ALG Stock Summary and Trading Ideas (Alamo Group | NYSE:ALG)

Alamo Group Inc is engaged in the design, manufacture, and servicing of high-quality vegetation management and infrastructure maintenance equipment for governmental, industrial and agricultural use. Its products include tractor-mounted and self-propelled mowers, zero-turn mowers, agricultural implements, tree and branch chippers, forestry/wood recycling equipment, street and parking lot sweepers, leaf and debris collection equipment, truck mounted highway attenuator trucks, vacuum trucks, hydro-excavation equipment, telescopic boom excavators, and snow removal equipment. The company's reportable segments are Vegetation Management and Industrial Equipment. It generates a majority of revenue from Vegetation Management. Geographically, it generates the majority of revenue from United States.

Alamo Group trades on the NYSE stock market under the symbol ALG.

As of March 10, 2025, ALG stock price climbed to $186.54 with 131,076 million shares trading.

ALG has a beta of 0.78, meaning it tends to be less sensitive to market movements. ALG has a correlation of 0.13 to the broad based SPY ETF.

ALG has a market cap of $2.25 billion. This is considered a Mid Cap stock.

Last quarter Alamo Group reported $385 million in Revenue and $2.39 earnings per share. This fell short of revenue expectation by $-12 million and exceeded earnings estimates by $.11.

In the last 3 years, ALG traded as high as $231.40 and as low as $108.35.

The top ETF exchange traded funds that ALG belongs to (by Net Assets): IJR, VTI, IWM, VXF, SPSM.

ALG has underperformed the market in the last year with a return of -7.7%, while SPY returned +10.9%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ALG shares. However, ALG has outperformed the market in the last 3 month and 2 week periods, returning -4.5% and +0.4%, while SPY returned -6.7% and -6.1%, respectively. This indicates ALG has been having a stronger performance recently.

ALG support price is $180.14 and resistance is $187.18 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ALG shares will trade within this expected range on the day.