Alta Equipment Group Statistics
Total Valuation
ALTG has a market cap or net worth of $384.48 million. The enterprise value is $1.53 billion.
| Market Cap | 384.48M |
| Enterprise Value | 1.53B |
Important Dates
The next estimated earnings date is Wednesday, May 8, 2024, after market close.
| Earnings Date | May 8, 2024 |
| Ex-Dividend Date | Feb 14, 2024 |
Share Statistics
ALTG has 32.81 million shares outstanding. The number of shares has increased by 1.78% in one year.
| Shares Outstanding | 32.81M |
| Shares Change (YoY) | +1.78% |
| Shares Change (QoQ) | +2.71% |
| Owned by Insiders (%) | 21.81% |
| Owned by Institutions (%) | 67.44% |
| Float | 19.59M |
Valuation Ratios
The trailing PE ratio is 64.67 and the forward PE ratio is 39.81.
| PE Ratio | 64.67 |
| Forward PE | 39.81 |
| PS Ratio | 0.19 |
| Forward PS | 0.19 |
| PB Ratio | 2.55 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | 259.38 |
| EV / Sales | 0.76 |
| EV / EBITDA | 7.97 |
| EV / EBIT | 25.72 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.32, with a Debt / Equity ratio of 7.88.
| Current Ratio | 1.32 |
| Quick Ratio | 0.44 |
| Debt / Equity | 7.88 |
| Debt / EBITDA | 6.14 |
| Debt / FCF | n/a |
| Interest Coverage | 1.04 |
Financial Efficiency
Return on equity (ROE) is 4.10% and return on invested capital (ROIC) is 48.89%.
| Return on Equity (ROE) | 4.10% |
| Return on Assets (ROA) | 0.40% |
| Return on Capital (ROIC) | 48.89% |
| Revenue Per Employee | $668,333 |
| Profits Per Employee | $1,967 |
| Employee Count | 3,000 |
| Asset Turnover | 1.37 |
| Inventory Turnover | 2.94 |
Taxes
| Income Tax | -6.40M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -17.16% in the last 52 weeks. The beta is 1.65, so ALTG's price volatility has been higher than the market average.
| Beta (1Y) | 1.65 |
| 52-Week Price Change | -17.16% |
| 50-Day Moving Average | 11.91 |
| 200-Day Moving Average | 12.31 |
| Relative Strength Index (RSI) | 43.15 |
| Average Volume (30 Days) | 334,309 |
Short Selling Information
The latest short interest is 1.74 million, so 5.31% of the outstanding shares have been sold short.
| Short Interest | 1.74M |
| Short Previous Month | 1.76M |
| Short % of Shares Out | 5.31% |
| Short % of Float | 8.89% |
| Short Ratio (days to cover) | 5.00 |
Income Statement
In the last 12 months, ALTG had revenue of $2.01 billion and earned $5.90 million in profits. Earnings per share was $0.18.
| Revenue | 2.01B |
| Gross Profit | 635.40M |
| Operating Income | 182.60M |
| Pretax Income | 2.50M |
| Net Income | 5.90M |
| EBITDA | 192.10M |
| EBIT | 59.50M |
| Earnings Per Share (EPS) | $0.18 |
Balance Sheet
The company has $31.00 million in cash and $1.18 billion in debt, giving a net cash position of -$1.15 billion or -$35.02 per share.
| Cash & Cash Equivalents | 31.00M |
| Total Debt | 1.18B |
| Net Cash | -1.15B |
| Net Cash Per Share | -$35.02 |
| Equity / Book Value | 149.70M |
| Book Value Per Share | 4.56 |
| Working Capital | 202.90M |
Cash Flow
In the last 12 months, operating cash flow was $63.80 million and capital expenditures -$74.10 million, giving a free cash flow of -$10.30 million.
| Operating Cash Flow | 63.80M |
| Capital Expenditures | -74.10M |
| Free Cash Flow | -10.30M |
| FCF Per Share | -$0.32 |
Margins
Gross margin is 31.69%, with operating and profit margins of 9.11% and 0.29%.
| Gross Margin | 31.69% |
| Operating Margin | 9.11% |
| Pretax Margin | 0.12% |
| Profit Margin | 0.29% |
| EBITDA Margin | 9.58% |
| EBIT Margin | 2.97% |
| FCF Margin | -0.51% |
Dividends & Yields
This stock pays an annual dividend of $0.85, which amounts to a dividend yield of 7.28%.
| Dividend Per Share | $0.85 |
| Dividend Yield | 7.28% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | 2 |
| Payout Ratio | 473.89% |
| Buyback Yield | -1.78% |
| Shareholder Yield | 5.55% |
| Earnings Yield | 1.55% |
| FCF Yield | -2.70% |
Analyst Forecast
The average price target for ALTG is $22.00, which is 87.87% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $22.00 |
| Price Target Difference | 87.87% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 2 |
| Revenue Growth Forecast (5Y) | 4.21% |
| 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 1.65 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.65 |
| Piotroski F-Score | 5 |