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Alamo Group Inc (ALG.N)

ALG.N on New York Stock Exchange

114.53USD
27 Feb 2020
Change (% chg)

$-7.84 (-6.41%)
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Volume
30,010
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$131.87
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Latest Key Developments (Source: Significant Developments)

Alamo Group Reports Q4 Earnings Per Share $0.81
2:45am IST 

Feb 27 (Reuters) - Alamo Group Inc ::ALAMO GROUP ANNOUNCES 2019 FOURTH QUARTER AND YEAR END RESULTS.Q4 EARNINGS PER SHARE $0.81.Q4 EARNINGS PER SHARE ESTIMATE $1.49 -- REFINITIV IBES DATA.Q4 SALES $300.2 MILLION VERSUS REFINITIV IBES ESTIMATE OF $291.6 MILLION.Q4 ADJUSTED EARNINGS PER SHARE $1.32 EXCLUDING ITEMS."ARE OPTIMISTIC ABOUT OUTLOOK FOR CO FOR 2020 AND BEYOND".CONTINUOUSLY MONITORING VARIOUS DEVELOPMENTS GLOBALLY THAT COULD IMPACT US SUCH AS CORONAVIRUS SITUATION IN ASIA.CONTINUOUSLY MONITORING VARIOUS DEVELOPMENTS GLOBALLY THAT COULD IMPACT US SUCH AS TRADE DISPUTE BETWEEN U.S. AND CHINA.  Full Article

Alamo Group Sets Quarterly Dividend Of $0.13 Per Share
Friday, 3 Jan 2020 

Jan 2 (Reuters) - Alamo Group Inc ::. DECLARES AND INCREASES REGULAR QUARTERLY DIVIDEND.SETS QUARTERLY DIVIDEND OF $0.13PER SHARE.  Full Article

Alamo Group Reports Q3 Earnings Per Share $1.47
Thursday, 31 Oct 2019 

Oct 30 (Reuters) - Alamo Group Inc ::ALAMO GROUP ANNOUNCES 2019 THIRD QUARTER AND YEAR TO DATE RESULTS.Q3 EARNINGS PER SHARE $1.47.Q3 SALES $271.8 MILLION VERSUS REFINITIV IBES ESTIMATE OF $281.2 MILLION.Q3 EARNINGS PER SHARE ESTIMATE $1.87 -- REFINITIV IBES DATA."CONTINUING TO FEEL IMPACTS IN U.S. OF TRADE DISAGREEMENTS WITH CHINA AS EACH QUARTER TARIFFS ARE BECOMING MORE OF A FACTOR".MORBARK IS NOT EXPECTED TO BE SIGNIFICANTLY ACCRETIVE TO RESULTS FOR BALANCE OF YEAR."REMAIN OPTIMISTIC" ABOUT LONG- RANGE OUTLOOK FOR OUR COMPANY.  Full Article

Alamo Group Inc. Enters Into Agreement To Acquire Morbark, Llc
Thursday, 12 Sep 2019 

Sept 11 (Reuters) - Alamo Group Inc ::ALAMO GROUP INC. ENTERS INTO AGREEMENT TO ACQUIRE MORBARK, LLC.ALAMO GROUP INC - TOTAL CONSIDERATION FOR PURCHASE IS APPROXIMATELY $352 MILLION.ALAMO GROUP INC - WORKING WITH ITS BANKING GROUP TO AMEND AND EXPAND ITS CURRENT CREDIT FACILITIES.ALAMO GROUP INC - BELIEVE TWO COMPANIES WILL JOINTLY BENEFIT FROM VARIOUS OPERATIONAL SYNERGIES.ALAMO GROUP INC - PRESIDENT OF MORBARK DAVE HERR WILL CONTINUE IN HIS ROLE.ALAMO GROUP INC - MORBARK WILL BECOME A PART OF ALAMO'S INDUSTRIAL DIVISION LED BY JEFF LEONARD.  Full Article

Alamo Group Announces Acquisition Of Dixie Chopper Business
Tuesday, 6 Aug 2019 

Aug 5 (Reuters) - Alamo Group Inc ::ALAMO GROUP ANNOUNCES ACQUISITION OF DIXIE CHOPPER BUSINESS.ALAMO GROUP INC - HAS ACQUIRED ASSETS OF DIXIE CHOPPER BUSINESS FROM TEXTRON OUTDOOR POWER EQUIPMENT INC., A SUBSIDIARY OF TEXTRON.  Full Article

Alamo Group Reports Q2 2019 Results
Thursday, 1 Aug 2019 

July 31 (Reuters) - Alamo Group Inc ::ALAMO GROUP ANNOUNCES RECORD 2019 SECOND QUARTER AND YEAR TO DATE RESULTS.Q2 EARNINGS PER SHARE $1.75.Q2 SALES $285.2 MILLION VERSUS REFINITIV IBES ESTIMATE OF $271.9 MILLION.Q2 EARNINGS PER SHARE ESTIMATE $1.62 -- REFINITIV IBES DATA.QTRLY BACKLOG REMAINS STEADY AT $228.8 MILLION, UP 3.9% YEAR OVER YEAR.  Full Article

Alamo Group Increases Regular Quarterly Dividend And Announces Share Repurchase Program
Thursday, 20 Dec 2018 

Dec 19 (Reuters) - Alamo Group Inc ::. INCREASES REGULAR QUARTERLY DIVIDEND AND ANNOUNCES SHARE REPURCHASE PROGRAM.SETS QUARTERLY DIVIDEND OF $0.12PER SHARE.APPROVED AN INCREASE IN COMPANY'S QUARTERLY DIVIDEND, RAISING IT TO $0.12 PER SHARE FROM $0.11 PER SHARE.COMPANY IS AUTHORIZED TO REPURCHASE IN AGGREGATE UP TO $30 MILLION OF ITS OUTSTANDING COMMON STOCK.UNDER SHARE REPURCHASE PROGRAM, WHICH HAS A FIVE YEAR TERM.  Full Article

Gradall Industries Announces Settlement Of Strike
Friday, 6 Apr 2018 

April 6 (Reuters) - Alamo Group Inc ::SETTLEMENT OF STRIKE AT GRADALL INDUSTRIES, INC..‍NOTIFIED THAT ON APRIL 5, UNIONIZED WORKERS AT ITS UNIT, GRADALL INDUSTRIES, INC APPROVED A 3 YEAR LABOR DEAL WITH CO.‍WORKERS ARE EXPECTED TO COMMENCE WORK UNDER NEW LABOR AGREEMENT ON MONDAY APRIL 9, 2018​.  Full Article

BRIEF-Alamo Group Reports Q4 Earnings Per Share $0.81

* ALAMO GROUP ANNOUNCES 2019 FOURTH QUARTER AND YEAR END RESULTS