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ALTG Stock Forecast 2025-2026
$5.97
Current Price
$203.13M
Market Cap
Buy 2
Hold 2
Sell 0
Wall St Analyst Ratings
Distance to ALTG Price Targets
+67.5%
To High Target of $10.00
+28.3%
To Median Target of $7.66
+17.3%
To Low Target of $7.00
ALTG Price Momentum
-5.2%
1 Week Change
+12.0%
1 Month Change
-30.7%
1 Year Change
-8.7%
Year-to-Date Change
-47.6%
From 52W High of $11.39
+68.6%
From 52W Low of $3.54
📊 TOP ANALYST CALLS
Did ALTG Make This Month's Elite Buy List?
We don't follow just any analyst — only the top 3% with a proven track record make our cut. See if Alta Equipment is one of their latest high-conviction picks.
Latest ALTG Stock Price Targets & Analyst Predictions
Based on our analysis of 5 Wall Street analysts, ALTG has a neutral consensus with a median price target of $7.66 (ranging from $7.00 to $10.00). Currently trading at $5.97, the median forecast implies a 28.3% upside. This outlook is supported by 2 Buy, 2 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Bryan Fast at Raymond James, projecting a 67.5% upside. Conversely, the most conservative target is provided by Bryan Fast at Raymond James, suggesting a 17.3% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
ALTG Analyst Ratings
2
Buy
2
Hold
0
Sell
ALTG Price Target Range
Low
$7.00
Average
$7.66
High
$10.00
Current: $5.97
Latest ALTG Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for ALTG.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| May 19, 2025 | DA Davidson | Matt Summerville | Buy | Maintains | $8.00 |
| May 16, 2025 | Raymond James | Bryan Fast | Market Perform | Maintains | $7.00 |
| Mar 10, 2025 | Raymond James | Bryan Fast | Market Perform | Maintains | $8.50 |
| Nov 14, 2024 | Raymond James | Bryan Fast | Market Perform | Maintains | $9.00 |
| Nov 13, 2024 | Northland Capital Markets | Ted Jackson | Market Perform | Downgrade | $20.00 |
| Aug 13, 2024 | DA Davidson | Matt Summerville | Buy | Maintains | $12.00 |
| Aug 9, 2024 | Raymond James | Bryan Fast | Market Perform | Downgrade | $10.00 |
| May 21, 2024 | DA Davidson | Matt Summerville | Buy | Maintains | $20.00 |
| Mar 15, 2024 | DA Davidson | Matt Summerville | Buy | Maintains | $22.00 |
| Mar 15, 2024 | B. Riley Securities | Alex Rygiel | Buy | Reiterates | $22.00 |
| Mar 10, 2023 | Raymond James | Bryan Fast | Outperform | Maintains | $22.00 |
| Sep 23, 2022 | Northland Capital Markets | Ted Jackson | Outperform | Initiates | $25.00 |
| Nov 12, 2021 | B. Riley Securities | Alex Rygiel | Buy | Maintains | $21.00 |
| Mar 12, 2021 | DA Davidson | Buy | Initiates | $0.00 | |
| May 15, 2020 | B. Riley Securities | Buy | Maintains | $10.00 | |
| May 15, 2020 | B. Riley FBR | Buy | Maintains | $0.00 | |
| Mar 26, 2020 | B. Riley Securities | Alex Rygiel | Buy | Maintains | $9.00 |
| Mar 26, 2020 | B. Riley FBR | Buy | Maintains | $0.00 | |
| Mar 17, 2020 | B. Riley Securities | Alex Rygiel | Buy | Maintains | $11.00 |
| Mar 17, 2020 | B. Riley FBR | Buy | Maintains | $0.00 |
Alta Equipment Group Inc. (ALTG) Competitors
The following stocks are similar to Alta Equipment based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
ALTG
Alta Equipment
mkt cap
207.11M
Alta Equipment Group Inc. (ALTG) Financial Data
Alta Equipment Group Inc. has a market capitalization of $203.13M with a P/E ratio of 49.2x. The company generates $1.86B in trailing twelve-month revenue with a -3.8% profit margin.
Revenue growth is -4.2% quarter-over-quarter, while maintaining an operating margin of +0.2% and return on equity of -73.7%.
Valuation Metrics
Market Cap
$203.13M
Enterprise Value
$1.43B
P/E Ratio
49.2x
PEG Ratio
-8.7x
Price/Sales
0.1x
Growth & Margins
Revenue Growth (YoY)
-4.2%
Gross Margin
+27.2%
Operating Margin
+0.2%
Net Margin
-3.8%
EPS Growth
N/A
Financial Health
Cash/Price Ratio
+5.6%
Current Ratio
1.4x
Debt/Equity
2,213.0x
ROE
-73.7%
ROA
+0.8%
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Alta Equipment Group Inc. (ALTG) Business Model
About Alta Equipment Group Inc.
What They Do
Provides industrial and construction equipment services.
