Alta Equipment Group Statistics
Total Valuation
ALTG has a market cap or net worth of $215.10 million. The enterprise value is $1.47 billion.
Important Dates
The next estimated earnings date is Monday, November 11, 2024, after market close.
| Earnings Date | Nov 11, 2024 |
| Ex-Dividend Date | Aug 15, 2024 |
Share Statistics
ALTG has 33.09 million shares outstanding. The number of shares has increased by 1.48% in one year.
| Shares Outstanding | 33.09M |
| Shares Change (YoY) | +1.48% |
| Shares Change (QoQ) | +0.40% |
| Owned by Insiders (%) | 19.98% |
| Owned by Institutions (%) | 48.90% |
| Float | 18.42M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.11 |
| Forward PS | 0.11 |
| PB Ratio | 1.72 |
| P/FCF Ratio | 83.11 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 8.92, with an EV/FCF ratio of 566.61.
| EV / Earnings | n/a |
| EV / Sales | 0.77 |
| EV / EBITDA | 8.92 |
| EV / EBIT | 41.50 |
| EV / FCF | 566.61 |
Financial Position
The company has a current ratio of 1.37, with a Debt / Equity ratio of 10.08.
| Current Ratio | 1.37 |
| Quick Ratio | 0.42 |
| Debt / Equity | 10.08 |
| Debt / EBITDA | 6.04 |
| Debt / FCF | 485.23 |
| Interest Coverage | 0.53 |
Financial Efficiency
Return on equity (ROE) is -13.73% and return on invested capital (ROIC) is 1.69%.
| Return on Equity (ROE) | -13.73% |
| Return on Assets (ROA) | 1.47% |
| Return on Capital (ROIC) | 1.69% |
| Revenue Per Employee | $639,133 |
| Profits Per Employee | -$7,100 |
| Employee Count | 3,000 |
| Asset Turnover | 1.27 |
| Inventory Turnover | 2.69 |
Taxes
| Income Tax | -13.70M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -29.58% in the last 52 weeks. The beta is 1.67, so ALTG's price volatility has been higher than the market average.
| Beta (5Y) | 1.67 |
| 52-Week Price Change | -29.58% |
| 50-Day Moving Average | 6.37 |
| 200-Day Moving Average | 9.23 |
| Relative Strength Index (RSI) | 55.28 |
| Average Volume (20 Days) | 207,969 |
Short Selling Information
The latest short interest is 2.81 million, so 8.50% of the outstanding shares have been sold short.
| Short Interest | 2.81M |
| Short Previous Month | 2.38M |
| Short % of Shares Out | 8.50% |
| Short % of Float | 15.28% |
| Short Ratio (days to cover) | 12.07 |
Income Statement
In the last 12 months, ALTG had revenue of $1.92 billion and -$21.30 million in losses. Loss per share was -$0.65.
| Revenue | 1.92B |
| Gross Profit | 511.70M |
| Operating Income | 35.50M |
| Pretax Income | -32.00M |
| Net Income | -21.30M |
| EBITDA | 165.10M |
| EBIT | 35.50M |
| Loss Per Share | -$0.65 |
Full Income StatementBalance Sheet
The company has $4.50 million in cash and $1.26 billion in debt, giving a net cash position of -$1.26 billion or -$37.99 per share.
| Cash & Cash Equivalents | 4.50M |
| Total Debt | 1.26B |
| Net Cash | -1.26B |
| Net Cash Per Share | -$37.99 |
| Equity (Book Value) | 125.20M |
| Book Value Per Share | 3.80 |
| Working Capital | 225.50M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $76.60 million and capital expenditures -$74.00 million, giving a free cash flow of $2.60 million.
| Operating Cash Flow | 76.60M |
| Capital Expenditures | -74.00M |
| Free Cash Flow | 2.60M |
| FCF Per Share | $0.08 |
Full Cash Flow StatementMargins
Gross margin is 26.69%, with operating and profit margins of 1.85% and -0.95%.
| Gross Margin | 26.69% |
| Operating Margin | 1.85% |
| Pretax Margin | -1.67% |
| Profit Margin | -0.95% |
| EBITDA Margin | 8.61% |
| EBIT Margin | 1.85% |
| FCF Margin | 0.21% |
Dividends & Yields
This stock pays an annual dividend of $0.23, which amounts to a dividend yield of 3.51%.
| Dividend Per Share | $0.23 |
| Dividend Yield | 3.51% |
| Dividend Growth (YoY) | 274.12% |
| Years of Dividend Growth | 2 |
| Payout Ratio | n/a |
| Buyback Yield | -1.48% |
| Shareholder Yield | 2.05% |
| Earnings Yield | -9.86% |
| FCF Yield | 1.20% |
Dividend DetailsAnalyst Forecast
The average price target for ALTG is $14.67, which is 125.69% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $14.67 |
| Price Target Difference | 125.69% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 3 |
| Revenue Growth Forecast (5Y) | 4.39% |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
ALTG has an Altman Z-Score of 1.51 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.51 |
| Piotroski F-Score | 3 |