Latest news with #ALG
India Today
2 days ago
- India Today
IAF strip, used in 3 wars, 'sold off' by mother-son duo. FIR filed 28 years later
An airstrip, used by the Indian Air Force (IAF) during the 1962, 1965 and 1971 wars, may have been erased from the history books if not for a complaint by a retired revenue official in Punjab. The airstrip was allegedly sold off by a woman and her son fraudulently to private individuals in 1997 in connivance with revenue 28 years later, an FIR has been registered against Usha Ansal and her son Naveen Chand after court intervention and a prolonged World War II-era airstrip in Fattuwala village of Ferozepur, which is near the Pakistan border, was used as an Advance Landing Ground (ALG) by the IAF. Senior police officer D Manjit Singh said the FIR has been registered at Kulgarhi police station under IPC sections 419 (impersonation), 420 (cheating), 465, 467 (forgery), 471 (use of forged documents), and 120-B (criminal conspiracy). The mother-son duo, residents of Demniwala village, are currently based in matter first came to light after a complaint was filed by a retired revenue officer, Nishan Singh, with the vigilance bureau. However, no serious action was taken against it for years even though a preliminary inquiry was April 16, 2021, the commandant of the Halwara Air Force Station formally lodged a complaint with the Ferozepur deputy commissioner, demanding a it took the local administration five years to conduct a comprehensive inquiry and verify the revenue over the delay, Nishan Singh moved the Punjab and Haryana High Court. On December 21, 2023, the court directed the Ferozepur deputy commissioner to complete the probe within six response, the deputy commissioner submitted a three-page report, saying the land still remained in the possession of the IAF as per 1958-59 revenue Nishan Singh contested the report, alleging that key details were omitted and that the land mutation had been fraudulently transferred to private individuals in was only in May 2025 that, following an administrative review, the airstrip was restored to the Ministry of Defence."The land, historically significant for its military use, had been fraudulently sold, and the truth only emerged due to sustained pressure and legal action," Nishan Singh told investigation is still ongoing. Police said more arrests will follow.(With inputs from Akshay Kumar)- EndsMust Watch
Yahoo
4 days ago
- Business
- Yahoo
Here's What We Like About ALBIS Leasing's (ETR:ALG) Upcoming Dividend
It looks like ALBIS Leasing AG (ETR:ALG) is about to go ex-dividend in the next 3 days. The ex-dividend date generally occurs two days before the record date, which is the day on which shareholders need to be on the company's books in order to receive a dividend. The ex-dividend date is of consequence because whenever a stock is bought or sold, the trade can take two business days or more to settle. Thus, you can purchase ALBIS Leasing's shares before the 3rd of July in order to receive the dividend, which the company will pay on the 7th of July. The company's upcoming dividend is €0.09 a share, following on from the last 12 months, when the company distributed a total of €0.09 per share to shareholders. Calculating the last year's worth of payments shows that ALBIS Leasing has a trailing yield of 3.2% on the current share price of €2.78. We love seeing companies pay a dividend, but it's also important to be sure that laying the golden eggs isn't going to kill our golden goose! We need to see whether the dividend is covered by earnings and if it's growing. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Dividends are usually paid out of company profits, so if a company pays out more than it earned then its dividend is usually at greater risk of being cut. That's why it's good to see ALBIS Leasing paying out a modest 30% of its earnings. Companies that pay out less in dividends than they earn in profits generally have more sustainable dividends. The lower the payout ratio, the more wiggle room the business has before it could be forced to cut the dividend. Check out our latest analysis for ALBIS Leasing Click here to see how much of its profit ALBIS Leasing paid out over the last 12 months. Stocks in companies that generate sustainable earnings growth often make the best dividend prospects, as it is easier to lift the dividend when earnings are rising. If earnings decline and the company is forced to cut its dividend, investors could watch the value of their investment go up in smoke. That's why it's comforting to see ALBIS Leasing's earnings have been skyrocketing, up 26% per annum for the past five years. Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. In the last nine years, ALBIS Leasing has lifted its dividend by approximately 11% a year on average. It's exciting to see that both earnings and dividends per share have grown rapidly over the past few years. Is ALBIS Leasing worth buying for its dividend? Companies like ALBIS Leasing that are growing rapidly and paying out a low fraction of earnings, are usually reinvesting heavily in their business. This is one of the most attractive investment combinations under this analysis, as it can create substantial value for investors over the long run. We think this is a pretty attractive combination, and would be interested in investigating ALBIS Leasing more closely. With that in mind, a critical part of thorough stock research is being aware of any risks that stock currently faces. Our analysis shows 4 warning signs for ALBIS Leasing that we strongly recommend you have a look at before investing in the company. Generally, we wouldn't recommend just buying the first dividend stock you see. Here's a curated list of interesting stocks that are strong dividend payers. — Investing narratives with Fair Values A case for TSXV:USA to reach USD $5.00 - $9.00 (CAD $7.30–$12.29) by 2029. By Agricola – Community Contributor Fair Value Estimated: CA$12.29 · 0.9% Overvalued DLocal's Future Growth Fueled by 35% Revenue and Profit Margin Boosts By WynnLevi – Community Contributor Fair Value Estimated: $195.39 · 0.9% Overvalued Historically Cheap, but the Margin of Safety Is Still Thin By Mandelman – Community Contributor Fair Value Estimated: SEK232.58 · 0.1% Overvalued View more featured narratives — Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
