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How to buy Alta Equipment Group stock | $14.66

Learn how to easily invest in Alta Equipment Group stock.

Alta Equipment Group Inc
NYSE: ALTG - USD
RENTAL & LEASING SERVICES
$12.68
+$0.30 (+2.42%)

Alta Equipment Group Inc is a rental & leasing services business based in the US. Alta Equipment Group shares (ALTG) are listed on the NYSE and all prices are listed in US Dollars. Alta Equipment Group employs 2,000 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in Alta Equipment Group

  1. Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – ALTG – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Alta Equipment Group stock price (NYSE: ALTG)

Use our graph to track the performance of ALTG stocks over time.

Alta Equipment Group shares at a glance

Information last updated 2021-07-23.
Latest market close$14.66
52-week range$6.94 - $15.33
50-day moving average $13.36
200-day moving average $12.38
Wall St. target price$17.13
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) $0.00

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Alta Equipment Group stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Alta Equipment Group price performance over time

Historical closes compared with the close of $14.66 from 2021-05-28

1 week (2021-07-19) N/A
1 month (2021-06-30) 10.31%
3 months (2021-04-30) 14.09%
6 months (2021-01-26) N/A
1 year (2020-07-26) N/A
2 years (2019-07-26) N/A
3 years (2018-07-26) N/A
5 years (2016-07-26) N/A

Is Alta Equipment Group under- or over-valued?

Valuing Alta Equipment Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Alta Equipment Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Alta Equipment Group's EBITDA

Alta Equipment Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $83.2 million.

The EBITDA is a measure of a Alta Equipment Group's overall financial performance and is widely used to measure a its profitability.

Alta Equipment Group financials

Revenue TTM $961.9 million
Operating margin TTM 0.51%
Gross profit TTM $214.5 million
Return on assets TTM 0.43%
Return on equity TTM -9.06%
Profit margin -1.32%
Book value $5.05
Market capitalisation $412.6 million

TTM: trailing 12 months

Shorting Alta Equipment Group shares

There are currently 426,103 Alta Equipment Group shares held short by investors – that's known as Alta Equipment Group's "short interest". This figure is 7.5% up from 396,450 last month.

There are a few different ways that this level of interest in shorting Alta Equipment Group shares can be evaluated.

Alta Equipment Group's "short interest ratio" (SIR)

Alta Equipment Group's "short interest ratio" (SIR) is the quantity of Alta Equipment Group shares currently shorted divided by the average quantity of Alta Equipment Group shares traded daily (recently around 104437.00980392). Alta Equipment Group's SIR currently stands at 4.08. In other words for every 100,000 Alta Equipment Group shares traded daily on the market, roughly 4080 shares are currently held short.

However Alta Equipment Group's short interest can also be evaluated against the total number of Alta Equipment Group shares, or, against the total number of tradable Alta Equipment Group shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Alta Equipment Group's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Alta Equipment Group shares in existence, roughly 10 shares are currently held short) or 0.0191% of the tradable shares (for every 100,000 tradable Alta Equipment Group shares, roughly 19 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Alta Equipment Group.

Find out more about how you can short Alta Equipment Group stock.

Alta Equipment Group share dividends

We're not expecting Alta Equipment Group to pay a dividend over the next 12 months.

Alta Equipment Group overview

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.

Frequently asked questions

What percentage of Alta Equipment Group is owned by insiders or institutions?
Currently 19.762% of Alta Equipment Group shares are held by insiders and 63.865% by institutions.
How many people work for Alta Equipment Group?
Latest data suggests 2,000 work at Alta Equipment Group.
When does the fiscal year end for Alta Equipment Group?
Alta Equipment Group's fiscal year ends in December.
Where is Alta Equipment Group based?
Alta Equipment Group's address is: 13211 Merriman Road, Livonia, MI, United States, 48150-1826
What is Alta Equipment Group's ISIN number?
Alta Equipment Group's international securities identification number is: US02128L1061
What is Alta Equipment Group's CUSIP number?
Alta Equipment Group's Committee on Uniform Securities Identification Procedures number is: 02128L106

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