2 weeks Ago By ABMN Staff
Alamo Group Inc. ( NYSE:ALG – Free Report ) – Analysts at DA Davidson decreased their FY2025 earnings per share (EPS) estimates for Alamo Group in a research report issued on Tuesday, April 22nd. DA Davidson analyst M.
Shlisky now anticipates that the industrial products company will post earnings of $10.42 per share for the year, down from their previous estimate of $10.94.
DA Davidson currently has a “Buy” rating and a $195.00 target price on the stock. The consensus estimate for Alamo Group’s current full-year earnings is $9.
53 per share. DA Davidson also issued estimates for Alamo Group’s FY2026 earnings at $11.88 EPS.
ALG has been the subject of several other research reports. StockNews.com lowered Alamo Group from a “buy” rating to a “hold” rating in a research report on Wednesday, March 5th.
Industrial Alliance Securities set a $217.00 target price on shares of Alamo Group in a research note on Monday, March 3rd. Baird R W cut Alamo Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 28th.
Finally, Robert W. Baird downgraded Alamo Group from an “outperform” rating to a “neutral” rating and reduced their price target for the company from $224.00 to $177.
00 in a report on Friday, February 28th. Alamo Group Trading Up 1.1 % NYSE:ALG opened at $170.
37 on Wednesday. Alamo Group has a 12 month low of $157.07 and a 12 month high of $205.
62. The company has a current ratio of 4.15, a quick ratio of 2.
39 and a debt-to-equity ratio of 0.21. The company has a 50-day moving average price of $178.
10 and a 200-day moving average price of $183.38. The stock has a market cap of $2.
06 billion, a price-to-earnings ratio of 17.16 and a beta of 1.00.
Alamo Group ( NYSE:ALG – Get Free Report ) last issued its quarterly earnings data on Thursday, February 27th. The industrial products company reported $2.39 earnings per share for the quarter, topping analysts’ consensus estimates of $2.
23 by $0.16. The firm had revenue of $385.
32 million for the quarter, compared to analyst estimates of $396.85 million. Alamo Group had a return on equity of 12.
41% and a net margin of 7.19%. Institutional Inflows and Outflows Several institutional investors and hedge funds have recently bought and sold shares of the company.
Allspring Global Investments Holdings LLC increased its position in shares of Alamo Group by 4.0% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 699,563 shares of the industrial products company’s stock valued at $125,732,000 after purchasing an additional 26,835 shares during the last quarter.
GHP Investment Advisors Inc. increased its holdings in Alamo Group by 8.2% during the first quarter.
GHP Investment Advisors Inc. now owns 12,063 shares of the industrial products company’s stock valued at $2,150,000 after buying an additional 911 shares during the last quarter. Azzad Asset Management Inc.
ADV raised its position in Alamo Group by 3.1% in the first quarter. Azzad Asset Management Inc.
ADV now owns 5,371 shares of the industrial products company’s stock worth $957,000 after acquiring an additional 161 shares during the period. GAMMA Investing LLC boosted its stake in shares of Alamo Group by 110.6% during the 1st quarter.
GAMMA Investing LLC now owns 238 shares of the industrial products company’s stock worth $42,000 after acquiring an additional 125 shares during the last quarter. Finally, Harbor Capital Advisors Inc. grew its position in shares of Alamo Group by 2.
6% during the 1st quarter. Harbor Capital Advisors Inc. now owns 47,945 shares of the industrial products company’s stock valued at $8,544,000 after acquiring an additional 1,210 shares during the period.
92.36% of the stock is owned by hedge funds and other institutional investors. Alamo Group Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 29th.
Investors of record on Wednesday, April 16th will be given a dividend of $0.30 per share. This represents a $1.
20 dividend on an annualized basis and a yield of 0.70%. The ex-dividend date is Wednesday, April 16th.
Alamo Group’s dividend payout ratio (DPR) is presently 12.46%. About Alamo Group ( Get Free Report ) 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 equipment, and replacement parts. Featured Stories Receive News & Ratings for Alamo Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alamo Group and related companies with MarketBeat.
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