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Alta Equipment Group (ALTG) Competitors

Alta Equipment Group logo
$6.60
+0.10 (+1.54%)
(As of 11/1/2024 ET)

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

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

Alta Equipment Group vs.

A-Mark Precious Metals (NASDAQ:AMRK) and Alta Equipment Group (NYSE:ALTG) are both small-cap consumer discretionary companies, but which is the better investment? We will contrast the two companies based on the strength of their earnings, institutional ownership, profitability, community ranking, media sentiment, analyst recommendations, risk, dividends and valuation.

75.3% of A-Mark Precious Metals shares are held by institutional investors. Comparatively, 73.6% of Alta Equipment Group shares are held by institutional investors. 48.6% of A-Mark Precious Metals 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.

A-Mark Precious Metals presently has a consensus target price of $49.33, suggesting a potential upside of 32.33%. Alta Equipment Group has a consensus target price of $14.67, suggesting a potential upside of 122.22%. Given Alta Equipment Group's stronger consensus rating and higher probable upside, analysts clearly believe Alta Equipment Group is more favorable than A-Mark Precious Metals.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
A-Mark Precious Metals
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40
Alta Equipment Group
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67

A-Mark Precious Metals received 188 more outperform votes than Alta Equipment Group when rated by MarketBeat users. However, 58.54% of users gave Alta Equipment Group an outperform vote while only 56.99% of users gave A-Mark Precious Metals an outperform vote.

CompanyUnderperformOutperform
A-Mark Precious MetalsOutperform Votes
212
56.99%
Underperform Votes
160
43.01%
Alta Equipment GroupOutperform Votes
24
58.54%
Underperform Votes
17
41.46%

A-Mark Precious Metals has a net margin of 0.68% compared to Alta Equipment Group's net margin of -0.95%. A-Mark Precious Metals' return on equity of 13.28% beat Alta Equipment Group's return on equity.

Company Net Margins Return on Equity Return on Assets
A-Mark Precious Metals0.68% 13.28% 4.79%
Alta Equipment Group -0.95%-13.09%-1.18%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
A-Mark Precious Metals$9.70B0.09$68.55M$2.7513.56
Alta Equipment Group$1.88B0.12$8.90M-$0.64-10.31

A-Mark Precious Metals has a beta of -0.04, indicating that its stock price is 104% less volatile than the S&P 500. Comparatively, Alta Equipment Group has a beta of 1.67, indicating that its stock price is 67% more volatile than the S&P 500.

A-Mark Precious Metals pays an annual dividend of $0.80 per share and has a dividend yield of 2.1%. Alta Equipment Group pays an annual dividend of $0.23 per share and has a dividend yield of 3.5%. A-Mark Precious Metals pays out 29.1% of its earnings in the form of a dividend. Alta Equipment Group pays out -35.9% 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.

In the previous week, A-Mark Precious Metals and A-Mark Precious Metals both had 2 articles in the media. A-Mark Precious Metals' average media sentiment score of 1.14 beat Alta Equipment Group's score of -1.00 indicating that A-Mark Precious Metals is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
A-Mark Precious Metals
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Alta Equipment Group
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Negative

Summary

A-Mark Precious Metals beats Alta Equipment Group on 11 of the 18 factors compared between the two stocks.

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 IndustryIndustrial SectorNYSE Exchange
Market Cap$218.39M$1.52B$9.37B$19.27B
Dividend Yield3.49%3.78%2.01%3.53%
P/E Ratio-10.3115.1621.8943.29
Price / Sales0.120.588.8414.55
Price / Cash1.478.3019.4820.89
Price / Book1.432.583.965.40
Net Income$8.90M$104.20M$458.88M$985.39M
7 Day Performance6.45%-1.89%-0.11%-0.71%
1 Month Performance6.11%-4.57%-1.57%-0.98%
1 Year Performance-33.80%-1.59%33.62%25.02%

Alta Equipment Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ALTG
Alta Equipment Group
2.5143 of 5 stars
$6.60
+1.5%
$14.67
+122.2%
-28.6%$218.39M$1.88B-10.313,000Short Interest ↑
News Coverage
Negative News
AMRK
A-Mark Precious Metals
4.4396 of 5 stars
$37.28
-4.0%
$49.33
+32.3%
+43.2%$863.78M$9.70B13.56380Upcoming Earnings
Short Interest ↓
News Coverage
Positive News
CAPL
CrossAmerica Partners
3.0893 of 5 stars
$21.26
-0.4%
N/A-7.6%$808.45M$4.30B37.962,220Upcoming Earnings
RYI
Ryerson
3.885 of 5 stars
$21.50
-1.3%
$28.00
+30.2%
-24.7%$684.71M$4.70B35.254,600Earnings Report
Dividend Cut
News Coverage
ITRN
Ituran Location and Control
2.73 of 5 stars
$26.88
+0.6%
N/A+8.0%$534.64M$319.98M10.542,841Short Interest ↑
CLMB
Climb Global Solutions
2.6552 of 5 stars
$100.18
-2.2%
$90.00
-10.2%
+131.7%$461.83M$352.01M27.15270Dividend Announcement
News Coverage
High Trading Volume
HDSN
Hudson Technologies
4.6049 of 5 stars
$7.42
-3.3%
$10.30
+38.8%
-41.4%$337.76M$289.02M9.64220Upcoming Earnings
Analyst Downgrade
Short Interest ↓
Analyst Revision
News Coverage
ASLE
AerSale
3.8474 of 5 stars
$5.37
+1.9%
$9.00
+67.6%
-64.9%$285.74M$334.50M-537,000.00707Upcoming Earnings
News Coverage
HFFG
HF Foods Group
1.2588 of 5 stars
$3.44
+0.6%
N/A-11.8%$181.39M$1.15B49.141,049
WILC
G. Willi-Food International
1.296 of 5 stars
$11.45
-2.4%
N/A+30.7%$158.78M$545.36M13.80180News Coverage
Gap Down
MMLP
Martin Midstream Partners
2.4477 of 5 stars
$3.98
+0.3%
N/A+59.8%$155.22M$797.96M39.801,619Analyst Forecast
High Trading Volume

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This page (NYSE:ALTG) was last updated on 11/2/2024 by MarketBeat.com Staff
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