Is Alamo Stock a Good Investment?

Alamo Investment Advice

ALG

To provide specific investment advice or recommendations on Alamo Group stock, we recommend investors consider the following general factors when evaluating Alamo Group. This will help you to make an informed decision on whether to include Alamo in one of your diversified portfolios:

Examine Alamo's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
Research Alamo's leadership team and their track record. Good management can help Alamo navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the Construction Machinery & Heavy Transportation Equipment space and any emerging trends that could impact Alamo's business and its evolving consumer preferences.
Compare Alamo's performance and market position to its competitors. Analyze how Alamo is positioned in terms of product offerings, innovation, and market share.
Check if Alamo pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about Alamo's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.

It's important to note that investing in Alamo Group stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that 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. Below is a detailed guide on how to decide if Alamo Group is a good investment.

Sell

Buy

Cautious Hold

Macroaxis provides advice on Alamo Group to complement and cross-verify current analyst consensus on Alamo Group. Our investment recommendation engine determines the company's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure Alamo is not overpriced, please confirm all Alamo Group fundamentals, including its price to earning, net income, and the relationship between the shares owned by insiders and revenue . Given that Alamo Group has a price to earning of 31.28 X, we suggest you to validate Alamo Group market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Market Performance	Very Weak	Details
Volatility	Very steady	Details
Hype Condition	Low key	Details
Current Valuation	Overvalued	Details
Odds Of Distress	Very Low	Details
Economic Sensitivity	Actively responds to the market	Details
Investor Sentiment	Alarmed	Details
Analyst Consensus	Strong Buy	Details
Financial Strenth (F Score)	Strong	Details
Financial Leverage	Inapplicable	Details
Reporting Quality (M-Score)	Possible Manipulator	Details

Examine Alamo Stock

Researching Alamo's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 97.0% of the company shares are held by institutions such as insurance companies. The book value of Alamo was presently reported as 78.51. The company recorded earning per share (EPS) of 11.36. Alamo Group last dividend was issued on the 15th of April 2024.

To determine if Alamo is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Alamo's research are outlined below:

	Alamo Group generated a negative expected return over the last 90 days
	Alamo Group has a strong financial position based on the latest SEC filings
	Over 97.0% of the company shares are held by institutions such as insurance companies
	On 29th of April 2024 Alamo paid $ 0.26 per share dividend to its current shareholders
	Latest headline from finance.yahoo.com: ALAMO GROUP INC. ANNOUNCES FIRST QUARTER 2024 EARNINGS CONFERENCE CALL

Alamo Quarterly Accounts Payable

99.68 Million

Alamo uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Alamo Group. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Alamo's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.

	22nd of February 2024 Upcoming Quarterly Report	View
	2nd of May 2024 Next Financial Report	View
	31st of December 2023 Next Fiscal Quarter End	View
	22nd of February 2024 Next Fiscal Year End	View
	30th of September 2023 Last Quarter Report	View
	31st of December 2022 Last Financial Announcement	View

Earnings surprises can significantly impact Alamo's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Alamo's investors have experienced.

Reported	Fiscal Date	Estimated EPS	Reported EPS	Surprise
2002-02-20	2001-12-31	0.08	0.07	-0.01	12
1999-02-23	1998-12-31	-0.01	-0.03	-0.02	200
1995-02-06	1994-12-31	0.2	0.22	0.02	10
1994-02-04	1993-12-31	0.18	0.16	-0.02	11
2009-03-04	2008-12-31	0.17	0.2	0.03	17
2003-08-05	2003-06-30	0.3	0.33	0.03	10
2001-11-06	2001-09-30	0.35	0.39	0.04	11
2010-03-08	2009-12-31	0.3	0.35	0.05	16

Know Alamo's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Alamo is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Alamo Group backward and forwards among themselves. Alamo's institutional investor refers to the entity that pools money to purchase Alamo's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.

