ALTG vs. DXPE, MRC, CIX, PKOH, IPX, NWPX, BOOM, GHM, MTW, and EAF
Should you be buying Alta Equipment Group stock or one of its competitors? The main competitors of Alta Equipment Group include DXP Enterprises (DXPE), MRC Global (MRC), CompX International (CIX), Park-Ohio (PKOH), IperionX (IPX), Northwest Pipe (NWPX), DMC Global (BOOM), Graham (GHM), Manitowoc (MTW), and GrafTech International (EAF). These companies are all part of the "industrial products" sector.
DXP Enterprises (NASDAQ:DXPE) and Alta Equipment Group (NYSE:ALTG) are both small-cap industrial products companies, but which is the better stock? We will compare the two businesses based on the strength of their profitability, community ranking, earnings, dividends, media sentiment, risk, valuation, institutional ownership and analyst recommendations.
In the previous week, DXP Enterprises had 1 more articles in the media than Alta Equipment Group. MarketBeat recorded 10 mentions for DXP Enterprises and 9 mentions for Alta Equipment Group. Alta Equipment Group's average media sentiment score of 0.40 beat DXP Enterprises' score of -0.09 indicating that DXP Enterprises is being referred to more favorably in the media.
DXP Enterprises has a net margin of 3.75% compared to DXP Enterprises' net margin of -0.21%. Alta Equipment Group's return on equity of 17.93% beat DXP Enterprises' return on equity.
74.8% of DXP Enterprises shares are held by institutional investors. Comparatively, 73.6% of Alta Equipment Group shares are held by institutional investors. 22.1% of DXP Enterprises shares are held by insiders. Comparatively, 20.9% of Alta Equipment Group shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
DXP Enterprises currently has a consensus target price of $55.00, indicating a potential upside of 5.75%. Alta Equipment Group has a consensus target price of $21.17, indicating a potential upside of 139.17%. Given DXP Enterprises' higher probable upside, analysts plainly believe Alta Equipment Group is more favorable than DXP Enterprises.
DXP Enterprises has higher earnings, but lower revenue than Alta Equipment Group. Alta Equipment Group is trading at a lower price-to-earnings ratio than DXP Enterprises, indicating that it is currently the more affordable of the two stocks.
DXP Enterprises received 239 more outperform votes than Alta Equipment Group when rated by MarketBeat users. Likewise, 61.41% of users gave DXP Enterprises an outperform vote while only 59.46% of users gave Alta Equipment Group an outperform vote.
DXP Enterprises has a beta of 1.72, meaning that its stock price is 72% more volatile than the S&P 500. Comparatively, Alta Equipment Group has a beta of 1.67, meaning that its stock price is 67% more volatile than the S&P 500.
Summary
DXP Enterprises beats Alta Equipment Group on 14 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ALTG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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