Alta Equipment Group (ALTG) Stock: Buy, Sell, or Hold?
ALTG - Alta Equipment Group Inc.
$5.88
0.15 (2.62%)
â˛
5d:
+2.62%
30d:
-24.52%
90d:
-12.89%
WAIT
LOW Confidence
Analysis Updated: Sep 11, 2026 12:00 AM ET
Earnings: Nov 05, 2026
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Interactive Price Chart (1 Month)
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Bottom Line:
âšī¸ NEUTRAL: ALTG is fairly priced but lacks strong directional signals. At 0% expected growth, valuation appears cheap. Wait for clearer setup or better entry on dips.
âšī¸ NEUTRAL: ALTG is fairly priced but lacks strong directional signals. At 0% expected growth, valuation appears cheap. Wait for clearer setup or better entry on dips.
In-depth Analysis How we analyze
Valuation Analysis: ALTG is currently trading at $5.88, which is considered slightly low relative to its 30-day fair value range of $5.88 to $7.19. From a valuation perspective, the stock is trading at a discount (Forward PE: -9.2) 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 $5.63, while resistance sits at $6.46.
Market Sentiment: The stock scores a mixed 50/100 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 $10.82 (+84.0%). 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 $5.63, while resistance sits at $6.46.
Market Sentiment: The stock scores a mixed 50/100 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 $10.82 (+84.0%). Current signals suggest waiting for a better entry point before initiating new positions.
Quick Decision Summary
Current Position
SLIGHTLY LOW
Historical Trading Range
$5.88 -
$7.19
Company Quality Score
50/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
84.3%
All Signals
- BULLISH: Price oversold vs 30-day range
- NEUTRAL: Mixed technical signals (50/100)
- BULLISH: High volume confirmation
- BULLISH: Trading 84.0% below Wall St target ($10.82)
- BULLISH: Market expects only 0% annual growth - appears undervalued
- WARNING: Composite score 50/100 in the bottom quintile â this cohort historically lags the market
Trading Range Analysis
30-Day Trading Range
$5.88 -
$7.19
Current vs Trading Range
SLIGHTLY LOW
Support & Resistance Levels
Support Level
$5.63
Resistance Level
$6.46
Current Trend
Downtrend
Technical data as of
Sep 11, 2026
Fundamental Context
Forward P/E (Next Year Est.)
-9.19
Wall Street Target
$10.82
(+84.0%)
Revenue Growth (YoY)
-1.2%
Earnings Growth (YoY)
45.4%
Profit Margin
-4.4%
PE vs Historical
-9.2 vs 15.2
CHEAP
Share & Embed Analysis
Last updated: September 13, 2026 6:29 AM ET
Data refreshes hourly during market hours. Next update: 7:29 AM
Data refreshes hourly during market hours. Next update: 7:29 AM
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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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