A Conversation with Management: Alta Equipment Group $ALTG (Paywalled)
Special thanks to CEO Ryan Greenwalt and CFO Tony Colucci of Alta Equipment Group (ALTG). I really appreciate the time you gave me, and your best efforts to answer from within the confines of Reg FD.
When I first wrote about ALTG, I thought they were an over-levered industrial, but with an opportunity to have a lot of torque to the reshoring phenomenon. After digging deeper, I discovered a much higher quality business than I had thought originally, and the leverage is at a much more manageable level. My recent video setting a price target can be found here:
Putting a Price Target on Alta Equipment Group $ALTG (Paywalled)
The financials for Alta Equipment Group (ALTG) were confusing enough with their rent to sell equipment business model that I thought they needed a deep dive. Also, I will be on a call with management next week, so if you have any additional questions, please put them in the comments below.
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