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28.02
3.78%
-1.10
After Hours:
28.67
0.65
+2.32%
Allegro Microsystems Inc. stock is currently priced at $28.02, with a 24-hour trading volume of 1.60M.
It has seen a -3.78% decreased in the last 24 hours and a -1.82% declined in the past month.
The chart indicates a potential bearish trend, as the stock is below the $29.22 pivot point. If it approaches the $27.68 support level, significant changes may occur.
Previous Close:
$29.12
Open:
$28.58
24h Volume:
1.60M
Market Cap:
$5.43B
Revenue:
$1.05B
Net Income/Loss:
$152.70M
P/E Ratio:
21.52
EPS:
1.3021
Net Cash Flow:
$56.94M
1W Performance:
-4.66%
1M Performance:
-1.82%
6M Performance:
-9.17%
1Y Performance:
-31.05%
1D Range:
$27.89
$28.91
52W Range:
$23.64
$53.05
Allegro Microsystems Inc. Stock (ALGM) Company Profile
Name
Allegro Microsystems Inc.
Sector
Industry
Phone
603 626 2300
Address
955 Perimeter Road, Manchester
Allegro Microsystems Inc. Stock (ALGM) Upgrades & Downgrades
| Date | Action | Analyst | Rating Change |
|---|---|---|---|
| Feb-02-24 | Reiterated | TD Cowen | Outperform |
| Feb-02-24 | Upgrade | Wolfe Research | Peer Perform → Outperform |
| Sep-29-23 | Initiated | BofA Securities | Neutral |
| Jul-20-23 | Initiated | Wolfe Research | Peer Perform |
| May-25-22 | Initiated | Cowen | Outperform |
| Jun-30-21 | Initiated | William Blair | Outperform |
| Nov-23-20 | Initiated | Credit Suisse | Outperform |
| Nov-23-20 | Initiated | Jefferies | Buy |
| Nov-23-20 | Initiated | Mizuho | Buy |
| Nov-23-20 | Initiated | Needham | Buy |
View All
Allegro Microsystems Inc. Stock (ALGM) Latest News
Allegro Microsystems Inc.'s results are impressive – US Post News - US Post News
US Post News
We Think Allegro MicroSystems (NASDAQ:ALGM) Can Stay On Top Of Its Debt - Simply Wall St
Simply Wall St
7 Analysts Have This To Say About Allegro Microsystems - Markets Insider
Markets Insider
TD Cowen Boosts Allegro MicroSystems (NASDAQ:ALGM) Price Target to $35.00 - MarketBeat
MarketBeat
Market Insights: Allegro Microsystems Inc. (ALGM)'s Notable Gain of 2.07, Closing at 29.59 – DWinneX - The Dwinnex
The Dwinnex
Understanding the Risks of Investing in Allegro Microsystems Inc. (ALGM) – Knox Daily - Knox Daily
Knox Daily
Allegro Microsystems Inc. Stock (ALGM) Financials Data
Allegro Microsystems Inc. (ALGM) Revenue 2024
ALGM reported a revenue (TTM) of $1.05 billion for the quarter ending March 31, 2024, a +7.78% rise year-over-year.
Allegro Microsystems Inc. (ALGM) Net Income 2024
ALGM net income (TTM) was $152.70 million for the quarter ending March 31, 2024, a -18.50% decrease year-over-year.
Allegro Microsystems Inc. (ALGM) Cash Flow 2024
ALGM recorded a free cash flow (TTM) of $56.94 million for the quarter ending March 31, 2024, a -49.80% decrease year-over-year.
Allegro Microsystems Inc. (ALGM) Earnings per Share 2024
ALGM earnings per share (TTM) was $0.7821 for the quarter ending March 31, 2024, a -18.81% decline year-over-year.
About Allegro Microsystems Inc.
Allegro MicroSystems, Inc. designs, develops, manufactures, and markets sensor ICs and application-specific analog power ICs for motion control and energy-efficient systems in automotive and industrial markets. Its products include magnetic sensor ICs, such as position, speed, and current sensor ICs; Power ICs comprising motor driver ICs, and regulator and LED driver ICs, as well as photonic and 3D sensing components for LiDAR applications. The company sells its products to OEMs and suppliers primarily in the automotive and industrial markets through its direct sales force, distributors, and independent sales representatives. It operates in 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.
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