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NYSE:ALG

Alamo Group (ALG) Stock Price, News & Analysis

$166.73
+1.01 (+0.61%)
(As of 07/8/2024 ET)
Today's Range
$166.46
$168.12
50-Day Range
$165.72
$200.75
52-Week Range
$157.74
$231.40
Volume
47,036 shs
Average Volume
71,820 shs
Market Capitalization
$2.01 billion
P/E Ratio
14.83
Dividend Yield
0.62%
Price Target
$212.00

Alamo Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
27.2% Upside
$212.00 Price Target
Short Interest
Bearish
2.46% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.95mentions of Alamo Group in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.00%
From $12.30 to $13.53 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.54 out of 5 stars

Industrial Products Sector

75th out of 165 stocks

Farm Machinery & Equipment Industry

3rd out of 4 stocks

ALG stock logo

About Alamo Group Stock (NYSE:ALG)

Alamo Group Inc. designs, manufactures, distributes, and services vegetation management and infrastructure maintenance equipment for governmental, industrial, and agricultural uses worldwide. It operates through two segments, Vegetation Management and Industrial Equipment. Its Vegetation Management Division segment offers hydraulically-powered and tractor - and off-road chassis mounted mowers, other cutters and replacement parts for heavy-duty and intensive uses and heavy duty, 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, tractor attachments, agricultural implements, hydraulic and boom-mounted hedge and grass cutters, hedgerow cutters, industrial grass mowers, agricultural seedbed preparation cultivators, self-propelled sprayers and multi-drive load-carrying vehicles, and cutting blades. 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.

ALG Stock Price History

ALG Stock News Headlines

How did they achieve a perfect track record?
If you want to learn how A Group of traders Made 917 Trades Without A Single Loss! And How You Could Have Consistently Beat the Market by following them...
Alamo Group: A Downgrade On Falling Backlog
ALAMO GROUP INC. ANNOUNCES MICHAEL A.
How did they achieve a perfect track record?
If you want to learn how A Group of traders Made 917 Trades Without A Single Loss! And How You Could Have Consistently Beat the Market by following them...
Q1 2024 Alamo Group Inc Earnings Call
See More Headlines
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Company Calendar

Ex-Dividend for 4/29 Dividend
4/15/2024
Dividend Payable
4/29/2024
Last Earnings
5/03/2024
Today
7/08/2024
Ex-Dividend for 7/29 Dividend
7/16/2024
Dividend Payable
7/29/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Farm machinery & equipment
Sub-Industry
Construction & Farm Machinery & Heavy Trucks
CUSIP
01131110
Employees
4,350
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$212.00
High Stock Price Target
$225.00
Low Stock Price Target
$201.00
Potential Upside/Downside
+27.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$136.16 million
Pretax Margin
10.12%

Debt

Sales & Book Value

Annual Sales
$1.70 billion
Cash Flow
$15.48 per share
Book Value
$77.65 per share

Miscellaneous

Free Float
11,884,000
Market Cap
$2.01 billion
Optionable
Optionable
Beta
1.04
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Key Executives


ALG Stock Analysis - Frequently Asked Questions

How have ALG shares performed this year?

Alamo Group's stock was trading at $210.19 at the beginning of the year. Since then, ALG stock has decreased by 20.7% and is now trading at $166.73.
View the best growth stocks for 2024 here
.

How were Alamo Group's earnings last quarter?

Alamo Group Inc. (NYSE:ALG) released its earnings results on Friday, May, 3rd. The industrial products company reported $2.67 earnings per share for the quarter, topping analysts' consensus estimates of $2.66 by $0.01. The industrial products company had revenue of $425.59 million for the quarter. Alamo Group had a net margin of 7.92% and a trailing twelve-month return on equity of 14.82%.

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.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Alamo Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Alamo Group investors own include Pfizer (PFE), General Motors (GM), AT&T (T), Eastman Chemical (EMN), Altria Group (MO), Advance Auto Parts (AAP) and AbbVie (ABBV).

This page (NYSE:ALG) was last updated on 7/9/2024 by MarketBeat.com Staff

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