Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
An announcement from Alamo Group ( (ALG) ) is now available.
On December 10, 2025, Alamo Group Inc. announced its plan to acquire Petersen Industries, a leader in truck-mounted grapple loader equipment, for approximately $166.5 million. This strategic acquisition, expected to close in the first quarter of 2026, aims to integrate Petersen into Alamo’s Industrial Equipment Division, enhancing its product offerings and market reach. The acquisition is anticipated to be accretive to Alamo Group’s growth and margins, providing solid recurring revenue from aftermarket parts and services, while unlocking significant cost savings and revenue growth opportunities.
The most recent analyst rating on (ALG) stock is a Hold with a $176.00 price target. To see the full list of analyst forecasts on Alamo Group stock, see the ALG Stock Forecast page.
Spark’s Take on ALG Stock
According to Spark, TipRanks’ AI Analyst, ALG is a Neutral.
Alamo Group’s overall stock score reflects a solid financial foundation and reasonable valuation, but technical indicators suggest bearish momentum. The earnings call highlighted both growth opportunities and operational challenges, particularly in the Vegetation Management division.
To see Spark’s full report on ALG stock, click here.
More about Alamo Group
Alamo Group is a leading global manufacturer specializing in high-quality industrial and vegetation management equipment, crucial for infrastructure maintenance and land management. Their product range includes vacuum trucks, hydro-excavator machines, street sweepers, snow and ice removal equipment, and other related industrial and vegetation maintenance equipment. Founded in 1969, the company operates 27 plants across North America, Europe, Australia, and Brazil.
Average Trading Volume: 103,935
Technical Sentiment Signal: Sell
Current Market Cap: $1.98B
For a thorough assessment of ALG stock, go to TipRanks’ Stock Analysis page.