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Allegro MicroSystems (ALGM)
NASDAQ:ALGM
RESEARCH TOOLSreports
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ALGM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$19.71 - $33.26
Previous Close$21.73
Volume1.43M
Average Volume (3M)2.17M
Market Cap
$4.08B
Enterprise Value$4.31B
Total Cash (Recent Filing)$188.75M
Total Debt (Recent Filing)$424.74M
Price to Earnings (P/E)―
Beta1.70
Next Earnings
Feb 04, 2025EPS Estimate
$0.06Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.13
Shares Outstanding183,983,854
10 Day Avg. Volume2,091,465
30 Day Avg. Volume2,167,114
Standard Deviation0.14
R-Squared0.34
Alpha-0.00940
Financial Highlights & Ratios
Price to Book (P/B)4.27
Price to Sales (P/S)4.80
Price to Cash Flow (P/CF)65.60
P/FCF Ratio64.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.96
Enterprise Value/Gross Profit7.51
Enterprise Value/Ebitda34.99
Forecast
1Y Price Target
$27.14Price Target Upside24.90% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
Allegro MicroSystems News
Bulls Say, Bears Say
Bulls Say
Growth PotentialA number of new products and design wins were announced giving confidence the company can return to growth.
Market PositionAllegro has a strong market position in a rapidly growing Chinese Automotive market.
Product StrategyAllegro Microsystems sees better utilization and higher average selling prices from new product launches, moving towards a long-term margin target.
Bears Say
Financial PerformanceProlonged inventory digestion in NA/Europe Auto and moderated outlook lead to a few hundred million cut to the Street's FY26 numbers for ALGM.
Inventory IssuesElevated inventories in the US and EU are causing some weakness in Allegro Microsystems' performance.
Revenue GrowthThe automotive semiconductor market is expected to enter a period of stagnation with slower content growth, posing a headwind to Allegro’s revenue growth.
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Risk Analysis
Main Risk Category
Ability to SellRisks related to the company’s ability to sell goods and services
ALGM FAQ
What was Allegro MicroSystems’s price range in the past 12 months?
Allegro MicroSystems lowest stock price was $19.71 and its highest was $33.26 in the past 12 months.
What is Allegro MicroSystems’s market cap?
Currently, no data Available
When is Allegro MicroSystems’s upcoming earnings report date?
Allegro MicroSystems’s upcoming earnings report date is Feb 04, 2025 which is in 86 days.
How were Allegro MicroSystems’s earnings last quarter?
Allegro MicroSystems released its earnings results on Oct 31, 2024. The company reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.064 by $0.016.
Is Allegro MicroSystems overvalued?
According to Wall Street analysts Allegro MicroSystems’s price is currently Undervalued.
Does Allegro MicroSystems pay dividends?
Allegro MicroSystems does not currently pay dividends.
What is Allegro MicroSystems’s EPS estimate?
Allegro MicroSystems’s EPS estimate is $0.06.
How many shares outstanding does Allegro MicroSystems have?
Allegro MicroSystems has 183,983,860 shares outstanding.
What happened to Allegro MicroSystems’s price movement after its last earnings report?
Allegro MicroSystems reported an EPS of $0.08 in its last earnings report, beating expectations of $0.064. Following the earnings report the stock price went down -6.211%.
Which hedge fund is a major shareholder of Allegro MicroSystems?
Among the largest hedge funds holding Allegro MicroSystems’s share is Woodline Partners LP. It holds Allegro MicroSystems’s shares valued at 41M.
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Allegro MicroSystems Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$27.14 (24.90% Upside)
$27.14 (24.90% Upside)
Blogger Sentiment
Neutral
ALGM Sentiment 60%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 1.7M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $231.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 17.8%
Last 30 Days ▲ 22.9%
Last 30 Days ▲ 22.9%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-15.44%
12-Months-Change
Fundamentals
Return on Equity
-2.47%
Trailing 12-Months
Asset Growth
16.12%
Trailing 12-Months
Company Description
Allegro MicroSystems
Allegro Microsystems Inc is a global designer, developer, fabless manufacturer and marketer of sensor ICs and application-specific analog power ICs enabling the important emerging technologies in the automotive and industrial markets. It is a supplier of power ICs. Its sensor ICs enable customers to precisely measure motion, speed, position and current, while its power ICs include high-temperature and high-voltage capable motor driver, power management and LED driver ICs. Its products are divided into three categories such as SENSE that include Current Sensors, Switches and Latches, Linear and Angular Position, Magnetic Speed Sensors, and Photonics; REGULATE that include Regulators, ClearPower Modules, and LED Drivers; and DRIVE that includes BLDC Drivers, Brush DC and Stepper Drivers.
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ALGM Earnings Call
Q2 2024
0:00 / 0:00
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ALGM Stock 12 Month Forecast
Average Price Target
$27.14
▲(24.90% Upside)
Technical Analysis
Best Analysts Covering ALGM
1 Year
1 Year Success Rate
7/18 ratings generated profit
1 Year Average Return
+4.39%
reiterated a buy rating 10 days ago
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