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NYSE:ALG

Alamo Group (ALG) Stock Price, News & Analysis

$170.43
-2.94 (-1.70%)
(As of 09/6/2024 ET)
Today's Range
$170.43
$174.22
50-Day Range
$164.64
$194.96
52-Week Range
$157.74
$231.40
Volume
45,166 shs
Average Volume
73,792 shs
Market Capitalization
$2.05 billion
P/E Ratio
15.16
Dividend Yield
0.61%
Price Target
$218.00

Alamo Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
27.9% Upside
$218.00 Price Target
Short Interest
Bearish
2.97% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.98mentions of Alamo Group in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$111,793 Sold Last Quarter
Proj. Earnings Growth
23.56%
From $10.23 to $12.64 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.

4.10 out of 5 stars

Industrial Products Sector

53rd out of 165 stocks

Farm Machinery & Equipment Industry

2nd 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

The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Alamo Group Inc. (NYSE:ALG) Sees Significant Growth in Short Interest
Alamo Group Inc. (NYSE:ALG) EVP Sells $54,384.00 in Stock
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Navigating 4 Analyst Ratings For Alamo Group
Alamo Group Sells Parts-Making Unit in Iowa
Alamo Drafthouse Cinema on way to Santa Clara mall
Alamo Group: Solid Compounder At An Attractive Price
See More Headlines
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Company Calendar

Ex-Dividend for 7/29 Dividend
7/16/2024
Dividend Payable
7/29/2024
Last Earnings
7/31/2024
Today
9/07/2024
Next Earnings (Estimated)
11/07/2024
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
$218.00
High Stock Price Target
$219.00
Low Stock Price Target
$217.00
Potential Upside/Downside
+27.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$136.16 million
Pretax Margin
9.72%

Debt

Sales & Book Value

Annual Sales
$1.68 billion
Cash Flow
$14.14 per share
Book Value
$81.24 per share

Miscellaneous

Free Float
11,884,000
Market Cap
$2.05 billion
Optionable
Optionable
Beta
1.07
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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 2024. Since then, ALG stock has decreased by 18.9% and is now trading at $170.43.
View the best growth stocks for 2024 here
.

How were Alamo Group's earnings last quarter?

Alamo Group Inc. (NYSE:ALG) issued its quarterly earnings data on Wednesday, July, 31st. The industrial products company reported $2.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.79 by $0.44. The industrial products company had revenue of $416.30 million for the quarter. Alamo Group had a net margin of 7.56% and a trailing twelve-month return on equity of 13.51%.

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.

Who are Alamo Group's major shareholders?

Alamo Group's top institutional investors include Dimensional Fund Advisors LP (5.03%), Allspring Global Investments Holdings LLC (4.95%), Victory Capital Management Inc. (3.21%) and Vaughan Nelson Investment Management L.P. (3.09%). Insiders that own company stock include Jeffery Allen Leonard, Richard J Wehrle, Michael A Haberman, Richard Hodges Raborn, Edward Rizzuti, Robert P Bauer, Dan Edward Malone, Janet S Pollock 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 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 9/7/2024 by MarketBeat.com Staff

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