Business Model
The company generates revenue through the sales and rentals of industrial and construction equipment, along with providing parts and service support. Its diverse offerings cater to the needs of customers in various sectors, ensuring a steady income stream from both new equipment sales and ongoing service contracts.
Additional Information
Operating across the United States, Alta Equipment Group benefits from strategically located branches that enhance customer support and service responsiveness. The company plays a vital role in supporting infrastructure development and industrial growth, making it a significant partner for clients reliant on heavy machinery for project execution and maintenance.
Company Information
Sector
Industrials
Industry
Rental & Leasing Services
Employees
2,900
CEO
Mr. Ryan Greenawalt
Country
United States
IPO Year
2019
Website
www.altg.comAlta Equipment Group Inc. (ALTG) Latest News & Analysis
Featured Analysis
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Zacks Investment Research
5 Broker-Favored Stocks to Watch Amid Cooling Inflation
With inflation easing and consumer confidence rebounding, brokers favor stocks like BTSG, ALGT, CVI, ALTG and CBRL.
Jun 13, 2025
By Maharathi Basu
Analyst Blog
Latest News
Quick Summary
Brokers recommend stocks BTSG, ALGT, CVI, ALTG, and CBRL as inflation eases and consumer confidence improves.
Why It Matters
Easing inflation and rising consumer confidence suggest potential growth in consumer-oriented stocks, indicating favorable market conditions for investments in BTSG, ALGT, CVI, ALTG, and CBRL.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
Alta Equipment Group Inc. (NYSE: ALTG) will hold its Q1 2025 earnings conference call on May 7, 2025, at 5:00 PM ET, featuring key executives and analysts.
Why It Matters
Upcoming earnings calls can indicate company performance and future guidance, influencing investor sentiment and stock price movement for Alta Equipment Group Inc.
Source: Seeking Alpha
Market Sentiment:
Neutral
Quick Summary
Alta Equipment Group reported Q1 revenues of $423 million, down $18.6 million year-over-year. Net loss was $21.7 million, with a loss per share of $0.65. Adjusted EBITDA was $33.6 million.
Why It Matters
Revenue decline of $18.6 million signals potential challenges for Alta Equipment Group. The net loss and adjusted EBITDA figures may raise concerns about profitability and future growth prospects.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Quick Summary
Alta Equipment (ALTG) reported a quarterly loss of $0.65 per share, exceeding the consensus estimate of a $0.60 loss, and worsening from a loss of $0.38 per share a year earlier.
Why It Matters
Alta Equipment's larger-than-expected quarterly loss signals potential operational challenges and may lead to decreased investor confidence and stock price volatility.
Source: Zacks Investment Research
Market Sentiment:
Negative
Quick Summary
Alta Equipment Group Inc. (NYSE: ALTG) will pay a quarterly dividend of $0.057 per share on May 30, 2025, to shareholders on record as of May 15, 2025.
Why It Matters
The announcement of a quarterly dividend signals financial stability and profitability, potentially attracting income-focused investors and positively influencing stock demand.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Quick Summary
Alta Equipment Group Inc. (NYSE: ALTG) will report Q1 2025 financial results on May 7, 2025, after market close, followed by a conference call at 5 PM ET. Details will be available on their investor website.
Why It Matters
Upcoming financial results and a management call can significantly influence stock performance, providing insights into company health and future guidance, impacting investor decisions.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Frequently Asked Questions About ALTG Stock
What is Alta Equipment Group Inc.'s (ALTG) stock forecast for 2025?
Based on our analysis of 5 Wall Street analysts, Alta Equipment Group Inc. (ALTG) has a median price target of $7.66. The highest price target is $10.00 and the lowest is $7.00.
Is ALTG stock a good investment in 2025?
According to current analyst ratings, ALTG has 2 Buy ratings, 2 Hold ratings, and 0 Sell ratings. The stock is currently trading at $5.97. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for ALTG stock?
Wall Street analysts predict ALTG stock could reach $7.66 in the next 12 months. This represents a 28.3% increase from the current price of $5.97. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Alta Equipment Group Inc.'s business model?
The company generates revenue through the sales and rentals of industrial and construction equipment, along with providing parts and service support. Its diverse offerings cater to the needs of customers in various sectors, ensuring a steady income stream from both new equipment sales and ongoing service contracts.
What is the highest forecasted price for ALTG Alta Equipment Group Inc.?
The highest price target for ALTG is $10.00 from Bryan Fast at Raymond James, which represents a 67.5% increase from the current price of $5.97.
What is the lowest forecasted price for ALTG Alta Equipment Group Inc.?
The lowest price target for ALTG is $7.00 from Bryan Fast at Raymond James, which represents a 17.3% increase from the current price of $5.97.
What is the overall ALTG consensus from analysts for Alta Equipment Group Inc.?
The overall analyst consensus for ALTG is neutral. Out of 5 Wall Street analysts, 2 rate it as Buy, 2 as Hold, and 0 as Sell, with a median price target of $7.66.
How accurate are ALTG stock price projections?
Stock price projections, including those for Alta Equipment Group Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: June 19, 2025 2:09 AM UTC