NYSE:ALG

Alamo Group - ALG Stock Forecast, Price & News

$122.27

-1.83 (-1.47%)

(As of 09/30/2022 12:00 AM ET)

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Today's Range: $122.07
▼
$125.81
50-Day Range: $120.82
▼
$143.64
52-Week Range: $108.35
▼
$160.71

Volume: 40,701 shs
Average Volume: 38,650 shs
Market Capitalization: $1.46 billion

P/E Ratio: 17.39
Dividend Yield: 0.58%
Price Target: $136.00

Alamo Group MarketRank™ Forecast

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 11.2% Upside
$136.00 Price Target
Short Interest: Healthy
1.08% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
$212,062 Sold Last Quarter
Proj. Earnings Growth: 14.17%
From $8.61 to $9.83 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.40 out of 5 stars

Industrial Products Sector

88th out of 186 stocks

Farm Machinery & Equipment Industry

3rd out of 4 stocks

2.0

Analyst's Opinion

Consensus Rating
Alamo Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $136.00, Alamo Group has a forecasted upside of 11.2% from its current price of $122.27.
Amount of Analyst Coverage
Alamo Group has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.08% of the float of Alamo Group has been sold short.
Short Interest Ratio / Days to Cover
Alamo Group has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Alamo Group has recently decreased by 4.90%, indicating that investor sentiment is improving.

1.7

Dividend Strength

Dividend Yield
Alamo Group has a dividend yield of 0.58%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Alamo Group has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of Alamo Group is 10.24%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Alamo Group will have a dividend payout ratio of 7.32% next year. This indicates that Alamo Group will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ALG.

N/A

News and Social Media Coverage

2.5

Company Ownership

Insider Buying vs. Insider Selling
In 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 $212,062.00 in company stock.
Percentage Held by Insiders
Only 2.30% of the stock of Alamo Group is held by insiders.
Percentage Held by Institutions
92.79% of the stock of Alamo Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Alamo Group are expected to grow by 14.17% in the coming year, from $8.61 to $9.83 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Alamo Group is 17.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.15.
Price to Earnings Ratio vs. Sector
The P/E ratio of Alamo Group is 17.39, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 22.09.
Price to Book Value per Share Ratio
Alamo Group has a P/B Ratio of 2.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Alamo Group (NYSE:ALG) Stock

Alamo Group Inc. designs, manufactures, distributes, and services vegetation management and infrastructure maintenance equipment for governmental, industrial, and agricultural uses worldwide. Its Vegetation Management Division segment offers hydraulically-powered and tractor-mounted mowers, other cutters and replacement parts for heavy-duty and intensive uses and heavy duty applications, tractor- and truck-mounted mowing and vegetation maintenance equipment, and replacement parts. This segment also provides rotary and finishing mowers, flail and disc mowers, front-end loaders, backhoes, rotary tillers, posthole diggers, scraper blades and replacement parts, zero turn radius mowers, cutting parts, plain and hard-faced replacement tillage tools, disc blades, and fertilizer application components; aftermarket agricultural parts, heavy-duty mechanical rotary mowers, snow blowers, rock removal equipment, replacement parts, tractor attachments, agricultural implements, hydraulic and boom-mounted hedge and grass cutters, tractor attachments and implements, hedgerow cutters, industrial grass mowers, agricultural seedbed preparation cultivators, self-propelled sprayers and multi-drive load-carrying vehicles, cutting blades, and hydraulic and mechanical boom mowers. The company's Industrial Equipment Division segment offers truck-mounted air vacuum, mechanical broom, and regenerative air sweepers, pothole patchers, leaf collection equipment and replacement brooms, parking lot and street sweepers, excavators, catch basin cleaners, and roadway debris vacuum systems, as well as truck-mounted vacuum machines, combination sewer cleaners, and hydro excavators. This segment also offers ice control products, snowplows and heavy duty snow removal equipment, hitches, attachments, and graders; and public works and runway maintenance products, parts, and services, and high pressure cleaning systems and trenchers. The company was founded in 1955 and is headquartered in Seguin, Texas.

