Alamo Group Inc. (ALG)

NYSE: ALG · Real-Time Price · USD
195.95
+0.21 (0.11%)
Dec 11, 2024, 4:00 PM EST - Market closed
0.11%
Market Cap 2.36B
Revenue (ttm) 1.66B
Net Income (ttm) 119.37M
Shares Out 12.06M
EPS (ttm) 9.93
PE Ratio 19.73
Forward PE 19.65
Dividend $1.04 (0.53%)
Ex-Dividend Date Oct 15, 2024
Volume 76,827
Open 197.75
Previous Close 195.74
Day's Range 195.95 - 198.97
52-Week Range 163.74 - 231.40
Beta 1.10
Analysts Strong Buy
Price Target 231.33 (+18.06%)
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... [Read more]

Sector Industrials
IPO Date Mar 18, 1993
Employees 4,350
Stock Exchange NYSE
Ticker Symbol ALG
Full Company Profile

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%.

Financial Statements

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 18.06% from the latest price.

Price Target
$231.33
(18.06% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

ALAMO GROUP INC. ANNOUNCES BOARD EXPANSION AND APPOINTMENT OF NEW DIRECTOR

SEGUIN, Texas , Dec. 4, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today announced that it has expanded the membership of its Board of Directors from eight to nine members and has appointed Col...

7 days ago - PRNewsWire

Alamo Group Inc (ALG) Q3 2024 Earnings Call Transcript

Alamo Group Inc (NYSE:ALG) Q3 2024 Earnings Conference Call November 1, 2024 10:00 AM ET Company Participants Edward Rizzuti - Executive Vice President, General Counsel and Secretary Jeff Leonard - P...

5 weeks ago - Seeking Alpha

ALAMO GROUP INC. ANNOUNCES SHARE REPURCHASE PROGRAM

SEGUIN, Texas , Oct. 31, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today announced that its Board of Directors has approved a share repurchase program under which the Company is authorized to ...

5 weeks ago - PRNewsWire

ALAMO GROUP ANNOUNCES THIRD QUARTER FINANCIAL RESULTS AND COST REDUCTION ACTIONS

SEGUIN, Texas , Oct. 31, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today reported results for the third quarter ended September 30, 2024. Highlights for the Quarter Net Sales of $401.3 million...

5 weeks ago - PRNewsWire

ALAMO GROUP INC. ANNOUNCES THIRD QUARTER 2024 EARNINGS CONFERENCE CALL

SEGUIN, Texas , Oct. 24, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today announced that it will release financial results for the third quarter of 2024 after the market closes on Thursday, Oct...

6 weeks ago - PRNewsWire

ALAMO GROUP INC. DECLARES REGULAR QUARTERLY DIVIDEND

SEGUIN, Texas , Oct. 2, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) announced today that its Board of Directors has declared its quarterly dividend of $0.26 per share. Payment will be made on Oc...

2 months ago - PRNewsWire

ALAMO GROUP INC. ANNOUNCES THE SALE OF HERSCHEL PARTS BUSINESS

SEGUIN, Texas , Aug. 16, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today announced the sale of its Herschel Parts business to F.P. Bourgalt Tillage Tools Ltd.

4 months ago - PRNewsWire

Alamo Group: Solid Compounder At An Attractive Price

Alamo Group is a well-managed, stable company with strong fundamentals, making it an attractive investment for conservative investors. Alamo Group is efficiently allocating capital with a consistently...

4 months ago - Seeking Alpha

Alamo Group Inc (ALG) Q2 2024 Earnings Call Transcript

Alamo Group Inc (NYSE:ALG) Q2 2024 Results Conference Call August 1, 2024 10:00 AM ET Company Participants Edward Rizzuti - Executive Vice President, General Counsel and Secretary Jeff Leonard - Pres...

4 months ago - Seeking Alpha

ALAMO GROUP ANNOUNCES FINANCIAL RESULTS FOR THE SECOND QUARTER OF 2024

SEGUIN, Texas , July 31, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today reported results for the second quarter ended June 30, 2024. Highlights for the Quarter Net Sales of $416.3 million, do...

4 months ago - PRNewsWire

ALAMO GROUP INC. ANNOUNCES SECOND QUARTER 2024 EARNINGS CONFERENCE CALL

SEGUIN, Texas , July 24, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today announced that it will release financial results for the second quarter of 2024 after the market closes on Wednesday, J...

