Alamo Group (ALG) Stock Forecast, Price Target & Predictions


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ALG Stock Forecast


Alamo Group stock forecast is as follows: an average price target of $215.00 (represents a 17.31% upside from ALG’s last price of $183.27) 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 $215.00 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $241.00 to $195.00. This represents a potential 17.31% upside from ALG's last price of $183.27.

ALG Analyst Ratings


Buy

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 05, 2024Michael ShilskyD.A. Davidson$209.00$169.4123.37%14.04%
May 07, 2024Michael ShliskyD.A. Davidson$225.00$193.2816.41%22.77%
Feb 27, 2023Dan DolevMizuho Securities$241.00$178.2535.20%31.50%
Oct 19, 2022Tim MooreEF Hutton$195.00$143.9535.46%6.40%
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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 14.04% increase from ALG last price ($183.27).

Alamo Group Price Target by Period


1M3M12M
# Anlaysts-12
Avg Price Target-$209.00$217.00
Last Closing Price$183.27$183.27$183.27
Upside/Downside-100.00%14.04%18.40%

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 $183.27. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 28, 2024EF HuttonBuyBuyHold
Mar 16, 2023Susquehanna-PositiveUpgrade
Mar 16, 2023Wells Fargo-OverweightUpgrade
Mar 16, 2023SVB Leerink-Market PerformDowngrade
Mar 16, 2023Cowen & Co.-Market PerformDowngrade
Mar 16, 2023Exane BNP Paribas-OutperformInitialise
Mar 16, 2023BNP Paribas-BuyInitialise
Mar 16, 2023Needham-BuyInitialise
Mar 16, 2023Goldman Sachs-NeutralInitialise
Mar 16, 2023Piper Sandler-NeutralInitialise
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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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 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$431.49M$413.80M$428.56M$415.81M$411.08M$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$438.11M$427.39M$429.36M$418.23M$449.02M$430.61M$445.98M$441.29M$419.21M$413.05M$445.97M$427.37M$436.46M$411.50M$449.70M$405.90M$382.56M$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$402.78M$392.92M$394.74M$384.50M$412.81M$395.89M$410.01M$390.13M$400.96M$400.38M$410.01M$392.90M$401.27M$391.00M$413.43M$373.17M$351.71M$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
# Analysts111111134224454433334444464474
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 $401.27M, and a high forecast of $436.46M. 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111134224454433334444464474
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$47.43M$46.27M$46.48M$45.28M$48.61M$46.62M$48.28M$46.84M$46.31M$45.82M$48.28M$49.22M$47.25M$45.23M$48.68M$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$49.35M$48.15M$48.37M$47.12M$50.58M$48.51M$50.24M$49.71M$47.23M$46.53M$50.24M$59.06M$49.17M$46.36M$50.66M$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$45.37M$44.26M$44.47M$43.32M$46.50M$44.60M$46.19M$43.95M$45.17M$45.11M$46.19M$39.37M$45.20M$44.05M$46.58M$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 %-------------1.10%1.12%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 $47.25M, with a high of $49.17M and a low of $45.20M. This is -5.03% lower than Alamo Group's previous annual EBITDA (Sep 23) of $49.75M.

Alamo Group Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111134224454433334444464474
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$38.29M$35.38M$37.11M$32.82M$30.60M$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$41.45M$42.97M$41.58M$36.13M$40.31M$37.25M$39.07M$35.62M$31.70M$31.44M$34.76M$28.37M$34.28M$34.76M$39.07M$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$37.16M$38.52M$37.27M$32.39M$36.13M$33.39M$35.02M$30.26M$27.67M$28.18M$31.16M$18.91M$30.73M$30.98M$35.02M$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 $30.73M to $34.28M. 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111134224454433334444464474
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$62.28M$60.75M$61.03M$59.45M$63.83M$61.21M$63.40M$61.51M$60.81M$60.16M$63.40M$68.65M$62.04M$59.40M$63.92M$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$64.81M$63.22M$63.51M$61.87M$66.42M$63.70M$65.97M$65.28M$62.01M$61.10M$65.97M$82.38M$64.56M$60.87M$66.52M$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$59.58M$58.12M$58.39M$56.88M$61.07M$58.56M$60.65M$57.71M$59.31M$59.23M$60.65M$54.92M$59.36M$57.84M$61.16M$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 %-------------1.02%0.94%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 $62.04M, based on 4 Wall Street analysts, with a range of $59.36M to $64.56M. The forecast indicates a 2.44% rise compared to ALG last annual SG&A of $60.56M (Sep 23).

