Alamo Group Inc. (ALG)

Market Cap	2.27B
Revenue (ttm)	1.66B
Net Income (ttm)	119.37M
Shares Out	12.06M
EPS (ttm)	9.93
PE Ratio	18.97
Forward PE	18.89
Dividend	$1.04 (0.55%)
Ex-Dividend Date	Oct 15, 2024

Volume	258,709
Open	192.50
Previous Close	194.51
Day's Range	188.34 - 195.63
52-Week Range	163.74 - 231.40
Beta	1.10
Analysts	Strong Buy
Price Target	231.33 (+22.83%)
Earnings Date	Feb 20, 2025

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 22.83% from the latest price.

Price Target

$231.33

(22.83% upside)

Analyst Consensus: Strong Buy