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ALTG - Alta Equipment Group Inc.
Market Cap 550.91M P/E 63.04 EPS this Y -66.70% Ern Qtrly Grth -
Income 5.9M Forward P/E 28.37 EPS next Y 916.70% 50D Avg Chg 6.00%
Sales 1.88B PEG - EPS past 5Y - 200D Avg Chg 14.00%
Dividend 1.00% Price/Book 3.99 EPS next 5Y - 52W High Chg -17.00%
Recommedations 2.00 Quick Ratio 0.44 Shares Outstanding 33.15M 52W Low Chg 60.00%
Insider Own 21.59% ROA 2.38% Shares Float 19.69M Beta 1.65
Inst Own 66.72% ROE 6.15% Shares Shorted/Prior 1.67M/1.84M Price 17.02
Gross Margin 27.03% Profit Margin 0.47% Avg. Volume 230,809 Target Price 22.19
Oper. Margin 2.34% Earnings Date May 8 Volume 499,691 Change 4.42%
Industrials | Rental & Leasing Services | United States
About Alta Equipment Group Inc.

Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States. It operates through three segments: Material Handling, Construction Equipment, and Master Distribution. The company operates a branch network that 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 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 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.

Alta Equipment Group Inc. News
05/02/24 Is It Too Late To Consider Buying Alta Equipment Group Inc. (NYSE:ALTG)?
05/02/24 Alta Equipment Group Announces Common Stock Dividend
04/24/24 Alta Equipment Group Announces Date of First Quarter 2024 Financial Results Release, Conference Call and Webcast
04/18/24 Alta Equipment Group Inc. (NYSE:ALTG) Delivered A Weaker ROE Than Its Industry
04/12/24 Alta Equipment Group Announces Board Refreshment
04/12/24 5 Broker-Favored Stocks to Watch as Inflation Woes Resurface
06:00 AM Alta Equipment Group Announces Preferred Stock Dividend
04/01/24 Owning 48% shares,institutional owners seem interested in Alta Equipment Group Inc. (NYSE:ALTG),
04/01/24 How Alta Equipment (ALTG) Stock Stands Out in a Strong Industry
03/28/24 Zacks.com featured highlights include General Motors, Cardinal Health, Cencora, Alta Equipment Group and Asbury Automotive
03/27/24 5 Broker-Loved Stocks That Hold Promise Despite Volatility
03/21/24 Alta Equipment (ALTG) Moves 5.4% Higher: Will This Strength Last?
03/17/24 Alta Equipment Group Inc. (NYSE:ALTG) Q4 2023 Earnings Call Transcript
03/16/24 Alta Equipment Group Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags
03/15/24 Q4 2023 Alta Equipment Group Inc Earnings Call
03/14/24 Alta Equipment Group Inc (ALTG) Reports Revenue Surge Amidst Net Loss in Q4
03/14/24 Alta Equipment Group Announces Fourth Quarter and Full Year 2023 Financial Results and Provides Adjusted EBITDA Guidance for 2024
03/04/24 Bullish Alta Equipment Group Insiders Loaded Up On US$949.2k Of Stock
02/29/24 Alta Equipment Group Announces Date of Fourth Quarter and Full Year 2023 Financial Results Release, Conference Call and Webcast
02/26/24 Alta Equipment Group Appoints Sidhartha Nair as Director
ALTG Chatroom

User Image pgyletsgo Posted - 04/28/24

$ALTG this was a new addition to greenhavens capitals quarterly report. I never heard of greenhaven until today it was on seeking alpha. Their #1 pick kkr, # 2 par and #3 cellebrite which I knew of.

User Image Stock_Titan Posted - 04/24/24

$ALTG Alta Equipment Group Announces Date of First Quarter 2024 Financial Results Release, Conference Call and Webcast https://www.stocktitan.net/news/ALTG/alta-equipment-group-announces-date-of-first-quarter-2024-financial-ncv0wgmikbze.html

User Image Stock_Titan Posted - 04/12/24

$ALTG Alta Equipment Group Announces Board Refreshment https://www.stocktitan.net/news/ALTG/alta-equipment-group-announces-board-8sib69hwtzy3.html

User Image StockInvest_us Posted - 04/09/24

Signal alert: $ALTG - Overbought Trend Short (Overvalued) https://stockinvest.us/l/WNY8nDCeyG

