ALTG Stock Analysis: Buy, Sell, or Hold?
ALTG - Alta Equipment Group Inc.
$6.36
-0.08 (-1.24%)
▼
5d:
-1.55%
30d:
-18.04%
90d:
-10.3%
BUY
HIGH Confidence
Analysis Updated: Jun 3, 2026 12:00 AM ET
Earnings: May 13, 2026
0d
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Interactive Price Chart (1 Month)
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Bottom Line:
✅ BUY SIGNAL: ALTG shows strong fundamentals and good volume confirmation. Solid entry point despite fair pricing.
✅ BUY SIGNAL: ALTG shows strong fundamentals and good volume confirmation. Solid entry point despite fair pricing.
In-depth Analysis How we analyze
Valuation Analysis: ALTG is currently trading at $6.36, which is considered fair relative to its 30-day fair value range of $5.85 to $7.71. From a valuation perspective, the stock is trading at a discount (Forward PE: -11.8) 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 showing sideways momentum. Immediate support is located at $4.99, while resistance sits at $6.62.
Market Sentiment: ALTG has a strong technical setup (60/100), with favorable trendlines, momentum, and price action for short-term traders. Wall Street analysts see significant upside, with an average price target of $10.60 (+64.6%). Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Technical Outlook: Technically, ALTG is showing sideways momentum. Immediate support is located at $4.99, while resistance sits at $6.62.
Market Sentiment: ALTG has a strong technical setup (60/100), with favorable trendlines, momentum, and price action for short-term traders. Wall Street analysts see significant upside, with an average price target of $10.60 (+64.6%). Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Quick Decision Summary
Current Position
FAIR
Historical Trading Range
$5.85 -
$7.71
Company Quality Score
50/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
88.1%
All Signals
- NEUTRAL: Price in fair range
- BULLISH: Strong technical setup (60/100)
- BULLISH: High volume confirmation
- BULLISH: Trading 64.6% below Wall St target ($10.60)
- BULLISH: Market expects only 0% annual growth - appears undervalued
Trading Range Analysis
30-Day Trading Range
$5.85 -
$7.71
Current vs Trading Range
FAIR
Support & Resistance Levels
Support Level
$4.99
Resistance Level
$6.62
Current Trend
Sideways
Technical data as of
Jun 2, 2026
Fundamental Context
Forward P/E (Next Year Est.)
-11.78
Wall Street Target
$10.60
(+64.6%)
Revenue Growth (YoY)
-3.0%
Earnings Growth (YoY)
45.4%
Profit Margin
-4.3%
PE vs Historical
-11.8 vs 15.2
CHEAP
Share & Embed Analysis
Last updated: June 03, 2026 4:46 PM ET
Data refreshes hourly during market hours. Next update: 5:46 PM
Data refreshes hourly during market hours. Next update: 5:46 PM
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Technical Signals Check
Is ALTG showing a specific setup today?
Insider Activity (6 Months)
8
Buys
2
Sells
+
Net
INSIDERS BUYING
Recent Transactions
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3798 shares
2026-03-13
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58162 shares
2026-03-12
Mill Road Capital Iii, L…
BUY
18040 shares
2026-03-11
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