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Alta Equipment (ALTG) Surges 6.7%: Is This an Indication of Further Gains?
Zacks Investment Research· 2024-02-09 12:35
Group 1 - Alta Equipment Group Inc. (ALTG) shares increased by 6.7% to $11.74, following a period of 7.6% loss over the past four weeks, indicating a significant recovery in stock performance [1] - The rally in Alta Equipment's stock is attributed to strong momentum in its construction and material handling businesses, along with solid orders and recent acquisitions of Burris Equipment and Ault Industries [1] - The company is projected to report a quarterly loss of $0.05 per share, unchanged from the previous year, with expected revenues of $478.68 million, reflecting an 11.7% increase year-over-year [1] Group 2 - The consensus EPS estimate for Alta Equipment has remained stable over the last 30 days, suggesting that the stock's price movement may not sustain without changes in earnings estimate revisions [2] - Alta Equipment holds a Zacks Rank of 3 (Hold), indicating a neutral outlook in the market [2] - The company operates within the Zacks Manufacturing - General Industrial industry, which includes other stocks like Xometry (XMTR), which also experienced a 4.3% increase in its stock price [2]
Alta Equipment Group Announces Common Stock Dividend
Newsfilter· 2024-02-02 12:00
LIVONIA, Mich., Feb. 02, 2024 (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 common stock in the amount of $0.057 per share. The dividend payment date is February 29, 2024, to shareholders of record at the close of business on February 15, 2024. About Alta Equipment G ...
Alta Equipment Group Appoints Jeff Hoover as Chief Legal Officer and General Counsel
Newsfilter· 2024-01-22 21:30
LIVONIA, Mich., Jan. 22, 2024 (GLOBE NEWSWIRE) -- On January 18, 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, appointed Jeff Hoover as Chief Legal Officer and General Counsel effective immediately. Mr. Hoover comes to Alta via Dinsmore & Shohl LLP, a national law firm, and prior to that Howard & Howard Attorneys, PLLC where he was a Partner at both firms and sp ...
Alta Equipment (ALTG) - 2023 Q3 - Earnings Call Transcript
2023-11-11 17:37
Alta Equipment Group Inc (NYSE:ALTG) Q3 2023 Earnings Conference Call November 8, 2023 5:00 PM ET Company Participants Jason Dammeyer - Investor Relations Ryan Greenawalt - Chairman and Chief Executive Officer Tony Colucci - Chief Financial Officer Conference Call Participants Alex Rygiel - B. Riley Matt Summerville - D.A. Davidson Steve Hansen - Raymond James Ted Jackson - Northland Securities Steve Ramsey - Thompson Research Group Operator Good afternoon and thank you for attending the Alta Equipment Grou ...
Alta Equipment (ALTG) - 2023 Q3 - Earnings Call Presentation
2023-11-11 17:34
EARNINGS PRESENTATION THIRD QUARTER 2023 LEGAL DISCLAIMERS Forward-LookingInformation Thispresentationincludes“forward-lookingstatements”withinthemeaningofthe“safeharbor”provisionsof thePrivateSecuritiesLitigationReformActof 1995.Alta’sactualresultsmay differfromtheirexpectations,estimatesandprojectionsandconsequently,youshouldnotrelyontheseforward-lookingstatementsaspredictionsoffutureevents.Wordssuchas“expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “co ...
Alta Equipment (ALTG) - 2023 Q3 - Quarterly Report
2023-11-07 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ALTA EQUIPMENT GROUP INC. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation) | --- | --- | |----------------|-----------------------| | ...
Alta Equipment (ALTG) - 2023 Q2 - Earnings Call Transcript
2023-08-10 06:23
Alta Equipment Group Inc. (NYSE:ALTG) Q2 2023 Earnings Conference Call August 9, 2023 5:00 PM ET Company Participants Jason Dammeyer – Director, SEC Reporting and Technical Accounting Ryan Greenawalt - Chairman and Chief Executive Officer Tony Colucci - Chief Financial Officer Conference Call Participants Matt Summerville - D.A. Davidson Alex Rygiel - B. Riley Ted Jackson - Northland Steve Hansen - Raymond James Operator Good afternoon, and thank you for attending the Alta Equipment Group Second Quarter 202 ...
Alta Equipment (ALTG) - 2023 Q2 - Earnings Call Presentation
2023-08-10 04:25
EARNINGS PRESENTATION SECOND QUARTER 2023 LEGAL DISCLAIMERS Forward-LookingInformation Thispresentationincludes“forward-lookingstatements”withinthemeaningofthe“safeharbor”provisionsofthePrivateSecuritiesLitigationReformActof1995.Alta’sactualresultsmay differfromtheirexpectations,estimatesandprojectionsandconsequently,youshouldnotrelyontheseforward-lookingstatementsaspredictionsoffutureevents.Wordssuchas“expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “cou ...
Alta Equipment (ALTG) - 2023 Q2 - Quarterly Report
2023-08-08 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ALTA EQUIPMENT GROUP INC. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation) | --- | --- | |----------------|-----------------------| | | | | ...
Alta Equipment (ALTG) - 2023 Q1 - Earnings Call Transcript
2023-05-12 19:22
Alta Equipment Group Inc. (NYSE:ALTG) Q1 2023 Earnings Conference Call May 10, 2023 5:00 PM ET Company Participants Jason Dammeyer - Director-SEC Reporting & Technical Accounting Ryan Greenawalt - Chairman & Chief Executive Officer Tony Colucci - Chief Financial Officer Conference Call Participants Will Jellison - DA Davidson Alex Rygiel - B. Riley Ted Jackson - Northland Securities Bryan Fast - Raymond James Operator Good afternoon, and thank you for attending today's Alta Equipment Group First Quarter 202 ...