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Upturn AI SWOT - About
ALTG 
Alta Equipment Group Inc (ALTG)
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Upturn Advisory Summary
06/30/2025: ALTG (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
4 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $8.08
1 Year Target Price $8.08
| 2 | Strong Buy |
| 0 | Buy |
| 2 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -65.95% | Avg. Invested days 24 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/30/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 207.11M USD | Price to earnings Ratio - | 1Y Target Price 8.08 |
Price to earnings Ratio - | 1Y Target Price 8.08 | ||
Volume (30-day avg) 4 | Beta 1.47 | 52 Weeks Range 3.50 - 10.99 | Updated Date 06/30/2025 |
52 Weeks Range 3.50 - 10.99 | Updated Date 06/30/2025 | ||
Dividends yield (FY) 3.65% | Basic EPS (TTM) -2.23 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -3.83% | Operating Margin (TTM) 0.19% |
Management Effectiveness
Return on Assets (TTM) 0.83% | Return on Equity (TTM) -73.72% |
Valuation
Trailing PE - | Forward PE 222.22 | Enterprise Value 1427712245 | Price to Sales(TTM) 0.11 |
Enterprise Value 1427712245 | Price to Sales(TTM) 0.11 | ||
Enterprise Value to Revenue 0.77 | Enterprise Value to EBITDA 8.95 | Shares Outstanding 33191100 | Shares Floating 15377089 |
Shares Outstanding 33191100 | Shares Floating 15377089 | ||
Percent Insiders 26.92 | Percent Institutions 67.6 |
Analyst Ratings
Rating 2 | Target Price 8.08 | Buy - | Strong Buy 2 |
Buy - | Strong Buy 2 | ||
Hold 2 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Alta Equipment Group Inc
Company Overview
History and Background
Alta Equipment Group Inc. was founded in 1984 and has grown through organic expansion and strategic acquisitions. They primarily focus on distributing and servicing industrial and construction equipment.
Core Business Areas
- Material Handling: Offers sales, rental, and service of forklifts, warehouse equipment, and related products.
- Construction Equipment: Provides sales, rental, and service of construction machinery, including excavators, loaders, and other heavy equipment.
- Rental Equipment: Rents out equipment such as lifts, excavators and other machinery as needed by its customers.
Leadership and Structure
Ryan Greenawalt serves as the CEO. The company has a typical corporate structure with functional departments for sales, service, finance, and operations.
Top Products and Market Share
Key Offerings
- Forklifts (Hyster-Yale, Yale): Sales and service of forklifts from Hyster-Yale and Yale. Competitors include Toyota Material Handling, Crown Equipment, and Mitsubishi Logisnext. Market share data unavailable specifically for Alta's forklift sales.
- Construction Equipment (Volvo, Sennebogen): Sales, rental, and service of Volvo and Sennebogen construction equipment. Competitors include Caterpillar, Komatsu, and Deere & Company. Market share data unavailable specifically for Alta's construction equipment sales.
- Equipment Rental: Heavy equipment rentals to industrial and construction markets. Competitors include United Rentals, Herc Rentals. Market share data unavailable specifically for Alta's construction equipment rentals.
Market Dynamics
Industry Overview
The industrial and construction equipment industry is driven by infrastructure development, economic growth, and demand for material handling solutions. The industry is seeing shifts towards electrification and automation.
Positioning
Alta Equipment Group Inc. positions itself as a solutions provider with a focus on customer service and a wide range of equipment offerings. They compete with larger national players and regional distributors.
Total Addressable Market (TAM)
TAM for construction and material handling equipment is estimated in the hundreds of billions globally. Alta is positioned to capture market share via expansion and acquisition.
Upturn SWOT Analysis
Strengths
- Diverse product portfolio
- Strong service capabilities
- Established relationships with key manufacturers
- Geographic presence
Weaknesses
- Reliance on economic cycles
- High capital expenditure requirements
- Integration risks with acquisitions
- Competition from larger national players
Opportunities
- Expansion into new geographic markets
- Growth in the rental equipment segment
- Increasing demand for electric and automated equipment
- Acquisition of smaller competitors
Threats
- Economic downturns
- Increased competition
- Supply chain disruptions
- Fluctuations in raw material prices
Competitors and Market Share
Key Competitors
- URI
- HRI
- CAT
Competitive Landscape
Alta faces competition from larger, more established players. They compete on customer service, specialized offerings, and regional presence.
Major Acquisitions
HILO Equipment & Services
- Year: 2021
- Acquisition Price (USD millions): 56.8
- Strategic Rationale: Expanded its footprint into downstate Illinois and Northwest Indiana
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been driven by organic sales growth and acquisitions.
Future Projections: Future growth is projected to be driven by continued expansion, rental growth, and increasing demand for advanced equipment. Analyst estimates will vary.
Recent Initiatives: Recent initiatives include strategic acquisitions to expand geographic footprint and product offerings.
Summary
Alta Equipment Group is a growing company operating in the industrial and construction equipment market. Their acquisition strategy is strengthening its market position. They face competition from larger national players and must manage economic cycles carefully. The company is benefiting from growth in the rental segment and the increasing demand for advanced equipment.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Industry Reports
- Analyst Reports
Disclaimers:
This analysis is based on available information and does not constitute financial advice. Market share data is approximate. Financial figures are not current or up-to-date and should be verified through official sources. The AI rating is based on an automated analysis and should be used for informational purposes only.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
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 | Website https://www.altg.com |
Full time employees 2900 | Website https://www.altg.com | ||
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.
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