Jeffrey Hoover - Alta Equipment Chief Counsel

ALTG Stock  USD 7.51  0.06  0.81%   

Executive

Jeffrey Hoover is Chief Counsel of Alta Equipment Group
Age 44
Address 13211 Merriman Road, Livonia, MI, United States, 48150
Phone248 449 6700
Webhttps://www.altg.com

Alta Equipment Management Efficiency

The company has return on total asset (ROA) of 0.0117 % which means that it generated a profit of $0.0117 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.4391) %, meaning that it created substantial loss on money invested by shareholders. Alta Equipment's management efficiency ratios could be used to measure how well Alta Equipment manages its routine affairs as well as how well it operates its assets and liabilities. The Alta Equipment's current Return On Tangible Assets is estimated to increase to 0.01. The Alta Equipment's current Return On Capital Employed is estimated to increase to 0.06. At this time, Alta Equipment's Non Currrent Assets Other are most likely to decrease significantly in the upcoming years. The Alta Equipment's current Total Current Assets is estimated to increase to about 879.9 M, while Other Assets are projected to decrease to roughly 6.6 M.
Alta Equipment Group currently holds 1.18 B in liabilities with Debt to Equity (D/E) ratio of 5.38, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Alta Equipment Group has a current ratio of 1.04, suggesting that it is in a questionable position to pay out its financial obligations when due. Note, when we think about Alta Equipment's use of debt, we should always consider it together with its cash and equity.

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Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States. Alta Equipment Group Inc. was founded in 1984 and is headquartered in Livonia, Michigan. Alta Equipment operates under Rental Leasing Services classification in the United States and is traded on New York Stock Exchange. It employs 2250 people. Alta Equipment Group (ALTG) is traded on New York Stock Exchange in USA. It is located in 13211 Merriman Road, Livonia, MI, United States, 48150 and employs 3,000 people. Alta Equipment is listed under Trading Companies & Distributors category by Fama And French industry classification.

Management Performance

Alta Equipment Group Leadership Team

Elected by the shareholders, the Alta Equipment's board of directors comprises two types of representatives: Alta Equipment inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Alta. The board's role is to monitor Alta Equipment's management team and ensure that shareholders' interests are well served. Alta Equipment's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Alta Equipment's outside directors are responsible for providing unbiased perspectives on the board's policies.
Daniel Shribman, Director
Andrew Studdert, Independent Director
Jeff Hoover, Chief Counsel
Ryan Greenawalt, Chairman of the Board, Chief Executive Officer
Sinem McDonald, Director Reporting
Craig Brubaker, Chief Officer
Andrew Rundle, Director Finance
Anthony CPA, Chief Officer
Zachary Savas, Independent Director
Alan Hammersley, President NITCO
Jason Dammeyer, Director Accounting
Paul Ivankovics, Vice Resources
Robert Chiles, President Division
Katherine White, Independent Director
Anthony Colucci, Chief Financial Officer
Jeffrey Hoover, Chief Counsel
Bob Kohler, President Group

Alta Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Alta Equipment a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Alta Equipment Group is a strong investment it is important to analyze Alta Equipment's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alta Equipment's future performance. For an informed investment choice regarding Alta Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alta Equipment Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
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Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alta Equipment. If investors know Alta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alta Equipment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.454
Dividend Share
0.228
Earnings Share
(1.79)
Revenue Per Share
57.408
Quarterly Revenue Growth
(0.04)
The market value of Alta Equipment Group is measured differently than its book value, which is the value of Alta that is recorded on the company's balance sheet. Investors also form their own opinion of Alta Equipment's value that differs from its market value or its book value, called intrinsic value, which is Alta Equipment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alta Equipment's market value can be influenced by many factors that don't directly affect Alta Equipment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alta Equipment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alta Equipment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alta Equipment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.