Allegro Microsystems Inc [NASDAQ: ALGM] loss -1.53% or -0.47 points to close at $30.27 with a heavy trading volume of 5741462 shares.
It opened the trading session at $33.645, the shares rose to $33.835 and dropped to $28.65, the range by which the price of stock traded the whole day. The daily chart for ALGM points out that the company has recorded 60.75% gains over the past six months.
If we look at the average trading volume of 1.79M shares, ALGM reached to a volume of 5741462 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Allegro Microsystems Inc [ALGM]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ALGM shares is $38.42 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ALGM stock is a recommendation set at 1.31. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
TD Cowen have made an estimate for Allegro Microsystems Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on August 01, 2025. While these analysts kept the previous recommendation, BofA Securities raised their target price to Buy. The new note on the price target was released on June 16, 2025, representing the official price target for Allegro Microsystems Inc stock. Previously, the target price had yet another raise to $23, while Wells Fargo analysts kept a Overweight rating on ALGM stock.
The Price to Book ratio for the last quarter was 6.07, with the Price to Cash per share for the same quarter was set at 0.75. Price to Free Cash Flow for ALGM in the course of the last twelve months was 112.56 with Quick ratio for the last quarter at 2.26.
Trading performance analysis for ALGM stock
Allegro Microsystems Inc [ALGM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.32. With this latest performance, ALGM shares gained by 6.51% in over the last four-week period, additionally plugging by 60.75% over the last 6 months – not to mention a rise of 38.47% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ALGM stock in for the last two-week period is set at 53.14, with the RSI for the last a single of trading hit 1.80, and the three-weeks RSI is set at 1.47 for Allegro Microsystems Inc [ALGM]. The present Moving Average for the last 50 days of trading for this stock 30.02, while it was recorded at 30.61 for the last single week of trading, and 27.82 for the last 200 days.
Allegro Microsystems Inc [ALGM]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Allegro Microsystems Inc [ALGM] shares currently have an operating margin of -0.44% and a Gross Margin at 44.63%. Allegro Microsystems Inc’s Net Margin is presently recorded at -9.00%.
Allegro Microsystems Inc (ALGM) Capital Structure & Debt Analysis
According to recent financial data for Allegro Microsystems Inc. ( ALGM), the Return on Equity (ROE) stands at -6.75%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -4.83%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Allegro Microsystems Inc’s Return on Invested Capital (ROIC) is -5.48%, showcasing its effectiveness in deploying capital for earnings.
Allegro Microsystems Inc (ALGM) Efficiency & Liquidity Metrics
Based on Allegro Microsystems Inc’s (ALGM) latest financial statements, the Debt-to-Equity Ratio is 0.36%, indicating its reliance on debt financing relative to shareholder equity.
Allegro Microsystems Inc (ALGM) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Allegro Microsystems Inc. (ALGM) effectively leverages its workforce, generating an average of -$16886.7 per employee. The company’s liquidity position is robust, with a Current Ratio of 3.70% and a Quick Ratio of 2.26%, indicating strong ability to cover short-term liabilities.
Allegro Microsystems Inc [ALGM]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Allegro Microsystems Inc posted 0.07/share EPS, while the average EPS was predicted by analysts to be reported at 0.06/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.01. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ALGM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Allegro Microsystems Inc go to 85.24%.
An analysis of Institutional ownership at Allegro Microsystems Inc [ALGM]
There are presently around $85.13%, or 127.25%% of ALGM stock, in the hands of institutional investors. The top three institutional holders of ALGM stocks are: FMR LLC with ownership of 19.72 million shares, which is approximately 10.1929%. JPMORGAN CHASE & CO, holding 9.14 million shares of the stock with an approximate value of $$258.09 million in ALGM stocks shares; and JPMORGAN CHASE & CO, currently with $$245.01 million in ALGM stock with ownership which is approximately 4.4845%.
