Allegro Microsystems Inc (NASDAQ: ALGM) started the day on Wednesday, with a price increase of 3.34% at $20.14, before settling in for the price of $19.49 at the close. Taking a more long-term approach, ALGM posted a 52-week range of $18.59-$33.26.
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The Technology Sector giants’ yearly sales growth during the last 5-year period was 9.03%. Meanwhile, its Annual Earning per share during the time was 11.89%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -81.13%. This publicly-traded company’s shares outstanding now amounts to $193.16 million, simultaneously with a float of $122.50 million. The organization now has a market capitalization sitting at $3.71 billion. At the time of writing, stock’s 50-day Moving Average stood at $21.52, while the 200-day Moving Average is $26.26.
Allegro Microsystems Inc (ALGM) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Semiconductors Industry. Allegro Microsystems Inc’s current insider ownership accounts for 33.42%, in contrast to 77.47% institutional ownership. According to the most recent insider trade that took place on Nov 18 ’24, this organization’s SVP, CTO bought 15,000 shares at the rate of 19.00, making the entire transaction reach 285,000 in total value, affecting insider ownership by 246,086. Preceding that transaction, on Nov 05 ’24, Company’s President and CEO bought 5,000 for 19.89, making the whole transaction’s value amount to 99,446. This particular insider is now the holder of 356,113 in total.
Allegro Microsystems Inc (ALGM) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.
Allegro Microsystems Inc’s EPS decrease for this current 12-month fiscal period is -81.13% and is forecasted to reach 0.62 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -3.90% through the next 5 years, which can be compared against the 11.89% growth it accomplished over the previous five years trading on the market.
Allegro Microsystems Inc (NASDAQ: ALGM) Trading Performance Indicators
Let’s observe the current performance indicators for Allegro Microsystems Inc (ALGM). It’s Quick Ratio in the last reported quarter now stands at 2.80. The Stock has managed to achieve an average true range (ATR) of 0.92. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.36. Similarly, its price to free cash flow for trailing twelve months is now 55.40.
In the same vein, ALGM’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.13, a figure that is expected to reach 0.06 in the next quarter, and analysts are predicting that it will be 0.62 at the market close of one year from today.
Technical Analysis of Allegro Microsystems Inc (ALGM)
If we take a close look at the recent performances of Allegro Microsystems Inc (NASDAQ: ALGM), its last 5-days Average volume was 2.06 million that shows progress from its year to date volume of 1.93 million. During the previous 9 days, stock’s Stochastic %D was recorded 26.92% While, its Average True Range was 0.86.
Raw Stochastic average of Allegro Microsystems Inc (ALGM) in the period of the previous 100 days is set at 10.57%, which indicates a major fall in contrast to 35.63% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 46.42% that was lower than 57.96% volatility it exhibited in the past 100-days period.
