Alta Equipment Group Statistics
Share Statistics
Alta Equipment Group has 33.26M shares outstanding. The number of shares has increased by 2.24% in one year.
| Shares Outstanding | 33.26M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | -0.16% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 20.28M |
| Failed to Deliver (FTD) Shares | 44.09K |
| FTD / Avg. Volume | 15.27% |
Short Selling Information
The latest short interest is 2.78M, so 8.36% of the outstanding shares have been sold short.
| Short Interest | 2.78M |
| Short % of Shares Out | 8.36% |
| Short % of Float | 13.75% |
| Short Ratio (days to cover) | 12.54 |
Valuation Ratios
The PE ratio is 45.1 and the forward PE ratio is -11.41.
| PE Ratio | 45.1 |
| Forward PE | -11.41 |
| PS Ratio | 0.21 |
| Forward PS | 0.1 |
| PB Ratio | 2.68 |
| P/FCF Ratio | -37.16 |
| PEG Ratio | n/a |
Enterprise Valuation
Alta Equipment Group Inc. has an Enterprise Value (EV) of 1.55B.
| EV / Earnings | 174.46 |
| EV / Sales | 0.83 |
| EV / EBITDA | 8.08 |
| EV / EBIT | 28.54 |
| EV / FCF | -143.77 |
Financial Position
The company has a current ratio of 1.32, with a Debt / Equity ratio of 6.86.
| Current Ratio | 1.32 |
| Quick Ratio | 0.48 |
| Debt / Equity | 6.86 |
| Total Debt / Capitalization | 87.28 |
| Cash Flow / Debt | 0.06 |
| Interest Coverage | 0.95 |
Financial Efficiency
Return on equity (ROE) is 0.06% and return on capital (ROIC) is 14.54%.
| Return on Equity (ROE) | 0.06% |
| Return on Assets (ROA) | 0.01% |
| Return on Capital (ROIC) | 14.54% |
| Revenue Per Employee | 625.60K |
| Profits Per Employee | 2.97K |
| Employee Count | 3.00K |
| Asset Turnover | 1.19 |
| Inventory Turnover | 2.58 |
Taxes
| Income Tax | -6.40M |
| Effective Tax Rate | -2.56 |
Stock Price Statistics
The stock price has increased by -39.42% in the last 52 weeks. The beta is 1.67, so Alta Equipment Group 's price volatility has been higher than the market average.
| Beta | 1.67 |
| 52-Week Price Change | -39.42% |
| 50-Day Moving Average | 7.02 |
| 200-Day Moving Average | 8.69 |
| Relative Strength Index (RSI) | 48.28 |
| Average Volume (20 Days) | 288.85K |
Income Statement
In the last 12 months, Alta Equipment Group had revenue of $1.88B and earned $8.90M in profits. Earnings per share was $0.18.
| Revenue | 1.88B |
| Gross Profit | 507.20M |
| Operating Income | 54.40M |
| Net Income | 8.90M |
| EBITDA | 192.10M |
| EBIT | 54.40M |
| Earnings Per Share (EPS) | 0.18 |
Balance Sheet
The company has $31.00M in cash and $1.18B in debt, giving a net cash position of -$1.15B.
| Cash & Cash Equivalents | 31.00M |
| Total Debt | 1.18B |
| Net Cash | -1.15B |
| Retained Earnings | -76.40M |
| Total Assets | 1.55B |
| Working Capital | 214.10M |
Cash Flow
In the last 12 months, operating cash flow was $63.80M and capital expenditures -$74.60M, giving a free cash flow of -$10.80M.
| Operating Cash Flow | 63.80M |
| Capital Expenditures | -74.60M |
| Free Cash Flow | -10.80M |
| FCF Per Share | -0.33 |
Margins
Gross margin is 27.02%, with operating and profit margins of 2.9% and 0.47%.
| Gross Margin | 27.02% |
| Operating Margin | 2.9% |
| Pretax Margin | 0.13% |
| Profit Margin | 0.47% |
| EBITDA Margin | 10.24% |
| EBIT Margin | 2.9% |
| FCF Margin | -0.58% |
Dividends & Yields
ALTG pays an annual dividend of $0.23, which amounts to a dividend yield of 3.08%.
| Dividend Per Share | $0.23 |
| Dividend Yield | 3.08% |
| Dividend Growth (YoY) | 0.88% |
| Payout Ratio | -13.45% |
| Earnings Yield | 2.45% |
| FCF Yield | -4.42% |
Analyst Forecast
The average price target for ALTG is $16, which is 117.4% higher than the current price. The consensus rating is "Hold".
| Price Target | $16 |
| Price Target Difference | 117.4% |
| Analyst Consensus | Hold |
| Analyst Count | 4 |
Scores
| Altman Z-Score | 1.43 |
| Piotroski F-Score | 3 |