		Shares
Gw&k Investment Management, Llc	2023-12-31	266.6 K
Geode Capital Management, Llc	2023-12-31	216 K
Neumeier Investment Counsel Llc	2023-12-31	198.9 K
Northern Trust Corp	2023-12-31	195.9 K
Fayez Sarofim & Company	2023-12-31	151.5 K
Royal Bank Of Canada	2023-12-31	137.6 K
Hhg Plc	2023-12-31	121 K
Charles Schwab Investment Management Inc	2023-12-31	120 K
Kennedy Capital Management Inc	2023-12-31	119.9 K
Blackrock Inc	2023-12-31	1.7 M
Longview Management Group Llc	2023-12-31	1.4 M

Note, although Alamo's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Alamo's market capitalization trends

The company currently falls under 'Mid-Cap' category with a total capitalization of 2.39 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.

Market Cap

1.54 Billion

Alamo's profitablity analysis

Alamo's profitability indicators refer to fundamental financial ratios that showcase Alamo's ability to generate income relative to its revenue or operating costs. If, let's say, Alamo is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Alamo's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Alamo's profitability requires more research than a typical breakdown of Alamo's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.

	Last Reported	Projected for Next Year
Return On Tangible Assets	0.13	0.14
Return On Capital Employed	0.17	0.14
Return On Assets	0.1	0.07
Return On Equity	0.15	0.12

The company has Net Profit Margin of 0.08 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.11 %, which entails that for every 100 dollars of revenue, it generated $0.11 of operating income.

Determining Alamo's profitability involves analyzing its financial statements and using various financial metrics to determine if Alamo is a good buy. For example, gross profit margin measures Alamo's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Alamo's profitability and make more informed investment decisions.

The data published in Alamo's official financial statements usually reflect Alamo's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Alamo Group. For example, before you start analyzing numbers published by Alamo accountants, it's critical to develop an understanding of what Alamo's liquidity, profitability, and earnings quality are in the context of the Machinery space in which it operates.

Please note, the presentation of Alamo's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Alamo's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Alamo's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Alamo Group. Please utilize our Beneish M Score to check the likelihood of Alamo's management manipulating its earnings.

Evaluate Alamo's management efficiency

Alamo Group has Return on Asset of 0.0911 % which means that on every $100 spent on assets, it made $0.0911 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1585 %, implying that it generated $0.1585 on every 100 dollars invested. Alamo's management efficiency ratios could be used to measure how well Alamo manages its routine affairs as well as how well it operates its assets and liabilities. The Alamo's current Return On Tangible Assets is estimated to increase to 0.14, while Return On Capital Employed is projected to decrease to 0.14. At this time, Alamo's Total Current Assets are most likely to increase significantly in the upcoming years. The Alamo's current Intangible Assets is estimated to increase to about 176.7 M, while Other Current Assets are projected to decrease to roughly 7.5 M.

	Last Reported	Projected for Next Year
Book Value Per Share	78.25	82.16
Net Current Asset Value	0.00	0.00
Tangible Asset Value	0.00	0.00
Tangible Book Value Per Share	46.81	49.15
Enterprise Value Over EBITDA	11.00	7.72
Price Book Value Ratio	2.69	1.38
Enterprise Value Multiple	11.00	7.72
Price Fair Value	2.69	1.38
Enterprise Value	1.7 B	1.8 B

The analysis of Alamo's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Alamo's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Alamo Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.

Dividend Yield

0.0052

Forward Dividend Yield

0.0052

Forward Dividend Rate

1.04

Beta

1.037

Basic technical analysis of Alamo Stock

As of the 30th of April, Alamo shows the risk adjusted performance of (0.01), and Mean Deviation of 1.45. Alamo Group technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate thirteen technical drivers for Alamo Group, which can be compared to its peers. Please confirm Alamo Group information ratio, and the relationship between the coefficient of variation and value at risk to decide if Alamo Group is priced correctly, providing market reflects its regular price of 199.5 per share. Given that Alamo has information ratio of (0.08), we suggest you to validate Alamo Group's prevailing market performance to make sure the company can sustain itself at a future point.

