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Allegro MicroSystems, Inc (ALGM) is a leading semiconductors business based in the US. It opened the day at USD$28.61 after a previous close of USD$28.94. During the day the price has varied from a low of USD$27.04 to a high of USD$29.03. The latest price was USD$28.29 (25 minute delay). Allegro MicroSystems is listed on the NASDAQ and employs 0 staff. All prices are listed in US Dollars.
|52-week range||USD$14 - USD$34.66|
|50-day moving average||USD$30.688|
|200-day moving average||USD$26.9537|
|Wall St. target price||USD$36.14|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||N/A|
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Valuing Allegro MicroSystems stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Allegro MicroSystems's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Allegro MicroSystems's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 119x. In other words, Allegro MicroSystems shares trade at around 119x 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's P/E ratio is best considered in relation to those of others within the semiconductors industry or those of similar companies.
Allegro MicroSystems's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$122.6 million.
The EBITDA is a measure of a Allegro MicroSystems's overall financial performance and is widely used to measure a its profitability.
To put Allegro MicroSystems's EBITDA into context you can compare it against that of similar companies.
|Revenue TTM||USD$590.7 million|
|Operating margin TTM||11.83%|
|Gross profit TTM||USD$261.3 million|
|Return on assets TTM||0%|
|Return on equity TTM||0%|
|Market capitalisation||USD$5.5 billion|
TTM: trailing 12 months
There are currently 2.3 million Allegro MicroSystems shares held short by investors – that's known as Allegro MicroSystems's "short interest". This figure is 13.1% down from 2.6 million last month.
There are a few different ways that this level of interest in shorting Allegro MicroSystems shares can be evaluated.
Allegro MicroSystems's "short interest ratio" (SIR) is the quantity of Allegro MicroSystems shares currently shorted divided by the average quantity of Allegro MicroSystems shares traded daily (recently around 740021.82410423). Allegro MicroSystems's SIR currently stands at 3.07. In other words for every 100,000 Allegro MicroSystems shares traded daily on the market, roughly 3070 shares are currently held short.
To gain some more context, you can compare Allegro MicroSystems's short interest ratio against those of similar companies.
However Allegro MicroSystems's short interest can also be evaluated against the total number of Allegro MicroSystems shares, or, against the total number of tradable Allegro MicroSystems shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Allegro MicroSystems's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Allegro MicroSystems shares in existence, roughly 10 shares are currently held short) or 0.0753% of the tradable shares (for every 100,000 tradable Allegro MicroSystems shares, roughly 75 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Allegro MicroSystems.
Find out more about how you can short Allegro MicroSystems stock.
We're not expecting Allegro MicroSystems to pay a dividend over the next 12 months.
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Allegro MicroSystems, Inc. designs, develops, manufactures, and markets sensor ICs and application-specific analog power ICs for motion control and energy-efficient systems in automotive and industrial markets. Its products include magnetic sensor ICs, such as position, speed, and current sensor ICs; Power ICs comprising motor driver ICs, and regulator and LED driver ICs, as well as photonic and 3D sensing components for LiDAR applications. The company sells its products to OEMs and suppliers primarily in the automotive and industrial markets through its direct sales force, distributors, and independent sales representatives. It operates in 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.
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