Alamo Group Inc. (ALG)
NYSE: ALG · Real-Time Price · USD
187.49
+0.95 (0.51%)
At close: Dec 24, 2024, 1:00 PM
188.26
+0.77 (0.41%)
After-hours: Dec 24, 2024, 5:00 PM EST
Alamo Group Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Alamo Group stock have an average target of 231.33, with a low estimate of 205 and a high estimate of 270. The average target predicts an increase of 23.38% from the current stock price of 187.49.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 4, 2024.
Analyst Ratings
The average analyst rating for Alamo Group stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 2 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Buy Maintains $204 → $205 | Buy | Maintains | $204 → $205 | +9.34% | Nov 4, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $209 → $219 | Strong Buy | Maintains | $209 → $219 | +16.81% | Aug 28, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $225 → $209 | Strong Buy | Maintains | $225 → $209 | +11.47% | Aug 5, 2024 |
| Baird | Baird | Buy Maintains $223 → $217 | Buy | Maintains | $223 → $217 | +15.74% | Aug 2, 2024 |
| EF Hutton | EF Hutton | Strong Buy Maintains $270 | Strong Buy | Maintains | $270 | +44.01% | Jun 13, 2024 |
Financial Forecast
Revenue This Year
1.66B
from 1.69B
Decreased by -1.99%
Revenue Next Year
1.67B
from 1.66B
Increased by 0.72%
EPS This Year
9.65
from 11.36
Decreased by -15.07%
EPS Next Year
10.96
from 9.65
Increased by 13.61%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.7B | 1.8B | 1.9B |
| Avg | 1.7B | 1.7B | 1.7B |
| Low | 1.6B | 1.6B | 1.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.4% | 8.0% | 12.1% |
| Avg | -2.0% | 0.7% | 4.2% |
| Low | -5.3% | -6.2% | -3.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.24 | 11.83 | 13.23 |
| Avg | 9.65 | 10.96 | 12.66 |
| Low | 9.23 | 10.14 | 12.19 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -9.9% | 22.7% | 20.7% |
| Avg | -15.1% | 13.6% | 15.5% |
| Low | -18.7% | 5.1% | 11.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.