Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $49.94 USD
Change Today -1.55 / -3.01%
Volume 163.9K
ALG On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 8:04 PM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

alamo group inc (ALG) Snapshot

Open
$50.74
Previous Close
$51.49
Day High
$51.82
Day Low
$49.65
52 Week High
04/28/15 - $64.45
52 Week Low
10/15/14 - $37.93
Market Cap
570.4M
Average Volume 10 Days
79.8K
EPS TTM
$3.59
Shares Outstanding
11.4M
EX-Date
07/14/15
P/E TM
13.9x
Dividend
$0.32
Dividend Yield
0.62%
Current Stock Chart for ALAMO GROUP INC (ALG)

alamo group inc (ALG) Related Bloomberg News

View More Bloomberg News

alamo group inc (ALG) Related Businessweek News

No Related Businessweek News Found

alamo group inc (ALG) Details

Alamo Group Inc. designs, manufactures, and sells agricultural equipment and infrastructure maintenance equipment for governmental and industrial use primarily in the United States, the United Kingdom, France, Canada, and Australia. The company operates through three segments: North American Industrial, North American Agricultural, and European. It provides hydraulically-powered; tractor-mounted mowers, including boom-mounted mowers; cutters and replacement parts for heavy-duty and intensive use applications comprising maintenance around highway, airport, recreational, and other public areas; heavy duty, tractor-and truck-mounted mowing, and vegetation maintenance equipment and replacement parts; air, mechanical broom, regenerative air sweepers, pothole patchers, and replacement parts; products for excavation, grading, shaping, and similar tasks involved in land clearing, road building, or maintenance; catch basin cleaners and roadway debris vacuum systems; parking lot sweepers; and snow plows and heavy duty snow removal equipment, hitches, and attachments. The company also offers tractor-powered equipment, including rotary cutters, finishing mowers, flail mowers, disc mowers, zero turn radius mowers, front-end loaders, backhoes, rotary tillers, posthole diggers, scraper blades, and replacement parts; cutting parts, plain and hard-faced replacement tillage tools, disc blades, and fertilizer application components; and heavy-duty mechanical rotary mowers, snow blowers, rock removal equipment, and related replacement parts. In addition, it provides hydraulic, and boom-mounted hedge and grass cutters, as well as other tractor attachments and implements; hedgerow cutters, industrial grass mowers, and agricultural seedbed preparation cultivators; light-duty power arm mowers, and agricultural implements; hydraulic and mechanical boom mowers; and vacuum trucks, high pressure cleaning systems, and trenchers. The company was founded in 1955 and is based in Seguin, Texas.

3,070 Employees
Last Reported Date: 03/6/15
Founded in 1955

alamo group inc (ALG) Top Compensated Officers

Chief Executive Officer, President and Execut...
Total Annual Compensation: $790.6K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $313.6K
Vice President and Managing Director of Alamo...
Total Annual Compensation: $358.2K
Vice President and Executive Vice President o...
Total Annual Compensation: $326.0K
Compensation as of Fiscal Year 2014.

alamo group inc (ALG) Key Developments

Alamo Group, Inc., Board Meeting, Aug 06, 2015

Alamo Group, Inc., Board Meeting, Aug 06, 2015. Agenda: To consider the election of Mr. Robert P. Bauer and Mr. Eric Etchart as directors of the company.

Alamo Group, Inc. Announces the Appointment of Two New Board Members

Alamo Group Inc. announced the appointment of two new independent directors to its Board, Eric Etchart and Bob Bauer. These additions are being made in response to the anticipated retirement of two existing directors, Jim Skaggs and Jerry Goldress, both of whom have expressed their interest in retiring prior to the end 2015. Mr. Etchart, 59, was President and General Manager of the Manitowoc Crane Group until January 2015 at which time he joined the corporate group as Senior Vice President of business development of the Manitowoc Company, Inc. Mr. Bauer, 56, is President, CEO and a director at L. B. Foster Company. He has been with L.B. Foster since 2012 and prior to that was with Emerson Electric for 18 years. Mr. Bauer has been involved in all aspects of international manufacturing companies for over 30 years.

Alamo Group, Inc. Announces Consolidated Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Alamo Group, Inc. announced consolidated unaudited earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total sales of $215,734,000 against $207,751,000 a year ago. The second quarter results include the net effect of the acquisition of the units of Specialized Industries which was completed in May 2014, and to a lesser extent, the effects of the acquisition of Herder in Brazil, which occurred in March 2015. The net effect of these acquisitions added $16.0 million to sales in the second quarter. Income from operations was $16,435,000 against $14,796,000 a year ago. Income before income taxes was $15,116,000 against $13,940,000 a year ago. Net income was $9,710,000 against $9,195,000 a year ago. Net income per diluted common share was $0.84 against $0.75 a year ago. Adjusted operating income – non GAAP was $17,604,000 against $14,796,000 a year ago. Adjusted net income-non GAAP was $10,461,000 against $9,195,000 a year ago. Adjusted diluted earnings per share were $0.90 against $0.75 a year ago. Excluding the results of the acquired units and related transaction costs and interest, net income for the second quarter was approximately $9.1 million. Net income for the quarter was negatively impacted by significant acquisition-related expenses, accelerated stock option vesting, as well as weaker performance in the company's North American Agricultural Division primarily due to overall soft agricultural market conditions. For the six months, the company reported total sales of $423,532,000 against $380,361,000 a year ago. Excluding recent acquisitions, net sales were a record $353.2 million, an increase of 5%. Income from operations was $28,563,000 against $25,427,000 a year ago. Income before income taxes was $26,533,000 against $24,867,000 a year ago. Net income was $17,069,000 against $16,433,000 a year ago. Net income per diluted common share was $1.49 against $1.34 a year ago. Adjusted operating income – non GAAP was $31,764,000 against $25,427,000 a year ago. Adjusted net income-non GAAP was $19,128,000 against $16,433,000 a year ago. Adjusted diluted earnings per share were $1.67 against $1.34 a year ago. Excluding the net effect of the acquisitions referenced previously, plus adjusting for the acquisition of Fieldquip in Australia and Kellands in the U.K., both of which were completed at the beginning of the second quarter of 2014, net sales for the first half of 2015 were $341.1 million.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ALG:US $49.94 USD -1.55

ALG Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Altra Industrial Motion Corp $23.79 USD -1.22
Blount International Inc $6.48 USD -0.41
Rosenbauer International AG €73.00 EUR -0.05
Standard Motor Products Inc $34.29 USD -1.11
Winnebago Industries Inc $19.81 USD -0.67
View Industry Companies
 

Industry Analysis

ALG

Industry Average

Valuation ALG Industry Range
Price/Earnings 14.3x
Price/Sales 0.7x
Price/Book 1.7x
Price/Cash Flow 14.1x
TEV/Sales 0.4x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ALAMO GROUP INC, please visit www.alamo-group.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.