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NYSE: ALTG
Alta Equipment Group Inc Stock

$8.60-0.03 (-0.35%)
Updated May 17, 2024
ALTG Price
$8.60
Fair Value Price
N/A
Market Cap
$285.07M
52 Week Low
$8.31
52 Week High
$17.98
P/E
-40.95x
P/B
2.08x
P/S
0.21x
PEG
N/A
Dividend Yield
2.65%
Revenue
$2.03B
Earnings
-$4.00M
Gross Margin
31.4%
Operating Margin
2.29%
Profit Margin
-0.3%
Debt to Equity
10.42
Operating Cash Flow
$72M
Beta
1
Next Earnings
N/A
Ex-Dividend
May 14, 2024
Next Dividend
May 31, 2024

ALTG Overview

Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States. The company operates through two segments, Industrial Equipment and Construction Equipment. It sells, rents, and provides parts and service support for various categories of specialized new and used equipment, including lift trucks and aerial work platforms, cranes, earthmoving equipment, and other industrial and construction equipment. The company was formerly known as B. Riley Principal Merger Corp. and changed its name to Alta Equipment Group Inc. in February 2020. Alta Equipment Group Inc. was founded in 1984 and is based in Livonia, Michigan.

Zen Score

Industry Average (27)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how ALTG scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

ALTG is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
ALTG is good value based on its book value relative to its share price (2.08x), compared to the US Rental & Leasing Services industry average (2.34x)
P/B vs Industry Valuation
ALTG is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
There are 35 more ALTG due diligence checks available for Premium users.

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ALTG News

Valuation

ALTG price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-40.95x
Industry
16.37x
Market
30.97x

ALTG price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
2.08x
Industry
2.34x
ALTG is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

ALTG's financial health

Profit margin

Revenue
$475.3M
Net Income
-$11.9M
Profit Margin
-2.7%
ALTG's cash burn is expected... subscribe to Premium to read more.
Interest Coverage Financials
ALTG's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$1.6B
Liabilities
$1.4B
Debt to equity
10.42
ALTG's short-term assets ($822.30M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
ALTG's short-term assets ($822.30M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
ALTG's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
ALTG's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$11.9M
Investing
-$18.1M
Financing
$4.6M
ALTG's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

ALTG vs Rental & Leasing Service Stocks

TickerMarket Cap1d %P/EP/B
ALTG$285.07M-0.35%-40.95x2.08x
AAN$232.45M+0.66%-9.73x0.35x
WLFC$432.87M+2.63%7.41x0.94x
MPU$60.44M0.00%-14.00x3.80x
FPAY$24.15M-2.63%-3.47x0.83x

Alta Equipment Group Stock FAQ

What is Alta Equipment Group's quote symbol?

(NYSE: ALTG) Alta Equipment Group trades on the NYSE under the ticker symbol ALTG. Alta Equipment Group stock quotes can also be displayed as NYSE: ALTG.

If you're new to stock investing, here's how to buy Alta Equipment Group stock.

What is the 52 week high and low for Alta Equipment Group (NYSE: ALTG)?

(NYSE: ALTG) Alta Equipment Group's 52-week high was $17.98, and its 52-week low was $8.31. It is currently -52.17% from its 52-week high and 3.49% from its 52-week low.

How much is Alta Equipment Group stock worth today?

(NYSE: ALTG) Alta Equipment Group currently has 33,147,140 outstanding shares. With Alta Equipment Group stock trading at $8.60 per share, the total value of Alta Equipment Group stock (market capitalization) is $285.07M.

Alta Equipment Group stock was originally listed at a price of $10.00 in Apr 9, 2019. If you had invested in Alta Equipment Group stock at $10.00, your return over the last 5 years would have been -14%, for an annualized return of -2.97% (not including any dividends or dividend reinvestments).

How much is Alta Equipment Group's stock price per share?

(NYSE: ALTG) Alta Equipment Group stock price per share is $8.60 today (as of May 17, 2024).

What is Alta Equipment Group's Market Cap?

(NYSE: ALTG) Alta Equipment Group's market cap is $285.07M, as of May 18, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Alta Equipment Group's market cap is calculated by multiplying ALTG's current stock price of $8.60 by ALTG's total outstanding shares of 33,147,140.
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