NYSE:ALG Alamo Group - ALG Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Alamo Group Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $173.19 -3.10 (-1.76%) (As of 03/17/2023 08:53 PM ET) Add Compare Share Share Today's Range$172.01▼$175.8250-Day Range$146.45▼$185.7252-Week Range$108.35▼$186.37Volume222,100 shsAverage Volume66,479 shsMarket Capitalization$2.07 billionP/E Ratio20.28Dividend Yield0.51%Price Target$195.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Alamo Group MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside12.9% Upside$195.50 Price TargetShort InterestHealthy0.81% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.53Based on 10 Articles This WeekInsider TradingSelling Shares$99,639 Sold Last QuarterProj. Earnings Growth8.38%From $9.79 to $10.61 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.33 out of 5 starsIndustrial Products Sector77th out of 177 stocksFarm Machinery & Equipment Industry3rd out of 4 stocks 2.5 Analyst's Opinion Consensus RatingAlamo Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $195.50, Alamo Group has a forecasted upside of 12.9% from its current price of $173.19.Amount of Analyst CoverageAlamo Group has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.81% of the float of Alamo Group has been sold short.Short Interest Ratio / Days to CoverAlamo Group has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Alamo Group has recently increased by 8.74%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldAlamo Group has a dividend yield of 0.50%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthAlamo Group has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Alamo Group is 10.30%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Alamo Group will have a dividend payout ratio of 8.29% next year. This indicates that Alamo Group will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ALG. Previous Next 2.5 News and Social Media Coverage News SentimentAlamo Group has a news sentiment score of 0.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Alamo Group this week, compared to 1 article on an average week.Search Interest20 people have searched for ALG on MarketBeat in the last 30 days. This is an increase of 1,900% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Alamo Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Alamo Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $99,639.00 in company stock.Percentage Held by InsidersOnly 2.30% of the stock of Alamo Group is held by insiders.Percentage Held by Institutions91.67% of the stock of Alamo Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Alamo Group are expected to grow by 8.38% in the coming year, from $9.79 to $10.61 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Alamo Group is 20.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.25.Price to Earnings Ratio vs. SectorThe P/E ratio of Alamo Group is 20.28, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 13.61.Price to Book Value per Share RatioAlamo Group has a P/B Ratio of 2.64. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Alamo Group (NYSE:ALG) StockAlamo Group, Inc. engages in the design and manufacture of agricultural equipment and infrastructure maintenance equipment for governmental and industrial use. Its products include tractor-mounted mowing and other vegetation maintenance equipment, street sweepers, excavators, vacuum trucks, snow removal equipment, zero turn radius mowers, agricultural implements, and related aftermarket parts. It operates through the following business segments: Vegetation Management and Industrial Equipment Division. The Vegetation Management Division includes all of the operations of the former Agricultural Division plus the mowing and tree care operations. The Industrial Equipment Division includes the Company's vocational truck business and other industrial operations such as excavators, vacuum trucks, street sweepers, and snow removal equipment. The company was founded by Donald J. Douglass in 1969 and is headquartered in Seguin, TX.Read More Receive ALG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Alamo Group and its competitors with MarketBeat's FREE daily newsletter. Email Address ALG Stock News HeadlinesMarch 19, 2023 | americanbankingnews.comAlamo Group (NYSE:ALG) Lifted to Buy at DA DavidsonMarch 17, 2023 | americanbankingnews.comAlamo Group Inc. (NYSE:ALG) Sees Significant Increase in Short InterestMarch 20, 2023 | Investor Place Media (Ad)The "King Of Quants" sees 10X potential...Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...March 17, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on Alamo Group (NYSE:ALG)March 16, 2023 | msn.comDA Davidson Upgrades Alamo Group (ALG)March 16, 2023 | markets.businessinsider.comDA Davidson Upgrades Alamo Group: Here's What You Need To KnowMarch 16, 2023 | 247wallst.comOpening Bell Analysts Research Calls for Thursday, March 16March 13, 2023 | seekingalpha.comAlamos Gold promotes Greg Fisher to CFOMarch 20, 2023 | Investor Place Media (Ad)The "King Of Quants" sees 10X potential...Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...March 12, 2023 | americanbankingnews.comEdward Rizzuti Sells 394 Shares of Alamo Group Inc. (NYSE:ALG) StockMarch 9, 2023 | finance.yahoo.comO-I Glass (OI) Stock Rallies 58% in 6 Months: Here's WhyMarch 3, 2023 | seekingalpha.comAlamos Gold: Quality At A PriceMarch 2, 2023 | finance.yahoo.comIs Alamo Group (ALG) Outperforming Other Industrial Products Stocks This Year?February 28, 2023 | seekingalpha.comAlamos Gold: Solid Company With Excellent Growth ProspectsFebruary 27, 2023 | msn.comAlamo Group's Return On Capital Employed OverviewFebruary 26, 2023 | seekingalpha.comAlamo Group Inc. (ALG) Q4 2022 Earnings Call TranscriptFebruary 26, 2023 | finance.yahoo.comIs Alamo Group Inc.'s (NYSE:ALG) Recent Stock Performance Tethered To Its Strong Fundamentals?February 24, 2023 | finanznachrichten.deAlamo Group Inc.: Alamo Group Announces Record 2022 Fourth Quarter And Year End ResultsFebruary 23, 2023 | finance.yahoo.comALAMO GROUP ANNOUNCES RECORD 2022 FOURTH QUARTER AND YEAR END RESULTSFebruary 22, 2023 | seekingalpha.comAlamos Gold Non-GAAP EPS of $0.09 beats by $0.01, revenue of $2.32B beats by $2.09BFebruary 22, 2023 | msn.comAlamo Group Earnings PreviewFebruary 17, 2023 | finance.yahoo.comALAMO GROUP INC. ANNOUNCES FOURTH QUARTER AND YEAR-END 2022 EARNINGS CONFERENCE CALLFebruary 10, 2023 | bizjournals.comSA brewery scores XFL Brahmas beer and branding dealJanuary 25, 2023 | seekingalpha.comAlamos Gold: Island Gold Continues To GrowJanuary 16, 2023 | seekingalpha.comAlamos Gold: 2022 Gold Production Was ImpressiveJanuary 15, 2023 | nasdaq.comCash Dividend On The Way From Alamo Group (ALG)January 11, 2023 | finance.yahoo.comWhat Does Alamo Group Inc.'s (NYSE:ALG) Share Price Indicate?See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive ALG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Alamo Group and its competitors with MarketBeat's FREE daily newsletter. Email Address ALG Company Calendar Last Earnings11/02/2021Ex-Dividend for 2/1 Dividend1/17/2023Dividend Payable2/01/2023Today3/20/2023Next Earnings (Estimated)5/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Farm machinery & equipment Sub-IndustryConstruction & Farm Machinery & Heavy Trucks SectorIndustrial Products Current SymbolNYSE:ALG CUSIP01131110 CIK897077 Webwww.alamo-group.com Phone(830) 379-1480Fax830-372-9683Employees4,200Year FoundedN/APrice Target and Rating Average Stock Price Forecast$195.50 High Stock Price Forecast$196.00 Low Stock Price Forecast$195.00 Forecasted Upside/Downside+12.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$8.54 Trailing P/E Ratio20.28 Forward P/E Ratio17.69 P/E GrowthN/ANet Income$101.93 million Net Margins6.73% Pretax Margin8.87% Return on Equity13.78% Return on Assets7.76% Debt Debt-to-Equity Ratio0.37 Current Ratio3.82 Quick Ratio1.97 Sales & Book Value Annual Sales$1.51 billion Price / Sales1.37 Cash Flow$12.56 per share Price / Cash Flow13.79 Book Value$65.63 per share Price / Book2.64Miscellaneous Outstanding Shares11,980,000Free Float11,703,000Market Cap$2.07 billion OptionableOptionable Beta0.98 Key ExecutivesJeffery A. LeonardPresident, Chief Executive Officer & DirectorRichard J. WehrleChief Financial Officer & Executive Vice PresidentDan Edward MaloneChief Sustainability Officer & Executive VPEdward T. RizzutiSecretary, Vice President & General CounselRichard H. RabornExecutive VP-Vegetation Management DivisionKey CompetitorsLindsayNYSE:LNNEnPro IndustriesNYSE:NPOMueller Water ProductsNYSE:MWAConstelliumNYSE:CSTMBarnes GroupNYSE:BView All CompetitorsInsiders & InstitutionsVictory Capital Management Inc.Bought 18,713 shares on 3/10/2023Ownership: 5.723%Edward RizzutiSold 394 sharesTotal: $72,578.74 ($184.21/share)Janet S PollockSold 150 sharesTotal: $27,060.00 ($180.40/share)Voya Investment Management LLCSold 1,177 shares on 2/28/2023Ownership: 0.151%Truist Financial CorpSold 165 shares on 2/17/2023Ownership: 0.018%View All Insider TransactionsView All Institutional Transactions ALG Stock - Frequently Asked Questions Should I buy or sell Alamo Group stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Alamo Group in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ALG shares. View ALG analyst ratings or view top-rated stocks. What is Alamo Group's stock price forecast for 2023? 