Alta Equipment Group Inc. (ALTG)Industrials | Rental & Leasing Services | Livonia, United States | NYSE
6.88 USD
+0.26
(3.928%)
⇧
(July 13, 2026, 4 p.m.
EDT)
After hours: 6.88 |
Hot Take ↕ | July 11, 2026, 4:50 a.m. EDT
The investment case here is fundamentally broken. The company is generating negative operating margins and negative returns on equity, while revenue is shrinking. This is not a value opportunity; it is a deteriorating business where the market has correctly priced in a lack of growth and profitability. The balance sheet is fragile, with debt significantly outweighing cash reserves. While the stock offers a headline-grabbing yield, it is a trap. The payout ratio exceeds 100%, meaning the company is paying out more in dividends than it earns in profit, effectively burning through capital to maintain the check. This is unsustainable and signals distress. Technically, the stock is trading below its 200-day average, confirming the long-term downtrend. Although there is some recent price volatility, the momentum remains weak. Options data reinforces this bearish sentiment, with traders buying insurance against further declines rather than betting on a recovery. Avoid this security. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.084790 |
| AutoETS | 0.084935 |
| AutoTheta | 0.087035 |
| MSTL_126 | 0.089525 |
| MSTL | 0.090127 |
| MSTL_79_126 | 0.096988 |
| MSTL_79 | 0.100593 |
Forecast horizon: 60 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 40% |
| H-stat | 0.38 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.849 |
| Excess Kurtosis | 0.00 |
| Attribute | Value |
|---|---|
| Sector | Industrials |
| Ex Dividend Date | 2025-05-14 |
| Last Dividend Date | 2025-05-14 |
| Revenue per Share | 55.977 |
| Market Cap | 223,844,512 |
| Forward P/E | -13.23 |
| Beta | 1.72 |
| Profit Margins | -4.33% |
| Website | https://www.altg.com |
As of July 11, 2026, 4:50 a.m. EDT: Speculators are heavily positioned for downside protection, with significant open interest in out-of-the-money puts expiring in August and October. Call activity is overwhelmingly concentrated in out-of-the-money strikes, suggesting a speculative hope for a bounce rather than a conviction in a sustained rally. The imbalance in volume and open interest favors bearish hedging over bullish speculation.
| 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 | -0.14910024 |
| Address1 | 13,211 Merriman Road |
| All Time High | 20.6 |
| All Time Low | 3.54 |
| Ask | 0.0 |
| Ask Size | 100 |
| Audit Risk | 9 |
| Average Analyst Rating | 1.8 - Buy |
| Average Daily Volume10 Day | 241,000 |
| Average Daily Volume3 Month | 291,459 |
| Average Volume | 291,459 |
| Average Volume10Days | 241,000 |
| Beta | 1.72 |
| Bid | 0.0 |
| Bid Size | 300 |
| Board Risk | 8 |
| Book Value | -0.87 |
| City | Livonia |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 3 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 6.88 |
| Current Ratio | 1.371 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 7.0 |
| Day Low | 6.64 |
| Display Name | Alta Equipment |
| Dividend Date | 1,748,563,200 |
| Dividend Rate | 0.23 |
| Dividend Yield | 3.49 |
| Earnings Call Timestamp End | 1,778,187,600 |
| Earnings Call Timestamp Start | 1,778,187,600 |
| Earnings Timestamp | 1,778,184,000 |
| Earnings Timestamp End | 1,786,046,400 |
| Earnings Timestamp Start | 1,786,046,400 |
| Ebitda | 45,200,000 |
| Ebitda Margins | 0.02479 |
| Enterprise To Ebitda | 30.477 |
| Enterprise To Revenue | 0.755 |
| Enterprise Value | 1,377,544,576 |
| Eps Current Year | -0.87333 |
| Eps Forward | -0.52 |
| Eps Trailing Twelve Months | -2.62 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,747,267,200 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 6.74 |
| Fifty Day Average Change | 0.14000034 |
| Fifty Day Average Change Percent | 0.020771565 |
| Fifty Two Week Change Percent | -14.910025 |
| Fifty Two Week High | 8.88 |
| Fifty Two Week High Change | -2.0 |
| Fifty Two Week High Change Percent | -0.22522523 |
| Fifty Two Week Low | 4.155 |
| Fifty Two Week Low Change | 2.725 |
| Fifty Two Week Low Change Percent | 0.6558363 |
| Fifty Two Week Range | 4.155 - 8.88 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,556,199,000,000 |
| Float Shares | 15,425,425 |
| Forward Eps | -0.52 |
| Forward P E | -13.23077 |
| Free Cashflow | 107,887,504 |
| Full Exchange Name | NYSE |
| Full Time Employees | 2,750 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | 0.25716 |
| Gross Profits | 468,900,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.27021998 |
| Held Percent Institutions | 0.59254 |
| Implied Shares Outstanding | 32,535,540 |
| Industry | Rental & Leasing Services |
| Industry Disp | Rental & Leasing Services |
| Industry Key | rental-leasing-services |
| Is Earnings Date Estimate | 1 |
| 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 | 223,844,512 |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_4320390 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | -81,900,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 223,844,515 |
| Number Of Analyst Opinions | 5 |
| Open | 6.64 |
| Operating Cashflow | 71,300,000 |
| Operating Margins | -0.013890001 |
| 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 | 6.88 |
| Post Market Time | 1,783,981,420 |
| Previous Close | 6.62 |
| Price Eps Current Year | -7.877893 |
| Price Hint | 2 |
| Price To Book | -7.9080462 |
| Price To Sales Trailing12 Months | 0.12276216 |
| Profit Margins | -0.043270003 |
| Quick Ratio | 0.409 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 1.75 |
| Region | US |
| Regular Market Change | 0.26 |
| Regular Market Change Percent | 3.9275 |
| Regular Market Day High | 7.0 |
| Regular Market Day Low | 6.64 |
| Regular Market Day Range | 6.64 - 7.0 |
| Regular Market Open | 6.64 |
| Regular Market Previous Close | 6.62 |
| Regular Market Price | 6.88 |
| Regular Market Time | 1,783,972,802 |
| Regular Market Volume | 193,546 |
| Return On Assets | 0.00735 |
| Return On Equity | -5.6967497 |
| Revenue Growth | -0.03 |
| Revenue Per Share | 55.977 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Industrials |
| Sector Disp | Industrials |
| Sector Key | industrials |
| Share Holder Rights Risk | 6 |
| Shares Outstanding | 32,535,540 |
| Shares Percent Shares Out | 0.012999999 |
| Shares Short | 422,782 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 604,918 |
| Short Name | Alta Equipment Group Inc. |
| Short Percent Of Float | 0.0232 |
| Short Ratio | 1.67 |
| Source Interval | 15 |
| State | MI |
| Symbol | ALTG |
| Target High Price | 17.0 |
| Target Low Price | 8.0 |
| Target Mean Price | 10.6 |
| Target Median Price | 9.0 |
| Total Cash | 23,900,000 |
| Total Cash Per Share | 0.735 |
| Total Debt | 1,177,600,000 |
| Total Revenue | 1,823,399,936 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -2.62 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 6.21295 |
| Two Hundred Day Average Change | 0.6670499 |
| Two Hundred Day Average Change Percent | 0.10736443 |
| Type Disp | Equity |
| Volume | 193,546 |
| Website | https://www.altg.com |
| Zip | 48,150 |