Alta Equipment Group Stock Analysis

ALTG Stock  USD 7.39  0.04  0.54%   
Alta Equipment Group is undervalued with Real Value of 8.08 and Target Price of 8.08. The main objective of Alta Equipment stock analysis is to determine its intrinsic value, which is an estimate of what Alta Equipment Group is worth, separate from its market price. There are two main types of Alta Equipment's stock analysis: fundamental analysis and technical analysis.
The Alta Equipment stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Alta Equipment's ongoing operational relationships across important fundamental and technical indicators.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alta Equipment Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Alta Stock Analysis Notes

About 27.0% of the company shares are held by company insiders. The book value of Alta Equipment was presently reported as 1.69. The company has Price/Earnings (P/E) ratio of 211.67. Alta Equipment Group recorded a loss per share of 2.23. The entity last dividend was issued on the 15th of May 2025. Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States. Alta Equipment Group Inc. was founded in 1984 and is headquartered in Livonia, Michigan. Alta Equipment operates under Rental Leasing Services classification in the United States and is traded on New York Stock Exchange. It employs 2250 people. For more info on Alta Equipment Group please contact Ryan Greenawalt at 248 449 6700 or go to https://www.altg.com.

Alta Equipment Quarterly Total Revenue

423 Million

Alta Equipment Group Investment Alerts

Alta Equipment Group appears to be risky and price may revert if volatility continues
The company reported the previous year's revenue of 1.88 B. Net Loss for the year was (62.1 M) with profit before overhead, payroll, taxes, and interest of 488.1 M.
About 68.0% of the company shares are held by institutions such as insurance companies
On 30th of May 2025 Alta Equipment paid $ 0.057 per share dividend to its current shareholders
Latest headline from news.google.com: Is Alta Equipment Group Inc. a good long term investment - Free High-Return Strategy Alerts - Autocar Professional

Alta Equipment Group Upcoming and Recent Events

14th of March 2024
Upcoming Quarterly Report
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8th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
14th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Alta Largest EPS Surprises

Earnings surprises can significantly impact Alta Equipment's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2022-05-10
2022-03-31-0.08-0.060.0225 
2021-03-18
2020-12-31-0.07-0.09-0.0228 
2020-11-12
2020-09-30-0.010.010.02200 
View All Earnings Estimates

Alta Equipment Environmental, Social, and Governance (ESG) Scores

Alta Equipment's ESG score is a quantitative measure that evaluates Alta Equipment's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Alta Equipment's operations that may have significant financial implications and affect Alta Equipment's stock price as well as guide investors towards more socially responsible investments.

Alta Equipment Thematic Classifications

In addition to having Alta Equipment stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Rentals Idea
Rentals
Rental and leasing services

Alta Stock Institutional Investors

Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
State Street Corp2025-03-31
501.5 K
Royce & Associates, Lp2025-03-31
393.3 K
Gsa Capital Partners Llp2025-03-31
358.3 K
American Century Companies Inc2025-03-31
278.3 K
Bank Of New York Mellon Corp2025-03-31
235.4 K
Northern Trust Corp2025-03-31
214.6 K
Register Financial Advisors Llc2025-06-30
214.3 K
Abs Direct Equity Fund Llc2025-06-30
200 K
Ubs Group Ag2025-03-31
186.7 K
Mill Road Capital Management Llc2025-03-31
4.3 M
Voss Capital Llc2025-03-31
M
Note, although Alta Equipment's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Alta Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 246.61 M.

Alta Profitablity

The company has Profit Margin (PM) of (0.04) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.05)(0.04)
Return On Capital Employed 0.02  0.02 
Return On Assets(0.04)(0.04)
Return On Equity(0.80)(0.76)

Management Efficiency

The Alta Equipment's current Return On Capital Employed is estimated to increase to 0.02, while Return On Tangible Assets are forecasted to increase to (0.04). At this time, Alta Equipment's Other Current Assets are most likely to increase significantly in the upcoming years. The Alta Equipment's current Debt To Assets is estimated to increase to 0.99, while Non Current Assets Total are projected to decrease to roughly 444.5 M. Alta Equipment's management efficiency ratios could be used to measure how well Alta Equipment manages its routine affairs as well as how well it operates its assets and liabilities.
Last ReportedProjected for Next Year
Book Value Per Share 2.34  2.22 
Tangible Book Value Per Share(1.65)(1.56)
Enterprise Value Over EBITDA 8.79  8.35 
Price Book Value Ratio 2.80  2.94 
Enterprise Value Multiple 8.79  8.35 
Price Fair Value 2.80  2.94 
Enterprise Value1.4 B985.5 M
Understanding the operational decisions made by Alta Equipment management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Dividend Yield
0.0307
Operating Margin
0.0019
Profit Margin
(0.04)
Forward Dividend Yield
0.0361
Beta
1.47

Technical Drivers

As of the 22nd of July, Alta Equipment shows the Downside Deviation of 3.01, mean deviation of 3.37, and Risk Adjusted Performance of 0.2082. Alta Equipment Group technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Alta Equipment Group variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Alta Equipment Group is priced correctly, providing market reflects its regular price of 7.39 per share. Given that Alta Equipment has jensen alpha of 0.7633, we suggest you to validate Alta Equipment Group's prevailing market performance to make sure the company can sustain itself at a future point.

