Alta Equipment Group Inc. (ALTG)
Alta Equipment Group Inc. operates in the Rental & Leasing Services industry of the Industrials sector, headquartered in Livonia, MI, US. The stock last traded at $7.72, up 1.38% on the session, giving a market capitalisation of $251.3M. On trailing twelve-month figures it carries a trailing P/E of -3.01, a net margin of -4.4%. Its beta of 1.72 implies it has historically moved more than the broad market.
Alta Equipment Group Inc. (AEG) manages a comprehensive network of equipment dealerships throughout the United States. Its operations are divided into two primary divisions: Material Handling and Construction Equipment. Through its widespread branch network, the company offers sales, rentals, and comprehensive parts and service support for a diverse array of specialized machinery. This includes industrial lift trucks, elevated work platforms, earthmoving machinery, cranes, asphalt and paving equipment, and various other material handling and construction tools. Additionally, they provide ongoing repair and maintenance services for all equipment. Furthermore, AEG extends its offerings to include warehouse design and construction, as well as automated equipment installation and system integration solutions. The company caters to a broad clientele across diverse sectors, including manufacturing, food and beverage, wholesale and retail, construction, automotive, municipal and government entities, and healthcare. Established in 1984, Alta Equipment Group Inc. maintains its corporate headquarters in Livonia, Michigan.
Alta Equipment Group Inc. is most often compared with the following Industrials names: