NYSE:ALG Alamo Group (ALG) Stock Forecast, Price & News $166.48 -2.60 (-1.54%) (As of 05/31/2023 ET) Add Compare Share Share Today's Range$166.35▼$169.6650-Day Range$166.48▼$184.1652-Week Range$109.04▼$186.37Volume63,016 shsAverage Volume40,264 shsMarket Capitalization$2.00 billionP/E Ratio17.02Dividend Yield0.53%Price Target$195.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Alamo Group MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside17.4% Upside$195.50 Price TargetShort InterestHealthy0.79% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.34Based on 8 Articles This WeekInsider TradingSelling Shares$99,639 Sold Last QuarterProj. Earnings Growth1.45%From $11.03 to $11.19 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.2.46 out of 5 starsIndustrial Products Sector63rd out of 178 stocksFarm Machinery & Equipment Industry4th 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 17.4% from its current price of $166.48.Amount of Analyst CoverageAlamo Group has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.79% 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 1.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Alamo Group has recently decreased by 8.15%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldAlamo Group has a dividend yield of 0.52%, 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 9.00%. 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 7.86% 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 3.0 News and Social Media Coverage News SentimentAlamo Group has a news sentiment score of 1.34. 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 is a higher news sentiment than the 0.64 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Alamo Group this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for ALG on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Alamo Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% 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 1.3 Earnings and Valuation Earnings GrowthEarnings for Alamo Group are expected to grow by 1.45% in the coming year, from $11.03 to $11.19 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Alamo Group is 17.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.76.Price to Earnings Ratio vs. SectorThe P/E ratio of Alamo Group is 17.02, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 14.25.Price to Book Value per Share RatioAlamo Group has a P/B Ratio of 2.43. 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 Vegetation Management and Industrial Equipment segments. The Vegetation Management segment includes all of the operations of the former agricultural division plus the mowing and tree care operations. The Industrial Equipment segment covers 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 HeadlinesMay 31, 2023 | finance.yahoo.comParker-Hannifin (PH) Arm Wins Five-Year Contract From AMCOMMay 30, 2023 | bizjournals.comAlamo City Ticker: Local creative agency secures significant winsJune 1, 2023 | Edge On The Street (Ad)Graphite Shortage Could Derail the $7 Trillion EV TransitionGraphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.May 30, 2023 | finance.yahoo.comHas Alamo Group (ALG) Outpaced Other Industrial Products Stocks This Year?May 29, 2023 | finance.yahoo.comIDEX's (IEX) 5.9% Gain in One Year Raises Longevity QuestionsMay 26, 2023 | finance.yahoo.comIDEX (IEX) Cheers Investors With 7% Quarterly Dividend HikeMay 20, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on Alamo Group (NYSE:ALG)May 18, 2023 | finance.yahoo.comO-I Glass (OI) Up 48% in a Year: What's Driving the Stock?June 1, 2023 | Edge On The Street (Ad)Graphite Shortage Could Derail the $7 Trillion EV TransitionGraphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.May 17, 2023 | finance.yahoo.com4 Farm Equipment Stocks to Watch in the Thriving IndustryMay 12, 2023 | americanbankingnews.comAlamo Group Inc. Expected to Post Q2 2023 Earnings of $3.03 Per Share (NYSE:ALG)May 11, 2023 | finance.yahoo.comAre Industrial Products Stocks Lagging Alamo Group (ALG) This Year?May 11, 2023 | finance.yahoo.comCentury Aluminum's (CENX) Q1 Earnings & Sales Beat EstimatesMay 10, 2023 | finance.yahoo.comAlamo Group (ALG) Is a Great Choice for 'Trend' Investors, Here's WhyMay 9, 2023 | finance.yahoo.comThose who invested in Alamo Group (NYSE:ALG) five years ago are up 97%May 9, 2023 | finanznachrichten.deAlamo Group Inc.: Alamo Group Announces Record 2023 First Quarter Sales And EarningsMay 8, 2023 | markets.businessinsider.comEF Hutton Reaffirms Their Buy Rating on Alamo Group (ALG)May 8, 2023 | msn.comEF Hutton Maintains Alamo Group (ALG) Buy RecommendationMay 6, 2023 | finance.yahoo.comQ1 2023 Alamo Group Inc Earnings CallMay 4, 2023 | finance.yahoo.comALAMO GROUP ANNOUNCES RECORD 2023 FIRST QUARTER SALES AND EARNINGSApril 27, 2023 | finance.yahoo.comRoper (ROP) Q1 Earnings & Revenues Surpass EstimatesApril 27, 2023 | finance.yahoo.comALAMO GROUP INC. ANNOUNCES FIRST QUARTER 2023 EARNINGS CONFERENCE CALLApril 26, 2023 | finance.yahoo.comABB Q1 Earnings Surpass Estimates, Revenues Rise 13% Y/YApril 26, 2023 | finance.yahoo.comAllegion (ALLE) Q1 Earnings Beat, Surge Y/Y on Higher SalesApril 19, 2023 | seekingalpha.comAlamo Group Provides Investors With An Attractive Long-Term OpportunityApril 13, 2023 | finance.yahoo.comHere's Why Momentum in Alamo Group (ALG) Should Keep goingApril 12, 2023 | finance.yahoo.comReasons Why You Should Avoid Investing in Carlisle (CSL) NowSee 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 5/1 Dividend4/14/2023Dividend Payable5/01/2023Today5/31/2023Next Earnings (Estimated)8/02/2023Fiscal 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+17.