ALTG: Alta Equipment Group, Inc.
About
Alta Equipment Group, Inc. engages in the operation of equipment dealership platforms. It operates through the following segments: Material Handling, Construction Equipment, and Corporate. The Material Handling segment includes the sale, service, and rental of lift trucks and other material handling equipment in Michigan, Illinois, Indiana, and New York. The Construction Equipment segment focuses on the selling, servicing, and rental of construction equipment in Michigan, Illinois, and Florida. The Corporate segment retains various unallocated expense items at the general corporate level. The company was founded in 1984 and is headquartered Livonia, MI.
Current Value
$7.091 Year Return
Current Value
$7.091 Year Return
Key Details
Market Cap
$236.78M
P/E Ratio
-4.19
1Y Stock Return
-29.08%
1Y Revenue Growth
6.51%
Dividend Yield
1.84%
Price to Book
2.5
Strategies that include ALTG
Stock's related to ALTG
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| ALNT | 56.70% | $419.62M | -4.92% | 0.36% |
| HGV | 52.15% | $4.02B | +16.70% | 0.00% |
| DNOW | 48.92% | $1.52B | +40.10% | 0.00% |
| MTW | 46.89% | $353.03M | -29.67% | 0.00% |
| RYI | 46.17% | $751.91M | -19.47% | 3.18% |
| EPAM | 45.38% | $12.91B | -11.78% | 0.00% |
| CVGI | 44.85% | $82.11M | -62.87% | 0.00% |
| LYTS | 44.25% | $604.82M | +53.68% | 1.00% |
| MCFT | 43.49% | $344.65M | -0.29% | 0.00% |
| RDUS | 43.07% | $492.65M | -31.07% | 4.30% |
| FROG | 42.59% | $3.34B | +11.67% | 0.00% |
| PLYA | 41.84% | $1.16B | +23.51% | 0.00% |
| ZEUS | 41.82% | $436.06M | -28.26% | 1.47% |
| SRI | 41.72% | $166.13M | -63.46% | 0.00% |
| CNDT | 41.36% | $569.21M | +20.27% | 0.00% |
| FRST | 41.35% | $302.36M | +21.93% | 3.29% |
| BOC | 40.73% | $456.18M | -1.56% | 0.00% |
| LAW | 40.72% | $325.90M | -3.37% | 0.00% |
| CDLX | 40.32% | $178.39M | -54.00% | 0.00% |
| SEDG | 40.29% | $606.45M | -86.74% | 0.00% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| TPST | 0.03% | $37.75M | -77.59% | 0.00% |
| KO | 0.03% | $269.63B | +7.86% | 3.07% |
| CASI | -0.06% | $71.56M | -6.32% | 0.00% |
| NVS | -0.09% | $202.05B | +7.15% | 3.64% |
| TBRG | -0.09% | $244.47M | +52.66% | 0.00% |
| AXGN | -0.09% | $561.11M | +113.93% | 0.00% |
| QNTM | -0.10% | $9.19M | -94.36% | 0.00% |
| MANU | -0.11% | $2.88B | -9.41% | 0.00% |
| PRPO | -0.14% | $9.10M | -13.65% | 0.00% |
| HUYA | -0.14% | $233.16M | +14.40% | 0.00% |
| MCS | 0.24% | $669.85M | +49.35% | 1.28% |
| FCN | 0.28% | $7.10B | -10.74% | 0.00% |
| MDLZ | 0.30% | $85.41B | -10.00% | 2.73% |
| ADBE | -0.34% | $219.93B | -18.23% | 0.00% |
| BNED | 0.34% | $277.22M | -91.94% | 0.00% |
| YETI | 0.44% | $3.22B | -10.71% | 0.00% |
| ICUI | 0.45% | $4.15B | +104.38% | 0.00% |
| VIRT | 0.51% | $3.17B | +110.38% | 2.60% |
| CI | -0.51% | $89.70B | +12.57% | 1.68% |
| MODV | 0.53% | $222.68M | -59.06% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| LLY | -17.05% | $692.74B | +23.14% | 0.71% |
| MNOV | -16.21% | $93.19M | +2.15% | 0.00% |
| CHD | -11.84% | $27.18B | +19.50% | 1.03% |
| NVO | -11.56% | $342.62B | -0.15% | 1.40% |
| KVYO | -11.08% | $9.29B | +24.95% | 0.00% |
| MNR | -10.93% | $1.66B | -10.71% | 15.90% |
| PG | -9.78% | $402.15B | +14.14% | 2.33% |
| AGS | -9.07% | $479.25M | +57.18% | 0.00% |
| EQIX | -8.41% | $89.06B | +17.08% | 1.86% |
| HUSA | -8.18% | $16.69M | -11.56% | 0.00% |
| EW | -6.83% | $41.40B | +4.84% | 0.00% |
| USM | -6.66% | $5.35B | +41.82% | 0.00% |
| CBOE | -6.59% | $21.46B | +15.84% | 1.11% |
| STE | -6.47% | $20.93B | +5.37% | 1.28% |
