Alta Equipment Group Inc. (ALTG-PA) Stock

About Alta Equipment Group Inc.

Alta Equipment Group Inc. functions as a comprehensive equipment dealership enterprise operating across the United States. The company organizes its activities into two core divisions: Material Handling and Construction Equipment. Through its expansive network of branches, Alta facilitates the sale and rental of a diverse range of specialized machinery. This portfolio includes critical items such as forklifts, elevated work platforms, earthmoving vehicles, cranes, and road-paving and asphalt equipment, alongside other industrial and construction apparatus. Beyond equipment provision, Alta offers robust parts sales, technical service, and thorough repair and maintenance solutions for its offerings. Furthermore, the company extends its expertise to warehouse design and construction, and delivers sophisticated solutions for automated equipment installation and system integration. Its broad clientele spans essential sectors like diversified manufacturing, food and beverage, wholesale and retail, construction, automotive, public sector (municipal and government agencies), and healthcare. Established in 1984, Alta Equipment Group Inc. maintains its primary corporate headquarters in Livonia, Michigan.

Alta Equipment Group Inc. is headquartered in US.

Alta Equipment Group Inc. (ALTG-PA) stock trades at $25.65 with a market capitalization of $248.40M. The stock is valued at a price-to-earnings (P/E) ratio of -2.82, price-to-book of -6.58, price-to-sales of 0.13. Over the past 52 weeks the stock has ranged between $24.50 and $26.00, and currently trades 1.3% below its 52-week high. It pays a dividend yielding 9.75%.

On profitability, Alta Equipment Group Inc. generates a return on equity (ROE) of 456.25% — well above the market average, a sign of a high-quality business, return on capital employed of 5.15%, an operating margin of 2.26%, a net profit margin of -4.42%.

Official website: www.altg.com