23.30

4.15% -1.01

After Hours: 23.15 -0.15 -0.64%

Allegro Microsystems Inc (ALGM)

Overview News Price History Option Chain Financials Why ALGM Down? Discussions Forecast

Allegro Microsystems Inc stock is traded at $23.30, with a volume of 2.39M. It is down -4.15% in the last 24 hours and down -5.01% over the past month. Allegro Microsystems Inc is a designer, developer, fabless manufacturer, and marketer of sensor ICs and application-specific analog power ICs for automotive and industrial markets. Its Sensor IC allows customers to precisely measure motion, speed, position, and current, and Power ICs include high-temperature and high-voltage capable motor drivers, power management, and LED driver ICs. Its products are divided into three categories such as SENSE which includes Current Sensors, Switches and Latches, and Interface ICs among others; REGULATE which includes Regulators, ClearPower Modules, and LED Drivers; and DRIVE which includes BLDC Drivers, Brush DC, and others. Key revenue for the company is generated from Greater China and the rest from the United States, Japan, Europe, and other regions.

Previous Close:

$24.31

Open:

$23.98

24h Volume:

2.39M

Relative Volume:

0.95

Market Cap:

$4.27B

Revenue:

$1.05B

Net Income/Loss:

$152.70M

P/E Ratio:

17.89

EPS:

1.3021

Net Cash Flow:

$56.94M

1W Performance:

+5.53%

1M Performance:

-5.01%

6M Performance:

-13.58%

1Y Performance:

-27.05%

1-Day Range:

$23.01

$24.27

1-Week Range:

$22.21

$24.75

52-Week Range:

$20.42

$33.26

Allegro Microsystems Inc Stock (ALGM) Company Profile

Name

Allegro Microsystems Inc

Sector

Technology (790)

Industry

Semiconductors (66)

Phone

(603) 626-2300

Address

955 PERIMETER ROAD, MANCHESTER

Employee

4,593

Twitter

Next Earnings Date

2024-08-01

Latest SEC Filings

ALGM's Discussions on Twitter

Allegro Microsystems Inc Stock (ALGM) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Feb-02-24	Reiterated	TD Cowen	Outperform
Feb-02-24	Upgrade	Wolfe Research	Peer Perform → Outperform
Sep-29-23	Initiated	BofA Securities	Neutral
Jul-20-23	Initiated	Wolfe Research	Peer Perform
May-25-22	Initiated	Cowen	Outperform
Jun-30-21	Initiated	William Blair	Outperform
Nov-23-20	Initiated	Credit Suisse	Outperform
Nov-23-20	Initiated	Jefferies	Buy
Nov-23-20	Initiated	Mizuho	Buy
Nov-23-20	Initiated	Needham	Buy

View All

Allegro Microsystems Inc Stock (ALGM) Latest News

07:44 AM

81,400 Shares in Allegro MicroSystems, Inc. (NASDAQ:ALGM) Bought by Ecofi Investissements SA - MarketBeat

07:44 AM

06:27 AM

Allegro MicroSystems: Improving Governance And Value After Repurchase (NASDAQ:ALGM) - Seeking Alpha

06:27 AM

Sep 29, 2024

Allegro MicroSystems Stock: Several Hurdles Stand In The Way (NASDAQ:ALGM) - Seeking Alpha

Sep 29, 2024

The Manufacturers Life Insurance Company Acquires 285,747 Shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM) - MarketBeat

Sep 29, 2024

Allegro MicroSystems, Inc. (NASDAQ:ALGM) Sees Large Increase in Short Interest - MarketBeat

Sep 29, 2024

Sep 28, 2024

Trend Tracker for (ALGM) - Stock Traders Daily

Sep 28, 2024

Sep 27, 2024

Wall Street SWOT: Allegro Microsystems stock faces recovery challenges - Investing.com

Sep 27, 2024

Sep 26, 2024

1832 Asset Management L.P. Sells 879,652 Shares of Allegro MicroSystems, Inc. (NASDAQ:ALGM) - MarketBeat

Sep 26, 2024

Sep 24, 2024

Allegro Microsystems-backed Polar Semiconductor receives $123M in CHIPs Act funds - MSN

Sep 24, 2024

Allegro Microsystems-backed Polar Semiconductor receives $123M in CHIPs Act funds - Seeking Alpha

Sep 24, 2024

Is Allegro MicroSystems, Inc. (ALGM) a Good Lidar Stock To Buy? - Insider Monkey

Sep 24, 2024