Want to see ALTG full AI Analyst Report?
ALTG Stock Chart & Stats
$7.00
-$0.05(-0.76%)
At close: 4:00 PM EST
$7.00
-$0.05(-0.76%)
Day’s Range― - ―
52-Week Range$4.16 - $8.99
Previous CloseN/A
Volume51.77K
Average Volume (3M)207.81K
Market Cap
$201.39M
Enterprise Value$1.38B
Total Cash (Recent Filing)$23.90M
Total Debt (Recent Filing)$1.17B
Price to Earnings (P/E)―
Beta2.14
Next Earnings
Aug 06, 2026EPS Estimate
-0.21Next Dividend Ex-DateN/A
Dividend Yield4.88%
Share Statistics
EPS (TTM)-2.53
Shares Outstanding32,535,540
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 Cap6.88
Enterprise Value/Revenue0.76
Enterprise Value/Gross Profit2.95
Enterprise Value/Ebitda14.71
Forecast
1Y Price Target
$12.50Price Target Upside78.57% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-1.12
Revenue Forecast (FY)$1.89B
Bulls Say, Bears Say
Bulls Say
Improved Cash GenerationAlta’s recent shift to positive TTM operating and free cash flow represents a durable improvement in core cash generation versus prior years. Stronger cash conversion supports ongoing operations, funds targeted rental disposals and debt paydown, and provides a steadier base for capital allocation and preferred dividends over the medium term.
Material Handling Bookings & Margin ImprovementSustained booking momentum in Material Handling and a 240bp gross margin expansion are structural positives: higher bookings signal demand recovery and improving supply/pricing dynamics, while firmer equipment gross margins support long-term profitability resilience across sales and aftermarket channels as volumes normalize.
Deleveraging Plan And Capital DisciplineManagement’s explicit deleveraging target (<4.5x net leverage) combined with targeted rental fleet disposals and reduced interest expense reflects disciplined capital allocation. If executed, this materially improves balance-sheet flexibility, lowers interest sensitivity and enhances the company’s capacity to invest in higher-return operations.
Bears Say
Weakened Balance Sheet / Negative EquityNegative trailing equity and elevated absolute debt levels materially weaken Alta’s capitalization and reduce financial buffers. This structural impairment constrains strategic flexibility, increases refinancing and covenant risk, and amplifies earnings volatility from shocks, making sustained recovery hinged on credible deleveraging execution.
Revenue Decline And Negative ProfitabilityA steep TTM revenue decline and persistently negative net margins point to structural demand and earnings challenges. Lower scale and weak net profitability reduce cash flow cushion, limit reinvestment capacity, and slow deleveraging — making multi-quarter recovery dependent on sustained top-line normalization and margin capture.
Rental Transition Drives Earnings VariabilityThe strategic shift to shrink and optimize the rental fleet introduces multi-quarter earnings variability: planned disposals and sub-target utilization reduce near-term revenue and create timing risk for cash conversion. Prolonged suboptimal rental returns would delay leverage improvement and pressure operating stability.
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 $8.99 in the past 12 months.
What is Alta Equipment Group’s market cap?
Alta Equipment Group’s market cap is $201.39M.
When is Alta Equipment Group’s upcoming earnings report date?
Alta Equipment Group’s upcoming earnings report date is Aug 06, 2026 which is in 31 days.
How were Alta Equipment Group’s earnings last quarter?
Alta Equipment Group released its earnings results on May 07, 2026. The company reported -$0.62 earnings per share for the quarter, missing the consensus estimate of -$0.574 by -$0.046.
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 4.88%. See more information on Alta Equipment Group dividends here
What is Alta Equipment Group’s EPS estimate?
Alta Equipment Group’s EPS estimate is -0.21.
How many shares outstanding does Alta Equipment Group have?
Alta Equipment Group has 32,535,540 shares outstanding.
What happened to Alta Equipment Group’s price movement after its last earnings report?
Alta Equipment Group reported an EPS of -$0.62 in its last earnings report, missing expectations of -$0.574. Following the earnings report the stock price went down -11.6%.
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:
$12.50 (78.57% Upside)
$12.50 (78.57% Upside)
Hedge Fund Trend
Decreased
By 24.2K Shares
Last Quarter.
Last Quarter.
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
4.83%
12-Months-Change
Fundamentals
Return on Equity
-3253.61%
Trailing 12-Months
Asset Growth
-11.29%
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
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call balanced short-term headwinds (Q1 revenue decline, weather disruption, a below-expectations EBITDA print, rental transition and one-time healthcare cost pressure) against several constructive developments (strong bookings momentum in Material Handling, 240 bps gross margin improvement, positive cash flow generation, reduced interest expense, rental fleet deleveraging progress, Ecoverse tariff relief and an updated but achievable FY guidance range). Management emphasized disciplined capital allocation, improving forward indicators and operational actions that support recovery through the year.View all ALTG earnings summariesALTG Stock 12 Month Forecast
Average Price Target
$12.50
▲(78.57% Upside)
Technical Analysis
Ownership Overview
34.09% Insiders
9.52% Mutual Funds
33.60% Other Institutional Investors
15.74% Public Companies and
Individual Investors