Allegro Microsystemsinc Stock Analysis
| ALGM Stock | USD 28.77 2.20 8.28% |
Allegro MicrosystemsInc is undervalued with Real Value of 34.25 and Target Price of 50.57. The main objective of Allegro MicrosystemsInc stock analysis is to determine its intrinsic value, which is an estimate of what Allegro MicrosystemsInc is worth, separate from its market price. There are two main types of Allegro MicrosystemsInc's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Allegro MicrosystemsInc's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Allegro MicrosystemsInc's stock to identify patterns and trends that may indicate its future price movements.
The Allegro MicrosystemsInc stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Allegro MicrosystemsInc is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Allegro Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Allegro MicrosystemsInc's ongoing operational relationships across important fundamental and technical indicators.
Allegro |
Allegro Stock Analysis Notes
About 52.0% of the company shares are held by company insiders. The book value of Allegro MicrosystemsInc was presently reported as 5.88. The company has Price/Earnings To Growth (PEG) ratio of 1.64. Allegro MicrosystemsInc had not issued any dividends in recent years. Allegro MicroSystems, Inc. designs, develops, manufactures, and markets sensor integrated circuits and application-specific analog power ICs for motion control and energy-efficient systems. Allegro MicroSystems, Inc. is a subsidiary of Sanken Electric Co., Ltd. Allegro Microsystems operates under Semiconductors classification in the United States and is traded on NASDAQ Exchange. It employs 4036 people. For more info on Allegro MicrosystemsInc please contact Vineet Nargolwala at 603 626 2300 or go to https://www.allegromicro.com/en.Allegro MicrosystemsInc Quarterly Total Revenue |
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Allegro MicrosystemsInc Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Allegro MicrosystemsInc's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Allegro MicrosystemsInc or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| Allegro MicrosystemsInc had very high historical volatility over the last 90 days | |
| About 52.0% of the company shares are held by company insiders | |
| Latest headline from bizjournals.com: Armis acquires Santa Clara cybersecurity startup for 150 million |
Allegro MicrosystemsInc Upcoming and Recent Events
Earnings reports are used by Allegro MicrosystemsInc to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Allegro MicrosystemsInc previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 1st of February 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 8th of May 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of March 2023 Last Financial Announcement | View |
Allegro Largest EPS Surprises
Earnings surprises can significantly impact Allegro MicrosystemsInc's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2021-10-28 | 2021-09-30 | 0.18 | 0.2 | 0.02 | 11 | ||
2021-07-29 | 2021-06-30 | 0.16 | 0.18 | 0.02 | 12 | ||
2024-02-01 | 2023-12-31 | 0.29 | 0.32 | 0.03 | 10 |
Allegro Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Allegro MicrosystemsInc is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Allegro MicrosystemsInc backward and forwards among themselves. Allegro MicrosystemsInc's institutional investor refers to the entity that pools money to purchase Allegro MicrosystemsInc's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | T. Rowe Price Investment Management,inc. | 2023-12-31 | 1.7 M | Artisan Partners Limited Partnership | 2023-12-31 | 1.6 M | Woodline Partners Lp | 2023-12-31 | 1.5 M | Geode Capital Management, Llc | 2023-12-31 | 1.3 M | Manufacturers Life Insurance Co | 2023-12-31 | 1.2 M | First Trust Advisors L.p. | 2023-12-31 | 1.2 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.1 M | Macquarie Group Ltd | 2023-12-31 | 1.1 M | Massachusetts Financial Services Company | 2023-12-31 | 1.1 M | Oep Capital Advisors, L.p. | 2023-12-31 | 12.6 M | Fmr Inc | 2023-12-31 | 10.5 M |
Allegro Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.13 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Allegro MicrosystemsInc's market, we take the total number of its shares issued and multiply it by Allegro MicrosystemsInc's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Allegro Profitablity
Allegro MicrosystemsInc's profitability indicators refer to fundamental financial ratios that showcase Allegro MicrosystemsInc's ability to generate income relative to its revenue or operating costs. If, let's say, Allegro MicrosystemsInc is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Allegro MicrosystemsInc's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Allegro MicrosystemsInc's profitability requires more research than a typical breakdown of Allegro MicrosystemsInc's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.21 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.14 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.14. | Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.15 | 0.08 | |
| Return On Capital Employed | 0.18 | 0.10 | |
| Return On Assets | 0.14 | 0.08 | |
| Return On Equity | 0.17 | 0.1 |
Management Efficiency
Allegro MicrosystemsInc has return on total asset (ROA) of 0.1118 % which means that it generated a profit of $0.1118 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2187 %, meaning that it created $0.2187 on every $100 dollars invested by stockholders. Allegro MicrosystemsInc's management efficiency ratios could be used to measure how well Allegro MicrosystemsInc manages its routine affairs as well as how well it operates its assets and liabilities. As of the 25th of April 2024, Return On Tangible Assets is likely to drop to 0.08. In addition to that, Return On Capital Employed is likely to drop to 0.10. At this time, Allegro MicrosystemsInc's Non Currrent Assets Other are very stable compared to the past year. As of the 25th of April 2024, Other Assets is likely to grow to about 130.5 M, while Net Tangible Assets are likely to drop about 732 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 4.55 | 2.96 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 4.17 | 2.77 | |
| Enterprise Value Over EBITDA | 31.51 | 29.14 | |
| Price Book Value Ratio | 8.55 | 5.78 | |
| Enterprise Value Multiple | 31.51 | 29.14 | |
| Price Fair Value | 8.55 | 5.78 | |
| Enterprise Value | 8 B | 4 B |
The analysis of Allegro MicrosystemsInc's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Allegro MicrosystemsInc's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Allegro Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 1.815 |
Technical Drivers