25-06-2025
- Business
- Yahoo
Are You Looking for a Top Momentum Pick? Why Alamo Group (ALG) is a Great Choice
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at Alamo Group (ALG), which currently has a Momentum Style Score of B. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Alamo Group currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> In order to see if ALG is a promising momentum pick, let's examine some Momentum Style elements to see if this maker of road maintenance, industrial and farm equipment holds up. A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area. For ALG, shares are up 0.96% over the past week while the Zacks Manufacturing - Farm Equipment industry is up 1.4% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 7.57% compares favorably with the industry's 0.35% performance as well. While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Shares of Alamo Group have increased 20.74% over the past quarter, and have gained 26.7% in the last year. On the other hand, the S&P 500 has only moved 6.01% and 13.18%, respectively. Investors should also pay attention to ALG's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. ALG is currently averaging 136,793 shares for the last 20 days. The Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with ALG. Over the past two months, 1 earnings estimate moved higher compared to none lower for the full year. These revisions helped boost ALG's consensus estimate, increasing from $10.42 to $10.85 in the past 60 days. Looking at the next fiscal year, 1 estimate has moved upwards while there have been no downward revisions in the same time period. Given these factors, it shouldn't be surprising that ALG is a #2 (Buy) stock and boasts a Momentum Score of B. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep Alamo Group on your short list. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Alamo Group, Inc. (ALG) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
23-06-2025
- Business
- Yahoo
1 Profitable Stock on Our Buy List and 2 to Question
While profitability is essential, it doesn't guarantee long-term success. Some companies that rest on their margins will lose ground as competition intensifies - as Jeff Bezos said, "Your margin is my opportunity". A business making money today isn't necessarily a winner, which is why we analyze companies across multiple dimensions at StockStory. That said, here is one profitable company that leverages its financial strength to beat the competition and two best left off your watchlist. Trailing 12-Month GAAP Operating Margin: 19.4% Founded by payroll software veteran Steve Sarowitz in 1997, Paylocity (NASDAQ:PCTY) is a provider of payroll and HR software for small and medium-sized enterprises. Why Are We Hesitant About PCTY? Estimated sales growth of 8.3% for the next 12 months implies demand will slow from its three-year trend Gross margin of 68.8% reflects its relatively high servicing costs At $176.78 per share, Paylocity trades at 6x forward price-to-sales. Dive into our free research report to see why there are better opportunities than PCTY. Trailing 12-Month GAAP Operating Margin: 10.2% Expanding its markets through acquisitions since its founding, Alamo (NSYE:ALG) designs, manufactures, and services vegetation management and infrastructure maintenance equipment for governmental, industrial, and agricultural use. Why Should You Sell ALG? Sales stagnated over the last two years and signal the need for new growth strategies Projected sales growth of 2.8% for the next 12 months suggests sluggish demand Flat earnings per share over the last two years lagged its peers Alamo's stock price of $214.51 implies a valuation ratio of 21x forward P/E. Check out our free in-depth research report to learn more about why ALG doesn't pass our bar. Trailing 12-Month GAAP Operating Margin: 11.2% Formed through the merger of 12 companies, Comfort Systems (NYSE:FIX) provides mechanical and electrical contracting services. Why Will FIX Beat the Market? Sales pipeline is in good shape as its backlog averaged 30.5% growth over the past two years Earnings per share grew by 67.6% annually over the last two years and trumped its peers Returns on capital are climbing as management makes more lucrative bets Comfort Systems is trading at $499.58 per share, or 26.7x forward P/E. Is now a good time to buy? See for yourself in our comprehensive research report, it's free. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today Sign in to access your portfolio
Yahoo
11-06-2025
- Business
- Yahoo
ALG Q1 Earnings Call: Mixed Segment Trends and Ongoing Cost Initiatives Shape Outlook
