Free Trial

Alta Equipment Group (ALTG) Competitors

Alta Equipment Group logo
$7.46 +0.34 (+4.78%)
(As of 11/20/2024 ET)

ALTG vs. PETQ, CAPL, RYI, AMRK, CLMB, ITRN, ASLE, HDSN, HFFG, and WILC

Should you be buying Alta Equipment Group stock or one of its competitors? The main competitors of Alta Equipment Group include PetIQ (PETQ), CrossAmerica Partners (CAPL), Ryerson (RYI), A-Mark Precious Metals (AMRK), Climb Global Solutions (CLMB), Ituran Location and Control (ITRN), AerSale (ASLE), Hudson Technologies (HDSN), HF Foods Group (HFFG), and G. Willi-Food International (WILC). These companies are all part of the "wholesale" industry.

Alta Equipment Group vs.

PetIQ (NASDAQ:PETQ) and Alta Equipment Group (NYSE:ALTG) are both small-cap medical companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, dividends, analyst recommendations, community ranking, profitability, risk, media sentiment, earnings and valuation.

PetIQ has a net margin of 1.20% compared to Alta Equipment Group's net margin of -2.81%. PetIQ's return on equity of 18.75% beat Alta Equipment Group's return on equity.

Company Net Margins Return on Equity Return on Assets
PetIQ1.20% 18.75% 5.15%
Alta Equipment Group -2.81%-42.09%-3.40%

PetIQ has a beta of 1.73, meaning that its stock price is 73% more volatile than the S&P 500. Comparatively, Alta Equipment Group has a beta of 1.67, meaning that its stock price is 67% more volatile than the S&P 500.

95.0% of PetIQ shares are held by institutional investors. Comparatively, 73.6% of Alta Equipment Group shares are held by institutional investors. 9.6% of PetIQ shares are held by insiders. Comparatively, 19.9% of Alta Equipment Group shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

PetIQ received 285 more outperform votes than Alta Equipment Group when rated by MarketBeat users. Likewise, 65.33% of users gave PetIQ an outperform vote while only 54.55% of users gave Alta Equipment Group an outperform vote.

CompanyUnderperformOutperform
PetIQOutperform Votes
309
65.33%
Underperform Votes
164
34.67%
Alta Equipment GroupOutperform Votes
24
54.55%
Underperform Votes
20
45.45%

Alta Equipment Group has higher revenue and earnings than PetIQ. Alta Equipment Group is trading at a lower price-to-earnings ratio than PetIQ, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
PetIQ$1.10B0.84$2.13M$0.3979.44
Alta Equipment Group$1.88B0.13$8.90M-$1.70-4.39

PetIQ presently has a consensus price target of $29.67, indicating a potential downside of 4.24%. Alta Equipment Group has a consensus price target of $15.75, indicating a potential upside of 111.13%. Given Alta Equipment Group's higher probable upside, analysts clearly believe Alta Equipment Group is more favorable than PetIQ.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
PetIQ
0 Sell rating(s)
2 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.50
Alta Equipment Group
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40

In the previous week, Alta Equipment Group had 22 more articles in the media than PetIQ. MarketBeat recorded 22 mentions for Alta Equipment Group and 0 mentions for PetIQ. PetIQ's average media sentiment score of 0.00 beat Alta Equipment Group's score of -0.27 indicating that PetIQ is being referred to more favorably in the media.

Company Overall Sentiment
PetIQ Neutral
Alta Equipment Group Neutral

Summary

PetIQ beats Alta Equipment Group on 12 of the 17 factors compared between the two stocks.

Get Alta Equipment Group News Delivered to You Automatically

Sign up to receive the latest news and ratings for ALTG and its competitors with MarketBeat's FREE daily newsletter.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

ALTG vs. The Competition

MetricAlta Equipment GroupIndustrial machinery & equipment IndustryIndustrial SectorNYSE Exchange
Market Cap$246.85M$1.62B$9.57B$19.89B
Dividend Yield3.26%3.68%2.02%3.54%
P/E Ratio-4.3916.8022.2942.83
Price / Sales0.130.617.4918.13
Price / Cash1.589.1316.9417.86
Price / Book1.612.844.275.52
Net Income$8.90M$104.20M$413.78M$986.45M
7 Day Performance-6.40%-3.51%2.89%-0.22%
1 Month Performance19.36%6.81%0.45%0.12%
1 Year Performance-29.42%14.10%28.19%23.71%

Alta Equipment Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ALTG
Alta Equipment Group
2.6597 of 5 stars
$7.46
+4.8%
$15.75
+111.1%
-29.4%$235.62M$1.88B-4.393,000Analyst Revision
PETQ
PetIQ
1.8369 of 5 stars
$30.98
flat
$29.67
-4.2%
N/A$925.99M$1.10B79.441,933
CAPL
CrossAmerica Partners
1.4135 of 5 stars
$19.89
-0.7%
N/A-10.3%$762.46M$4.39B38.252,220Short Interest ↑
RYI
Ryerson
3.5483 of 5 stars
$24.39
+3.3%
$28.00
+14.8%
-17.1%$751.91M$5.11B39.984,600Insider Trade
AMRK
A-Mark Precious Metals
4.1113 of 5 stars
$30.83
+2.5%
$46.33
+50.3%
+14.4%$697.61M$9.70B13.12380
CLMB
Climb Global Solutions
2.3501 of 5 stars
$134.18
+0.4%
$136.00
+1.4%
+178.1%$615.88M$352.01M36.36270
ITRN
Ituran Location and Control
2.2233 of 5 stars
$27.26
+0.3%
N/A+9.5%$540.71M$319.98M10.692,841News Coverage
ASLE
AerSale
4.2124 of 5 stars
$6.19
+1.3%
$9.00
+45.4%
-56.1%$325.12M$334.50M619.62707Positive News
HDSN
Hudson Technologies
4.8165 of 5 stars
$5.91
+2.6%
$7.85
+32.8%
-54.3%$260.34M$289.02M9.09220
HFFG
HF Foods Group
1.6371 of 5 stars
$3.41
-1.4%
N/A-25.5%$182.47M$1.15B0.001,049Short Interest ↓
Analyst Revision
News Coverage
WILC
G. Willi-Food International
3.1373 of 5 stars
$14.00
+18.1%
N/A+59.1%$164.32M$149.78M16.87180News Coverage
Gap Up
High Trading Volume

Related Companies and Tools


This page (NYSE:ALTG) was last updated on 11/21/2024 by MarketBeat.com Staff
From Our Partners