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How to buy Alamo Group stock (ALG)

Buy Alamo Group stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Alamo Group is a farm & heavy construction machinery business based in the US. Alamo Group shares (ALG) are listed on the NYSE and all prices are listed in US Dollars. Alamo Group employs 4,350 staff and has a trailing 12-month revenue of around $1.7 billion.

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Alamo Group stock price (NYSE: ALG)

Use our graph to track the performance of ALG stocks over time.

Alamo Group shares at a glance

Information last updated 2024-07-21.
Latest market close$192.03
52-week range$157.11 - $230.78
50-day moving average $182.43
200-day moving average $194.11
Wall St. target price$234.00
PE ratio 16.3437
Dividend yield $0.92 (0.57%)
Earnings per share (TTM) $11.23

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.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Alamo Group price performance over time

Historical closes compared with the close of $192.03 from 2024-07-25

1 week (2024-07-19) 4.63%
1 month (2024-06-27) 12.29%
3 months (2024-04-26) -3.27%
6 months (2024-01-26) -9.85%
1 year (2023-07-27) 0.35%
2 years (2022-07-27) 55.36%
3 years (2021-07-27) 34.46%
5 years (2019-07-26) 94.87%

Is Alamo Group stock undervalued or overvalued?

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 16x. In other words, Alamo Group shares trade at around 16x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

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 $245.4 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 $1.7 billion
Operating margin TTM 11.04%
Gross profit TTM $376.5 million
Return on assets TTM 8.31%
Return on equity TTM 15.17%
Profit margin 7.92%
Book value $80.29
Market Capitalization $2.2 billion

TTM: trailing 12 months

Alamo Group share dividends

9%

Dividend payout ratio: 8.9% of net profits

Recently Alamo Group has paid out, on average, around 8.9% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.57% 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 0.57% return on their shares, in the form of dividend payments. In Alamo Group's case, that would currently equate to about $0.92 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 28 July 2024. The latest dividend was paid out to all shareholders who bought their shares by 15 July 2024 (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 $157.1107 up to $230.7762. A popular way to gauge a stock's volatility is its "beta".

ALG.US volatility(beta: 1.04)Avg. volatility(beta: 1.00)LowHigh

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 1.036. This would suggest that Alamo Group's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Alamo Group overview

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. This segment also provides rotary and finishing mowers, flail and disc mowers, front-end loaders, backhoes, rotary tillers, posthole diggers, scraper blades and replacement parts, zero turn radius mowers, cutting parts, plain and hard-faced replacement tillage tools, disc blades, and fertilizer application components; aftermarket agricultural parts, heavy-duty mechanical rotary mowers, snow blowers, rock removal equipment, tractor attachments, agricultural implements, hydraulic and boom-mounted hedge and grass cutters, hedgerow cutters, industrial grass mowers, agricultural seedbed preparation cultivators, self-propelled sprayers and multi-drive load-carrying vehicles, and cutting blades. The company's Industrial Equipment Division segment offers 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, as well as truck-mounted vacuum machines, combination sewer cleaners, and hydro excavators. This segment also offers ice control products, snowplows and heavy duty snow removal equipment, hitches, attachments, and graders; and public works and runway maintenance products, parts, and services, and high pressure cleaning systems and trenchers.

Frequently asked questions

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What percentage of Alamo Group is owned by insiders or institutions?
Currently 1.472% of Alamo Group shares are held by insiders and 95.05% by institutions.
How many people work for Alamo Group?
Latest data suggests 4,350 work at Alamo Group.
When does the fiscal year end for Alamo Group?
Alamo Group's fiscal year ends in December.
Where is Alamo Group based?
Alamo Group's address is: 1627 East Walnut Street, Seguin, TX, United States, 78155
What is Alamo Group's ISIN number?
Alamo Group's international securities identification number is: US0113111076
What is Alamo Group's CUSIP number?
Alamo Group's Committee on Uniform Securities Identification Procedures number is: 011311107

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