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Stock impact report

Alamo Group: Shares Are Cheap, But Not Cheap Enough For An Upgrade [Seeking Alpha]

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: Seeking Alpha
ALG's Industrial Equipment segment posted 4.2% Q4 revenue growth and expanding margins, driven by strong demand in excavators, sweepers, and safety assets. Vegetation Management faces headwinds from weak housing, low crop prices, high rates, and trade issues, resulting in segment profits turning negative in Q4. Valuation is reasonable with a low EV/EBITDA multiple and net cash, but macroeconomic risks and sector-specific challenges preclude an upgrade to "Buy" for now. Looking for a helping hand in the market? Members of Crude Value Insights get exclusive ideas and guidance to navigate any climate. Learn More » Susumu Yoshioka/DigitalVision via Getty Images On Dec. 20 of last year, I decided to revisit Alamo Group ( ALG ) after the company's stock price had plummeted 18%. Overall financial performance for the business had been mixed, though at least revenue was starting to pick up. Normally, this is the More on my IG service Crude Value Insights offers you an investing Show less Read more
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