Home Sectors Industrials Stock Watch: Alamo Group (NYSE: ALG)

Stock Watch: Alamo Group (NYSE: ALG)

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Alamo Group is part of the farm and construction machinery industry and industrials sector. The company CEO is Ronald A. Robinson. Alamo Group Inc is engaged in the design and manufacturing of agricultural equipment and infrastructure maintenance equipment. Its products include tractor-mounted mowing and other vegetation maintenance equipment, among others.

Previous Intraday Trading Performance:

The ALG stock showed a previous change of -0.03% with an open at 99.50 and a close of 97.60. It reached an intraday high of 98.37 and a low of 96.42.

SeekingAlpha:  Alamo Group Inc. (ALG) CEO Ron Robinson on Q1 2019 Results – Earnings Call Transcript

Liquidity:

The stock has a market cap of $1.1b with 11.8m shares outstanding, of which the float is 11.2m shares. Trading volume reached 39,538 shares compared to its average volume of 74,560 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Alamo Group shares returned -0.84% and in the past 30 trading days it returned -6.41%. Over three months, it changed -1.31%. In one year it has changed 4.05% and within that year its 52-week high was 106.19 and its 52-week low was 72.50. ALG stock is 34.62% above its 52 Week Low.

Our calculations show a 200 day moving average of 91.18 and a 50 day moving average of 99.93. Currently ALG stock is trading 7.04% above its 200 day moving average.

SeekingAlpha:  Alamo Group Inc. (ALG) CEO Ron Robinson on Q1 2019 Results – Earnings Call Transcript

Earnings:

The last annual fiscal EPS for the company was reported at 6.25 that ended on 31st of December 2018, which according to the previous close, that is a PE of 15.62.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 05/01/2019): 1.30
4thQtr of 2018 (Reported on 02/28/2019): 1.41
3rdQtr of 2018 (Reported on 10/31/2018): 2.00
2ndQtr of 2018 (Reported on 08/01/2018): 1.60
1stQtr of 2018 (Reported on 05/03/2018): 1.24

The dividend per share is currently 0.48, which is a dividend yield of 0.49%.

Base on our calculations, the intrinsic value per share is 176.77, which means it is possibly undervalued and has a margin of safety of 44.79%.

Indicators to Watch:

Short-interest was 223,808, which was 1.90% of shares outstanding. The short-interest ratio or days-to-cover ratio was 2.75. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.89.

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 15.67%, return on assets is 9.68%, profit margin is 7.23%, price-to-sales is 1.11 and price-to-book is 2.20.

Company Scores:

All scores are out of six:
 5  :Valuation Score
 4  :Past Performance Score
 4  :Financial Strength Score
 1  :Future Growth Score
 0  :Dividend Score
 3  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.