On Friday, Allegro Microsystems Inc (NASDAQ: ALGM) was 1.66% up from the session before settling in for the closing price of $21.64. A 52-week range for ALGM has been $18.59 – $33.26.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 9.03%. When this article was written, the company’s average yearly earnings per share was at -81.03%. With a float of $122.37 million, this company’s outstanding shares have now reached $183.98 million.
The extent of productivity of a business whose workforce counts for 4593 workers is very important to gauge. In terms of profitability, gross margin is 49.13%, operating margin of 8.1%, and the pretax margin is -0.71%.
Allegro Microsystems Inc (ALGM) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Allegro Microsystems Inc stocks. The insider ownership of Allegro Microsystems Inc is 33.49%, while institutional ownership is 77.57%. The most recent insider transaction that took place on Nov 18 ’24, was worth 285,000. In this transaction SVP, CTO of this company bought 15,000 shares at a rate of $19.00, taking the stock ownership to the 246,086 shares. Before that another transaction happened on Nov 05 ’24, when Company’s President and CEO bought 5,000 for $19.89, making the entire transaction worth $99,446. This insider now owns 356,113 shares in total.
Allegro Microsystems Inc (ALGM) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -81.03% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -3.95% during the next five years compared to 11.89% growth over the previous five years of trading.
Allegro Microsystems Inc (NASDAQ: ALGM) Trading Performance Indicators
You can see what Allegro Microsystems Inc (ALGM) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.84. Likewise, its price to free cash flow for the trailing twelve months is 61.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.13, a number that is poised to hit 0.06 in the next quarter and is forecasted to reach 0.63 in one year’s time.
Technical Analysis of Allegro Microsystems Inc (ALGM)
The latest stats from [Allegro Microsystems Inc, ALGM] show that its last 5-days average volume of 1.67 million was inferior to 1.94 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 67.42%. Additionally, its Average True Range was 0.95.
During the past 100 days, Allegro Microsystems Inc’s (ALGM) raw stochastic average was set at 44.63%, which indicates a significant decrease from 60.98% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.86% in the past 14 days, which was lower than the 53.86% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $21.15, while its 200-day Moving Average is $25.51. Now, the first resistance to watch is $22.54. This is followed by the second major resistance level at $23.07. The third major resistance level sits at $23.71. If the price goes on to break the first support level at $21.37, it is likely to go to the next support level at $20.73. The third support level lies at $20.20 if the price breaches the second support level.
Allegro Microsystems Inc (NASDAQ: ALGM) Key Stats
There are 183,984K outstanding shares of the company, which has a market capitalization of 4.11 billion. As of now, sales total 1,049 M while income totals 152,700 K. Its latest quarter income was 187,390 K while its last quarter net income were -33,680 K.
