Is Alta Equipment Group Inc stock a buy?

Yes, Alta Equipment Group Inc pays dividends. Last time was Thursday 31st of October 2024 where the investors holding the stock on Tuesday 15th of October 2024 were paid $0.625 per share. Over the last 15 times between 2021 and 2024, Alta Equipment Group Inc has paid $9.63889 with an average of $0.64 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 Thursday 31st of December 2020 when the price was $25.00, you would have made a profit of $0.720 per share or 2.88%

No, the average daily trading liquidity for Alta Equipment Group Inc is $3 010 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.

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.