Free Trial

Alta Equipment Group (ALTG) Competitors

Alta Equipment Group logo
$6.47 -0.41 (-6.02%)
Closing price 02/21/2025 03:59 PM Eastern
Extended Trading
$6.46 -0.01 (-0.17%)
As of 02/21/2025 04:05 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

ALTG vs. GIC, STKL, CAPL, MGPI, ASPN, ITRN, RYI, AMRK, CLMB, and ASLE

Should you be buying Alta Equipment Group stock or one of its competitors? The main competitors of Alta Equipment Group include Global Industrial (GIC), SunOpta (STKL), CrossAmerica Partners (CAPL), MGP Ingredients (MGPI), Aspen Aerogels (ASPN), Ituran Location and Control (ITRN), Ryerson (RYI), A-Mark Precious Metals (AMRK), Climb Global Solutions (CLMB), and AerSale (ASLE). These companies are all part of the "wholesale" industry.

Alta Equipment Group vs.

Alta Equipment Group (NYSE:ALTG) and Global Industrial (NYSE:GIC) are both small-cap industrial products companies, but which is the better stock? We will compare the two companies based on the strength of their profitability, media sentiment, institutional ownership, community ranking, risk, valuation, dividends, earnings and analyst recommendations.

Alta Equipment Group received 22 more outperform votes than Global Industrial when rated by MarketBeat users. Likewise, 54.55% of users gave Alta Equipment Group an outperform vote while only 18.18% of users gave Global Industrial an outperform vote.

CompanyUnderperformOutperform
Alta Equipment GroupOutperform Votes
24
54.55%
Underperform Votes
20
45.45%
Global IndustrialOutperform Votes
2
18.18%
Underperform Votes
9
81.82%

In the previous week, Global Industrial had 6 more articles in the media than Alta Equipment Group. MarketBeat recorded 7 mentions for Global Industrial and 1 mentions for Alta Equipment Group. Global Industrial's average media sentiment score of 0.19 beat Alta Equipment Group's score of 0.00 indicating that Global Industrial is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Alta Equipment Group
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Global Industrial
2 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Alta Equipment Group$1.88B0.11$8.90M-$1.70-3.80
Global Industrial$1.27B0.72$70.70M$1.7014.10

Alta Equipment Group pays an annual dividend of $0.23 per share and has a dividend yield of 3.6%. Global Industrial pays an annual dividend of $1.00 per share and has a dividend yield of 4.2%. Alta Equipment Group pays out -13.5% of its earnings in the form of a dividend. Global Industrial pays out 58.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Alta Equipment Group currently has a consensus target price of $15.75, indicating a potential upside of 143.58%. Given Alta Equipment Group's stronger consensus rating and higher probable upside, analysts plainly believe Alta Equipment Group is more favorable than Global Industrial.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Alta Equipment Group
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40
Global Industrial
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

73.6% of Alta Equipment Group shares are held by institutional investors. Comparatively, 31.2% of Global Industrial shares are held by institutional investors. 19.9% of Alta Equipment Group shares are held by insiders. Comparatively, 65.3% of Global Industrial shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Alta Equipment Group has a beta of 1.76, indicating that its share price is 76% more volatile than the S&P 500. Comparatively, Global Industrial has a beta of 0.87, indicating that its share price is 13% less volatile than the S&P 500.

Global Industrial has a net margin of 4.92% compared to Alta Equipment Group's net margin of -2.81%. Global Industrial's return on equity of 24.53% beat Alta Equipment Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Alta Equipment Group-2.81% -42.09% -3.40%
Global Industrial 4.92%24.53%12.41%

Summary

Global Industrial beats Alta Equipment Group on 11 of the 20 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$215.06M$1.62B$9.04B$20.02B
Dividend Yield3.16%3.78%2.09%3.65%
P/E Ratio-3.8017.6416.7834.88
Price / Sales0.110.634.3115.59
Price / Cash1.639.8522.2520.85
Price / Book1.402.824.494.92
Net Income$8.90M$104.20M$424.79M$1.02B
7 Day Performance-12.69%-7.27%-2.80%-1.05%
1 Month Performance-15.70%-10.79%-5.91%-1.39%
1 Year Performance-44.55%11.05%29.12%13.93%

Alta Equipment Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ALTG
Alta Equipment Group
1.9283 of 5 stars
$6.47
-6.0%
$15.75
+143.6%
-44.5%$215.06M$1.88B-3.803,000News Coverage
GIC
Global Industrial
4.4339 of 5 stars
$24.29
+0.7%
N/A-46.0%$928.68M$1.27B14.291,870Analyst Revision
STKL
SunOpta
3.5766 of 5 stars
$7.64
+2.0%
$9.50
+24.3%
+20.1%$914.13M$630.30M-42.441,174Positive News
CAPL
CrossAmerica Partners
2.1307 of 5 stars
$22.72
+0.4%
N/A+3.2%$864.50M$4.39B43.692,220Positive News
MGPI
MGP Ingredients
4.6516 of 5 stars
$33.15
+2.4%
$71.29
+115.0%
-64.9%$727.64M$836.52M6.89690
ASPN
Aspen Aerogels
3.5339 of 5 stars
$8.67
-3.7%
$24.67
+184.6%
-52.0%$711.05M$238.72M867.47420Analyst Forecast
Analyst Revision
High Trading Volume
ITRN
Ituran Location and Control
3.5822 of 5 stars
$35.58
+2.9%
N/A+61.1%$707.69M$319.98M13.632,841Upcoming Earnings
RYI
Ryerson
3.3633 of 5 stars
$21.95
+0.7%
$28.00
+27.6%
-31.1%$698.95M$5.11B35.984,600Earnings Report
Dividend Announcement
News Coverage
AMRK
A-Mark Precious Metals
4.8187 of 5 stars
$27.58
-4.9%
$41.75
+51.4%
+7.3%$639.30M$9.70B13.45380
CLMB
Climb Global Solutions
2.0077 of 5 stars
$129.38
+0.3%
$136.00
+5.1%
+110.7%$596.44M$352.01M35.06270News Coverage
ASLE
AerSale
3.8628 of 5 stars
$6.83
-1.0%
$9.00
+31.8%
-25.7%$363.42M$334.50M683.68510

Related Companies and Tools


This page (NYSE:ALTG) was last updated on 2/22/2025 by MarketBeat.com Staff
From Our Partners