ALTG Stock Analysis: Buy, Sell, or Hold?
ALTG - Alta Equipment Group Inc.
$6.50
0.09 (1.40%)
▲
5d:
-10.34%
30d:
+3.5%
90d:
+28.97%
WAIT
LOW Confidence
Analysis Updated: Aug 21, 2026 12:00 AM ET
Earnings: Aug 06, 2026
0d
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Interactive Price Chart (1 Month)
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Bottom Line:
⏸️ WAIT FOR STABILIZATION: ALTG is down 10.3% over the last 5 days. While fundamentals may be solid, catching a falling knife is risky. Wait for price to stabilize before entering.
⏸️ WAIT FOR STABILIZATION: ALTG is down 10.3% over the last 5 days. While fundamentals may be solid, catching a falling knife is risky. Wait for price to stabilize before entering.
In-depth Analysis How we analyze
Valuation Analysis: ALTG is currently trading at $6.50, which is considered slightly low relative to its 30-day fair value range of $6.25 to $7.30. From a valuation perspective, the stock is trading at a discount (Forward PE: -10.2) 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 showing sideways momentum. Immediate support is located at $6.25, while resistance sits at $8.01.
Market Sentiment: ALTG scores 25/100 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 $10.82 (+66.5%). Current signals suggest waiting for a better entry point before initiating new positions.
Technical Outlook: Technically, ALTG is showing sideways momentum. Immediate support is located at $6.25, while resistance sits at $8.01.
Market Sentiment: ALTG scores 25/100 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 $10.82 (+66.5%). Current signals suggest waiting for a better entry point before initiating new positions.
Quick Decision Summary
Current Position
SLIGHTLY LOW
Historical Trading Range
$6.25 -
$7.30
Company Quality Score
40/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
61.9%
All Signals
- BULLISH: Price oversold vs 30-day range
- BEARISH: Weak technical setup (25/100)
- BULLISH: High volume confirmation
- BULLISH: Trading 66.5% below Wall St target ($10.82)
- 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
$6.25 -
$7.30
Current vs Trading Range
SLIGHTLY LOW
Support & Resistance Levels
Support Level
$6.25
Resistance Level
$8.01
Current Trend
Sideways
Technical data as of
Aug 21, 2026
Fundamental Context
Forward P/E (Next Year Est.)
-10.16
Wall Street Target
$10.82
(+66.5%)
Revenue Growth (YoY)
-1.2%
Earnings Growth (YoY)
45.4%
Profit Margin
-4.4%
PE vs Historical
-10.2 vs 15.2
CHEAP
Share & Embed Analysis
Last updated: August 24, 2026 4:34 AM ET
Data refreshes hourly during market hours. Next update: 5:34 AM
Data refreshes hourly during market hours. Next update: 5:34 AM
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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
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2026-03-13
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58162 shares
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BUY
18040 shares
2026-03-11
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