ALTG Stock Analysis: Buy, Sell, or Hold?
ALTG - Alta Equipment Group Inc.
$6.19
0.11 (1.81%)
▲
5d:
-19.08%
30d:
-3.88%
90d:
+17.9%
WAIT
LOW Confidence
Analysis Updated: Jul 2, 2026 12:00 AM ET
Earnings: Aug 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:
⏸️ WAIT FOR STABILIZATION: ALTG is down 19.1% 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 19.1% 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 $6.19, which is considered oversold relative to its 30-day fair value range of $6.25 to $7.25. From a valuation perspective, the stock is trading at a discount (Forward PE: -11.3) 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. The price is currently testing key support at $6.07. A bounce from this level would confirm strength, while a break below could signal further downside.
Market Sentiment: The stock shows a mixed technical setup (40/100), with neutral trendline and momentum signals. Wall Street analysts see significant upside, with an average price target of $10.60 (+71.2%). Current signals suggest waiting for a better entry point before initiating new positions.
Technical Outlook: Technically, ALTG is showing sideways momentum. The price is currently testing key support at $6.07. A bounce from this level would confirm strength, while a break below could signal further downside.
Market Sentiment: The stock shows a mixed technical setup (40/100), with neutral trendline and momentum signals. Wall Street analysts see significant upside, with an average price target of $10.60 (+71.2%). Current signals suggest waiting for a better entry point before initiating new positions.
Quick Decision Summary
Current Position
OVERSOLD
Historical Trading Range
$6.25 -
$7.25
Company Quality Score
50/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
84.3%
All Signals
- BULLISH: Price oversold vs 30-day range
- NEUTRAL: Mixed technical signals (40/100)
- BULLISH: High volume confirmation
- BULLISH: Trading 71.2% below Wall St target ($10.60)
- BULLISH: Market expects only 0% annual growth - appears undervalued
- WARNING: Recommendation downgraded due to -19.1% 5-day decline - wait for stabilization
Trading Range Analysis
30-Day Trading Range
$6.25 -
$7.25
Current vs Trading Range
OVERSOLD
Support & Resistance Levels
Support Level
$6.07
Resistance Level
$7.88
Current Trend
Sideways
Technical data as of
Jul 2, 2026
Fundamental Context
Forward P/E (Next Year Est.)
-11.32
Wall Street Target
$10.60
(+71.2%)
Revenue Growth (YoY)
-3.0%
Earnings Growth (YoY)
45.4%
Profit Margin
-4.3%
PE vs Historical
-11.3 vs 15.2
CHEAP
Share & Embed Analysis
Last updated: July 04, 2026 8:15 PM ET
Data refreshes hourly during market hours. Next update: 9:15 PM
Data refreshes hourly during market hours. Next update: 9:15 PM
🔥 Top Stocks Breaking Out Now
| Ticker | Score | Recommendation | Change % |
|---|
Technical Signals Check
Is ALTG showing a specific setup today?
Insider Activity (6 Months)
7
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 |
$1105 | 54 HOLD |
|
FTAI
FTAI Aviation Ltd. |
STRONG BUY
13 analysts |
$339 | 54 HOLD |
|
AER
AerCap Holdings NV |
STRONG BUY
8 analysts |
$166 | 63 BUY |
|
AL
Air Lease Corporation |
STRONG BUY
7 analysts |
$65 | 64 BUY |
|
PRG
PROG Holdings Inc |
STRONG BUY
7 analysts |
$46 | 60 BUY |