Specialized equipment manufacturer for infrastructure and vegetation management Alamo Group (NYSE:ALG) met Wall Street's revenue expectations in Q1 CY2025, but sales fell by 8.1% year on year to $391 million. Its non-GAAP profit of $2.64 per share was 19.6% above analysts' consensus estimates. Is now the time to buy ALG? Find out in our full research report (it's free). Revenue: $391 million vs analyst estimates of $391.1 million (8.1% year-on-year decline, in line) Adjusted EPS: $2.64 vs analyst estimates of $2.21 (19.6% beat) Adjusted EBITDA: $57.29 million vs analyst estimates of $51.23 million (14.7% margin, 11.8% beat) Operating Margin: 11.4%, in line with the same quarter last year Backlog: $702.7 million at quarter end Market Capitalization: $2.53 billion Alamo Group's first quarter results reflected continued divergence between its two main divisions. CEO Jeff Leonard pointed out that the Industrial Equipment division benefited from strong demand by governmental agencies and contractors, driving significant year-on-year growth in sales of vacuum trucks, excavators, and snow removal equipment. Meanwhile, the Vegetation Management division showed sequential improvement, but sales remained below prior-year levels. CFO Agnes Kamps highlighted that cost reduction actions taken in the second half of last year improved margins, particularly in Vegetation Management, where operating margin improved 410 basis points from the previous quarter. Leonard noted, 'We've gained efficiencies in those facilities as a result [of consolidations], and then we made a fairly significant move in the SG&A.' Looking ahead, management expects gradual improvement in both divisions, noting that backlog and order trends support a cautiously optimistic outlook. Leonard commented that the Industrial Equipment division is positioned to benefit from ongoing fleet renewal by municipalities, while Vegetation Management should see further sequential gains as channel inventory normalizes and dealer restocking begins. However, management acknowledged that trade policy and tariffs present ongoing risks, particularly regarding cost inflation and customer demand outside governmental sectors. Leonard emphasized, 'We're watching [tariffs] very closely, and we've been successful so far in pushing back on our suppliers as they've sought larger increases than we felt were warranted.' Management attributed the quarter's segment performance to strong demand in Industrial Equipment and ongoing stabilization efforts in Vegetation Management, supported by cost actions and facility consolidations. Industrial Equipment demand strength: Robust sales of vacuum trucks, excavators, and snow removal equipment drove double-digit organic growth in the Industrial Equipment division, with backlog rising sequentially and operating margin expanding by 120 basis points year over year. Vegetation Management stabilization: Sequential improvement was seen in Vegetation Management orders and backlog, aided by cost reduction initiatives. While year-over-year sales remained lower, operating margin improved 410 basis points from the prior quarter due to completed facility consolidations and SG&A reductions. Cost actions and facility moves: Management completed major cost reduction programs, including consolidating forestry and mower production facilities. Agnes Kamps explained these efforts cut fixed costs and improved efficiency, with further potential gains expected as remaining consolidation work continues. Tariff and trade uncertainty: Management described tariffs as a risk for cost inflation, especially for imported components, but noted that most impacts so far have been modest and largely manageable. Leonard said the company is actively shifting production within North America to mitigate exposure. M&A focus with strong balance sheet: With net debt near zero, management signaled that mergers and acquisitions are now the top capital allocation priority. Leonard stated that several sizable acquisition opportunities are being pursued, with share buybacks considered a secondary option if deals do not materialize. Alamo Group's outlook is shaped by continued momentum in Industrial Equipment, a gradual recovery in Vegetation Management, and external risks from tariffs and global trade. Recovery in Vegetation Management: Management expects further sequential improvements as dealer restocking begins and backlog builds, with the division aiming to restore margins to pre-pandemic highs, leveraging fixed cost reductions from recent facility actions. Industrial Equipment backlog and demand: The sizable backlog and strong ordering activity from municipalities and contractors is anticipated to sustain elevated sales and margins in the coming quarters, particularly as government spending on maintenance remains stable. Tariff and supply chain risks: Management cautioned that tariffs and potential material cost inflation could impact non-governmental demand and margins, especially if broader economic conditions weaken. The company is monitoring supply chain developments and adjusting production as needed. In the quarters ahead, the StockStory team will be monitoring (1) sustained backlog growth and order activity in the Industrial Equipment division, (2) the pace and impact of dealer restocking and margin recovery in Vegetation Management, and (3) any shifts in cost inflation or customer demand stemming from tariffs or macroeconomic factors. Updates on M&A progress and further facility consolidation outcomes will also be important signposts for future performance. Alamo currently trades at a forward P/E ratio of 20.5×. At this valuation, is it a buy or sell post earnings? The answer lies in our full research report (it's free). The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today. Sign in to access your portfolio
