Alamo Group First Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]
Alamo Group, Inc. (ALG)
Last alamo group, inc. earnings: 2/27 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
alamo-group.com/investor-relations
Company Research
Source: Yahoo! Finance
Net income: US$32.1m (down 3.7% from 1Q 2023). Profit margin: 7.5% (down from 8.1% in 1Q 2023). The decrease in margin was driven by higher expenses. EPS: US$2.69 (down from US$2.80 in 1Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Alamo Group Revenues and Earnings Beat Expectations Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) also surpassed analyst estimates by 6.8%. Looking ahead, revenue is forecast to grow 4.6% p.a. on average during the next 2 years, compared to a 3.6% growth forecast for the Machinery industry in the US. Performance of the American Machinery industry. The company's shares are down 2.3% from a week ago. Valuation It's possible that Alamo Group could be undervalued with our 6-factor valuation analysis indicating a potential opportunity. To access our thorough examination of analyst consensus click here and discover the expected future direction of the company. Have feedback o
Show less
Read more
Impact Snapshot
Event Time:
ALG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ALG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ALG alerts
High impacting Alamo Group, Inc. news events
Weekly update
A roundup of the hottest topics
ALG
News
- Alamo Group Inc. (NYSE: ALG) had its price target lowered by analysts at DA Davidson from $235.00 to $225.00. They now have a "buy" rating on the stock.MarketBeat
- Alamo Group Inc. (NYSE: ALG) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Alamo Group Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions [Yahoo! Finance]Yahoo! Finance
- ALAMO GROUP ANNOUNCES FINANCIAL RESULTS FOR THE FIRST QUARTER OF 2024 [Yahoo! Finance]Yahoo! Finance
- ALAMO GROUP ANNOUNCES FINANCIAL RESULTS FOR THE FIRST QUARTER OF 2024PR Newswire
ALG
Earnings
- 5/2/24 - Beat
ALG
Sec Filings
- 5/7/24 - Form 4
- 5/7/24 - Form 4
- 5/7/24 - Form 4
- ALG's page on the SEC website