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How to buy Allegro Microsystems Inc (ALGM) stocks

Learn how to easily invest in Allegro Microsystems Inc stocks.

Allegro Microsystems Inc is a semiconductors business based in the US. Allegro Microsystems Inc stocks (ALGM.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $27.09 – an increase of 5% over the previous week. Allegro Microsystems Inc employs 0 staff and has a trailing 12-month revenue of around $973.7 million.

How to buy Allegro Microsystems Inc stock

  1. Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – ALGM. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

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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

Information last updated 2023-05-28.
Latest market close$39.49
52-week range$19.20 - $48.72
50-day moving average $41.69
200-day moving average $33.32
Wall St. target price$48.57
PE ratio 39.73
Dividend yield $0 (0%)
Earnings per share (TTM) $1.00

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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.

Allegro Microsystems Inc price performance over time

Historical closes compared with the close of $39.49 from 2023-06-01

1 week (2023-05-26) -0.60%
1 month (2023-05-02) 5.22%
3 months (2023-03-02) -10.62%
6 months (2022-12-02) 25.37%
1 year (2022-06-02) 53.54%
2 years (2021-06-02) 48.18%
3 years (2020-05-29) N/A
5 years (2018-05-29) 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 financials

Revenue TTM $973.7 million
Operating margin TTM 21.41%
Gross profit TTM $411.8 million
Return on assets TTM 12.57%
Return on equity TTM 22.03%
Profit margin 19.24%
Book value $5.04
Market capitalisation $7.6 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.

Allegro Microsystems Inc share price volatility

Over the last 12 months, Allegro Microsystems Inc's shares have ranged in value from as little as $19.202 up to $48.72. A popular way to gauge a stock's volatility is its "beta".

ALGM.US volatility(beta: 1.69)Avg. volatility(beta: 1.00)LowHigh

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 1.6909. 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).

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.

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