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Alta Equipment Group (ALTG)

(Delayed Data from NYSE)

$6.77 USD

6.77
285,405

+0.03 (0.45%)

Updated Oct 1, 2024 04:00 PM ET

After-Market: $6.77 0.00 (0.00%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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5-Strong Sell of 5         5

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value D Growth F Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 24% (191 out of 252)

Industry: Manufacturing - General Industrial

Better trading starts here.

Zacks News

Apogee Enterprises (APOG) Tops Q4 Earnings Estimates

Apogee Enterprises (APOG) delivered earnings and revenue surprises of 3.61% and 1.31%, respectively, for the quarter ended February 2023. Do the numbers hold clues to what lies ahead for the stock?

Alta Equipment (ALTG) Reports Q4 Loss, Tops Revenue Estimates

Alta Equipment (ALTG) delivered earnings and revenue surprises of -225% and 5.26%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Manitex (MNTX) Beats Q4 Earnings and Revenue Estimates

Manitex (MNTX) delivered earnings and revenue surprises of 42.86% and 0.03%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Markforged Holding Corporation (MKFG) Reports Q4 Loss, Lags Revenue Estimates

Markforged Holding Corporation (MKFG) delivered earnings and revenue surprises of 14.29% and 1.12%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Alta Equipment (ALTG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Alta Equipment (ALTG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Xometry (XMTR) Reports Q4 Loss, Misses Revenue Estimates

Xometry (XMTR) delivered earnings and revenue surprises of -38.10% and 6.65%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Sociedad Quimica (SQM) to Post Q4 Earnings: What's in the Cards?

Sociedad Quimica (SQM) is likely to have gained from higher realized prices and strong demand in the fourth quarter.

Will Alta Equipment (ALTG) Beat Estimates Again in Its Next Earnings Report?

Alta Equipment (ALTG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Chart Industries (GTLS) Q4 Earnings Surpass Estimates

Chart Industries (GTLS) delivered earnings and revenue surprises of 1.83% and 11.36%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Alta Equipment (ALTG) Q3 Earnings and Revenues Surpass Estimates

Alta Equipment (ALTG) delivered earnings and revenue surprises of 16.67% and 5.39%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Ingersoll Rand (IR) Beats Q3 Earnings and Revenue Estimates

Ingersoll (IR) delivered earnings and revenue surprises of 5.09% and 4.49%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Alta Equipment (ALTG) Surpasses Q2 Earnings and Revenue Estimates

Alta Equipment (ALTG) delivered earnings and revenue surprises of 320% and 15.94%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Alta Equipment (ALTG) Reports Q1 Loss, Tops Revenue Estimates

Alta Equipment (ALTG) delivered earnings and revenue surprises of 71.43% and 1.84%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

MRC Global (MRC) to Report Q1 Earnings: What's in the Cards?

MRC Global's (MRC) Q1 earnings are likely to have gained from strength across its business, lucrative contracts and focus on improving operational productivity.

Ball (BLL) Lags Q1 Earnings Estimates

Ball (BLL) delivered earnings and revenue surprises of -7.23% and 4.81%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Ingersoll Rand (IR) Q1 Earnings and Revenues Surpass Estimates

Ingersoll (IR) delivered earnings and revenue surprises of 8.89% and 3.23%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Manitex (MNTX) Reports Q4 Loss, Lags Revenue Estimates

Manitex (MNTX) delivered earnings and revenue surprises of -166.67% and 3.45%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Broadwind Energy, Inc. (BWEN) Reports Q4 Loss, Lags Revenue Estimates

Broadwind Energy, Inc. (BWEN) delivered earnings and revenue surprises of -10.53% and 10.06%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Lawson Products (LAWS) Beats Q4 Earnings Estimates

Lawson Products (LAWS) delivered earnings and revenue surprises of 10.64% and 0.31%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Zacks Industry Outlook Highlights: Ferguson plc, Graco Inc., Xometry, Inc. and Alta Equipment Group Inc

Ferguson plc, Graco Inc., Xometry, Inc. and Alta Equipment Group Inc are included in this Industry Outlook blog.

4 Industrial Manufacturing Stocks to Buy Amid Industry Challenges

The Zacks Manufacturing - General Industrial industry witnesses pandemic-led supply-side challenges, inflationary pressures and shortage of skilled workers. Healthy product orders are a boon. FERG, GGG, XMTR and ALTG are some promising stocks in the industry.

IDEX (IEX) Gains From End-Market Strength Amid Cost Woes

IDEX (IEX) benefits from solid product offerings, strengthening end markets, buyout synergies, and shareholder-friendly policies. Supply-chain, cost inflation and logistics issues are concerning.

Enerpac Tool (EPAC) Gains From Product Demand Amid Cost Woes

Enerpac Tool (EPAC) gains from healthy demand and a focus on product innovations. Supply-chain restrictions, logistics issues, and cost inflation are concerning.

Illinois Tool (ITW) to Redeem Euro-Denominated Senior Notes

Illinois Tool (ITW) to redeem Euro-denominated senior notes, which are due to expire in May 2022. The move will help the company lower the debt balance.

Colfax's (CFX) Product Strength Aids Amid Cost & Supply Woes

Colfax (CFX) benefits from solid product offerings and focus on innovation, healthy demand and acquisition synergies. Cost inflation and supply-chain woes are concerning.