Alta Equipment Group upgraded by Northland Capital with a new price target
$ALTG
Industrial Machinery/Components
Industrials
Northland Capital upgraded Alta Equipment Group from Market Perform to Outperform and set a new price target of $20.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/18/2025 | $8.00 | Buy → Neutral | DA Davidson |
| 7/8/2025 | $20.00 | Market Perform → Outperform | Northland Capital |
| 3/27/2025 | $10.00 | Buy | B. Riley Securities |
| 11/13/2024 | $20.00 | Outperform → Market Perform | Northland Capital |
| 9/23/2022 | $25.00 | Outperform | Northland Capital |
| 1/4/2022 | $21.00 → $22.00 | Buy | B. Riley Securities |
| 11/12/2021 | $19.00 → $21.00 | Buy | B. Riley Securities |
10-Q - ALTA EQUIPMENT GROUP INC. (0001759824) (Filer)
8-K - ALTA EQUIPMENT GROUP INC. (0001759824) (Filer)
8-K - ALTA EQUIPMENT GROUP INC. (0001759824) (Filer)
Third Quarter Financial Highlights: Total revenues decreased $26.2 million year over year to $422.6 million Material Handling revenues decreased $1.0 million year over year to $167.9 million, while Construction Equipment and Master Distribution revenues decreased a combined $23.9 million year over year to $256.6 millionProduct support revenues increased 1.1% year over year to $141.7 million for the quarterProduct support gross profit percentage increased 160 basis points year over year to 47.2%Selling, general and administrative expenses decreased by $4.7 million year over yearIncome tax expense of $24.4 million primarily related to valuation allowance impacts of the One Big Beaut
LIVONIA, Mich. , Oct. 30, 2025 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE:ALTG) ("Alta" or "the Company"), a leading provider of premium material handling, construction and environmental processing equipment and related services, today announced that it will report its financial results for the third quarter ended September 30, 2025, after the U.S. markets close on Thursday, November 6, 2025. In conjunction with this announcement, Alta management will host a conference call and webcast that afternoon at 5:00 p.m. Eastern Time to discuss and answer questions about the Company's financial results. Prior to the conference call and webcast, Alta will issue a press release and suppleme
LIVONIA, Mich., Oct. 03, 2025 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE:ALTG) ("Alta" or "the Company"), a leading provider of premium material handling, construction and environmental processing equipment and related services, today announced that its Board of Directors approved the quarterly dividend on its Series A Cumulative Perpetual Preferred Stock in the amount of $625 per preferred share. This will equate to a dividend of $0.625 for each of the outstanding Depositary Shares representing a 1/1000th fractional interest in one share of Series A Preferred. The dividend payment date is October 31, 2025, to shareholders of record at the close of business on October 15, 2025. A
4 - ALTA EQUIPMENT GROUP INC. (0001759824) (Issuer)
4 - ALTA EQUIPMENT GROUP INC. (0001759824) (Issuer)
4 - ALTA EQUIPMENT GROUP INC. (0001759824) (Issuer)
4 - ALTA EQUIPMENT GROUP INC. (0001759824) (Issuer)
4 - ALTA EQUIPMENT GROUP INC. (0001759824) (Issuer)
4 - ALTA EQUIPMENT GROUP INC. (0001759824) (Issuer)
DA Davidson downgraded Alta Equipment Group from Buy to Neutral and set a new price target of $8.00
Northland Capital upgraded Alta Equipment Group from Market Perform to Outperform and set a new price target of $20.00
B. Riley Securities resumed coverage of Alta Equipment Group with a rating of Buy and set a new price target of $10.00
LIVONIA, Mich., Sept. 04, 2024 (GLOBE NEWSWIRE) -- On September 1, 2024, the Board of Directors (the "Board") of Alta Equipment Group Inc. (the "Company") elected Colin Wilson to join the Board of the Company, effective immediately, filling a vacancy. Mr. Wilson was elected to the class of directors whose term expires at the Company's annual meeting of shareholders in 2026. Mr. Wilson, age 70, has over 40 years of experience in the materials handling industry. He began his career in 1970 with Coles Cranes in Sunderland, England, where he worked in production engineering, marketing, product management and overseas licensing. After time with a compressor company and a European lift truck
LIVONIA, Mich., April 12, 2024 (GLOBE NEWSWIRE) -- On April 8, 2024, the Board of Directors (the "Board") of Alta Equipment Group Inc. (NYSE:ALTG) ("Alta" or "the Company"), a leading provider of premium material handling, construction and environmental processing equipment and related services, approved the appointment of Katherine White as the Chair of the Nominating and Governance Committee and Sidhartha Nair, who recently joined the Board effective February 22, 2024, as the Chair of the Compensation Committee, effective immediately. On April 8, 2024, Zachary Savas informed the Board of his resignation, effective immediately, and wished the Company well in the future. The Company and t
LIVONIA, Mich., Feb. 26, 2024 (GLOBE NEWSWIRE) -- On February 22, 2024, Alta Equipment Group Inc. (NYSE:ALTG) ("Alta" or "the Company"), a leading provider of premium material handling, construction and environmental processing equipment and related services, increased the size of the Board of Directors (the "Board") from five to six directors and subsequently appointed Sidhartha Nair to the Board, effective immediately. Mr. Nair, age 52, is the Head of Strategy, Americas Region, for Mercedes-Benz Mobility and leads Strategic and Transformation activities in the U.S., Canada and Mexico since December 2021. Mr. Nair first joined Daimler Financial Services in 2003 and has held roles of in
SC 13G/A - ALTA EQUIPMENT GROUP INC. (0001759824) (Subject)
SC 13D/A - ALTA EQUIPMENT GROUP INC. (0001759824) (Subject)
SC 13G - ALTA EQUIPMENT GROUP INC. (0001759824) (Subject)
Third Quarter Financial Highlights: Total revenues decreased $26.2 million year over year to $422.6 million Material Handling revenues decreased $1.0 million year over year to $167.9 million, while Construction Equipment and Master Distribution revenues decreased a combined $23.9 million year over year to $256.6 millionProduct support revenues increased 1.1% year over year to $141.7 million for the quarterProduct support gross profit percentage increased 160 basis points year over year to 47.2%Selling, general and administrative expenses decreased by $4.7 million year over yearIncome tax expense of $24.4 million primarily related to valuation allowance impacts of the One Big Beaut
LIVONIA, Mich. , Oct. 30, 2025 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE:ALTG) ("Alta" or "the Company"), a leading provider of premium material handling, construction and environmental processing equipment and related services, today announced that it will report its financial results for the third quarter ended September 30, 2025, after the U.S. markets close on Thursday, November 6, 2025. In conjunction with this announcement, Alta management will host a conference call and webcast that afternoon at 5:00 p.m. Eastern Time to discuss and answer questions about the Company's financial results. Prior to the conference call and webcast, Alta will issue a press release and suppleme
LIVONIA, Mich., Oct. 03, 2025 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE:ALTG) ("Alta" or "the Company"), a leading provider of premium material handling, construction and environmental processing equipment and related services, today announced that its Board of Directors approved the quarterly dividend on its Series A Cumulative Perpetual Preferred Stock in the amount of $625 per preferred share. This will equate to a dividend of $0.625 for each of the outstanding Depositary Shares representing a 1/1000th fractional interest in one share of Series A Preferred. The dividend payment date is October 31, 2025, to shareholders of record at the close of business on October 15, 2025. A