Alamo's insider trading activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Alamo insiders, such as employees or executives, is commonly permitted as long as it does not rely on Alamo's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Alamo insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

		Michael Haberman over a month ago Disposition of 3050 shares by Michael Haberman of Alamo at 225.11 subject to Rule 16b-3
		Michael Haberman over a month ago Disposition of 1000 shares by Michael Haberman of Alamo at 54.87 subject to Rule 16b-3
		Jeffery Leonard over a month ago Disposition of 1083 shares by Jeffery Leonard of Alamo at 206.26 subject to Rule 16b-3
		Dan Malone over a month ago Disposition of 608 shares by Dan Malone of Alamo at 203.55 subject to Rule 16b-3
		Richard Wehrle over three months ago Sale by Richard Wehrle of 1116 shares of Alamo
		Lorie Tekorius over six months ago Acquisition by Lorie Tekorius of 705 shares of Alamo subject to Rule 16b-3
		Richard Wehrle over a year ago Payment of 103 shares by Richard Wehrle of Alamo subject to Rule 16b-3
		Lori Sullivan over a year ago Acquisition by Lori Sullivan of 282 shares of Alamo subject to Rule 16b-3

Understand Alamo's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing Alamo's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

	Risk Adjusted Performance	(0.01)
	Market Risk Adjusted Performance	(0.03)
	Mean Deviation	1.45
	Coefficient Of Variation	(3,211)
	Standard Deviation	1.92
	Variance	3.67
	Information Ratio	(0.08)
	Jensen Alpha	(0.21)
	Total Risk Alpha	(0.31)
	Treynor Ratio	(0.04)
	Maximum Drawdown	9.47
	Value At Risk	(3.45)
	Potential Upside	2.26
	Skewness	(1.14)
	Kurtosis	1.8

	Risk Adjusted Performance	(0.01)
	Market Risk Adjusted Performance	(0.03)
	Mean Deviation	1.45
	Coefficient Of Variation	(3,211)
	Standard Deviation	1.92
	Variance	3.67
	Information Ratio	(0.08)
	Jensen Alpha	(0.21)
	Total Risk Alpha	(0.31)
	Treynor Ratio	(0.04)
	Maximum Drawdown	9.47
	Value At Risk	(3.45)
	Potential Upside	2.26
	Skewness	(1.14)
	Kurtosis	1.8

Consider Alamo's intraday indicators

Alamo intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Alamo stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

	Accumulation Distribution	1508.24
	Daily Balance Of Power	0.2487
	Rate Of Daily Change	1.0
	Day Median Price	200.54
	Day Typical Price	200.19
	Market Facilitation Index	1.0E-4
	Price Action Indicator	(0.55)
	Period Momentum Indicator	0.98
	Relative Strength Index	42.17

Alamo Corporate Filings

8K	16th of April 2024 Report filed with the SEC to announce major events that shareholders should know about	View Verify
F4	29th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities	View Verify
	13th of March 2024 Other Reports	View Verify
F3	8th of March 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock	View Verify

Alamo time-series forecasting models is one of many Alamo's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Alamo's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Alamo Stock media impact

Far too much social signal, news, headlines, and media speculation about Alamo that are available to investors today. That information is available publicly through Alamo media outlets and privately through word of mouth or via Alamo internal channels. However, regardless of the origin, that massive amount of Alamo data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.

A primary focus of Alamo news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Alamo relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Alamo's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Alamo alpha.

Alamo Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards Alamo can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.

Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Alamo Group Historical Investor Sentiment

Investor biases related to Alamo's public news can be used to forecast risks associated with an investment in Alamo. The trend in average sentiment can be used to explain how an investor holding Alamo can time the market purely based on public headlines and social activities around Alamo Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Alamo's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Alamo and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Alamo news discussions. The higher the estimate score, the more favorable the investor's outlook on Alamo.

Alamo Maximum Pain Price across 2024-05-17 Option Contracts

Alamo's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Alamo close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Alamo's options.

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.

Did you try this?

Run Headlines Timeline Now

Headlines Timeline

Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity

All Next

Launch Module

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 Cornell	Independent Director	Profile
David Grzelak	Independent Director	Profile
Robert Bauer	Independent Director	Profile
Richard Parod	Independent Director	Profile

How to buy Alamo Stock?

Examine Alamo's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
Research Alamo's leadership team and their track record. Good management can help Alamo navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the Construction Machinery & Heavy Transportation Equipment space and any emerging trends that could impact Alamo's business and its evolving consumer preferences.
Compare Alamo's performance and market position to its competitors. Analyze how Alamo is positioned in terms of product offerings, innovation, and market share.
Check if Alamo pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about Alamo's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.

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: