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Alta Equipment Group (ALTG) Competitors

Alta Equipment Group logo
$5.05 -0.08 (-1.56%)
As of 01:21 PM Eastern
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ALTG vs. MGPI, AMRK, STKL, ASPN, CLMB, ASLE, HDSN, WILC, AENT, and MMLP

Should you be buying Alta Equipment Group stock or one of its competitors? The main competitors of Alta Equipment Group include MGP Ingredients (MGPI), A-Mark Precious Metals (AMRK), SunOpta (STKL), Aspen Aerogels (ASPN), Climb Global Solutions (CLMB), AerSale (ASLE), Hudson Technologies (HDSN), G. Willi-Food International (WILC), Alliance Entertainment (AENT), and Martin Midstream Partners (MMLP). These companies are all part of the "wholesale" industry.

Alta Equipment Group vs.

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

MGP Ingredients has a net margin of 14.44% compared to Alta Equipment Group's net margin of -2.81%. MGP Ingredients' return on equity of 14.39% 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%
MGP Ingredients 14.44%14.39%8.95%

In the previous week, Alta Equipment Group had 1 more articles in the media than MGP Ingredients. MarketBeat recorded 6 mentions for Alta Equipment Group and 5 mentions for MGP Ingredients. Alta Equipment Group's average media sentiment score of 1.26 beat MGP Ingredients' score of 0.62 indicating that Alta Equipment Group is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Alta Equipment Group
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
MGP Ingredients
2 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Alta Equipment Group$1.88B0.09$8.90M-$1.96-2.60
MGP Ingredients$703.63M0.89$107.47M$1.5119.42

73.6% of Alta Equipment Group shares are held by institutional investors. Comparatively, 77.1% of MGP Ingredients shares are held by institutional investors. 19.9% of Alta Equipment Group shares are held by insiders. Comparatively, 36.2% of MGP Ingredients shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

MGP Ingredients received 249 more outperform votes than Alta Equipment Group when rated by MarketBeat users. Likewise, 61.63% of users gave MGP Ingredients an outperform vote while only 53.33% of users gave Alta Equipment Group an outperform vote.

CompanyUnderperformOutperform
Alta Equipment GroupOutperform Votes
24
53.33%
Underperform Votes
21
46.67%
MGP IngredientsOutperform Votes
273
61.63%
Underperform Votes
170
38.37%

Alta Equipment Group has a beta of 1.81, suggesting that its share price is 81% more volatile than the S&P 500. Comparatively, MGP Ingredients has a beta of 0.57, suggesting that its share price is 43% less volatile than the S&P 500.

Alta Equipment Group currently has a consensus target price of $13.50, suggesting a potential upside of 164.97%. MGP Ingredients has a consensus target price of $67.00, suggesting a potential upside of 128.51%. Given Alta Equipment Group's higher possible upside, research analysts plainly believe Alta Equipment Group is more favorable than MGP Ingredients.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Alta Equipment Group
0 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.25
MGP Ingredients
0 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.83

Alta Equipment Group pays an annual dividend of $0.22 per share and has a dividend yield of 4.3%. MGP Ingredients pays an annual dividend of $0.48 per share and has a dividend yield of 1.6%. Alta Equipment Group pays out -11.2% of its earnings in the form of a dividend. MGP Ingredients pays out 31.8% 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 is clearly the better dividend stock, given its higher yield and lower payout ratio.

Summary

MGP Ingredients beats Alta Equipment Group on 13 of the 20 factors compared between the two stocks.

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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.
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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.
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ALTG vs. The Competition

MetricAlta Equipment GroupIndustrial machinery & equipment IndustryIndustrials SectorNYSE Exchange
Market Cap$167.42M$1.59B$7.08B$19.74B
Dividend Yield4.28%4.39%3.54%3.75%
P/E Ratio-3.0017.4221.0534.14
Price / Sales0.090.6176.6328.93
Price / Cash1.469.5926.8317.54
Price / Book1.102.733.754.65
Net Income$8.90M$104.20M$793.45M$1.02B
7 Day Performance-1.36%1.52%0.09%1.47%
1 Month Performance-6.43%-2.05%0.10%-0.75%
1 Year Performance-59.56%-11.87%28.77%7.33%

Alta Equipment Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ALTG
Alta Equipment Group
3.0884 of 5 stars
$5.05
-1.6%
$13.50
+167.3%
-60.1%$166.01M$1.88B-2.973,000
MGPI
MGP Ingredients
4.5343 of 5 stars
$32.42
+5.0%
$67.00
+106.7%
-64.8%$689.57M$703.63M6.74690
AMRK
A-Mark Precious Metals
4.8344 of 5 stars
$27.96
+0.8%
$41.75
+49.3%
+0.7%$643.61M$10.59B13.64380Positive News
STKL
SunOpta
3.4108 of 5 stars
$5.35
-0.9%
$9.50
+77.6%
-21.4%$640.60M$723.73M-29.721,450Positive News
ASPN
Aspen Aerogels
4.0349 of 5 stars
$7.38
-0.1%
$19.11
+159.1%
-54.6%$605.19M$452.70M46.10420Positive News
CLMB
Climb Global Solutions
3.3373 of 5 stars
$111.78
+0.3%
$136.00
+21.7%
+62.7%$514.97M$465.61M30.29270
ASLE
AerSale
1.483 of 5 stars
$8.23
-1.9%
$9.00
+9.4%
+14.0%$438.48M$345.07M823.82510
HDSN
Hudson Technologies
2.5141 of 5 stars
$6.03
-0.3%
$7.50
+24.4%
-47.3%$265.47M$237.12M9.28220Positive News
WILC
G. Willi-Food International
2.4974 of 5 stars
$16.50
-6.0%
N/A+53.6%$228.86M$575.80M14.60180Gap Down
AENT
Alliance Entertainment
1.2758 of 5 stars
$3.55
-2.5%
N/A+108.2%$180.90M$1.07B27.31847News Coverage
Gap Up
MMLP
Martin Midstream Partners
1.4728 of 5 stars
$3.76
+0.5%
N/A+43.0%$146.85M$707.62M-28.921,619Analyst Forecast
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This page (NYSE:ALTG) was last updated on 3/25/2025 by MarketBeat.com Staff
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