ALTG
Alta Equipment Group Inc.
WHOLESALE-INDUSTRIAL MACHINERY & EQUIPMENT
Alta Equipment Group (ALTG) Stock: Buy, Sell, or Hold?
$5.49
+0.52 (+10.46%)
▲
5d:
-20.32%
30d:
-16.44%
90d:
-23.22%
QUANTITATIVE VERDICT
WAIT
LOW Confidence (89%)
Quality Score
46/100
Position
OVERSOLD
30-Day Fair Range
$5.82 – $7.02
Position: OVERSOLD
Forward P/E & Valuation
-12.7x
CHEAP
vs 15.2x historical avg
Wall Street Target
$9.62
+75.2% 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 →
⏸️ WAIT FOR STABILIZATION: ALTG is down 20.3% over the last 5 days. While fundamentals may be solid, catching a falling knife is risky. Wait for price to stabilize before entering.
Get Alerted When ALTG Hits Your Target Price
Join 10,000+ traders who never miss a move
You're in! Check your email to confirm and set your target price.
100% Free
No spam, ever
Unsubscribe anytime
Interactive Price Chart (1 Month)
Loading chart...
Loading historical data...
In-depth Analysis How we analyze
Valuation Analysis: ALTG is currently trading at $5.49, which is considered oversold relative to its 30-day fair value range of $5.82 to $7.02. From a valuation perspective, the stock is trading at a discount (Forward PE: -12.7) 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 10.5% recently.
Market Sentiment: The stock scores a mixed 43/100 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 (+75.2%). 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 10.5% recently.
Market Sentiment: The stock scores a mixed 43/100 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 (+75.2%). Current signals suggest waiting for a better entry point before initiating new positions.
Quick Decision Summary
Current Position
OVERSOLD
Historical Trading Range
$5.82 -
$7.02
Company Quality Score
46/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
89.0%
Trading Range & Key Levels
30-Day Trading Range
$5.82 -
$7.02
Current vs Trading Range
OVERSOLD
Support Level
$4.89
Resistance Level
$7.77
Current Trend
Downtrend
Technical data as of
Nov 11, 2026
Quantitative Signal Breakdown
- BULLISH: Price oversold vs 30-day range
- NEUTRAL: Mixed technical signals (43/100)
- BULLISH: High volume confirmation
- BULLISH: Strong upward momentum (+10.5%)
- BULLISH: Trading 75.2% below Wall St target ($9.62)
- BULLISH: Market expects only 0% annual growth - appears undervalued
- WARNING: Composite score 46/100 in the bottom quintile — this cohort historically lags the market
Fundamental Context
Forward P/E (Next Year Est.)
-12.67
Wall Street Target
$9.62
(+75.2%)
Revenue Growth (YoY)
-1.2%
Earnings Growth (YoY)
45.4%
Profit Margin
-2.8%
PE vs Historical
-12.7 vs 15.2
CHEAP
Share ALTG Analysis
Share this live ALTG analysis (with rich preview card) to Reddit, StockTwits, X, or embed the chart on your blog.
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 3:59 AM ET
Data refreshes hourly during market hours. Next update: 4:59 AM
Data refreshes hourly during market hours. Next update: 4:59 AM
🔥 Top Stocks Breaking Out Now
| Ticker | Score | Recommendation | Change % |
|---|
Technical Signals Check
Is ALTG showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
NEUTRAL
Top Rated Industrial Distribution Stocks
Top-rated stocks in Industrial Distribution by analyst ratings.
| Stock | Analyst Consensus | Analyst Target | Tradestie Score |
|---|---|---|---|
|
QXO
QXO, Inc. |
STRONG BUY
19 analysts |
$24 | 48 HOLD |
|
FERG
Ferguson Plc |
BUY
24 analysts |
$283 | 39 SELL |
|
WCC
WESCO International Inc |
STRONG BUY
11 analysts |
$418 | 50 HOLD |
|
AIT
Applied Industrial Techn… |
STRONG BUY
8 analysts |
$380 | 59 HOLD |
|
FAST
Fastenal Company |
HOLD
18 analysts |
$51 | 50 HOLD |
Explore More Analysis & Live Quant Tools
Part A: Deep-Dive ALTG Research Pages
