Alta Equipment Group Inc. (ALTG): Price and Financial Metrics

Alta Equipment Group Inc. (ALTG): $14.22

-0.20 (-1.39%)

POWR Rating

Component Grades

Momentum

A

Stability

C

Sentiment

Quality

D

Add ALTG to Watchlist
Sign Up

Industry: Industrial - Equipment

Industry

B

Ranked

#67 of 91

in industry

ALTG Price/Volume Stats

Current price $14.22 52-week high $20.60
Prev. close $14.42 52-week low $8.65
Day low $14.07 Volume 167,600
Day high $14.59 Avg. volume 232,552
50-day MA $14.44 Dividend yield 1.58%
200-day MA $13.97 Market Cap 457.80M

ALTG Stock Price Chart Interactive Chart >

ALTG POWR Grades

  • ALTG scores best on the Momentum dimension, with a Momentum rank ahead of 96.86% of US stocks.
  • The strongest trend for ALTG is in Growth, which has been heading down over the past 179 days.
  • ALTG ranks lowest in Quality; there it ranks in the 14th percentile.

ALTG Stock Summary

  • The capital turnover (annual revenue relative to shareholder's equity) for ALTG is 12.89 -- better than 97.21% of US stocks.
  • ALTG's price/sales ratio is 0.26; that's higher than the P/S ratio of just 8.87% of US stocks.
  • Over the past twelve months, ALTG has reported earnings growth of 351.79%, putting it ahead of 95.8% of US stocks in our set.
  • If you're looking for stocks that are quantitatively similar to ALTA EQUIPMENT GROUP INC, a group of peers worth examining would be SBH, ARHS, LAZ, SURG, and BJ.
  • Visit ALTG's SEC page to see the company's official filings. To visit the company's web site, go to www.altaequipment.com.

ALTG Valuation Summary

  • In comparison to the median Industrials stock, ALTG's price/earnings ratio is 214.75% higher, now standing at 57.6.
  • Over the past 50 months, ALTG's price/sales ratio has gone NA NA.

Below are key valuation metrics over time for ALTG.

Stock Date P/S P/B P/E EV/EBIT
ALTG 2023-05-19 0.3 3.5 57.6 29.8
ALTG 2023-05-18 0.3 3.6 57.9 29.8
ALTG 2023-05-17 0.3 3.5 57.5 29.8
ALTG 2023-05-16 0.3 3.5 56.4 29.6
ALTG 2023-05-15 0.3 3.6 58.2 29.9
ALTG 2023-05-12 0.3 3.4 55.6 29.5

ALTG's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • ALTG has a Quality Grade of D, ranking ahead of 13.73% of graded US stocks.
  • ALTG's asset turnover comes in at 1.536 -- ranking 48th of 105 Wholesale stocks.
  • 500 - Internal server error

The table below shows ALTG's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-06-30 1.536 0.302 -0.005
2021-03-31 1.450 0.298 0.008
2020-12-31 1.355 0.301 -0.010
2020-09-30 2.011 0.323 -0.036
2020-09-30 2.011 0.323 -0.036
2020-06-30 2.091 0.325 -0.054

Alta Equipment Group Inc. (ALTG) Company Bio


Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States. The company operates through two segments, Industrial Equipment and Construction Equipment. It 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, cranes, earthmoving equipment, and other industrial and construction equipment. Alta Equipment Group Inc. also offers repair and maintenance services for its equipment. The company was formerly known as B. Riley Principal Merger Corp. and changed its name to Alta Equipment Group Inc. in February 2020. Alta Equipment Group Inc. was founded in 1984 and is based in Livonia, Michigan.


ALTG Latest News Stream


Event/Time News Detail
Loading, please wait...

ALTG Latest Social Stream


Loading social stream, please wait...

View Full ALTG Social Stream

Latest ALTG News From Around the Web

Below are the latest news stories about ALTA EQUIPMENT GROUP INC that investors may wish to consider to help them evaluate ALTG as an investment opportunity.

Alta Equipment Group Announces strong First Quarter 2023 Financial Results and Increases Adjusted EBITDA Guidance for 2023

First Quarter Financial Highlights: (comparisons are year over year) Total revenues increased 26.8% year over year to $420.7 millionConstruction and Material Handling revenue of $233.1 million and $164.8 million, respectivelyIntroduced separate reporting segment, Master Distribution, with revenue of $26.7 millionNew and Used Equipment sales grew 44.9% to $219.6 millionProduct Support revenue increased 26.6% year over year with Parts Sales increasing to $68.4 million and Service Revenue increasin

Yahoo | May 10, 2023

Alta Equipment Group Announces Common Stock Dividend

LIVONIA, Mich., May 02, 2023 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta”), a leading provider of premium material handling, construction and environmental processing equipment and related services, today announced that its Board of Directors approved the quarterly dividend on its common stock in the amount of $0.057 per share. The dividend payment date is May 31, 2023, to shareholders of record at the close of business on May 15, 2023. About Alta Equipment Group Inc.Alta o

Yahoo | May 2, 2023

Alta Equipment Group Announces Date of First Quarter 2023 Financial Results Release, Conference Call and Webcast

LIVONIA, Mich., April 26, 2023 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta”), a leading provider of premium material handling, construction and environmental processing equipment and related services, today announced that it will report its financial results for the first quarter ended March 31, 2023, after the U.S. markets close on Wednesday, May 10, 2023. In conjunction with this announcement, Alta management will host a conference call and webcast that afternoon at 5:00

Yahoo | April 26, 2023

Is It Time To Consider Buying Alta Equipment Group Inc. (NYSE:ALTG)?

While Alta Equipment Group Inc. ( NYSE:ALTG ) might not be the most widely known stock at the moment, it saw...

Yahoo | April 11, 2023

Alta Equipment Group Announces Preferred Stock Dividend

LIVONIA, Mich., April 04, 2023 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta”), a leading provider of premium material handling, construction and environmental processing equipment and related services, today announced that its Board of Directors approved the quarterly dividend on its Series A Cumulative Perpetual Preferred Stock in the amount of $625 per preferred share. This will equate to a dividend of $0.625 for each of the outstanding Depositary Shares representing a 1/1

Yahoo | April 4, 2023

Read More 'ALTG' Stories Here

ALTG Price Returns

1-mo 2.93%
3-mo -24.78%
6-mo 17.21%
1-year 34.15%
3-year 115.65%
5-year N/A
YTD 8.59%
2022 -9.12%
2021 48.18%
2020 -1.30%
2019 N/A
2018 N/A

ALTG Dividends

Ex-Dividend Date Type Payout Amount Change
Loading, please wait...
View Full ALTG Dividend History

Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!