ALTG RSI Chart
Last 7 days
-27.9%
Last 30 days
-30.9%
Last 90 days
-21.7%
Trailing 12 Months
-41.5%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 1.9B | 0 | 0 | 0 |
2023 | 1.6B | 1.7B | 1.8B | 1.9B |
2022 | 1.3B | 1.3B | 1.5B | 1.6B |
2021 | 961.9M | 1.1B | 1.1B | 1.2B |
2020 | 635.6M | 691.8M | 762.6M | 873.6M |
2019 | 0 | 0 | 0 | 557.4M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 19, 2024 | colucci anthony | acquired | - | - | 43,966 | chief financial officer |
Mar 19, 2024 | hoover jeffrey alan | acquired | - | - | 7,601 | see remarks |
Mar 19, 2024 | greenawalt ryan | acquired | - | - | 106,415 | ceo, chairman |
Mar 19, 2024 | brubaker craig | acquired | - | - | 10,856 | chief operating officer |
Feb 29, 2024 | colucci anthony | sold | -197,168 | 11.4486 | -17,222 | chief financial officer |
Feb 29, 2024 | greenawalt ryan | sold | -397,008 | 11.359 | -34,951 | ceo, chairman |
Feb 29, 2024 | brubaker craig | sold | -87,182 | 11.7734 | -7,405 | chief operating officer |
Feb 08, 2024 | b. riley financial, inc. | sold | -9,377,000 | 11.00 | -852,455 | - |
Feb 07, 2024 | b. riley financial, inc. | sold | -26,945,900 | 11.00 | -2,449,630 | - |
Feb 07, 2024 | b. riley financial, inc. | sold | -3,384,470 | 11.00 | -307,679 | - |
Which funds bought or sold ALTG recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 10, 2024 | AJOVista, LLC | sold off | -100 | -59,463 | - | -% |
May 10, 2024 | BlackRock Inc. | reduced | -7.26 | -1,088,020 | 36,216,800 | -% |
May 10, 2024 | Y-Intercept (Hong Kong) Ltd | sold off | -100 | -194,914 | - | -% |
May 10, 2024 | CIBC Private Wealth Group, LLC | added | 25.64 | 1,177,130 | 5,478,750 | 0.01% |
May 10, 2024 | PNC Financial Services Group, Inc. | added | 113 | 1,655 | 2,991 | -% |
May 10, 2024 | OSAIC HOLDINGS, INC. | reduced | -52.94 | -5,333 | 5,180 | -% |
May 10, 2024 | DIMENSIONAL FUND ADVISORS LP | reduced | -4.14 | 24,743 | 7,117,720 | -% |
May 10, 2024 | CITIGROUP INC | added | 17.82 | 9,578 | 50,596 | -% |
May 10, 2024 | CREDIT SUISSE AG/ | unchanged | - | 9,745 | 217,586 | -% |
May 10, 2024 | WELLS FARGO & COMPANY/MN | reduced | -98.9 | -7,930,900 | 92,546 | -% |
Unveiling Alta Equipment Group Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Alta Equipment Group Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
ADP | 101.4B | 18.9B | 27.42 | 5.36 | ||||
CTAS | 70.0B | 9.4B | 46.59 | 7.44 | ||||
CPRT | 52.5B | 4.1B | 38.7 | 12.93 | ||||
EFX | 30.3B | 5.4B | 54.23 | 5.65 | ||||
BAH | 19.7B | 10.3B | 48.12 | 1.91 | ||||
ALLE | 11.0B | 3.6B | 20.33 | 3.04 | ||||
MID-CAP | ||||||||
RHI | 7.5B | 6.2B | 21.17 | 1.21 | ||||
AL | 5.4B | 2.7B | 9.33 | 2.01 | ||||
SRCL | 4.3B | 2.6B | -221.11 | 1.63 | ||||
ABM | 2.9B | 8.2B | 11.25 | 0.35 | ||||
SMALL-CAP | ||||||||
AZZ | 1.9B | 2.7B | 18.91 | 0.71 | ||||
ALTG | 283.4M | 1.9B | 31.84 | 0.15 | ||||
ARC | 119.2M | 283.1M | 13.62 | 0.42 | ||||
AQMS | 54.9M | 1.1M | -2.29 | 49.78 | ||||
AWX | 9.1M | 81.0M | -8.25 | 0.11 |
Alta Equipment Group Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q3 | 2022Q2 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 |
Revenue | -15.3% | 441,600 | 521,500 | 466,200 | 468,400 | 420,700 | 428,600 | 405,000 | 405,750 | 406,500 | 369,100 | 331,700 | 356,300 | 295,000 | 292,700 | 268,800 | 280,400 | 220,600 | 192,100 | 180,500 | 169,400 | 149,800 |
