ALLEGRO MICROSYSTEMS INC (ALGM) Stock Price, Quote, News and Overview
NASDAQ:ALGM - Nasdaq - US01749D1054 - Common Stock - Currency: USD
ALGM Quote, Performance and Key Statistics
ALLEGRO MICROSYSTEMS INC
NASDAQ:ALGM (2/4/2025, 8:26:10 PM)
After market: 23.94 0 (0%)23.94
+0.98 (+4.27%)
The current stock price of ALGM is 23.94 USD. In the past month the price increased by 1.01%. In the past year, price decreased by -24.07%.
ALGM Latest News, Press Releases and Analysis
Earnings To Watch: AMD (AMD) Reports Q4 Results Tomorrow
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Allegro MicroSystems Appoints Dr. Krishna Palepu to its Board of Directors
Allegro MicroSystems Appoints Dr. Krishna Palepu to its Board of Directors
MANCHESTER, N.H., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (Nasdaq: ALGM) a global leader in power and sensing...
Allegro MicroSystems’s (NASDAQ:ALGM) Q4 Sales Top Estimates But Stock Drops
Chip designer Allegro MicroSystems (NASDAQ:ALGM) announced better-than-expected revenue in Q4 CY2024, but sales fell by 30.2% year on year to $177.9 million. Guidance for next quarter’s revenue was better than expected at $185 million at the midpoint, 0.7% above analysts’ estimates. Its GAAP loss of $0.04 per share was in line with analysts’ consensus estimates.
Allegro MicroSystems’s (NASDAQ:ALGM) Q4 Sales Top Estimates But Stock Drops
Chip designer Allegro MicroSystems (NASDAQ:ALGM) announced better-than-expected revenue in Q4 CY2024, but sales fell by 30.2% year on year to $177.9 million. Guidance for next quarter’s revenue was better than expected at $185 million at the midpoint, 0.7% above analysts’ estimates. Its GAAP loss of $0.04 per share was in line with analysts’ consensus estimates.
ALGM Competitors/Peers
Symbol | Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| NVDA | NVIDIA CORP | 45.29 | 2905.74B | ||
| TSM | TAIWAN SEMICONDUCTOR-SP ADR | N/A | 1058.31B | ||
| AVGO | BROADCOM INC | 45.77 | 1042.61B | ||
| AMD | ADVANCED MICRO DEVICES | 35.99 | 193.93B | ||
| QCOM | QUALCOMM INC | 16.95 | 192.25B | ||
| ARM | ARM HOLDINGS PLC-ADR | 120.15 | 170.47B | ||
| TXN | TEXAS INSTRUMENTS INC | 34.79 | 164.71B | ||
| ADI | ANALOG DEVICES INC | 32.29 | 102.24B | ||
| MU | MICRON TECHNOLOGY INC | 22.61 | 101.01B | ||
| MRVL | MARVELL TECHNOLOGY INC | 76.71 | 94.91B | ||
| INTC | INTEL CORP | 38.58 | 83.20B | ||
| NXPI | NXP SEMICONDUCTORS NV | 15.49 | 51.44B |
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About ALGM
Company Profile
Allegro MicroSystems, Inc. engages in the development and manufacture of sensor integrated circuits (“ICs”) and application-specific analog power ICs. The company is headquartered in Manchester, New Hampshire and currently employs 4,593 full-time employees. The company went IPO on 2020-10-29. 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 clean energy applications. Through its subsidiary, Crocus Technology, Inc. offers tunnel magnetoresistance (TMR) solutions that provide magnetic sensitivity, lower power consumption, and the smallest size in comparison to other magnetic technologies.
Company Info
ALLEGRO MICROSYSTEMS INC
955 Perimeter Road
Manchester NEW HAMPSHIRE 03103 US
CEO: Ravi Vig
Employees: 4593
Company Website: https://www.allegromicro.com/en
Investor Relations: https://investors.allegromicro.com/
Phone: 16036262300
ALGM FAQ
What is the stock price of ALGM?
The current stock price of ALGM is 23.94 USD.
What is the symbol for ALLEGRO MICROSYSTEMS INC stock?
The exchange symbol of ALLEGRO MICROSYSTEMS INC is ALGM and it is listed on the Nasdaq exchange.
On which exchange is ALGM stock listed?
ALGM stock is listed on the Nasdaq exchange.
Is ALGM a good stock to buy?
Always make your own analysis. On these pages you can find a full technical and fundamental analysis report for ALGM, which may be a starting point for your analysis. You can also find the financials, news, analyst ratings and estimates here, which can be used to increase your understanding of ALGM.
Does ALGM stock pay dividends?
ALGM does not pay a dividend.
What is the Price/Earnings (PE) ratio of ALGM?
The PE ratio for ALGM is 55.67. This is based on the reported non-GAAP earnings per share of 0.43 and the current share price of 23.94 USD.
What is the Short Interest ratio of ALGM stock?
The outstanding short interest for ALGM is 8.79% of its float.
ALGM Technical Analysis
ChartMill assigns a technical rating of 5 / 10 to ALGM. When comparing the yearly performance of all stocks, ALGM is a bad performer in the overall market: 74.47% of all stocks are doing better.
ALGM Fundamental Analysis
ChartMill assigns a fundamental rating of 4 / 10 to ALGM. Both the profitability and the financial health of ALGM get a neutral evaluation. Nothing too spectacular is happening here.
ALGM Financial Highlights
Over the last trailing twelve months ALGM reported a non-GAAP Earnings per Share(EPS) of 0.43. The EPS increased by -70.95% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | N/A | ||
| ROA | -4.53% | ||
| ROE | -7% | ||
| Debt/Equity | 0.4 |
ALGM Ownership and Analysts
ChartMill assigns a Buy % Consensus number of 81% to ALGM. The Buy consensus is the average rating of analysts ratings from 18 analysts.
For the next year, analysts expect an EPS growth of -80.74% and a revenue growth -31.45% for ALGM