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ALG Stock News Headlines

September 10, 2022 | msn.com

Grupo Firme is coming to San Antonio. What to know about the show.

August 31, 2022 | finance.yahoo.com

Alamo Group (ALG) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?

August 10, 2022 | msn.com

Looking Into Alamo Group's Return On Capital Employed

August 8, 2022 | nasdaq.com

Alamo Group Shares Cross Above 200 DMA

August 5, 2022 | nasdaq.com

Is Alamo Group Inc.'s (NYSE:ALG) Latest Stock Performance A Reflection Of Its Financial Health?

August 4, 2022 | finance.yahoo.com

Why Alamo Group Inc. (NYSE:ALG) Could Be Worth Watching

August 3, 2022 | finance.yahoo.com

ALAMO GROUP ANNOUNCES RECORD 2022 SECOND QUARTER SALES AND EARNINGS

August 3, 2022 | benzinga.com

Recap: Alamo Group Q2 Earnings

July 29, 2022 | morningstar.com

Alamo Group Inc Stock News

July 27, 2022 | finance.yahoo.com

ALAMO GROUP INC. ANNOUNCES SECOND QUARTER 2022 EARNINGS CONFERENCE CALL

June 22, 2022 | finance.yahoo.com

Alamo Group's (NYSE:ALG) five-year earnings growth trails the 5.7% YoY shareholder returns

May 23, 2022 | finance.yahoo.com

Alamo Group Inc.'s (NYSE:ALG) Intrinsic Value Is Potentially 35% Above Its Share Price

May 19, 2022 | msn.com

Alamo Group Earnings Perspective: Return On Capital Employed

May 4, 2022 | investing.com

Alamo Group Misses Q1 EPS by 8c

May 4, 2022 | finance.yahoo.com

ALAMO GROUP ANNOUNCES RECORD 2022 FIRST QUARTER SALES AND EARNINGS

May 3, 2022 | seekingalpha.com

Alamos Gold: Planned Lower Production At Mulatos Is A Drag

April 28, 2022 | seekingalpha.com

Alamos Gold: Where Growth And Value Intersect

April 26, 2022 | nasdaq.com

Alamo Group Inc. Shares Near 52-Week Low - Market Mover

April 12, 2022 | nasdaq.com

Ex-Dividend Reminder: Alamo Group, Werner Enterprises and Acuity Brands

April 11, 2022 | finance.yahoo.com

Alamo Group Inc.'s (NYSE:ALG) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?

April 6, 2022 | finance.yahoo.com

MAIN EVENT TO BE ACQUIRED BY DAVE & BUSTERS FOR $835 MILLION

April 4, 2022 | seekingalpha.com

Alamo declares $0.18 dividend

February 24, 2022 | benzinga.com

Recap: Alamo Group Q4 Earnings

February 24, 2022 | apnews.com

Alamo Group: Q4 Earnings Snapshot

February 24, 2022 | finance.yahoo.com

ALAMO GROUP ANNOUNCES RECORD 2021 FOURTH QUARTER AND YEAR END RESULTS

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30 days | 90 days | 365 days | Advanced Chart

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ALG Company Calendar

Ex-Dividend for 8/1 Dividend: 7/15/2022
Dividend Payable: 8/01/2022
Last Earnings: 8/03/2022
Today: 10/02/2022
Next Earnings (Estimated): 11/02/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Farm machinery & equipment
Sub-Industry: Construction & Farm Machinery & Heavy Trucks
Sector: Industrial Products
Current Symbol: NYSE:ALG
CUSIP: 01131110
CIK: 897077
Web: www.alamo-group.com
Phone: (830) 379-1480
Fax: 830-372-9683
Employees: 4,200
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $136.00
High Stock Price Forecast: $136.00
Low Stock Price Forecast: $136.00
Forecasted Upside/Downside: +11.2%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $7.03
Trailing P/E Ratio: 17.39
Forward P/E Ratio: 14.20
P/E Growth: N/A
Net Income: $80.25 million
Net Margins: 5.84%
Pretax Margin: 8.03%
Return on Equity: 12.03%
Return on Assets: 6.76%

