Alta Equipment Group Inc. (ALTG): Price and Financial Metrics
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ALTG POWR Grades
- ALTG scores best on the Growth dimension, with a Growth rank ahead of 92.83% of US stocks.
- ALTG's strongest trending metric is Growth; it's been moving up over the last 179 days.
- ALTG ranks lowest in Quality; there it ranks in the 6th percentile.
ALTG Stock Summary
- Alta Equipment Group Inc's capital turnover -- a measure of revenue relative to shareholder's equity -- is better than 96.67% of US listed stocks.
- ALTG's went public 2.98 years ago, making it older than merely 9.36% of listed US stocks we're tracking.
- With a price/sales ratio of 0.33, Alta Equipment Group Inc has a higher such ratio than merely 6.23% of stocks in our set.
- Stocks with similar financial metrics, market capitalization, and price volatility to Alta Equipment Group Inc are DXYN, NTZ, UTME, NGVC, and BVH.
- ALTG's SEC filings can be seen here. And to visit Alta Equipment Group Inc's official web site, go to www.altaequipment.com.
ALTG Valuation Summary
- In comparison to the median Industrials stock, ALTG's price/sales ratio is 76.47% lower, now standing at 0.4.
- Over the past 29 months, ALTG's price/sales ratio has gone NA NA.
- Over the past 29 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 | 2021-08-26 | 0.4 | 3.2 | -18.0 | -233.8 |
| ALTG | 2021-08-25 | 0.4 | 3.3 | -18.5 | -236.9 |
| ALTG | 2021-08-24 | 0.4 | 3.3 | -18.6 | -237.3 |
| ALTG | 2021-08-23 | 0.4 | 3.2 | -17.8 | -233.1 |
| ALTG | 2021-08-20 | 0.4 | 3.1 | -17.1 | -228.6 |
| ALTG | 2021-08-19 | 0.4 | 3.0 | -16.7 | -226.1 |
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 |
ALTG Stock Price Chart Interactive Chart >
ALTG Price/Volume Stats
| Current price | $9.50 | 52-week high | $17.38 |
| Prev. close | $9.29 | 52-week low | $9.14 |
| Day low | $9.19 | Volume | 327,900 |
| Day high | $9.68 | Avg. volume | 81,373 |
| 50-day MA | $10.80 | Dividend yield | N/A |
| 200-day MA | $13.09 | Market Cap | 308.31M |
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.
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.
Zacks Industry Outlook Highlights: Ferguson plc, Graco Inc., Xometry, Inc. and Alta Equipment Group IncFerguson plc, Graco Inc., Xometry, Inc. and Alta Equipment Group Inc are included in this Industry Outlook blog. |
4 Industrial Manufacturing Stocks to Buy Amid Industry ChallengesThe Zacks Manufacturing - General Industrial industry witnesses pandemic-led supply-side challenges, inflationary pressures and shortage of skilled workers. Healthy product orders are a boon. FERG, GGG, XMTR and ALTG are some promising stocks in the industry. |
Enerpac Tool (EPAC) Gains From Product Demand Amid Cost WoesEnerpac Tool (EPAC) gains from healthy demand and a focus on product innovations. Supply-chain restrictions, logistics issues, and cost inflation are concerning. |
Alta Equipment Group (NYSE:ALTG) May Have Issues Allocating Its CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common... |
Raymond James Reaffirms Outperform Rating for Alta Equipment Group (NYSE:ALTG)Raymond James reaffirmed their outperform rating on shares of Alta Equipment Group (NYSE:ALTG) in a report published on Thursday, Analyst Ratings Network reports. Raymond James currently has a $24.00 price target on the stock. Several other analysts also recently weighed in on ALTG. B. Riley lifted their target price on Alta Equipment Group from $19.00 [] The post Raymond James Reaffirms Outperform Rating for Alta Equipment Group (NYSE:ALTG) appeared first on ETF Daily News . |
ALTG Price Returns
| 1-mo | -8.57% |
| 3-mo | -22.13% |
| 6-mo | -35.51% |
| 1-year | -30.30% |
| 3-year | -2.56% |
| 5-year | N/A |
| YTD | -35.11% |
| 2021 | 48.18% |
| 2020 | -1.30% |
| 2019 | N/A |
| 2018 | N/A |
| 2017 | N/A |
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