What is DA Davidson's Estimate for Alamo Group Q1 Earnings?

Alamo Group Inc. (NYSE:ALG - Free Report) - DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for Alamo Group in a report issued on Tuesday, March 4th. DA Davidson analyst M. Shlisky forecasts that the industrial products company will post earnings of $2.70 per share for the quarter. DA Davidson currently has a "Buy" rating and a $217.00 target price 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 FY2025 earnings at $10.94 EPS and FY2026 earnings at $12.52 EPS.

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

A number of other equities research analysts also recently weighed in on the company. StockNews.com downgraded Alamo Group from a "buy" rating to a "hold" rating in a research report on Wednesday. Robert W. Baird downgraded Alamo Group from an "outperform" rating to a "neutral" rating and decreased their target price for the stock from $224.00 to $177.00 in a research report on Friday, February 28th. Finally, Baird R W downgraded Alamo Group from a "strong-buy" rating to a "hold" rating in a research report on Friday, February 28th.

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Alamo Group Stock Performance

ALG stock traded up $0.25 during trading on Wednesday, reaching $183.28. 117,350 shares of the stock were exchanged, compared to its average volume of 105,603. Alamo Group has a twelve month low of $163.74 and a twelve month high of $228.88. The company has a market capitalization of $2.21 billion, a P/E ratio of 18.46 and a beta of 1.10. The stock has a 50 day simple moving average of $183.01 and a 200-day simple moving average of $184.14. The company has a current ratio of 4.15, a quick ratio of 2.39 and a debt-to-equity ratio of 0.21.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of ALG. Creative Planning boosted its holdings in shares of Alamo Group by 33.2% in the 3rd quarter. Creative Planning now owns 2,004 shares of the industrial products company's stock worth $361,000 after acquiring an additional 499 shares in the last quarter. Nisa Investment Advisors LLC raised its position in Alamo Group by 700.0% in the 3rd quarter. Nisa Investment Advisors LLC now owns 176 shares of the industrial products company's stock worth $32,000 after purchasing an additional 154 shares during the last quarter. JNBA Financial Advisors bought a new position in Alamo Group in the 3rd quarter worth approximately $37,000. State of New Jersey Common Pension Fund D raised its position in Alamo Group by 10.0% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 10,705 shares of the industrial products company's stock worth $1,928,000 after purchasing an additional 971 shares during the last quarter. Finally, GSA Capital Partners LLP bought a new position in Alamo Group in the 3rd quarter worth approximately $1,138,000. 92.36% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Alamo Group

In other news, VP Janet S. Pollock sold 257 shares of the business's stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $193.41, for a total value of $49,706.37. Following the transaction, the vice president now directly owns 3,360 shares of the company's stock, valued at $649,857.60. The trade was a 7.11 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.40% of the company's stock.

Alamo Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 29th. Shareholders of record on Thursday, January 16th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 0.65%. This is an increase from Alamo Group's previous quarterly dividend of $0.26. The ex-dividend date of this dividend was Thursday, January 16th. Alamo Group's payout ratio is presently 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.