Alta Equipment Group Inc
General ticker "ALTG" information:
- Sector: Industrials
- Industry: Trading Companies & Distributors
- Capitalization: $252.3M
Alta Equipment Group Inc does not follow the US Stock Market performance with the rate: -25.4%.
Estimated limits based on current volatility of 3.1%: low 6.47$, high 6.88$
Factors to consider:
- Company pays dividends: last record date 2024-11-15, amount 0.06$ (Y3.61%)
- 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 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [5.80$, 11.58$]
- 2024-12-30 to 2025-12-30 estimated range: [5.85$, 11.35$]
Financial Metrics affecting the ALTG estimates:
- Positive: 0.10 < Non-GAAP EPS, $ of 0.32
- Positive: Operating cash flow per share per price, % of 17.85 > 12.76
- Positive: 1.03 < Operating profit margin, % of 2.90
- Positive: -0.25 < Return on assets ratio (scaled to [-100,100]) of 0.56
- Negative: Investing cash flow per share, $ of -3.78 <= -3.48
- Negative: Interest expense per share, $ of 1.76 > 0.74
- Negative: Industry inventory ratio change (median), % of 2.35 > 0.49
- Positive: Industry operating cash flow per share per price (median), % of 11.30 > 10.07
Short-term ALTG quotes
Long-term ALTG plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $1,212.80MM | $1,571.80MM | $1,876.80MM |
| Operating Expenses | $1,194.80MM | $1,531.00MM | $1,822.40MM |
| Operating Income | $18.00MM | $40.80MM | $54.40MM |
| Non-Operating Income | $-35.20MM | $-30.20MM | $-51.90MM |
| Interest Expense | $24.00MM | $31.80MM | $57.00MM |
| Income(Loss) | $-17.20MM | $10.60MM | $2.50MM |
| Taxes | $3.60MM | $1.30MM | $-6.40MM |
| Profit(Loss) | $-20.80MM | $9.30MM | $8.90MM |
| Stockholders Equity | $134.70MM | $139.80MM | $149.70MM |
| Assets | $982.60MM | $1,290.60MM | $1,570.90MM |
| Operating Cash Flow | $30.70MM | $26.00MM | $63.80MM |
| Capital expenditure | $50.40MM | $76.70MM | $74.60MM |
| Investing Cash Flow | $-113.40MM | $-162.60MM | $-122.80MM |
| Financing Cash Flow | $83.80MM | $136.90MM | $87.30MM |
| Earnings Per Share* | $-0.66 | $0.29 | $0.18 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.