Alta Equipment Group

ALTG

市值 US$1.94億

LIVONIA, Mich., Oct. 02, 2026 (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 October 30, 2026, to shareholders of record at the close of business on October 15, 2026.

Alta Equipment Group NYSE: ALTG reported a stronger second quarter as improving equipment demand, recovering deliveries and better margins lifted results sharply from the first quarter, while management narrowed the upper end of its full-year adjusted EBITDA outlook because of timing considerations for material-handling deliveries.

Alta Equipment Group Inc. (ALTG) Q2 2026 Earnings Call Transcript

Second Quarter Financial Highlights: Total revenues increased $65.0 million sequentially versus the first quarter of 2026, with all three segments reporting increases. Total revenues decreased $5.7 million year over year to $475.5 million.

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LIVONIA, Mich., July 30, 2026 (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, 2026, after the U.S. markets close on Thursday, August 6, 2026. 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 (ALTG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Here is how Alta Equipment (ALTG) and Ardagh Metal Packaging S.A. (AMBP) have performed compared to their sector so far this year.

I assign a Buy rating to Alta Equipment Group, viewing it as a leveraged play on an improving equipment cycle with significant deleveraging potential. ALTG's high-margin product support business provides a durable annuity, with Q1 2026 product support revenue growing despite lower equipment sales. March bookings surged, signaling a cyclical inflection; management targets net leverage below 4.5x by year-end, aided by $100–$110M free cash flow.

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