Alta Equipment Group Stock Forecast for 2023 - 2025 - 2030

Updated on 05/08/2024

Stock Rating
10
Price Target
$22.00
Consensus
Outperform
Upside
86.13%
Analysts
1
Stock Rating
10
Upside
86.13%
Analysts
1
Price Target
$22.00

Alta Equipment Group Stock Forecast and Price Target

According to experts, who recently provided their 2024 price targets for Alta Equipment Group, the average price target is $22.00, with a high estimate of $30.00 and a low estimate of $17.47. That is a potential upside of approximately 86.13% from the last closing price of $11.82 on May, 2024. Even if you are not interested in ALTG stock, you should be aware of its competitors and their current standings.

$22.00

86.13% Upside

Buy
Buy

Alta Equipment Group Fair Value Forecast for 2023 - 2025 - 2030

In the last four years, Alta Equipment Group's Price has grown, moving from $0.00 to $0.00 – an increase of 100.00%. In the next year, analysts predict that Fair Value will jump to $12.68 – up 100.00% from the current level. Looking ahead to seven years, experts forecast that Fair Value will grow by 100.00%.

2024 Fair Value Forecast
$12.68
2025 Fair Value Forecast
$14.09
2026 Fair Value Forecast
$15.67
2027 Fair Value Forecast
$17.42
2028 Fair Value Forecast
$19.37
2029 Fair Value Forecast
$21.54
2030 Fair Value Forecast
$23.95
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
AIT Stock Forecast Applied Industrial Technologie... Buy 18
$193.82 Buy/Sell $184.00 9.64%
SITE Stock Forecast SiteOne Landscape Supply Outperform 16
$156.14 Buy/Sell $147.67 4.07%
AIR Stock Forecast AAR Buy 15
$71.06 Buy/Sell $67.25 13.99%
DXPE Stock Forecast DXP Enterprises Buy 15
$53.54 Buy/Sell $55.00 21.40%
EVI Stock Forecast EVI Industries - 15
$22.39 Buy/Sell $0.00 -100.00%

Alta Equipment Group Revenue Forecast for 2023 - 2025 - 2030

In the last two years, Alta Equipment Group's Revenue has grown, moving from $873.60M to $1.57B – an increase of 79.92%. In the next year, analysts predict that Revenue will jump to $1.98B – up 25.91% from the current level. Looking ahead to seven years, experts forecast that Revenue will grow by 46.21%.

2024 Rev Forecast
$1.98B
2025 Rev Forecast
$2.12B
2026 Rev Forecast
$2.26B
2027 Rev Forecast
$2.40B
2028 Rev Forecast
$2.42B
2029 Rev Forecast
$2.32B
2030 Rev Forecast
$2.30B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
TXHG Stock Forecast TX Holdings - 0
$0.07 Buy/Sell $0.00 -100.00%
UMAX Stock Forecast UMAX Group - 0
$0.00 Buy/Sell $0.00 0.00%
YBAO Stock Forecast YBCC - 0
$0.00 Buy/Sell $0.00 0.00%

Alta Equipment Group Dividend per Share Forecast for 2023 - 2025 - 2030

In the last zero years, Alta Equipment Group's Dividend per Share has gone down from $0.17 to $0.17 – a 0.00% drop. Analysts predict that Alta Equipment Group's Dividend per Share will increase in the upcoming year, reaching $0.23. This would represent an increase of 35.29%. Over the next seven years, experts predict that Alta Equipment Group's Dividend per Share will grow at a rate of 25.96%.

2024 DPS Forecast
$0.23
2025 DPS Forecast
$0.23
2026 DPS Forecast
$0.21
2027 DPS Forecast
$0.20
2028 DPS Forecast
$0.21
2029 DPS Forecast
$0.22
2030 DPS Forecast
$0.21

Alta Equipment Group Free Cash Flow Forecast for 2023 - 2025 - 2030

2024 FCF Forecast
$0.04B
2025 FCF Forecast
$0.09B
2026 FCF Forecast
$0.04B
2027 FCF Forecast
$0.06B
2028 FCF Forecast
$0.07B
2029 FCF Forecast
$0.09B
2030 FCF Forecast
$0.07B

Alta Equipment Group EBITDA Forecast for 2023 - 2025 - 2030

In the last two years, EBITDA for Alta Equipment Group has grown by 103.08%, going from $71.50M to $145.20M. In the coming year, analysts are expecting an increase in EBITDA, predicting it will reach $204.68M – an increase of 40.96%. Over the next seven years, experts anticipate that EBITDA growth for Alta Equipment Group will be 25.40%.

2024 EBITDA Forecast
$0.20B
2025 EBITDA Forecast
$0.21B
2026 EBITDA Forecast
$0.17B
2027 EBITDA Forecast
$0.16B
2028 EBITDA Forecast
$0.18B
2029 EBITDA Forecast
$0.19B
2030 EBITDA Forecast
$0.18B

Alta Equipment Group EBIT Forecast for 2023 - 2025 - 2030

Alta Equipment Group's EBIT has grown in the last two years, jumping from $-500.00k to $40.80M – an increase of 8260.00%. In the next year, analysts predict that EBIT will reach $62.72M – an increase of 53.73%. For the next seven years, the forecast is for EBIT to grow by 67.25%.

2024 EBIT Forecast
$0.06B
2025 EBIT Forecast
$0.06B
2026 EBIT Forecast
$0.07B
2027 EBIT Forecast
$0.08B
2028 EBIT Forecast
$0.08B
2029 EBIT Forecast
$0.07B
2030 EBIT Forecast
$0.07B

Alta Equipment Group EPS Price Prediction Forecast for 2023 - 2025 - 2030

In the last four years, Alta Equipment Group's EPS has grown, moving from $-0.40 to $0.00 – an increase of 100.00%. In the next year, analysts predict that EPS will jump to $0.27 – up 100.00% from the current level. Looking ahead to seven years, experts forecast that EPS will grow by 100.00%.

2024 EPS Forecast
$0.27
2025 EPS Forecast
$0.20
2026 EPS Forecast
$0.45
2027 EPS Forecast
$0.73
2028 EPS Forecast
$0.97
2029 EPS Forecast
$0.59
2030 EPS Forecast
$0.59