ALGM Stock Price, Allegro MicroSystems Inc Quote, Chart

Market Summary

USD26.26-0.58

Market Closed

-2.16%

ALGM Alerts

1 major insider sales recently.

ALGM Stock Price

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ALGM RSI Chart

ALGM Valuation

Market Cap

5.1B

Price/Earnings (Trailing)

22.87

Price/Sales (Trailing)

4.7

EV/EBITDA

16.2

Price/Free Cashflow

66.92

ALGM Price/Sales (Trailing)

ALGM Profitability

EBT Margin

22.77%

Return on Equity

19.55%

Return on Assets

14.17%

Free Cashflow Yield

1.49%

ALGM Fundamentals

ALGM Revenue

Revenue (TTM)

1.1B

Rev. Growth (Yr)

2.49%

Rev. Growth (Qtr)

-7.45%

ALGM Earnings

Earnings (TTM)

221.8M

Earnings Growth (Yr)

-48.32%

Earnings Growth (Qtr)

-49.18%

Breaking Down ALGM Revenue

Last 7 days

-1.5%

Last 30 days

-4.5%

Last 90 days

1.1%

Trailing 12 Months

-41.7%

How does ALGM drawdown profile look like?

ALGM Financial Health

Current Ratio

4.57

Debt/Equity

0.22

Debt/Cashflow

0.86

ALGM Investor Care

Shares Dilution (1Y)

0.84%

Diluted EPS (TTM)

1.15

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	973.7M	1.0B	1.1B	1.1B
2022	768.7M	798.3M	842.3M	904.5M
2021	591.2M	664.3M	721.3M	743.5M
2020	650.1M	612.6M	586.1M	590.7M
2019	724.3M	0	699.6M	674.8M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Allegro MicroSystems Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 03, 2024	raubacher jennie	acquired	-	-	2,171	-
Mar 08, 2024	glover max r.	sold	-476,486	31.7657	-15,000	svp of worldwide sales
Feb 14, 2024	schorr paul iv	acquired	-	-	3,326	-
Feb 13, 2024	briansky sharon	sold (taxes)	-165,929	30.34	-5,469	svp, gc and secretary
Feb 13, 2024	d'antilio derek	sold (taxes)	-325,396	30.34	-10,725	svp, cfo & treasurer
Nov 21, 2023	doogue michael	acquired	-	-	70,287	svp, cto
Nov 21, 2023	doogue michael	sold	-	-	-70,287	svp, cto
Nov 17, 2023	doogue michael	sold (taxes)	-1,278,790	28.04	-45,606	svp, cto
Nov 17, 2023	valente joanne	sold (taxes)	-428,563	28.04	-15,284	svp, chro
Nov 17, 2023	nargolwala vineet a	bought	27,840	27.84	1,000	president and ceo

Which funds bought or sold ALGM recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 12, 2024	Riverview Trust Co	new	-	21,784	21,784	0.02%
Apr 12, 2024	IMC-Chicago, LLC	new	-	323,897	323,897	-%
Apr 12, 2024	AdvisorNet Financial, Inc	added	337	702	944	-%
Apr 09, 2024	MATHER GROUP, LLC.	new	-	3,784	3,784	-%
Apr 05, 2024	CWM, LLC	reduced	-1.69	-12,000	90,000	-%
Apr 05, 2024	JUNCTURE WEALTH STRATEGIES, LLC	new	-	582,875	582,875	0.25%
Apr 05, 2024	GAMMA Investing LLC	added	25.11	7,197	31,166	0.01%
Apr 03, 2024	Versant Capital Management, Inc	added	21.74	118	1,510	-%
Apr 03, 2024	Strategic Advocates LLC	sold off	-100	-663,367	-	-%
Apr 03, 2024	WealthCollab, LLC	new	-	5,237	5,237	-%

Are Funds Buying or Selling ALGM?

Are funds buying ALGM calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ALGM

No. of Funds

ALGM Alerts

1 major insider sales recently.

Unveiling Allegro MicroSystems Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2024	fmr llc	-	0	SC 13G
Jan 30, 2024	oep skna, l.p.	6.6%	12,649,247	SC 13G/A
Feb 10, 2022	oep skna, l.p.	11.9%	22,629,247	SC 13G/A
Feb 10, 2022	sanken electric co., ltd.	51.9%	98,500,097	SC 13G/A
Feb 08, 2021	oep skna, l.p.	23.5%	44,442,898	SC 13G
Feb 08, 2021	sanken electric co., ltd.	54.7%	103,700,097	SC 13G

Recent SEC filings of Allegro MicroSystems Inc

View All Filings

Date Filed	Form Type	Document
Apr 03, 2024	8-K	Current Report
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	3	Insider Trading
Mar 11, 2024	4	Insider Trading
Mar 08, 2024	144	Notice of Insider Sale Intent
Mar 04, 2024	8-K	Current Report
Mar 04, 2024	144	Notice of Insider Sale Intent
Feb 27, 2024	144	Notice of Insider Sale Intent
Feb 15, 2024	4	Insider Trading
Feb 15, 2024	4	Insider Trading