Debt

Debt-to-Equity Ratio: 0.48
Current Ratio: 3.95
Quick Ratio: 2.09

Sales & Book Value

Annual Sales: $1.33 billion
Price / Sales: 1.10
Cash Flow: $10.42 per share
Price / Cash Flow: 11.73
Book Value: $59.18 per share
Price / Book: 2.07

Miscellaneous

Outstanding Shares: 11,970,000
Free Float: 11,691,000
Market Cap: $1.46 billion
Optionable: Optionable
Beta: 0.97

Key Executives

Mr. Jeffery A. Leonard (Age 62)
Pres, CEO & Director
Comp: $1.39M

Mr. Richard J. Wehrle (Age 65)
Exec. VP & CFO
Comp: $523.53k

Mr. Edward T. Rizzuti (Age 52)
Exec. VP, Gen. Counsel & Sec.
Comp: $528.31k

Mr. Ronald A. Robinson (Age 70)
Director
Comp: $1.71M

Mr. Dan E. Malone (Age 62)
Exec. VP & Chief Sustainability Officer
Comp: $571.94k

Mr. Richard Hodges Raborn (Age 56)
Exec. VP of Vegetation Management Division
Comp: $909.69k

Mr. Michael A. Haberman (Age 63)
Exec. Vice-Pres of Industrial Equipment Division
Comp: $531.1k

Ms. Janet S. Pollock (Age 63)
VP of HR

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ALG Stock - Frequently Asked Questions

Should I buy or sell Alamo Group stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Alamo Group in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" ALG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ALG, but not buy additional shares or sell existing shares.
View ALG analyst ratings or view top-rated stocks.
What is Alamo Group's stock price forecast for 2022?: 1 Wall Street analysts have issued 1-year price objectives for Alamo Group's stock. Their ALG share price forecasts range from $136.00 to $136.00. On average, they predict the company's stock price to reach $136.00 in the next twelve months. This suggests a possible upside of 11.2% 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 2022?: Alamo Group's stock was trading at $147.18 on January 1st, 2022. Since then, ALG shares have decreased by 16.9% and is now trading at $122.27.
View the best growth stocks for 2022 here.
When is Alamo Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our ALG earnings forecast.
How were Alamo Group's earnings last quarter?: Alamo Group Inc. (NYSE:ALG) released its quarterly earnings data on Wednesday, August, 3rd. The industrial products company reported $2.39 earnings per share for the quarter, topping analysts' consensus estimates of $2.06 by $0.33. Alamo Group had a net margin of 5.84% and a trailing twelve-month return on equity of 12.03%. During the same period in the prior year, the company posted $1.97 EPS.
How often does Alamo Group pay dividends? What is the dividend yield for Alamo Group?: Alamo Group declared a quarterly dividend on Tuesday, July 5th. Stockholders of record on Monday, July 18th will be given a dividend of $0.18 per share on Monday, August 1st. This represents a $0.72 annualized dividend and a yield of 0.59%. The ex-dividend date of this dividend is Friday, July 15th.
Read our dividend analysis for ALG.

Is Alamo Group a good dividend stock?: Alamo Group (NYSE:ALG) pays an annual dividend of $0.72 per share and currently has a dividend yield of 0.58%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 10.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ALG will have a dividend payout ratio of 7.32% 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."
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 $122.27.
How much money does Alamo Group make?: Alamo Group (NYSE:ALG) has a market capitalization of $1.46 billion and generates $1.33 billion in revenue each year. The industrial products company earns $80.25 million in net income (profit) each year or $7.03 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 10/2/2022 by MarketBeat.com Staff

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