Allegro MicroSystems, Inc. (ALGM)
| Market Cap | 6.64B |
| Revenue (ttm) | 664.35M |
| Net Income (ttm) | 40.80M |
| Shares Out | 189.65M |
| EPS (ttm) | 0.18 |
| PE Ratio | 193.02 |
| Forward PE | 49.02 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,722,852 |
| Open | 35.74 |
| Previous Close | 35.74 |
| Day's Range | 34.50 - 35.74 |
| 52-Week Range | 16.78 - 36.85 |
| Beta | n/a |
| Analysts | Strong Buy |
| Price Target | 35.71 (+3.4%) |
| Est. Earnings Date | Oct 28, 2021 |
About ALGM
Allegro MicroSystems, Inc. designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific analog power ICs for motion control and energy-efficient systems. Its products include magnetic sensor ICs, such as position, speed, and current sensor ICs; and power ICs comprising motor driver ICs, and regulator and LED driver ICs, as well as photonic and 3D sensing components, including photodiodes, eye-safe lasers and rangefinders, and readout ICs for LiDAR applications. The company sells its products to original...
Financial Performance
In 2020, ALGM's revenue was $591.21 million, a decrease of -9.06% compared to the previous year's $650.09 million. Earnings were $17.95 million, a decrease of -51.44%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for ALGM stock is "Strong Buy." The 12-month stock price forecast is 35.71, which is an increase of 3.36% from the latest price.
News
Allegro MicroSystems Finalizes Sale of Thailand Manufacturing Facility
Transaction Signifies Major Milestone in Strategy to Streamline Back-End Operations Transaction Signifies Major Milestone in Strategy to Streamline Back-End Operations
Allegro Microsystems Beats On Q1 Earnings, Posts Robust Segment Results, Issues Strong Q2 Guidance
Allegro Microsystems Inc (NASDAQ: ALGM) reported first-quarter FY22 net sales growth of 64% year-on-year to $188.1 million, beating the analyst consensus of $177.6 million. Net sales from Automotive ros...
Allegro MicroSystems Reports First Quarter Results Including Recent Records In Revenue and Profit
ADAS and xEV Demand Acceleration and Design Win Momentum Support Strong Growth and Margin Expansion ADAS and xEV Demand Acceleration and Design Win Momentum Support Strong Growth and Margin Expansion
Allegro MicroSystems, Inc. to Announce First Quarter Fiscal Year 2022 Financial Results on Thursday, July 29, 2021
MANCHESTER, N.H., July 15, 2021 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it will release financial results for the first quarter fiscal year 2022 prior to the market...
Allegro's New GMR Gear Tooth Speed Sensor Gives Transmission Designers More Options Than Ever Before
Industry-leading air gap enables increased reliability, efficiency, and design flexibility Industry-leading air gap enables increased reliability, efficiency, and design flexibility
How Allegro MicroSystems (ALGM) Stock Stands Out in a Strong Industry
Allegro MicroSystems (ALGM) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
David J. Aldrich Joins the Allegro MicroSystems Board of Directors
MANCHESTER, N.H., May 25, 2021 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”), a global leader in sensing and power semiconductor technology, today announced the appointment of David J. Aldr...
Allegro's New 3DMAG Magnetic Position Sensor Enables Next-Generation ADAS Applications
A31315 sensor delivers the accuracy and performance needed to meet stringent ASIL-D requirements of safety-critical automotive applications A31315 sensor delivers the accuracy and performance needed to ...
Allegro MicroSystems to Present at Upcoming Investor Conferences
MANCHESTER, N.H., May 13, 2021 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (NASDAQ: ALGM), a global leader in sensing and power semiconductor technology, announced today President & Chief...
