DA Davidson Has Bearish Forecast for Alamo Group Q1 Earnings

Alamo Group Inc. (NYSE:ALG) – DA Davidson reduced their Q1 2025 EPS estimates for Alamo Group in a note issued to investors on Tuesday, April 22nd. DA Davidson analyst M. Shlisky now anticipates that the industrial products company will post earnings of $2.33 per share for the quarter, down from their previous estimate of $2.70. DA Davidson has a “Buy” rating and a $195.00 price objective on the stock. The consensus estimate for Alamo Group’s current full-year earnings is $9.53 per share.

Several other analysts also recently weighed in on the stock. Robert W. Baird downgraded shares of Alamo Group from an “outperform” rating to a “neutral” rating and dropped their target price for the stock from $224.00 to $177.00 in a research report on Friday, February 28th. Industrial Alliance Securities set a $217.00 price objective on shares of Alamo Group in a report on Monday, March 3rd. Baird R W lowered Alamo Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 28th. Finally, StockNews.com downgraded Alamo Group from a “buy” rating to a “hold” rating in a research note on Wednesday, March 5th.

Alamo Group Price Performance

Shares of NYSE ALG opened at $170.37 on Thursday. Alamo Group has a fifty-two week low of $157.07 and a fifty-two week high of $205.62. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.39 and a current ratio of 4.15. The company has a market cap of $2.06 billion, a PE ratio of 17.16 and a beta of 1.00. The business has a 50-day simple moving average of $178.10 and a two-hundred day simple moving average of $183.38.

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

Alamo Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 29th. Investors of record on Wednesday, April 16th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a $1.20 annualized dividend and a dividend yield of 0.70%. Alamo Group’s dividend payout ratio (DPR) is presently 12.46%.

Institutional Investors Weigh In On Alamo Group

Hedge funds have recently added to or reduced their stakes in the business. Smartleaf Asset Management LLC lifted its holdings in shares of Alamo Group by 442.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 206 shares of the industrial products company’s stock valued at $38,000 after buying an additional 168 shares during the period. Barclays PLC boosted its position in Alamo Group by 204.7% in the 3rd quarter. Barclays PLC now owns 22,417 shares of the industrial products company’s stock worth $4,039,000 after purchasing an additional 15,061 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Alamo Group by 5.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 141,045 shares of the industrial products company’s stock worth $26,222,000 after purchasing an additional 6,666 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Alamo Group by 14.5% during the 3rd 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 in the last quarter. Finally, Intech Investment Management LLC lifted its stake in shares of Alamo Group by 63.9% in the 4th quarter. Intech Investment Management LLC now owns 4,405 shares of the industrial products company’s stock valued at $819,000 after purchasing an additional 1,718 shares during the period. 92.36% of the stock is owned by hedge funds and other institutional investors.

About Alamo Group

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.