Alliance Laundry (NYSE:ALH) Price Target Raised to $28.00

Alliance Laundry (NYSE:ALH) had its price objective lifted by research analysts at Citigroup from $26.00 to $28.00 in a report issued on Thursday, Benzinga reports. The firm currently has a “buy” rating on the stock. Citigroup‘s price target would suggest a potential upside of 15.54% from the stock’s current price.

Several other research analysts have also recently commented on ALH. Weiss Ratings upgraded shares of Alliance Laundry from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, November 4th. BMO Capital Markets lifted their price target on Alliance Laundry from $30.00 to $31.00 and gave the company an “outperform” rating in a report on Monday, August 17th. Robert W. Baird decreased their price objective on Alliance Laundry from $34.00 to $30.00 and set an “outperform” rating for the company in a report on Wednesday. Morgan Stanley increased their price objective on Alliance Laundry from $28.00 to $29.00 and gave the stock an “equal weight” rating in a report on Wednesday. Finally, Zacks Research upgraded Alliance Laundry from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 26th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $29.80.

Alliance Laundry Stock Performance

NYSE ALH traded up $0.03 during trading hours on Thursday, hitting $24.23. The company had a trading volume of 155,681 shares, compared to its average volume of 973,102. The company has a quick ratio of 1.14, a current ratio of 1.43 and a debt-to-equity ratio of 3.35. The firm has a market cap of $4.82 billion and a P/E ratio of 23.39. Alliance Laundry has a fifty-two week low of $18.64 and a fifty-two week high of $28.23. The business has a fifty day simple moving average of $21.79 and a 200-day simple moving average of $23.53.

Alliance Laundry (NYSE:ALH) last released its quarterly earnings results on Tuesday, November 10th. The company reported $0.38 EPS for the quarter, topping the consensus estimate of $0.32 by $0.06. The business had revenue of $460.92 million during the quarter. Alliance Laundry had a net margin of 11.74% and a return on equity of 61.36%. Equities analysts predict that Alliance Laundry will post 1.36 EPS for the current year.

Insider Transactions at Alliance Laundry

In other news, COO Gommaar Vleugels sold 75,000 shares of the company’s stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $21.05, for a total transaction of $1,578,750.00. Following the completion of the sale, the chief operating officer directly owned 374,563 shares of the company’s stock, valued at $7,884,551.15. This represents a 16.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 7.60% of the company’s stock.

Hedge Funds Weigh In On Alliance Laundry

Several institutional investors and hedge funds have recently bought and sold shares of ALH. BDT Capital Partners LLC purchased a new stake in shares of Alliance Laundry in the second quarter worth approximately $3,732,734,978. BlackRock Inc. purchased a new position in Alliance Laundry during the second quarter valued at approximately $85,422,000. Bank of America Corp DE acquired a new position in Alliance Laundry in the 2nd quarter valued at approximately $14,037,000. Sei Investments Co. increased its stake in Alliance Laundry by 9.4% in the 1st quarter. Sei Investments Co. now owns 266,884 shares of the company’s stock valued at $5,535,000 after buying an additional 22,988 shares during the period. Finally, Renaissance Technologies LLC increased its stake in shares of Alliance Laundry by 24.6% in the first quarter. Renaissance Technologies LLC now owns 207,300 shares of the company’s stock worth $4,299,000 after acquiring an additional 40,900 shares during the last quarter.

Recent Alliance Laundry Headlines

Investors following ALH have been watching these headlines:

• Positive Sentiment: Q3 earnings were $0.38 per share, above the $0.32 consensus estimate. Revenue rose 5.3% to $460.92 million, with North American growth and improved margins contributing to results. The company raised its 2026 adjusted EBITDA outlook to about 10% growth while maintaining its 6%–7% revenue-growth forecast. ALH Q3 Earnings Beat on Strong North America Growth, Margins Up
• Positive Sentiment: Morgan Stanley raised its price target to $29 from $28 while retaining an “equal weight” rating, indicating a modestly higher valuation view. Morgan Stanley price-target update
• Negative Sentiment: Robert W. Baird cut its target to $30 from $34, and JPMorgan lowered its target to $31 from $32. Both maintained positive ratings—“outperform” and “overweight,” respectively—but the lower targets could weigh on sentiment. Robert W. Baird price-target update JPMorgan price-target update

Alliance Laundry Company Profile

Alliance Laundry Holdings, Inc. designs, manufactures and sells commercial laundry equipment. Its products include washers, dryers and related laundry systems for laundromats and customers in sectors such as hospitality, healthcare, multifamily housing and other institutional markets. The company serves customers worldwide through brands including Speed Queen, UniMac, Huebsch, Primus and IPSO. Its offerings include equipment for self-service and on-premises laundry operations, along with related parts and services.