Alamo Group Inc. (ALG)

Market Cap	2.34B
Revenue (ttm)	1.69B
Net Income (ttm)	136.16M
Shares Out	12.05M
EPS (ttm)	11.36
PE Ratio	17.07
Forward PE	15.78
Dividend	$1.04 (0.54%)
Ex-Dividend Date	Apr 15, 2024

Volume	86,386
Open	195.93
Previous Close	194.38
Day's Range	193.53 - 197.59
52-Week Range	157.74 - 231.40
Beta	1.04
Analysts	Strong Buy
Price Target	220.25 (+13.57%)
Earnings Date	May 2, 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...

• Industry: Farm & Heavy Construction Machinery
• Sector: Industrials
• IPO Date: Mar 18, 1993
• Employees: 4,350
• Stock Exchange: NYSE
• Ticker Symbol: ALG

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 4 analysts, the average rating for ALG stock is "Strong Buy." The 12-month stock price forecast is $220.25, which is an increase of 13.57% from the latest price.

Price Target

$220.25

(13.57% upside)

Analyst Consensus: Strong Buy