What is Sidoti's Forecast for Alamo Group Q3 Earnings?

Key Points

• Sidoti lowered Alamo Group’s Q3 2026 EPS forecast to $2.63 from $2.67, while also trimming several 2026–2027 earnings estimates, including FY2026 EPS to $10.44.
• Alamo Group’s latest quarter beat expectations, reporting $2.82 EPS versus $2.74 expected and revenue of $450.73 million compared with the $437.48 million consensus.
• Analysts maintain a generally favorable outlook, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $188, although shares recently traded at $167.11.

Alamo Group, Inc. (NYSE:ALG - Free Report) - Research analysts at Sidoti dropped their Q3 2026 earnings estimates for shares of Alamo Group in a report issued on Wednesday, August 5th. Sidoti analyst G. Burns now anticipates that the industrial products company will post earnings per share of $2.63 for the quarter, down from their prior forecast of $2.67. The consensus estimate for Alamo Group's current full-year earnings is $10.65 per share. Sidoti also issued estimates for Alamo Group's Q4 2026 earnings at $2.43 EPS, FY2026 earnings at $10.44 EPS, Q1 2027 earnings at $2.71 EPS, Q3 2027 earnings at $3.11 EPS, Q4 2027 earnings at $2.80 EPS and FY2027 earnings at $11.93 EPS.

Alamo Group (NYSE:ALG - Get Free Report) last issued its quarterly earnings data on Monday, August 3rd. The industrial products company reported $2.82 earnings per share for the quarter, topping the consensus estimate of $2.74 by $0.08. The company had revenue of $450.73 million during the quarter, compared to analyst estimates of $437.48 million. Alamo Group had a return on equity of 9.83% and a net margin of 6.08%.

Other research analysts have also recently issued research reports about the stock. Weiss Ratings cut shares of Alamo Group from a "hold (c)" rating to a "hold (c-)" rating in a research report on Tuesday, May 26th. DA Davidson restated a "neutral" rating and issued a $188.00 price objective on shares of Alamo Group in a report on Wednesday, July 1st. Finally, Zacks Research upgraded shares of Alamo Group from a "strong sell" rating to a "hold" rating in a report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $188.00.

Alamo Group Stock Performance

NYSE ALG opened at $167.11 on Thursday. The stock has a fifty day simple moving average of $160.47 and a 200-day simple moving average of $172.53. The company has a current ratio of 4.39, a quick ratio of 2.45 and a debt-to-equity ratio of 0.22. The stock has a market cap of $2.03 billion, a PE ratio of 20.04, a P/E/G ratio of 1.00 and a beta of 1.10. Alamo Group has a twelve month low of $145.76 and a twelve month high of $233.29.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Natixis Advisors LLC increased its stake in shares of Alamo Group by 209.0% during the fourth quarter. Natixis Advisors LLC now owns 49,217 shares of the industrial products company's stock worth $8,262,000 after buying an additional 33,291 shares during the period. Vanguard Group Inc. lifted its stake in Alamo Group by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 798,234 shares of the industrial products company's stock worth $134,000,000 after acquiring an additional 12,499 shares during the last quarter. UBS Group AG lifted its stake in Alamo Group by 26.7% in the fourth quarter. UBS Group AG now owns 58,708 shares of the industrial products company's stock worth $9,855,000 after acquiring an additional 12,361 shares during the last quarter. Kennedy Capital Management LLC grew its holdings in Alamo Group by 16.2% during the 4th quarter. Kennedy Capital Management LLC now owns 183,065 shares of the industrial products company's stock worth $30,731,000 after acquiring an additional 25,485 shares in the last quarter. Finally, Janus Henderson Group PLC increased its position in shares of Alamo Group by 13.8% in the 1st quarter. Janus Henderson Group PLC now owns 167,983 shares of the industrial products company's stock valued at $27,713,000 after purchasing an additional 20,410 shares during the last quarter. Hedge funds and other institutional investors own 92.36% of the company's stock.

Alamo Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 29th. Stockholders of record on Thursday, July 16th were given a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Thursday, July 16th. Alamo Group's dividend payout ratio is currently 16.27%.

Key Headlines Impacting Alamo Group

Here are the key news stories impacting Alamo Group this week:

• Positive Sentiment: Alamo Group’s latest quarterly results exceeded expectations, with adjusted EPS of $2.82 versus the $2.74 consensus and revenue of $450.73 million ahead of the $437.48 million estimate. Analysts expect full-year EPS of approximately $10.65.
• Positive Sentiment: Management is targeting an 18% adjusted EBITDA margin and intends to maintain net leverage of up to 2.5 times EBITDA to support potential mergers and acquisitions, suggesting a focus on improving profitability while pursuing growth. Alamo Group targets 18% adjusted EBITDA margin
• Positive Sentiment: Industry commentary remains supportive for farm-equipment manufacturers, including Alamo Group, as global food demand is expected to sustain agricultural machinery needs. Farm equipment stocks to watch
• Neutral Sentiment: ALG opened at $167.11, above its 50-day moving average of $160.47 but below its 200-day average of $172.53. Its valuation is about 20 times earnings, with relatively conservative debt-to-equity of 0.22, which may provide some support but does not eliminate concerns about slower estimates.
• Negative Sentiment: Sidoti reduced its EPS forecasts across multiple periods: FY2026 to $10.44 from $10.62, FY2027 to $11.93 from $12.00, Q3 2026 to $2.63 from $2.67, Q4 2026 to $2.43 from $2.46, Q1 2027 to $2.71 from $2.74, Q3 2027 to $3.11 from $3.13 and Q4 2027 to $2.80 from $2.82. The cuts imply more cautious expectations for near-term industrial demand or profitability and are likely weighing on the stock.

About Alamo Group

Alamo Group, Inc engages in the design, manufacture and marketing of equipment for vegetation management, roadside maintenance, agricultural harvesting and industrial applications. The company offers a broad portfolio of products, including boom mowers, flail mowers, rotary cutters, snow removal equipment, slurry seal machines, railcar movers and tow tractors. These offerings are distributed under a variety of brand names and through a network of independent dealerships and distributors, meeting the needs of municipalities, highway departments, agricultural producers and industrial operators.

The company operates through two primary segments: Agricultural and Industrial.

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