Alamo Group (ALG) Stock Forecast, Price Target & Predictions
ALG Stock Forecast
Alamo Group stock forecast is as follows: an average price target of $209.00 (represents a 10.97% upside from ALG’s last price of $188.34) and a rating consensus of 'Buy', based on 13 wall street analysts offering a 1-year stock forecast.
ALG Price Target
The average price target for Alamo Group (ALG) is $209.00 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $209.00 to $209.00. This represents a potential 10.97% upside from ALG's last price of $188.34.
ALG Analyst Ratings
According to 13 Wall Street analysts, Alamo Group's rating consensus is 'Buy'. The analyst rating breakdown for ALG stock is 0 'Strong Buy' (0.00%), 7 'Buy' (53.85%), 5 'Hold' (38.46%), 1 'Sell' (7.69%), and 0 'Strong Sell' (0.00%).
Alamo Group Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 05, 2024 | Michael Shilsky | D.A. Davidson | $209.00 | $169.41 | 23.37% | 10.97% |
| May 07, 2024 | Michael Shlisky | D.A. Davidson | $225.00 | $193.28 | 16.41% | 19.46% |
| Feb 27, 2023 | Dan Dolev | Mizuho Securities | $241.00 | $178.25 | 35.20% | 27.96% |
| Oct 19, 2022 | Tim Moore | EF Hutton | $195.00 | $143.95 | 35.46% | 3.54% |
The latest Alamo Group stock forecast, released on Aug 05, 2024 by Michael Shilsky from D.A. Davidson, set a price target of $209.00, which represents a 23.37% increase from the stock price at the time of the forecast ($169.41), and a 10.97% increase from ALG last price ($188.34).
Alamo Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $217.00 |
| Last Closing Price | $188.34 | $188.34 | $188.34 |
| Upside/Downside | -100.00% | -100.00% | 15.22% |
In the current month, the average price target of Alamo Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Alamo Group's last price of $188.34. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 28, 2024 | EF Hutton | Buy | Buy | Hold |
| Mar 16, 2023 | Susquehanna | Positive | Upgrade | |
| Mar 16, 2023 | Wells Fargo | Overweight | Upgrade | |
| Mar 16, 2023 | SVB Leerink | Market Perform | Downgrade | |
| Mar 16, 2023 | Cowen & Co. | Market Perform | Downgrade | |
| Mar 16, 2023 | Exane BNP Paribas | Outperform | Initialise | |
| Mar 16, 2023 | BNP Paribas | Buy | Initialise | |
| Mar 16, 2023 | Needham | Buy | Initialise | |
| Mar 16, 2023 | Goldman Sachs | Neutral | Initialise | |
| Mar 16, 2023 | Piper Sandler | Neutral | Initialise | |
| Mar 16, 2023 | Raymond James | Outperform | Initialise | |
| Mar 16, 2023 | UBS | Neutral | Initialise | |
| Mar 16, 2023 | Redburn Partners | Sell | Initialise | |
| Oct 19, 2022 | EF Hutton | Buy | Initialise |
Alamo Group's last stock rating was published by EF Hutton on Aug 28, 2024. The company gave ALG a "Buy" rating, the same as its previous rate.
