Alta Equipment Group Inc. (ALTG)
NYSE: ALTG · Real-Time Price · USD
8.03
+0.12 (1.52%)
Dec 2, 2024, 4:00 PM EST - Market closed

Alta Equipment Group Statistics

Total Valuation

ALTG has a market cap or net worth of $267.05 million. The enterprise value is $1.50 billion.

Market Cap 267.05M
Enterprise Value 1.50B

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 (%) 44.99%
Float 18.55M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 0.14
Forward PS 0.14
PB Ratio 2.78
P/TBV Ratio n/a
P/FCF Ratio 6.69
P/OCF Ratio 2.45
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 9.38, with an EV/FCF ratio of 37.53.

EV / Earnings n/a
EV / Sales 0.79
EV / EBITDA 9.38
EV / EBIT 52.73
EV / FCF 37.53

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 -22.11% in the last 52 weeks. The beta is 1.72, so ALTG's price volatility has been higher than the market average.

Beta (5Y) 1.72
52-Week Price Change -22.11%
50-Day Moving Average 6.81
200-Day Moving Average 8.86
Relative Strength Index (RSI) 60.52
Average Volume (20 Days) 422,729

Short Selling Information

The latest short interest is 3.06 million, so 9.20% of the outstanding shares have been sold short.

Short Interest 3.06M
Short Previous Month 2.81M
Short % of Shares Out 9.20%
Short % of Float 16.48%
Short Ratio (days to cover) 8.60

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 Statement

Balance 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 Sheet

Cash 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 Statement

Margins

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 2.84%.

Dividend Per Share $0.23
Dividend Yield 2.84%
Dividend Growth (YoY) 274.12%
Years of Dividend Growth 2
Payout Ratio n/a
Buyback Yield -1.66%
Shareholder Yield 1.18%
Earnings Yield -21.12%
FCF Yield 14.94%
Dividend Details

Analyst Forecast

The average price target for ALTG is $15.75, which is 96.14% higher than the current price. The consensus rating is "Buy".

Price Target $15.75
Price Target Difference 96.14%
Analyst Consensus Buy
Analyst Count 4
Revenue Growth Forecast (5Y) 4.39%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

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 1.47 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