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Morningstar

Alta Equipment Group Inc Class A ALTG

Morningstar Rating
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Stock XNYS Rating as of
$8.38 +0.39 (4.88%)
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As of Delayed Price Closed
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

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ALTG is trading at a 697% premium.
Price
$8.41
Fair Value
$16.49
Uncertainty
Very High
1-Star Price
$14.82
5-Star Price
$8.83
Economic Moat
Xcpbc
Capital Allocation
—
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News

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Trading Information

Previous Close Price
$7.99
Day Range
$7.85–8.55
52-Week Range
$7.64–17.98
Bid/Ask
$8.10 / $9.02
Market Cap
$277.77 Mil
Volume/Avg
449,110 / 356,588

Key Statistics

Price/Earnings (Normalized)
201.52
Price/Sales
0.15
Dividend Yield (Trailing)
2.72%
Dividend Yield (Forward)
2.72%
Total Yield
2.72%

Company Profile

Alta Equipment Group Inc is an integrated equipment dealership platform in the U.S. Its segments are Material Handling and Construction Equipment. The Material Handling segment is engaged in operations related to the sale, service, and rental of lift trucks in Michigan, Illinois, Indiana, New York, Virginia, and throughout the New England states whereas, the Construction Equipment segment is principally engaged in operations related to the sale, service, and rental of construction equipment in Michigan, Indiana, Illinois, Ohio, New York, Florida and throughout the New England States.
Sector
Industrials
Industry
Rental & Leasing Services
Stock Style Box
Small Value
Total Number of Employees
3,000
Website
https://www.altaequipment.com

Comparables

Valuation

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Metric
ALTG
CPNG
MGNI
Price/Earnings (Normalized)
 201.5277.2425.70
Price/Book Value
 2.019.612.60
Price/Sales
 0.151.542.79
Price/Cash Flow
 1.1922.7712.58
Price/Earnings
ALTG
CPNG
MGNI

Financial Strength

Metric
ALTG
CPNG
MGNI
Quick Ratio
 0.440.781.07
Current Ratio
 1.321.151.09
Interest Coverage
 1.045.77−3.87
Quick Ratio
ALTG
CPNG
MGNI

Profitability

Metric
ALTG
CPNG
MGNI
Return on Assets (Normalized)
 1.57%12.59%3.22%
Return on Equity (Normalized)
 15.70%46.16%11.76%
Return on Invested Capital (Normalized)
 5.58%22.86%8.09%
Return on Assets
ALTG
CPNG
MGNI
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