ALTG-PA Stock: Alta Equipment Group Inc. Stock Price, Analysis & Insights
Get live altg-pa stock price $25.23, comprehensive Alta Equipment Group Inc. stock analysis, charts, news, and expert forecast. Real-time altg-pa stock data and investment insights.
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Company Overview
Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States. It operates in two segments, Material Handling and Construction Equipment. The company operates a branch network that sells, rents, and provides parts and service support for various categories of specialized equipment, including lift trucks and aerial work platforms, earthmoving equipment, cranes, paving and asphalt equipment, and other material handling and construction equipment. It also offers repair and maintenance services for its equipment. In addition, the company designs and builds warehouses; and provides automated equipment installation and system integration solutions. It serves diversified manufacturing, food and beverage, wholesale/retail, construction, automotive, municipal/government, and medical sectors. Alta Equipment Group Inc. was founded in 1984 and is headquartered in Livonia, Michigan.
Company Information
- CEO
- Ryan Greenawalt
- Sector
- Industrials
- Industry
- Rental & Leasing Services
- Employees
- 2900
Contact Information
- Address
- 13211 Merriman Road
- Country
- US
Investment Analysis & Business Insights
Investment Highlights
✓ Strong presence in the Industrials sector with established market position
✓ Higher growth potential with elevated volatility (Beta: 1.55)
Business Model & Strategy
Alta Equipment Group Inc. operates in the Rental & Leasing Services industry, focusing on industrial manufacturing, equipment production, and business services. Under the leadership of CEO Ryan Greenawalt, the company navigates Industrials sector dynamics while pursuing growth opportunities. The Rental & Leasing Services model requires capital efficiency, operational excellence, and customer relationships to maintain competitiveness and drive shareholder value.
Market Position & Competitive Landscape
Alta Equipment Group Inc. competes in the Rental & Leasing Services within the broader Industrials. With 808.6 million in market capitalization, the company is positioned as a emerging competitor in its sector. The Industrials is characterized by economic growth correlation, infrastructure investment, and automation trends. As a publicly traded company on the New York Stock Exchange, Alta Equipment Group Inc. provides investors with liquidity and transparency while subject to regulatory oversight. Investors evaluating Alta Equipment Group Inc. should consider industry-specific trends, competitive positioning, and Industrials sector fundamentals.
Important Investment Considerations
- ⚠All investments carry risk, including potential loss of principal for Alta Equipment Group Inc. shareholders
- ⚠Market volatility can significantly impact stock price, especially for smaller companies
- ⚠Sector-specific risks in Industrials may affect company performance
- ⚠Past performance does not guarantee future results for Alta Equipment Group Inc.
- ⚠Investors should consider how Alta Equipment Group Inc. fits within their overall portfolio allocation
- ⚠Valuation metrics suggest potential, but require fundamental analysis
Market Cap
808.57M
P/E Ratio
-41.36
Beta
1.55
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Industrials leader with 808.57M market capitalization
- Trading Volume: 101 shares traded today
- Price Range: 52-week range of $23.05 - $26.15
- Exchange: Listed on New York Stock Exchange
Financial Metrics
Market Analysis for Alta Equipment Group Inc.
Alta Equipment Group Inc. (ALTG-PA) operates in the Rental & Leasing Services industry within the Industrials sector. With a current market capitalization of 808.57M, the company represents a significant player in its market. The stock is currently trading at $25.23 with a positivedaily change of 0.19%.
The company's 2900 employee base and presence on the New York Stock Exchangeexchange position it as a Industrials sector leader. Investors should consider the stock's P/E ratio of -41.36, beta of 1.55, and 52-week price range from $23.05 to $26.15when evaluating investment opportunities.
Why Invest in Alta Equipment Group Inc.?
Strengths
- • Established market presence in Industrials
- • Strong financial metrics and market position
- • Listed on major exchange (New York Stock Exchange)
- • Experienced leadership under Ryan Greenawalt
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
Related Industrials Stocks
About Industrials Sector
The Industrials sector includes companies that manufacture machinery, provide transportation services, and offer industrial products and services.
