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Alta Equipment Group Inc

ALTG
View Detailed Chart
7.350USD
+0.670+10.03%
Close 02/06, 16:00ETQuotes delayed by 15 min
216.26MMarket Cap
LossP/E TTM

Alta Equipment Group Inc

7.350
+0.670+10.03%
Intraday
1m
30m
1h
D
W
M
D

Today

+10.03%

5 Days

+8.73%

1 Month

+31.25%

6 Months

+0.14%

Year to Date

+59.78%

1 Year

-1.47%

View Detailed Chart

Key Insights

Alta Equipment Group Inc's fundamentals are relatively weak, with industry-average ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 80 out of 182 in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 9.95.In the medium term, the stock price is expected to trend up.Despite strong stock market performance and technicals over the past month, the fundamentals don't support the current trend.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Alta Equipment Group Inc's Score

Industry at a Glance

Industry Ranking
80 / 182
Overall Ranking
204 / 4521
Industry
Machinery, Tools, Heavy Vehicles, Trains & Ships

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score
Previous score

Media Coverage

Last 24 hours
Coverage Level

Very Low
Very High
Positive

Alta Equipment Group Inc Highlights

StrengthsRisks
Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in North America. Through its branch network, the Company sells, rents, and provides parts and service support for several 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, other construction equipment and allied products. The Material Handling segment is engaged in operations related to the sale, service, and rental of lift trucks and other material handling equipment. The Construction Equipment segment is engaged in operations related to the sale, service and rental of construction equipment. The Master Distribution segment is engaged in large-scale equipment distribution rights with sub-dealers throughout the United States and Canada related to environmental processing equipment.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 19.39% year-on-year.
Turnaround to Loss
The company's performance has turned to a loss, with the latest annual loss of USD .
Fairly Valued
The company’s latest PE is -2.94, at a medium 3-year percentile range.
Institutional Buying
The latest institutional holdings are 20.90M shares, increasing 0.09% quarter-over-quarter.
Held by The Vanguard
Star Investor The Vanguard holds 1.33M shares of this stock.

Analyst Rating

Based on 4 analysts
Buy
Current Rating
9.950
Target Price
+48.95%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Alta Equipment Group Inc News

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Financial Indicators

EPS

Relevant data have not been disclosed by the company yet.

Total revenue

Relevant data have not been disclosed by the company yet.

Alta Equipment Group Inc Info

Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in North America. Through its branch network, the Company sells, rents, and provides parts and service support for several 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, other construction equipment and allied products. The Material Handling segment is engaged in operations related to the sale, service, and rental of lift trucks and other material handling equipment. The Construction Equipment segment is engaged in operations related to the sale, service and rental of construction equipment. The Master Distribution segment is engaged in large-scale equipment distribution rights with sub-dealers throughout the United States and Canada related to environmental processing equipment.
Ticker SymbolALTG
CompanyAlta Equipment Group Inc
CEOGreenawalt (Ryan)
Websitehttps://altg.com/
KeyAI