Q1 Earnings Forecast for Alamo Group Issued By DA Davidson

Alamo Group Inc. (NYSE:ALG) – Stock analysts at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for shares of Alamo Group in a report released on Tuesday, March 4th. DA Davidson analyst M. Shlisky anticipates that the industrial products company will post earnings of $2.70 per share for the quarter. DA Davidson currently has a “Buy” rating and a $217.00 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 FY2025 earnings at $10.94 EPS and FY2026 earnings at $12.52 EPS.

Alamo Group (NYSE:ALG) last released its earnings results on Thursday, February 27th. The industrial products company reported $2.39 earnings per share for the quarter, beating the consensus estimate of $2.23 by $0.16. The firm had revenue of $385.32 million for the quarter, compared to the consensus estimate of $396.85 million. Alamo Group had a return on equity of 12.41% and a net margin of 7.19%.

Several other brokerages have also recently weighed in on ALG. StockNews.com cut Alamo Group from a “buy” rating to a “hold” rating in a report on Wednesday. Baird R W cut Alamo Group from a “strong-buy” rating to a “hold” rating in a report on Friday, February 28th. Finally, Robert W. Baird cut Alamo Group from an “outperform” rating to a “neutral” rating and lowered their target price for the stock from $224.00 to $177.00 in a report on Friday, February 28th.

Alamo Group Price Performance

ALG opened at $178.33 on Wednesday. The business has a fifty day moving average of $183.16 and a 200 day moving average of $184.07. Alamo Group has a 52-week low of $163.74 and a 52-week high of $228.88. The company has a quick ratio of 2.39, a current ratio of 4.15 and a debt-to-equity ratio of 0.21. The stock has a market cap of $2.15 billion, a P/E ratio of 17.96 and a beta of 1.10.

Institutional Investors Weigh In On Alamo Group

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Creative Planning increased its stake in Alamo Group by 33.2% during the third quarter. Creative Planning now owns 2,004 shares of the industrial products company’s stock worth $361,000 after acquiring an additional 499 shares during the last quarter. Advantage Alpha Capital Partners LP purchased a new position in Alamo Group in the third quarter valued at $3,014,000. Barclays PLC boosted its holdings in Alamo Group by 204.7% in the third quarter. Barclays PLC now owns 22,417 shares of the industrial products company’s stock valued at $4,039,000 after purchasing an additional 15,061 shares during the period. JPMorgan Chase & Co. boosted its holdings in Alamo Group by 14.5% in the third quarter. JPMorgan Chase & Co. now owns 76,555 shares of the industrial products company’s stock valued at $13,790,000 after purchasing an additional 9,710 shares during the period. Finally, State Street Corp lifted its holdings in Alamo Group by 2.6% during the 3rd quarter. State Street Corp now owns 391,728 shares of the industrial products company’s stock worth $70,562,000 after buying an additional 10,013 shares during the last quarter. Institutional investors and hedge funds own 92.36% of the company’s stock.

Insiders Place Their Bets

In other news, VP Janet S. Pollock sold 257 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $193.41, for a total value of $49,706.37. Following the transaction, the vice president now owns 3,360 shares in the company, valued at $649,857.60. This trade represents a 7.11 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.40% of the stock is currently owned by company insiders.

Alamo Group Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 29th. Stockholders of record on Thursday, January 16th were paid a $0.30 dividend. This is an increase from Alamo Group’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend was Thursday, January 16th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.67%. Alamo Group’s dividend payout ratio is presently 12.46%.

Alamo Group Company Profile

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.