Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Unpacking Q2 Earnings: Alta (NYSE:ALTG) In The Context Of Other Specialty Equipment Distributors Stocks [Yahoo! Finance]

Alta Equipment Group Inc. Class A (ALTG) 
Company Research Source: Yahoo! Finance
Today we are looking at Alta (NYSE:ALTG) and the best and worst performers in the specialty equipment distributors industry. Historically, specialty equipment distributors have boasted deep selection and expertise in sometimes narrow areas like single-use packaging or unique lighting equipment. Additionally, the industry has evolved to include more automated industrial equipment and machinery over the last decade, driving efficiencies and enabling valuable data collection. Specialty equipment distributors whose offerings keep up with these trends can take share in a still-fragmented market, but like the broader industrials sector, this space is at the whim of economic cycles that impact the capital spending and manufacturing propelling industry volumes. The 10 specialty equipment distributors stocks we track reported a weak Q2. As a group, revenues missed analysts' consensus estimates by 1.7%. Stocks--especially those trading at higher multiples--had a strong end of 2023, but th 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
Opt-in for
ALTG alerts

from News Quantified
Opt-in for
ALTG alerts

from News Quantified