Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Alta Equipment Group Inc. before investing.
In this article, we go over a few key elements for understanding Alta Equipment Group Inc.’s stock price such as:
- Alta Equipment Group Inc.’s current stock price and volume
- Why Alta Equipment Group Inc.’s stock price changed recently
- Upgrades and downgrades for ALTG from analysts
- ALTG’s stock price momentum as measured by its relative strength
About Alta Equipment Group Inc. (ALTG)
Before we jump into Alta Equipment Group Inc.’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.
Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States and Canada. It operates through three segments: Material Handling, Construction Equipment, and Master Distribution. The company sells, rents, and provides parts and service support for various categories of specialized equipment, including lift trucks and other material handling equipment, heavy and compact earthmoving equipment, crushing and screening equipment, environmental processing equipment, cranes and aerial work platforms, paving and asphalt equipment, and other construction equipment and related products. It also sells new and used equipment; and sells and distributes replacement parts. In addition, the company offers repair and maintenance services for its equipment; designs and builds services related to automated equipment installation and warehouse management systems integration solutions; and sell new heavy construction, material handling, and environmental processing equipment, as well as tangential products and services. Further, it rents heavy construction, compact, aerial, material handling, and various other types of equipment; and sells rental equipment from its rental fleet; and offers maintenance and repair services. It serves food and beverage, diversified manufacturing, automotive, municipal/government, education, pharmaceutical and medical, wholesale and retail distribution, construction, agriculture and forestry, road building, aggregate and mining, utilities and power generation, and recycling and waste management, and other sectors. Alta Equipment Group Inc. was founded in 1984 and is headquartered in Livonia, Michigan.
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Alta Equipment Group Inc.’s Stock Price as of Market Close
As of July 31, 2026, 4:00 PM, CST, Alta Equipment Group Inc.’s stock price was $6.580.
Alta Equipment Group Inc. is up 8.4% from its previous closing price of $6.070.
During the last market session, Alta Equipment Group Inc.’s stock traded between $6.020 and $6.680. Currently, there are approximately 32.62 million shares outstanding for Alta Equipment Group Inc..
Alta Equipment Group Inc.’s trailing earnings per share are negative, so the stock does not have a meaningful P/E ratio. We suggest investors evaluate other financial metrics to understand its overall valuation.
Alta Equipment Group Inc. Stock Price History
Alta Equipment Group Inc.’s (ALTG) price is currently up 1.7% so far this month.
During the month of July, Alta Equipment Group Inc.’s stock price has reached a high of $7.160 and a low of $5.830.
Over the last year, Alta Equipment Group Inc. has hit prices as high as $8.880 and as low as $4.155. Year to date, Alta Equipment Group Inc.’s stock is up 43.04%.
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What Caused Alta Equipment Group Inc. Stock’s Price to Rise?
Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?
When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of July 31, 2026, there were 0 analysts who downgraded Alta Equipment Group Inc.’s stock and 1 analyst who upgraded over the last month.
Additionally, you'll want to evaluate Alta Equipment Group Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Alta Equipment Group Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.
Alta Equipment Group Inc.’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.
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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Alta Equipment Group Inc. (ALTG) by visiting AAII Stock Evaluator.
Relative Price Strength of Alta Equipment Group Inc.
Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.
For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.
As of July 31, 2026, Alta Equipment Group Inc. has a weighted four-quarter relative price strength of -8.82%, which translates to a Momentum Score of 27 and is considered to be Weak.
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Alta Equipment Group Inc. Stock Price: Bottom Line
As of July 31, 2026, Alta Equipment Group Inc.’s stock price is $6.580, which is up 8.4% from its previous closing price.
AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Alta Equipment Group Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.
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