Alamo Group Financial Forecast
Alamo Group Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $419.64M | $440.69M | $411.77M | $386.60M | $368.79M | $396.21M | $362.00M | $337.17M | $338.31M | $347.55M | $311.19M | $288.62M | $291.76M | $268.63M | $314.45M | $300.19M | $271.83M |
| Avg Forecast | $421.00M | $410.70M | $412.60M | $401.90M | $421.57M | $405.90M | $419.47M | $395.23M | $396.85M | $406.72M | $428.56M | $410.68M | $419.42M | $401.52M | $432.14M | $390.05M | $367.63M | $390.63M | $369.07M | $340.30M | $327.40M | $340.83M | $311.10M | $294.60M | $289.77M | $279.48M | $273.48M | $318.02M | $291.61M | $281.25M |
| High Forecast | $433.92M | $423.31M | $425.27M | $414.24M | $434.51M | $418.36M | $432.34M | $410.80M | $405.60M | $413.05M | $441.72M | $423.29M | $432.30M | $411.50M | $445.41M | $402.02M | $378.91M | $390.63M | $369.07M | $340.30M | $327.40M | $340.83M | $311.10M | $294.60M | $289.77M | $279.48M | $273.48M | $318.02M | $291.61M | $281.25M |
| Low Forecast | $411.97M | $401.89M | $403.75M | $393.28M | $412.53M | $397.20M | $410.47M | $385.80M | $389.30M | $400.38M | $419.37M | $401.87M | $410.43M | $391.00M | $422.87M | $381.69M | $359.74M | $390.63M | $369.07M | $340.30M | $327.40M | $340.83M | $311.10M | $294.60M | $289.77M | $279.48M | $273.48M | $318.02M | $291.61M | $281.25M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 4 | 4 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 6 | 4 | 4 | 7 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 1.02% | 1.06% | 1.05% | 0.94% | 1.07% | 1.06% | 1.03% | 0.99% | 1.12% | 1.06% | 1.00% | 1.04% | 0.98% | 0.99% | 1.03% | 0.97% |
Alamo Group's average Quarter revenue forecast for Dec 23 based on 4 analysts is $419.42M, with a low forecast of $410.43M, and a high forecast of $432.30M. ALG's average Quarter revenue forecast represents a -0.05% decrease compared to the company's last Quarter revenue of $419.64M (Sep 23).
Alamo Group EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 4 | 4 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 6 | 4 | 4 | 7 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $49.75M | $54.39M | $54.22M | $46.84M | $48.71M | $51.92M | $38.45M | $38.55M | $41.44M | $48.31M | $36.21M | $25.85M | $41.72M | $32.72M | $37.53M | $27.78M | $32.33M |
| Avg Forecast | $53.39M | $52.08M | $52.32M | $50.96M | $53.46M | $51.47M | $53.19M | $50.12M | $50.32M | $51.57M | $54.34M | $49.22M | $53.19M | $50.92M | $54.80M | $44.74M | $43.21M | $44.01M | $41.58M | $40.67M | $36.88M | $38.40M | $35.05M | $34.12M | $32.64M | $31.49M | $30.81M | $30.09M | $32.85M | $31.68M |
| High Forecast | $55.02M | $53.68M | $53.93M | $52.53M | $55.10M | $53.05M | $54.82M | $52.09M | $51.43M | $52.38M | $56.01M | $59.06M | $54.82M | $52.18M | $56.48M | $53.69M | $51.85M | $44.01M | $41.58M | $48.81M | $36.88M | $38.40M | $35.05M | $40.95M | $32.64M | $31.49M | $30.81M | $36.10M | $32.85M | $31.68M |
| Low Forecast | $52.24M | $50.96M | $51.20M | $49.87M | $52.31M | $50.37M | $52.05M | $48.92M | $49.37M | $50.77M | $53.18M | $39.37M | $52.04M | $49.58M | $53.62M | $35.79M | $34.56M | $44.01M | $41.58M | $32.54M | $36.88M | $38.40M | $35.05M | $27.30M | $32.64M | $31.49M | $30.81M | $24.07M | $32.85M | $31.68M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 0.99% | 1.21% | 1.08% | 1.11% | 1.25% | 0.95% | 1.05% | 1.08% | 1.38% | 1.06% | 0.79% | 1.32% | 1.06% | 1.25% | 0.85% | 1.02% |
4 analysts predict ALG's average Quarter EBITDA for Dec 23 to be $53.19M, with a high of $54.82M and a low of $52.04M. This is 6.90% upper than Alamo Group's previous annual EBITDA (Sep 23) of $49.75M.
