With 0.55 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.43 million shares. During the session, the Rental & Leasing Services company that operates in wider Industrials sector, reached to the highest price of $6.8 whereas the lowest price it dropped to was $6.535. The 52-week range on ALTG shows that it touched its highest point at $13.67 and its lowest point at $5.40 during that stretch. It currently has a 1-year price target of $15.40. With its current market cap of 220.38 million, ALTG has annualized dividend of $0.23 while the current yield stands at 3.42%. ALTG paid its most recent dividend on 1723680000, while the ex-dividend date for that was 1723680000. Beta for the stock currently stands at 1.67.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ALTG was up-trending over the past week, with a rise of 2.94%, but this was up by 5.71% over a month. Three-month performance dropped to -23.71% while six-month performance fell -48.65%. The stock lost -48.05% in the past year, while it has lost -46.16% so far this year. A look at the trailing 12-month EPS for ALTG yields -0.64 with Next year EPS estimates of -0.32. For the next quarter, that number is -0.18. This implies an EPS growth rate of -175.37% for this year and 37.56% for next year.
Float and Shares Shorts:
At present, 32.37 million ALTG shares are outstanding with a float of 20.14 million shares on hand for trading. On 2024-08-30, short shares totaled 2.45 million, which was 739.0 higher than short shares on 1722384000. In addition to Mr. Ryan Greenawalt as the firm’s CEO & Chairman, Mr. Anthony J. Colucci serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.73643 of ALTG’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, ALTG reported revenue of $488100000.0 and operating income of $10300000.0. The EBITDA in the recently reported quarter was $49300000.0 and diluted EPS was -$0.38.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ALTG since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
