Downgrades | Buy Neutral | X | ||
Downgrades | Outperform Neutral | X | ||
$224 $177 |
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Initiated | Outperform | X | ||
Initiated | Outperform | X | ||
Upgrades | Neutral Buy | X | ||
$173 $196 |
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Initiated | Neutral | X | ||
Upgrades | Neutral Buy | X | ||
ALG Alamo Group, Inc.
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Alamo Group Inc. is engaged in the design and manufacture of agricultural equipment and infrastructure maintenance equipment for governmental and industrial use. The Company operates in Industrial, Agricultural and European segments. The Company's products include tractor-mounted mowing and other vegetation maintenance equipment, street sweepers, excavators, vacuum trucks, snow removal equipment, pothole patchers, zero turn radius mowers, agricultural implements and related aftermarket. As of December 31, 2016, the Company operated 24 plants in North America, Europe, Australia and Brazil. The Company sells its products through a network of independent dealers and distributors to Governmental end users, related independent contractors, as well as to the agricultural and commercial turf markets. It also offers replacement parts for each of its wholegoods lines. The Company's products are sold through various marketing organizations, and dealer and distributor networks.