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How to buy Alamo Group (ALG) shares
Learn how to easily invest in Alamo Group shares.
Alamo Group is a farm & heavy construction machinery business based in the US. Alamo Group stocks (ALG.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $145.02 – an increase of 0.67% over the previous week. Alamo Group employs 3,990 staff and has a trailing 12-month revenue of around $1.3 billion.
How to buy shares in Alamo Group
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – ALG – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
Is it a good time to buy Alamo Group stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
What's in this guide?
- Can I buy shares in Alamo Group?
- Has coronavirus impacted Alamo Group shares?
- Alamo Group shares summary
- Compare share dealing platforms
- Is Alamo Group stock a buy or sell?
- Alamo Group performance over time
- Are Alamo Group shares over-valued?
- Alamo Group's financials
- How volatile are Alamo Group shares?
- Does Alamo Group pay a dividend?
- Other common questions
How has Coronavirus impacted Alamo Group's stock price?
Since the stock market crash in March caused by coronavirus, Alamo Group's stock price has had significant positive movement.
Its last market close was $158.52, which is 18.55% up on its pre-crash value of $129.11 and 123.30% up on the lowest point reached during the March crash when the stocks fell as low as $70.99.
If you had bought $1,000 worth of Alamo Group stocks at the start of February 2020, those stocks would have been worth $608.84 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,258.65.
Alamo Group stock price (NYSE:ALG)Use our graph to track the performance of ALG stocks over time.
Alamo Group shares at a glance
|Latest market close||$158.52|
|52-week range||$134.39 - $165.46|
|50-day moving average||$150.47|
|200-day moving average||$150.48|
|Wall St. target price||$170.75|
|Dividend yield||$0.55 (0.45%)|
|Earnings per share (TTM)||$5.81|
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Note: The dollar amounts in the table below are in Canadian dollars.
Alamo Group price performance over time
|1 week (2022-01-11)||0.67%|
|1 month (2021-12-17)||12.55%|
|3 months (2021-10-18)||8.56%|
|6 months (2021-07-16)||10.60%|
|1 year (2021-01-15)||4.63%|
|2 years (2020-01-17)||21.26%|
|3 years (2019-01-18)||84.39%|
|5 years (2017-01-18)||106.41%|
Is Alamo Group under- or over-valued?
Valuing Alamo Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Alamo Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Alamo Group's P/E ratio
Alamo Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 27x. In other words, Alamo Group shares trade at around 27x recent earnings.
That's comparable to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29).
Alamo Group's PEG ratio
Alamo Group's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.89. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Alamo Group's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Alamo Group's EBITDA
Alamo Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $153.2 million.
The EBITDA is a measure of a Alamo Group's overall financial performance and is widely used to measure a its profitability.
Alamo Group financials
|Revenue TTM||$1.3 billion|
|Operating margin TTM||8.46%|
|Gross profit TTM||$296.9 million|
|Return on assets TTM||5.69%|
|Return on equity TTM||10.66%|
|Market capitalisation||$1.9 billion|
TTM: trailing 12 months
Alamo Group share dividends
Dividend payout ratio: 9.79% of net profits
Recently Alamo Group has paid out, on average, around 9.79% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.45% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Alamo Group shareholders could enjoy a 0.45% return on their shares, in the form of dividend payments. In Alamo Group's case, that would currently equate to about $0.55 per share.
While Alamo Group's payout ratio might seem low, this can signify that Alamo Group is investing more in its future growth.
Alamo Group's most recent dividend payout was on 31 January 2022. The latest dividend was paid out to all shareholders who bought their shares by 13 January 2022 (the "ex-dividend date").
Alamo Group share price volatility
Over the last 12 months, Alamo Group's shares have ranged in value from as little as $134.386 up to $165.4646. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Alamo Group's is 0.9944. This would suggest that Alamo Group's shares are less volatile than average (for this exchange).
Alamo Group overview
Alamo Group Inc. designs, manufactures, distributes, and services agricultural and infrastructure maintenance equipment for governmental and industrial use worldwide. The company offers hydraulically-powered and tractor-mounted mowers, such as boom-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. It also provides truck-mounted air vacuum, mechanical broom, and regenerative air sweepers; pothole patchers; leaf collection equipment and replacement brooms; parking lot and street sweepers; excavators; catch basin cleaners and roadway debris vacuum systems; truck-mounted vacuum trucks, combination sewer cleaners, and hydro excavators; ice control products; snow plows and heavy duty snow removal equipment, hitches, attachments, and graders; landscape and vegetation maintenance equipment; and public works and runway maintenance products, parts, and services. In addition, the company offers rotary and finishing mowers, flail and disc mowers, front-end loaders, backhoes, rotary tillers, posthole diggers, scraper blades, and replacement parts, as well as zero turn radius mowers; cutting parts, plain and hard-faced replacement tillage tools, disc blades, and fertilizer application components; aftermarket agricultural parts; and heavy-duty mechanical rotary mowers, snow blowers, rock removal equipment, and replacement parts. Further, it provides tractor attachments; agricultural implements; hydraulic and boom-mounted hedge and grass cutters, and other tractor attachments and implements; hedgerow cutters, industrial grass mowers, and agricultural seedbed preparation cultivators; self-propelled sprayers and multi-drive load-carrying vehicles; cutting blades; hydraulic and mechanical boom mowers; and high pressure cleaning systems and trenchers. Alamo Group Inc.
Frequently asked questions
Alamo Group in the news
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Alamo Group's (NYSE:ALG) investors will be pleased with their impressive 105% return over the last five years
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