Added to YB: 2025-11-11
Pitch date: 2025-11-08
ALTG [neutral]
Alta Equipment Group Inc.
+30.57%
current return
Author Info
Company Info
Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States and Canada.
Market Cap
$214.0M
Pitch Price
$5.30
Price Target
N/A
Dividend
N/A
EV/EBITDA
15.24
P/E
-2.66
EV/Sales
0.78
Sector
Trading Companies and Distributors
Category
turnaround
Q3 2025 Earnings Updates - Alta Equipment Group (ALTG):
ALTG (earnings): Q3 revs down $26M (-5.8% YOY) but aggressive cost cuts limited EBITDA decline to 3.5%. Rental fleet drawn down $30M generating positive FCF despite debt service. Breakeven performance in tough environment as customers delay equipment purchases due to uncertainty, even in highway construction. Will benefit from lower rates & tariff clarity.
Read full article (1 min)