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Upturn AI SWOT - About
ALTG 
Alta Equipment Group Inc (ALTG)
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Upturn Advisory Summary
04/01/2025: ALTG (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -63.09% | Avg. Invested days 29 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 150.17M USD | Price to earnings Ratio - | 1Y Target Price 9.28 |
Price to earnings Ratio - | 1Y Target Price 9.28 | ||
Volume (30-day avg) 289675 | Beta 1.8 | 52 Weeks Range 4.35 - 13.24 | Updated Date 04/1/2025 |
52 Weeks Range 4.35 - 13.24 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 4.86% | Basic EPS (TTM) -1.96 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2025-03-12 | When Before Market | Estimate -0.24 | Actual -0.46 |
Profitability
Profit Margin -3.31% | Operating Margin (TTM) 0.48% |
Management Effectiveness
Return on Assets (TTM) 0.76% | Return on Equity (TTM) -54.64% |
Valuation
Trailing PE - | Forward PE 222.22 | Enterprise Value 1339611946 | Price to Sales(TTM) 0.08 |
Enterprise Value 1339611946 | Price to Sales(TTM) 0.08 | ||
Enterprise Value to Revenue 0.71 | Enterprise Value to EBITDA 8.4 | Shares Outstanding 32859700 | Shares Floating 15361905 |
Shares Outstanding 32859700 | Shares Floating 15361905 | ||
Percent Insiders 27.55 | Percent Institutions 70.38 |
Analyst Ratings
Rating 4 | Target Price 12.66 | Buy - | Strong Buy 2 |
Buy - | Strong Buy 2 | ||
Hold 2 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Alta Equipment Group Inc
Company Overview
History and Background
Alta Equipment Group Inc. was founded in 1984 as a single lift truck dealership. It has grown through acquisitions and organic expansion to become a leading provider of industrial and construction equipment and related services.
Core Business Areas
- Material Handling: Sells, rents, and services lift trucks and related material handling equipment. They have products from Yale, Hyster, Utilev, Combilift, Mariotti, Bendi, Drexel, Wiggins, Landoll and Advance
- Construction Equipment: Sells, rents, and services construction equipment such as excavators, loaders, and cranes. Brands include Volvo, Sennebogen, ASV, Avant, Mecalac, Felling Trailers, Terberg Taylor Americas, Link-Belt Cranes, and KCM
- Rental: Offers rental services for both material handling and construction equipment. Brands include Genie, JLG and Skytrak.
Leadership and Structure
Ryan Greenawalt serves as Chief Executive Officer and President. The company has a standard corporate structure with a board of directors and various executive management positions.
Top Products and Market Share
Key Offerings
- Yale Lift Trucks: Offers a wide range of lift trucks, including electric, gas, and diesel models. Competitors include Toyota Material Handling, Hyster-Yale Materials Handling, and KION Group. Market share information is not readily available as it is a segmented market across different lift truck types and geographies. Revenue data for individual product lines is not publicly disclosed.
- Volvo Construction Equipment: Provides construction equipment, including excavators, wheel loaders, and articulated haulers. Competitors include Caterpillar, Komatsu, and Deere & Company. Market share data is fragmented across equipment types and geographies. Revenue from Volvo equipment sold through Alta is not explicitly reported.
- Rental Services: Offers rental services for both material handling and construction equipment. Competitors include United Rentals, Herc Rentals, and Sunbelt Rentals. Revenue data for rentals are included in segment revenues.
Market Dynamics
Industry Overview
The industrial and construction equipment market is influenced by economic conditions, infrastructure spending, and construction activity. The sector is subject to cyclical demand and supply chain disruptions.
Positioning
Alta Equipment Group Inc. is a regional player in the industrial and construction equipment market, focusing on sales, rentals, and service. Its competitive advantages lie in its diverse product portfolio, strong manufacturer relationships, and value-added services.
Total Addressable Market (TAM)
The TAM for the industrial and construction equipment market is estimated to be in the hundreds of billions of dollars globally. Alta is positioned to capture a portion of this market through its regional presence and service offerings.
Upturn SWOT Analysis
Strengths
- Diversified product portfolio
- Strong relationships with major manufacturers
- Comprehensive service capabilities
- Strategic acquisition strategy
- Experienced management team
Weaknesses
- Regional concentration
- Dependence on economic cycles
- Integration risks from acquisitions
- Exposure to supply chain disruptions
Opportunities
- Expansion into new geographic markets
- Increased infrastructure spending
- Growth in e-commerce and digital solutions
- Acquisition of complementary businesses
- Growing rental market
Threats
- Economic downturns
- Increased competition
- Supply chain disruptions
- Fluctuations in commodity prices
- Changes in regulations
Competitors and Market Share
Key Competitors
- URI
- HRI
- CAT
Competitive Landscape
Alta Equipment Group Inc. competes with national players and regional distributors. Its advantages lie in its regional focus, strong customer relationships, and value-added services. Disadvantages include its smaller scale compared to larger competitors.
Major Acquisitions
H&E Equipment Services Inc. Locations
- Year: 2024
- Acquisition Price (USD millions): 291.4
- Strategic Rationale: Expands the company's geographical footprint, service operations and customer base.
Growth Trajectory and Initiatives
Historical Growth: Alta Equipment Group Inc. has grown through organic expansion and acquisitions. Analyze historical revenue and earnings growth rates.
Future Projections: Provide projections for Alta Equipment Group Inc's future growth based on analyst estimates. (Note: Consult analyst reports for specific projections).
Recent Initiatives: Highlight recent strategic initiatives undertaken by Alta Equipment Group Inc., such as acquisitions, expansion into new markets, or introduction of new products/services.
Summary
Alta Equipment Group Inc. is a regional player in the industrial and construction equipment market showing consistent growth through acquisitions and organic expansion. Its diversified product portfolio and strong service capabilities are working well. However, its regional concentration and dependence on economic cycles require vigilance.
Similar Companies
CAT
Caterpillar Inc
CAT
Caterpillar Inc
HRI
Herc Holdings Inc
HRI
Herc Holdings Inc
URI
United Rentals Inc
URI
United Rentals Inc
Sources and Disclaimers
Data Sources:
- Company Filings (10-K, 10-Q)
- Company Website
- Press Releases
- Analyst Reports (Note: consult real reports for actual values)
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market share data is approximate and may vary based on source and methodology. Financial data should be verified with the company's official financial statements.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Alta Equipment Group Inc
Exchange NYSE | Headquaters Livonia, MI, United States | ||
IPO Launch date 2019-04-25 | CEO & Chairman Mr. Ryan Greenawalt | ||
Sector Industrials | Industry Rental & Leasing Services | Full time employees 2900 | Website https://www.altg.com |
Full time employees 2900 | Website https://www.altg.com | ||
Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States and Canada. It operates through three segments: Material Handling, Construction Equipment, and Master Distribution. The company sells, rents, and provides parts and service support for various categories of specialized equipment, including lift trucks and other material handling equipment, heavy and compact earthmoving equipment, crushing and screening equipment, environmental processing equipment, cranes and aerial work platforms, paving and asphalt equipment, and other construction equipment and related products. It also sells used equipment and replacement parts. In addition, the company offers repair and maintenance services for its equipment. In addition, the company designs and builds warehouses; provides automated equipment installation and system integration solutions; and distributes heavy construction and environmental processing equipment. It serves various manufacturing, food and beverage, automotive, municipal/government, education, pharmaceutical and medical, wholesale and retail distribution, construction, agriculture, road building, mining, recycling, and waste management sectors. Alta Equipment Group Inc. was founded in 1984 and is headquartered in Livonia, Michigan.
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