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 is listed on the NASDAQ and employs 3,874 staff. All prices are listed in US Dollars.
How to buy shares in Allegro MicroSystems
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Allegro MicroSystems stock price (NASDAQ: ALGM)Use our graph to track the performance of ALGM stocks over time.
Allegro MicroSystems shares at a glance
|52-week range||$14.00 - $34.66|
|50-day moving average||$27.05|
|200-day moving average||$27.28|
|Wall St. target price||$35.43|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$0.10|
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Is it a good time to buy Allegro MicroSystems 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 price performance over time
|1 week (2021-07-19)||N/A|
|1 month (2021-06-30)||-0.61%|
|3 months (2021-04-30)||11.55%|
|6 months (2021-01-26)||N/A|
|1 year (2020-07-26)||N/A|
|2 years (2019-07-26)||N/A|
|3 years (2018-07-26)||N/A|
|5 years (2016-07-26)||N/A|
Is Allegro MicroSystems under- or over-valued?
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 P/E ratio
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 262x. In other words, Allegro MicroSystems shares trade at around 262x 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
Allegro MicroSystems's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $137.2 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.
Allegro MicroSystems financials
|Revenue TTM||$591.2 million|
|Operating margin TTM||15.06%|
|Gross profit TTM||$294.3 million|
|Return on assets TTM||7.11%|
|Return on equity TTM||2.96%|
|Market capitalisation||$5 billion|
TTM: trailing 12 months
Shorting Allegro MicroSystems shares
There are currently 1.6 million Allegro MicroSystems shares held short by investors – that's known as Allegro MicroSystems's "short interest". This figure is 14.2% up from 1.4 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)
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 550182.10526316). Allegro MicroSystems's SIR currently stands at 2.85. In other words for every 100,000 Allegro MicroSystems shares traded daily on the market, roughly 2850 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 0.029% of the tradable shares (for every 100,000 tradable Allegro MicroSystems shares, roughly 29 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.
Allegro MicroSystems share dividends
We're not expecting Allegro MicroSystems to pay a dividend over the next 12 months.
You may also wish to consider:
- Intel Corporation (INTC.US) (2.38% forward annual dividend yield)
Allegro MicroSystems overview
Allegro MicroSystems, Inc. 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; and power ICs comprising motor driver ICs, and regulator and LED driver ICs, as well as photonic and 3D sensing components, including photodiodes, eye-safe lasers and rangefinders, and readout ICs for LiDAR applications. 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 incorporated in 1990 and is headquartered in Manchester, New Hampshire. Allegro MicroSystems, Inc.
Stocks similar to Allegro MicroSystems
Allegro MicroSystems in the news
Allegro Microsystems Beats On Q1 Earnings, Posts Robust Segment Results, Issues Strong Q2 Guidance
Allegro MicroSystems Reports First Quarter Results Including Recent Records In Revenue and Profit
Allegro MicroSystems Reports First Quarter Results Including Recent Records In Revenue and Profit
Frequently asked questionsWhat percentage of Allegro MicroSystems is owned by insiders or institutions?
Currently 55.202% of Allegro MicroSystems shares are held by insiders and 42.925% by institutions. How many people work for Allegro MicroSystems?
Latest data suggests 3,874 work at Allegro MicroSystems. When does the fiscal year end for Allegro MicroSystems?
Allegro MicroSystems's fiscal year ends in March. Where is Allegro MicroSystems based?
Allegro MicroSystems's address is: 955 Perimeter Road, Manchester, NH, United States, 03103-3353 What is Allegro MicroSystems's ISIN number?
Allegro MicroSystems's international securities identification number is: US01749D1054
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