(ALTG) Alta Equipment - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US02128L1061

ALTG: Lift Trucks, Earthmoving Equipment, Cranes, Aerial Platforms, Paving Equipment

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. Web URL: https://www.altg.com

Additional Sources for ALTG Stock

ALTG Stock Overview

Market Cap in USD 210m
Sector Industrials
Industry Rental & Leasing Services
GiC Sub-Industry Trading Companies & Distributors
IPO / Inception 2019-04-25

ALTG Stock Ratings

Growth 5y -21.9%
Fundamental 9.44%
Dividend 55.1%
Rel. Strength Industry -237
Analysts 4/5
Fair Price Momentum 6.32 USD
Fair Price DCF 3.77 USD

ALTG Dividends

Dividend Yield 12m 3.13%
Yield on Cost 5y 2.48%
Annual Growth 5y 95.59%
Payout Consistency 100.0%

ALTG Growth Ratios

Growth Correlation 3m 14.9%
Growth Correlation 12m -77.4%
Growth Correlation 5y 14.4%
CAGR 5y -4.51%
CAGR/Mean DD 5y -0.16
Sharpe Ratio 12m -0.32
Alpha -63.97
Beta 1.38
Volatility 58.23%
Current Volume 153k
Average Volume 20d 186.1k
What is the price of ALTG stocks?
As of January 22, 2025, the stock is trading at USD 7.29 with a total of 153,002 shares traded.
Over the past week, the price has changed by +13.55%, over one month by +9.62%, over three months by +24.33% and over the past year by -32.09%.
Is Alta Equipment a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, Alta Equipment is currently (January 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 9.44 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of ALTG as of January 2025 is 6.32. This means that ALTG is currently overvalued and has a potential downside of -13.31%.
Is ALTG a buy, sell or hold?
Alta Equipment has received a consensus analysts rating of 4.00. Therefor, it is recommend to buy ALTG.
  • Strong Buy: 2
  • Buy: 0
  • Hold: 2
  • Sell: 0
  • Strong Sell: 0
What are the forecast for ALTG stock price target?
According to ValueRays Forecast Model, ALTG Alta Equipment will be worth about 7.1 in January 2026. The stock is currently trading at 7.29. This means that the stock has a potential downside of -2.33%.
Issuer Forecast Upside
Wallstreet Target Price 12.7 73.7%
Analysts Target Price 12.7 73.7%
ValueRay Target Price 7.1 -2.3%