Allegro MicroSystems/ALGM

$26.40

-0.04%
-
1D1W1MYTD1YMAX

About Allegro MicroSystems

Allegro MicroSystems, Inc. is a global designer, developer, fabless manufacturer, and marketer of sensor integrated circuits (ICs) and application-specific analog power ICs. The Company is a supplier of magnetic sensor IC solutions in the automotive market. Its sensor ICs enable its customers to precisely measure motion, speed, position and current, while its power ICs include high-temperature and high-voltage capable motor drivers, power management ICs, light-emitting diode driver ICs and isolated gate drivers. Its diverse product portfolio provides solutions for the electrification of vehicles, automotive advanced driver assistance systems (ADAS) safety features, automation for Industry 4.0 and power saving technologies for data centers and green energy applications. The Company, through its subsidiary, Crocus Technology, Inc. offers advanced Tunnel Magnetoresistance (TMR) sensor technology solutions to designers and manufacturers of industrial, automotive and consumer electronics.

Ticker

ALGM

Sector

Technology

Trading on

NASDAQ

Industry

Semiconductors

CEO

Vineet Nargolwala

Employees

4,687

Headquarters

Manchester, United States

ALGM Metrics

BasicAdvanced
$5.25B
Market cap
23.91
P/E ratio
$1.14
EPS
1.77
Beta
-
Dividend rate
$5.25B
1.76581
$53.05
$24.66
1.74M
4.572
3.195
22.082
22.431
36.503
16.76%
21.88%
18.58%
23.908
4.868
4.626
8.388
69.262
19.21%
45.39%
14.41%
70.5%

What the Analysts think about ALGM

Analyst Ratings

Majority rating from 8 analysts.
Buy

Price Targets

Average projection from 8 analysts.
45.83% upside
High $45.00
Low $35.00
$26.40
Current price
$38.50
Average price target

ALGM Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
13.06% profit margin
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$254.9M
-7.48%
Net income
$33.3M
-49.24%
Profit margin
13.06%
-45.15%

ALGM Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 11.06%
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$0.37
$0.39
$0.40
$0.32
-
Expected
$0.36
$0.37
$0.37
$0.29
$0.21
Surprise
2.73%
5.55%
8.11%
11.06%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Allegro MicroSystems stock?

Allegro MicroSystems (ALGM) has a market cap of $5.25B as of April 20, 2024.

What is the P/E ratio for Allegro MicroSystems stock?

The price to earnings (P/E) ratio for Allegro MicroSystems (ALGM) stock is 23.91 as of April 20, 2024.

Does Allegro MicroSystems stock pay dividends?

No, Allegro MicroSystems (ALGM) stock does not pay dividends to its shareholders as of April 20, 2024.

When is the next Allegro MicroSystems dividend payment date?

Allegro MicroSystems (ALGM) stock does not pay dividends to its shareholders.

What is the beta indicator for Allegro MicroSystems?

Allegro MicroSystems (ALGM) has a beta rating of 1.77. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Allegro MicroSystems stock price target?

The target price for Allegro MicroSystems (ALGM) stock is $38.5, which is 47.57% above the current price of $26.09. This is an average based on projections from 8 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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