Allegro Microsystems Stock Analysis

Allegro Stock Analysis Notes

About 28.0% of the company shares are held by company insiders. The book value of Allegro Microsystems was presently reported as 5.72. The company has Price/Earnings To Growth (PEG) ratio of 1.64. Allegro Microsystems had not issued any dividends in recent years. Allegro MicroSystems, Inc. designs, develops, manufactures, and markets sensor integrated circuits and application-specific analog power ICs for motion control and energy-efficient systems. Allegro MicroSystems, Inc. is a subsidiary of Sanken Electric Co., Ltd. Allegro Microsystems operates under Semiconductors classification in the United States and is traded on NASDAQ Exchange. It employs 4036 people. For more info on Allegro Microsystems please contact Vineet Nargolwala at 603 626 2300 or go to https://www.allegromicro.com/en.

Allegro Microsystems Investment Alerts

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Allegro Largest EPS Surprises

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Allegro Microsystems Environmental, Social, and Governance (ESG) Scores

Allegro Stock Institutional Investors

Note, although Allegro Microsystems' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Allegro Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.26 B.

Allegro Profitablity

The company has Profit Margin (PM) of 0.08 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of (0.06) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.06.

Management Efficiency

Allegro Microsystems has return on total asset (ROA) of 0.0635 % which means that it generated a profit of $0.0635 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0696 %, meaning that it created $0.0696 on every $100 dollars invested by stockholders. Allegro Microsystems' management efficiency ratios could be used to measure how well Allegro Microsystems manages its routine affairs as well as how well it operates its assets and liabilities. As of the 20th of September 2024, Return On Tangible Assets is likely to grow to 0.17. Also, Return On Capital Employed is likely to grow to 0.20. At this time, Allegro Microsystems' Other Assets are very stable compared to the past year. As of the 20th of September 2024, Intangible Assets is likely to grow to about 290.7 M, while Net Tangible Assets are likely to drop about 732 M.

Technical Drivers

As of the 20th of September, Allegro Microsystems shows the Risk Adjusted Performance of (0.03), mean deviation of 2.66, and Standard Deviation of 3.65. Allegro Microsystems technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Allegro Microsystems standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and kurtosis to decide if Allegro Microsystems is priced correctly, providing market reflects its regular price of 23.79 per share. Given that Allegro Microsystems has information ratio of (0.09), we suggest you to validate Allegro Microsystems's prevailing market performance to make sure the company can sustain itself at a future point.

Allegro Microsystems Price Movement Analysis

Allegro Microsystems Insider Trading Activities

Allegro Microsystems Outstanding Bonds

Allegro Microsystems Predictive Daily Indicators

Allegro Microsystems Corporate Filings

Allegro Microsystems Forecast Models

Allegro Microsystems' time-series forecasting models are one of many Allegro Microsystems' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Allegro Microsystems' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Allegro Microsystems prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Allegro shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Allegro Microsystems. By using and applying Allegro Stock analysis, traders can create a robust methodology for identifying Allegro entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Allegro analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Allegro analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Allegro Microsystems stock analysis indicators help investors evaluate how Allegro Microsystems stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Allegro Microsystems shares will generate the highest return on investment. By understating and applying Allegro Microsystems stock analysis, traders can identify Allegro Microsystems position entry and exit signals to maximize returns.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allegro Microsystems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in Allegro Stock, please use our How to Invest in Allegro Microsystems guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allegro Microsystems. If investors know Allegro will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allegro Microsystems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Allegro Microsystems is measured differently than its book value, which is the value of Allegro that is recorded on the company's balance sheet. Investors also form their own opinion of Allegro Microsystems' value that differs from its market value or its book value, called intrinsic value, which is Allegro Microsystems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allegro Microsystems' market value can be influenced by many factors that don't directly affect Allegro Microsystems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Allegro Microsystems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Allegro Microsystems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allegro Microsystems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.