Alta Equipment Group is a rental & leasing services business based in the US. Alta Equipment Group shares (ALTG) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $7.45 – an increase of 3.47% over the previous week. Alta Equipment Group employs 3,000 staff and has a trailing 12-month revenue of around $1.9 billion.
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| Latest market close | $7.45 |
|---|---|
| 52-week range | $5.30 - $13.34 |
| 50-day moving average | $6.52 |
| 200-day moving average | $9.07 |
| Wall St. target price | $12.70 |
| PE ratio | N/A |
| Dividend yield | $0.228 (3.17%) |
| Earnings per share (TTM) | $-0.64 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $7.12 from 2024-11-19
| 1 week (2024-11-14) | -1.11% |
|---|---|
| 1 month (2024-10-21) | 20.47% |
| 3 months (2024-08-21) | 13.02% |
| 6 months (2024-05-21) | -17.97% |
| 1 year (2023-11-21) | -29.08% |
|---|---|
| 2 years (2022-11-21) | -35.38% |
| 3 years (2021-11-19) | 15.1204 |
| 5 years (2019-11-20) | 8.8965 |
Valuing Alta Equipment Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Alta Equipment Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Alta Equipment Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $159.6 million.
The EBITDA is a measure of a Alta Equipment Group's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $1.9 billion |
|---|---|
| Operating margin TTM | 1.51% |
| Gross profit TTM | $419.6 million |
| Return on assets TTM | 1.17% |
| Return on equity TTM | -43.91% |
| Profit margin | -2.81% |
| Book value | $2.89 |
| Market Capitalization | $238.3 million |
TTM: trailing 12 months
Dividend payout ratio: 126.67% of net profits
Recently Alta Equipment Group has paid out, on average, around 100% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Alta Equipment Group shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Alta Equipment Group's case, that would currently equate to about $0.228 per share.
Alta Equipment Group's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Alta Equipment Group's most recent dividend payout was on 28 November 2024. The latest dividend was paid out to all shareholders who bought their shares by 14 November 2024 (the "ex-dividend date").
Over the last 12 months, Alta Equipment Group's shares have ranged in value from as little as $5.3041 up to $13.3379. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Alta Equipment Group's is 1.67. This would suggest that Alta Equipment Group's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States. It operates through three segments: Material Handling, Construction Equipment, and Master Distribution. The company operates a branch network that sells, rents, and provides parts and service support for various categories of specialized equipment, including lift trucks and other material handling equipment, heavy and compact earthmoving equipment, crushing and screening equipment, environmental processing equipment, cranes and aerial work platforms, paving and asphalt equipment, and other construction equipment and related products. It also offers repair and maintenance services for its equipment. In addition, the company designs and builds warehouses; provides automated equipment installation and system integration solutions; and distributes environmental processing equipment. It serves various manufacturing, food and beverage, automotive, municipal/government, education, pharmaceutical and medical, wholesale and retail distribution, construction, agriculture, road building, mining, recycling, and waste management sectors.
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