On Tuesday, Allegro Microsystems Inc (NASDAQ: ALGM) was -0.36% drop from the session before settling in for the closing price of $36.6. A 52-week range for ALGM has been $16.38 – $38.45.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
When this article was written, the company’s average yearly earnings per share was at 118.53%. With a float of $122.85 million, this company’s outstanding shares have now reached $184.29 million.
Let’s look at the performance matrix of the company that is accounted for 4060 employees. In terms of profitability, gross margin is 44.35%, operating margin of -2.73%, and the pretax margin is -11.82%.
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 33.57%, while institutional ownership is 85.47%. The most recent insider transaction that took place on Jun 11 ’25, was worth 94,395. In this transaction Director of this company sold 3,100 shares at a rate of $30.45, taking the stock ownership to the 19,925 shares. Before that another transaction happened on Jun 11 ’25, when Company’s Director proposed sale 3,100 for $30.45, making the entire transaction worth $94,395.
Allegro Microsystems Inc (ALGM) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 118.53% per share during the next fiscal year.
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 2.66. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.30. Likewise, its price to free cash flow for the trailing twelve months is 307.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.39, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.96 in one year’s time.
Technical Analysis of Allegro Microsystems Inc (ALGM)
Allegro Microsystems Inc (NASDAQ: ALGM) saw its 5-day average volume 2.55 million, a negative change from its year-to-date volume of 2.98 million. As of the previous 9 days, the stock’s Stochastic %D was 60.94%.
During the past 100 days, Allegro Microsystems Inc’s (ALGM) raw stochastic average was set at 91.03%, which indicates a significant increase from 68.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 1.03 in the past 14 days, which was lower than the 1.31 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $29.19, while its 200-day Moving Average is $24.31. Nevertheless, the first resistance level for the watch stands at $37.04 in the near term. At $37.60, the stock is likely to face the second major resistance level. The third major resistance level sits at $37.90. If the price goes on to break the first support level at $36.18, it is likely to go to the next support level at $35.88. The third support level lies at $35.32 if the price breaches the second support level.
Allegro Microsystems Inc (NASDAQ: ALGM) Key Stats
There are 184,925K outstanding shares of the company, which has a market capitalization of 6.74 billion. As of now, sales total 725,010 K while income totals -73,010 K. Its latest quarter income was 192,820 K while its last quarter net income were -14,800 K.