Head-To-Head Contrast: Alta Equipment Group (ALTG) and Its Rivals

Alta Equipment Group (NYSE:ALTG) is one of 69 public companies in the “MACH – GENL INDL” industry, but how does it contrast to its competitors? We will compare Alta Equipment Group to related companies based on the strength of its profitability, institutional ownership, dividends, analyst recommendations, valuation, earnings and risk.

Dividends

Alta Equipment Group pays an annual dividend of $0.23 per share and has a dividend yield of 3.0%. Alta Equipment Group pays out -10.3% of its earnings in the form of a dividend. As a group, “MACH – GENL INDL” companies pay a dividend yield of 1.1% and pay out 25.4% of their earnings in the form of a dividend. Alta Equipment Group is clearly a better dividend stock than its competitors, given its higher yield and lower payout ratio.

Profitability

This table compares Alta Equipment Group and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Alta Equipment Group	-3.83%	-80.23%	-4.64%
Alta Equipment Group Competitors	8.57%	12.70%	7.08%

Risk & Volatility

Alta Equipment Group has a beta of 1.55, suggesting that its share price is 55% more volatile than the S&P 500. Comparatively, Alta Equipment Group’s competitors have a beta of 11.39, suggesting that their average share price is 1,039% more volatile than the S&P 500.

Analyst Recommendations

This is a summary of current ratings and price targets for Alta Equipment Group and its competitors, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Alta Equipment Group	0	3	1	1	2.60
Alta Equipment Group Competitors	338	2443	3099	123	2.50

Alta Equipment Group currently has a consensus target price of $11.25, indicating a potential upside of 47.64%. As a group, “MACH – GENL INDL” companies have a potential upside of 8.88%. Given Alta Equipment Group’s stronger consensus rating and higher possible upside, equities analysts clearly believe Alta Equipment Group is more favorable than its competitors.

Institutional & Insider Ownership

73.6% of Alta Equipment Group shares are held by institutional investors. Comparatively, 73.4% of shares of all “MACH – GENL INDL” companies are held by institutional investors. 19.2% of Alta Equipment Group shares are held by insiders. Comparatively, 6.1% of shares of all “MACH – GENL INDL” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Earnings & Valuation

This table compares Alta Equipment Group and its competitors gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Alta Equipment Group	$1.88 billion	-$62.10 million	-3.42
Alta Equipment Group Competitors	$4.72 billion	$501.64 million	19.19

Alta Equipment Group’s competitors have higher revenue and earnings than Alta Equipment Group. Alta Equipment Group is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Summary

Alta Equipment Group competitors beat Alta Equipment Group on 8 of the 15 factors compared.

Alta Equipment Group Company Profile

Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States. It operates through three segments: Material Handling, Construction Equipment, and Master Distribution. The company operates a branch network that 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 offers repair and maintenance services for its equipment. In addition, the company designs and builds warehouses; provides automated equipment installation and system integration solutions; and distributes environmental processing equipment. It serves various manufacturing, food and beverage, automotive, municipal/government, education, pharmaceutical and medical, wholesale and retail distribution, construction, agriculture, road building, mining, recycling, and waste management sectors. Alta Equipment Group Inc. was founded in 1984 and is headquartered in Livonia, Michigan.