User Image TickerDD_com Posted - 03/21/24

From 3/15/2024, looking back across 22 Month-Ends for ALTG, Percentage Change of Average Monthly Price had More Negatives (55%) while Percentage Change of Average Monthly Volume had All Positives (100%) $ALTG #ALTG #ALTGStock #TickerDD https://www.youtube.com/watch?v=vBjWOsy66B8

User Image StockInvest_us Posted - 03/20/24

Signal alert: $ALTG - PivotPoint bottom https://stockinvest.us/l/dHpC1ySpsr

User Image Wigglyick Posted - 03/20/24

$ALTG “ looks to bee goin’ up the apples and pears for the bread and honey”

User Image GuerillaStockTrading Posted - 03/18/24

Alta Equipment Group $ALTG smashed 2023. Stellar revenue, strategic wins. Despite challenges, they soared. https://www.guerillastocktrading.com/alta-equipment-group-driving-success-through-strategic-growth/

User Image tradingtwenty Posted - 03/15/24

Top 5 after-hours stocks that have trended in the past 24 hours: $FSRN 42.74% 🔥 $CDLX 37.57% $MDGL 23.78% $DESP 9.71% $ALTG 7.71% Link: https://tradingtwenty.com/dashboard/trending/past

User Image Thestocktraderhubzee Posted - 03/15/24

$ALTG B. Riley Securities Reiterates Buy on Alta Equipment Group, Lowers Price Target to $22

User Image tradingtwenty Posted - 03/14/24

$ALTG has trended 13 times in the past 24 hours (based on 5 minute intervals). Latest article on Mar 14, 2024 04:15 PM: Alta Equipment Group Announces Fourth Quarter and Full Year 2023 Financial Results and Provides Adjusted EBITDA Guidance... Link: https://tradingtwenty.com/news/393822/alta-equipment-group-announces-fourth-quarter-and-full-year-2023-financial-results-and-provides-adjusted-ebitda-guidance-for-2024

User Image tradingtwenty Posted - 03/14/24

Top 5 after-hours stocks that have trended in the past 24 hours: $FSRN 42.74% 🔥 $CDLX 37.57% $MDGL 23.78% $DESP 9.71% $ALTG 7.71% Link: https://tradingtwenty.com/dashboard/trending/past

User Image DonCorleone77 Posted - 03/14/24

$ALTG Alta Equipment Group sees FY24 adjusted EBITDA $207.5M-$217.5M The Company released its 2024 guidance range and expects to report Adjusted EBITDA between $207.5Mand $217.5M for the 2024 fiscal year..."Our diversified growth strategy continues to prove very successful. During the year, we achieved organic revenues growth of 12.3% by increasing our market share, expanding our product portfolio, investing in rental fleet and entering new territories. The 16 acquisitions we have completed since going public in 2020 are also major contributors to our success, providing $537 million in revenues and $65 million in Adjusted EBITDA. We are continuing to pursue accretive acquisitions opportunities which would further expand the scale and scope of product offerings for our customers. Of course, our success would not be possible without the solid execution by our dedicated team at Alta...."

User Image DonCorleone77 Posted - 03/14/24

$ALTG Alta Equipment Group reports Q4 EPS (8c), consensus (5c) Reports Q4 revenue $521.5M, consensus $483.69M...Product support revenues increased 14.2% year over year with Parts sales increasing to $69.1 million and Service revenues increasing to $60.8M New and used equipment sales grew 25.1% to $298.1 M...Ryan Greenawalt, Chief Executive Officer of Alta, said "The momentum in our business continued throughout the balance of 2023 and as a result, we delivered solid financial and operating results for the fourth quarter and 2023 fiscal year. Total revenues grew 21.7% to $521.5 million for the fourth quarter and increased 19.4% to $1.9 billion for the year. Our business continues to benefit from the broad-based strength in our major end-user markets. For the year, revenues from our Construction Equipment segment grew 12.9% to $1.1 billion while Material Handling revenues increased 19.4% to $681.5 million.....