Alamo Group Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 4 | 4 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 6 | 4 | 4 | 7 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $34.91M | $36.37M | $33.35M | $29.16M | $25.82M | $28.47M | $18.47M | $19.23M | $17.52M | $26.04M | $17.46M | $8.08M | $20.03M | $12.99M | $15.53M | $9.57M | $17.42M |
| Avg Forecast | $39.37M | $40.82M | $39.49M | $34.32M | $37.93M | $33.47M | $34.12M | $29.46M | $28.24M | $29.86M | $33.02M | $23.64M | $32.56M | $32.32M | $37.11M | $21.49M | $13.50M | $29.09M | $23.57M | $19.54M | $19.45M | $23.67M | $19.99M | $16.46M | $16.22M | $15.86M | $9.72M | $12.45M | $17.92M | $22.49M |
| High Forecast | $40.95M | $42.45M | $41.07M | $35.69M | $39.44M | $34.81M | $35.48M | $30.38M | $29.36M | $31.10M | $34.33M | $28.37M | $33.86M | $34.76M | $38.59M | $25.79M | $16.20M | $29.09M | $23.57M | $23.45M | $19.45M | $23.67M | $19.99M | $19.75M | $16.22M | $15.86M | $9.72M | $14.94M | $17.92M | $22.49M |
| Low Forecast | $38.28M | $39.68M | $38.39M | $33.36M | $36.87M | $32.54M | $33.17M | $28.50M | $27.45M | $28.62M | $32.10M | $18.91M | $31.65M | $30.98M | $36.08M | $17.19M | $10.80M | $29.09M | $23.57M | $15.63M | $19.45M | $23.67M | $19.99M | $13.17M | $16.22M | $15.86M | $9.72M | $9.96M | $17.92M | $22.49M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | 0.98% | 1.55% | 2.16% | 0.89% | 1.21% | 0.95% | 0.99% | 0.74% | 1.30% | 1.06% | 0.50% | 1.26% | 1.34% | 1.25% | 0.53% | 0.77% |
Alamo Group's average Quarter net income forecast for Dec 23 is $32.56M, with a range of $31.65M to $33.86M. ALG's average Quarter net income forecast represents a -6.75% decrease compared to the company's last Quarter net income of $34.91M (Sep 23).
Alamo Group SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 4 | 4 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 6 | 4 | 4 | 7 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $60.56M | $59.86M | $59.67M | $51.28M | $52.72M | $55.01M | $53.63M | $52.14M | $52.59M | $50.89M | $47.33M | $47.33M | $44.07M | $41.55M | $51.25M | $44.18M | $44.26M |
| Avg Forecast | $62.94M | $61.40M | $61.69M | $60.09M | $63.03M | $60.69M | $62.72M | $59.09M | $59.33M | $60.81M | $64.07M | $68.65M | $62.71M | $60.03M | $64.61M | $62.41M | $79.10M | $57.78M | $54.59M | $56.74M | $48.43M | $50.42M | $46.02M | $44.61M | $42.86M | $41.34M | $40.46M | $41.08M | $43.14M | $41.60M |
| High Forecast | $64.88M | $63.29M | $63.58M | $61.93M | $64.96M | $62.55M | $64.64M | $61.42M | $60.64M | $61.76M | $66.04M | $82.38M | $64.63M | $61.52M | $66.59M | $74.89M | $94.92M | $57.78M | $54.59M | $68.08M | $48.43M | $50.42M | $46.02M | $53.53M | $42.86M | $41.34M | $40.46M | $49.30M | $43.14M | $41.60M |
| Low Forecast | $61.59M | $60.09M | $60.37M | $58.80M | $61.68M | $59.39M | $61.37M | $57.68M | $58.21M | $59.86M | $62.70M | $54.92M | $61.36M | $58.46M | $63.22M | $49.93M | $63.28M | $57.78M | $54.59M | $45.39M | $48.43M | $50.42M | $46.02M | $35.68M | $42.86M | $41.34M | $40.46M | $32.87M | $43.14M | $41.60M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 0.93% | 0.96% | 0.65% | 0.91% | 1.01% | 0.95% | 1.08% | 1.04% | 1.11% | 1.06% | 1.10% | 1.07% | 1.03% | 1.25% | 1.02% | 1.06% |
Alamo Group's average Quarter SG&A projection for Dec 23 is $62.71M, based on 4 Wall Street analysts, with a range of $61.36M to $64.63M. The forecast indicates a 3.54% rise compared to ALG last annual SG&A of $60.56M (Sep 23).
