Back to top
more

Alamo Group (ALG)

(Delayed Data from NYSE)

$172.99 USD

172.99
154,377

-2.10 (-1.20%)

Updated Aug 5, 2024 04:00 PM ET

After-Market: $173.10 +0.11 (0.06%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

B Value B Growth C Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 4% (242 out of 251)

Industry: Manufacturing - Farm Equipment

Better trading starts here.

Zacks News

Here's Why It is Worth Investing in RBC Bearings (RBC) Stock

RBC Bearings (RBC) benefits from the increasing demand in aftermarket, aerospace and marine end markets within the Aerospace/Defense segment. Its shareholder-friendly measures are also encouraging.

Is Applied Industrial Technologies (AIT) Stock Outpacing Its Industrial Products Peers This Year?

Here is how Applied Industrial Technologies (AIT) and Alamo Group (ALG) have performed compared to their sector so far this year.

Nordson (NDSN) Beats on Q3 Earnings, Narrows 2023 Guidance

Nordson's (NDSN) third-quarter fiscal 2023 results reflect a year-over-year decline in the top line due to ongoing pressure in electronics and biopharma end markets. The company narrows its 2023 outlook.

Here's Why You Should Hold on to Cintas (CTAS) Stock Now

Cintas (CTAS) is set to benefit from robust health and wellness businesses, increased productivity level and new product launches. The company's measures to reward its shareholders are encouraging.

Honeywell (HON), Recipharm Unite to Develop Near-Zero GWP pMDIs

The deal between Honeywell (HON) and Recipharm allows them to offer low greenhouse gas pMDIs to patients suffering from COPD and asthma.

Ritujay Ghosh headshot

5 Stocks to Buy as Industrial Production Makes Solid Rebound

Industrial production rebounded in July, which is likely to help stocks like Applied Industrial Technologies, Inc. (AIT), Hubbell Incorporated (HUBB), Broadwind, Inc. (BWEN), Graham Corporation (GHM) and Alamo Group Inc. (ALG).

Kennametal (KMT) Banks on End-Market Strength Amid Cost Woes

Kennametal (KMT) is expected to benefit from strength in its aerospace and defense, general engineering, and energy end markets. However, cost inflation is concerning.

Parker-Hannifin (PH) Up 35.1% in a Year: Will the Trend Last?

Increased productivity and supply-chain improvement in the North America region, strong aftermarket mixes, and cost-control measures are aiding Parker-Hannifin (PH).

Berry Global (BERY) Picks Kwilinski to Replace Salmon as CEO

Kevin Kwilinski, who has almost three decades of experience in the packaging industry, is set to take charge as Berry Global's (BERY) new CEO, effective Oct 2.

Here's Why Hold Strategy is Apt for Allegion (ALLE) Stock

Growth in the Allegion Americas segment augurs well for Allegion (ALLE). The company's measures to reward its shareholders are also encouraging.

Applied Industrial (AIT) Q4 Earnings & Sales Beat, Rise Y/Y

Applied Industrial's (AIT) 4Q23 performance benefits from sales process initiatives, solid growth across national strategic accounts and robust backlog level.

Tetra Tech (TTEK) Q3 Earnings & Revenues Beat, '23 View Up

Tetra Tech's (TTEK) fiscal third-quarter earnings results reflect gains from solid segmental performances. The company hikes its fiscal 2023 sales and earnings guidance.

Zacks Industry Outlook Highlights Deere, AGCO and Alamo Group

Deere, AGCO and Alamo Group have been highlighted in this Industry Outlook article.

Madhurima Das headshot

3 Farm Equipment Stocks to Watch Amid Industry Weakness

The prospects for Manufacturing - Farm Equipment industry looks dull at this moment due to weak commodity prices. Stocks like Deere (DE), AGCO and Alamo (ALG) are well-poised to gain from their growth initiatives.

Alamo Group (ALG) Q2 Earnings and Revenues Lag Estimates

Alamo Group (ALG) delivered earnings and revenue surprises of -2.88% and 3.14%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Why Alamo Group (ALG) Could Beat Earnings Estimates Again

Alamo Group (ALG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

General Electric (GE) Unit to Elevate Coryton Facility in UK

General Electric's (GE) arm, GE Vernova's HE upgrade will increase InterGen's 800 MW Coryton power plant's power output capacity by roughly 77 MW.

Here's Why You Should Hold on to Kennametal (KMT) Stock Now

Kennametal (KMT) stands to gain from strength in its Metal Cutting and Infrastructure segments. The company's measures to reward its shareholders are also encouraging.

Here's Why You Should Hold on to Illinois Tool (ITW) Stock

Strength across the capital equipment and industrial businesses augurs well for Illinois Tool (ITW). The company's consistent measures to reward its shareholders through dividends hold promise.

Emerson (EMR), CRT Collaborate to Boost Hydrogen Deployment

Emerson's (EMR) automation technology will enhance safety and reliability by digitalizing CRT's operations while speeding up the deployment of hydrogen-based products and solutions.

Allegion (ALLE) Rises 12.8% YTD: Will the Momentum Continue?

Allegion (ALLE) gains from strength in its non-residential, residential and electronics end markets. The company's shareholder-friendly policies are promising.

General Electric (GE) Unit Extends Gas Turbine Deal with BHEL

As part of the new deal between General Electric's (GE) arm, GE Vernova, and BHEL, the companies will offer overhaul and maintenance services through BGGTS to gas power facilities in India.

Worthington (WOR) Q4 Earnings Surpass Estimates, Revenues Lag

The decline in Worthington's (WOR) Q4 sales is primarily due to lower average selling prices in the Steel Processing division.

Here's Why You Should Invest in EnerSys (ENS) Stock Now

EnerSys (ENS) is set to benefit from strength in broadband, data center and telecom businesses. The company's consistent measures to reward its shareholders through dividends hold promise.

General Electric (GE) Arm Wins Rotorpoles Deal in Norway

As part of the deal, General Electric's (GE) arm, GE Vernova's Hydro Power business is set to deliver three rotorpoles on the water-cooled generators for Hafslund Eco's Aurland 1 hydropower plant.