Alta Equipment Group - ALTG Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $14.67
  • Forecasted Upside: 85.42%
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$7.91
▼ -0.09 (-1.13%)

This chart shows the closing price for ALTG by one month, three months, or twelve months.

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Analyst Price Target for ALTG

Analyst Price Target is $14.67
▲ +85.42% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Alta Equipment Group in the last 3 months. The average price target is $14.67, with a high forecast of $22.00 and a low forecast of $10.00. The average price target represents a 85.42% upside from the last price of $7.91.

This chart shows the closing price for ALTG for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 3 contributing investment analysts is to moderate buy stock in Alta Equipment Group. This rating has held steady since July 2024, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/20/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/18/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/16/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
2/14/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/14/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
8/12/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/11/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
11/10/2024

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
8/13/2024DA DavidsonLower TargetBuy ➝ Buy$20.00 ➝ $12.00
8/9/2024Raymond JamesReiterated RatingOutperform ➝ Market Perform$14.00 ➝ $10.00
8/8/2024Raymond JamesDowngradeModerate Buy ➝ Hold
5/21/2024DA DavidsonLower TargetBuy ➝ Buy$22.00 ➝ $20.00
3/15/2024DA DavidsonReiterated RatingBuy ➝ Buy$22.00
3/15/2024B. RileyReiterated RatingBuy ➝ Buy$25.00 ➝ $22.00
11/14/2023Raymond JamesLower TargetOutperform$22.00 ➝ $19.50
3/10/2023Raymond JamesBoost TargetOutperform$19.00 ➝ $22.00
3/10/2023B. RileyBoost Target$19.00 ➝ $25.00
1/26/2023Raymond JamesBoost TargetOutperform$17.00 ➝ $19.00
11/10/2022Raymond JamesBoost TargetOutperform$15.00 ➝ $17.00
9/23/2022Northland SecuritiesInitiated CoverageOutperform$25.00
8/15/2022DA DavidsonBoost Target$22.00
8/10/2022Raymond JamesBoost TargetOutperform$14.00 ➝ $15.00
5/12/2022Raymond JamesSet TargetOutperform$19.00
5/11/2022B. RileyLower Target$22.00 ➝ $16.00
4/1/2022Raymond JamesSet TargetOutperform$19.00
1/4/2022B. RileyBoost TargetBuy$21.00 ➝ $22.00
12/16/2021Raymond JamesReiterated RatingOutperform$24.00
11/12/2021Raymond JamesBoost TargetOutperform$16.00 ➝ $19.00
11/12/2021B. RileyBoost TargetBuy$19.00 ➝ $21.00
7/1/2021Colliers SecuritiesReiterated RatingBuy
5/14/2021B. RileyBoost TargetBuy$17.00 ➝ $19.00
5/14/2021Raymond JamesUpgradeMarket Perform ➝ Outperform$12.50 ➝ $16.00
3/19/2021Raymond JamesBoost TargetMarket Perform$9.00 ➝ $12.50
3/19/2021B. RileyBoost TargetPositive ➝ Buy$16.00 ➝ $17.00
3/18/2021DA DavidsonInitiated CoveragePositive ➝ Buy$14.00
3/12/2021DA DavidsonInitiated CoverageBuy$14.00
1/7/2021B. RileyBoost TargetBuy$15.00 ➝ $16.00
12/21/2020Raymond JamesSet TargetMarket Perform$9.00
11/13/2020Raymond JamesSet TargetMarket Perform$9.00
10/16/2020Raymond JamesSet TargetMarket Perform$9.00
10/9/2020Raymond JamesInitiated CoverageMarket Perform$9.00
8/14/2020B. RileyReiterated RatingBuy$14.00
6/19/2020B. RileyReiterated RatingBuy$11.00
6/8/2020B. RileyBoost Target$10.00 ➝ $11.00
5/15/2020B. RileyBoost TargetBuy$9.00 ➝ $10.00
4/7/2020Dougherty & CoInitiated CoverageBuy$8.50
3/26/2020B. RileyLower TargetBuy$11.00 ➝ $9.00
3/17/2020B. RileyLower TargetBuy$14.00 ➝ $11.00
3/4/2020B. RileyReiterated RatingBuy$14.00
2/19/2020B. RileyInitiated CoverageBuy$14.00
(Data available from 11/10/2019 forward)

News Sentiment Rating

0.78 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/14/2024
  • 4 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
5/14/2024
  • 5 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/13/2024
  • 3 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/13/2024
  • 7 very positive mentions
  • 10 positive mentions
  • 4 negative mentions
  • 1 very negative mentions
8/12/2024
  • 3 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
9/11/2024
  • 5 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/11/2024
  • 3 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/10/2024

Current Sentiment

  • 3 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Alta Equipment Group logo
Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States. It operates through three segments: Material Handling, Construction Equipment, and Master Distribution. 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 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 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 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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Today's Range

Now: $7.91
Low: $7.82
High: $8.27

50 Day Range

MA: $6.43
Low: $5.76
High: $8.00

52 Week Range

Now: $7.91
Low: $5.40
High: $13.67

Volume

516,357 shs

Average Volume

271,010 shs

Market Capitalization

$261.77 million

P/E Ratio

N/A

Dividend Yield

2.85%

Beta

1.67

Frequently Asked Questions

What sell-side analysts currently cover shares of Alta Equipment Group?

The following Wall Street sell-side analysts have issued reports on Alta Equipment Group in the last twelve months: B. Riley, DA Davidson, and Raymond James.
View the latest analyst ratings for ALTG.

What is the current price target for Alta Equipment Group?

0 Wall Street analysts have set twelve-month price targets for Alta Equipment Group in the last year. Their average twelve-month price target is $14.67, suggesting a possible upside of 85.4%. B. Riley has the highest price target set, predicting ALTG will reach $22.00 in the next twelve months. Raymond James has the lowest price target set, forecasting a price of $10.00 for Alta Equipment Group in the next year.
View the latest price targets for ALTG.

What is the current consensus analyst rating for Alta Equipment Group?

Alta Equipment Group currently has 1 hold rating and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for ALTG.

What other companies compete with Alta Equipment Group?

How do I contact Alta Equipment Group's investor relations team?

Alta Equipment Group's physical mailing address is 13211 MERRIMAN ROAD, LIVONIA MI, 48150. The company's listed phone number is (248) 449-6700 and its investor relations email address is [email protected]. The official website for Alta Equipment Group is www.altaequipment.com. Learn More about contacing Alta Equipment Group investor relations.