Gross Profit | -9.3% | 120,600 | 133,000 | 126,100 | 126,800 | 121,300 | 110,800 | 111,600 | - | 105,800 | - | 91,400 | 89,100 | 81,100 | 76,900 | 67,300 | 64,400 | 56,700 | 46,300 | 47,100 | 41,800 | 44,200 |
Operating Expenses | 0.6% | 121,500 | 120,800 | 112,200 | 110,600 | 109,200 | 101,300 | 97,900 | - | 92,800 | - | 86,800 | 80,800 | 75,100 | 73,700 | 66,800 | 64,900 | 60,200 | 45,400 | 52,100 | 43,000 | 38,000 |
S&GA Expenses | -100.0% | - | 114,300 | 106,800 | 105,200 | 104,000 | 96,400 | 94,200 | - | 88,800 | - | 82,900 | 77,600 | 72,400 | 71,100 | 64,800 | 62,800 | 58,400 | 43,700 | 51,100 | 42,000 | 37,500 |
EBITDA Margin | -145.4% | 0.00* | 0.01* | 0.02* | 0.02* | 0.02* | 0.02* | 0.02* | 0.02* | 0.02* | 0.00* | 0.00* | 0.00* | -0.01* | -0.02* | - | - | - | - | - | - | - |
Interest Expenses | 7.7% | 2,800 | 2,600 | 2,400 | 1,900 | 1,500 | 1,100 | 800 | - | 500 | - | 300 | 300 | 400 | 500 | 500 | 650 | 500 | 300 | 700 | 18,100 | 900 |
Income Taxes | -940.0% | -4,200 | 500 | -7,300 | 300 | 100 | 500 | 300 | - | 500 | - | - | 3,100 | - | - | 500 | -3,200 | -1,900 | -400 | -1,100 | - | - |
Earnings Before Taxes | -1050.0% | -16,100 | -1,400 | 100 | 2,700 | 1,100 | -200 | 5,400 | - | 6,600 | - | -1,200 | 2,600 | 100 | -14,700 | -5,200 | -6,400 | -1,600 | -4,500 | -18,100 | -5,800 | -27,400 |
EBT Margin | -681.5% | -0.01* | 0.00* | 0.00* | 0.01* | 0.01* | 0.01* | 0.01* | 0.01* | 0.01* | -0.01* | -0.01* | -0.01* | -0.02* | -0.03* | - | - | - | - | - | - | - |
Net Income | -Infinity% | -11,900 | - | 7,400 | 2,400 | 1,000 | - | 5,100 | - | 6,100 | - | -1,200 | -500 | 100 | -14,700 | -5,700 | -3,200 | 300 | -4,100 | -17,000 | -5,800 | -27,400 |
Net Income Margin | -1.1% | 0.00* | 0.00* | 0.01* | 0.01* | 0.01* | 0.01* | 0.01* | 0.00* | 0.00* | -0.01* | -0.01* | -0.02* | -0.02* | -0.02* | - | - | - | - | - | - | - |
Free Cashflow | -120.5% | -16,300 | 79,400 | 11,900 | -16,700 | -23,200 | 1,800 | 12,200 | 7,700 | 7,700 | -8,500 | -8,500 | 23,500 | -7,800 | 7,800 | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -0.5% | 1,563 | 1,571 | 1,480 | 1,480 | 1,377 | 1,291 | 1,143 | 1,071 | 1,031 | 983 | 787 | 783 | 745 | 746 | 700 | 664 | 675 | 454 | 147 | 146 | - |
Current Assets | -1.9% | 822 | 838 | 784 | 760 | 730 | 663 | 582 | 539 | 505 | 449 | 396 | 403 | 381 | 382 | 357 | 343 | 379 | 244 | 1.00 | 1.00 | 0.00 |
Cash Equivalents | -81.9% | 6.00 | 31.00 | 1.00 | 2.00 | 2.00 | 3.00 | 2.00 | 1.00 | 2.00 | 2.00 | 1.00 | 2.00 | 1.00 | 1.00 | 0.00 | 6.00 | 36.00 | 4.00 | 1.00 | 1.00 | 0.00 |
Inventory | 4.3% | 554 | 531 | 493 | 498 | 469 | 400 | 339 | 297 | 291 | 239 | 205 | 225 | 223 | 229 | 221 | 207 | 209 | 137 | - | - | - |
Net PPE | 2.6% | 477 | 465 | 448 | 426 | 399 | 378 | 367 | 347 | 337 | 345 | 338 | 327 | 311 | 312 | 294 | 280 | 261 | 197 | - | - | - |
Goodwill | -0.9% | 76.00 | 77.00 | 71.00 | 70.00 | 71.00 | 69.00 | 54.00 | 44.00 | 44.00 | 42.00 | 0.00 | 24.00 | 21.00 | 24.00 | 23.00 | 3.00 | 30.00 | - | - | - | - |
Liabilities | 0.4% | 1,426 | 1,421 | 1,333 | 1,289 | 1,239 | 1,151 | 1,002 | 932 | 898 | 848 | 652 | 647 | 594 | 589 | 585 | 550 | 546 | 477 | 318 | 159 | 0.00 |
Current Liabilities | -0.6% | 631 | 635 | 570 | 541 | 526 | 471 | 415 | 507 | 471 | 322 | 325 | 320 | 440 | 434 | 411 | 375 | 383 | 343 | - | - | - |
Long Term Debt | 0.1% | 313 | 312 | 312 | 312 | 311 | 311 | 311 | 310 | 310 | 310 | 310 | 309 | 134 | 135 | 136 | 138 | 134 | 87.00 | - | - | - |
