The stock price of Alta Equipment Group Inc (NYSE: ALTG) has jumped by 17.58 compared to previous close of 4.72. Despite this, the company has seen a gain of 9.68% in its stock price over the last five trading days. seekingalpha.com reported 2025-05-11 that Alta Equipment Group Inc. (NYSE:ALTG ) Q1 2025 Earnings Conference Call May 7, 2025 5:00 PM ET Company Participants Jason Dammeyer – Director of SEC Reporting and Technical Accounting Ryan Greenawalt – Chairman & CEO Anthony Colucci – Chief Financial Officer Conference Call Participants Steven Ramsey – Thompson Research Group Ted Jackson – Northland Capital Markets Laura Maher – B. Riley Securities Operator Good afternoon, and thank you for attending the Alta Equipment Group First Quarter 2025 Earnings Conference Call.
Is It Worth Investing in Alta Equipment Group Inc (NYSE: ALTG) Right Now?
Moreover, the 36-month beta value for ALTG is 1.47. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for ALTG is 20.05M and currently, short sellers hold a 7.46% of that float. On June 04, 2025, ALTG’s average trading volume was 223.61K shares.
ALTG’s Market Performance
The stock of Alta Equipment Group Inc (ALTG) has seen a 9.68% increase in the past week, with a 16.84% rise in the past month, and a 16.60% gain in the past quarter. The volatility ratio for the week is 8.51%, and the volatility levels for the past 30 days are at 5.43% for ALTG. The simple moving average for the past 20 days is 11.18% for ALTG’s stock, with a -9.78% simple moving average for the past 200 days.
Analysts’ Opinion of ALTG
Many brokerage firms have already submitted their reports for ALTG stocks, with B. Riley Securities repeating the rating for ALTG by listing it as a “Buy.” The predicted price for ALTG in the upcoming period, according to B. Riley Securities is $10 based on the research report published on March 27, 2025 of the current year 2025.
Northland Capital, on the other hand, stated in their research note that they expect to see ALTG reach a price target of $20. The rating they have provided for ALTG stocks is “Market Perform” according to the report published on November 13th, 2024.
Northland Capital gave a rating of “Outperform” to ALTG, setting the target price at $25 in the report published on September 23rd of the previous year.
ALTG Trading at 19.03% from the 50-Day Moving Average
After a stumble in the market that brought ALTG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -51.27% of loss for the given period.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ALTG starting from STUDDERT ANDREW P, who purchase 6,743 shares at the price of $4.80 back on May 29 ’25. After this action, STUDDERT ANDREW P now owns 93,334 shares of Alta Equipment Group Inc, valued at $32,348 using the latest closing price.
STUDDERT ANDREW P, the Director of Alta Equipment Group Inc, purchase 3,257 shares at $4.80 during a trade that took place back on May 30 ’25, which means that STUDDERT ANDREW P is holding 96,591 shares at $15,650 based on the most recent closing price.
Stock Fundamentals for ALTG
Current profitability levels for the company are sitting at:
- 0.01 for the present operating margin
- 0.26 for the gross margin
The net margin for Alta Equipment Group Inc stands at -0.04. The total capital return value is set at 0.02. Equity return is now at value -73.72, with -4.64 for asset returns.
Based on Alta Equipment Group Inc (ALTG), the company’s capital structure generated 0.86 points at debt to capital in total, while cash flow to debt ratio is standing at 0.13. The debt to equity ratio resting at 6.39. The interest coverage ratio of the stock is 0.33.
Currently, EBITDA for the company is 159.5 million with net debt to EBITDA at 3.01. When we switch over and look at the enterprise to sales, we see a ratio of 0.29. The receivables turnover for the company is 8.94for trailing twelve months and the total asset turnover is 1.23. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.36.
Conclusion
To wrap up, the performance of Alta Equipment Group Inc (ALTG) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