| WOW | -6.31% | $434.90M | +18.48% | 0.00% |
| CL | -6.25% | $76.48B | +22.25% | 2.12% |
| PGR | -6.11% | $149.10B | +57.29% | 0.45% |
| PULM | -6.09% | $19.83M | +202.98% | 0.00% |
| NVAX | -6.08% | $1.28B | +49.53% | 0.00% |
| DAO | -5.80% | $159.28M | +25.62% | 0.00% |
ETF's related to ALTG
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| IWC | 54.62% | $933.99M | 0.6% |
| FYX | 54.15% | $959.00M | 0.6% |
| EES | 54.10% | $668.71M | 0.38% |
| XSVM | 53.99% | $853.92M | 0.37% |
| GSSC | 53.50% | $529.86M | 0.2% |
| BSVO | 52.68% | $1.53B | 0.47% |
| IWN | 52.62% | $13.17B | 0.24% |
| VTWO | 52.61% | $12.38B | 0.1% |
| CALF | 52.32% | $8.93B | 0.59% |
| IWM | 52.27% | $75.73B | 0.19% |
| NUSC | 52.09% | $1.27B | 0.31% |
| RZV | 51.80% | $258.76M | 0.35% |
| DFAT | 51.75% | $11.16B | 0.28% |
| IJR | 51.72% | $90.05B | 0.06% |
| ESML | 51.66% | $1.90B | 0.17% |
| RWJ | 51.64% | $1.75B | 0.39% |
| SPSM | 51.60% | $12.72B | 0.03% |
| PRFZ | 51.28% | $2.65B | 0.39% |
| AVUV | 51.24% | $15.25B | 0.25% |
| VIOO | 51.23% | $3.12B | 0.1% |
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| FLTR | -0.01% | $1.79B | 0.14% |
| DUSB | -0.01% | $797.63M | 0.15% |
| IBTF | 0.31% | $2.05B | 0.07% |
| BSCO | -0.43% | $2.35B | 0.1% |
| BOXX | -0.43% | $4.43B | 0.1949% |
| THTA | 0.68% | $32.20M | 0.49% |
| SHV | 0.70% | $18.13B | 0.15% |
| VGSH | 1.10% | $19.14B | 0.04% |
| DBA | 1.21% | $755.88M | 0.93% |
| SPTS | 1.25% | $5.71B | 0.03% |
| UTWO | 1.67% | $447.63M | 0.15% |
| PULS | -1.71% | $8.78B | 0.15% |
| VNLA | 1.72% | $2.27B | 0.23% |
| BSCP | 1.79% | $4.05B | 0.1% |
| XHLF | 1.81% | $874.27M | 0.03% |
| IBTG | 2.04% | $1.48B | 0.07% |
| BILZ | 2.05% | $563.02M | 0.14% |
| XONE | 2.09% | $548.88M | 0.03% |
| SHYD | 2.40% | $311.50M | 0.35% |
| EQLS | -2.41% | $76.08M | 1% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| BTAL | -34.25% | $388.04M | 1.43% |
| VIXY | -14.15% | $195.31M | 0.85% |
| IBMM | -13.70% | $391.28M | 0.18% |
| CSHI | -10.68% | $482.85M | 0.38% |
| JUCY | -10.37% | $324.29M | 0.6% |
| WEAT | -9.82% | $120.27M | 0.28% |
| TAIL | -9.67% | $67.98M | 0.59% |
| XBIL | -9.20% | $637.70M | 0.15% |
| UNG | -7.79% | $908.80M | 1.06% |
| MINT | -7.75% | $11.62B | 0.35% |
| FLRN | -6.76% | $2.33B | 0.15% |
| MSOS | -6.65% | $632.80M | 0.83% |
| SGOV | -6.35% | $27.53B | 0.09% |
| DFSD | -6.31% | $3.63B | 0.16% |
| CTA | -6.14% | $350.27M | 0.78% |
| UUP | -5.82% | $309.25M | 0.77% |
| USDU | -5.71% | $201.97M | 0.5% |
| FTSM | -5.55% | $6.08B | 0.45% |
| PPH | -5.50% | $592.06M | 0.36% |
| KMLM | -3.79% | $353.87M | 0.9% |
News
Fintel
Alta Equipment Group (ALTG) Price Target Decreased by 16.49% to 13.12
Yahoo
We came across a bullish thesis on Alta Equipment Group Inc. (ALTG) on Twitter by northeasternsvf. In this article, we will summarize the bulls’ thesis on ALTG. Alta Equipment Group Inc. (ALTG)’s share was trading at $7.97 as of Nov 13th. ALTG’s trailing and forward P/E were 69.50 and 222.22 respectively according to Yahoo Finance. Alta Equipment, […]
Yahoo
The analysts might have been a bit too bullish on Alta Equipment Group Inc. ( NYSE:ALTG ), given that the company fell...
Yahoo
Alta Equipment Group ( NYSE:ALTG ) Third Quarter 2024 Results Key Financial Results Revenue: US$448.8m (down 3.7% from...
Fintel
Northland Capital Markets Downgrades Alta Equipment Group (ALTG)
Yahoo
Alta Equipment Group Inc (ALTG) navigates a challenging market with strategic cost reductions and electrification advancements, despite facing declines in equipment sales.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.