Peers (Alternatives to Allegro MicroSystems Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
NVDA	2.2T	60.9B	-2.09%	221.40%	72.25	35.29	125.85%	581.31%
AMD	259.0B	22.7B	-16.09%	74.74%	303.33	11.42	-3.90%	-35.30%
AMAT	171.0B	26.5B	3.57%	82.24%	23.89	6.46	0.88%	10.98%
INTC	153.5B	54.2B	-14.85%	13.86%	90.89	2.83	-14.00%	-78.92%
ADI	94.4B	11.6B	-2.51%	0.95%	33.51	8.16	-8.03%	-17.90%
MID-CAP
AMKR	7.7B	6.5B	0.10%	29.52%	21.38	1.18	-8.30%	-53.02%
CRUS	4.7B	1.8B	-1.93%	-2.48%	26.64	2.62	-11.16%	-46.12%
ACLS	3.4B	1.1B	-3.04%	-18.28%	13.82	3.01	22.89%	34.51%
DIOD	3.1B	1.7B	2.47%	-19.91%	13.74	1.88	-16.94%	-31.42%
AMBA	1.9B	226.5M	-7.28%	-32.99%	-11.02	8.24	-32.92%	-159.10%
SMALL-CAP
ACMR	1.7B	557.7M	4.09%	167.49%	21.95	3.04	43.44%	97.00%
AOSL	606.3M	640.0M	-0.51%	-16.09%	-35.36	0.95	-19.44%	-128.49%
AEHR	334.0M	71.9M	-18.78%	-60.06%	21.68	4.65	14.14%	8.17%
ATOM	160.3M	550.0K	-1.31%	11.07%	-8.1	291.37	43.98%	-13.47%
ASYS	68.1M	116.7M	1.48%	-49.58%	-3.55	0.58	15.07%	-240.88%

Allegro MicroSystems Inc News

Latest updates

Allegro MicroSystems Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																			(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q1
Revenue	-7.4%	255	276	278	269	249	238	218	200	187	194	188	175	164	137	115	175	160	163	-
Gross Profit	-16.1%	134	160	158	153	143	132	118	110	101	103	94.00	87.00	74.00	62.00	56.00	72.00	62.00	69.00	-
Operating Expenses	12.2%	97.00	87.00	87.00	90.00	77.00	72.00	104	79.00	66.00	64.00	62.00	68.00	99.00	49.00	51.00	53.00	50.00	54.00	-
S&GA Expenses	22.2%	53.00	43.00	44.00	51.00	37.00	37.00	70.00	47.00	38.00	34.00	32.00	35.00	68.00	24.00	27.00	28.00	25.00	28.00	-
R&D Expenses	2.2%	44.00	43.00	43.00	42.00	40.00	36.00	34.00	32.00	30.00	30.00	30.00	28.00	31.00	25.00	24.00	24.00	25.00	26.00	-
EBITDA Margin	-7.8%	0.29*	0.32*	0.31*	0.27*	0.25*	0.23*	0.21*	0.25*	0.24*	0.15*	0.12*	0.09*	-	-	-	-	-	-	-
Interest Expenses	408.4%	4.00	1.00	1.00	1.00	1.00	1.00	0.00	0.00	0.00	-	0.00	1.00	2.00	-0.05	0.00	2.00	0.00	-	-
Income Taxes	-59.9%	3.00	7.00	7.00	6.00	8.00	8.00	2.00	5.00	6.00	6.00	4.00	8.00	-30.52	2.00	1.00	4.00	2.00	3.00	-
Earnings Before Taxes	-50.2%	36.00	73.00	68.00	68.00	72.00	59.00	12.00	30.00	39.00	39.00	32.00	17.00	-35.58	12.00	5.00	18.00	11.00	14.00	-
EBT Margin	-13.2%	0.23*	0.26*	0.26*	0.22*	0.19*	0.17*	0.15*	0.18*	0.17*	0.07*	0.04*	0.00*	-	-	-	-	-	-	-
Net Income	-49.2%	33.00	66.00	61.00	62.00	65.00	51.00	10.00	26.00	33.00	33.00	28.00	9.00	-5.09	10.00	5.00	13.00	9.00	12.00	-
Net Income Margin	-12.8%	0.21*	0.24*	0.23*	0.19*	0.17*	0.14*	0.13*	0.16*	0.14*	0.09*	0.06*	0.03*	-	-	-	-	-	-	-
Free Cashflow	145.6%	38.00	16.00	5.00	17.00	40.00	34.00	22.00	23.00	27.00	13.00	23.00	42.00	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																	(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q1
Assets	21.8%	1,565	1,285	1,234	1,181	1,084	980	926	893	851	803	797	748	712	780	799	818	752
Current Assets	-23.1%	549	715	700	666	620	545	529	512	469	446	453	431	379	407	-	448	367
Cash Equivalents	-42.1%	214	370	353	352	344	303	296	290	259	249	222	197	158	202	216	214	100
Inventory	-4.4%	166	173	174	151	120	98.00	89.00	86.00	79.00	78.00	82.00	87.00	94.00	105	-	127	131
Net PPE	4.4%	326	312	285	263	232	219	215	210	208	198	197	192	214	218	-	332	347
Goodwill	674.9%	215	28.00	28.00	28.00	28.00	28.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	-	1.00	1.00
Liabilities	130.3%	430	187	206	214	190	164	163	157	156	147	178	161	135	144	164	184	162
Current Liabilities	-10.5%	120	134	154	165	137	113	112	104	101	88.00	119	117	89.00	123	-	150	104
Long Term Debt	-	250	-	-	25.00	-	-	-	-	-	-	-	-	-	-	-	-	-
LT Debt, Non Current	-	250	-	-	25.00	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	3.3%	1,134	1,098	1,028	966	895	816	763	735	696	657	619	587	577	636	624	634	590
Retained Earnings	7.6%	470	437	371	310	248	184	133	123	97.00	64.00	31.00	4.00	-5.09	209	-	194	157
Additional Paid-In Capital	0.0%	684	684	675	674	668	662	652	628	612	604	597	592	589	440	-	459	448
Shares Outstanding	0.3%	193	192	192	192	191	191	191	190	190	190	190	83.00	-	-	-	-	-
Minority Interest	4.6%	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	-	1.00	1.00

