Alamo Group, Inc. (ALG)

NYSE: ALG · IEX Real-Time Price · USD
122.27
-1.83 (-1.47%)
Sep 30, 2022 4:00 PM EDT - Market closed
-1.47%
Market Cap 1.46B
Revenue (ttm) 1.43B
Net Income (ttm) 83.69M
Shares Out 11.97M
EPS (ttm) 7.03
PE Ratio 17.39
Forward PE n/a
Dividend $0.68 (0.56%)
Ex-Dividend Date Jul 15, 2022
Volume 35,547
Open 124.06
Previous Close 124.10
Day's Range 122.01 - 125.81
52-Week Range 108.35 - 160.71
Beta 0.97
Analysts Buy
Price Target 153.51 (+25.6%)
Earnings Date Nov 1, 2022

About ALG

Alamo Group Inc. designs, manufactures, distributes, and services vegetation management and infrastructure maintenance equipment for governmental, industrial, and agricultural uses worldwide. Its Vegetation Management Division segment offers hydraulically-powered and tractor-mounted mowers, other cutters and replacement parts for heavy-duty and intensive uses and heavy duty applications, tractor- and truck-mounted mowing and vegetation maintenance equipment, and replacement parts. This segment also provides rotary and finishing mowers, flail an... [Read more...]

Industry Machinery
IPO Date Mar 18, 1993
CEO Ronald Robinson
Employees 4,275
Stock Exchange NYSE
Ticker Symbol ALG
Full Company Profile

Financial Performance

In 2021, Alamo Group's revenue was $1.33 billion, an increase of 14.68% compared to the previous year's $1.16 billion. Earnings were $80.25 million, an increase of 38.82%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for ALG stock is "Buy." The 12-month stock price forecast is 153.51, which is an increase of 25.55% from the latest price.

Price Target
$153.51
(25.55% upside)
Analyst Consensus: Buy
Stock Forecasts

News

5 Farm Equipment Stocks to Watch in a Promising Industry

With the Manufacturing - Farm Equipment industry set to gain from improving farm income, commodity prices and investment in technology, Deere (DE), AGCO Corp (AGCO), Lindsay (LNN), Alamo (ALG) and Titan...

Other symbols: AGCODELNNTWI
3 weeks ago - Zacks Investment Research

Alamo Group (ALG) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?

After losing some value lately, a hammer chart pattern has been formed for Alamo Group (ALG), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisi...

1 month ago - Zacks Investment Research

ALAMO GROUP ANNOUNCES RECORD 2022 SECOND QUARTER SALES AND EARNINGS

SEGUIN, Texas , Aug. 3, 2022 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today reported results for the second quarter ended June 30, 2022. Highlights for the Quarter Net sales of $396.2 million, up 14...

1 month ago - PRNewsWire

ALAMO GROUP INC. ANNOUNCES SECOND QUARTER 2022 EARNINGS CONFERENCE CALL

SEGUIN, Texas , July 27, 2022 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today announced that it will release financial results for the second quarter 2022 after the market closes on Wednesday, August...

2 months ago - PRNewsWire

ALAMO GROUP INC. DECLARES REGULAR QUARTERLY DIVIDEND

SEGUIN, Texas , July 1, 2022 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) announced today that its Board of Directors has declared its quarterly cash dividend of $0.18 per share, payable Aug 1, 2022 to ...

3 months ago - PRNewsWire

ALAMO GROUP ANNOUNCES RECORD 2022 FIRST QUARTER SALES AND EARNINGS

SEGUIN, Texas , May 4, 2022 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today reported results for the first quarter ended March 31, 2022. Highlights for the Quarter Net sales of $362.0 million, up 16....

4 months ago - PRNewsWire

ALAMO GROUP INC. ANNOUNCES FIRST QUARTER 2022 EARNINGS CONFERENCE CALL

SEGUIN, Texas , April 28, 2022 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today announced that it will release financial results for the first quarter 2022 after the market closes on Wednesday, May 4,...

5 months ago - PRNewsWire

ALAMO GROUP TARGETS 50% GREENHOUSE GAS EMISSIONS REDUCTION BY 2030

SEGUIN, Texas, March 7, 2022 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) announced today a 2030 target to reduce its greenhouse gas emissions by 50% as compared to its 2019 base year.  This target cove...

