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48 / 100
AltIndex AI Score
Hold
AI Score · 12-mo trend
+12 pts over 3 months25% of ALTG’s tracked signals bullish
FundamentalsBullish
TechnicalsBullish
Alternative dataNeutral
SentimentNeutral
Price$6.38
Year Range$5.04 – $8.3
Market Cap$220M
IndustryRental & Leasing Services

What Is Alta Equipment Group’s AI Stock Analysis?

Alta Equipment Group’s AI stock analysis on AltIndex combines the company’s fundamentals, price technicals and 25+ alternative data signals — like hiring, web traffic, app downloads and online sentiment — into a single AI Score from 0 to 100 and a plain-English Buy, Hold or Sell read. Unlike a traditional analyst rating that updates a few times a year, the AI Score refreshes as new data arrives, so it tracks Alta Equipment Group’s momentum in near-real time.

Alta Equipment Group (ALTG) has an AltIndex AI Score of 48/100, currently a Hold signal. The AI Score distills Alta Equipment Group's fundamentals, price technicals and 25+ alternative data signals into a single 0–100 rating, so a rising score reflects strengthening data across the board and a falling score the opposite.

Alta Equipment Group’s Full AI Analysis

Alta Equipment Group is a prominent player in the materials handling and construction equipment industry. The company offers equipment sales, parts, and services across a diversified portfolio. Operating through multiple segments, Alta Equipment Group aims to provide comprehensive solutions to its customers. The company's footprint spans a significant part of the North American market, making it a critical entity in its domain.

Fundamental Analysis

In the last quarter, Alta Equipment Group reported a revenue of $476 million. This marks a 15.83% increase compared to the previous quarter—a positive indicator of the company's growth trajectory. However, on a year-over-year basis, the revenue saw a slight decline of 1.18%, raising a potential red flag for long-term sustainability.

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What’s Driving ALTG’s AI Score?

Fundamentals

Revenue for the last quarter was $476M. This is an increase of 15.83% compared to the quarter before it, which is a positive sign of growth. However, compared to the same quarter last year, there is a decrease of 1.18%, which may be a cause for concern. Net income for the last quarter was $-7.5M. This is an increase of -61.54% compared to the quarter before it, which is a positive sign of growth. However, compared to the same quarter last year, there is a decrease of 22.95%, which may be a cause for concern. Ebitda for the last quarter was $12M. This is an increase of 132.00% compared to the quarter before it, which is a positive sign of growth. However, compared to the same quarter last year, there is a decrease of 77.74%, which may be a cause for concern.

See Alta Equipment Group’s earnings and insider transactions.

Technicals

Today's stock price is $6.38. This is an increase of 4.25% compared to a month ago, indicating a positive short-term trend. Compared to a year ago, there is an increase of 0.16%, suggesting a positive long-term trend. The trend is bullish. The current SMA10 is $6.38, which is higher than the previous SMA10 of $6.32. This indicates a potential upward trend in price movement. The RSI is 58.7, indicating a neutral condition.

See the full technical analysis and price prediction.

Alternative data

Alta Equipment Group has an estimated 8 open positions. This number is up by 14% in the last couple of months, indicating a company that looking to grow and expand. Potentially a healthy sign. The business outlook among employees at Alta Equipment Group is low (an estimate of only 44% of employees have a positive outlook), a concerning sign. Add to that that the business outlook is down by -10% in the last couple of months, an even more concerning trend. Alta Equipment Group has an estimate of 43,000 visitors to their webpage. The number of visitors is down by -10% in the last couple of months, a worrisome trend as this can indicate a loss in customers.

Explore Alta Equipment Group’s job postings, web traffic and app downloads.

Sentiment & social

Alta Equipment Group has 1,100 followers on their Twitter page, with no meaningful increase or decrese in the last couple of months.

Track Alta Equipment Group’s market sentiment.

Frequently Asked Questions: Alta Equipment Group AI Stock Analysis

Alta Equipment Group's AltIndex AI Score is 48/100, currently a Hold signal. The AI Score blends fundamentals, technicals and 25+ alternative data signals into a single rating from 0 to 100.

AltIndex's AI Score model rates Alta Equipment Group a Hold (48/100). This is a data-driven signal, not investment advice — review the breakdown above and combine it with your own research.

The AI Score is generated from fundamental data (earnings, valuation), technical indicators (price trend and momentum), and alternative data signals such as hiring, web traffic, app downloads and sentiment. AltIndex weighs these into a single 0-100 score; the exact weighting is proprietary.

AltIndex generates a complete written AI analysis of Alta Equipment Group — company overview, fundamentals, technicals and alternative data, with a recommendation. See the ALTG AI Score or sign up to read the full thesis.

The analytics provided are estimates and not a substitute for professional advice. All investments involve risks, including possible capital loss.