ALTG
Alta Equipment Group Inc.
WHOLESALE-INDUSTRIAL MACHINERY & EQUIPMENT
Alta Equipment Group (ALTG) Stock: Buy, Sell, or Hold?
$5.66
+0.17 (+3.10%)
▲
5d:
-2.08%
30d:
-7.06%
90d:
-21.93%
QUANTITATIVE VERDICT
WAIT
LOW Confidence (89%)
Quality Score
44/100
Position
OVERSOLD
30-Day Fair Range
$5.78 – $7.00
Position: OVERSOLD
Forward P/E & Valuation
-13.1x
CHEAP
vs 15.2x historical avg
Wall Street Target
$9.62
+70.0% upside
Options IV & Volume
HIGH Vol
HIGH volume confirmation
Support / Resistance
$4.89 / $7.77
Trend: Downtrend
Executive Thesis & Bottom Line
Forward Earnings Fair Value & Price Prediction →
📊 MIXED SIGNALS: ALTG shows conflicting indicators. Wait for confirmation before entering.
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Interactive Price Chart (1 Month)
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In-depth Analysis How we analyze
Valuation Analysis: ALTG is currently trading at $5.66, which is considered oversold relative to its 30-day fair value range of $5.78 to $7.00. From a valuation perspective, the stock is trading at a discount (Forward PE: -13.1) compared to its historical average (15.2). At these levels, the market is pricing in 0% annual earnings growth. This growth rate appears achievable given the company's track record, suggesting the valuation is rational.
Technical Outlook: Technically, ALTG is in a downtrend. Immediate support is located at $4.89, while resistance sits at $7.77. The stock is showing strong short-term momentum, up 3.1% recently.
Market Sentiment: The stock scores a mixed 40/100 on our bottoming-setup gauge, with only partial signs of a stabilized entry point. Wall Street analysts see significant upside, with an average price target of $9.62 (+70.0%). Current signals suggest waiting for a better entry point before initiating new positions.
Technical Outlook: Technically, ALTG is in a downtrend. Immediate support is located at $4.89, while resistance sits at $7.77. The stock is showing strong short-term momentum, up 3.1% recently.
Market Sentiment: The stock scores a mixed 40/100 on our bottoming-setup gauge, with only partial signs of a stabilized entry point. Wall Street analysts see significant upside, with an average price target of $9.62 (+70.0%). Current signals suggest waiting for a better entry point before initiating new positions.
Quick Decision Summary
Current Position
OVERSOLD
Historical Trading Range
$5.78 -
$7.00
Company Quality Score
44/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
89.0%
Trading Range & Key Levels
30-Day Trading Range
$5.78 -
$7.00
Current vs Trading Range
OVERSOLD
Support Level
$4.89
Resistance Level
$7.77
Current Trend
Downtrend
Technical data as of
Nov 12, 2026
Quantitative Signal Breakdown
- BULLISH: Price oversold vs 30-day range
- NEUTRAL: Mixed technical signals (40/100)
- BULLISH: High volume confirmation
- BULLISH: Strong upward momentum (+3.1%)
- BULLISH: Trading 70.0% below Wall St target ($9.62)
- BULLISH: Market expects only 0% annual growth - appears undervalued
- WARNING: Composite score 44/100 in the bottom quintile — this cohort historically lags the market
Fundamental Context
Forward P/E (Next Year Est.)
-13.06
Wall Street Target
$9.62
(+70.0%)
Revenue Growth (YoY)
-1.2%
Earnings Growth (YoY)
45.4%
Profit Margin
-2.8%
PE vs Historical
-13.1 vs 15.2
CHEAP
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bloggers & journalists: you are free to use our charts with attribution.Reddit & Retail Trader Sentiment (ALTG)
Bullish
1 Retail Mentions
StockTwits Volume
1 msgs
24h retail stream
Last Tracked
May 11, 2026
Daily AI digest
AI Retail Discussion Summary:
A bullish sentiment prevails on StockTwits regarding $ALTG, with one user advocating for purchases at current prices.
Key Retail Themes:
Buy opportunity
Aggregated from r/wallstreetbets, r/stocks & StockTwits streams.
View All Trending Reddit & WSB Stocks →
Last updated: November 12, 2026 7:46 PM ET
Data refreshes hourly during market hours. Next update: 8:46 PM
Data refreshes hourly during market hours. Next update: 8:46 PM
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Technical Signals Check
Is ALTG showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL
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