ALTG (Alta Equipment Group Inc.) Stock Analysis - News

Alta Equipment Group Inc. (ALTG) is a publicly traded Industrials sector company. As of May 21, 2026, ALTG trades at $5.50 with a market cap of $211.16M and a P/E ratio of -2.20. ALTG moved -0.27% today. Year to date, ALTG is +1.29%; over the trailing twelve months it is +6.59%. Its 52-week range spans $3.54 to $8.99. Analyst consensus is buy with an average price target of $11.50. Rallies surfaces ALTG's financials, insider trades, hedge fund holdings, congressional trades, analyst ratings, and AI-generated research below.

What changed in ALTG news today?

Alta Equipment Q1 Revenue Slides $12.5M to $410.5M, Rental Sales Surge 44.5%: Alta Equipment’s Q1 revenues declined $12.5 million to $410.5 million (organic down 2.1%), with material handling sales at $150.5 million and rental equipment sales up 44.5% to $30.2 million. The company generated $20.8 million of operating cash flow, lowered interest expense by $2.4 million, and logged a net loss of $20.3 million alongside adjusted EBITDA of $28.1 million.

ALTG Key Metrics

Key financial metrics for ALTG
MetricValue
Price$5.50
Market Cap$211.16M
P/E Ratio-2.20
EPS$-2.53
Dividend Yield0.06%
52-Week High$8.99
52-Week Low$3.54
Volume2.00K
Avg Volume0
Revenue (TTM)$1.82B
Net Income$-78.90M
Gross Margin25.72%

Latest ALTG News

Recent ALTG Insider Trades

  • Mill Road Capital III, L.P. bought 3.80K (~$22.58K) on Mar 13, 2026.
  • Mill Road Capital III, L.P. bought 58.16K (~$354.67K) on Mar 12, 2026.
  • Nair Sidhartha bought 1.00K (~$6.37K) on Mar 11, 2026.

ALTG Analyst Consensus

3 analysts cover ALTG: 0 strong buy, 2 buy, 1 hold, 0 sell, 0 strong sell. Consensus rating is buy. Average price target: $11.50.

Common questions about ALTG

What changed in ALTG news today?
Alta Equipment Q1 Revenue Slides $12.5M to $410.5M, Rental Sales Surge 44.5%: Alta Equipment’s Q1 revenues declined $12.5 million to $410.5 million (organic down 2.1%), with material handling sales at $150.5 million and rental equipment sales up 44.5% to $30.2 million. The company generated $20.8 million of operating cash flow, lowered interest expense by $2.4 million, and logged a net loss of $20.3 million alongside adjusted EBITDA of $28.1 million.
Does Rallies summarize ALTG news?
Yes. Rallies summarizes ALTG news with ticker-specific context, catalysts, source links, and AI-generated market summaries when news is available.
Is ALTG research on Rallies investment advice?
No. Rallies provides research, data, and educational context for ALTG. It does not provide personalized investment advice.
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