alta equipment company is a leading provider of industrial forklifts, heavy construction equipment and warehouse solutions in the midwest. our core commitment is to provide outstanding service that exceeds our customers' expectations. by investing in our people, products and facilities, we ensure our customers excellent value and consistent service. alta equipment company's wide variety of products includes forklifts, wheel loaders, excavators, pavers, and materials handling products such as pallet racking, ergonomic equipment and modular building systems. our core brands include hyster lift trucks, yale lift trucks, volvo construction equipment, combilift fork lifts, link-belt cranes, gomaco concrete pavers. to further support our customers' needs, we offer a rental fleet of more than 1,250 units, a large inventory of used equipment, flexible options for fleet maintenance, training courses for operators and technicians, and a variety of financing options .
Company profile
Ticker
ALTG, ALTG+A
Exchange
Website
CEO
Ryan Greenawalt
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
B. Riley Principal Merger Corp.
SEC CIK
Corporate docs
Subsidiaries
Alta Equipment Holdings, Inc. • Alta Enterprises, LLC • Alta Industrial Equipment Michigan, LLC • Alta Industrial Equipment Company • NITCO, LLC • Peaklogix, LLC • Alta Industrial Equipment New York, LLC • Alta Material Handling New York State, LLC • Alta Equipment Canada Holdings, Inc. • Alta Canada Holdings Inc. ...
IRS number
832583782
ALTG stock data
Latest filings (excl ownership)
8-K
Alta Equipment Group Announces Board Refreshment
12 Apr 24
8-K
Alta Equipment Group Announces Preferred Stock Dividend
3 Apr 24
10-K
2023 FY
Annual report
14 Mar 24
8-K
Earnings Press Release
14 Mar 24
8-K
Alta Equipment Group Appoints Sidhartha Nair as Director
26 Feb 24
8-K
Alta Equipment Group Announces Common Stock Dividend
2 Feb 24
8-K
Alta Equipment Group Appoints Jeff Hoover as Chief Legal Officer and General Counsel
22 Jan 24
8-K
Alta Equipment Group Announces Preferred Stock Dividend
3 Jan 24
10-Q
2023 Q3
Quarterly report
8 Nov 23
8-K
Earnings Press Release
8 Nov 23
Transcripts
ALTG
Earnings call transcript
2023 Q4
14 Mar 24
ALTG
Earnings call transcript
2023 Q3
8 Nov 23
ALTG
Earnings call transcript
2023 Q2
9 Aug 23
ALTG
Earnings call transcript
2023 Q1
10 May 23
ALTG
Earnings call transcript
2022 Q4
9 Mar 23
ALTG
Earnings call transcript
2022 Q3
11 Nov 22
ALTG
Earnings call transcript
2022 Q2
12 Aug 22
ALTG
Earnings call transcript
2022 Q1
11 May 22
ALTG
Earnings call transcript
2021 Q4
1 Apr 22
ALTG
Earnings call transcript
2021 Q3
12 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.40 mm | 1.40 mm | 1.40 mm | 1.40 mm | 1.40 mm | 1.40 mm |
Cash burn (monthly) | 300.00 k | 58.33 k | (no burn) | (no burn) | (no burn) | 975.00 k |
Cash used (since last report) | 2.01 mm | 390.77 k | n/a | n/a | n/a | 6.53 mm |
Cash remaining | -609.69 k | 1.01 mm | n/a | n/a | n/a | -5.13 mm |
Runway (months of cash) | -2.0 | 17.3 | n/a | n/a | n/a | -5.3 |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 112 |
Opened positions | 15 |
Closed positions | 16 |
Increased positions | 53 |
Reduced positions | 28 |
13F shares | Current |
---|---|
Total value | 264.84 bn |
Total shares | 33.26 mm |
Total puts | 172.60 k |
Total calls | 600.00 |
Total put/call ratio | 287.7 |
Largest owners | Shares | Value |
---|---|---|
B. Riley Principal Sponsor | 7.25 mm | $79.36 mm |
RILY B. Riley Financial | 3.61 mm | $43.53 bn |
Voss Capital | 2.70 mm | $32.58 bn |
BLK Blackrock | 2.52 mm | $30.36 bn |
Mill Road Capital Management | 1.91 mm | $23.05 bn |
Mill Road Capital III | 1.63 mm | $22.38 mm |
Integrated Core Strategies | 1.55 mm | $15.28 mm |
Vanguard | 1.18 mm | $14.24 bn |
Granahan Investment Management | 925.16 k | $11.16 bn |
Punch & Associates Investment Management | 820.28 k | $9.89 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
19 Mar 24 | Jeffrey Alan Hoover | Common Stock | Grant | Acquire A | No | No | 0 | 7,601 | 0.00 | 7,601 |
19 Mar 24 | Craig Brubaker | Common Stock | Grant | Acquire A | No | No | 0 | 4,020 | 0.00 | 103,934 |
19 Mar 24 | Craig Brubaker | Common Stock | Grant | Acquire A | No | No | 0 | 6,836 | 0.00 | 99,914 |
19 Mar 24 | Anthony Colucci | Common Stock | Grant | Acquire A | No | No | 0 | 15,991 | 0.00 | 200,573 |
19 Mar 24 | Anthony Colucci | Common Stock | Grant | Acquire A | No | No | 0 | 27,975 | 0.00 | 184,582 |
19 Mar 24 | Greenawalt Ryan | Common Stock | Grant | Acquire A | No | No | 0 | 38,705 | 0.00 | 5,949,037 |
19 Mar 24 | Greenawalt Ryan | Common Stock | Grant | Acquire A | No | No | 0 | 67,710 | 0.00 | 5,910,332 |
29 Feb 24 | Anthony Colucci | Common Stock | Sell | Dispose S | No | No | 11.4486 | 17,222 | 197.17 k | 156,609 |
News
Alta Equipment 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
12 Apr 24
Why Jabil Shares Are Trading Lower By Over 14%? Here Are Other Stocks Moving In Friday's Mid-Day Session
15 Mar 24
B. Riley Securities Reiterates Buy on Alta Equipment Group, Lowers Price Target to $22
15 Mar 24
Blend Labs Reports Q4 Results, Joins Alta Equipment, Despegar.com And Other Big Stocks Moving Higher On Friday
15 Mar 24
DA Davidson Maintains Buy on Alta Equipment Group, Maintains $22 Price Target
15 Mar 24
Press releases
Alta Equipment Group Announces Board Refreshment
12 Apr 24
Alta Equipment Group Announces Preferred Stock Dividend
3 Apr 24
Alta Equipment Group Announces Fourth Quarter and Full Year 2023 Financial Results and Provides Adjusted EBITDA Guidance for 2024
14 Mar 24
Alta Equipment Group Announces Common Stock Dividend
2 Feb 24
Alta Equipment Group Appoints Jeff Hoover as Chief Legal Officer and General Counsel
22 Jan 24