Alta Equipment Group Inc. (ALTG) is a Rental & Leasing Services company in the Industrials sector, currently trading at $6.51. It has a SharesGrow Score of 45/100, indicating a mixed investment profile with 2 out of 7 criteria passed.
SharesGrow calculates the intrinsic value of ALTG = $769.63 (+11722.3% from the current price, the stock appears undervalued). Analyst consensus target is ALTG = $8 (+26.7% upside).
Valuation: ALTG trades at a trailing Price-to-Earnings (P/E) of -2.3 (S&P 500 average ~25) with a forward Price/Earnings-to-Growth (PEG) of 0.08.
Financials: revenue is $1.8B, +5.7%/yr average growth. Net income is $80M (loss), growing at -277.1%/yr. Net profit margin is -4.4% (negative). Gross margin is 25.9% (-0.8 pp trend).
Balance sheet: total debt is $1.2B with negative equity of -$9M — this means total liabilities exceed total assets. This is a warning sign that may indicate accumulated losses, aggressive share buybacks, heavy debt financing, or aggressive dividend payouts. Companies like McDonald's and Starbucks also carry negative equity due to buybacks and dividends, but investors should assess whether the business generates sufficient cash flow to service its debt and sustain payouts. Current ratio is 1.43 (adequate). Debt-to-assets is 87.5%. Total assets: $1.3B.
Analyst outlook: 3 / 5 analysts rate ALTG as buy (60%) — moderate consensus.
SharesGrow 7-Criteria breakdown: Value 83/100 (Pass), Growth 40/100 (Partial), Past 50/100 (Partial), Health 25/100 (Fail), Moat 37/100 (Fail), Future 67/100 (Pass), Income 10/100 (Fail).
