Want to see ALTG full AI Analyst Report?
ALTG Stock Chart & Stats
$5.72
-$0.06(-0.93%)
At close: 4:00 PM EDT
$5.72
-$0.06(-0.93%)
Day’s Range― - ―
52-Week Range$4.16 - $8.69
Previous Close$6.38
Volume109.50K
Average Volume (3M)207.35K
Market Cap
$211.68M
Enterprise Value$1.37B
Total Cash (Recent Filing)$20.90M
Total Debt (Recent Filing)$691.30M
Price to Earnings (P/E)―
Beta2.31
Next Earnings
Nov 05, 2026EPS Estimate
-0.26Next Dividend Ex-DateN/A
Dividend Yield4.21%
Share Statistics
EPS (TTM)-2.57
Shares Outstanding32,666,870
10 Day Avg. Volume268,928
30 Day Avg. Volume207,347
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 Cap6.47
Enterprise Value/Revenue0.75
Enterprise Value/Gross Profit2.91
Enterprise Value/Ebitda25.56
Forecast
1Y Price Target
$12.00Price Target Upside109.79% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-1.3
Revenue Forecast (FY)$1.87B
Bulls Say, Bears Say
Bulls Say
Recurring Revenue MixThe combination of rentals and aftermarket maintenance, repairs, inspections, parts, and service labor gives Alta revenue streams that extend beyond one-time equipment sales. This installed-base model can support customer retention, repeat activity, and more durable revenue through changing equipment demand.
Improving Margins And BacklogSequential EBITDA growth, margin expansion, and a multi-year-high Material Handling backlog indicate improving operating execution and better demand visibility. If backlog converts as planned, these trends can support revenue recovery, operating leverage, and stronger earnings quality over the next several quarters.
Positive Cash Flow And LiquidityPositive operating and free cash flow provide an internal funding source despite current earnings pressure, while liquidity and a favorable maturity schedule reduce immediate refinancing pressure. This financial capacity can help Alta maintain operations, optimize assets, and execute its recovery plan.
Bears Say
Revenue Decline And Continuing LossesThe sharp revenue contraction and continuing net losses show that Alta has not yet restored sustainable profitability after weaker equipment demand. With operating income and EBITDA margins still thin, a prolonged recovery or renewed demand softness could keep the cost structure under pressure.
High Leverage And Negative EquityHigh debt combined with negative shareholders’ equity weakens financial flexibility and increases the consequences of execution or demand setbacks. Although maturities are not immediate, leverage can constrain investment, amplify interest burden, and make balance-sheet repair dependent on sustained cash generation.
Rental Utilization Below TargetRental assets are producing utilization below management’s targeted range, limiting the returns generated by a substantial fleet investment. Until utilization improves, Alta may face weaker rental economics and less efficient capital deployment, reducing the recurring-revenue model’s contribution.
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 $8.69 in the past 12 months.
What is Alta Equipment Group’s market cap?
Alta Equipment Group’s market cap is $211.68M.
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 31 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 4.21%. See more information on Alta Equipment Group dividends here
What is Alta Equipment Group’s EPS estimate?
Alta Equipment Group’s EPS estimate is -0.26.
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
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$12.00 (109.79% Upside)
$12.00 (109.79% Upside)
Blogger Sentiment
Bullish
ALTG Sentiment 100%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Increased
By 345.7K Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-3.42%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-7.90%
Trailing 12-Months
Learn more about TipRanks Smart Score
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
$12.00
▲(109.79% Upside)
Technical Analysis
Ownership Overview
33.95% Insiders
9.48% Mutual Funds
31.37% Other Institutional Investors
18.05% Public Companies and
Individual Investors