2 equities research analysts have issued 12 month price targets for Alamo Group's shares. Their ALG share price forecasts range from $195.00 to $196.00. On average, they expect the company's stock price to reach $195.50 in the next year. This suggests a possible upside of 12.9% from the stock's current price. View analysts price targets for ALG or view top-rated stocks among Wall Street analysts. How have ALG shares performed in 2023? Alamo Group's stock was trading at $141.60 at the beginning of the year. Since then, ALG stock has increased by 22.3% and is now trading at $173.19. View the best growth stocks for 2023 here. Are investors shorting Alamo Group? Alamo Group saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 94,600 shares, an increase of 8.7% from the February 13th total of 87,000 shares. Based on an average daily trading volume, of 57,700 shares, the short-interest ratio is currently 1.6 days. Approximately 0.8% of the company's shares are sold short. View Alamo Group's Short Interest. When is Alamo Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023. View our ALG earnings forecast. How were Alamo Group's earnings last quarter? Alamo Group Inc. (NYSE:ALG) announced its quarterly earnings data on Tuesday, November, 2nd. The industrial products company reported $1.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.98 by $0.39. The industrial products company earned $338.31 million during the quarter. Alamo Group had a trailing twelve-month return on equity of 13.78% and a net margin of 6.73%. During the same quarter in the previous year, the business earned $1.67 EPS. How often does Alamo Group pay dividends? What is the dividend yield for Alamo Group? Alamo Group announced a quarterly dividend on Tuesday, January 3rd. Shareholders of record on Wednesday, January 18th will be paid a dividend of $0.22 per share on Wednesday, February 1st. This represents a $0.88 annualized dividend and a yield of 0.51%. The ex-dividend date of this dividend is Tuesday, January 17th. This is a positive change from the stock's previous quarterly dividend of $0.18. Read our dividend analysis for ALG. What ETFs hold Alamo Group's stock? ETFs with the largest weight of Alamo Group (NYSE:ALG) stock in their portfolio include iShares MSCI Kuwait ETF (KWT), ProShares Russell 2000 Dividend Growers ETF (SMDV), Invesco S&P SmallCap Industrials ETF (PSCI), Invesco DWA SmallCap Momentum ETF (DWAS), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV), VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF), Small Cap US Equity Select ETF (RNSC) and VictoryShares US Small Cap Volatility Wtd (CSA). Is Alamo Group a good dividend stock? Alamo Group (NYSE:ALG) pays an annual dividend of $0.88 per share and currently has a dividend yield of 0.50%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 10.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ALG will have a dividend payout ratio of 8.29% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ALG. What is Ron Robinson's approval rating as Alamo Group's CEO? 4 employees have rated Alamo Group Chief Executive Officer Ron Robinson on Glassdoor.com. Ron Robinson has an approval rating of 49% among the company's employees. This puts Ron Robinson in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Alamo Group own? Based on aggregate information from My MarketBeat watchlists, some companies that other Alamo Group investors own include Pfizer (PFE), General Motors (GM), AT&T (T), Eastman Chemical (EMN), Altria Group (MO), Advance Auto Parts (AAP), AbbVie (ABBV), Abbott Laboratories (ABT), Dominion Energy (D) and Deere & Company (DE). What is Alamo Group's stock symbol? Alamo Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "ALG." Who are Alamo Group's major shareholders? Alamo Group's stock is owned by many different retail and institutional investors. Top institutional investors include Victory Capital Management Inc. (5.72%), Victory Capital Management Inc. (5.72%), Victory Capital Management Inc. (5.71%), T. Rowe Price Investment Management Inc. (5.67%), Dimensional Fund Advisors LP (5.15%) and GW&K Investment Management LLC (2.76%). Insiders that own company stock include Christy Dipietro, Dan Edward Malone, Edward Rizzuti, Janet S Pollock, Jeffery Allen Leonard, Richard Hodges Raborn, Richard J Wehrle, Robert P Bauer, Ronald A Robinson and Ronald A Robinson. View institutional ownership trends. How do I buy shares of Alamo Group? Shares of ALG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Alamo Group's stock price today? One share of ALG stock can currently be purchased for approximately $173.19. How much money does Alamo Group make? Alamo Group (NYSE:ALG) has a market capitalization of $2.07 billion and generates $1.51 billion in revenue each year. The industrial products company earns $101.93 million in net income (profit) each year or $8.54 on an earnings per share basis. How many employees does Alamo Group have? The company employs 4,200 workers across the globe. How can I contact Alamo Group? Alamo Group's mailing address is 1627 EAST WALNUT, SEGUIN TX, 78155. The official website for the company is www.alamo-group.com. The industrial products company can be reached via phone at (830) 379-1480 or via fax at 830-372-9683. This page (NYSE:ALG) was last updated on 3/20/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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