Alta Equipment Group Inc. (ALTG)
Alta Equipment Statistics
Share Statistics
Alta Equipment has 32.86M shares outstanding. The number of shares has increased by 1.37% in one year.
| Shares Outstanding | 32.86M |
| Shares Change (YoY) | 1.37% |
| Shares Change (QoQ) | 0.49% |
| Owned by Institutions (%) | 67.91% |
| Shares Floating | 19.85M |
| Failed to Deliver (FTD) Shares | 228 |
| FTD / Avg. Volume | 0.11% |
Short Selling Information
The latest short interest is 2.23M, so 6.7% of the outstanding shares have been sold short.
| Short Interest | 2.23M |
| Short % of Shares Out | 6.7% |
| Short % of Float | 11.03% |
| Short Ratio (days to cover) | 11.82 |
Valuation Ratios
The PE ratio is -3.49 and the forward PE ratio is -28.96. Alta Equipment's PEG ratio is 0.
| PE Ratio | -3.49 |
| Forward PE | -28.96 |
| PS Ratio | 0.12 |
| Forward PS | 0.1 |
| PB Ratio | 2.8 |
| P/FCF Ratio | 3.81 |
| PEG Ratio | 0 |
Enterprise Valuation
Alta Equipment Group Inc. has an Enterprise Value (EV) of 1.55B.
| EV / Earnings | -25 |
| EV / Sales | 0.83 |
| EV / EBITDA | 9.73 |
| EV / EBIT | 83.48 |
| EV / FCF | 27.24 |
Financial Position
The company has a current ratio of 1.34, with a Debt / Equity ratio of 4.11.
| Current Ratio | 1.34 |
| Quick Ratio | 0.41 |
| Debt / Equity | 4.11 |
| Total Debt / Capitalization | 80.42 |
| Cash Flow / Debt | 0.18 |
| Interest Coverage | 0.23 |
Financial Efficiency
Return on equity (ROE) is -0.8% and return on capital (ROIC) is 4.39%.
| Return on Equity (ROE) | -0.8% |
| Return on Assets (ROA) | -0.04% |
| Return on Capital (ROIC) | 4.39% |
| Revenue Per Employee | $647,103.45 |
| Profits Per Employee | $-21,413.79 |
| Employee Count | 2,900 |
| Asset Turnover | 1.27 |
| Inventory Turnover | 2.58 |
Taxes
| Income Tax | -4.2M |
| Effective Tax Rate | 0.06 |
Stock Price Statistics
The stock price has increased by -64.56% in the last 52 weeks. The beta is 1.8, so Alta Equipment's price volatility has been higher than the market average.
| Beta | 1.8 |
| 52-Week Price Change | -64.56% |
| 50-Day Moving Average | 6.19 |
| 200-Day Moving Average | 7.09 |
| Relative Strength Index (RSI) | 35.57 |
| Average Volume (20 Days) | 204.41K |
Income Statement
In the last 12 months, Alta Equipment had revenue of 1.88B and earned -62.1M in profits. Earnings per share was -1.87.
| Revenue | 1.88B |
| Gross Profit | 493.7M |
| Operating Income | 18.6M |
| Net Income | -62.1M |
| EBITDA | 159.5M |
| EBIT | 18.6M |
| Earnings Per Share (EPS) | -1.87 |
Balance Sheet
The company has 13.4M in cash and 318.8M in debt, giving a net cash position of -305.4M.
| Cash & Cash Equivalents | 13.4M |
| Total Debt | 318.8M |
| Net Cash | -305.4M |
| Retained Earnings | -149.3M |
| Total Assets | 1.48B |
| Working Capital | 197.3M |
Cash Flow
In the last 12 months, operating cash flow was 57M and capital expenditures 0, giving a free cash flow of 57M.
| Operating Cash Flow | 57M |
| Capital Expenditures | 0 |
| Free Cash Flow | 57M |
| FCF Per Share | 1.72 |
Margins
Gross margin is 26.31%, with operating and profit margins of 0.99% and -3.31%.
| Gross Margin | 26.31% |
| Operating Margin | 0.99% |
| Pretax Margin | -3.53% |
| Profit Margin | -3.31% |
| EBITDA Margin | 8.5% |
| EBIT Margin | 0.99% |
| FCF Margin | 3.04% |
Dividends & Yields
ALTG pays an annual dividend of $0.23, which amounts to a dividend yield of 3.09%.
| Dividend Per Share | $0.23 |
| Dividend Yield | 3.09% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | -11.63% |
| Earnings Yield | -40.74% |
| FCF Yield | 37.75% |
Analyst Forecast
The average price target for ALTG is $12, which is 161.4% higher than the current price. The consensus rating is "Hold".
| Price Target | $12 |
| Price Target Difference | 161.4% |
| Analyst Consensus | Hold |
| Analyst Count | 3 |
Scores
| Altman Z-Score | 1.4 |
| Piotroski F-Score | 4 |