Alta Equipment Group Inc. (ALTG): Price and Financial Metrics
GET POWR RATINGS... FREE!
ALTG POWR Grades
- ALTG scores best on the Growth dimension, with a Growth rank ahead of 88.91% of US stocks.
- The strongest trend for ALTG is in Growth, which has been heading up over the past 163 days.
- ALTG's current lowest rank is in the Quality metric (where it is better than 19.59% of US stocks).
ALTG Stock Summary
- Alta Equipment Group Inc's capital turnover -- a measure of revenue relative to shareholder's equity -- is better than 96.76% of US listed stocks.
- Alta Equipment Group Inc's stock had its IPO on April 9, 2019, making it an older stock than just 7.5% of US equities in our set.
- ALTG's price/sales ratio is 0.37; that's higher than the P/S ratio of only 7.56% of US stocks.
- If you're looking for stocks that are quantitatively similar to Alta Equipment Group Inc, a group of peers worth examining would be CAL, HBI, NGVC, HY, and IDT.
- 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/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 | $14.04 | 52-week high | $17.38 |
| Prev. close | $13.63 | 52-week low | $9.40 |
| Day low | $13.42 | Volume | 45,275 |
| Day high | $14.22 | Avg. volume | 72,070 |
| 50-day MA | $14.75 | Dividend yield | N/A |
| 200-day MA | $13.88 | Market Cap | 454.38M |
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.
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... |
Huttig Building Products: An Attractive Risk To Reward ProspectWood is a vital material in our everyday lives. In particular, it is used heavily in the construction space. This is because it is generally cheaper than alternatives, it is renewable, and its natural development makes it plentiful. It stands to reason, then, that because of this, there would be... |
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 . |
Alta Equipment Group (NYSE:ALTG) Given a $19.00 Price Target at Raymond JamesRaymond James set a $19.00 price target on Alta Equipment Group (NYSE:ALTG) in a research report report published on Thursday, BayStreet.CA reports. The firm currently has an outperform rating on the stock. A number of other brokerages also recently issued reports on ALTG. Zacks Investment Research upgraded shares of Alta Equipment Group from a strong […] |
ALTG Price Returns
| 1-mo | N/A |
| 3-mo | -0.35% |
| 6-mo | 13.41% |
| 1-year | 36.71% |
| 3-year | N/A |
| 5-year | N/A |
| YTD | -4.10% |
| 2021 | 48.18% |
| 2020 | -1.30% |
| 2019 | N/A |
| 2018 | N/A |
| 2017 | N/A |
Loading social stream, please wait...