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Alamo Group (ALG)
NYSE:ALG
Alamo Group (ALG) Stock Price & Analysis
186 Followers
ALG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$157.11 - $230.78
Previous Close$183.54
Volume1.56K
Average Volume (3M)76.19K
Market Cap
$2.20B
Enterprise Value$2.40B
Total Cash (Recent Filing)$51.92M
Total Debt (Recent Filing)$235.28M
Price to Earnings (P/E)16.3
Beta1.08
Next Earnings
Jul 31, 2024EPS Estimate
$2.74Last Dividend Ex-Date
Jul 16, 2024Dividend Yield0.52%
Share Statistics
EPS (TTM)11.24
Shares Outstanding12,052,689
10 Day Avg. Volume102,830
30 Day Avg. Volume76,195
Standard Deviation0.09
R-Squared0.41
Alpha0.00278
Financial Highlights & Ratios
Price to Book (P/B)3.78
Price to Sales (P/S)1.25
Price to Cash Flow (P/CF)9.70
P/FCF Ratio10.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.42
Enterprise Value/Gross Profit5.28
Enterprise Value/Ebitda9.85
Forecast
1Y Price Target
$224.00Price Target Upside22.98% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Alamo Group News
PremiumCompany Announcements
Alamo Group Executive Vice President Announces Retirement
PremiumCompany Announcements
Alamo Group Streamlines Executive Transition and Affirms Shareholder Votes
PremiumCompany Announcements
Alamo Group Enhances Financial Team with New VP and ControllerBulls Say, Bears Say
Bulls Say
Earnings1Q24 adjusted earnings per share of $2.67 came in above both the $2.53 consensus and the $2.40 estimate with higher-than-expected results in both Vegetation and Industrial segments.
OrdersIndustrial orders grew 25% year-over-year, offsetting softness in Vegetation orders.
SalesTotal sales increased by 3.4% year-over-year to $425.6 million, beating the $410.7 million consensus and the $403.4 million estimate.
Bears Say
Customer DemandEconomic headwinds are pressuring forestry and hobby farmer demand in Vegetation.
Interest RatesHigher interest rates and lower farm incomes are pressuring NA Forestry/Tree Care and Hobby Farm/Ranch dealer retail sales.
Inventory LevelsManagement noted continued headwinds from non-government customers within Vegetation, particularly in Forestry and Farm, where dealers remain reluctant to place new orders due to elevated levels of channel inventories and high interest rates.
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Ownership Overview
7.38% Insiders
28.07% Mutual Funds
23.79% Other Institutional Investors
40.76% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
ALG FAQ
What was Alamo Group’s price range in the past 12 months?
Alamo Group lowest stock price was $157.11 and its highest was $230.78 in the past 12 months.
What is Alamo Group’s market cap?
Currently, no data Available
When is Alamo Group’s upcoming earnings report date?
Alamo Group’s upcoming earnings report date is Jul 31, 2024 which is in 9 days.
How were Alamo Group’s earnings last quarter?
Alamo Group released its earnings results on May 02, 2024. The company reported $2.67 earnings per share for the quarter, beating the consensus estimate of $2.526 by $0.144.
Is Alamo Group overvalued?
According to Wall Street analysts Alamo Group’s price is currently Undervalued.
Does Alamo Group pay dividends?
Alamo Group pays a Quarterly dividend of $0.26 which represents an annual dividend yield of 0.52%. See more information on Alamo Group dividends here
What is Alamo Group’s EPS estimate?
Alamo Group’s EPS estimate is $2.74.
How many shares outstanding does Alamo Group have?
Alamo Group has 12,052,689 shares outstanding.
What happened to Alamo Group’s price movement after its last earnings report?
Alamo Group reported an EPS of $2.67 in its last earnings report, beating expectations of $2.526. Following the earnings report the stock price went down -0.651%.
Which hedge fund is a major shareholder of Alamo Group?
Among the largest hedge funds holding Alamo Group’s share is Neumeier Poma Investment Counsel LLC. It holds Alamo Group’s shares valued at 41M.
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Alamo Group Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$224.00 (22.98% Upside)
$224.00 (22.98% Upside)
Blogger Sentiment
Bullish
ALG Sentiment 80%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 48.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▲ 2.2%
Last 30 Days ▼ 1.5%
Last 30 Days ▼ 1.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-6.72%
12-Months-Change
Fundamentals
Return on Equity
15.17%
Trailing 12-Months
Asset Growth
6.31%
Trailing 12-Months
Company Description
Alamo Group
Alamo Group, Inc. engages in the design and manufacture of agricultural equipment and infrastructure maintenance equipment for governmental and industrial use. Its products include tractor-mounted mowing and other vegetation maintenance equipment, street sweepers, excavators, vacuum trucks, snow removal equipment, zero turn radius mowers, agricultural implements, and related aftermarket parts. It operates through the following business segments: Agricultural, Industrial, and European. The Industrial segment provides mowers, as well as trimmers, shredders, sweepers, excavators, vacuum trucks, snow removal equipment and other products designed for excavation, grading, shaping and land clearing, road building or maintenance. The company was founded by Donald J. Douglass in 1969 and is headquartered in Seguin, TX.
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ALG Earnings Call
Q1 2024
0:00 / 0:00
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ALG Stock 12 Month Forecast
Average Price Target
$224.00
▲(22.98% Upside)
Technical Analysis
Best Analysts Covering ALG
1 Year
1 Year Success Rate
7/11 ratings generated profit
1 Year Average Return
+7.75%
reiterated a buy rating 3 months ago
Copying Michael Shlisky's trades and holding each position for 1 Year would result in 63.64% of your transactions generating a profit, with an average return of +7.75% per trade.
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