Alta Equipment Group Inc.
General ticker "ALTG" information:
- Sector: Industrials
- Industry: Trading Companies & Distributors
- Capitalization: $216.1M (TTM average)
Alta Equipment Group Inc. follows the US Stock Market performance with the rate: 44.8%.
Estimated limits based on current volatility of 2.2%: low 4.76$, high 5.02$
Factors to consider:
- Company pays dividends (quarterly): last record date 2025-05-15, amount 0.06$ (Y4.86%)
- Total employees count: 2900 (-3.3%) as of 2024
- Top business risk factors: Economic downturns and volatility, Liquidity and credit risks, Market competition, Inflationary pressures, Regulatory and compliance
- Price in estimated range
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [3.61$, 8.66$]
- 2025-12-31 to 2026-12-31 estimated range: [4.46$, 10.02$]
Financial Metrics affecting the ALTG estimates:
- Negative: with PPE of -3.4 at the end of fiscal year the price was very high
- Positive: -3.60 < Operating profit margin, % of 0.99
- Positive: Operating cash flow per share per price, % of 25.73 > 13.24
- Positive: Industry operating cash flow per share per price (median), % of 12.49 > 10.33
- Negative: Shareholder equity ratio, % of 5.24 <= 18.93
- Positive: 2.97 < Industry operating profit margin (median), % of 7.30
- Negative: negative Net income
- Negative: -0.75 < Inventory ratio change, % of -0.60
Short-term ALTG quotes
Long-term ALTG plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $1,571.80MM | $1,876.80MM | $1,876.60MM |
| Operating Expenses | $1,531.00MM | $1,822.40MM | $1,858.00MM |
| Operating Income | $40.80MM | $54.40MM | $18.60MM |
| Non-Operating Income | $-30.20MM | $-51.90MM | $-84.90MM |
| Interest Expense | $2.70MM | $8.40MM | $12.10MM |
| Income(Loss) | $10.60MM | $2.50MM | $-66.30MM |
| Taxes | $1.30MM | $-6.40MM | $-4.20MM |
| Profit(Loss)* | $9.30MM | $8.90MM | $-62.10MM |
| Stockholders Equity | $139.80MM | $149.70MM | $77.60MM |
| Assets | $1,290.60MM | $1,570.90MM | $1,480.40MM |
| Operating Cash Flow | $18.50MM | $58.40MM | $57.00MM |
| Capital expenditure | $76.70MM | $74.60MM | $70.50MM |
| Investing Cash Flow | $-155.10MM | $-117.40MM | $-56.20MM |
| Financing Cash Flow | $136.90MM | $87.30MM | $-17.90MM |
| Earnings Per Share** | $0.29 | $0.27 | $-1.87 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.