Alta Equipment Net Worth
Alta Equipment Net Worth Breakdown | ALTG |
Alta Equipment Net Worth Analysis
Alta Equipment's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Alta Equipment's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Alta Equipment's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Alta Equipment's net worth analysis. One common approach is to calculate Alta Equipment's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Alta Equipment's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Alta Equipment's net worth. This approach calculates the present value of Alta Equipment's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Alta Equipment's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Alta Equipment's net worth. This involves comparing Alta Equipment's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Alta Equipment's net worth relative to its peers.
Enterprise Value |
|
To determine if Alta Equipment is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Alta Equipment's net worth research are outlined below:
| Alta Equipment Group generated a negative expected return over the last 90 days | |
| Alta Equipment Group has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 1.88 B. Net Loss for the year was (62.1 M) with profit before overhead, payroll, taxes, and interest of 493.7 M. | |
| About 70.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from MacroaxisInsider: Acquisition by Jeff Hoover of 30912 shares of Alta Equipment subject to Rule 16b-3 |
Alta Equipment Quarterly Good Will |
|
Alta Equipment uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Alta Equipment Group. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Alta Equipment's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 14th of March 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Alta Equipment Target Price Consensus
Alta target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Alta Equipment's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 4 | Buy |
Most Alta analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Alta stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Alta Equipment Group, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationAlta Equipment Target Price Projection
Alta Equipment's current and average target prices are 5.10 and 12.66, respectively. The current price of Alta Equipment is the price at which Alta Equipment Group is currently trading. On the other hand, Alta Equipment's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Alta Equipment Market Quote on 22nd of March 2025
Target Price
Analyst Consensus On Alta Equipment Target Price
Know Alta Equipment's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Alta Equipment is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Alta Equipment Group backward and forwards among themselves. Alta Equipment's institutional investor refers to the entity that pools money to purchase Alta Equipment's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | State Street Corp | 2024-12-31 | 496.3 K | Arnhold & S. Bleichroeder Advisers, Llc | 2024-12-31 | 395.9 K | American Century Companies Inc | 2024-12-31 | 285.5 K | Royce & Associates, Lp | 2024-12-31 | 265.3 K | Bank Of New York Mellon Corp | 2024-12-31 | 238.8 K | Northern Trust Corp | 2024-12-31 | 230.4 K | Register Financial Advisors Llc | 2024-12-31 | 223.2 K | Abs Direct Equity Fund Llc | 2024-12-31 | 209.2 K | Foundry Partners, Llc | 2024-12-31 | 205.3 K | Mill Road Capital Management Llc | 2024-12-31 | 4.3 M | Voss Capital Llc | 2024-12-31 | 2.9 M |
Follow Alta Equipment's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 175.14 M.Market Cap |
|
Project Alta Equipment's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.05) | (0.04) | |
| Return On Capital Employed | 0.02 | 0.02 | |
| Return On Assets | (0.04) | (0.04) | |
| Return On Equity | (0.80) | (0.76) |
When accessing Alta Equipment's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Alta Equipment's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Alta Equipment's profitability and make more informed investment decisions.