Alta Equipment Group Price Movement Analysis

The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. The Simple Moving Average indicator is calculated by adding the closing price of Alta Equipment for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out Alta Equipment Group short-term fluctuations and highlight longer-term trends or cycles.

Alta Equipment Group Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Alta Equipment insiders, such as employees or executives, is commonly permitted as long as it does not rely on Alta Equipment's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Alta Equipment insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Andrew Studdert over a month ago
Acquisition by Andrew Studdert of 6743 shares of Alta Equipment at 4.7973 subject to Rule 16b-3
 
Jeff Hoover over three months ago
Acquisition by Jeff Hoover of 30912 shares of Alta Equipment subject to Rule 16b-3
 
Jeff Hoover over three months ago
Acquisition by Jeff Hoover of 30912 shares of Alta Equipment subject to Rule 16b-3
 
Daniel Shribman over three months ago
Acquisition by Daniel Shribman of 6814 shares of Alta Equipment subject to Rule 16b-3
 
Zachary Savas over three months ago
Acquisition by Zachary Savas of 5000 shares of Alta Equipment at 14.25 subject to Rule 16b-3
 
Mill Road Capital Iii, L.p. over six months ago
Disposition of 237 shares by Mill Road Capital Iii, L.p. of Alta Equipment at 10.0 subject to Rule 16b-3
 
Mill Road Capital Iii, L.p. over six months ago
Disposition of tradable shares by Mill Road Capital Iii, L.p. of Alta Equipment at 10.0 subject to Rule 16b-3
 
Mill Road Capital Iii, L.p. over six months ago
Disposition of tradable shares by Mill Road Capital Iii, L.p. of Alta Equipment at 10.0 subject to Rule 16b-3
 
Mill Road Capital Iii, L.p. over six months ago
Disposition of 350 shares by Mill Road Capital Iii, L.p. of Alta Equipment at 10.0 subject to Rule 16b-3
 
Zachary Savas over six months ago
Acquisition by Zachary Savas of 5000 shares of Alta Equipment at 14.1782 subject to Rule 16b-3
 
Mill Road Capital Iii, L.p. over six months ago
Disposition of 412 shares by Mill Road Capital Iii, L.p. of Alta Equipment at 12.5 subject to Rule 16b-3
 
Mill Road Capital Iii, L.p. over six months ago
Disposition of tradable shares by Mill Road Capital Iii, L.p. of Alta Equipment at 10.0 subject to Rule 16b-3

Alta Equipment Outstanding Bonds

Alta Equipment issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Alta Equipment Group uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Alta bonds can be classified according to their maturity, which is the date when Alta Equipment Group has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Alta Equipment Predictive Daily Indicators

Alta Equipment intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Alta Equipment stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Alta Equipment Corporate Filings

F4
16th of July 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
2nd of July 2025
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
17th of June 2025
Other Reports
ViewVerify
8K
3rd of June 2025
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
2nd of June 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
7th of May 2025
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
2nd of May 2025
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
15th of April 2025
Other Reports
ViewVerify

Alta Equipment Forecast Models

Alta Equipment's time-series forecasting models are one of many Alta Equipment's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Alta Equipment's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Alta Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Alta Equipment prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Alta shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Alta Equipment. By using and applying Alta Stock analysis, traders can create a robust methodology for identifying Alta entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(0.04)(0.03)
Operating Profit Margin 0.01  0.01 
Net Loss(0.03)(0.03)
Gross Profit Margin 0.26  0.39 

Current Alta Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Alta analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Alta analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
8.08Buy4Odds
Alta Equipment Group current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Alta analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Alta stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Alta Equipment Group, talking to its executives and customers, or listening to Alta conference calls.
Alta Analyst Advice Details

Alta Stock Analysis Indicators

Alta Equipment Group stock analysis indicators help investors evaluate how Alta Equipment stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Alta Equipment shares will generate the highest return on investment. By understating and applying Alta Equipment stock analysis, traders can identify Alta Equipment position entry and exit signals to maximize returns.
Begin Period Cash Flow31 M
Long Term Debt659.8 M
Common Stock Shares Outstanding33.2 M
Total Stockholder Equity77.6 M
Total Cashflows From Investing Activities-56.2 M
Tax Provision-4.2 M
Quarterly Earnings Growth Y O Y0.454
Property Plant And Equipment Net553.4 M
Cash And Short Term Investments13.4 M
Cash13.4 M
Accounts Payable91.5 M
Net Debt1.2 B
50 Day M A6.1074
Total Current Liabilities577.2 M
Other Operating Expenses1.9 B
Non Current Assets Total705.9 M
Forward Price Earnings222.2222
Non Currrent Assets Other20.3 M
Stock Based Compensation4.8 M

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When running Alta Equipment's price analysis, check to measure Alta Equipment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alta Equipment is operating at the current time. Most of Alta Equipment's value examination focuses on studying past and present price action to predict the probability of Alta Equipment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alta Equipment's price. Additionally, you may evaluate how the addition of Alta Equipment to your portfolios can decrease your overall portfolio volatility.
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