Alta (NYSE:ALTG) Misses Q3 Sales Targets, Stock Drops 15.9% [Yahoo! Finance]
Alta Equipment Group Inc. Class A (ALTG)
Company Research
Source: Yahoo! Finance
Its non-GAAP loss of $0.72 per share was also 700% below analysts' consensus estimates. Is now the time to buy Alta? Find out in our full research report Revenue: $448.8 million vs analyst estimates of $479.9 million (6.5% miss) Adjusted EPS: -$0.72 vs analyst estimates of -$0.09 (-$0.63 miss) EBITDA: $43.2 million vs analyst estimates of $48 million (10% miss) Gross Margin (GAAP): 27.8%, in line with the same quarter last year Operating Margin: 1.5%, down from 3% in the same quarter last year EBITDA Margin: 9.6%, down from 10.9% in the same quarter last year Free Cash Flow was $69.5 million, up from -$4.5 million in the same quarter last year Market Capitalization: $280 million LIVONIA, Mich., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta”, "we", "our" or the “Company”), a leading provider of premium material handling, construction and environmental processing equipment and related services, today announced financial results for t
Show less
Read more
Impact Snapshot
Event Time:
ALTG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ALTG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ALTG alerts
High impacting Alta Equipment Group Inc. Class A news events
Weekly update
A roundup of the hottest topics
ALTG
News
- Analysts Have Been Trimming Their Alta Equipment Group Inc. (NYSE:ALTG) Price Target After Its Latest Report [Yahoo! Finance]Yahoo! Finance
- Alta Equipment Group Inc. (NYSE: ALTG) had its price target lowered by analysts at Raymond James from $10.00 to $9.00. They now have a "market perform" rating on the stock.MarketBeat
- Alta Equipment Group Inc. (NYSE: ALTG) was downgraded by analysts at Northland Capmk from a "strong-buy" rating to a "hold" rating.MarketBeat
- Alta Equipment Group Third Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Alta Equipment Group Inc. (NYSE: ALTG) had its "market perform" rating re-affirmed by analysts at Northland Securities. They now have a $20.00 price target on the stock, down previously from $30.00.MarketBeat
ALTG
Earnings
- 11/12/24 - Miss
ALTG
Sec Filings
- 11/13/24 - Form SC
- 11/12/24 - Form 10-Q
- 11/12/24 - Form 8-K
- ALTG's page on the SEC website