Evaluate Alta Equipment's management efficiency
The Alta Equipment's current Return On Capital Employed is estimated to increase to 0.02, while Return On Tangible Assets are forecasted to increase to (0.04). At this time, Alta Equipment's Fixed Asset Turnover is most likely to decrease significantly in the upcoming years. Alta Equipment's management efficiency ratios could be used to measure how well Alta Equipment manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 2.34 | 2.22 | |
| Tangible Book Value Per Share | (1.65) | (1.56) | |
| Enterprise Value Over EBITDA | 3.28 | 3.11 | |
| Price Book Value Ratio | 2.80 | 2.94 | |
| Enterprise Value Multiple | 3.28 | 3.11 | |
| Price Fair Value | 2.80 | 2.94 | |
| Enterprise Value | 522.4 M | 844.7 M |
Understanding the operational decisions made by Alta Equipment management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Enterprise Value Revenue 0.7308 | Revenue | Quarterly Revenue Growth (0.04) | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Alta Equipment insiders, such as employees or executives, is commonly permitted as long as it does not rely on Alta Equipment's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Alta Equipment insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Alta Equipment Corporate Filings
F4 | 19th of March 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 5th of March 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 13th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
F3 | 9th of September 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
Alta Equipment Earnings Estimation Breakdown
The calculation of Alta Equipment's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Alta Equipment is estimated to be -0.2 with the future projection ranging from a low of -0.5 to a high of -0.47. Please be aware that this consensus of annual earnings estimates for Alta Equipment Group is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
-0.5 Lowest | Expected EPS | -0.47 Highest |
Alta Equipment Earnings Projection Consensus
Suppose the current estimates of Alta Equipment's value are higher than the current market price of the Alta Equipment stock. In this case, investors may conclude that Alta Equipment is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Alta Equipment's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of March 2025 | Current EPS (TTM) | |
| 4 | 52.17% | -0.46 | -0.2 | -1.96 |
Alta Equipment Earnings per Share Projection vs Actual
Actual Earning per Share of Alta Equipment refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Alta Equipment Group predict the company's earnings will be in the future. The higher the earnings per share of Alta Equipment, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Alta Equipment Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Alta Equipment, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Alta Equipment should always be considered in relation to other companies to make a more educated investment decision.Alta Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Alta Equipment's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2025-03-12 | 2024-12-31 | -0.24 | -0.46 | -0.22 | 91 | ||
2024-11-06 | 2024-09-30 | -0.24 | -0.72 | -0.48 | 200 | ||
2024-08-07 | 2024-06-30 | -0.07 | -0.38 | -0.31 | 442 | ||
2024-05-08 | 2024-03-31 | -0.2 | -0.38 | -0.18 | 90 | ||
2024-03-14 | 2023-12-31 | -0.05 | -0.08 | -0.03 | 60 | ||
2023-11-08 | 2023-09-30 | 0.05 | 0.2 | 0.15 | 300 | ||
2023-08-09 | 2023-06-30 | 0.1 | 0.05 | -0.05 | 50 | ||
2023-05-10 | 2023-03-31 | -0.1 | 0.01 | 0.11 | 110 | ||
2023-03-09 | 2022-12-31 | 0.05 | -0.05 | -0.1 | 200 | ||
2022-11-09 | 2022-09-30 | 0.11 | 0.14 | 0.03 | 27 | ||
2022-08-09 | 2022-06-30 | 0.01 | 0.17 | 0.16 | 1600 | ||
2022-05-10 | 2022-03-31 | -0.08 | -0.06 | 0.02 | 25 | ||
2022-03-31 | 2021-12-31 | 0.04 | -0.05 | -0.09 | 225 | ||
2021-11-11 | 2021-09-30 | 0.03 | -0.02 | -0.05 | 166 | ||
2021-08-12 | 2021-06-30 | -0.06 | -0.48 | -0.42 | 700 | ||
2021-05-13 | 2021-03-31 | -0.15 | -0.19 | -0.04 | 26 | ||
2021-03-18 | 2020-12-31 | -0.07 | -0.09 | -0.02 | 28 | ||
2020-11-12 | 2020-09-30 | -0.01 | 0.01 | 0.02 | 200 | ||
2020-08-13 | 2020-06-30 | -0.09 | -0.14 | -0.05 | 55 | ||
2020-05-14 | 2020-03-31 | -0.41 | -0.14 | 0.27 | 65 | ||
null | null | null | null | null | 0 |
Alta Equipment Corporate Management
| Daniel Shribman | Director | Profile | |
| Andrew Studdert | Independent Director | Profile | |
| Jeff Hoover | Chief Counsel | Profile | |
| Sinem McDonald | Director Reporting | Profile | |
| Craig Brubaker | Chief Officer | Profile |
Already Invested in Alta Equipment Group?
The danger of trading Alta Equipment Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Alta Equipment is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Alta Equipment. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Alta Equipment Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Alta Equipment Group is a strong investment it is important to analyze Alta Equipment's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alta Equipment's future performance. For an informed investment choice regarding Alta Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alta Equipment Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alta Equipment. If investors know Alta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alta Equipment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.454 | Dividend Share 0.228 | Earnings Share (1.96) | Revenue Per Share | Quarterly Revenue Growth (0.04) |
The market value of Alta Equipment Group is measured differently than its book value, which is the value of Alta that is recorded on the company's balance sheet. Investors also form their own opinion of Alta Equipment's value that differs from its market value or its book value, called intrinsic value, which is Alta Equipment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alta Equipment's market value can be influenced by many factors that don't directly affect Alta Equipment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alta Equipment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alta Equipment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alta Equipment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.