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ALTG Stock Chart & Stats
$6.44
-$0.06(-0.93%)
At close: 4:00 PM EDT
$6.44
-$0.06(-0.93%)
Day’s Range― - ―
52-Week Range$4.16 - $8.88
Previous Close$6.38
Volume109.50K
Average Volume (3M)207.81K
Market Cap
$218.87M
Enterprise Value$1.37K
Total Cash (Recent Filing)$20.90M
Total Debt (Recent Filing)$691.30M
Price to Earnings (P/E)―
Beta2.28
Next Earnings
Nov 05, 2026EPS Estimate
-0.25Next Dividend Ex-DateN/A
Dividend Yield0.89%
Share Statistics
EPS (TTM)-2.57
Shares Outstanding32,666,870
10 Day Avg. Volume168,489
30 Day Avg. Volume207,812
Financial Highlights & Ratios
PEG Ratio-0.06
Price to Book (P/B)-17.10
Price to Sales (P/S)0.08
P/FCF Ratio-8.36
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$12.50Price Target Upside94.10% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-1.18
Revenue Forecast (FY)$1.87B
Bulls Say, Bears Say
Bulls Say
Margin RecoveryImproving EBITDA and gross margins indicate that pricing, product mix and operating execution are recovering. Sustained margin expansion would improve earnings quality and provide greater capacity to absorb equipment-market volatility.
Backlog VisibilityHigher bookings and a multi-year-high backlog provide a foundation for future equipment invoicing and revenue visibility. This supports a recovery in core demand, although conversion depends on OEM delivery execution.
Cash Generation And LiquidityPositive operating and free cash flow improve Alta’s ability to fund operations and manage its fleet without relying entirely on external capital. Liquidity and limited near-term maturities add resilience while the business stabilizes.
Bears Say
Revenue And Profitability PressureThe sharp revenue contraction and continuing losses show that the recovery has not yet restored prior operating scale. Thin EBITDA margins also suggest limited cost flexibility if equipment demand or pricing weakens again.
Leverage And Negative EquityHigh leverage and negative equity reduce financial flexibility and increase refinancing and covenant sensitivity. Although maturities are distant and liquidity is available, debt remains a material constraint on reinvestment and recovery.
Underutilized Rental FleetBelow-target utilization limits rental returns and leaves significant fleet capital underproductive. Improving utilization is necessary to lift recurring revenue and asset efficiency, while weak demand could prolong the earnings drag.
Alta Equipment Group News
ALTG FAQ
What was Alta Equipment Group’s price range in the past 12 months?
Alta Equipment Group lowest stock price was $4.16 and its highest was $8.88 in the past 12 months.
What is Alta Equipment Group’s market cap?
Alta Equipment Group’s market cap is $218.87M.
When is Alta Equipment Group’s upcoming earnings report date?
Alta Equipment Group’s upcoming earnings report date is Nov 05, 2026 which is in 77 days.
How were Alta Equipment Group’s earnings last quarter?
Alta Equipment Group released its earnings results on Aug 06, 2026. The company reported -$0.25 earnings per share for the quarter, missing the consensus estimate of -$0.214 by -$0.036.
Is Alta Equipment Group overvalued?
According to Wall Street analysts Alta Equipment Group’s price is currently Undervalued.
Does Alta Equipment Group pay dividends?
Alta Equipment Group pays a Quarterly dividend of $0.057 which represents an annual dividend yield of 0.89%. See more information on Alta Equipment Group dividends here
What is Alta Equipment Group’s EPS estimate?
Alta Equipment Group’s EPS estimate is -0.25.
How many shares outstanding does Alta Equipment Group have?
Alta Equipment Group has 32,666,870 shares outstanding.
What happened to Alta Equipment Group’s price movement after its last earnings report?
Alta Equipment Group reported an EPS of -$0.25 in its last earnings report, missing expectations of -$0.214. Following the earnings report the stock price went up 1.764%.
Which hedge fund is a major shareholder of Alta Equipment Group?
Currently, no hedge funds are holding shares in ALTG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Alta Equipment Group Stock Smart Score
Outperform
1
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5
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7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$12.50 (94.10% Upside)
$12.50 (94.10% Upside)
Blogger Sentiment
Bullish
ALTG Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 24.2K Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Positive
20 days / 200 days
Momentum
4.83%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-7.90%
Trailing 12-Months
Company Description
Alta Equipment Group
Alta Equipment Group Inc. (AEG) manages a comprehensive network of equipment dealerships throughout the United States. Its operations are divided into two primary divisions: Material Handling and Construction Equipment. Through its widespread branch network, the company offers sales, rentals, and comprehensive parts and service support for a diverse array of specialized machinery. This includes industrial lift trucks, elevated work platforms, earthmoving machinery, cranes, asphalt and paving equipment, and various other material handling and construction tools. Additionally, they provide ongoing repair and maintenance services for all equipment. Furthermore, AEG extends its offerings to include warehouse design and construction, as well as automated equipment installation and system integration solutions. The company caters to a broad clientele across diverse sectors, including manufacturing, food and beverage, wholesale and retail, construction, automotive, municipal and government entities, and healthcare. Established in 1984, Alta Equipment Group Inc. maintains its corporate headquarters in Livonia, Michigan.
ALTG Company Deck
ALTG Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a clear improving trajectory: sequential revenue and adjusted EBITDA growth, margin expansion, stronger bookings and backlog (particularly in Material Handling), better capital efficiency, and Ecoverse reverting to a normalized margin profile. Management acknowledged remaining execution/timing risks—chiefly potential delivery timing with OEMs (Hyster-Yale) that could push some revenue into 2027, rental fleet utilization still below target, and elevated leverage. Overall, the positives around recovery momentum, margin improvement, backlog visibility and tighter guidance outweigh the manageable risks tied to delivery timing and near-term asset optimization.View all ALTG earnings summariesALTG Stock 12 Month Forecast
Average Price Target
$12.50
▲(94.10% Upside)
Technical Analysis
Ownership Overview
33.95% Insiders
9.48% Mutual Funds
31.37% Other Institutional Investors
18.01% Public Companies and
Individual Investors