Alta Equipment Group Inc. (ALTG)
Market Cap | 221.15M |
Revenue (ttm) | 1.90B |
Net Income (ttm) | -56.40M |
Shares Out | 33.26M |
EPS (ttm) | -1.70 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | $0.23 (3.43%) |
Ex-Dividend Date | Nov 15, 2024 |
Volume | 172,510 |
Open | 6.47 |
Previous Close | 6.60 |
Day's Range | 6.47 - 6.82 |
52-Week Range | 5.40 - 13.67 |
Beta | 1.72 |
Analysts | Buy |
Price Target | 15.75 (+136.84%) |
Earnings Date | Nov 12, 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, Alta Equipment Group's revenue was $1.88 billion, an increase of 19.40% compared to the previous year's $1.57 billion. Earnings were $5.90 million, a decrease of -6.35%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for ALTG stock is "Buy." The 12-month stock price forecast is $15.75, which is an increase of 136.84% from the latest price.
News
Alta Equipment Group Inc. (ALTG) Q3 2024 Earnings Call Transcript
Alta Equipment Group Inc. (NYSE:ALTG) Q3 2024 Earnings Conference Call November 12, 2024 5:00 PM ET Company Participants Jason Dammeyer - Director of SEC Reporting & Technical Accounting Ryan Greenaw...
Alta Equipment Group Announces Third Quarter 2024 Financial Results
Third Quarter Financial Highlights: Total revenues decreased $17.4 million year over year to $448.8 million Construction Equipment and Material Handling revenues of $262.3 million and $168.9 million, ...
Alta Equipment Group Announces Date of Third Quarter 2024 Financial Results Release, Conference Call and Webcast
LIVONIA, Mich., Nov. 07, 2024 (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 Common Stock Dividend
LIVONIA, Mich., Nov. 04, 2024 (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: Overlooked And Undervalued
Alta's earnings power is more durable than appears with Parts & Services segment driving high margin, recurring revenue growth. Despite appearing highly levered, Alta enjoys subsidized floor plan fina...
Alta Equipment Group Announces Preferred Stock Dividend
LIVONIA, Mich., Oct. 03, 2024 (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. (ALTG) Q2 2024 Earnings Call Transcript
Alta Equipment Group Inc. (NYSE:ALTG) Q2 2024 Earnings Call Transcript August 7, 2024 5:00 PM ET Company Participants Jason Dammeyer - Investor Relations Ryan Greenawalt - Chairman & Chief Executive ...
Alta Equipment Group Announces Second Quarter 2024 Financial Results
Second Quarter Financial Highlights: Total revenues increased $19.7 million year over year to $488.1 million Construction Equipment and Material Handling revenues of $294.9 million and $175.6 million,...
Alta Equipment Group Announces Date of Second Quarter 2024 Financial Results Release, Conference Call and Webcast
LIVONIA, Mich., July 24, 2024 (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 Pricing of Private Offering of $500 Million of Senior Secured Second Lien Notes due 2029
LIVONIA, Mich., May 21, 2024 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or the “Company”), announced today that it has priced $500 million in aggregate principal amount of its ...
Alta Equipment Group Announces Proposed Private Offering of $500 Million of Senior Secured Second Lien Notes
LIVONIA, Mich., May 20, 2024 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or the “Company”), today announced that it intends to offer, subject to market and other conditions, $50...
Alta Equipment Group Inc. (ALTG) Q1 2024 Earnings Call Transcript
Alta Equipment Group Inc. (NYSE:ALTG) Q1 2024 Earnings Conference Call May 8, 2024 5:00 PM ET Company Participants Jason Dammeyer - IR Ryan Greenawalt - Chairman and CEO Tony Colucci - CFO Conference...
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 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 Inc. (ALTG) Q4 2023 Earnings Call Transcript
Alta Equipment Group Inc. (ALTG) Q4 2023 Earnings Call Transcript
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 Inc (ALTG) Q3 2023 Earnings Call Transcript
Alta Equipment Group Inc (NYSE:ALTG) Q3 2023 Earnings Conference Call November 8, 2023 5:00 PM ET Company Participants Jason Dammeyer - Investor Relations Ryan Greenawalt - Chairman and Chief Executi...
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...