5 months ago - PRNewsWire

Big Sky Medical Acquires Prime Medical Outpatient Building in San Antonio's Alamo Heights

SAN ANTONIO, July 09, 2024 (GLOBE NEWSWIRE) -- Big Sky Medical, a leading healthcare real estate investment firm, today announced the acquisition of Sunset at Treeline, a cutting-edge medical outpatie...

5 months ago - GlobeNewsWire

ALAMO GROUP INC. ANNOUNCES MICHAEL A.

SEGUIN, Texas , June 10, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today announced that Michael A. Haberman, Executive Vice President of the Industrial Equipment Division, will retire from his...

6 months ago - PRNewsWire

ALAMO GROUP INC. ANNOUNCES END OF STRIKE AT GRADALL INDUSTRIES LLC

SEGUIN, Texas , May 20, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) announced that on May 20, 2024 the strike that began on April 14, 2024 by unionized workers at its subsidiary, Gradall Industr...

7 months ago - PRNewsWire

Alamo Group Inc. (ALG) Q1 2024 Earnings Call Transcript

Alamo Group Inc. (NYSE:ALG) Q1 2024 Earnings Conference Call May 3, 2024 10:00 AM ET Company Participants Edward Rizzuti - Executive Vice President, General Counsel and Secretary Jeff Leonard - Presi...

7 months ago - Seeking Alpha

ALAMO GROUP ANNOUNCES FINANCIAL RESULTS FOR THE FIRST QUARTER OF 2024

SEGUIN, Texas , May 2, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today reported results for the first quarter ended March 31, 2024. Highlights for the Quarter Record net sales of $425.6 millio...

7 months ago - PRNewsWire

Alamo Center Pioneers the Future of Legal Education with 100% Online Court Ordered Classes

SAN ANTONIO--(BUSINESS WIRE)-- #alamocenter--Alamo Center, formerly known as Alamo Center Education and Treatment, is thrilled to announce a strategic rebranding and a significant shift to a fully onl...

7 months ago - Business Wire

ALAMO GROUP INC. ANNOUNCES FIRST QUARTER 2024 EARNINGS CONFERENCE CALL

SEGUIN, Texas , April 25, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today announced that it will release financial results for the first quarter 2024 after the market closes on Thursday, May 2...

8 months ago - PRNewsWire

ALAMO GROUP INC. RECEIVES NOTIFICATION OF STRIKE AT GRADALL INDUSTRIES LLC

SEGUIN, Texas , April 16, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) was notified on April 14, 2024 that the unionized workers at its subsidiary, Gradall Industries LLC, located in New Philadel...

8 months ago - PRNewsWire

Alamo Group: A Steady Performer In The Industrials Sector

Alamo Group is a manufacturer and distributor of industrial and vegetation management equipment. Alamo Group has shown consistent growth in sales and profitability, outperforming the S&P 500 over the ...

9 months ago - Seeking Alpha

ALAMO GROUP INC. ANNOUNCES RICHARD J.

SEGUIN, Texas , March 6, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today announced that Richard J. Wehrle, Executive Vice President, Chief Financial Officer and Treasurer, will retire from the...

10 months ago - PRNewsWire

Alamo Group Inc. (ALG) Q4 2023 Earnings Call Transcript

Alamo Group Inc. (ALG) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

ALAMO GROUP INC. ANNOUNCES RETIREMENT OF BOARD MEMBER, APPOINTMENT OF NEW BOARD CHAIR AND APPOINTMENT OF NEW DIRECTOR

SEGUIN, Texas , Feb. 22, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today announced that Roderick ("Rock") R. Baty will retire from the Board of Directors effective April 30, 2024.

Other symbols: APD
10 months ago - PRNewsWire

ALAMO GROUP ANNOUNCES RECORD 2023 FOURTH QUARTER AND YEAR END RESULTS

SEGUIN, Texas , Feb. 22, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today reported results for the fourth quarter and year ended December 31, 2023. Highlights Ninth consecutive quarterly record...

10 months ago - PRNewsWire

ALAMO GROUP INC. ANNOUNCES FOURTH QUARTER 2023 EARNINGS CONFERENCE CALL

SEGUIN, Texas , Feb. 15, 2024 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today announced that it will release financial results for the fourth quarter and full year 2023 after the market closes on T...

10 months ago - PRNewsWire