Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Allegro MicroSystems stock | $26.68

Own Allegro MicroSystems stock in just a few minutes.

Allegro MicroSystems, Inc (ALGM) is a leading semiconductors business based in the US. It opened the day at $25.83 after a previous close of $25.29. During the day the price has varied from a low of $25.83 to a high of $26.90. The latest price was $26.68 (25 minute delay). Allegro MicroSystems is listed on the NASDAQ and employs 0 staff. All prices are listed in US Dollars.

How to buy shares in Allegro MicroSystems

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – ALGM – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Allegro MicroSystems share price

Use our graph to track the performance of ALGM stocks over time.

Allegro MicroSystems shares at a glance

Information last updated 2021-03-11.
Open$25.83
High$26.90
Low$25.83
Close$26.68
Previous close$25.29
Change $1.39
Change % 5.4962%
Volume 257,828
Information last updated 2021-04-29.
52-week range$14.00 - $34.66
50-day moving average $26.29
200-day moving average $26.74
Wall St. target price$36.14
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) N/A

Buy Allegro MicroSystems shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Stock trade fee Asset types Option trade fee Annual fee Signup bonus
Robinhood
$0
Stocks, Options, ETFs
$0
0%
Free stock (chosen randomly with a value anywhere between $2.50 and $200)
Sign up using the "go to site" link
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Interactive Brokers
$0
Stocks, Bonds, Options, Mutual funds, ETFs, Currencies
$0 + $0.65/contract, $1 minimum
0%
N/A
IBKR Lite offers $0 commissions, and IBKR Pro offers advanced tools for professional traders.
Sofi Invest
$0
Stocks, ETFs, Cryptocurrency
N/A
0%
Get one free stock worth up to $1,000
Open an account
A free way to invest in stocks, ETFs and crypto.
Webull
$0
Stocks, Options, ETFs
$0
0%
Get one free stock valued between $2.50 and $250 when you open an account, one more with a deposit
Open an account
Margin financing rates start at 3.99%. No monthly subscription fees for margin.
Public
$0
Stocks, ETFs
N/A
$0 per month
N/A
loading

Compare up to 4 providers

*Signup bonus information updated weekly.

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

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.

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 EBITDA

Allegro MicroSystems's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $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.

Allegro MicroSystems financials

Revenue TTM $590.7 million
Operating margin TTM 11.83%
Gross profit TTM $261.3 million
Return on assets TTM 0%
Return on equity TTM 0%
Profit margin 3.83%
Book value N/A
Market capitalisation $4.8 billion

TTM: trailing 12 months

Shorting Allegro MicroSystems shares

There are currently 2.7 million Allegro MicroSystems shares held short by investors – that's known as Allegro MicroSystems's "short interest". This figure is 3.4% down from 2.8 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 634651.06888361). Allegro MicroSystems's SIR currently stands at 4.21. In other words for every 100,000 Allegro MicroSystems shares traded daily on the market, roughly 4210 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 0.0885% of the tradable shares (for every 100,000 tradable Allegro MicroSystems shares, roughly 89 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:

Allegro MicroSystems overview

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. .

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site