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NYSE:ALG

Alamo Group - ALG Stock Forecast, Price & News

$157.31
-1.63 (-1.03%)
(As of 02/8/2023 12:00 AM ET)
Add
Compare
Today's Range
$156.85
$158.85
50-Day Range
$137.85
$160.47
52-Week Range
$108.35
$161.61
Volume
60,631 shs
Average Volume
56,432 shs
Market Capitalization
$1.88 billion
P/E Ratio
20.38
Dividend Yield
0.55%
Price Target
$175.50

Alamo Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
11.6% Upside
$175.50 Price Target
Short Interest
Healthy
0.84% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
11.92%
From $8.14 to $9.11 Per Share

Overall MarketRank

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

2.24 out of 5 stars

Industrial Products Sector

69th out of 178 stocks

Farm Machinery & Equipment Industry

3rd out of 4 stocks

ALG stock logo

About Alamo Group (NYSE:ALG) Stock

Alamo 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.

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ALG Stock News Headlines

Alamos Gold: Island Gold Continues To Grow
Alamos Gold: 2022 Gold Production Was Impressive
Escape the Coming Wall Street Meltdown
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? Former Wall Street money manager, Louis Navellier, says all it takes is being on the right side of this force driving the massive divide.
Alamo Group (NYSE:ALG) Rating Increased to Buy at StockNews.com
Escape the Coming Wall Street Meltdown
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? Former Wall Street money manager, Louis Navellier, says all it takes is being on the right side of this force driving the massive divide.
Alamos Gold: A 'Sleep Well At Night' Sector Leader
A Look At The Fair Value Of Alamo Group Inc. (NYSE:ALG)
Alamo Warrants Higher Valuation, Says Analyst
Alamo Group (NYSE: ALG)
Alamo Group Shares Cross Above 200 DMA
See More Headlines
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ALG Company Calendar

Last Earnings
11/02/2021
Ex-Dividend for 2/1 Dividend
1/17/2023
Dividend Payable
2/01/2023
Today
2/08/2023
Next Earnings (Estimated)
2/23/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Farm machinery & equipment
Sub-Industry
Construction & Farm Machinery & Heavy Trucks
CUSIP
01131110
Employees
4,200
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$175.50
High Stock Price Forecast
$195.00
Low Stock Price Forecast
$156.00
Forecasted Upside/Downside
+11.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$80.25 million
Pretax Margin
8.27%

Debt

Sales & Book Value

Annual Sales
$1.33 billion
Cash Flow
$10.49 per share
Book Value
$59.18 per share

Miscellaneous

Free Float
11,691,000
Market Cap
$1.88 billion
Optionable
Optionable
Beta
1.02

Key Executives

  • Jeffery A. Leonard
    President, Chief Executive Officer & Director
  • Richard J. Wehrle
    Chief Financial Officer & Executive Vice President
  • Dan Edward MaloneDan Edward Malone
    Chief Sustainability Officer & Executive VP
  • Edward T. RizzutiEdward T. Rizzuti
    Secretary, Vice President & General Counsel
  • Richard H. Raborn
    Executive VP-Vegetation Management Division













ALG Stock - Frequently Asked Questions

Should I buy or sell Alamo Group stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alamo Group in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street 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 brokers have issued 12-month price targets for Alamo Group's stock. Their ALG share price forecasts range from $156.00 to $195.00. On average, they anticipate the company's share price to reach $175.50 in the next year. This suggests a possible upside of 11.6% 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 on January 1st, 2023. Since then, ALG shares have increased by 11.1% and is now trading at $157.31.
View the best growth stocks for 2023 here
.

Are investors shorting Alamo Group?

Alamo Group saw a increase in short interest in December. As of December 30th, there was short interest totaling 93,400 shares, an increase of 10.9% from the December 15th total of 84,200 shares. Based on an average daily volume of 49,800 shares, the short-interest ratio is currently 1.9 days. Currently, 0.8% of the shares of the stock are short sold.
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 Thursday, February 23rd 2023.
View our ALG earnings forecast
.

How were Alamo Group's earnings last quarter?

Alamo Group Inc. (NYSE:ALG) issued its quarterly earnings data on Tuesday, November, 2nd. The industrial products company reported $1.59 EPS for the quarter, missing analysts' consensus estimates of $1.98 by $0.39. The industrial products company earned $338.31 million during the quarter. Alamo Group had a net margin of 6.28% and a trailing twelve-month return on equity of 12.80%. During the same period last 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 dividend on an annualized basis and a yield of 0.56%. The ex-dividend date of this dividend is Tuesday, January 17th. This is a boost from the stock's previous quarterly dividend of $0.18.
Read our dividend analysis for ALG
.

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 0.55%. 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 11.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ALG will have a dividend payout ratio of 9.66% 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 a number of institutional and retail investors. Top institutional shareholders include Vaughan Nelson Investment Management L.P. (2.24%), Allspring Global Investments Holdings LLC (2.23%), ProShare Advisors LLC (0.51%), Natixis Advisors L.P. (0.38%), Strs Ohio (0.32%) and North Star Investment Management Corp. (0.24%). 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 $157.31.

How much money does Alamo Group make?

Alamo Group (NYSE:ALG) has a market capitalization of $1.88 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 $7.72 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 2/8/2023 by MarketBeat.com Staff