Alamo Group EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 4 | 4 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 6 | 4 | 4 | 7 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.93 | $3.05 | $2.80 | $2.45 | $2.18 | $2.39 | $1.56 | $1.62 | $1.48 | $2.20 | $1.48 | $0.69 | $1.70 | $1.10 | $1.32 | $0.81 | $1.48 |
| Avg Forecast | $3.27 | $3.39 | $3.28 | $2.85 | $3.15 | $2.78 | $2.83 | $2.45 | $2.35 | $2.48 | $2.74 | $2.53 | $2.70 | $2.68 | $3.08 | $2.12 | $1.94 | $2.42 | $1.96 | $1.71 | $1.61 | $1.97 | $1.66 | $1.39 | $1.35 | $1.32 | $0.81 | $1.21 | $1.49 | $1.87 |
| High Forecast | $3.40 | $3.53 | $3.41 | $2.96 | $3.28 | $2.89 | $2.95 | $2.52 | $2.44 | $2.58 | $2.85 | $2.63 | $2.81 | $2.89 | $3.21 | $2.20 | $1.95 | $2.42 | $1.96 | $1.71 | $1.61 | $1.97 | $1.66 | $1.39 | $1.35 | $1.32 | $0.81 | $1.21 | $1.49 | $1.87 |
| Low Forecast | $3.18 | $3.30 | $3.19 | $2.77 | $3.06 | $2.70 | $2.75 | $2.37 | $2.28 | $2.38 | $2.67 | $2.46 | $2.63 | $2.57 | $3.00 | $2.06 | $1.94 | $2.42 | $1.96 | $1.71 | $1.61 | $1.97 | $1.66 | $1.39 | $1.35 | $1.32 | $0.81 | $1.21 | $1.49 | $1.87 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.09% | 0.99% | 1.32% | 1.26% | 0.90% | 1.22% | 0.91% | 1.00% | 0.75% | 1.33% | 1.06% | 0.51% | 1.29% | 1.36% | 1.09% | 0.54% | 0.79% |
According to 4 Wall Street analysts, Alamo Group's projected average Quarter EPS for Dec 23 is $2.70, with a low estimate of $2.63 and a high estimate of $2.81. This represents a -7.71% decrease compared to ALG previous annual EPS of $2.93 (Sep 23).
Alamo Group Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SHYF | Shyft Group | $12.54 | $35.00 | 179.11% | Strong Buy |
| HY | Hyster-Yale Materials Handling | $52.58 | $90.00 | 71.17% | Buy |
| MTW | Manitowoc Company | $9.35 | $12.75 | 36.36% | Buy |
| CMCO | Columbus McKinnon | $38.43 | $49.00 | 27.50% | |
| REVG | REV Group | $32.60 | $38.00 | 16.56% | Buy |
| AGCO | AGCO | $96.86 | $107.67 | 11.16% | Hold |
| LNN | Lindsay | $127.18 | $138.50 | 8.90% | Buy |
| ALG | Alamo Group | $196.51 | $209.00 | 6.36% | Buy |
| CAT | Caterpillar | $375.80 | $392.50 | 4.44% | Buy |
| WNC | Wabash National | $18.27 | $18.00 | -1.48% | Hold |
| DE | Deere & Company | $443.59 | $410.00 | -7.57% | Buy |