ALTG Stock Analysis: Buy, Sell, or Hold?
ALTG - Alta Equipment Group Inc.
$5.22
0.07 (1.36%)
▲
5d:
-5.78%
30d:
-24.35%
90d:
+10.59%
HOLD
LOW Confidence
Analysis Updated: Mar 30, 2026 12:00 AM ET
Earnings: May 06, 2026
Get Alerted When ALTG Hits Your Target Price
Join 10,000+ traders who never miss a move
You're in! Check your email to confirm and set your target price.
100% Free
No spam, ever
Unsubscribe anytime
Interactive Price Chart (1 Month)
Loading chart...
Loading historical data...
Bottom Line:
📊 HOLD: ALTG shows mixed signals. Fine to hold existing positions. Not urgent to buy or sell.
📊 HOLD: ALTG shows mixed signals. Fine to hold existing positions. Not urgent to buy or sell.
In-depth Analysis How we analyze
Valuation Analysis: ALTG is currently trading at $5.22, which is considered oversold relative to its 30-day fair value range of $5.59 to $6.96. From a valuation perspective, the stock is trading at a discount (Forward PE: -8.7) 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 currently testing key support at $5.12. A bounce from this level would confirm strength, while a break below could signal further downside.
Market Sentiment: ALTG has a weak technical setup (25/100), with bearish trendlines and momentum suggesting caution for short-term entries. In the options market, Implied Volatility is low (16th percentile), suggesting options premiums are relatively cheap. This makes it an attractive time for long options strategies if you have a directional bias. Wall Street analysts see significant upside, with an average price target of $10.30 (+97.3%). The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Technical Outlook: Technically, ALTG is in a uptrend. The price is currently testing key support at $5.12. A bounce from this level would confirm strength, while a break below could signal further downside.
Market Sentiment: ALTG has a weak technical setup (25/100), with bearish trendlines and momentum suggesting caution for short-term entries. In the options market, Implied Volatility is low (16th percentile), suggesting options premiums are relatively cheap. This makes it an attractive time for long options strategies if you have a directional bias. Wall Street analysts see significant upside, with an average price target of $10.30 (+97.3%). The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Quick Decision Summary
Current Position
OVERSOLD
Fair Price Range
$5.59 -
$6.96
Company Quality Score
48/100
(HOLD)
Options IV Signal
16th percentile
(COMPLACENCY WARNING)
Volume Confirmation
HIGH
Confidence Score
69.2%
All Signals
- BULLISH: Price oversold vs 30-day range
- BULLISH: Options cheap (IV 16th percentile)
- BEARISH: Weak technical setup (25/100)
- BULLISH: High volume confirmation
- BULLISH: Trading 97.3% below Wall St target ($10.30)
- BULLISH: Market expects only 0% annual growth - appears undervalued
- CAUTION: Recommendation downgraded due to -5.8% 5-day decline
Fair Price Analysis
30-Day Fair Range
$5.59 -
$6.96
Current vs Fair Value
OVERSOLD
Expected Move (7 Days)
±$0.45
(8.6%)
Support & Resistance Levels
Support Level
$5.12
Resistance Level
$6.21
Current Trend
Uptrend
Technical data as of
Mar 30, 2026
Fundamental Context
Forward P/E (Next Year Est.)
-8.65
Wall Street Target
$10.30
(+97.3%)
Revenue Growth (YoY)
2.2%
Earnings Growth (YoY)
45.4%
Profit Margin
-4.4%
PE vs Historical
-8.7 vs 15.2
CHEAP
Share & Embed Analysis
Last updated: March 31, 2026 8:25 AM ET
Data refreshes hourly during market hours. Next update: 9:25 AM
Data refreshes hourly during market hours. Next update: 9:25 AM
🔥 Top Stocks Breaking Out Now
| Ticker | Score | Recommendation | Change % |
|---|
Technical Signals Check
Is ALTG showing a specific setup today?
Insider Activity (6 Months)
8
Buys
2
Sells
+
Net
INSIDERS BUYING
Recent Transactions
Mill Road Capital Iii, L…
BUY
3798 shares
2026-03-13
Mill Road Capital Iii, L…
BUY
58162 shares
2026-03-12
Mill Road Capital Iii, L…
BUY
18040 shares
2026-03-11
Top Rated Rental & Leasing Services Stocks
Top-rated stocks in Rental & Leasing Services by analyst ratings.
| Stock | Analyst Consensus | Analyst Target | Tradestie Score |
|---|---|---|---|
|
URI
United Rentals Inc |
HOLD
23 analysts |
$986 | 58 HOLD |
|
FTAI
FTAI Aviation Ltd. |
STRONG BUY
13 analysts |
$336 | 52 HOLD |
|
AER
AerCap Holdings NV |
STRONG BUY
9 analysts |
$162 | 55 HOLD |
|
AL
Air Lease Corporation |
STRONG BUY
7 analysts |
$65 | 63 BUY |
|
HRI
Herc Holdings Inc |
BUY
10 analysts |
$172 | 52 HOLD |
