Alta Equipment Group is a holding company. Through its subsidiaries, Co. owns and operates an equipment dealership platform in the U.S. Co. engages in several business activities, including: new equipment sales, which sell new material handling and construction equipment; used equipment sales, which sell used equipment, primarily from equipment trade-ins from Co.'s new and returning customers; parts sales, in which Co. is a distributor of original equipment manufacturer parts in substantially all of its territories; and repair and maintenance services, which provide maintenance and repair services for Co.'s customers' equipment and maintain its own rental fleet. The ALTG YTD return is shown above.
The YTD Return on the ALTG YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether ALTG YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the ALTG YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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