LT Debt, Current | 10.4% | 9.00 | 8.00 | 7.00 | 6.00 | 5.00 | 4.00 | 4.00 | 3.00 | 3.00 | 3.00 | 1.00 | - | 8.00 | 9.00 | 8.00 | 8.00 | 8.00 | 7.00 | - | - | - |
LT Debt, Non Current | -100.0% | - | 312 | 312 | 312 | 311 | 311 | 311 | 310 | 310 | 310 | 310 | 309 | 134 | 135 | 136 | 138 | 134 | 87.00 | - | - | - |
Shareholder's Equity | -8.6% | 137 | 150 | 148 | 141 | 138 | 140 | 141 | 139 | 133 | 135 | 136 | 136 | 152 | 157 | 115 | 114 | 129 | 5.00 | 5.00 | 10.00 | 10.00 |
Retained Earnings | -19.1% | -91.00 | -76.40 | -71.80 | -76.50 | -76.40 | -74.20 | -70.80 | -73.40 | -78.80 | -76.80 | -75.30 | -74.80 | -59.10 | -53.40 | -63.00 | -63.30 | -47.10 | -23.20 | 1.00 | 1.00 | -0.01 |
Additional Paid-In Capital | 0.9% | 236 | 234 | 227 | 225 | 224 | 223 | 219 | 219 | 218 | 217 | 217 | 217 | 217 | 216 | 184 | 180 | 179 | 76.00 | 4.00 | 4.00 | - |
Shares Outstanding | 1.3% | 33.00 | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | 326 | - | - | - | 179 | - | - | - | 265 | - | - | - | 128 | - | - | - | 140 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -114.3% | -11,900 | 83,200 | 14,400 | -13,700 | -20,100 | 7,700 | 14,900 | 10,100 | -6,700 | 24,600 | -4,100 | 9,600 | 600 | 9,800 | 9,300 | 3,000 | -57,100 | -1,500 | 3,700 | -11,100 | 3,400 |
Share Based Compensation | 30.0% | 1,300 | 1,000 | 1,400 | 1,100 | 800 | 800 | 800 | 800 | 300 | 300 | 400 | 200 | 300 | 400 | 3,200 | - | 3,100 | - | - | - | - |
Cashflow From Investing | 70.9% | -18,100 | -62,200 | -20,000 | -21,700 | -18,900 | -76,900 | -48,300 | -18,800 | -18,600 | -71,500 | -13,100 | -19,000 | -9,800 | -61,600 | -42,900 | -5,100 | -118,300 | -2,200 | -4,700 | -74,000 | -6,900 |
Cashflow From Financing | -49.5% | 4,600 | 9,100 | 4,100 | 36,200 | 37,900 | 69,600 | 35,100 | 7,600 | 24,600 | 48,000 | 16,600 | 10,600 | 8,600 | 52,900 | 27,300 | -27,900 | 211,800 | 1,600 | 3,100 | 84,500 | 2,600 |
Dividend Payments | -100.0% | - | 800 | 700 | 700 | 800 | 800 | 700 | 700 | 800 | - | - | - | - | - | - | - | - | - | - | - | - |
Buy Backs | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,000 | - | 2,900 | - | - | - | - |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) $ in Millions | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Revenues: | ||
Total revenues | $ 441.6 | $ 420.7 |
Cost of revenues: | ||
Total cost of revenues | 321.0 | 299.4 |
Gross profit | 120.6 | 121.3 |
General and administrative expenses | 114.6 | 104.0 |
Non-rental depreciation and amortization | 6.9 | 5.2 |
Total operating expenses | 121.5 | 109.2 |
(Loss) income from operations | (0.9) | 12.1 |
Other (expense) income | ||
Interest expense, floor plan payable – new equipment | (2.8) | (1.5) |
Interest expense – other | (13.3) | (10.5) |
Other income | 0.9 | 1.0 |
Total other expense, net | (15.2) | (11.0) |
(Loss) income before taxes | (16.1) | 1.1 |
Income tax (benefit) provision | (4.2) | 0.1 |
Net (loss) income | (11.9) | 1.0 |
Preferred stock dividends | (0.8) | (0.8) |
Net (loss) income available to common stockholders | $ (12.7) | $ 0.2 |
Basic (loss) income per share | $ (0.38) | $ 0.01 |
Diluted (loss) income per share | $ (0.38) | $ 0.01 |
Basic weighted average common shares outstanding | 33,108,695 | 32,223,221 |
Diluted weighted average common shares outstanding | 33,108,695 | 32,430,715 |