As of the 25th of April, Allegro MicrosystemsInc shows the Standard Deviation of 2.89, risk adjusted performance of (0), and Mean Deviation of 2.16. Allegro MicrosystemsInc technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for Allegro MicrosystemsInc, which can be compared to its peers. Please confirm Allegro MicrosystemsInc standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and kurtosis to decide if Allegro MicrosystemsInc is priced correctly, providing market reflects its regular price of 28.77 per share. Given that Allegro MicrosystemsInc has information ratio of (0.05), we suggest you to validate Allegro MicrosystemsInc's prevailing market performance to make sure the company can sustain itself at a future point.Allegro MicrosystemsInc Price Movement Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Allegro MicrosystemsInc middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Allegro MicrosystemsInc. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Allegro MicrosystemsInc Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Allegro MicrosystemsInc insiders, such as employees or executives, is commonly permitted as long as it does not rely on Allegro MicrosystemsInc's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Allegro MicrosystemsInc insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Vig Ravi over a month ago Allegro MicrosystemsInc exotic insider transaction detected | ||
Webster Roald Graham over six months ago Acquisition by Webster Roald Graham of 3626 shares of Allegro MicrosystemsInc subject to Rule 16b-3 | ||
Webster Roald Graham over a year ago Allegro MicrosystemsInc exotic insider transaction detected |
Allegro MicrosystemsInc Predictive Daily Indicators
Allegro MicrosystemsInc intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Allegro MicrosystemsInc stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Allegro MicrosystemsInc Corporate Filings
8K | 3rd of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 11th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 4th of March 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 15th of February 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 9th of February 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
10Q | 6th of February 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 1st of February 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 30th of January 2024 An amended filing to the original Schedule 13G | ViewVerify |
Allegro MicrosystemsInc Forecast Models
Allegro MicrosystemsInc's time-series forecasting models are one of many Allegro MicrosystemsInc's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Allegro MicrosystemsInc's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Allegro Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Allegro MicrosystemsInc prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Allegro shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Allegro MicrosystemsInc. By using and applying Allegro Stock analysis, traders can create a robust methodology for identifying Allegro entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | 0.20 | 0.21 | |
| Operating Profit Margin | 0.19 | 0.10 | |
| Net Profit Margin | 0.17 | 0.09 | |
| Gross Profit Margin | 0.50 | 0.38 |
Current Allegro Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Allegro analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Allegro analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
| Target Price | Advice | # of Analysts | |
| 50.57 | Strong Buy | 9 | Odds |
Most Allegro analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Allegro stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Allegro MicrosystemsInc, talking to its executives and customers, or listening to Allegro conference calls.
Allegro Stock Analysis Indicators
Allegro MicrosystemsInc stock analysis indicators help investors evaluate how Allegro MicrosystemsInc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Allegro MicrosystemsInc shares will generate the highest return on investment. By understating and applying Allegro MicrosystemsInc stock analysis, traders can identify Allegro MicrosystemsInc position entry and exit signals to maximize returns.
| Begin Period Cash Flow | 289.8 M | |
| Total Stockholder Equity | 965.6 M | |
| Capital Lease Obligations | 17.5 M | |
| Property Plant And Equipment Net | 280 M | |
| Cash And Short Term Investments | 351.6 M | |
| Cash | 351.6 M | |
| 50 Day M A | 28.6798 | |
| Net Interest Income | -612 K | |
| Total Current Liabilities | 165.3 M | |
| Forward Price Earnings | 34.8432 | |
| Common Stock Total Equity | 1.9 M | |
| Stock Based Compensation | 61.8 M | |
| Long Term Debt | 25 M | |
| Common Stock Shares Outstanding | 193.7 M | |
| Total Cashflows From Investing Activities | -99.7 M | |
| Tax Provision | 23.9 M | |
| Quarterly Earnings Growth Y O Y | -0.485 | |
| Accounts Payable | 56.3 M | |
| Net Debt | -309 M | |
| Other Operating Expenses | 773.1 M | |
| Non Current Assets Total | 515.3 M | |
| Liabilities And Stockholders Equity | 1.2 B | |
| Non Currrent Assets Other | 77.7 M |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allegro MicrosystemsInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. To learn how to invest in Allegro Stock, please use our How to Invest in Allegro MicrosystemsInc guide.Note that the Allegro MicrosystemsInc information on this page should be used as a complementary analysis to other Allegro MicrosystemsInc's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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When running Allegro MicrosystemsInc's price analysis, check to measure Allegro MicrosystemsInc's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Allegro MicrosystemsInc is operating at the current time. Most of Allegro MicrosystemsInc's value examination focuses on studying past and present price action to predict the probability of Allegro MicrosystemsInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allegro MicrosystemsInc's price. Additionally, you may evaluate how the addition of Allegro MicrosystemsInc to your portfolios can decrease your overall portfolio volatility.
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Is Allegro MicrosystemsInc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allegro MicrosystemsInc. If investors know Allegro will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allegro MicrosystemsInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.48) | Earnings Share 1.14 | Revenue Per Share 5.611 | Quarterly Revenue Growth 0.025 | Return On Assets 0.1118 |
The market value of Allegro MicrosystemsInc is measured differently than its book value, which is the value of Allegro that is recorded on the company's balance sheet. Investors also form their own opinion of Allegro MicrosystemsInc's value that differs from its market value or its book value, called intrinsic value, which is Allegro MicrosystemsInc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allegro MicrosystemsInc's market value can be influenced by many factors that don't directly affect Allegro MicrosystemsInc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Allegro MicrosystemsInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allegro MicrosystemsInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allegro MicrosystemsInc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.