Alta Equipment Group Inc. (ALTG)Industrials | Industrial Distribution | Livonia, United States | NYSE
5.94 USD
-0.09
(-1.493%) ⇩
(Oct. 16, 2026, 4 p.m.
EDT)
After hours: 5.94 |
Hot Take ↕ | Oct. 10, 2026, 5:30 a.m. EDT
The investment case for Alta Equipment Group is severely compromised by deteriorating fundamentals and a hostile market structure. The company is trapped in a value trap: while the stock trades at a fraction of book value, the underlying business is generating negative returns on equity (-20.8%) and negative earnings per share. Revenue has contracted, and the balance sheet is fragile with debt nearly 60 times the market capitalization. The recent price action confirms this distress, with the stock failing to recover from a catastrophic 50% drop last year and instead continuing to grind lower recently. The dividend is a dangerous illusion; with a payout ratio exceeding 126%, the company is distributing more cash than it earns, likely burning through its limited cash reserves to maintain the yield. This is not a sustainable income stream but a symptom of financial stress. Technically and sentiment-wise, the outlook is bleak. The stock is trading below both its 50-day and 200-day moving averages, confirming a downtrend. Options activity screams caution, with traders buying insurance (puts) in droves while avoiding long calls entirely. The statistical forecast model offers no help, showing a flat prediction with low confidence, which in the face of such weak fundamentals simply reinforces the 'do not touch' stance. This is a classic deteriorating business where the market has correctly priced out the risk of further decline. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.064941 |
| AutoETS | 0.147222 |
| AutoTheta | 0.148458 |
| MSTL | 0.171639 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 43% |
| H-stat | 2.34 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.253 |
| Excess Kurtosis | -0.97 |
| Attribute | Value |
|---|---|
| Sector | Industrials |
| Ex Dividend Date | 2025-05-14 |
| Last Dividend Date | 2025-05-14 |
| Revenue per Share | 55.738 |
| Market Cap | 194,041,216 |
| Forward P/E | -9.62 |
| Beta | 1.76 |
| Profit Margins | -4.42% |
| Website | https://www.altg.com |
As of Oct. 10, 2026, 5:30 a.m. EDT: Speculators are overwhelmingly positioning for downside protection rather than upside participation. Put open interest significantly exceeds call open interest across nearly all expirations, with deep out-of-the-money puts showing massive accumulation relative to calls. The implied volatility skew is inverted, with puts trading at a substantial premium compared to calls, indicating a market consensus that the probability of further decline outweighs the chance of recovery. Call volume is negligible, suggesting a lack of speculative bullish momentum.
| Date | Dividend | Yield % |
|---|---|---|
| 2025-05-15 | 0.057 | 1.051661 |
| 2025-02-14 | 0.057 | 0.773406 |
| 2024-11-15 | 0.057 | 0.815451 |
| 2024-08-15 | 0.057 | 0.943709 |
| 2024-05-14 | 0.057 | 0.644068 |
| 2024-02-14 | 0.057 | 0.504872 |
| 2023-11-14 | 0.057 | 0.506217 |
| 2023-08-14 | 0.057 | 0.394737 |
| 2023-05-12 | 0.057 | 0.390144 |
| 2023-02-14 | 0.057 | 0.316843 |
| 2022-11-14 | 0.057 | 0.448819 |
| 2022-08-12 | 0.057 | 0.433131 |
| Attribute | Value |
|---|---|
| 52 Week Change | -0.038277507 |
| Address1 | 13,211 Merriman Road |
| All Time High | 20.6 |
| All Time Low | 3.54 |
| Ask | 5.97 |
| Ask Size | 100 |
| Audit Risk | 9 |
| Average Daily Volume10 Day | 196,690 |
| Average Daily Volume3 Month | 187,278 |
| Average Volume | 187,278 |
| Average Volume10Days | 196,690 |
| Beta | 1.762 |
| Bid | 5.95 |
| Bid Size | 100 |
| Board Risk | 9 |
| Book Value | -1.112 |
| City | Livonia |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 2 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 5.94 |
| Current Ratio | 1.383 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 6.14 |
| Day Low | 5.935 |
| Display Name | Alta Equipment |
| Dividend Date | 1,748,563,200 |
| Dividend Rate | 0.23 |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,786,050,000 |
| Earnings Call Timestamp Start | 1,786,050,000 |
| Earnings Timestamp | 1,786,046,400 |
| Earnings Timestamp End | 1,793,908,800 |
| Earnings Timestamp Start | 1,793,908,800 |
| Ebitda | 44,000,000 |
| Ebitda Margins | 0.02421 |
| Enterprise To Ebitda | 30.886 |
| Enterprise To Revenue | 0.748 |
| Enterprise Value | 1,358,981,248 |
| Eps Current Year | -0.93 |
| Eps Forward | -0.6175 |
| Eps Trailing Twelve Months | -2.57 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,747,267,200 |
| Exchange | NYQ |
| Exchange Data Delayed By | 20 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 6.3406 |
| Fifty Day Average Change | -0.40059996 |