Alamo Group EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111134224454433334444464474
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$3.18$2.94$3.08$2.73$2.54$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$3.44$3.57$3.45$3.00$3.35$3.09$3.24$2.96$2.63$2.61$2.89$2.66$2.85$2.89$3.24$2.23$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$3.09$3.20$3.10$2.69$3.00$2.77$2.91$2.51$2.30$2.34$2.59$2.38$2.55$2.57$2.91$2.00$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 $2.55 and a high estimate of $2.85. This represents a -7.71% decrease compared to ALG previous annual EPS of $2.93 (Sep 23).

Alamo Group Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
SHYFShyft Group$13.20$35.00165.15%Strong Buy
CMCOColumbus McKinnon$31.42$49.0055.95%-
CNHICNH Industrial NV$11.45$17.0048.47%Buy
MTWManitowoc Company$8.63$12.7547.74%Buy
HYHyster-Yale Materials Handling$62.68$90.0043.59%Buy
AGCOAGCO$97.87$137.7940.79%Hold
WNCWabash National$17.77$23.2530.84%Hold
ALGAlamo Group$183.27$215.0017.31%Buy
LNNLindsay$118.92$138.5016.46%Buy
DEDeere & Company$401.68$424.705.73%Buy
CATCaterpillar$376.52$286.23-23.98%Buy
REVGREV Group$27.03$19.60-27.49%Buy

ALG Forecast FAQ


Yes, according to 13 Wall Street analysts, Alamo Group (ALG) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 53.85% of ALG's total ratings.

Alamo Group (ALG) average price target is $215 with a range of $195 to $241, implying a 17.31% from its last price of $183.27. The data is based on 13 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for ALG stock, the company can go up by 17.31% (from the last price of $183.27 to the average price target of $215), up by 31.50% based on the highest stock price target, and up by 6.40% based on the lowest stock price target.

ALG's average twelve months analyst stock price target of $215 does not support the claim that Alamo Group can reach $300 in the near future.

Alamo Group's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.69B (high $1.77B, low $1.61B), average EBITDA is $190.35M (high $199.05M, low $181.24M), average net income is $143.6M (high $152.26M, low $134.81M), average SG&A $249.94M (high $261.37M, low $237.99M), and average EPS is $11.93 (high $12.65, low $11.2). ALG's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.65B (high $1.71B, low $1.57B), average EBITDA is $185.45M (high $192.99M, low $177.42M), average net income is $154M (high $162.14M, low $145.34M), average SG&A $243.52M (high $253.41M, low $232.97M), and average EPS is $12.79 (high $13.47, low $12.07).

Based on Alamo Group's last annual report (Dec 2022), the company's revenue was $1.51B, beating the average analysts forecast of $1.47B by 3.13%. Apple's EBITDA was $163.95M, missing the average prediction of $169.46M by -3.25%. The company's net income was $101.93M, beating the average estimation of $85.69M by 18.94%. Apple's SG&A was $212.65M, missing the average forecast of $248.22M by -14.33%. Lastly, the company's EPS was $8.61, beating the average prediction of $8.02 by 7.30%. In terms of the last quarterly report (Sep 2023), Alamo Group's revenue was $419.64M, beating the average analysts' forecast of $401.52M by 4.51%. The company's EBITDA was $49.75M, beating the average prediction of $45.23M by 9.99%. Alamo Group's net income was $34.92M, beating the average estimation of $32.32M by 8.04%. The company's SG&A was $60.56M, beating the average forecast of $59.4M by 1.97%. Lastly, the company's EPS was $2.93, beating the average prediction of $2.68 by 9.17%