Is Alta Equipment Group Inc stock a buy?

Yes, Alta Equipment Group Inc pays dividends. Last time was Friday 29th of November 2024 where the investors holding the stock on Friday 15th of November 2024 were paid $0.057 per share. Over the last 10 times between 2022 and 2024, Alta Equipment Group Inc has paid $0.57 with an average of $0.06 per share.

Sorry, we do not have any analyst data for this ticker

We cannot find data for Alta Equipment Group Inc 10 years ago, but if you had invested on Friday 22nd of November 2019 when the price was $9.95, you would have made a loss of $-2.50 per share or -25.13%

Yes, the average daily trading liquidity for Alta Equipment Group Inc is $316 317 thousand. You should therefore be able to get in and out of your positions relatively fast.

Alta Equipment Group Inc has much of the business financed by loans. This puts the company at high risk in periods of high inflation where borrowing costs usually go up. With a low cash flow to debt ratio of 0.07, the company's ability to pay off the debt is limited. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.

We have calculated the inflation risk for Alta Equipment Group Inc to be high [0.9 of 1]

US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.