Citigroup Issues Positive Forecast for Alliance Laundry (NYSE:ALH) Stock Price

Key Points

• Citigroup raised Alliance Laundry’s price target from $26 to $28 and maintained a “buy” rating, implying 15.54% upside from the prior close.
• Analyst sentiment is broadly positive: the consensus is “Moderate Buy” with a $29.80 target, though JPMorgan and Robert W. Baird recently lowered their targets.
• Alliance Laundry reported quarterly EPS of $0.38, beating the $0.32 consensus estimate, on revenue of $460.92 million.

Alliance Laundry (NYSE:ALH - Get Free Report) had its target price boosted by equities research analysts at Citigroup from $26.00 to $28.00 in a report issued on Thursday, Benzinga reports. The firm currently has a "buy" rating on the stock. Citigroup's price target suggests a potential upside of 15.54% from the company's previous close.

Other analysts have also issued reports about the stock. JPMorgan Chase & Co. lowered their price target on shares of Alliance Laundry from $32.00 to $31.00 and set an "overweight" rating on the stock in a research report on Wednesday. Robert W. Baird decreased their price objective on Alliance Laundry from $34.00 to $30.00 and set an "outperform" rating on the stock in a research note on Wednesday. Weiss Ratings upgraded Alliance Laundry from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Wednesday, November 4th. Morgan Stanley boosted their target price on shares of Alliance Laundry from $28.00 to $29.00 and gave the company an "equal weight" rating in a research note on Wednesday. Finally, Zacks Research upgraded shares of Alliance Laundry from a "hold" rating to a "strong-buy" rating in a report on Monday, October 26th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, Alliance Laundry presently has a consensus rating of "Moderate Buy" and a consensus target price of $29.80.

Alliance Laundry Price Performance

Alliance Laundry stock traded up $0.03 during mid-day trading on Thursday, reaching $24.23. The company had a trading volume of 155,681 shares, compared to its average volume of 973,102. Alliance Laundry has a 1 year low of $18.64 and a 1 year high of $28.23. The company has a debt-to-equity ratio of 3.35, a current ratio of 1.43 and a quick ratio of 1.14. The company has a market capitalization of $4.82 billion and a P/E ratio of 23.39. The stock's 50-day simple moving average is $21.79 and its 200-day simple moving average is $23.53.

Alliance Laundry (NYSE:ALH - Get Free Report) last announced its quarterly earnings results on Tuesday, November 10th. The company reported $0.38 EPS for the quarter, topping the consensus estimate of $0.32 by $0.06. Alliance Laundry had a return on equity of 61.36% and a net margin of 11.74%. The business had revenue of $460.92 million for the quarter. On average, equities analysts predict that Alliance Laundry will post 1.36 EPS for the current year.

Insiders Place Their Bets

In other news, COO Gommaar Vleugels sold 75,000 shares of Alliance Laundry stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $21.05, for a total transaction of $1,578,750.00. Following the sale, the chief operating officer owned 374,563 shares in the company, valued at $7,884,551.15. This trade represents a 16.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 7.60% of the company's stock.

Institutional Investors Weigh In On Alliance Laundry

Several hedge funds and other institutional investors have recently modified their holdings of the stock. USS Investment Management Ltd acquired a new stake in shares of Alliance Laundry during the 3rd quarter valued at approximately $563,000. Voya Investment Management LLC increased its stake in Alliance Laundry by 43.8% during the third quarter. Voya Investment Management LLC now owns 12,370 shares of the company's stock valued at $263,000 after purchasing an additional 3,769 shares during the last quarter. Bridges Investment Management Inc. increased its stake in Alliance Laundry by 37.4% during the third quarter. Bridges Investment Management Inc. now owns 13,817 shares of the company's stock valued at $294,000 after purchasing an additional 3,764 shares during the last quarter. Alberta Investment Management Corp acquired a new stake in shares of Alliance Laundry during the third quarter worth $1,706,000. Finally, Royce & Associates LP acquired a new stake in shares of Alliance Laundry during the third quarter worth $211,000.

Alliance Laundry News Summary

These are some of the ALH news items that stood out recently:

• Positive Sentiment: Q3 earnings were $0.38 per share, above the $0.32 consensus estimate. Revenue rose 5.3% to $460.92 million, with North American growth and improved margins contributing to results. The company raised its 2026 adjusted EBITDA outlook to about 10% growth while maintaining its 6%–7% revenue-growth forecast. ALH Q3 Earnings Beat on Strong North America Growth, Margins Up
• Positive Sentiment: Morgan Stanley raised its price target to $29 from $28 while retaining an “equal weight” rating, indicating a modestly higher valuation view. Morgan Stanley price-target update
• Negative Sentiment: Robert W. Baird cut its target to $30 from $34, and JPMorgan lowered its target to $31 from $32. Both maintained positive ratings—“outperform” and “overweight,” respectively—but the lower targets could weigh on sentiment. Robert W. Baird price-target update JPMorgan price-target update

Alliance Laundry Company Profile

Alliance Laundry Holdings, Inc. designs, manufactures and sells commercial laundry equipment. Its products include washers, dryers and related laundry systems for laundromats and customers in sectors such as hospitality, healthcare, multifamily housing and other institutional markets. The company serves customers worldwide through brands including Speed Queen, UniMac, Huebsch, Primus and IPSO. Its offerings include equipment for self-service and on-premises laundry operations, along with related parts and services.

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