Home » Stocks » ALGM

Allegro MicroSystems, Inc. (ALGM)

Stock Price: $26.39 USD -0.34 (-1.27%)
Updated Apr 19, 2021 10:21 AM EDT - Market open
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

News

Hide News
  • All
  • Videos
  • Press Releases
  • Conversation

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 ...

2 days ago - GlobeNewsWire

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. ...

1 month ago - Benzinga

Sale Demonstrates Continued Execution on Gross Margin Expansion Plan Sale Demonstrates Continued Execution on Gross Margin Expansion Plan

1 month ago - GlobeNewsWire

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...

1 month ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

--End Market Recovery Driving Strong Outlook-- --End Market Recovery Driving Strong Outlook--

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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 months ago - GlobeNewsWire

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...

Other stocks mentioned: CRLBF, WBA
4 months ago - InvestorPlace

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...

4 months ago - GlobeNewsWire

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 &...

4 months ago - GlobeNewsWire

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...

Other stocks mentioned: AVIR, BDSX, GATO, GLTO, LESL, LU, MAX ...
4 months ago - Seeking Alpha

--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...

4 months ago - GlobeNewsWire

--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...

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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.

5 months ago - Seeking Alpha

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
Full Company Profile

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%.

Financial Statements

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.

Price Target
$36.14
(36.95% upside)
Analyst Consensus: Strong Buy