Alta Equipment Group Inc. (ALTG)
| Market Cap | 279.43M |
| Revenue (ttm) | 2.03B |
| Net Income (ttm) | -7.00M |
| Shares Out | 33.15M |
| EPS (ttm) | -0.21 |
| PE Ratio | n/a |
| Forward PE | 29.17 |
| Dividend | $0.23 (2.71%) |
| Ex-Dividend Date | May 14, 2024 |
| Volume | 447,774 |
| Open | 9.05 |
| Previous Close | 8.85 |
| Day's Range | 8.41 - 9.10 |
| 52-Week Range | 8.36 - 17.98 |
| Beta | 1.67 |
| Analysts | Strong Buy |
| Price Target | 22.00 (+160.97%) |
| Earnings Date | May 8, 2024 |
About ALTG
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 wor... [Read more]
Financial Performance
In 2023, ALTG's revenue was $2.01 billion, an increase of 19.00% compared to the previous year's $1.68 billion. Earnings were $5.90 million, a decrease of -6.35%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for ALTG stock is "Strong Buy." The 12-month stock price forecast is $22.0, which is an increase of 160.97% from the latest price.
News
Alta Equipment Group Announces First Quarter 2024 Financial Results
First Quarter Financial Highlights: Total revenues increased $20.9 million year over year to $441.6 million Construction and Material Handling revenues of $255.6 million and $174.3 million, respective...
Alta Equipment Group Announces Common Stock Dividend
LIVONIA, Mich., May 02, 2024 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or "the Company"), a leading provider of premium material handling, construction and environmental proce...
Alta Equipment Group Announces Date of First Quarter 2024 Financial Results Release, Conference Call and Webcast
LIVONIA, Mich., April 24, 2024 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or “the Company”), a leading provider of premium material handling, construction and environmental pro...
Alta Equipment Group Announces Board Refreshment
LIVONIA, Mich., April 12, 2024 (GLOBE NEWSWIRE) -- On April 8, 2024, the Board of Directors (the “Board”) of Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or “the Company”), a leading provider of pre...
Alta Equipment Group Announces Preferred Stock Dividend
LIVONIA, Mich., April 03, 2024 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or “the Company”), a leading provider of premium material handling, construction and environmental pro...
Alta Equipment Group Announces Fourth Quarter and Full Year 2023 Financial Results and Provides Adjusted EBITDA Guidance for 2024
Fourth Quarter Financial Highlights: (comparisons are year over year) Total revenues increased 21.7% year over year to $521.5 million Construction and Material Handling revenues of $328.1 million and ...
Alta Equipment Group Announces Date of Fourth Quarter and Full Year 2023 Financial Results Release, Conference Call and Webcast
LIVONIA, Mich., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or the Company”), a leading provider of premium material handling, construction and environmental proce...
Alta Equipment Group Appoints Sidhartha Nair as Director
LIVONIA, Mich., Feb. 26, 2024 (GLOBE NEWSWIRE) -- On February 22, 2024, Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or “the Company”), a leading provider of premium material handling, construction ...
Alta Equipment Group Appoints Jeff Hoover as Chief Legal Officer and General Counsel
LIVONIA, Mich., Jan. 22, 2024 (GLOBE NEWSWIRE) -- On January 18, 2024, Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or “the Company”), a leading provider of premium material handling, construction a...
Alta Equipment Group Announces Third Quarter 2023 Financial Results
Third Quarter Financial Highlights: (comparisons are year over year) Total revenues increased 15.1% year over year to $466.2 million Construction and Material Handling revenues of $282.0 million and $...
Alta Equipment Group Acquires Ault Industries Expanding Construction Equipment Segment to Canada
LIVONIA, Mich., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or “the Company”) today announced that it has acquired Ault Industries Inc. (“Ault”), a privately held ...
Alta Equipment Group Announces Date of Third Quarter 2023 Financial Results Release, Conference Call and Webcast
LIVONIA, Mich., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or the “Company”), a leading provider of premium material handling, construction and environmental proc...
Alta Equipment Group to Acquire Burris Equipment Adding to Its Construction Business Segment
LIVONIA, Mich., Sept. 28, 2023 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or “the Company”) today announced that it has entered into a definitive agreement to acquire Burris Eq...
Alta Equipment Group Announces Second Quarter 2023 Financial Results
Second Quarter Financial Highlights: (comparisons are year over year) Total revenues increased 15.2% year over year to $468.4 million Construction and Material Handling revenues of $281.5 million and ...
Alta Equipment Group Inc. Announces Full Exercise of Option in Secondary Offering of Common Stock
LIVONIA, Mich., Aug. 04, 2023 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or the “Company”), a leading provider of premium material handling, construction and environmental proc...
Alta Equipment Group Announces Date of Second Quarter 2023 Financial Results Release, Conference Call and Webcast
LIVONIA, Mich., July 28, 2023 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta”), a leading provider of premium material handling, construction and environmental processing equipment ...
Alta Equipment Group Inc. Announces Closing of Secondary Offering of Common Stock
LIVONIA, Mich., July 25, 2023 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or the “Company”), a leading provider of premium material handling, construction and environmental proc...
Alta Equipment Group Inc. Announces Pricing of Upsized Secondary Offering of Common Stock
LIVONIA, Mich., July 21, 2023 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or the “Company”), a leading provider of premium material handling, construction and environmental proc...
Alta Equipment Group Announces Select, Preliminary, Unaudited Second Quarter 2023 Financial Results
Preliminary, Unaudited Second Quarter Financial Highlights Revenue expected to be between $462.0 million to $472.0 million; Trailing twelve months “TTM” revenue expected to be between $1,716.3 million...
Alta Equipment Group Inc. Announces Proposed Secondary Offering of Common Stock
LIVONIA, Mich., July 20, 2023 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or the “Company”), a leading provider of premium material handling, construction and environmental proc...
Alta Equipment Group Announces strong First Quarter 2023 Financial Results and Increases Adjusted EBITDA Guidance for 2023
First Quarter Financial Highlights: (comparisons are year over year) Total revenues increased 26.8% year over year to $420.7 million Construction and Material Handling revenue of $233.1 million and $1...
Alta Equipment Group Announces Date of First Quarter 2023 Financial Results Release, Conference Call and Webcast
LIVONIA, Mich., April 26, 2023 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta”), a leading provider of premium material handling, construction and environmental processing equipment...
Alta Equipment Group Announces Fourth Quarter and Full Year 2022 Financial Results and Provides Adjusted EBITDA Guidance for 2023
Fourth Quarter Financial Highlights: (comparisons are year over year)
Alta Equipment Group Announces Date of Fourth Quarter and Full Year 2022 Financial Results Release, Conference Call and Webcast
LIVONIA, Mich., Feb. 23, 2023 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta”), a leading provider of premium material handling, construction and environmental processing equipment ...
Alta Equipment Group Inc. Reports Third Quarter 2022 Financial Results and Raises 2022 Guidance for Adjusted EBITDA
LIVONIA, Mich.