
Alamo Group (ALG) Stock Forecast & Price Target
Alamo Group (ALG) Analyst Ratings
Bulls say
Alamo Group is well-positioned for growth in the medium-to-long term, with a strong focus on the vegetation management and industrial equipment markets. The company's recent inflection in its vegetation segment, combined with a full M&A pipeline and favorable margins, bode well for future growth. While mixed end markets and reduced visibility may present challenges in the short term, the company's new CEO has set ambitious goals for revenue growth and EBITDA margins over the next few years, which could result in a re-rating upward for the stock.
Bears say
Alamo Group is maintaining its NEUTRAL rating with a new price target of $188, as the company's recent earnings suggest consistent results in the near future, but may need a clear margin breakout to improve. Its price target is $188, moderately below the peer group, due to mixed end markets and reduced visibility. As a threat to the company, operational, agricultural, and competitive challenges, government budget risks, agricultural conditions, and limited share trading may affect sales and earnings.
This aggregate rating is based on analysts' research of Alamo Group and is not a guaranteed prediction by Public.com or investment advice.
Alamo Group (ALG) Analyst Forecast & Price Prediction
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