11, 20267 months ago
SMA: BearishMar 11, 20267 months ago
MACD: Sell SignalMar 4, 20268 months ago
MACD: Buy SignalMar 3, 20268 months ago
MACD: Sell SignalFeb 11, 20268 months ago
MACD: Buy SignalFeb 6, 20268 months ago
RSI: OverboughtFeb 6, 20268 months ago
MACD: Sell SignalFeb 5, 20268 months ago
RSI: OverboughtJan 29, 20269 months ago
SMA: BullishJan 21, 20269 months ago
SMA: BearishJan 20, 20269 months ago
RSI: OverboughtJan 15, 20269 months ago
SMA: BullishJan 13, 20269 months ago
RSI: OverboughtJan 12, 20269 months ago
SMA: BullishJan 5, 20269 months ago
MACD: Buy SignalJan 2, 202610 months ago
MACD: Sell SignalDec 23, 202510 months ago
MACD: Buy SignalNov 25, 202511 months ago
RSI: OversoldNov 13, 202511 months ago
MACD: Sell SignalNov 7, 202511 months ago
RSI: OversoldNov 7, 202511 months ago
MACD: Buy SignalNov 5, 202512 months ago
MACD: Sell SignalOct 29, 20251 year ago
SMA: BearishOct 27, 20251 year ago
SMA: BullishOct 20, 20251 year ago
MACD: Buy SignalOct 20, 20251 year ago
SMA: BearishOct 17, 20251 year ago
SMA: BullishOct 14, 20251 year ago
SMA: BearishOct 9, 20251 year ago
SMA: BearishSep 9, 20251 year ago
MACD: Sell SignalSep 9, 20251 year ago
MACD: Buy SignalAug 25, 20251 year ago
SMA: BullishAug 22, 20251 year ago
SMA: BearishAug 21, 20251 year ago
MACD: Sell SignalAug 18, 20251 year ago
MACD: Buy SignalAug 14, 20251 year ago
MACD: Sell SignalJul 29, 20251 year ago
MACD: Buy SignalJul 28, 20251 year ago
RSI: OverboughtJul 28, 20251 year ago
MACD: Sell SignalJul 16, 20251 year ago
RSI: OverboughtJul 2, 20251 year ago
MACD: Buy SignalJul 1, 20251 year ago
MACD: Sell SignalJun 20, 20251 year ago
RSI: OverboughtJun 10, 20251 year ago
MACD: Buy SignalJun 4, 20251 year ago
MACD: Sell SignalMay 23, 20251 year ago
SMA: BullishMay 12, 20251 year ago
SMA: BearishMay 7, 20251 year ago
SMA: BullishMay 5, 20251 year ago
MACD: Buy SignalApr 10, 20251 year ago
MACD: Sell SignalApr 3, 20251 year ago
MACD: Buy SignalMar 14, 20251 year ago
RSI: OversoldMar 7, 20251 year ago
RSI: OversoldFeb 27, 20251 year ago
RSI: OversoldFeb 24, 20251 year ago
SMA: BearishFeb 20, 20251 year ago
MACD: Sell SignalFeb 19, 20251 year ago
SMA: BullishFeb 4, 20251 year ago
SMA: BearishFeb 3, 20251 year ago
SMA: BullishJan 30, 20251 year ago
SMA: BearishJan 24, 20251 year ago
SMA: BullishJan 23, 20251 year ago
SMA: BearishJan 22, 20251 year ago
MACD: Buy SignalJan 14, 20251 year ago

Key statistics

Market cap
222.82M
Enterprise value
1.45B
Trailing P/E
0.00
Forward P/E
-9.57
PEG ratio
0.00
Price / sales
0.12
Price / book
2.32
EPS (TTM)
-1.71
Beta
1.67
Dividend yield
3.43%
Payout ratio
126.67%
Profit margin
-2.81%
Revenue (TTM)
1.90B
Revenue growth
-3.70%
Free cash flow
34.30M
Total cash
14.60M
Total debt
1.24B
Return on equity
-43.91%
Shares outstanding
33.26M
Short % of float
10.80%
50-day average
7.14
200-day average
8.55

Analyst view

Consensus: none

Price target (mean) 12.66 +71.5% upside
Target (low)
9.00
Target (mean)
12.66
Target (high)
20.00
Ratings (0m) 4 2 buy · 2 hold · 0 sell
  • Strong buy0
  • Buy2
  • Hold2
  • Sell0
  • Strong sell0

Next earnings

Aug 7, 2024

Expected Aug 7, 2024. Consensus EPS estimate -0.25.

