Analysts Set Expectations for Alamo Group FY2025 Earnings

Key Points

• DA Davidson has lowered its FY2025 earnings per share forecast for Alamo Group from $10.85 to $10.76, maintaining a "Neutral" rating and a target price of $225.00 for the stock.
• Alamo Group reported $2.57 earnings per share for the last quarter, missing the consensus estimate by $0.12, while achieving revenue of $419.07 million which exceeded expectations.
• Despite the earnings forecast downgrade, other analysts have provided optimistic ratings, with Baird R W raising the stock's rating to "strong-buy" on August 4th.

Alamo Group, Inc. (NYSE:ALG - Free Report) - Equities research analysts at DA Davidson cut their FY2025 earnings per share (EPS) estimates for shares of Alamo Group in a report released on Monday, August 11th. DA Davidson analyst M. Shlisky now expects that the industrial products company will post earnings of $10.76 per share for the year, down from their previous forecast of $10.85. DA Davidson currently has a "Neutral" rating and a $225.00 target price on the stock. The consensus estimate for Alamo Group's current full-year earnings is $9.53 per share. DA Davidson also issued estimates for Alamo Group's FY2026 earnings at $11.86 EPS.

ALG has been the subject of a number of other reports. Wall Street Zen upgraded Alamo Group from a "hold" rating to a "buy" rating in a report on Saturday. Baird R W upgraded Alamo Group from a "hold" rating to a "strong-buy" rating in a report on Monday, August 4th. Finally, Robert W. Baird upgraded Alamo Group from a "neutral" rating to an "outperform" rating and upped their price objective for the stock from $209.00 to $260.00 in a report on Monday, August 4th.

Alamo Group Trading Down 2.0%

Shares of Alamo Group stock traded down $4.53 during trading hours on Tuesday, reaching $221.89. 71,424 shares of the company's stock were exchanged, compared to its average volume of 85,090. Alamo Group has a 52-week low of $157.07 and a 52-week high of $233.29. The firm has a market capitalization of $2.69 billion, a price-to-earnings ratio of 22.60, a price-to-earnings-growth ratio of 1.18 and a beta of 1.10. The company has a fifty day moving average of $219.85 and a 200-day moving average of $195.97. The company has a current ratio of 4.56, a quick ratio of 2.76 and a debt-to-equity ratio of 0.18.

Alamo Group (NYSE:ALG - Get Free Report) last posted its earnings results on Wednesday, August 6th. The industrial products company reported $2.57 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.69 by ($0.12). Alamo Group had a net margin of 7.41% and a return on equity of 11.45%. The company had revenue of $419.07 million during the quarter, compared to analysts' expectations of $406.75 million.

Alamo Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 29th. Investors of record on Wednesday, July 16th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 0.5%. The ex-dividend date was Wednesday, July 16th. Alamo Group's dividend payout ratio is currently 12.22%.

Institutional Trading of Alamo Group

Several large investors have recently modified their holdings of the business. Vanguard Group Inc. grew its stake in shares of Alamo Group by 6.6% during the first quarter. Vanguard Group Inc. now owns 768,973 shares of the industrial products company's stock valued at $137,039,000 after acquiring an additional 47,819 shares in the last quarter. Allspring Global Investments Holdings LLC increased its stake in shares of Alamo Group by 4.0% in the first quarter. Allspring Global Investments Holdings LLC now owns 699,563 shares of the industrial products company's stock valued at $125,732,000 after purchasing an additional 26,835 shares during the period. Victory Capital Management Inc. increased its stake in shares of Alamo Group by 12.9% in the first quarter. Victory Capital Management Inc. now owns 506,815 shares of the industrial products company's stock valued at $90,320,000 after purchasing an additional 58,097 shares during the period. Westwood Holdings Group Inc. increased its stake in shares of Alamo Group by 22.9% in the first quarter. Westwood Holdings Group Inc. now owns 400,860 shares of the industrial products company's stock valued at $71,437,000 after purchasing an additional 74,679 shares during the period. Finally, First Trust Advisors LP increased its stake in shares of Alamo Group by 28.6% during the second quarter. First Trust Advisors LP now owns 384,190 shares of the industrial products company's stock valued at $83,899,000 after acquiring an additional 85,478 shares during the period. 92.36% of the stock is currently owned by institutional investors and hedge funds.

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.