| Fifty Day Average Change Percent | -0.06318013 |
| Fifty Two Week Change Percent | -3.8277507 |
| Fifty Two Week High | 8.69 |
| Fifty Two Week High Change | -2.7499995 |
| Fifty Two Week High Change Percent | -0.31645566 |
| Fifty Two Week Low | 4.155 |
| Fifty Two Week Low Change | 1.7849998 |
| Fifty Two Week Low Change Percent | 0.42960283 |
| Fifty Two Week Range | 4.155 - 8.69 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,556,199,000,000 |
| Float Shares | 17,778,945 |
| Forward Eps | -0.6175 |
| Forward P E | -9.619433 |
| Free Cashflow | 67,087,500 |
| Full Exchange Name | NYSE |
| Full Time Employees | 2,750 |
| Fullday Change | -0.09000015 |
| Fullday Change Percent | -1.4925398 |
| Fullday Price | 5.94 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.25901 |
| Gross Profits | 470,800,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.26913 |
| Held Percent Institutions | 0.62733 |
| Implied Shares Outstanding | 32,666,872 |
| Industry | Industrial Distribution |
| Industry Disp | Industrial Distribution |
| Industry Key | industrial-distribution |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Dividend Date | 1,747,267,200 |
| Last Dividend Value | 0.057 |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | 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 new and used equipment; and sells and distributes replacement parts. In addition, the company offers repair and maintenance services for its equipment; designs and builds services related to automated equipment installation and warehouse management systems integration solutions; and sell new heavy construction, material handling, and environmental processing equipment, as well as tangential products and services. Further, it rents heavy construction, compact, aerial, material handling, and various other types of equipment; and sells rental equipment from its rental fleet; and offers maintenance and repair services. It serves food and beverage, diversified manufacturing, automotive, municipal/government, education, pharmaceutical and medical, wholesale and retail distribution, construction, agriculture and forestry, road building, aggregate and mining, utilities and power generation, and recycling and waste management, and other sectors. Alta Equipment Group Inc. was founded in 1984 and is headquartered in Livonia, Michigan. |
| Long Name | Alta Equipment Group Inc. |
| Market | us_market |
| Market Cap | 194,041,216 |
| Market State | POST |
| Max Age | 86,400 |
| Message Board Id | finmb_4320390 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | -83,300,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 196,327,900 |
| Number Of Analyst Opinions | 5 |
| Open | 6.05 |
| Operating Cashflow | 62,500,000 |
| Operating Margins | 0.025239998 |
| Overall Risk | 6 |
| Payout Ratio | 1.2667 |
| Phone | 248 449 6700 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 5.94 |
| Post Market Time | 1,792,180,866 |
| Previous Close | 6.03 |
| Price Eps Current Year | -6.387097 |
| Price Hint | 2 |
| Price To Book | -5.341727 |
| Price To Sales Trailing12 Months | 0.10675096 |
| Profit Margins | -0.044180002 |
| Quick Ratio | 0.447 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.0900002 |
| Regular Market Change Percent | -1.49254 |
| Regular Market Day High | 6.14 |
| Regular Market Day Low | 5.935 |
| Regular Market Day Range | 5.935 - 6.14 |
| Regular Market Open | 6.05 |
| Regular Market Previous Close | 6.03 |
| Regular Market Price | 5.94 |
| Regular Market Time | 1,792,180,803 |
| Regular Market Volume | 168,063 |
| Return On Assets | 0.0073900004 |
| Return On Equity | -20.857141 |
| Revenue Growth | -0.012 |
| Revenue Per Share | 55.738 |
| Sand P52 Week Change | 0.16207206 |
| Sector | Industrials |
| Sector Disp | Industrials |
| Sector Key | industrials |
| Share Holder Rights Risk | 6 |
| Shares Outstanding | 32,666,872 |
| Shares Percent Shares Out | 0.0183 |
| Shares Short | 599,158 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 597,636 |
| Short Name | Alta Equipment Group Inc. |
| Short Percent Of Float | 0.0326 |
| Short Ratio | 2.63 |
| Source Interval | 15 |
| State | MI |
| Symbol | ALTG |
| Target High Price | 12.0 |
| Target Low Price | 8.0 |
| Target Mean Price | 9.82 |
| Target Median Price | 10.0 |
| Total Cash | 20,900,000 |
| Total Cash Per Share | 0.64 |
| Total Debt | 1,182,899,968 |
| Total Revenue | 1,817,699,968 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -2.57 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 6.4568 |
| Two Hundred Day Average Change | -0.5167999 |
| Two Hundred Day Average Change Percent | -0.080039635 |
| Type Disp | Equity |
| Volume | 168,063 |
| Website | https://www.altg.com |
| Zip | 48,150 |