On Monday, Allegro Microsystems Inc (NASDAQ: ALGM) was 14.89% up from the session before settling in for the closing price of $22.30. A 52-week range for ALGM has been $18.59 – $33.26.
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During the last 5-year period, the sales growth of Technology Sector giant was 9.03%. When this article was written, the company’s average yearly earnings per share was at -83.03%. With a float of $122.26 million, this company’s outstanding shares have now reached $184.04 million.
Let’s determine the extent of company efficiency that accounts for 4593 employees. In terms of profitability, gross margin is 47.22%, operating margin of 4.15%, and the pretax margin is -6.47%.
Allegro Microsystems Inc (ALGM) Breakdown of a Key Holders of the stock
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 33.60%, while institutional ownership is 77.32%. 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) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -83.03% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -10.58% 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 3.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.10. Likewise, its price to free cash flow for the trailing twelve months is 679.72.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.34, a number that is poised to hit 0.05 in the next quarter and is forecasted to reach 0.52 in one year’s time.
Technical Analysis of Allegro Microsystems Inc (ALGM)
Looking closely at Allegro Microsystems Inc (NASDAQ: ALGM), its last 5-days average volume was 4.61 million, which is a jump from its year-to-date volume of 2.89 million. As of the previous 9 days, the stock’s Stochastic %D was 27.19%. Additionally, its Average True Range was 1.73.
During the past 100 days, Allegro Microsystems Inc’s (ALGM) raw stochastic average was set at 73.38%, which indicates a significant increase from 63.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 84.67% in the past 14 days, which was higher than the 54.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $23.76, while its 200-day Moving Average is $24.37. However, in the short run, Allegro Microsystems Inc’s stock first resistance to watch stands at $27.02. Second resistance stands at $28.42. The third major resistance level sits at $29.53. If the price goes on to break the first support level at $24.51, it is likely to go to the next support level at $23.40. Now, if the price goes above the second support level, the third support stands at $22.00.
Allegro Microsystems Inc (NASDAQ: ALGM) Key Stats
There are 184,125K outstanding shares of the company, which has a market capitalization of 4.72 billion. As of now, sales total 1,049 M while income totals 152,700 K. Its latest quarter income was 177,870 K while its last quarter net income were -6,860 K.
