Alamo Group (ALG) Expected to Announce Quarterly Earnings on Thursday

Alamo Group (NYSE:ALG - Get Free Report) is expected to be posting its Q1 2025 quarterly earnings results before the market opens on Thursday, May 1st. Analysts expect Alamo Group to post earnings of $2.70 per share and revenue of $391.08 million for the quarter.

Alamo Group (NYSE:ALG - Get Free Report) last released its quarterly earnings data on Thursday, February 27th. The industrial products company reported $2.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.23 by $0.16. The business had revenue of $385.32 million during the quarter, compared to analysts' expectations of $396.85 million. Alamo Group had a net margin of 7.19% and a return on equity of 12.41%. On average, analysts expect Alamo Group to post $10 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Alamo Group Stock Down 0.2 %

Shares of Alamo Group stock traded down $0.26 during trading on Tuesday, hitting $168.41. 141,407 shares of the stock were exchanged, compared to its average volume of 93,059. The stock has a market cap of $2.04 billion, a price-to-earnings ratio of 16.96 and a beta of 1.00. The firm's 50-day moving average price is $176.92 and its 200 day moving average price is $183.34. Alamo Group has a 12-month low of $157.07 and a 12-month high of $205.62. The company has a debt-to-equity ratio of 0.21, a current ratio of 4.15 and a quick ratio of 2.39.

Alamo Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 29th. Stockholders of record on Wednesday, April 16th will be given a dividend of $0.30 per share. The ex-dividend date is Wednesday, April 16th. This represents a $1.20 annualized dividend and a dividend yield of 0.71%. Alamo Group's dividend payout ratio (DPR) is currently 12.46%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on ALG shares. Industrial Alliance Securities set a $217.00 price objective on shares of Alamo Group in a research report on Monday, March 3rd. DA Davidson reduced their price target on shares of Alamo Group from $217.00 to $195.00 and set a "buy" rating for the company in a research report on Monday, April 21st. Robert W. Baird cut shares of Alamo Group from an "outperform" rating to a "neutral" rating and reduced their price target for the company from $224.00 to $177.00 in a research report on Friday, February 28th. StockNews.com cut shares of Alamo Group from a "buy" rating to a "hold" rating in a research report on Wednesday, March 5th. Finally, Baird R W cut shares of Alamo Group from a "strong-buy" rating to a "hold" rating in a research report on Friday, February 28th.

Alamo Group Company Profile

Alamo Group Inc designs, manufactures, distributes, and services vegetation management and infrastructure maintenance equipment for governmental, industrial, and agricultural uses worldwide. It operates through two segments, Vegetation Management and Industrial Equipment. Its Vegetation Management Division segment offers hydraulically-powered and tractor - and off-road chassis mounted mowers, other cutters and replacement parts for heavy-duty and intensive uses and heavy duty, tractor- and truck-mounted mowing and vegetation maintenance equipment, and replacement parts.