Allegro MicroSystems, Inc. (ALGM)
| Market Cap | 3.28B |
| Revenue (ttm) | 590.70M |
| Net Income (ttm) | 22.61M |
| Shares Out | 124.36M |
| EPS (ttm) | 2.73 |
| PE Ratio | 9.67 |
| Forward PE | 42.02 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | April 19 |
| Last Price | $26.39 |
| Previous Close | $26.73 |
| Change ($) | -0.34 |
| Change (%) | -1.27% |
| Day's Open | 26.50 |
| Day's Range | 26.37 - 26.73 |
| Day's Volume | 49,549 |
| 52-Week Range | 16.78 - 34.66 |
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 ...
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. ...
Sale Demonstrates Continued Execution on Gross Margin Expansion Plan Sale Demonstrates Continued Execution on Gross Margin Expansion Plan
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...
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...
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...
--End Market Recovery Driving Strong Outlook-- --End Market Recovery Driving Strong Outlook--
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...
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...
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 &...
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...
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...
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 &...
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...
--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...
--Strong Growth and Solid Operating Results-- MANCHESTER, N.H., Nov. 19, 2020 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro” or the “Company”) (Nasdaq:ALGM), a global leader in power and sens...
MANCHESTER, N.H., Nov. 11, 2020 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it will release financial results for the second quarter fiscal year 2020 prior to the marke...
MANCHESTER, N.H., Nov. 04, 2020 (GLOBE NEWSWIRE) -- Allegro MicroSystems, Inc. (“Allegro”), a global leader in sensing and power semiconductor technology, today announced the appointment of Christine Ki...
Allegro MicroSystems has seen a solid public debut. This industrial and automotive semi play looks well positioned, but sees softer margins and slower growth track record than peers.
About ALGM
Allegro MicroSystems is a leading global designer, developer, fabless manufacturer and marketer of sensor ICs and application-specific analog power ICs enabling the most important emerging technologies in the automotive and industrial markets. Allegro Microsystems is a leading supplier of power ICs, and according to Omdia, we are the number one supplier of magnetic sensor ICs driven by our market leadership in the automotive market. Our products are foundational to automotive and industrial electronic systems. Our sensor ICs enable our customer... [Read more...]
| Industry Semiconductors | IPO Date Oct 29, 2020 |
| CEO Ravi Vig | Employees 3,720 |
| Stock Exchange NASDAQ | Ticker Symbol ALGM |
Financial Performance
In 2019, ALGM's revenue was $650.09 million, a decrease of -10.25% compared to the previous year's $724.31 million. Earnings were $36.97 million, a decrease of -56.36%.
Analyst Forecasts
According to 7 analysts, the average rating for ALGM stock is "Strong Buy." The 12-month stock price forecast is 36.14, which is an increase of 36.95% from the latest price.