Earnings history

Financials — quick view

All financials
ALTG Revenue — quarterly 504.10M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
ALTG Net income — quarterly -7.50M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
ALTG EPS — quarterly -0.25
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026

Earnings

ALTG recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Nov 12, 2024Sep 1, 2024-0.22-0.86-0.64-290.91%
Aug 7, 2024Jun 1, 2024-0.04-0.38-0.34-850.00%
Aug 7, 2024Jun 1, 2024-0.04———
May 8, 2024Mar 1, 2024-0.21———
May 8, 2024Mar 1, 2024-0.21-0.38-0.17-80.95%
Mar 14, 2024Dec 1, 2023-0.05———

Upgrades / downgrades

ALTG analyst upgrades and downgrades
DateFirmActionFromTo
Nov 14, 2024Raymond JamesmainMarket PerformMarket Perform
Nov 13, 2024Northland Capital MarketsdownOutperformMarket Perform
Aug 13, 2024DA DavidsonmainBuyBuy
Aug 9, 2024Raymond JamesdownOutperformMarket Perform
May 21, 2024DA DavidsonmainBuyBuy
Mar 15, 2024B. Riley SecuritiesreitBuyBuy

About Alta Equipment Group Inc.

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. It also offers repair and maintenance services for its equipment. In addition, the company designs and builds warehouses; provides automated equipment installation and system integration solutions; and distributes environmental processing equipment. It serves various manufacturing, food and beverage, automotive, municipal/government, education, pharmaceutical and medical, wholesale and retail distribution, construction, agriculture, road building, mining, recycling, and waste management sectors. Alta Equipment Group Inc. was founded in 1984 and is headquartered in Livonia, Michigan.

Sector
Industrials
Industry
Rental & Leasing Services
Country
United States
Website
altg.com

News

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Insider holders

ALTG insider holders
InsiderRelationLatest transactionDateShares held
B. RILEY FINANCIAL, INCBeneficial Owner of more than 10% of a Class of SecuritySaleFeb 7, 20240
COLUCCI ANTHONY JOSEPHChief Financial OfficerStock Award(Grant)Mar 18, 2024200,573
GREENAWALT RYANChief Executive OfficerStock GiftMay 23, 20245,591,750
HOOVER JEFFREY ALANGeneral CounselPurchaseJun 6, 202411,601
MILL ROAD CAPITAL III, L.P.Beneficial Owner of more than 10% of a Class of SecurityConversion of Exercise of derivative securityDec 18, 20240
NAIR SIDHARTHADirectorStock Award(Grant)Jun 6, 202413,584

Institution ownership

ALTG institution ownership
Holder% heldSharesValueReported
Mill Road Capital Management Llc12.67%4,213,20828.23MSep 29, 2024
Voss Capital, LLC9.01%2,995,00020.07MSep 29, 2024
Blackrock Inc.6.04%2,009,33813.46MSep 29, 2024
Greenhaven Road Investment Management, L.p.5.39%1,794,06612.02MSep 29, 2024
Vanguard Group Inc4.35%1,447,1229.70MSep 29, 2024
Nantahala Capital Management, LLC2.54%845,1155.66MSep 29, 2024

Fund ownership

ALTG fund ownership
Holder% heldSharesValueReported
Vanguard Total Stock Market Index Fund2.45%816,0105.47MSep 29, 2024
iShares Russell 2000 ETF2.04%679,5804.55MOct 30, 2024
Vanguard Extended Market Index Fund1.12%371,2622.49MSep 29, 2024
Fidelity Small Cap Index Fund0.83%275,2011.84MAug 30, 2024
iShares Russell 2000 Growth ETF0.76%251,6831.69MOct 30, 2024
Fidelity Strategic Advisors Small-Mid Cap Fund0.69%230,4511.54MJul 30, 2024
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