Alta Equipment Group Inc Class A ALTG
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.
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News
-
Alta Equipment Group Announces Proposed Private Offering of $500 Million of Senior Secured Second Lien Notes
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Alta Equipment Group Announces First Quarter 2024 Financial Results
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Alta Equipment Group Announces Common Stock Dividend
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Alta Equipment Group Announces Date of First Quarter 2024 Financial Results Release, Conference Call and Webcast
-
Alta Equipment Group Announces Board Refreshment
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Alta Equipment Group Announces Preferred Stock Dividend
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Alta Equipment Group Announces Fourth Quarter and Full Year 2023 Financial Results and Provides Adjusted EBITDA Guidance for 2024
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Alta Equipment Group Announces Date of Fourth Quarter and Full Year 2023 Financial Results Release, Conference Call and Webcast
Trading Information
- Previous Close Price
- $8.60
- Day Range
- $8.50–9.25
- 52-Week Range
- $8.31–17.98
- Bid/Ask
- $9.02 / $9.91
- Market Cap
- $306.61 Mil
- Volume/Avg
- 423,982 / 317,155
Key Statistics
- Price/Earnings (Normalized)
- 206.82
- Price/Sales
- 0.15
- Dividend Yield (Trailing)
- 2.65%
- Dividend Yield (Forward)
- 2.65%
- Total Yield
- 2.65%
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 Core
- Total Number of Employees
- 3,000
- Website
- https://www.altaequipment.com
Comparables
Valuation
|
Metric
|
ALTG
|
HEES
|
FINN
|
|---|---|---|---|
Price/Earnings (Normalized) | 206.82 | 10.88 | — |
Price/Book Value | 2.06 | 3.19 | — |
Price/Sales | 0.15 | 1.15 | — |
Price/Cash Flow | 1.22 | 3.21 | — |
Price/Earnings
ALTG
HEES
FINN
Financial Strength
|
Metric
|
ALTG
|
HEES
|
FINN
|
|---|---|---|---|
Quick Ratio | 0.44 | 1.39 | — |
Current Ratio | 1.32 | 2.05 | — |
Interest Coverage | 1.04 | 4.41 | — |
Quick Ratio
ALTG
HEES
FINN
Profitability
|
Metric
|
ALTG
|
HEES
|
FINN
|
|---|---|---|---|
Return on Assets (Normalized) | 1.57% | 3.70% | 0.95% |
Return on Equity (Normalized) | 15.70% | 19.68% | 11.53% |
Return on Invested Capital (Normalized) | 5.58% | 7.06% | — |
Return on Assets
ALTG
HEES
FINN
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