User Image epsguid Posted - 03/14/24

$ALTG reported a loss of $0.08, consensus was ($0.05) via @eWhispers #epsmiss http://eps.sh/d/altg

User Image Stock_Titan Posted - 03/14/24

$ALTG Alta Equipment Group Announces Fourth Quarter and Full Year 2023 Financial Results and Provides Adjusted EBITDA Guidance for 2024 https://www.stocktitan.net/news/ALTG/alta-equipment-group-announces-fourth-quarter-and-full-year-2023-hrchnq9qu2xy.html

User Image insiderbuyingselling Posted - 03/05/24

$ALTG new insider selling: 17222 shares. http://insiderbuyingselling.com/?t=ALTG

User Image insiderbuyingselling Posted - 03/04/24

$ALTG new insider selling: 34951 shares. http://insiderbuyingselling.com/?t=ALTG

User Image Stock_Titan Posted - 02/29/24

$ALTG Alta Equipment Group Announces Date of Fourth Quarter and Full Year 2023 Financial Results Release, Conference Call and Webcast https://www.stocktitan.net/news/ALTG/alta-equipment-group-announces-date-of-fourth-quarter-and-full-year-8aun2k4mtb04.html

User Image insiderbuyingselling Posted - 02/09/24

$ALTG new insider selling: 3609763 shares. http://insiderbuyingselling.com/?t=ALTG

User Image Wigglyick Posted - 02/08/24

$ALTG Small starter today. Carving out a bottom pattern for this industrial rental & equip company. Good luck

User Image cctranscripts Posted - 01/23/24

Thomas E. Lynch just provided an update on activist position in ALTA EQUIPMENT GROUP INC. https://www.conferencecalltranscripts.org/summary/?id=12888605 $ALTG

User Image Last10K Posted - 01/22/24

$ALTG just filed with the SEC a Event for Officers, a Regulated Disclosure and a Financial Exhibit https://last10k.com/sec-filings/ALTG/0000950170-24-006078.htm?utm_source=stocktwits&utm_medium=forum&utm_campaign=8K&utm_term=ALTG

User Image cctranscripts Posted - 01/22/24

Alta Equipment Group Appoints Jeff Hoover As Chief Legal Officer And General Counsel https://www.conferencecalltranscripts.org/summary/?id=12884489 $ALTG

User Image Last10K Posted - 3 months ago

$ALTG just filed with the SEC a Financial Exhibit https://last10k.com/sec-filings/ALTG/0000950170-24-000534.htm?utm_source=stocktwits&utm_medium=forum&utm_campaign=8K&utm_term=ALTG

User Image cctranscripts Posted - 3 months ago

Alta Equipment Group Announces Preferred Stock Dividend https://www.conferencecalltranscripts.org/summary/?id=12836912 $ALTG

User Image Stock_Titan Posted - 3 months ago

$ALTG Alta Equipment Group Announces Preferred Stock Dividend https://www.stocktitan.net/news/ALTG/alta-equipment-group-announces-preferred-stock-nncl28ga2jo5.html

User Image StockInvest_us Posted - 4 months ago

Signal alert: $ALTG - Overvalued https://stockinvest.us/l/D9j4W1OOhP

User Image cctranscripts Posted - 12/22/23

Thomas E. Lynch just provided an update on activist position in ALTA EQUIPMENT GROUP INC. https://www.conferencecalltranscripts.org/summary/?id=12819052 $ALTG

