Allegro Stock Analysis

ALGM
 Stock
  

USD 29.65  1.50  4.82%   

The new price hike of Allegro MicrosystemsInc could raise concerns from stakeholders as the firm is trading at a share price of 29.65 on 1,170,331 in volume. The company executives may have good odds in positioning the firm resources to exploit market volatility in January. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.65. The current volatility is consistent with the ongoing market swings in November 2022 as well as with Allegro MicrosystemsInc unsystematic, company-specific events.
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The Allegro MicrosystemsInc stock analysis report makes it easy to digest most publicly released information about Allegro MicrosystemsInc and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Allegro Stock analysis module also helps to analyze the Allegro MicrosystemsInc price relationship with some important fundamental indicators such as market cap and management efficiency.

Allegro Stock Analysis Notes

About 54.0% of the company shares are held by company insiders. 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 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.
About 54.0% of the company shares are held by company insiders

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.
Upcoming Quarterly Report28th of October 2021
Next Fiscal Quarter End30th of September 2021
Next Fiscal Year End4th of May 2022
Last Quarter Report30th of June 2021
Last Financial Announcement30th of September 2020

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
2021-09-300.180.20.0211 
2021-07-29
2021-06-300.160.180.0212 
2022-10-27
2022-09-300.260.310.0519 
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Allegro MicrosystemsInc SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Allegro MicrosystemsInc prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Allegro MicrosystemsInc investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Allegro MicrosystemsInc specific information freely available to individual and institutional investors to make a timely investment decision.
1st of September 2022
Financial Statements and Exhibits. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
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5th of August 2022
Financial Statements and Exhibits. Submission of Matters to a Vote of Security Holders
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28th of July 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
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21st of June 2022
Financial Statements and Exhibits. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Entry into a Material Definitive Agreement
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10th of June 2022
Financial Statements and Exhibits. Changes in Registrant's Certifying Accountant
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9th of May 2022
Financial Statements and Exhibits. Regulation FD Disclosure. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Results of Operations and Financial Condition
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10th of February 2022
Unclassified Corporate Event
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Allegro Market Capitalization

The company currently falls under 'Mid-Cap' category with current market capitalization of 5.96 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 these 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 0.14 %, 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 0.17 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.0.

Management Efficiency

The entity has return on total asset (ROA) of 0.1009 % which means that it generated profit of $0.1009 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of 0.1624 %, meaning that it created $0.1624 on every $100 dollars invested by stockholders. Allegro MicrosystemsInc 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.

Technical Drivers

As of the 2nd of December, Allegro MicrosystemsInc shows the Mean Deviation of 2.13, risk adjusted performance of 0.2545, and Downside Deviation of 2.57. 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 nineteen technical drivers for Allegro MicrosystemsInc, which can be compared to its rivals. Please confirm Allegro MicrosystemsInc information ratio, as well as the relationship between the value at risk and expected short fall to decide if Allegro MicrosystemsInc is priced correctly, providing market reflects its regular price of 29.65 per share. Given that Allegro MicrosystemsInc has jensen alpha of 0.2895, 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 twenty-three with a total number of output elements of thirty-eight. The Triangular Moving Average shows Allegro MicrosystemsInc double smoothed mean price over a specified number of previous prices (i.e., averaged twice).
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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.

Allegro MicrosystemsInc Technical and Predictive Indicators

Allegro MicrosystemsInc Forecast Models

Allegro MicrosystemsInc time-series forecasting models is one of many Allegro MicrosystemsInc's stock analysis techniquest aimed to predict 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.
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.

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 PriceAdvice# of Analysts
39.0Buy5Odds
Allegro MicrosystemsInc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
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 Analyst Advice Details

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 Flow203875000.00
Logo U R LimglogosUSALGM.png
Common Stock Shares Outstanding191811205.00
Total Stockholder Equity734207000.00
DescriptionAllegro MicroSystems, Inc. designs, develops, manufactures, and markets sensor integrated circuits and application-specific analog power ICs for motion control and energy-efficient systems. Its
Total Cashflows From Investing Activities-66271000.00
Tax Provision21191000.00
Quarterly Earnings Growth Y O Y0.529
Property Plant And Equipment Net226077000.00
Retained Earnings122958000.00
Cash And Short Term Investments282383000.00
Retained Earnings Total Equity122958000.00
Cash282383000.00
CodeALGM
Accounts Payable29836000.00
Net Debt-240929000.00
50 Day M A24.867
Total Current Liabilities104223000.00
Currency CodeUSD
Other Operating Expenses634024000.00
Non Current Assets Total380928000.00
Forward Price Earnings28.9017
Common Stock Total Equity1905000.00
Non Currrent Assets Other40888000.00
Please continue to Trending Equities. 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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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When running Allegro MicrosystemsInc 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 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 YOY
0.53
Market Capitalization
B
Quarterly Revenue Growth YOY
0.23
Return On Assets
0.1
Return On Equity
0.16
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 Allegro MicrosystemsInc value 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.