Alta Equipment Group (ALTG)
(Delayed Data from NYSE)
$6.72 USD
+0.54 (8.74%)
Updated Aug 23, 2024 04:00 PM ET
After-Market: $6.71 -0.01 (-0.15%) 7:58 PM ET
5-Strong Sell of 5 5
B Value D Growth D Momentum C VGM
Alta Equipment (ALTG) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$16.25 | $30.00 | $10.00 | 162.94% |
Price Target
Based on short-term price targets offered by four analysts, the average price target for Alta Equipment comes to $16.25. The forecasts range from a low of $10.00 to a high of $30.00. The average price target represents an increase of 162.94% from the last closing price of $6.18.
Analyst Price Targets (4 )
Broker Rating
Alta Equipment currently has an average brokerage recommendation (ABR) of 1.50 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by four brokerage firms. The current ABR compares to an ABR of 1.25 a month ago based on four recommendations.
Of the four recommendations deriving the current ABR, three are Strong Buy, representing 75% of all recommendations. A month ago, Strong Buy made up 75%, while Buy represented 25%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/ALTG.png)
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 3 | 3 | 3 | 3 | 3 |
Buy | 0 | 0 | 1 | 1 | 1 |
Hold | 1 | 1 | 0 | 0 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.50 | 1.50 | 1.25 | 1.25 | 1.25 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
8/9/2024 | Raymond James Ltd. | Steve Hansen | Hold | Hold |
8/8/2024 | D.A. Davidson | Matt J Summerville | Strong Buy | Strong Buy |
5/9/2024 | Northland Capital Markets | Edward R Jackson | Strong Buy | Strong Buy |
3/15/2024 | B. Riley Securities | Alex J Rygiel | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.50 |
ABR (Last week) | 1.50 |
# of Recs in ABR | 4 |
Average Target Price | $16.25 |
LT Growth Rate | NA |
Industry | Manufacturing - General Industrial |
Industry Rank by ABR | 183 of 253 |
Current Quarter EPS Est: | -0.19 |