Alamo Group Inc. (ALG)

NYSE: ALG · IEX Real-Time Price · USD
210.19
-1.28 (-0.61%)
Dec 29, 2023, 4:00 PM EST - Market closed
-0.61%
Market Cap 2.52B
Revenue (ttm) 1.66B
Net Income (ttm) 133.80M
Shares Out 12.01M
EPS (ttm) 11.17
PE Ratio 18.82
Forward PE 16.54
Dividend $0.88 (0.42%)
Ex-Dividend Date Oct 13, 2023
Volume 35,932
Open 211.00
Previous Close 211.47
Day's Range 208.70 - 211.88
52-Week Range 139.44 - 216.34
Beta 1.04
Analysts Strong Buy
Price Target 214.50 (+2.05%)
Earnings Date Feb 22, 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 4,200
Stock Exchange NYSE
Ticker Symbol ALG
Full Company Profile

Financial Performance

In 2022, Alamo Group's revenue was $1.51 billion, an increase of 13.45% compared to the previous year's $1.33 billion. Earnings were $101.93 million, an increase of 27.02%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for ALG stock is "Strong Buy." The 12-month stock price forecast is $214.5, which is an increase of 2.05% from the latest price.

Price Target
$214.5
(2.05% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

ALAMO GROUP ANNOUNCES RECORD 2023 THIRD QUARTER SALES AND EARNINGS

SEGUIN, Texas , Nov. 2, 2023 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today reported results for the third quarter ended September 30, 2023. Highlights for the Quarter Eighth consecutive quarterly...

2 months ago - PRNewsWire

ALAMO GROUP INC. ANNOUNCES THIRD QUARTER 2023 EARNINGS CONFERENCE CALL

SEGUIN, Texas , Oct. 26, 2023 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today announced that it will release financial results for the third quarter of 2023 after the market closes on Thursday, Nov...

2 months ago - PRNewsWire

ALAMO GROUP INC. ANNOUNCES ACQUISITION OF ROYAL TRUCK & EQUIPMENT

SEGUIN, Texas , Oct. 10, 2023 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) announced that it has acquired 100% of the outstanding equity capital of Royal Truck & Equipment, Inc. ("Royal Truck"), a lea...

2 months ago - PRNewsWire

ALAMO GROUP INC. DECLARES REGULAR QUARTERLY DIVIDEND

SEGUIN, Texas , Oct. 2, 2023 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) announced today that its Board of Directors has declared its quarterly dividend of $0.22 per share. Payment will be made on Oc...

3 months ago - PRNewsWire

ALAMO GROUP ANNOUNCES RECORD 2023 SECOND QUARTER SALES AND EARNINGS

SEGUIN, Texas , Aug. 2, 2023 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today reported results for the second quarter ended June 30, 2023. Highlights for the Quarter Net sales of $440.7 million, up ...

5 months ago - PRNewsWire

ALAMO GROUP INC. ANNOUNCES SECOND QUARTER 2023 EARNINGS CONFERENCE CALL

SEGUIN, Texas , July 26, 2023 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today announced that it will release financial results for the second quarter of 2023 after the market closes on Wednesday, A...

5 months ago - PRNewsWire

ALAMO GROUP ANNOUNCES RECORD 2023 FIRST QUARTER SALES AND EARNINGS

SEGUIN, Texas , May 4, 2023 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today reported results for the first quarter ended March 31, 2023. Highlights for the Quarter Net sales of $411.8 million, up 1...

8 months ago - PRNewsWire

ALAMO GROUP INC. ANNOUNCES FIRST QUARTER 2023 EARNINGS CONFERENCE CALL

SEGUIN, Texas , April 27, 2023 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today announced that it will release financial results for the first quarter 2023 after the market closes on Thursday, May 4...

8 months ago - PRNewsWire

ALAMO GROUP ANNOUNCES RECORD 2022 FOURTH QUARTER AND YEAR END RESULTS

SEGUIN, Texas , Feb. 23, 2023 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today reported results for the fourth quarter and year ended December 31, 2022. Highlights Fourth quarter net sales of $386.6...

11 months ago - PRNewsWire

ALAMO GROUP INC. ANNOUNCES FOURTH QUARTER AND YEAR-END 2022 EARNINGS CONFERENCE CALL

SEGUIN, Texas , Feb. 17, 2023 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) announced it will host a conference call to discuss fourth quarter and year end 2022 financial results on Friday, February 24...

11 months ago - PRNewsWire

ALAMO GROUP INC. DECLARES AND INCREASES REGULAR QUARTERLY DIVIDEND

SEGUIN, Texas , Jan. 3, 2023 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) announced today that its Board of Directors has declared its quarterly dividend of $0.22 per share, approving an increase in t...

1 year ago - PRNewsWire

ALAMO GROUP ANNOUNCES RECORD 2022 THIRD QUARTER SALES AND EARNINGS

SEGUIN, Texas , Nov. 3, 2022 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) today reported record results for the third quarter ended September 30, 2022. Highlights for the Quarter Net sales of $368.8 m...

1 year ago - PRNewsWire

ALAMO GROUP INC. ANNOUNCES THIRD QUARTER 2022 EARNINGS CONFERENCE CALL

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

1 year ago - PRNewsWire

Nexstim Receives an NBT® System Order from Alamo Neurosurgical Institute

Press release , Helsinki, 2 5 October 2022 at 9 AM (EE S T)

1 year ago - GlobeNewsWire

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 ...

1 year 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, Augu...

1 year 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 1...

1 year 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 ...

1 year 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 co...

1 year 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...

2 years 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 Thu...

2 years 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 th...

2 years 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 appoint...

2 years 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 $3...

2 years 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, Novemb...

2 years ago - PRNewsWire