New and Used Equipment Sales | ||
Revenues: | ||
Total revenues | $ 228.6 | $ 219.6 |
Cost of revenues: | ||
Total cost of revenues | 192.4 | 179.0 |
Parts Sales | ||
Revenues: | ||
Total revenues | 72.9 | 68.4 |
Cost of revenues: | ||
Total cost of revenues | 48.3 | 45.4 |
Service Revenues | ||
Revenues: | ||
Total revenues | 64.0 | 60.2 |
Cost of revenues: | ||
Total cost of revenues | 27.0 | 25.1 |
Rental Revenues | ||
Revenues: | ||
Total revenues | 48.5 | 43.5 |
Cost of revenues: | ||
Total cost of revenues | 6.7 | 6.1 |
Rental Equipment Sales | ||
Revenues: | ||
Total revenues | 27.6 | 29.0 |
Cost of revenues: | ||
Total cost of revenues | 19.5 | 20.9 |
Rental Depreciation | ||
Cost of revenues: | ||
Total cost of revenues | $ 27.1 | $ 22.9 |
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
ASSETS | ||
Cash | $ 5.6 | $ 31.0 |
Accounts receivable, net of allowances of $13.3 and $12.4 as of March 31, 2024 and December 31, 2023, respectively | 239.4 | 249.3 |
Inventories, net | 553.7 | 530.7 |
Prepaid expenses and other current assets | 23.6 | 27.0 |
Total current assets | 822.3 | 838.0 |
NON-CURRENT ASSETS | ||
Property and equipment, net | 477.0 | 464.8 |
Operating lease right-of-use assets, net | 110.1 | 110.9 |
Goodwill | 76.0 | 76.7 |
Other intangible assets, net | 63.9 | 66.3 |
Other assets | 14.0 | 14.2 |
TOTAL ASSETS | 1,563.3 | 1,570.9 |
LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
Current portion of long-term debt | 8.5 | 7.7 |
Accounts payable | 98.6 | 97.0 |
Customer deposits | 16.2 | 17.4 |
Accrued expenses | 52.0 | 59.7 |
Current operating lease liabilities | 15.6 | 15.9 |
Current deferred revenue | 14.3 | 16.2 |
Other current liabilities | 26.7 | 23.9 |
Total current liabilities | 631.1 | 635.1 |
NON-CURRENT LIABILITIES | ||
Lines of credit, net | 328.6 | 315.9 |
Long-term debt, net of current portion | 312.6 | 312.3 |
Finance lease obligations, net of current portion | 33.2 | 31.1 |
Deferred revenue, net of current portion | 4.0 | 4.2 |
Long-term operating lease liabilities, net of current portion | 99.3 | 99.6 |
Deferred tax liabilities | 7.6 | 7.7 |
Other liabilities | 10.0 | 15.3 |
TOTAL LIABILITIES | 1,426.4 | 1,421.2 |
CONTINGENCIES - NOTE 11 | ||
STOCKHOLDERS’ EQUITY | ||
Preferred stock, $0.0001 par value per share, 1,000,000 shares authorized, 1,200 shares issued and outstanding at both March 31, 2024 and December 31, 2023 (1,200,000 Depositary Shares representing a 1/1000th fractional interest in a share of 10% Series A Cumulative Perpetual Preferred Stock) | ||
Common stock, $0.0001 par value per share, 200,000,000 shares authorized; 32,805,359 and 32,369,820 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively | ||
Additional paid-in capital | 236.0 | 233.8 |
Treasury stock at cost, 862,182 shares of common stock held at both March 31, 2024 and December 31, 2023 | (5.9) | (5.9) |
Accumulated deficit | (91.0) | (76.4) |
Accumulated other comprehensive loss | (2.2) | (1.8) |
TOTAL STOCKHOLDERS’ EQUITY | 136.9 | 149.7 |
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | 1,563.3 | 1,570.9 |
New Equipment | ||
LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
Floor plan payable | 300.8 | 297.8 |
Used and Rental Equipment | ||
LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
Floor plan payable | $ 98.4 | $ 99.5 |