ALTG:NYE-Alta Equipment Group Inc (USD)

COMMON STOCK | Rental & Leasing Services |

Last Closing

USD 5.33

Change

-0.10 (-1.84)%

Market Cap

USD 0.15B

Volume

0.12M

Analyst Target

USD 12.50
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States and Canada. It operates through three segments: Material Handling, Construction Equipment, and Master Distribution. The company sells, rents, and provides parts and service support for various categories of specialized equipment, including lift trucks and other material handling equipment, heavy and compact earthmoving equipment, crushing and screening equipment, environmental processing equipment, cranes and aerial work platforms, paving and asphalt equipment, and other construction equipment and related products. It also sells used equipment and replacement parts. In addition, the company offers repair and maintenance services for its equipment. In addition, the company designs and builds warehouses; provides automated equipment installation and system integration solutions; and distributes heavy construction and environmental processing equipment. It serves various manufacturing, food and beverage, automotive, municipal/government, education, pharmaceutical and medical, wholesale and retail distribution, construction, agriculture, road building, mining, recycling, and waste management sectors. Alta Equipment Group Inc. was founded in 1984 and is headquartered in Livonia, Michigan.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2025-05-19 )

Largest Industry Peers for Rental & Leasing Services

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AL Air Lease Corporation

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TRTN-PA Triton International Limited

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PRG PROG Holdings Inc

+0.13 (+0.43%)

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CTOS Custom Truck One Source Inc

-0.06 (-1.27%)

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VSTS Vestis Corporation

-0.16 (-2.59%)

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MWG Multi Ways Holdings Ltd

+0.01 (+3.07%)

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ALTG-PA Alta Equipment Group Inc.

+0.12 (+0.49%)

N/A

ETFs Containing ALTG

ATEC:AU BetaShares S&P/ASX Austra.. 9.91 % 0.00 %

-0.10 (-0.33%)

USD 0.23B
DDOC:F Global X Telemedicine & D.. 5.04 % 0.00 %

-0.10 (-0.33%)

N/A
EDOC:LSE Global X Telemedicine & D.. 4.87 % 0.00 %

+0.03 (+-0.33%)

USD 4.27M
EDOG:LSE Global X Telemedicine & D.. 4.87 % 0.00 %

-0.03 (-0.33%)

USD 0.30M
AQLT:AU BetaShares Australian Qua.. 4.82 % 0.00 %

-0.18 (-0.33%)

N/A
CURG:LSE VanEck Genomics and Healt.. 4.18 % 0.00 %

+1.40 (+-0.33%)

USD 4.76M
FDOC:LSE 3.24 % 0.00 %

N/A

N/A
FDHT:XETRA 3.04 % 0.00 %

N/A

N/A
EAFG Pacer Funds Trust 2.79 % 0.00 %

+0.10 (+-0.33%)

USD 1.02M
MTUM:AU Betashares Australian Mom.. 2.60 % 0.00 %

-0.09 (-0.33%)

N/A
FPA First Trust Asia Pacific .. 0.00 % 0.80 %

+0.10 (+-0.33%)

USD 0.01B
IS3T:F iShares IV Public Limited.. 0.00 % 0.00 %

-0.05 (-0.33%)

N/A
EDOC Global X Telemedicine & D.. 0.00 % 0.00 %

N/A

USD 0.03B
DDOC:XETRA Global X Telemedicine & D.. 0.00 % 0.00 %

-0.05 (-0.33%)

N/A

Market Performance

  Market Performance vs. Industry/Classification (Rental & Leasing Services) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -18.50% 21% F 10% F
Dividend Return 0.87% 60% D- 37% F
Total Return -17.63% 20% F 11% F
Trailing 12 Months  
Capital Gain -42.38% 10% F 6% D-
Dividend Return 1.85% 50% F 37% F
Total Return -40.53% 10% F 6% D-
Trailing 5 Years  
Capital Gain -18.63% 17% F 18% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -18.63% 17% F 12% F
Average Annual (5 Year Horizon)  
Capital Gain 1.05% 48% F 41% F
Dividend Return 2.69% 19% F 38% F
Total Return 1.63% 39% F 39% F
Risk Return Profile  
Volatility (Standard Deviation) 42.19% 33% F 19% F
Risk Adjusted Return 6.37% 19% F 27% F
Market Capitalization 0.15B 20% F 32% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector