DA Davidson Issues Negative Outlook for Alamo Group Earnings

Alamo Group Inc. (NYSE:ALG - Free Report) - Research analysts at DA Davidson dropped their FY2025 EPS estimates for shares of Alamo Group in a research report issued on Tuesday, April 22nd. DA Davidson analyst M. Shlisky now expects that the industrial products company will earn $10.42 per share for the year, down from their previous forecast of $10.94. DA Davidson has a "Buy" rating and a $195.00 price objective on the stock. The consensus estimate for Alamo Group's current full-year earnings is $9.53 per share. DA Davidson also issued estimates for Alamo Group's FY2026 earnings at $11.88 EPS.

ALG has been the subject of a number of other reports. StockNews.com downgraded shares of Alamo Group from a "buy" rating to a "hold" rating in a report on Wednesday, March 5th. Baird R W cut Alamo Group from a "strong-buy" rating to a "hold" rating in a research report on Friday, February 28th. Industrial Alliance Securities set a $217.00 price target on shares of Alamo Group in a report on Monday, March 3rd. Finally, Robert W. Baird lowered shares of Alamo Group from an "outperform" rating to a "neutral" rating and lowered their price target for the company from $224.00 to $177.00 in a report on Friday, February 28th.

Alamo Group Trading Up 2.8 %

ALG opened at $165.53 on Wednesday. The company has a current ratio of 4.15, a quick ratio of 2.39 and a debt-to-equity ratio of 0.21. The firm has a market cap of $2.00 billion, a price-to-earnings ratio of 16.67 and a beta of 1.00. Alamo Group has a 12 month low of $157.07 and a 12 month high of $208.66. The stock has a fifty day moving average price of $178.72 and a 200-day moving average price of $183.52.

Alamo Group (NYSE:ALG - Get Free Report) last issued its quarterly earnings data on Thursday, February 27th. The industrial products company reported $2.39 EPS for the quarter, topping analysts' consensus estimates of $2.23 by $0.16. The company had revenue of $385.32 million during the quarter, compared to the consensus estimate of $396.85 million. Alamo Group had a net margin of 7.19% and a return on equity of 12.41%.

Institutional Trading of Alamo Group

A number of hedge funds have recently added to or reduced their stakes in ALG. GHP Investment Advisors Inc. raised its position in shares of Alamo Group by 8.2% in the first quarter. GHP Investment Advisors Inc. now owns 12,063 shares of the industrial products company's stock worth $2,150,000 after acquiring an additional 911 shares during the period. Azzad Asset Management Inc. ADV raised its holdings in Alamo Group by 3.1% in the 1st quarter. Azzad Asset Management Inc. ADV now owns 5,371 shares of the industrial products company's stock worth $957,000 after purchasing an additional 161 shares during the period. GAMMA Investing LLC raised its holdings in Alamo Group by 110.6% in the 1st quarter. GAMMA Investing LLC now owns 238 shares of the industrial products company's stock worth $42,000 after purchasing an additional 125 shares during the period. Harbor Capital Advisors Inc. boosted its position in Alamo Group by 2.6% during the first quarter. Harbor Capital Advisors Inc. now owns 47,945 shares of the industrial products company's stock worth $8,544,000 after purchasing an additional 1,210 shares in the last quarter. Finally, Vest Financial LLC acquired a new stake in Alamo Group in the first quarter valued at approximately $2,427,000. 92.36% of the stock is owned by hedge funds and other institutional investors.

Alamo Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 29th. Stockholders of record on Wednesday, April 16th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 0.72%. The ex-dividend date of this dividend is Wednesday, April 16th. Alamo Group's dividend payout ratio (DPR) is 12.46%.

Alamo Group Company Profile

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.

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