Colliers Securities analyst Michael Shlisky maintained a Buy rating on Alamo Group (NYSE:ALG) Inc on Monday, setting a price target of $186, which is approximately 12.86% above the present share price of $164.81.
Shlisky expects Alamo Group Inc to post earnings per share (EPS) of $0.69 for the second quarter of 2021.
The current consensus among 1 TipRanks analysts is for a Moderate Buy rating of shares in Alamo Group, with an average price target of $186.
The analysts price targets range from a high of $186 to a low of $186.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $288.62 million and a net profit of $15.73 million. The company's market cap is $1.96 billion.
According to TipRanks.com, Colliers Securities analyst Michael Shlisky is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 22.2% and a 50.43% success rate.
Alamo Group, Inc. engages in the design and manufacture of agricultural equipment and infrastructure maintenance equipment for governmental and industrial use. Its products include tractor-mounted mowing and other vegetation maintenance equipment, street sweepers, excavators, vacuum trucks, snow removal equipment, zero turn radius mowers, agricultural implements, and related aftermarket parts. It operates through the following business segments: Agricultural, Industrial, and European. The Industrial segment provides mowers, as well as trimmers, shredders, sweepers, excavators, vacuum trucks, snow removal equipment and other products designed for excavation, grading, shaping and land clearing, road building or maintenance. The company was founded by Donald J. Douglass in 1969 and is headquartered in Seguin, TX.