ALTG official logo ALTG
ALTG 1-star rating from Upturn Advisory
Alta Equipment Group Inc (ALTG) company logo

Alta Equipment Group Inc (ALTG)

Alta Equipment Group Inc (ALTG) 1-star rating from Upturn Advisory
$4.7
Last Close (24-hour delay)
upturn advisory logo
PASS
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock price based on last close icon Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • 1Y
  • 1M
  • 1W

Upturn Advisory Summary

12/01/2025: ALTG (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

1 star rating from financial analysts

4 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $9.95

1 Year Target Price $9.95

Analysts Price Target For last 52 week
$9.95 Target price
52w Low $3.5
Current$4.7
52w High $8.99

Analysis of Past Performance

Type Stock
Historic Profit -65.45%
Avg. Invested days 24
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 1.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 12/01/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 151.51M USD
Price to earnings Ratio -
1Y Target Price 9.95
Price to earnings Ratio -
1Y Target Price 9.95
Volume (30-day avg) 4
Beta 1.53
52 Weeks Range 3.50 - 8.99
Updated Date 12/2/2025
52 Weeks Range 3.50 - 8.99
Updated Date 12/2/2025
Dividends yield (FY) 2.34%
Basic EPS (TTM) -2.5

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date 2025-11-05
When -
Estimate -0.186
Actual -1.101

Profitability

Profit Margin -4.34%
Operating Margin (TTM) 1.14%

Management Effectiveness

Return on Assets (TTM) 0.86%
Return on Equity (TTM) -160.65%

Valuation

Trailing PE -
Forward PE 222.22
Enterprise Value 1356908181
Price to Sales(TTM) 0.08
Enterprise Value 1356908181
Price to Sales(TTM) 0.08
Enterprise Value to Revenue 0.74
Enterprise Value to EBITDA 8.23
Shares Outstanding 32235283
Shares Floating 16609552
Shares Outstanding 32235283
Shares Floating 16609552
Percent Insiders 27.47
Percent Institutions 64.92

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Alta Equipment Group Inc

Alta Equipment Group Inc(ALTG) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Alta Equipment Group Inc. was founded in 1984. It has grown through acquisitions and organic expansion to become a leading provider of industrial and construction equipment and related services.

Company business area logo Core Business Areas

  • Material Handling: Sells, rents, and services forklifts and other warehouse equipment.
  • Construction Equipment: Distributes, rents, and services construction equipment, including excavators, loaders, and cranes.
  • Rental: Equipment rental services across various industries, providing short-term and long-term rental solutions.
  • Service: Aftermarket parts, service, and repair for the products offered in the other segments.

leadership logo Leadership and Structure

Ryan Greenawalt is the CEO. The company operates with a decentralized structure focusing on regional performance.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Yale Forklifts: Sale and service of Yale forklifts. Market share information varies by region, but Yale is a major player in the North American market. Competitors include Hyster-Yale Materials Handling, Toyota Material Handling, and Crown Equipment.
  • Volvo Construction Equipment: Distribution and service of Volvo construction equipment. Volvo is a global leader in construction equipment. Market share data depends on region and equipment type. Competitors include Caterpillar, Komatsu, and Deere & Company.
  • Equipment Rental: Rental services for a wide range of construction and material handling equipment. Varies by region and market segment. Major competitors include United Rentals, Herc Rentals, and Sunbelt Rentals

Market Dynamics

industry overview logo Industry Overview

The industrial and construction equipment industry is cyclical and influenced by economic conditions, infrastructure spending, and construction activity.

Positioning

Alta Equipment Group Inc. positions itself as a full-service provider, offering equipment sales, rentals, parts, and service. Their competitive advantage lies in their diversified product offerings and regional presence.

Total Addressable Market (TAM)

The TAM for construction and material handling equipment is estimated in the hundreds of billions of dollars globally. Alta is positioned to capture a portion of this through organic growth and acquisitions.

Upturn SWOT Analysis

Strengths

  • Diversified product and service offerings
  • Strong relationships with key manufacturers
  • Established regional presence
  • Experienced management team

Weaknesses

  • Cyclical business model
  • High debt levels
  • Integration risks from acquisitions
  • Dependence on key suppliers

Opportunities

  • Increasing infrastructure spending
  • Growing demand for rental equipment
  • Expansion into new geographies
  • Adoption of new technologies

Threats

  • Economic downturns
  • Increased competition
  • Supply chain disruptions
  • Fluctuations in commodity prices

Competitors and Market Share

Key competitor logo Key Competitors

  • URI
  • HRI
  • CAT

Competitive Landscape

Alta competes on customer service, product offerings, and geographic coverage. Larger competitors have advantages in scale and brand recognition.

Major Acquisitions

H.M. Cross & Sons, Inc.

  • Year: 2021
  • Acquisition Price (USD millions): 24.5
  • Strategic Rationale: Expanded presence in the utility and electrical contractor market.

Growth Trajectory and Initiatives

Historical Growth: Alta Equipment Group Inc. has grown significantly through acquisitions and organic expansion, particularly in recent years.

Future Projections: Analyst estimates suggest continued revenue growth, driven by infrastructure spending and rental demand. Growth numbers for upcoming years should be sourced from analyst reports.

Recent Initiatives: Recent acquisitions aimed at expanding geographic footprint and product offerings.

Summary

Alta Equipment Group Inc. has been growing well through both acquisition and organic expansion. The company is in a cyclical industry, and their performance strongly correlates with the overall health of the economy. The company needs to keep an eye on debt, integrating acquisitions, and commodity price fluctuations. However, the company has positioned itself to continue the trend of overall growth.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company Filings (SEC)
  • Analyst Reports
  • Industry Publications

Disclaimers:

The data provided is for informational purposes only and should not be considered financial advice. Market share data are estimates and may vary. Financial performance and future projections are subject to change.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Alta Equipment Group Inc

Exchange NYSE
Headquaters Livonia, MI, United States
IPO Launch date 2019-04-25
CEO & Chairman Mr. Ryan Greenawalt
Sector Industrials
Industry Rental & Leasing Services
Full time employees 2900
Full time employees 2900

Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States and Canada. It operates through three segments: Material Handling, Construction Equipment, and Master Distribution. The company 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 sells used equipment and replacement parts. In addition, the company 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 heavy construction and 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. Alta Equipment Group Inc. was founded in 1984 and is headquartered in Livonia, Michigan.