ALTG icon

Alta Equipment Group

7.47 USD
-0.09
1.19%
At close Updated Sep 12, 4:00 PM EDT
Pre-market
After hours
7.47
0.00
0%
1 day
-1.19%
5 days
-13.94%
1 month
-5.56%
3 months
18.57%
6 months
51.21%
Year to date
14.05%
1 year
20.68%
5 years
-4.84%
10 years
-22.99%
 

About: Alta Equipment Group Inc is an integrated equipment dealership platform in the U.S. Its segments are Material Handling and Construction Equipment. The Material Handling segment is engaged in operations related to the sale, service, and rental of lift trucks in Michigan, Illinois, Indiana, New York, Virginia, and throughout the New England states whereas, the Construction Equipment segment is principally engaged in operations related to the sale, service, and rental of construction equipment in Michigan, Indiana, Illinois, Ohio, New York, Florida and throughout the New England States.

Employees: 2,900

0
Funds holding %
of 7,462 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

755% more call options, than puts

Call options by funds: $881K | Put options by funds: $103K

30% more capital invested

Capital invested by funds: $103M [Q1] → $134M (+$31.2M) [Q2]

1% more funds holding

Funds holding: 99 [Q1] → 100 (+1) [Q2]

7% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 14

2.9% less ownership

Funds ownership: 66.85% [Q1] → 63.95% (-2.9%) [Q2]

16% less repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 38

50% less funds holding in top 10

Funds holding in top 10: 2 [Q1] → 1 (-1) [Q2]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$8
7% upside
Avg. target
$14
87% upside
High target
$20
168% upside

2 analyst ratings

positive
50%
neutral
50%
negative
0%
DA Davidson
Matt Summerville
$8
Neutral
Downgraded
18 Aug 2025
Northland Capital Markets
Ted Jackson
$20
Outperform
Upgraded
8 Jul 2025

Financial journalist opinion

Neutral
Business Wire
11 days ago
Allmark Door Expands Northeast Presence with Acquisition of Alta Equipment Group's Dock & Door Services Division
SPRINGFIELD, N.J.--(BUSINESS WIRE)-- #commercialrealestate--Allmark Door announced today its acquisition of the dock & door services division of Alta Equipment Group Inc. (“Alta Dock & Door”).
Allmark Door Expands Northeast Presence with Acquisition of Alta Equipment Group's Dock & Door Services Division
Neutral
Seeking Alpha
1 month ago
Alta Equipment Group Inc. (ALTG) Q2 2025 Earnings Call Transcript
Alta Equipment Group Inc. (NYSE:ALTG ) Q2 2025 Earnings Conference Call August 7, 2025 5:00 PM ET Company Participants Anthony J. Colucci - Chief Financial Officer Jason Dammeyer - Director of SEC Reporting & Technical Accounting Ryan Greenawalt - CEO & Chairman Conference Call Participants Liam Dalton Burke - B.
Alta Equipment Group Inc. (ALTG) Q2 2025 Earnings Call Transcript
Neutral
The Motley Fool
1 month ago
Alta Equipment (ALTG) Q2 Loss Down 46%
Alta Equipment (ALTG) Q2 Loss Down 46%
Alta Equipment (ALTG) Q2 Loss Down 46%
Neutral
Zacks Investment Research
1 month ago
Alta Equipment (ALTG) Reports Q2 Loss, Beats Revenue Estimates
Alta Equipment (ALTG) came out with a quarterly loss of $0.21 per share versus the Zacks Consensus Estimate of a loss of $0.27. This compares to a loss of $0.38 per share a year ago.
Alta Equipment (ALTG) Reports Q2 Loss, Beats Revenue Estimates
Neutral
GlobeNewsWire
1 month ago
Alta Equipment Group Announces Second Quarter 2025 Financial Results
Second Quarter Financial Highlights: Total revenues decreased $6.9 million year over year to $481.2 million but increased $58.2 million sequentially versus the first quarter of 2025 Construction Equipment and Master Distribution revenues increased $10.0 million year over year to a combined $321.6 million, while Material Handling revenues decreased $14.9 million year over year to $160.7 million New and used equipment revenues increased 5.6% year over year to $265.6 million for the quarter Service gross profit percentage increased 40 basis points year over year to 59.8% Selling, general and administrative expenses reduced by $12.2 million year over year Net loss available to common stockholders of $(6.8) million Basic and diluted net loss per share of $(0.21) Adjusted basic and diluted pre-tax net loss per share* of $(0.11) Adjusted EBITDA* increased $14.9 million sequentially to $48.5 million LIVONIA, Mich., Aug. 07, 2025 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta”, "we", "our" or the “Company”), a leading provider of premium material handling, construction and environmental processing equipment and related services, today announced financial results for the second quarter ended June 30, 2025.
Alta Equipment Group Announces Second Quarter 2025 Financial Results
Neutral
GlobeNewsWire
1 month ago
Alta Equipment Group Announces Date of Second Quarter 2025 Financial Results Release, Conference Call and Webcast
LIVONIA, Mich., July 28, 2025 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or “the Company”), a leading provider of premium material handling, construction and environmental processing equipment and related services, today announced that it will report its financial results for the second quarter ended June 30, 2025, after the U.S. markets close on Thursday, August 7, 2025. In conjunction with this announcement, Alta management will host a conference call and webcast that afternoon at 5:00 p.m. Eastern Time to discuss and answer questions about the Company's financial results. Prior to the conference call and webcast, Alta will issue a press release and supplementary presentation slides reporting these results on the Investors portion of the Company's website, https://investors.altaequipment.com.
Alta Equipment Group Announces Date of Second Quarter 2025 Financial Results Release, Conference Call and Webcast
Positive
Zacks Investment Research
2 months ago
Alta Equipment (ALTG) Stock Jumps 16.1%: Will It Continue to Soar?
Alta Equipment (ALTG) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Alta Equipment (ALTG) Stock Jumps 16.1%: Will It Continue to Soar?
Neutral
GlobeNewsWire
2 months ago
Alta Equipment Group Announces Preferred Stock Dividend
LIVONIA, Mich., July 02, 2025 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or “the Company”), a leading provider of premium material handling, construction and environmental processing equipment and related services, today announced that its Board of Directors approved the quarterly dividend on its Series A Cumulative Perpetual Preferred Stock in the amount of $625 per preferred share. This will equate to a dividend of $0.625 for each of the outstanding Depositary Shares representing a 1/1000th fractional interest in one share of Series A Preferred. The dividend payment date is July 31, 2025, to shareholders of record at the close of business on July 15, 2025.
Alta Equipment Group Announces Preferred Stock Dividend
Positive
Seeking Alpha
2 months ago
Alta Equipment Group: Order Booking And Share Repurchase Signal Values
Alta Equipment Group is positioned for recovery, with robust demand in key regions and a strong Material Handling backlog supporting a turnaround. Despite macro headwinds—tariffs and construction softness—the stock trades at a discount to peers, offering significant upside potential. Strategic divestment and cost controls resulted in strong liquidity, while management prioritizes share repurchases over dividend payments.
Alta Equipment Group: Order Booking And Share Repurchase Signal Values
Positive
Zacks Investment Research
3 months ago
5 Broker-Favored Stocks to Watch Amid Cooling Inflation
With inflation easing and consumer confidence rebounding, brokers favor stocks like BTSG, ALGT, CVI, ALTG and CBRL.
5 Broker-Favored Stocks to Watch Amid Cooling Inflation
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