ALTG Stock Analysis: Buy, Sell, or Hold?
ALTG - Alta Equipment Group Inc.
$6.98
0.40 (6.08%)
▲
5d:
+9.4%
30d:
+12.76%
90d:
-12.53%
BUY
MODERATE Confidence
Analysis Updated: Jul 31, 2026 12:00 AM ET
Earnings: Aug 06, 2026
2d
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Interactive Price Chart (1 Month)
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Bottom Line:
💡 BUY OPPORTUNITY: ALTG shows positive signals but monitor for confirmation. Market pricing in 0% annual growth which appears achievable. Moderate conviction.
💡 BUY OPPORTUNITY: ALTG shows positive signals but monitor for confirmation. Market pricing in 0% annual growth which appears achievable. Moderate conviction.
In-depth Analysis How we analyze
Valuation Analysis: ALTG is currently trading at $6.98, which is considered extended relative to its 30-day fair value range of $6.11 to $6.86. 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 uptrend. The price is approaching resistance at $6.97. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation. The stock is showing strong short-term momentum, up 6.1% recently.
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 (+61.1%). Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Technical Outlook: Technically, ALTG is in a uptrend. The price is approaching resistance at $6.97. A breakout above this level would be a bullish signal, while rejection here could lead to consolidation. The stock is showing strong short-term momentum, up 6.1% recently.
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 (+61.1%). Combining these factors, the current setup offers a favorable risk/reward ratio for buyers.
Quick Decision Summary
Current Position
EXTENDED
Historical Trading Range
$6.11 -
$6.86
Company Quality Score
48/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
71.4%
All Signals
- BEARISH: Price extended above range
- BULLISH: Strong technical setup (60/100)
- BULLISH: High volume confirmation
- BULLISH: Strong upward momentum (+6.1%)
- BULLISH: Trading 61.1% below Wall St target ($10.60)
- BULLISH: Market expects only 0% annual growth - appears undervalued
Trading Range Analysis
30-Day Trading Range
$6.11 -
$6.86
Current vs Trading Range
EXTENDED
Support & Resistance Levels
Support Level
$5.83
Resistance Level
$6.97
Current Trend
Uptrend
Technical data as of
Aug 3, 2026
Fundamental Context
Forward P/E (Next Year Est.)
-12.65
Wall Street Target
$10.60
(+61.1%)
Revenue Growth (YoY)
-3.0%
Earnings Growth (YoY)
45.4%
Profit Margin
-4.3%
PE vs Historical
-12.7 vs 15.2
CHEAP
Share & Embed Analysis
Last updated: August 03, 2026 4:16 PM ET
Data refreshes hourly during market hours. Next update: 5:16 PM
Data refreshes hourly during market hours. Next update: 5:16 PM
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Technical Signals Check
Is ALTG showing a specific setup today?
Insider Activity (6 Months)
7
Buys
2
Sells
+
Net
INSIDERS BUYING
Recent Transactions
Mill Road Capital Iii, L…
BUY
3798 shares
2026-03-13
Mill Road Capital Iii, L…
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58162 shares
2026-03-12
Mill Road Capital Iii, L…
BUY
18040 shares
2026-03-11
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