During the last session, Alta Equipment Group Inc (NYSE:ALTG)’s traded shares were 0.4 million, with the beta value of the company hitting 1.52. At the end of the trading day, the stock’s price was $4.80, reflecting an intraday loss of -4.95% or -$0.25. The 52-week high for the ALTG share is $13.67, that puts it down -184.79 from that peak though still a striking 3.12% gain since the share price plummeted to a 52-week low of $4.65. The company’s market capitalization is $157.73M, and the average trade volume was 179.80K shares over the past three months.

Alta Equipment Group Inc (NYSE:ALTG) trade information

Alta Equipment Group Inc (ALTG) registered a -4.95% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -4.95% in intraday trading to $4.80, hitting a weekly high. The stock’s 5-day price performance is -12.41%, and it has moved by -34.87% in 30 days. Based on these gigs, the overall price performance for the year is -55.72%.

The consensus price target of analysts on Wall Street is $9, which implies an increase of 46.67% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $9 and $9 respectively. As a result, ALTG is trading at a discount of -87.5% off the target high and -87.5% off the low.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 16.55%. While earnings are projected to return 17.57% in 2025.

ALTG Dividends

Alta Equipment Group Inc is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Alta Equipment Group Inc is 0.23, with the dividend yield indicating at 4.75 percent, continuing the trend of increasing dividends in recent years.

The next largest institutional holding, with 2.98 million shares, is of VOSS CAPITAL, LLC’s that is approximately 8.9802% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $24.0 million.

Also, the Mutual Funds coming in first place with the largest holdings of Alta Equipment Group Inc (ALTG) shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 816.01 shares. This amounts to just over 2.45 percent of the company’s overall shares, with a $3.92 million market value. The same data shows that the other fund manager holds slightly less at 743.35, or about 2.24% of the stock, which is worth about $3.57 million.