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Alta Equipment Group Inc. (ALTG)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISINUS02128L1061
CUSIP02128L106
SectorIndustrials
IndustryRental & Leasing Services

Highlights

Market Cap$285.07M
EPS-$0.21
PE Ratio49.17
Revenue (TTM)$1.90B
Gross Profit (TTM)$419.60M
EBITDA (TTM)$166.90M
Year Range$8.16 - $16.68
Target Price$19.69
Short %6.93%
Short Ratio7.53

Share Price Chart


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Alta Equipment Group Inc.

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Alta Equipment Group Inc., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%20.00%40.00%60.00%80.00%December2024FebruaryMarchAprilMay
-1.99%
81.86%
ALTG (Alta Equipment Group Inc.)
Benchmark (^GSPC)

S&P 500

Returns By Period

Alta Equipment Group Inc. had a return of -25.05% year-to-date (YTD) and -36.99% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date-25.05%11.56%
1 month-24.61%7.13%
6 months-7.66%17.26%
1 year-36.99%26.92%
5 years (annualized)-0.60%13.56%
10 years (annualized)N/A10.87%

Monthly Returns

The table below presents the monthly returns of ALTG, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-8.71%7.85%12.80%-14.21%-25.05%
202328.51%11.34%-15.74%-10.79%-3.36%27.33%-6.81%-11.54%-15.25%-23.80%4.35%29.66%-4.66%
2022-6.90%-7.48%-1.98%-8.98%-4.27%-16.71%25.31%5.17%-6.46%11.08%-1.12%9.55%-9.12%
2021-3.95%11.80%22.53%-1.15%14.09%-9.35%-5.27%5.32%3.54%5.10%1.25%0.21%48.18%
20202.30%-13.96%-51.53%22.48%28.11%15.97%-2.19%9.87%-6.23%-2.68%18.90%9.05%-1.30%
20190.00%0.99%-0.47%0.21%0.61%0.91%-0.40%0.61%0.70%3.20%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of ALTG is 11, indicating that it is in the bottom 11% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of ALTG is 1111
ALTG (Alta Equipment Group Inc.)
The Sharpe Ratio Rank of ALTG is 1111Sharpe Ratio Rank
The Sortino Ratio Rank of ALTG is 1313Sortino Ratio Rank
The Omega Ratio Rank of ALTG is 1414Omega Ratio Rank
The Calmar Ratio Rank of ALTG is 88Calmar Ratio Rank
The Martin Ratio Rank of ALTG is 99Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Alta Equipment Group Inc. (ALTG) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


ALTG
Sharpe ratio
The chart of Sharpe ratio for ALTG, currently valued at -0.73, compared to the broader market-2.00-1.000.001.002.003.004.00-0.73
Sortino ratio
The chart of Sortino ratio for ALTG, currently valued at -0.92, compared to the broader market-4.00-2.000.002.004.006.00-0.92
Omega ratio
The chart of Omega ratio for ALTG, currently valued at 0.89, compared to the broader market0.501.001.502.000.89
Calmar ratio
The chart of Calmar ratio for ALTG, currently valued at -0.71, compared to the broader market0.002.004.006.00-0.71
Martin ratio
The chart of Martin ratio for ALTG, currently valued at -1.31, compared to the broader market-10.000.0010.0020.0030.00-1.31
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.34, compared to the broader market-2.00-1.000.001.002.003.004.002.34
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.31, compared to the broader market-4.00-2.000.002.004.006.003.31
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.41, compared to the broader market0.501.001.502.001.41
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.90, compared to the broader market0.002.004.006.001.90
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 8.93, compared to the broader market-10.000.0010.0020.0030.008.93

Sharpe Ratio

The current Alta Equipment Group Inc. Sharpe ratio is -0.73. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Alta Equipment Group Inc. with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00December2024FebruaryMarchAprilMay
-0.73
2.34
ALTG (Alta Equipment Group Inc.)
Benchmark (^GSPC)

Dividends

Dividend History

Alta Equipment Group Inc. granted a 9.83% dividend yield in the last twelve months. The annual payout for that period amounted to $0.85 per share.


PeriodTTM20232022
Dividend$0.85$0.23$0.11

Dividend yield

9.83%1.84%0.86%

Monthly Dividends

The table displays the monthly dividend distributions for Alta Equipment Group Inc.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.63$0.06$0.00$0.00$0.06$0.74
2023$0.00$0.06$0.00$0.00$0.06$0.00$0.00$0.06$0.00$0.00$0.06$0.00$0.23
2022$0.06$0.00$0.00$0.06$0.00$0.11

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%December2024FebruaryMarchAprilMay
-52.70%
0
ALTG (Alta Equipment Group Inc.)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Alta Equipment Group Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Alta Equipment Group Inc. was 64.62%, occurring on Mar 18, 2020. Recovery took 204 trading sessions.

The current Alta Equipment Group Inc. drawdown is 52.70%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-64.62%Feb 20, 202020Mar 18, 2020204Jan 7, 2021224
-54.06%Mar 9, 2023299May 15, 2024
-48.15%Nov 15, 2021159Jul 5, 2022145Jan 31, 2023304
-20.21%May 25, 202150Aug 4, 202164Nov 3, 2021114
-11.56%Jan 8, 202115Jan 29, 20216Feb 8, 202121

Volatility

Volatility Chart

The current Alta Equipment Group Inc. volatility is 24.24%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%25.00%December2024FebruaryMarchAprilMay
24.24%
3.10%
ALTG (Alta Equipment Group Inc.)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of Alta Equipment Group Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

Annual
Quarterly

0.0

Income Statement


Income Statement
Balance Sheet
Cash Flow
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Quarterly

TTM
Revenue

Total Revenue

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Cost Of Revenue

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Gross Profit

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Operating Expenses

Selling, General & Admin Expenses

0.00

R&D Expenses

0.00

Total Operating Expenses

0.00
Income

Income Before Tax

0.00

Operating Income

0.00

EBIT

0.00

Earnings From Continuing Operations

0.00

Net Income

0.00

Income Tax Expense

0.00

Interest Expense

0.00

Other Non-Operating Income (Expenses)

0.00

Extraordinary Items

0.00

Discontinued Operations

0.00

Effect Of Accounting Charges

0.00

Non Recurring

0.00

Minority Interest

0.00

Other Items

0.00
Values in undefined except per share items