Analyst Ratings
B. Riley Securities Buy Mar 15, 24
DA Davidson Buy Mar 15, 24
Raymond James Outperform Mar 10, 23
Northland Capital Markets Outperform Sep 23, 22
B. Riley Securities Buy Nov 12, 21
DA Davidson Buy Mar 12, 21
B. Riley Securities Buy May 15, 20
B. Riley Securities Buy Mar 26, 20
B. Riley Securities Buy Mar 17, 20
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Savas Zachary E. Director Director Nov 27 Buy 9.741 5,000 48,705 99,711 11/28/23
Greenawalt Ryan Chief Executive Offi.. Chief Executive Officer, Chair Nov 15 Buy 10.84 10,000 108,400 96,208 11/17/23
Greenawalt Ryan See Remarks See Remarks Aug 14 Buy 14.3737 10,000 143,737 86,208 08/16/23
B. Riley Financial, Inc. 10% Owner 10% Owner Aug 04 Sell 16.25 330,000 5,362,500 2,449,629 08/07/23
B. Riley Financial, Inc. 10% Owner 10% Owner Jul 21 Sell 16.25 2,200,000 35,750,000 2,779,629 07/21/23
Greenawalt Ryan See Remarks See Remarks Jun 01 Buy 13.94 12,000 167,280 67,969 06/05/23
B. Riley Financial, Inc. 10% Owner 10% Owner Apr 13 Buy 13.77 84,000 1,156,680 1,160,134 04/17/23
B. Riley Financial, Inc. 10% Owner 10% Owner Apr 04 Buy 13.82 55,000 760,100 1,076,134 04/06/23
STUDDERT ANDREW P Director Director Aug 12 Buy 13.025 5,500 71,638 53,109 09/22/22
B. Riley Financial, Inc. 10% Owner 10% Owner Jul 26 Buy 10.5 2,936 30,828 2,021,134 07/28/22
B. Riley Financial, Inc. 10% Owner 10% Owner Jul 21 Buy 10.5 808 8,484 2,018,198 07/25/22
B. Riley Financial, Inc. 10% Owner 10% Owner Jul 18 Buy 10.13 20,243 205,062 2,017,390 07/20/22
B. Riley Financial, Inc. 10% Owner 10% Owner Jul 05 Buy 8.82 9,211 81,241 5,976,776 07/07/22
B. Riley Financial, Inc. 10% Owner 10% Owner Jun 29 Buy 8.9093 50,000 445,465 5,967,565 07/01/22
B. Riley Financial, Inc. 10% Owner 10% Owner Jun 24 Buy 9.5 35,852 340,594 5,917,565 06/28/22
STUDDERT ANDREW P Director Director May 26 Buy 10.46 2,500 26,150 38,283 05/27/22
Savas Zachary E. Director Director May 16 Buy 10.66 10,459 111,493 68,571 05/20/22
B. Riley Financial, Inc. 10% Owner 10% Owner May 17 Buy 11 25,000 275,000 5,881,713 05/19/22
Shribman Daniel Director Director May 13 Buy 10.3157 15,000 154,736 371,761 05/16/22
Greenawalt Ryan CEO, Chairman CEO, Chairman May 13 Buy 10.318 8,239 85,010 5,795,492 05/16/22
B. Riley Financial, Inc. 10% Owner 10% Owner May 09 Buy 10.23 75,841 775,853 5,856,713 05/11/22
B. Riley Financial, Inc. 10% Owner 10% Owner Apr 27 Buy 11.3 69,919 790,085 5,780,872 04/29/22
B. Riley Financial, Inc. 10% Owner 10% Owner Apr 22 Buy 11.42 59,349 677,766 5,710,953 04/26/22
B. Riley Financial, Inc. 10% Owner 10% Owner Apr 19 Buy 11.4903 13,357 153,476 5,651,604 04/21/22
B. Riley Financial, Inc. 10% Owner 10% Owner Feb 14 Buy 12.7336 14,881 189,489 5,426,264 02/16/22
B. Riley Financial, Inc. 10% Owner 10% Owner Feb 04 Buy 12.8939 148,956 1,920,624 5,411,383 02/08/22
B. Riley Financial, Inc. 10% Owner 10% Owner Jan 27 Buy 13.50 14,524 196,074 5,262,427 01/31/22
B. Riley Financial, Inc. 10% Owner 10% Owner Jan 24 Buy 13.5 7,953 107,366 5,247,903 01/26/22
B. Riley Financial, Inc. 10% Owner 10% Owner Jan 19 Buy 13.96 85,595 1,194,906 5,239,950 01/21/22
B. Riley Financial, Inc. 10% Owner 10% Owner Jan 11 Buy 14.25 67,092 956,061 5,154,355 01/13/22
B. Riley Financial, Inc. 10% Owner 10% Owner Dec 13 Buy 13.47 149,364 2,011,933 5,084,475 12/15/21
Colucci Anthony Chief Financial Offi.. Chief Financial Officer Nov 02 Sell 15.55 12,700 197,485 22,750 11/04/21
B. Riley Financial, Inc. 10% Owner 10% Owner Oct 18 Buy 13.49 28,689 387,015 4,935,111 10/20/21
B. Riley Financial, Inc. 10% Owner 10% Owner Sep 17 Buy 12.84 22,802 292,778 4,906,422 09/17/21
B. Riley Financial, Inc. 10% Owner 10% Owner Sep 10 Buy 12.8 17,711 226,701 4,883,620 09/10/21