Alta Equipment Group Inc. (ALTG)
NYSE: ALTG · Real-Time Price · USD
4.930
+0.350 (7.64%)
At close: May 12, 2025, 4:00 PM
4.930
0.00 (0.00%)
After-hours: May 12, 2025, 7:00 PM EDT
Alta Equipment Group Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Alta Equipment Group stock have an average target of 13.5, with a low estimate of 8.50 and a high estimate of 20. The average target predicts an increase of 173.83% from the current stock price of 4.93.
Analyst Consensus: Buy
* Price targets were last updated on Mar 10, 2025.
Analyst Ratings
The average analyst rating for Alta Equipment Group stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Hold Maintains $9 → $8.5 | Hold | Maintains | $9 → $8.5 | +72.41% | Mar 10, 2025 |
| Raymond James | Raymond James | Hold Maintains $10 → $9 | Hold | Maintains | $10 → $9 | +82.56% | Nov 14, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy → Hold Downgrades $30 → $20 | Buy → Hold | Downgrades | $30 → $20 | +305.68% | Nov 13, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $20 → $12 | Strong Buy | Maintains | $20 → $12 | +143.41% | Aug 13, 2024 |
| Raymond James | Raymond James | Buy → Hold Downgrades $14 → $10 | Buy → Hold | Downgrades | $14 → $10 | +102.84% | Aug 9, 2024 |
Financial Forecast
Revenue This Year
1.94B
from 1.88B
Increased by 3.54%
Revenue Next Year
2.01B
from 1.94B
Increased by 3.40%
EPS This Year
-1.45
from -1.96
EPS Next Year
-1.02
from -1.45
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 2.0B | 2.2B | 2.2B | ||
| Avg | 1.9B | 2.0B | 2.1B | ||
| Low | 1.8B | 1.9B | 2.0B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 9.1% | 10.7% | 8.0% | ||
| Avg | 3.5% | 3.4% | 4.9% | ||
| Low | -1.9% | -4.3% | 0.7% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | -1.23 | -0.80 | -0.27 | ||
| Avg | -1.45 | -1.02 | -0.27 | ||
| Low | -1.54 | -1.11 | -0.25 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | - | - | - | ||
| Avg | - | - | - | ||
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.