Alta Equipment Group Statistics
Total Valuation
ALTG has a market cap or net worth of $247.76 million. The enterprise value is $1.48 billion.
Important Dates
The last earnings date was Tuesday, November 12, 2024, after market close.
| Earnings Date | Nov 12, 2024 |
| Ex-Dividend Date | Nov 15, 2024 |
Share Statistics
ALTG has 33.26 million shares outstanding. The number of shares has increased by 1.66% in one year.
| Current Share Class | 33.26M |
| Shares Outstanding | 33.26M |
| Shares Change (YoY) | +1.66% |
| Shares Change (QoQ) | -0.10% |
| Owned by Insiders (%) | 19.89% |
| Owned by Institutions (%) | 45.08% |
| Float | 18.55M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.13 |
| Forward PS | 0.12 |
| PB Ratio | 2.58 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | 6.21 |
| P/OCF Ratio | 2.27 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 9.26, with an EV/FCF ratio of 37.05.
| EV / Earnings | n/a |
| EV / Sales | 0.78 |
| EV / EBITDA | 9.26 |
| EV / EBIT | 52.05 |
| EV / FCF | 37.05 |
Financial Position
The company has a current ratio of 1.35, with a Debt / Equity ratio of 13.01.
| Current Ratio | 1.35 |
| Quick Ratio | 0.38 |
| Debt / Equity | 13.01 |
| Debt / EBITDA | 6.11 |
| Debt / FCF | 31.20 |
| Interest Coverage | 0.38 |
Financial Efficiency
Return on equity (ROE) is -43.91% and return on invested capital (ROIC) is 1.35%.
| Return on Equity (ROE) | -43.91% |
| Return on Assets (ROA) | 1.17% |
| Return on Capital (ROIC) | 1.35% |
| Revenue Per Employee | $633,333 |
| Profits Per Employee | -$18,800 |
| Employee Count | 3,000 |
| Asset Turnover | 1.25 |
| Inventory Turnover | 2.63 |
Taxes
In the past 12 months, ALTG has paid $5.20 million in taxes.
| Income Tax | 5.20M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -25.50% 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 | -25.50% |
| 50-Day Moving Average | 6.62 |
| 200-Day Moving Average | 8.98 |
| Relative Strength Index (RSI) | 56.12 |
| Average Volume (20 Days) | 413,253 |
Short Selling Information
The latest short interest is 2.78 million, so 8.36% of the outstanding shares have been sold short.
| Short Interest | 2.78M |
| Short Previous Month | 2.53M |
| Short % of Shares Out | 8.36% |
| Short % of Float | 14.98% |
| Short Ratio (days to cover) | 12.54 |
Income Statement
In the last 12 months, ALTG had revenue of $1.90 billion and -$56.40 million in losses. Loss per share was -$1.70.
| Revenue | 1.90B |
| Gross Profit | 510.20M |
| Operating Income | 28.40M |
| Pretax Income | -32.00M |
| Net Income | -56.40M |
| EBITDA | 159.60M |
| EBIT | 28.40M |
| Loss Per Share | -$1.70 |
Full Income StatementBalance Sheet
The company has $14.60 million in cash and $1.25 billion in debt, giving a net cash position of -$1.23 billion or -$37.00 per share.
| Cash & Cash Equivalents | 14.60M |
| Total Debt | 1.25B |
| Net Cash | -1.23B |
| Net Cash Per Share | -$37.00 |
| Equity (Book Value) | 95.70M |
| Book Value Per Share | 2.89 |
| Working Capital | 214.10M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $109.00 million and capital expenditures -$69.10 million, giving a free cash flow of $39.90 million.
| Operating Cash Flow | 109.00M |
| Capital Expenditures | -69.10M |
| Free Cash Flow | 39.90M |
| FCF Per Share | $1.20 |
Full Cash Flow StatementMargins
Gross margin is 26.85%, with operating and profit margins of 1.49% and -2.81%.
| Gross Margin | 26.85% |
| Operating Margin | 1.49% |
| Pretax Margin | -2.54% |
| Profit Margin | -2.81% |
| EBITDA Margin | 8.40% |
| EBIT Margin | 1.49% |
| FCF Margin | 0.21% |
Dividends & Yields
This stock pays an annual dividend of $0.23, which amounts to a dividend yield of 3.06%.
| Dividend Per Share | $0.23 |
| Dividend Yield | 3.06% |
| Dividend Growth (YoY) | 274.12% |
| Years of Dividend Growth | 2 |
| Payout Ratio | n/a |
| Buyback Yield | -1.66% |
| Shareholder Yield | 1.40% |
| Earnings Yield | -22.76% |
| FCF Yield | 16.10% |
Dividend DetailsAnalyst Forecast
The average price target for ALTG is $15.75, which is 111.41% higher than the current price. The consensus rating is "Buy".
| Price Target | $15.75 |
| Price Target Difference | 111.41% |
| Analyst Consensus | Buy |
| Analyst Count | 4 |
| 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 1.47 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.47 |
| Piotroski F-Score | 3 |