Alamo Group Stock Filter Stocks by Fundamentals
| ALG Stock | USD 206.61 6.13 2.88% |
Alamo Group fundamentals help investors to digest information that contributes to Alamo's financial success or failures. It also enables traders to predict the movement of Alamo Stock. The fundamental analysis module provides a way to measure Alamo's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Alamo stock.
| Last Reported | Projected for Next Year | ||
| Debt To Equity | 0.26 | 0.35 |
Alamo | Debt to Equity |
Did you try this?
Run Stock Screener Now
Stock ScreenerFind equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |
| All Next | Launch Module |
Alamo Fundamentals
| Return On Equity | 0.16 | |||
| Return On Asset | 0.0911 | |||
| Profit Margin | 0.08 % | |||
| Operating Margin | 0.11 % | |||
| Current Valuation | 2.79 B | |||
| Shares Outstanding | 12.05 M | |||
| Shares Owned By Insiders | 1.43 % | |||
| Shares Owned By Institutions | 95.90 % | |||
| Number Of Shares Shorted | 212.92 K | |||
| Price To Earning | 31.28 X | |||
| Price To Book | 2.76 X | |||
| Price To Sales | 1.52 X | |||
| Revenue | 1.69 B | |||
| Gross Profit | 376.52 M | |||
| EBITDA | 245.94 M | |||
| Net Income | 136.16 M | |||
| Cash And Equivalents | 47.02 M | |||
| Cash Per Share | 6.34 X | |||
| Total Debt | 251.88 M | |||
| Debt To Equity | 0.53 % | |||
| Current Ratio | 3.95 X | |||
| Book Value Per Share | 78.50 X | |||
| Cash Flow From Operations | 131.15 M | |||
| Short Ratio | 3.04 X | |||
| Earnings Per Share | 11.36 X | |||
| Price To Earnings To Growth | 3.89 X | |||
| Target Price | 237.4 | |||
| Number Of Employees | 4.35 K | |||
| Beta | 1.04 | |||
| Market Capitalization | 2.59 B | |||
| Total Asset | 1.41 B | |||
| Retained Earnings | 852.86 M | |||
| Working Capital | 590.03 M | |||
| Current Asset | 362.89 M | |||
| Current Liabilities | 85.02 M | |||
| Annual Yield | 0 % | |||
| Five Year Return | 0.44 % | |||
| Net Asset | 1.41 B | |||
| Last Dividend Paid | 0.88 |
About Alamo Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Alamo Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alamo using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alamo Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Alamo
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Alamo position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Alamo will appreciate offsetting losses from the drop in the long position's value.Moving together with Alamo Stock
| 0.66 | KUBTY | Kubota Corp ADR | PairCorr |
Moving against Alamo Stock
| 0.43 | IDEX | Ideanomics | PairCorr |
The ability to find closely correlated positions to Alamo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alamo when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alamo - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alamo Group to buy it.
The correlation of Alamo is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alamo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alamo Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Alamo can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Alamo Piotroski F Score and Alamo Altman Z Score analysis. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Alamo Stock analysis
When running Alamo's price analysis, check to measure Alamo's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alamo is operating at the current time. Most of Alamo's value examination focuses on studying past and present price action to predict the probability of Alamo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alamo's price. Additionally, you may evaluate how the addition of Alamo to your portfolios can decrease your overall portfolio volatility.
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |
Is Alamo's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alamo. If investors know Alamo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alamo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.078 | Dividend Share 0.88 | Earnings Share 11.36 | Revenue Per Share 141.749 | Quarterly Revenue Growth 0.08 |
The market value of Alamo Group is measured differently than its book value, which is the value of Alamo that is recorded on the company's balance sheet. Investors also form their own opinion of Alamo's value that differs from its market value or its book value, called intrinsic value, which is Alamo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alamo's market value can be influenced by many factors that don't directly affect Alamo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alamo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alamo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alamo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.