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