Allegro MicroSystems Reports Fourth Quarter Record Revenue and Accelerating Profits
Market Share Gain and End Market Recovery Driving Confidence in Long-term Outlook Market Share Gain and End Market Recovery Driving Confidence in Long-term Outlook
Allegro MicroSystems, Inc. to Announce Fourth Quarter and Fiscal Year 2021 Financial Results on Wednesday, May 5, 2021
MANCHESTER, N.H., April 16, 2021 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it will release financial results for the fourth quarter and fiscal year 2021 prior to the ...
Allegro Microsystems To Divest Thailand Manufacturing Facility For $30M
Sensing and power semiconductor technology provider Allegro Microsystems Inc (NASDAQ: ALGM) inked an agreement to divest its Thailand manufacturing facility to an undisclosed purchaser for $30 million. ...
Allegro MicroSystems Announces Sale of Thailand Manufacturing Facility
Sale Demonstrates Continued Execution on Gross Margin Expansion Plan Sale Demonstrates Continued Execution on Gross Margin Expansion Plan
Allegro Introduces Sensor Interface IC Offering High Accuracy and Output Flexibility for Resistive Bridge Pressure Se...
The A17700 delivers fast, reliable, and flexible output with top-of-the-line signal conditioning algorithms for automotive and industrial pressure sensing applications. The A17700 delivers fast, reliabl...
Allegro MicroSystems Announces Pricing of Public Offering By Selling Stockholders
MANCHESTER, N.H., Feb. 05, 2021 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”), a global leader in sensing and power semiconductor technology, announced today the pricing of a public offerin...
Allegro MicroSystems Launches Public Offering By Selling Stockholders
MANCHESTER, N.H., Feb. 02, 2021 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”), a global leader in sensing and power semiconductor technology, announced today the launch of a public offering...
Allegro MicroSystems Announces Results for the Third Fiscal Quarter Ended December 25, 2020
--End Market Recovery Driving Strong Outlook-- --End Market Recovery Driving Strong Outlook--
Allegro MicroSystems, Inc. Announces Earnings Call Time Change; Third Quarter 2021 Earnings Call to Occur on February...
MANCHESTER, N.H., Jan. 26, 2021 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced that it has changed the timing of its previously announced earnings conference call. The Com...
Allegro MicroSystems, Inc. to Announce Third Quarter Fiscal Year 2021 Financial Results on Tuesday, February 2, 2021
Manchester, N.H., Jan. 15, 2021 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it will release financial results for the third quarter fiscal year 2021 prior to the market...
Allegro MicroSystems to Participate in the 23rd Annual Needham Growth Conference
MANCHESTER, N.H., Jan. 04, 2021 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (NASDAQ: ALGM), a global leader in sensing and power semiconductor technology, announced today that President &...
3 New Stocks to Buy That Will Keep Surging in 2021
These new stocks to buy belong to companies with massive growth potential and are likely to breakthrough with improved sentiment next year. The post 3 New Stocks to Buy That Will Keep Surging in 2021 ap...
Allegro MicroSystems to Participate in Barclays Investor Conference
MANCHESTER, N.H., Dec. 02, 2020 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (NASDAQ: ALGM), a global leader in sensing and power semiconductor technology, announced today President & Chie...
Allegro MicroSystems to Participate in Wells Fargo and Credit Suisse Investor Conferences
MANCHESTER, N.H., Nov. 24, 2020 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”) (NASDAQ: ALGM), a global leader in sensing and power semiconductor technology, announced today that President &...
U.S. IPO Week Ahead: The IPO Market Takes A Break During The Shortened Holiday Week
The IPO market is taking a break during the shortened Thanksgiving week, with just one IPO and two SPACs scheduled to raise $900 million. Russian e-commerce company Ozon Holdings plans to raise $750 mil...
CORRECTION – Allegro MicroSystems Announces Results for the Second Fiscal Quarter Ended September 25, 2020
--Strong Growth and Solid Operating Results-- MANCHESTER, N.H., Nov. 19, 2020 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Allegro MicroSystems, Inc. (Nasdaq:ALGM), p...