Alta Equipment Group Inc. (ALTG)
NYSE: ALTG · Real-Time Price · USD
7.90
-0.13 (-1.62%)
Dec 3, 2024, 10:24 AM EST - Market open
Alta Equipment Group Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for ALTG stock have an average target of 15.75, with a low estimate of 9.00 and a high estimate of 22. The average target predicts an increase of 99.37% from the current stock price of 7.90.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ALTG stock from 4 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
---|---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 0 | 0 | 1 | 1 | 1 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 2 | 2 | 3 | 3 | 3 | 4 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Raymond James | Raymond James | Hold Maintains $10 → $9 | Hold | Maintains | $10 → $9 | +13.92% | Nov 14, 2024 |
Northland Capital Markets | Northland Capital Markets | Buy → Hold Downgrades $30 → $20 | Buy → Hold | Downgrades | $30 → $20 | +153.16% | Nov 13, 2024 |
DA Davidson | DA Davidson | Strong Buy Maintains $20 → $12 | Strong Buy | Maintains | $20 → $12 | +51.90% | Aug 13, 2024 |
Raymond James | Raymond James | Buy → Hold Downgrades $14 → $10 | Buy → Hold | Downgrades | $14 → $10 | +26.58% | Aug 9, 2024 |
DA Davidson | DA Davidson | Strong Buy Maintains $22 → $20 | Strong Buy | Maintains | $22 → $20 | +153.16% | May 21, 2024 |
Financial Forecast
Revenue This Year
1.91B
from 1.88B
Increased by 1.98%
Revenue Next Year
1.96B
from 1.91B
Increased by 2.46%
EPS This Year
-1.82
from 0.18
EPS Next Year
-1.03
from -1.82
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 2.0B | 2.1B | 2.2B | ||
Avg | 1.9B | 2.0B | 2.1B | ||
Low | 1.8B | 1.8B | 1.9B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 6.7% | 8.4% | 11.4% | ||
Avg | 2.0% | 2.5% | 4.9% | ||
Low | -3.1% | -3.7% | -2.3% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | -1.39 | -0.55 | -0.35 |
Avg | -1.82 | -1.03 | -0.34 |
Low | -1.95 | -1.23 | -0.32 |
EPS Growth
EPS Growth | 2024 | 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.