# Alamo Group Inc. (ALG)

> Source: Nexqual · https://nexqual.com/ALG · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Alamo Group Inc. (ALG), nexqual.com/ALG" · informational, not investment advice.

**Price:** USD 147.23 (-0.86% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 148.5 · day 145.79–148.93 · 52w 145.76–219.88 · market cap $1.79B · NYQ

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $1.66B, net income $101M (6.1% margin), free cash flow $135M (SEC filings).
- Valuation: P/E 17.7x (avg 19.1x at the last 3 fiscal year-ends), EV/EBITDA 10.6x, net debt $67.7M.
- 1 of 80 tracked superinvestors hold ALG (13F, Q2 2026): 0 new, 1 added, 0 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 2 Form 4 filings, $890K; 2 not under a Rule 10b5-1 plan ($890K); 2 by opportunistic insiders (2 outside 10b5-1 plans), 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.00 on a 1–5 scale) (4 analysts), mean target USD 203.5 (range 188–216).
- Total return with dividends: 1Y -20.9% vs S&P 500 +14.9%; 5Y +1.7% vs S&P 500 +80.3%.
- Next earnings: 2026-11-05, EPS estimate USD 2.62, revenue estimate $437M.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $1.33B | $1.51B | $1.69B | $1.63B | $1.60B | $1.66B |
| Gross profit | $335M | $377M | $454M | $412M | $398M | — |
| Operating income | $117M | $149M | $198M | $165M | $152M | $148M |
| Net income | $80.2M | $102M | $136M | $116M | $104M | $101M |
| EPS (diluted) | $6.75 | $8.54 | $11.36 | $9.63 | $8.59 | — |
| Free cash flow | $24.4M | -$16.6M | $93.4M | $185M | $147M | $135M |
| Gross margin | 25.1% | 24.9% | 26.8% | 25.3% | 24.8% | — |
| Operating margin | 8.8% | 9.8% | 11.7% | 10.1% | 9.5% | 8.9% |
| Net margin | 6.0% | 6.7% | 8.1% | 7.1% | 6.5% | 6.1% |
| Revenue growth | +14.7% | +13.4% | +11.6% | -3.6% | -1.5% | — |
| Cash + short-term investments | $42.1M | $47.0M | $51.9M | $197M | $310M | — |
| Total debt | $270M | $302M | $235M | $220M | $206M | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 17.7x · P/S 1.1x · EV/EBITDA 10.6x · EV/Sales 1.1x · P/FCF 13.2x · P/B 1.5x · FCF yield 7.55% · Earnings yield 5.64% · Dividend yield (paid, TTM) 0.86% · Buyback yield (TTM) 0.68% · Net debt $67.7M · EV $1.86B
P/E at fiscal year-ends: Dec 2025 19.5x, Dec 2024 19.3x, Dec 2023 18.5x.

## Superinvestors (SEC 13F-HR, Q2 2026)
1 of 80 tracked investors hold ALG. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Third Avenue Management |  | 1.11% | $7.0M | Added +23.1% |

## Insider sales (SEC Form 4, open-market, last ~7 months)
0 of 2 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-04 | Rizzuti Edward | EVP, Corp Dev, IR & Secretary | 2,537 | $443K | 31.2% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-08-13 | Rizzuti Edward | EVP, Corp Dev, IR & Secretary | 2,715 | $446K | 25% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Analysts
Consensus Buy (mean 2.00 on a 1–5 scale), 4 analysts; mean target USD 203.5 (low 188, high 216).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-07-01 | DA Davidson | Maintained | Neutral | $188 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | -20.9% | +1.7% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -20.9% | +0.3% |
| Volatility (annualized) | 32.8% | 29.7% |
| Max drawdown | -32.5% (Mar 2026→May 2026) | -34.6% (Mar 2024→May 2026) |

## Peers (Farm & Heavy Construction Machinery)
BLBD (Blue Bird Corporation) USD 56.73 -0.68% · LNN (Lindsay Corporation) USD 111.99 +5.07% · ASTE (Astec Industries, Inc.) USD 38.9 -1.67% · AEBI (Aebi Schmidt Holding AG) USD 11.19 -0.36% · MTW (Manitowoc Company, Inc. (The)) USD 22.15 -2.64% · TEX (Terex Corporation) USD 52.11 -1.81%

## More
Full page: https://nexqual.com/ALG · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Revenue by business segment (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY | Operating income | Op. margin |
|---|---|---|---|---|---|
| Industrial Equipment | $271.6M | 60.3% | +12.8% | $36.9M | 13.6% |
| Vegetation Management | $179.1M | 39.7% | +0.4% | $8.9M | 5.0% |
| Total revenue | $450.7M | 100% | — | $45.8M | 10.2% |

## Revenue by product line (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Wholegoods | $358.5M | 79.5% | +5.7% |
| Parts | $70.6M | 15.7% | +11.9% |
| Other | $21.6M | 4.8% | +27.8% |
| Total revenue | $450.7M | 100% | — |

## Revenue by region (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| United States | $334.1M | 74.1% | +8.7% |
| Canada | $34.2M | 7.6% | +4.1% |
| United Kingdom | $25.4M | 5.6% | +19.7% |
| France | $20.8M | 4.6% | -6.3% |
| Other | $17.8M | 4.0% | +24.3% |
| Netherlands | $6.6M | 1.5% | +25.1% |
| Brazil | $6.5M | 1.5% | -37.7% |
| Australia | $2.9M | 0.6% | -12.7% |
| Germany | $2.5M | 0.5% | +19.0% |
| Total revenue | $450.7M | 100% | — |

## Company outlook (8-K filed 2026-08-03)

- "We look forward to discussing our results and outlook in greater detail during our upcoming Earnings Conference Call." Earnings Conference Call The Company will host a conference call to discuss the results on Tuesday, August 4, 2026, at 10:00 a.m."

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $2.62 | $2.74 | -4.4% | $437.1M | 5 |
| Next quarter (ends 2026-12-31) | $2.52 | $2.57 | -1.8% | $403.1M | 5 |
| Current fiscal year (ends 2026-12-31) | $10.53 | $10.58 | -0.5% | $1.71B | 5 |
| Next fiscal year (ends 2027-12-31) | $12.18 | $12.04 | +1.1% | $1.78B | 5 |

## Options: expected move (Cboe, 15-min delayed)

Expected move by 2026-11-20 (includes earnings 2026-11-05): ±8.4%; last 8 reports averaged ±7%.

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 28 | 37.3% | ±8.4% |
| 2026-12-18 | 56 | 32.3% | ±10.2% |
| 2027-03-19 | 147 | 31.0% | ±15.7% |
| 2027-06-17 | 237 | 30.7% | ±19.7% |