6 months ago - PRNewsWire

ALAMO GROUP ANNOUNCES RECORD 2021 FOURTH QUARTER AND YEAR END RESULTS

SEGUIN, Texas, Feb. 24, 2022 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today reported results for the fourth quarter and year ended December 31, 2021.  Highlights Fourth quarter net sales of $337.2 m...

7 months ago - PRNewsWire

ALAMO GROUP INC. ANNOUNCES FOURTH QUARTER AND YEAR-END 2021 EARNINGS CONFERENCE CALL

SEGUIN, Texas, Feb. 17, 2022 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today announced that it will release financial results for the fourth quarter and year-end 2021 after the market closes on Thurs...

7 months ago - PRNewsWire

Alamo Group Inc. Declares and Increases Regular Quarterly Dividend

SEGUIN, Texas, Jan. 3, 2022 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) announced today that its Board of Directors has declared its quarterly dividend of $0.18 per share, approving an increase in the ...

8 months ago - PRNewsWire

Alamo Group Announces Board Expansion And Appointment Of New Board Member

SEGUIN, Texas, Dec. 9, 2021 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) is pleased to announce that it has expanded the membership of its Board of Directors from eight to nine members and has appointed...

9 months ago - PRNewsWire

Alamo Group Announces 2021 Third Quarter Results

SEGUIN, Texas, Nov. 3, 2021 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today reported results for the third quarter ended September 30, 2021. Highlights for the Quarter Total company net sales of $338...

10 months ago - PRNewsWire

Alamo Group Inc. Announces Third Quarter 2021 Earnings Conference Call

SEGUIN, Texas, Oct. 28, 2021 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today announced that it will release financial results for the third quarter 2021 after the market closes on Wednesday, November...

11 months ago - PRNewsWire

Alamo Group Announces Acquisition Of U.K.-Based Timberwolf Limited

SEGUIN, Texas, Oct. 26, 2021 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today announced that it has acquired 100% of the outstanding capital shares of Timberwolf Limited ("Timberwolf") in the U.K.  Ti...

11 months ago - PRNewsWire

Alamo Group Inc Ranked Among Today's Top Buys Amid Inflation Fears

The Dow Jones jumped for a second straight day and rose about 80 points or 0.3%. The S&P 500 rose 0.3% and the Nasdaq added 0.4%.

1 year ago - Forbes

2 Takeaways from Alamo Group's Vigorous Q2 Report

The vegetation management and industrial vehicle company faces challenges but also has opportunities.

1 year ago - The Motley Fool

Alamo Group: Q2 Earnings Insights

Shares of Alamo Group (NYSE:ALG) rose in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 85.85% over the past year to $1.97, which beat the estimate...

1 year ago - Benzinga

Alamo Group Announces 2021 Second Quarter Results

SEGUIN, Texas, Aug. 4, 2021 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today reported results for the second quarter ended June 30, 2021. Highlights for the Quarter Second quarter sales and net income...

1 year ago - PRNewsWire

Alamo Group Inc. Announces Second Quarter 2021 Earnings Conference Call

SEGUIN, Texas, July 28, 2021 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today announced that it will release financial results for the second quarter 2021 after the market closes on Wednesday, August ...

1 year ago - PRNewsWire

Alamo Group Announces Prospective Change In Segment Reporting, Executive Leadership Appointments, And Enhanced Focus ...

SEGUIN, Texas, July 19, 2021 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today announced the following segment reporting change and executive leadership appointments: Realignment of the Agricultural Di...

1 year ago - PRNewsWire

Artificial Intelligence Ranks Alamo Group Inc Among Today's Top Buys

The Dow Jones rose 3 points, the S&P 500 continued trading just below its record high and gained nearly 0.2%, while the Nasdaq gained 0.4%. Make the most of today's markets with the Top Buys of the day.

Other symbols: DCIFELEGTESLOW
1 year ago - Forbes

Alamo Group Announces 2021 First Quarter Results

SEGUIN, Texas, May 5, 2021 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today reported results for the first quarter ended March 31, 2021. Highlights for the Quarter Record net income for a first quarte...

1 year ago - PRNewsWire

Alamo Group Inc. Announces First Quarter 2021 Earnings Conference Call

SEGUIN, Texas, April 28, 2021 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today announced that it will release financial results for the first quarter 2021 after the market closes on Wednesday, May 5, ...

1 year ago - PRNewsWire

Alamo Group Announces CEO Succession Plan

SEGUIN, Texas, April 1, 2021 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today announced that Jeffery A. Leonard will succeed Ronald A.

1 year ago - PRNewsWire