24-Jul-2026
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Alta Equipment Group Announces First Quarter 2026 Financial Results
Globe Newswire (Thu, 7-May 4:15 PM ET)
Globe Newswire (Thu, 30-Apr 4:15 PM ET)
Alta Equipment Group Inc is an integrated equipment dealership platform in the U.S. Its segments are Material Handling, Construction Equipment, and Master Distribution. The Material Handling segment is engaged in operations related to the sale, service, and rental of lift trucks in Michigan, Illinois, Indiana, New York, Virginia, and throughout the New England states whereas, the Construction Equipment segment is principally engaged in operations related to the sale, service, and rental of construction equipment in Michigan, Indiana, Illinois, Ohio, Pennsylvania, New York, Florida and throughout the New England States, and The Master Distribution segment is engaged in environmental processing equipment distribution with sub dealers throughout the United States and Canada.
Alta Equipment Group Class A trades on the NYSE stock market under the symbol ALTG.
As of July 24, 2026, ALTG stock price climbed to $6.44 with 136,947 million shares trading.
ALTG has a beta of 1.86, meaning it tends to be more sensitive to market movements. ALTG has a correlation of 0.13 to the broad based SPY ETF.
ALTG has a market cap of $209.51 million. This is considered a Small Cap stock.
Last quarter Alta Equipment Group Class A reported $411 million in Revenue and -$.55 earnings per share. This fell short of revenue expectation by $-13 million and missed earnings estimates by -$.06.
In the last 3 years, ALTG traded as high as $17.96 and as low as $3.54.
The top ETF exchange traded funds that ALTG belongs to (by Net Assets): VTI, IWM, VXF, IWN, VTWO.
ALTG has underperformed the market in the last year with a price return of -19.8% while the SPY ETF gained +17.7%. ALTG has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -13.3% and -2.7%, respectively, while the SPY returned +3.8% and -2.1%, respectively.
ALTG support price is $5.95 and resistance is $6.61 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ALTG shares will trade within this expected range on the day.