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$9.78 Trailing P/E Ratio17.02 Forward P/E Ratio15.09 P/E GrowthN/ANet Income$101.93 million Net Margins7.47% Pretax Margin9.85% Return on Equity15.16% Return on Assets8.66% Debt Debt-to-Equity Ratio0.43 Current Ratio4.14 Quick Ratio2.36 Sales & Book Value Annual Sales$1.51 billion Price / Sales1.32 Cash Flow$12.09 per share Price / Cash Flow13.77 Book Value$68.52 per share Price / Book2.43Miscellaneous Outstanding Shares12,000,000Free Float11,725,000Market Cap$2.00 billion OptionableOptionable Beta0.98 Key ExecutivesJeffery A. LeonardPresident, Chief Executive Officer & DirectorRichard J. WehrleChief Financial Officer, Treasurer & EVPDan Edward MaloneChief Sustainability Officer & Executive VPEdward T. RizzutiSecretary, Executive VP & General CounselRichard H. RabornExecutive VP-Vegetation Management DivisionKey CompetitorsLindsayNYSE:LNNKennametalNYSE:KMTBarnes GroupNYSE:BLegalZoom.comNASDAQ:LZEnPro IndustriesNYSE:NPOView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 9,344 shares on 5/26/2023Ownership: 0.434%Ameriprise Financial Inc.Sold 710 shares on 5/22/2023Ownership: 0.350%JPMorgan Chase & Co.Bought 7,446 shares on 5/18/2023Ownership: 0.627%New York State Common Retirement FundSold 2,100 shares on 5/18/2023Ownership: 0.147%Thrivent Financial for LutheransSold 358 shares on 5/17/2023Ownership: 0.085%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 Wall Street analysts have issued 1 year price targets for Alamo Group's stock. Their ALG share price forecasts range from $195.00 to $196.00. On average, they anticipate the company's share price to reach $195.50 in the next twelve months. This suggests a possible upside of 17.4% 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 start of the year. Since then, ALG shares have increased by 17.6% and is now trading at $166.48. View the best growth stocks for 2023 here. Are investors shorting Alamo Group? Alamo Group saw a decline in short interest in May. As of May 15th, there was short interest totaling 92,400 shares, a decline of 8.2% from the April 30th total of 100,600 shares. Based on an average daily trading volume, of 64,100 shares, the short-interest ratio is presently 1.4 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, August 2nd 2023. View our ALG earnings forecast. How were Alamo Group's earnings last quarter? Alamo Group Inc. (NYSE:ALG) released its earnings results 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 trailing twelve-month return on equity of 15.16% and a net margin of 7.47%. During the same period in the prior year, the firm earned $1.67 earnings per share. How often does Alamo Group pay dividends? What is the dividend yield for Alamo Group? Alamo Group announced a quarterly dividend on Monday, April 3rd. Shareholders of record on Monday, April 17th will be given a dividend of $0.22 per share on Monday, May 1st. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.53%. The ex-dividend date of this dividend is Friday, April 14th. 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), Invesco S&P SmallCap Industrials ETF (PSCI), ProShares Russell 2000 Dividend Growers ETF (SMDV), Invesco S&P SmallCap Low Volatility ETF (XSLV), Invesco DWA SmallCap Momentum ETF (DWAS), Janus Henderson Small Cap Growth Alpha ETF (JSML), VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF) and 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 0.51%. 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 9.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ALG will have a dividend payout ratio of 7.86% 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 BlackRock Inc. (13.84%), Dimensional Fund Advisors LP (5.12%), Victory Capital Management Inc. (4.57%), State Street Corp (2.98%), GW&K Investment Management LLC (2.76%) and Allspring Global Investments Holdings LLC (2.21%). 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 $166.48. How much money does Alamo Group make? Alamo Group (NYSE:ALG) has a market capitalization of $2.00 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 $9.78 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 6/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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