ALTG:NYE-Alta Equipment Group Inc (USD)

COMMON STOCK | Rental & Leasing Services | NYE

Last Closing Price

USD 14.06

Change

0.00 (0.00)%

Market Cap

USD 0.46B

Volume

0.02M

Avg Analyst Target

USD 19.25 (+36.91%)

Avg User Target

USD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States. It operates in two segments, Material Handling and Construction Equipment. The company operates a branch network that sells, rents, and provides parts and service support for various categories of specialized equipment, including lift trucks and aerial work platforms, cranes, earthmoving equipment, and other material handling and construction equipment. It also offers repair and maintenance services for its equipment. In addition, the company designs and builds warehouses, as well as provides automated equipment installation and system integration solutions. It serves diversified manufacturing, food and beverage, wholesale/retail, construction, automotive, municipal/government, and medical sectors. Alta Equipment Group Inc. was founded in 1984 and is based in Livonia, Michigan. Address: 13211 Merriman Road, Livonia, MI, United States, 48150-1826

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2021-10-23 )

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AL Air Lease Corporation

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PRG PROG Holdings Inc

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FTAI Fortress Transportation and In..

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TRTN-PA Triton International Limited

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ETFs Containing ALTG

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Rental & Leasing Services)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 42.31% 65% D 85% B
Dividend Return N/A N/A N/A N/A N/A
Total Return 42.31% 65% D 84% B
Trailing 12 Months  
Capital Gain 68.79% 63% D 83% B
Dividend Return N/A N/A N/A N/A N/A
Total Return 68.79% 63% D 82% B-
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 39.48% 75% C 92% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 39.48% 75% C 92% A-
Risk Return Profile  
Volatility (Standard Deviation) 60.83% 38% F 14% F
Risk Adjusted Return 64.91% 88% B+ 70% C-
Market Capitalization 0.46B 24% F 37% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Rental & Leasing Services)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 7.29 81% B- 83% B
Price/Book Ratio 3.23 31% F 32% F
Price / Cash Flow Ratio -11.85 100% A+ 89% B+
EV/EBITDA 11.03 54% F 57% F
Management Effectiveness  
Return on Equity -18.55% 21% F 16% F
Return on Invested Capital -0.35% 16% F 27% F
Return on Assets -0.04% 16% F 18% F
Debt to Equity Ratio 86.04% 74% C 43% F
Technical Ratios  
Short Ratio 7.06 23% F 10% F
Short Percent 1.87% 100% A+ 66% D
Beta N/A N/A N/A N/A N/A
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

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User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector