Allegro Microsystems Inc (ALGM) is a leading semiconductors business based in the US. It opened the day at $27.14 after a previous close of $27.09. During the day the price has varied from a low of $26.98 to a high of $27.63. The latest price was $27.53 (25 minute delay). Allegro Microsystems Inc is listed on the NASDAQ and employs 4,687 staff. All prices are listed in US Dollars.
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Allegro Microsystems Inc stock price (NASDAQ: ALGM)Use our graph to track the performance of ALGM stocks over time.
Allegro Microsystems Inc shares at a glance
|52-week range||$19.80 - $53.05|
|50-day moving average||$43.61|
|200-day moving average||$39.70|
|Wall St. target price||$55.33|
|Dividend yield||$0 (0%)|
|Earnings per share (TTM)||$1.22|
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Is it a good time to buy Allegro Microsystems Inc stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Allegro Microsystems Inc price performance over time
|1 week (2023-09-15)||-16.04%|
|1 month (2023-08-22)||-28.64%|
|3 months (2023-06-22)||-34.65%|
|6 months (2023-03-22)||-39.84%|
|1 year (2022-09-22)||25.25%|
|2 years (2021-09-22)||-20.02%|
|3 years (2020-09-18)||N/A|
|5 years (2018-09-18)||N/A|
Is Allegro Microsystems Inc stock undervalued or overvalued?
Valuing Allegro Microsystems Inc stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Allegro Microsystems Inc's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Allegro Microsystems Inc's P/E ratio
Allegro Microsystems Inc's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 31x. In other words, Allegro Microsystems Inc shares trade at around 31x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
However, Allegro Microsystems Inc's P/E ratio is best considered in relation to those of others within the semiconductors industry or those of similar companies.
Allegro Microsystems Inc's EBITDA
Allegro Microsystems Inc's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $309.7 million.
The EBITDA is a measure of a Allegro Microsystems Inc's overall financial performance and is widely used to measure a its profitability.
To put Allegro Microsystems Inc's EBITDA into context you can compare it against that of similar companies.
Allegro Microsystems Inc financials
|Revenue TTM||$1 billion|
|Operating margin TTM||24.8%|
|Gross profit TTM||$411.8 million|
|Return on assets TTM||14.84%|
|Return on equity TTM||26.59%|
|Market Capitalization||$7.4 billion|
TTM: trailing 12 months
Allegro Microsystems Inc share dividends
We're not expecting Allegro Microsystems Inc to pay a dividend over the next 12 months.
You may also wish to consider:
- Intel Corporation (INTC.US) (1.29% forward annual dividend yield)
Allegro Microsystems Inc share price volatility
Over the last 12 months, Allegro Microsystems Inc's shares have ranged in value from as little as $19.8 up to $53.05. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Allegro Microsystems Inc's is 1.7131. This would suggest that Allegro Microsystems Inc's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
To put Allegro Microsystems Inc's beta into context you can compare it against those of similar companies.
Allegro Microsystems Inc overview
Allegro MicroSystems, Inc. , together with its subsidiaries, designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific analog power ICs for motion control and energy-efficient systems. Its products include magnetic sensor ICs, such as position, speed, and current sensor ICs; power ICs comprising motor driver ICs, regulator and LED driver ICs, and isolated gate drivers; and photonic and advanced 3D sensing components. The company sells its products to original equipment manufacturers and suppliers primarily in the automotive and industrial markets through its direct sales force, third party distributors, independent sales representatives, and consignment. It operates in the United States, rest of the Americas, Europe, Japan, Greater China, South Korea, and other Asian markets. The company was founded in 1990 and is headquartered in Manchester, New Hampshire. Allegro MicroSystems, Inc.
Allegro Microsystems Inc in the news
Allegro MicroSystems, Inc. (ALGM) Dips More Than Broader Markets: What You Should Know
Why Allegro MicroSystems, Inc. (NASDAQ:ALGM) Could Be Worth Watching
Allegro MicroSystems, Inc. (ALGM) Stock Sinks As Market Gains: What You Should Know
Frequently asked questionsWhat percentage of Allegro Microsystems Inc is owned by insiders or institutions?
Currently 52.604% of Allegro Microsystems Inc shares are held by insiders and 52.472% by institutions. How many people work for Allegro Microsystems Inc?
Latest data suggests 4,687 work at Allegro Microsystems Inc. When does the fiscal year end for Allegro Microsystems Inc?
Allegro Microsystems Inc's fiscal year ends in March. Where is Allegro Microsystems Inc based?
Allegro Microsystems Inc's address is: 955 Perimeter Road, Manchester, NH, United States, 03103 What is Allegro Microsystems Inc's ISIN number?
Allegro Microsystems Inc's international securities identification number is: US01749D1054
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