Alamo Group Stock Today

ALG Stock  USD 202.34  2.51  1.23%   

Performance

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Odds Of Distress

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Alamo is trading at 202.34 as of the 21st of April 2024. This is a -1.23% down since the beginning of the trading day. The stock's lowest day price was 202.12. Alamo has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. Equity ratings for Alamo Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of May 2022 and ending today, the 21st of April 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
18th of March 1993
Category
Industrials
Alamo Group Inc. designs, manufactures, distributes, and services vegetation management and infrastructure maintenance equipment for governmental, industrial, and agricultural uses worldwide. The company was founded in 1955 and is headquartered in Seguin, Texas. The company has 12.05 M outstanding shares of which 212.92 K shares are presently shorted by investors with about 3.04 days to cover. More on Alamo Group

Alamo Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Alamo's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Alamo or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEORonald Robinson
Thematic IdeaMachinery (View all Themes)
Old Names[Algold Resources Ltd, ALBIS LEASING AG, ALBIS LEASING AG - Hanover Stock Exchang, Ardent Leisure Ltd]
Business ConcentrationConstruction Machinery & Heavy Transportation Equipment, Farm & Heavy Construction Machinery, Industrials, NYSE Composite, WSE WIG INDEX, SP Small-Cap 600, Machinery, Industrials, Machinery, Farm & Heavy Construction Machinery, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering Alamo report their recommendations after researching Alamo's financial statements, talking to executives and customers, or listening in on Alamo's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Alamo Group. The Alamo consensus assessment is calculated by taking the average forecast from all of the analysts covering Alamo.
Financial Strength
Based on the analysis of Alamo's profitability, liquidity, and operating efficiency, Alamo Group may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Alamo Group is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.07190.0966
Way Down
Slightly volatile
Asset Turnover1.471.1989
Fairly Up
Slightly volatile
Gross Profit Margin0.260.2593
Slightly Up
Very volatile
Total Current Liabilities224.6 M213.9 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total275.8 M262.7 M
Sufficiently Up
Slightly volatile
Total Assets1.5 B1.4 B
Sufficiently Up
Slightly volatile
Total Current Assets844.2 M804 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities137.7 M131.2 M
Sufficiently Up
Slightly volatile
Alamo's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Alamo's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Alamo's financial leverage. It provides some insight into what part of Alamo's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Alamo's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Alamo deploys its capital and how much of that capital is borrowed.
Liquidity
Alamo cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 251.88 M in debt with debt to equity (D/E) ratio of 0.53, which is OK given its current industry classification. Alamo Group has a current ratio of 3.87, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Alamo until it has trouble settling it off, either with new capital or with free cash flow. So, Alamo's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Alamo Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Alamo to invest in growth at high rates of return. When we think about Alamo's use of debt, we should always consider it together with cash and equity.

Free Cash Flow

98.08 Million
Alamo Group (ALG) is traded on New York Stock Exchange in USA. It is located in 1627 East Walnut Street, Seguin, TX, United States, 78155 and employs 4,350 people. Alamo is listed under Construction Machinery & Heavy Transportation Equipment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 2.44 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Alamo's market, we take the total number of its shares issued and multiply it by Alamo's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Alamo Group runs under Machinery sector within Industrials industry. The entity has 12.05 M outstanding shares of which 212.92 K shares are presently shorted by investors with about 3.04 days to cover. Alamo Group has about 47.02 M in cash with 131.15 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.34.
Check Alamo Probability Of Bankruptcy
Ownership Allocation
Alamo Group retains a total of 12.05 Million outstanding shares. The majority of Alamo Group outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Alamo Group to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Alamo. Please pay attention to any change in the institutional holdings of Alamo Group as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Alamo Ownership Details

Alamo Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of Alamo jumping above the current price in 90 days from now is about 89.1%. The Alamo Group probability density function shows the probability of Alamo stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.8884. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Alamo will likely underperform. Additionally, alamo Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 202.34HorizonTargetOdds Above 202.34
10.74%90 days
 202.34 
89.10%
Based on a normal probability distribution, the odds of Alamo to move above the current price in 90 days from now is about 89.1 (This Alamo Group probability density function shows the probability of Alamo Stock to fall within a particular range of prices over 90 days) .

Alamo Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Alamo that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Alamo's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Alamo's value.
InstituionRecorded OnShares
Gw&k Investment Management, Llc2023-12-31
266.6 K
Geode Capital Management, Llc2023-12-31
216 K
Neumeier Investment Counsel Llc2023-12-31
198.9 K
Northern Trust Corp2023-12-31
195.9 K
Fayez Sarofim & Company2023-12-31
151.5 K
Royal Bank Of Canada2023-12-31
137.6 K
Hhg Plc2023-12-31
121 K
Charles Schwab Investment Management Inc2023-12-31
120 K
Kennedy Capital Management Inc2023-12-31
119.9 K
Blackrock Inc2023-12-31
1.7 M
Longview Management Group Llc2023-12-31
1.4 M
View Alamo Diagnostics

Alamo Historical Income Statement

Alamo Group Income Statement is one of the three primary financial statements used for reporting Alamo's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Alamo Group revenue and expense. Alamo Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Alamo's Selling General Administrative is most likely to increase significantly in the upcoming years. The Alamo's current Total Revenue is estimated to increase to about 1.8 B, while Research Development is projected to decrease to roughly 7.7 M. View More Fundamentals

Alamo Stock Against Markets

Picking the right benchmark for Alamo stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Alamo stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Alamo is critical whether you are bullish or bearish towards Alamo Group at a given time. Please also check how Alamo's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Alamo without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Alamo Corporate Directors

Alamo corporate directors refer to members of an Alamo board of directors. The board of directors generally takes responsibility for the Alamo's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Alamo's board members must vote for the resolution. The Alamo board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Helen CornellIndependent DirectorProfile
David GrzelakIndependent DirectorProfile
Robert BauerIndependent DirectorProfile
Richard ParodIndependent DirectorProfile

How to buy Alamo Stock?

Before investing in Alamo, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Alamo. To buy Alamo stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Alamo. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Alamo stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Alamo Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Alamo Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Alamo Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Alamo Stock please use our How to Invest in Alamo guide.

Already Invested in Alamo Group?

The danger of trading Alamo Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Alamo is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Alamo. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Alamo Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Alamo Group is a strong investment it is important to analyze Alamo's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alamo's future performance. For an informed investment choice regarding Alamo Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alamo Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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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.
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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
11.35
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.