Alta Equipment Group Stock Today

ALTG Stock  USD 7.14  0.24  3.25%   

Performance

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Odds Of Distress

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Alta Equipment is trading at 7.14 as of the 25th of September 2025. This is a 3.25 percent decrease since the beginning of the trading day. The stock's lowest day price was 7.14. Alta Equipment has about a 34 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 27th of June 2025 and ending today, the 25th of September 2025. Click here to learn more.
Business Domain
Capital Goods
IPO Date
25th of April 2019
Category
Industrials
Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States. Alta Equipment Group Inc. was founded in 1984 and is headquartered in Livonia, Michigan. Alta Equipment operates under Rental Leasing Services classification in the United States and is traded on New York Stock Exchange. The company has 32.05 M outstanding shares of which 874.13 K shares are presently shorted by private and institutional investors with about 3.53 trading days to cover. More on Alta Equipment Group

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Follow Valuation Options Odds of Bankruptcy
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Alta Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanRyan Greenawalt
Thematic IdeaRentals (View all Themes)
Business ConcentrationTrading Companies & Distributors, Rental & Leasing Services, Industrials, NYSE Composite, Rentals, Industrials, Trading Companies & Distributors, Rental & Leasing Services, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.21.2676
Notably Down
Very volatile
Gross Profit Margin0.390.2631
Way Up
Pretty Stable
Net Debt683.6 M1.2 B
Way Down
Slightly volatile
Total Current Liabilities298.5 M577.2 M
Way Down
Slightly volatile
Non Current Liabilities Total432.7 M825.6 M
Way Down
Slightly volatile
Total Assets891.2 M1.5 B
Way Down
Slightly volatile
Total Current Assets446.6 M774.5 M
Way Down
Slightly volatile
Debt Levels
Alta Equipment can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Alta Equipment's financial leverage. It provides some insight into what part of Alta Equipment's total assets is financed by creditors.
Liquidity
Alta Equipment Group currently holds 1.2 B in liabilities with Debt to Equity (D/E) ratio of 5.38, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Alta Equipment Group has a current ratio of 1.04, suggesting that it is in a questionable position to pay out its financial obligations when due. Note, when we think about Alta Equipment's use of debt, we should always consider it together with its cash and equity.

Net Income

(58.99 Million)
Alta Equipment Group (ALTG) is traded on New York Stock Exchange in USA. It is located in 13211 Merriman Road, Livonia, MI, United States, 48150 and employs 2,900 people. Alta Equipment is listed under Trading Companies & Distributors category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 242.6 M. Alta Equipment Group conducts business under Trading Companies & Distributors sector and is part of Industrials industry. The entity has 32.05 M outstanding shares of which 874.13 K shares are presently shorted by private and institutional investors with about 3.53 trading days to cover. Alta Equipment Group currently holds about 500 K in cash with 57 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Check Alta Equipment Probability Of Bankruptcy
Ownership Allocation
Alta Equipment holds a total of 32.05 Million outstanding shares. Over half of Alta Equipment's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Alta Ownership Details

Alta Stock Institutional Holders

InstituionRecorded OnShares
State Street Corp2025-06-30
502.7 K
Geode Capital Management, Llc2025-06-30
478.4 K
Gsa Capital Partners Llp2025-06-30
284.1 K
Citizens Financial Group Inc2025-06-30
230 K
Bank Of New York Mellon Corp2025-06-30
225.5 K
American Century Companies Inc2025-06-30
225.4 K
Register Financial Advisors Llc2025-06-30
214.3 K
Abs Direct Equity Fund Llc2025-06-30
200 K
Northern Trust Corp2025-06-30
176 K
Mill Road Capital Management Llc2025-06-30
4.3 M
Voss Capital Llc2025-06-30
M
View Alta Equipment Diagnostics

Alta Equipment Historical Income Statement

At this time, Alta Equipment's Interest Income is most likely to increase significantly in the upcoming years. View More Fundamentals

Alta Stock Against Markets

Alta Equipment Corporate Management

Daniel ShribmanDirectorProfile
Andrew StuddertIndependent DirectorProfile
Jeff HooverChief CounselProfile
Sinem McDonaldDirector ReportingProfile
Craig BrubakerChief OfficerProfile

Already Invested in Alta Equipment Group?

The danger of trading Alta Equipment Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Alta Equipment is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Alta Equipment. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Alta Equipment Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Alta Equipment Group is a strong investment it is important to analyze Alta Equipment's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alta Equipment's future performance. For an informed investment choice regarding Alta Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alta Equipment Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alta Equipment. If investors know Alta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alta Equipment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.454
Dividend Share
0.228
Earnings Share
(2.10)
Revenue Per Share
56.019
Quarterly Revenue Growth
(0.01)
The market value of Alta Equipment Group is measured differently than its book value, which is the value of Alta that is recorded on the company's balance sheet. Investors also form their own opinion of Alta Equipment's value that differs from its market value or its book value, called intrinsic value, which is Alta Equipment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alta Equipment's market value can be influenced by many factors that don't directly affect Alta Equipment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alta Equipment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alta Equipment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alta Equipment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.