Alta Equipment Group ALTG
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Business overview of Alta Equipment Group (ALTG)
Alta Equipment Group Inc is an integrated equipment dealership platform in the U.S. Its segments are Material Handling and Construction Equipment. The Material Handling segment is engaged in operations related to the sale, service, and rental of lift trucks in Michigan, Illinois, Indiana, New York, Virginia, and throughout the New England states whereas, the Construction Equipment segment is principally engaged in operations related to the sale, service, and rental of construction equipment in Michigan, Indiana, Illinois, Ohio, New York, Florida and throughout the New England States.
Key Insights
Critical company metrics and information
Latest Closing Price
$4.8Market Cap
$157.73 MillionPrice-Earnings Ratio
-2.45Total Outstanding Shares
32.86 Million SharesTotal Employees
3,000Dividend
$0.06 Per Share QuarterlyIPO Date
April 25, 2019SIC Description
Wholesale-industrial Machinery & EquipmentPrimary Exchange
New York Stock ExchangeType
Common StockHeadquarters
13211 merriman road, Livonia, MI, 48150Homepage
https://www.altaequipment.com
Historical Stock Splits
Execution Date | Split Amount |
---|---|
No Historical Stock Splits |
Cash Flow Statement
January 1, 2024 to December 31, 2024
Metric | Value |
---|---|
Net Cash Flow From Operating Activities | $57 Million |
Net Cash Flow From Operating Activities, Continuing | $57 Million |
Net Cash Flow, Continuing | $-17.10 Million |
Net Cash Flow From Financing Activities | $-17.90 Million |
Net Cash Flow From Financing Activities, Continuing | $-17.90 Million |
Net Cash Flow From Investing Activities, Continuing | $-56.20 Million |
Income Statement
January 1, 2024 to December 31, 2024
Metric | Value |
---|---|
Nonoperating Income/Loss | $-84.90 Million |
Cost Of Revenue | $1.38 Billion |
Net Income/Loss Attributable To Parent | $-62.10 Million |
Diluted Earnings Per Share | $-1.96 |
Basic Earnings Per Share | $-1.96 |
Income/Loss From Continuing Operations Before Tax | $-66.30 Million |
Comprehensive Income
January 1, 2024 to December 31, 2024
Metric | Value |
---|---|
Other Comprehensive Income/Loss | $-3.10 Million |
Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
Comprehensive Income/Loss | $-65.20 Million |
Other Comprehensive Income/Loss Attributable To Parent | $-3.10 Million |
Comprehensive Income/Loss Attributable To Parent | $-65.20 Million |
Balance Sheet
January 1, 2024 to December 31, 2024
Metric | Value |
---|---|
Current Assets | $774.50 Million |
Noncurrent Assets | $705.90 Million |
Accounts Payable | $91.50 Million |
Inventory | $535.90 Million |
Other Current Liabilities | $485.70 Million |
Current Liabilities | $577.20 Million |
Historical Dividends
Current dividend: $0.06 Per Share Quarterly
Announcement Date | Payment Date | Record Date | Amount | Frequency |
---|---|---|---|---|
Feb 3, 2025 | Feb 28, 2025 | Feb 15, 2025 | $0.057 | Quarterly |
Nov 4, 2024 | Nov 29, 2024 | Nov 15, 2024 | $0.057 | Quarterly |
Aug 2, 2024 | Aug 30, 2024 | Aug 15, 2024 | $0.057 | Quarterly |
May 2, 2024 | May 31, 2024 | May 15, 2024 | $0.057 | Quarterly |
Feb 2, 2024 | Feb 29, 2024 | Feb 15, 2024 | $0.057 | Quarterly |
Nov 3, 2023 | Nov 30, 2023 | Nov 15, 2023 | $0.057 | Quarterly |
Recent Headlines From The Web
Latest news, press releases, and media coverage about ALTG from trusted financial sources
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