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Alta Equipment Group (ALTG) Competitors

Alta Equipment Group logo
$6.65 +0.05 (+0.76%)
(As of 12/20/2024 05:15 PM ET)

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

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

Alta Equipment Group vs.

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

Alta Equipment Group currently has a consensus price target of $15.75, suggesting a potential upside of 136.84%. Given Alta Equipment Group's stronger consensus rating and higher probable upside, analysts clearly believe Alta Equipment Group is more favorable than CrossAmerica Partners.

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
CrossAmerica Partners
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Alta Equipment Group$1.90B0.12$8.90M-$1.70-3.91
CrossAmerica Partners$4.17B0.20$42.59M$0.5241.69

In the previous week, Alta Equipment Group's average media sentiment score of 0.00 equaled CrossAmerica Partners'average media sentiment score.

Company Overall Sentiment
Alta Equipment Group Neutral
CrossAmerica Partners Neutral

Alta Equipment Group pays an annual dividend of $0.22 per share and has a dividend yield of 3.3%. CrossAmerica Partners pays an annual dividend of $2.10 per share and has a dividend yield of 9.7%. Alta Equipment Group pays out -12.9% of its earnings in the form of a dividend. CrossAmerica Partners pays out 403.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

Alta Equipment Group has a beta of 1.71, indicating that its share price is 71% more volatile than the S&P 500. Comparatively, CrossAmerica Partners has a beta of 1.48, indicating that its share price is 48% more volatile than the S&P 500.

CrossAmerica Partners received 331 more outperform votes than Alta Equipment Group when rated by MarketBeat users. Likewise, 64.20% of users gave CrossAmerica Partners an outperform vote while only 54.55% of users gave Alta Equipment Group an outperform vote.

CompanyUnderperformOutperform
Alta Equipment GroupOutperform Votes
24
54.55%
Underperform Votes
20
45.45%
CrossAmerica PartnersOutperform Votes
355
64.20%
Underperform Votes
198
35.80%

CrossAmerica Partners has a net margin of 0.50% compared to Alta Equipment Group's net margin of -2.81%. Alta Equipment Group's return on equity of -42.09% beat CrossAmerica Partners' return on equity.

Company Net Margins Return on Equity Return on Assets
Alta Equipment Group-2.81% -42.09% -3.40%
CrossAmerica Partners 0.50%-104.40%2.77%

73.6% of Alta Equipment Group shares are owned by institutional investors. Comparatively, 24.1% of CrossAmerica Partners shares are owned by institutional investors. 19.9% of Alta Equipment Group shares are owned by insiders. Comparatively, 52.0% of CrossAmerica Partners shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Summary

CrossAmerica Partners 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$219.49M$1.56B$9.23B$19.18B
Dividend Yield3.45%3.74%2.09%3.61%
P/E Ratio-3.9116.5921.0841.30
Price / Sales0.120.604.8617.58
Price / Cash1.739.5619.2621.28
Price / Book1.442.764.225.32
Net Income$8.90M$104.20M$398.18M$989.88M
7 Day Performance-9.89%-6.08%-4.86%-3.54%
1 Month Performance-11.45%-5.29%-2.10%-3.68%
1 Year Performance-45.40%8.14%14.80%12.14%

Alta Equipment Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ALTG
Alta Equipment Group
2.5358 of 5 stars
$6.65
+0.8%
$15.75
+136.8%
-44.7%$219.49M$1.90B-3.913,000Positive News
CAPL
CrossAmerica Partners
1.33 of 5 stars
$21.75
-2.1%
N/A-4.3%$827.52M$4.17B42.712,220
RYI
Ryerson
4.2284 of 5 stars
$21.93
-1.5%
$28.00
+27.7%
-43.8%$698.41M$4.70B35.744,600News Coverage
Positive News
AMRK
A-Mark Precious Metals
4.2404 of 5 stars
$28.14
-1.0%
$46.33
+64.7%
-13.7%$652.40M$9.93B11.88380Analyst Upgrade
News Coverage
Positive News
ITRN
Ituran Location and Control
3.1708 of 5 stars
$30.62
-0.2%
N/A+12.2%$609.15M$331.18M11.832,841
CLMB
Climb Global Solutions
1.7272 of 5 stars
$131.66
+3.6%
$136.00
+3.3%
+118.8%$606.95M$352.01M34.45270Positive News
ASLE
AerSale
3.8651 of 5 stars
$6.26
+1.8%
$9.00
+43.8%
-50.9%$333.10M$344.75M615.00707Analyst Upgrade
News Coverage
Positive News
HDSN
Hudson Technologies
4.2877 of 5 stars
$5.43
-3.4%
$7.85
+44.6%
-59.2%$245.43M$247.33M8.65220
WILC
G. Willi-Food International
1.9486 of 5 stars
$16.85
+2.6%
N/A+76.9%$233.71M$149.78M14.54180News Coverage
Positive News
CGTL
Creative Global Technology
N/A$9.50
+33.8%
N/AN/A$203.66M$42.95M0.00N/AGap Up
HFFG
HF Foods Group
1.8364 of 5 stars
$3.83
+0.5%
N/A-35.4%$201.99M$1.18B-127.001,049News Coverage
Gap Down

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This page (NYSE:ALTG) was last updated on 12/21/2024 by MarketBeat.com Staff
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