ALG trades 14.2% below Wall Street's consensus target of $188.00.
Last 12 months price action with 12-month analyst target path
The base valuation assumes ALG achieves its forward estimates and maintains a stable P/E multiple of 15.6x. This scenario reflects the blended consensus of 10 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of September 24, 2026, Alamo Group Inc. (ALG) has a Wall Street consensus price target of $188.00, based on estimates from 10 covering analysts. With the stock currently trading at $164.64, this represents a potential upside of +14.2%. The company has a market capitalization of $2.00B.
Analyst price targets range from a low of $188.00 to a high of $188.00, representing a 0% spread in expectations. The median target of $188.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 7 analysts rating the stock as a Buy or Strong Buy,3 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, ALG trades at a trailing P/E of 19.2x and forward P/E of 15.6x. The forward PEG ratio of 1.31 indicates reasonable valuation for growth. Analysts expect EPS to grow +26.2% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $170.50, with bear and bull scenarios of $107.42 and $224.65 respectively. Model confidence stands at 45/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 ASTEAstec Industries, Inc. | $951M | $41.38 | $36.00 | -13.0% | Buy | 12.6x | 12 |
 HLIOHelios Technologies, Inc. | $2.3B | $69.52 | $91.67 | +31.9% | Buy | 21.8x | 13 |
 ESABESAB Corporation | $4.1B | $67.33 | $135.00 | +100.5% | Buy | 12.4x | 10 |
 NFBKNorthfield Bancorp, Inc. | $639M | $15.31 | $14.50 | -5.3% | Hold | 11.3x | 9 |
 DEDeere & Company | $191.5B | $709.48 | $731.20 | +3.1% | Buy | 39.2x | 46 |
 AGCOAGCO Corporation | $8.8B | $121.68 | $131.00 | +7.7% | Buy | 21.5x | 29 |
 CNHCNH Industrial N.V. | $17.0B | $13.75 | $14.56 | +5.9% | Buy | 31.0x | 15 |
 TEXTerex Corporation | $4.3B | $58.21 | $82.50 | +41.7% | Buy | 11.5x | 31 |
 LNNLindsay Corporation | $1.2B | $115.84 | $135.00 | +16.5% | Hold | 22.2x | 15 |
 ARTWArt's-Way Manufacturing Co., Inc. | $16M | $3.17 | — | — | — | — | — |
Quick answers to the most common questions about buying ALG stock.
Alamo Group Inc. (ALG) has a consensus 12-month price target of $188, implying 14.2% upside from $164.64. The 10 analysts covering ALG see moderate appreciation potential.
ALG has a consensus rating of "Buy" based on 10 Wall Street analysts. The rating breakdown is predominantly bullish, with 7 Buy/Strong Buy ratings. The consensus 12-month price target of $188 implies 14.2% upside from current levels.
With a forward P/E of 15.6373x, ALG trades at a relatively low valuation. The consensus target of $188 implies 14.2% appreciation, suggesting meaningful undervaluation.
The most bullish Wall Street analyst has a price target of $188 for ALG, while the most conservative target is $188. The consensus of $188 represents the median expectation. Our quantitative valuation model projects a bull case target of $225 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
ALG is moderately covered, with 10 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 7 have Buy ratings, 3 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month ALG stock forecast based on 10 Wall Street analysts shows a consensus price target of $188, with estimates ranging from $188 (bear case) to $188 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $171, with bear/bull scenarios of $107/$225.
Our quantitative valuation model calculates ALG's fair value at $171 (base case), with a bear case of $107 and bull case of $225. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 45/100.
ALG trades at a forward P/E ratio of 15.6x based on next-twelve-months earnings estimates compared to a trailing P/E of 19.2x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are optimistic on ALG, with a "Buy" consensus rating and $188 price target (14.2% upside). 7 of 10 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
ALG analyst price targets range from $188 to $188, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $188 consensus represents the middle ground. Our model's $107-$225 range provides an independent fundamental perspective.
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