Alta Equipment Group Inc. (ALTG)
NYSE: ALTG · Real-Time Price · USD
4.590
-0.350 (-7.09%)
At close: Mar 28, 2025, 4:00 PM
4.712
+0.122 (2.65%)
After-hours: Mar 28, 2025, 8:00 PM EDT
Alta Equipment Group Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Alta Equipment Group stock have an average target of 13.5, with a low estimate of 8.50 and a high estimate of 20. The average target predicts an increase of 194.12% from the current stock price of 4.59.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Alta Equipment Group stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 4 | 4 | 4 | 4 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Hold Maintains $9 → $8.5 | Hold | Maintains | $9 → $8.5 | +85.19% | Mar 10, 2025 |
| Raymond James | Raymond James | Hold Maintains $10 → $9 | Hold | Maintains | $10 → $9 | +96.08% | Nov 14, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy → Hold Downgrades $30 → $20 | Buy → Hold | Downgrades | $30 → $20 | +335.73% | Nov 13, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $20 → $12 | Strong Buy | Maintains | $20 → $12 | +161.44% | Aug 13, 2024 |
| Raymond James | Raymond James | Buy → Hold Downgrades $14 → $10 | Buy → Hold | Downgrades | $14 → $10 | +117.86% | Aug 9, 2024 |
Financial Forecast
Revenue This Year
1.95B
from 1.88B
Increased by 3.75%
Revenue Next Year
2.06B
from 1.95B
Increased by 5.70%
EPS This Year
-1.03
from -1.96
EPS Next Year
-0.34
from -1.03
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 2.1B | 2.2B | 2.1B | |
| Avg | 1.9B | 2.1B | 2.1B | |
| Low | 1.8B | 1.9B | 2.0B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 10.5% | 12.2% | 3.0% | |
| Avg | 3.8% | 5.7% | 0.0% | |
| Low | -1.7% | -1.6% | -3.9% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | -0.55 | -0.35 |
| Avg | -1.03 | -0.34 |
| Low | -1.23 | -0.32 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.