Allegro MicroSystems, Inc. (ALGM)

Market Cap	6.24B
Revenue (ttm)	842.34M
Net Income (ttm)	119.41M
Shares Out	191.28M
EPS (ttm)	0.62
PE Ratio	52.39
Forward PE	25.19
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,362,796
Open	32.35
Previous Close	32.6
Day's Range	32.03 - 32.98
52-Week Range	19.2 - 38.28
Beta	1.73
Analysts	Buy
Price Target	31.62 (-2.6%)
Earnings Date	Oct 27, 2022

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; power ICs comprising motor driver ICs, and regulator and LED driver ICs; and photonic and 3D sensing components, including photodiodes, eye-safe lasers, and readout ICs for LiDAR applications. The company sells its products to original equipment manufacturers and...

• Industry: Semiconductors & Semiconductor Equipment
• IPO Date: Oct 29, 2020
• Employees: 4,036
• Stock Exchange: NASDAQ
• Ticker Symbol: ALGM

Financial Performance

In 2021, ALGM's revenue was $768.67 million, an increase of 30.02% compared to the previous year's $591.21 million. Earnings were $119.41 million, an increase of 565.11%.

Analyst Forecast

According to 15 analysts, the average rating for ALGM stock is "Buy." The 12-month stock price forecast is 31.62, which is a decrease of -2.65% from the latest price.

Price Target

$31.62

(-2.65% downside)

Analyst Consensus: Buy