Alamo Group Inc. (ALG)

Market Cap	2.39B
Revenue (ttm)	1.66B
Net Income (ttm)	119.37M
Shares Out	12.06M
EPS (ttm)	9.93
PE Ratio	19.93
Forward PE	19.85
Dividend	$1.04 (0.53%)
Ex-Dividend Date	Oct 15, 2024

Volume	44,930
Open	200.21
Previous Close	197.75
Day's Range	197.47 - 201.08
52-Week Range	163.74 - 231.40
Beta	1.08
Analysts	Strong Buy
Price Target	231.33 (+16.9%)
Earnings Date	Oct 31, 2024

About 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 equipm...

• Industry: Farm & Heavy Construction Machinery
• Sector: Industrials
• IPO Date: Mar 18, 1993
• Employees: 4,350
• Stock Exchange: NYSE
• Ticker Symbol: ALG
• Website: https://www.alamo-group.com

Financial Performance

In 2023, Alamo Group's revenue was $1.69 billion, an increase of 11.63% compared to the previous year's $1.51 billion. Earnings were $136.16 million, an increase of 33.59%.

Analyst Forecast

According to 3 analysts, the average rating for ALG stock is "Strong Buy." The 12-month stock price forecast is $231.33, which is an increase of 16.90% from the latest price.

Price Target

$231.33

(16.90% upside)

Analyst Consensus: Strong Buy