Alamo Group Inc (ALG)

Nov 7, 2026

Zacks Research has downgraded Alamo Group (NYSE:ALG) from "hold" to "strong sell," despite the overall analyst consensus remaining "Hold" with an average price target of $188. The downgrade follows Alamo Group missing quarterly expectations, reporting EPS of $2.06 against a $2.62 consensus and revenue of $403.14 million versus $437.11 million estimates. Shares were down 2.0% and opened near their 52-week low at $133.81, with other firms like Sidoti also cutting future earnings estimates.

Nov 6, 2026

Seguin-based Alamo Group has acquired U.K.-based Econ Engineering for $158.7 million, expanding its industrial equipment business. This acquisition comes as the company also took a $33.3 million charge related to the exits of Dixie Chopper and Boxer. Econ Engineering specializes in manufacturing roadway maintenance vocational trucks.

Nov 5, 2026

Alamo Group Inc (ALG) reported mixed results for Q3 2026, with consolidated net sales down 4% but significant improvements in its Vegetation Management division's adjusted EBITDA margin and strong net order growth in Industrial Equipment. The company also completed the acquisition of Econ Engineering, boosting its balance sheet and market position. Despite challenges like inflation and soft end markets, Alamo Group maintains a strong financial position and is focused on strategic acquisitions and procurement initiatives, though it did not provide financial guidance for 2027 due to limited visibility.

Nov 4, 2026

Alamo Group Inc. (ALG) reported mixed results for Q3 2026, with its Vegetation Management division showing improved adjusted EBITDA margins and the Industrial Equipment division experiencing strong order growth. However, consolidated net sales declined, and the company acknowledged soft market conditions in several key sectors, opting not to provide 2027 financial guidance due to limited visibility. Despite these challenges, Alamo Group completed an accretive acquisition and maintains a strong balance sheet.

Nov 2, 2026

Alamo Group Inc. reported third-quarter net income of $2 million, or 17 cents per share, which adjusted to $2.06 per share but still missed analyst expectations of $2.65 per share. The company's revenue of $403.1 million also fell short of forecasts. Alamo Group shares have declined 9% year-to-date and 15% over the past 12 months.