Analysts Issue Forecasts for Alamo Group FY2025 Earnings

Alamo Group Inc. (NYSE:ALG - Free Report) - Stock analysts at DA Davidson reduced their FY2025 EPS estimates for Alamo Group in a research note issued on Tuesday, April 22nd. DA Davidson analyst M. Shlisky now forecasts that the industrial products company will earn $10.42 per share for the year, down from their prior forecast of $10.94. DA Davidson has a "Buy" rating and a $195.00 price objective 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 $11.88 EPS.

Alamo Group (NYSE:ALG - Get Free Report) last issued its quarterly earnings results on Thursday, February 27th. The industrial products company reported $2.39 EPS for the quarter, beating the consensus estimate of $2.23 by $0.16. Alamo Group had a net margin of 7.19% and a return on equity of 12.41%. The company had revenue of $385.32 million during the quarter, compared to analysts' expectations of $396.85 million.

Several other analysts have also recently weighed in on the stock. Baird R W cut shares of Alamo Group from a "strong-buy" rating to a "hold" rating in a report on Friday, February 28th. Robert W. Baird lowered Alamo Group from an "outperform" rating to a "neutral" rating and dropped their target price for the company from $224.00 to $177.00 in a report on Friday, February 28th. StockNews.com downgraded Alamo Group from a "buy" rating to a "hold" rating in a report on Wednesday, March 5th. Finally, Industrial Alliance Securities set a $217.00 target price on Alamo Group in a research note on Monday, March 3rd.

Alamo Group Stock Down 0.7 %

ALG traded down $1.23 on Wednesday, hitting $167.32. 20,211 shares of the company were exchanged, compared to its average volume of 92,670. The firm has a 50-day moving average price of $177.73 and a two-hundred day moving average price of $183.51. The company has a current ratio of 4.15, a quick ratio of 2.39 and a debt-to-equity ratio of 0.21. Alamo Group has a twelve month low of $157.07 and a twelve month high of $205.62. The company has a market cap of $2.02 billion, a price-to-earnings ratio of 16.84 and a beta of 1.00.

Alamo Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 29th. Stockholders of record on Wednesday, April 16th will be issued a $0.30 dividend. The ex-dividend date is Wednesday, April 16th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.72%. Alamo Group's payout ratio is 12.46%.

Hedge Funds Weigh In On Alamo Group

A number of hedge funds and other institutional investors have recently made changes to their positions in ALG. Parallel Advisors LLC grew its stake in shares of Alamo Group by 80.0% in the 1st quarter. Parallel Advisors LLC now owns 162 shares of the industrial products company's stock valued at $29,000 after purchasing an additional 72 shares during the last quarter. Smartleaf Asset Management LLC increased its stake in Alamo Group by 442.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 206 shares of the industrial products company's stock valued at $38,000 after buying an additional 168 shares during the period. GAMMA Investing LLC raised its position in Alamo Group by 110.6% during the 1st quarter. GAMMA Investing LLC now owns 238 shares of the industrial products company's stock worth $42,000 after buying an additional 125 shares during the last quarter. Lazard Asset Management LLC acquired a new stake in shares of Alamo Group in the 4th quarter worth $79,000. Finally, KBC Group NV boosted its holdings in shares of Alamo Group by 57.1% in the fourth quarter. KBC Group NV now owns 520 shares of the industrial products company's stock valued at $97,000 after acquiring an additional 189 shares in the last quarter. Hedge funds and other institutional investors own 92.36% of the company's stock.

About Alamo Group

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.