ALTG Stock Analysis: Buy, Sell, or Hold?
ALTG - Alta Equipment Group Inc.
$6.39
-0.14 (-2.14%)
▼
5d:
-11.74%
30d:
+0.31%
90d:
-3.77%
WAIT
LOW Confidence
Analysis Updated: May 15, 2026 12:00 AM ET
Earnings: May 13, 2026
0d
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 11.7% 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 11.7% 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 $6.39, which is considered slightly low relative to its 30-day fair value range of $6.01 to $7.83. From a valuation perspective, the stock is trading at a discount (Forward PE: -11.9) 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. Immediate support is located at $6.10, while resistance sits at $8.69.
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 $10.50 (+60.8%). Current signals suggest waiting for a better entry point before initiating new positions.
Technical Outlook: Technically, ALTG is in a uptrend. Immediate support is located at $6.10, while resistance sits at $8.69.
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 $10.50 (+60.8%). Current signals suggest waiting for a better entry point before initiating new positions.
Quick Decision Summary
Current Position
SLIGHTLY LOW
Historical Trading Range
$6.01 -
$7.83
Company Quality Score
52/100
(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 60.8% below Wall St target ($10.50)
- BULLISH: Market expects only 0% annual growth - appears undervalued
- WARNING: Recommendation downgraded due to -11.7% 5-day decline - wait for stabilization
Trading Range Analysis
30-Day Trading Range
$6.01 -
$7.83
Current vs Trading Range
SLIGHTLY LOW
Support & Resistance Levels
Support Level
$6.10
Resistance Level
$8.69
Current Trend
Uptrend
Technical data as of
May 15, 2026
Fundamental Context
Forward P/E (Next Year Est.)
-11.94
Wall Street Target
$10.50
(+60.8%)
Revenue Growth (YoY)
-3.0%
Earnings Growth (YoY)
45.4%
Profit Margin
-4.3%
PE vs Historical
-11.9 vs 15.2
CHEAP
Share & Embed Analysis
Last updated: May 15, 2026 4:52 PM ET
Data refreshes hourly during market hours. Next update: 5:52 PM
Data refreshes hourly during market hours. Next update: 5:52 PM
🔥 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 |
$1072 | 60 HOLD |
|
FTAI
FTAI Aviation Ltd. |
STRONG BUY
13 analysts |
$339 | 55 HOLD |
|
AER
AerCap Holdings NV |
STRONG BUY
9 analysts |
$164 | 56 HOLD |
|
AL
Air Lease Corporation |
STRONG BUY
7 analysts |
$65 | 64 BUY |
|
HRI
Herc Holdings Inc |
BUY
10 analysts |
$169 | 60 HOLD |
