ALTG Should I Buy
-
$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
ET
Alta Equipment Group Inc (ALTG) is a good buy for a beginner investor with a long-term strategy and $50,000-$100,000 available for investment. The stock has strong insider buying trends, positive analyst upgrades, and improving financial performance, making it a solid choice for long-term growth.
The MACD is positive and expanding, indicating bullish momentum. RSI is in the neutral zone at 77.396, and moving averages are converging. The stock is trading near its resistance level (R1: 7.111), suggesting potential for further upward movement.
Insider buying has increased by 155.87% over the last month.
Analyst upgrades with increased price targets and positive outlook on the company's end-markets.
Improving financial metrics, including revenue growth and better EPS performance.
Lack of recent news or event-driven catalysts.
No significant hedge fund trading trends.
In Q4 2025, revenue increased by 2.21% YoY to $509.1M. Net income improved by 9.65% YoY, though still negative at -$12.5M. EPS improved by 14.71% YoY to -0.39. Gross margin increased to 22.2%, up 1.28% YoY.
Raymond James upgraded the stock to Outperform with a price target of $9.50, citing robust 2026 guidance and improving macro conditions. Northland maintained an Outperform rating with a reduced price target of $17, highlighting attractive valuation and stable forecasts.
