Is Alamo Stock a Good Investment?
Alamo Investment Advice | ALG |
- 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 |
Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | 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 | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely 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 95.0% of the company shares are held by institutions such as insurance companies. The book value of Alamo was presently reported as 85.3. The company recorded earning per share (EPS) of 9.93. Alamo Group last dividend was issued on the 15th of October 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 has a strong financial position based on the latest SEC filings | |
| Over 95.0% of the company shares are held by institutions such as insurance companies | |
| On 28th of October 2024 Alamo paid $ 0.26 per share dividend to its current shareholders | |
| Latest headline from investing.com: Earnings call Alamo Group faces mixed Q3 results, plans cost cuts |
Alamo Quarterly Accounts Payable |
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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 | Hhg Plc | 2024-06-30 | 174.5 K | Northern Trust Corp | 2024-09-30 | 155.4 K | Macquarie Group Ltd | 2024-06-30 | 154.1 K | Fayez Sarofim & Company | 2024-09-30 | 146.5 K | Charles Schwab Investment Management Inc | 2024-09-30 | 134.4 K | Royal Bank Of Canada | 2024-06-30 | 125.3 K | Bank Of America Corp | 2024-06-30 | 110.6 K | Kennedy Capital Management Inc | 2024-09-30 | 106.8 K | Franklin Resources Inc | 2024-09-30 | 96.2 K | Blackrock Inc | 2024-06-30 | 1.7 M | Longview Management Group Llc | 2024-09-30 | 1.4 M |
Alamo's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 2.38 B.Market Cap |
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Alamo's profitablity analysis
| 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 | 0.10 | 0.07 | |
| Return On Equity | 0.15 | 0.12 |
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.
Alamo's Earnings Breakdown by Geography
Evaluate Alamo's management efficiency
Alamo Group has Return on Asset of 0.0746 % which means that on every $100 spent on assets, it made $0.0746 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1253 %, implying that it generated $0.1253 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 7.9 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 78.25 | 82.16 | |
| Tangible Book Value Per Share | 46.81 | 49.15 | |
| Enterprise Value Over EBITDA | 10.86 | 7.26 | |
| Price Book Value Ratio | 2.69 | 1.38 | |
| Enterprise Value Multiple | 10.86 | 7.26 | |
| Price Fair Value | 2.69 | 1.38 | |
| Enterprise Value | 1.7 B | 1.8 B |
The decision-making processes within Alamo are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Dividend Yield 0.0051 | Forward Dividend Yield 0.0051 | Forward Dividend Rate 1.04 | Beta 1.076 |
Basic technical analysis of Alamo Stock
As of the 28th of November, Alamo shows the risk adjusted performance of 0.0509, and Mean Deviation of 1.46. 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. Please confirm Alamo Group jensen alpha, semi variance, and the relationship between the standard deviation and value at risk to decide if Alamo Group is priced correctly, providing market reflects its regular price of 197.89 per share. Given that Alamo has jensen alpha of (0.09), 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.
Alamo's Outstanding Corporate Bonds
Alamo issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Alamo Group uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Alamo bonds can be classified according to their maturity, which is the date when Alamo Group has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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 | 0.0509 | |||
| Market Risk Adjusted Performance | 0.0778 | |||
| Mean Deviation | 1.46 | |||
| Semi Deviation | 1.51 | |||
| Downside Deviation | 1.65 | |||
| Coefficient Of Variation | 1717.56 | |||
| Standard Deviation | 2.09 | |||
| Variance | 4.37 | |||
| Information Ratio | (0) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0678 | |||
| Maximum Drawdown | 12.83 | |||
| Value At Risk | (2.40) | |||
| Potential Upside | 2.41 | |||
| Downside Variance | 2.71 | |||
| Semi Variance | 2.27 | |||
| Expected Short fall | (1.57) | |||
| Skewness | 2.02 | |||
| Kurtosis | 8.79 |
| Risk Adjusted Performance | 0.0509 | |||
| Market Risk Adjusted Performance | 0.0778 | |||
| Mean Deviation | 1.46 | |||
| Semi Deviation | 1.51 | |||
| Downside Deviation | 1.65 | |||
| Coefficient Of Variation | 1717.56 | |||
| Standard Deviation | 2.09 | |||
| Variance | 4.37 | |||
| Information Ratio | (0) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0678 | |||
| Maximum Drawdown | 12.83 | |||
| Value At Risk | (2.40) | |||
| Potential Upside | 2.41 | |||
| Downside Variance | 2.71 | |||
| Semi Variance | 2.27 | |||
| Expected Short fall | (1.57) | |||
| Skewness | 2.02 | |||
| Kurtosis | 8.79 |
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.
Alamo Corporate Filings
F4 | 26th of November 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 | ViewVerify |
8K | 6th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 7th of October 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
F3 | 5th of August 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 | ViewVerify |
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 Corporate Directors
| Richard Parod | Independent Director | Profile | |
| Eric Etchart | Independent Director | Profile | |
| Robert Bauer | Independent Director | Profile | |
| Tracy Jokinen | Independent Director | Profile |
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: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alamo Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Construction Machinery & Heavy Transportation Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alamo. If investors know Alamo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alamo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.22) | Dividend Share 1 | Earnings Share 9.93 | Revenue Per Share 138.895 | Quarterly Revenue Growth (0.04) |
The market value of Alamo Group is measured differently than its book value, which is the value of Alamo that is recorded on the company's balance sheet. Investors also form their own opinion of Alamo's value that differs from its market value or its book value, called intrinsic value, which is Alamo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alamo's market value can be influenced by many factors that don't directly affect Alamo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Alamo's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Alamo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alamo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.