Alta Equipment Group (ALTG) Stock: Buy, Sell, or Hold?
ALTG - Alta Equipment Group Inc.
$6.48
0.16 (2.53%)
▲
5d:
+4.18%
30d:
+9.64%
90d:
+0.0%
WAIT
LOW Confidence
Analysis Updated: Oct 2, 2026 12:00 AM ET
Earnings: Nov 05, 2026
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Interactive Price Chart (1 Month)
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Bottom Line:
📊 MIXED SIGNALS: ALTG shows conflicting indicators. Wait for confirmation before entering.
📊 MIXED SIGNALS: ALTG shows conflicting indicators. Wait for confirmation before entering.
In-depth Analysis How we analyze
Valuation Analysis: ALTG is currently trading at $6.48, which is considered extended relative to its 30-day fair value range of $5.81 to $6.20. From a valuation perspective, the stock is trading at a discount (Forward PE: -10.5) 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. The price is approaching resistance at $6.64. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: ALTG scores 23/100 on our bottoming-setup gauge. Note this measures entry quality, not trend direction — a low score can mean the chart is extended after a strong run (don't chase) or still falling without stabilization; better entries typically come after a pullback toward the 20-day average. Wall Street analysts see significant upside, with an average price target of $9.82 (+51.5%). Current signals suggest waiting for a better entry point before initiating new positions.
Technical Outlook: Technically, ALTG is showing sideways momentum. The price is approaching resistance at $6.64. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation.
Market Sentiment: ALTG scores 23/100 on our bottoming-setup gauge. Note this measures entry quality, not trend direction — a low score can mean the chart is extended after a strong run (don't chase) or still falling without stabilization; better entries typically come after a pullback toward the 20-day average. Wall Street analysts see significant upside, with an average price target of $9.82 (+51.5%). Current signals suggest waiting for a better entry point before initiating new positions.
Quick Decision Summary
Current Position
EXTENDED
Historical Trading Range
$5.81 -
$6.20
Company Quality Score
40/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
33.3%
All Signals
- BEARISH: Price extended above range
- BEARISH: Weak technical setup (23/100)
- BULLISH: High volume confirmation
- BULLISH: Trading 51.5% below Wall St target ($9.82)
- BULLISH: Market expects only 0% annual growth - appears undervalued
- WARNING: Composite score 40/100 in the bottom quintile — this cohort historically lags the market
Trading Range Analysis
30-Day Trading Range
$5.81 -
$6.20
Current vs Trading Range
EXTENDED
Support & Resistance Levels
Support Level
$5.69
Resistance Level
$6.64
Current Trend
Sideways
Technical data as of
Oct 2, 2026
Fundamental Context
Forward P/E (Next Year Est.)
-10.49
Wall Street Target
$9.82
(+51.5%)
Revenue Growth (YoY)
-1.2%
Earnings Growth (YoY)
45.4%
Profit Margin
-4.4%
PE vs Historical
-10.5 vs 15.2
CHEAP
Share & Embed Analysis
Last updated: October 03, 2026 8:53 AM ET
Data refreshes hourly during market hours. Next update: 9:53 AM
Data refreshes hourly during market hours. Next update: 9:53 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
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