Alta Equipment Group Statistics
Total Valuation
ALTG has a market cap or net worth of $343.74 million. The enterprise value is $1.54 billion.
| Market Cap | 343.74M |
| Enterprise Value | 1.54B |
Important Dates
The next estimated earnings date is Wednesday, August 7, 2024, after market close.
| Earnings Date | Aug 7, 2024 |
| Ex-Dividend Date | May 14, 2024 |
Share Statistics
ALTG has 33.15 million shares outstanding. The number of shares has increased by 2.09% in one year.
| Shares Outstanding | 33.15M |
| Shares Change (YoY) | +2.09% |
| Shares Change (QoQ) | -1.51% |
| Owned by Insiders (%) | 26.65% |
| Owned by Institutions (%) | 79.16% |
| Float | 17.23M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 22.12 |
| PS Ratio | 0.17 |
| Forward PS | 0.17 |
| PB Ratio | 2.51 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 0.76 |
| EV / EBITDA | 8.30 |
| EV / EBIT | 33.08 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.30, with a Debt / Equity ratio of 8.74.
| Current Ratio | 1.30 |
| Quick Ratio | 0.39 |
| Debt / Equity | 8.74 |
| Debt / EBITDA | 6.47 |
| Debt / FCF | n/a |
| Interest Coverage | 0.76 |
Financial Efficiency
Return on equity (ROE) is -4.90%.
| Return on Equity (ROE) | -4.90% |
| Return on Assets (ROA) | -0.50% |
| Return on Capital (ROIC) | n/a |
| Revenue Per Employee | $676,133 |
| Profits Per Employee | -$2,333 |
| Employee Count | 3,000 |
| Asset Turnover | 1.34 |
| Inventory Turnover | 2.72 |
Taxes
| Income Tax | -10.70M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -41.28% in the last 52 weeks. The beta is 1.69, so ALTG's price volatility has been higher than the market average.
| Beta (5Y) | 1.69 |
| 52-Week Price Change | -41.28% |
| 50-Day Moving Average | 8.77 |
| 200-Day Moving Average | 10.67 |
| Relative Strength Index (RSI) | 64.90 |
| Average Volume (20 Days) | 426,371 |
Short Selling Information
The latest short interest is 1.71 million, so 5.17% of the outstanding shares have been sold short.
| Short Interest | 1.71M |
| Short Previous Month | 1.51M |
| Short % of Shares Out | 5.17% |
| Short % of Float | 9.95% |
| Short Ratio (days to cover) | 3.69 |
Income Statement
In the last 12 months, ALTG had revenue of $2.03 billion and -$7.00 million in losses. Loss per share was -$0.21.
| Revenue | 2.03B |
| Gross Profit | 637.20M |
| Operating Income | 172.10M |
| Pretax Income | -14.70M |
| Net Income | -7.00M |
| EBITDA | 184.90M |
| EBIT | 46.40M |
| Loss Per Share | -$0.21 |
Balance Sheet
The company has $5.60 million in cash and $1.20 billion in debt, giving a net cash position of -$1.19 billion or -$35.94 per share.
| Cash & Cash Equivalents | 5.60M |
| Total Debt | 1.20B |
| Net Cash | -1.19B |
| Net Cash Per Share | -$35.94 |
| Equity (Book Value) | 136.90M |
| Book Value Per Share | 4.13 |
| Working Capital | 191.20M |
Cash Flow
In the last 12 months, operating cash flow was $72.00 million and capital expenditures -$73.60 million, giving a free cash flow of -$1.60 million.
| Operating Cash Flow | 72.00M |
| Capital Expenditures | -73.60M |
| Free Cash Flow | -1.60M |
| FCF Per Share | -$0.05 |
Margins
Gross margin is 31.41%, with operating and profit margins of 8.48% and -0.35%.
| Gross Margin | 31.41% |
| Operating Margin | 8.48% |
| Pretax Margin | -0.72% |
| Profit Margin | -0.35% |
| EBITDA Margin | 9.12% |
| EBIT Margin | 2.29% |
| FCF Margin | -0.08% |
Dividends & Yields
This stock pays an annual dividend of $0.23, which amounts to a dividend yield of 2.20%.
| Dividend Per Share | $0.23 |
| Dividend Yield | 2.20% |
| Dividend Growth (YoY) | 274.12% |
| Years of Dividend Growth | 2 |
| Payout Ratio | n/a |
| Buyback Yield | -2.09% |
| Shareholder Yield | 0.11% |
| Earnings Yield | -2.04% |
| FCF Yield | -0.47% |
Analyst Forecast
The average price target for ALTG is $21.00, which is 102.51% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $21.00 |
| Price Target Difference | 102.51% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 2 |
| Revenue Growth Forecast (5Y) | 3.02% |
| EPS Growth Forecast (5Y) | n/a |
Stock 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 1.61 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.61 |
| Piotroski F-Score | 2 |