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																			(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q1
Cashflow From Operations	55.3%	72,558	46,730	49,663	47,548	53,854	55,251	36,553	37,571	48,682	31,381	38,495	57,036	34,894	2,974	25,666	32,649	21,054	-	-
Share Based Compensation	0.4%	10,920	10,877	11,042	10,556	8,902	8,204	34,136	14,901	7,620	6,196	4,831	2,969	45,876	580	445	384	303	-	-
Cashflow From Investing	-1671.0%	-442,518	-24,987	-34,939	-30,405	-14,343	-40,559	-14,389	-16,148	-26,826	-7,951	-15,346	-17,844	-7,757	-18,335	-24,309	-10,618	-16,782	-	-
Cashflow From Financing	4620.6%	213,915	-4,732	-11,035	-3,304	-2,098	-5,459	-9,137	902	-7,500	1,291	-	-	-72,186	-	-	52,500	-	-	-
Dividend Payments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

ALGM Income Statement

2023-12-29

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Dec. 29, 2023	Dec. 23, 2022	Dec. 29, 2023	Dec. 23, 2022
Net sales	$ 254,984	$ 248,789	$ 808,786	$ 704,208
Cost of goods sold	121,156	84,776	354,561	247,805
Cost of goods sold to related party	0	21,419	2,944	63,413
Gross profit	133,828	142,594	451,281	392,990
Operating expenses:
Research and development	44,396	39,593	130,799	109,017
Selling, general and administrative	52,746	37,373	140,135	143,770
Total operating expenses	97,142	76,966	270,934	252,787
Operating income	36,686	65,628	180,347	140,203
Other income (expense):
Interest expense	(3,854)	(613)	(5,381)	(1,581)
Interest income	857	360	2,550	1,144
Other income (expense), net	2,682	6,716	30	3,659
Income before income taxes	36,371	72,091	177,546	143,425
Income tax provision	2,969	7,540	17,584	17,943
Net income	33,402	64,551	159,962	125,482
Net income attributable to non-controlling interests	57	32	150	102
Net income attributable to Allegro MicroSystems, Inc.	$ 33,345	$ 64,519	$ 159,812	$ 125,380
Net income per common share attributable to Allegro MicroSystems, Inc.:
Basic (in dollars per share)	$ 0.17	$ 0.34	$ 0.83	$ 0.66
Diluted (in dollars per share)	$ 0.17	$ 0.33	$ 0.82	$ 0.65
Weighted average shares outstanding:
Basic (in shares)	192,724,541	191,328,538	192,384,315	191,082,141
Diluted (in shares)	194,570,380	193,935,908	194,925,040	193,100,762
Net sales
Net sales	$ 254,984	$ 203,672	$ 802,625	$ 572,356
Net sales to related party
Net sales	$ 0	$ 45,117	$ 6,161	$ 131,852

ALGM Balance Sheet

2023-12-29

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 29, 2023	Mar. 31, 2023
Current assets:
Cash and cash equivalents	$ 214,308	$ 351,576
Restricted cash	9,427	7,129
Trade accounts receivable, net	114,324	111,290
Inventories	165,553	151,301
Prepaid expenses and other current assets	41,980	27,289
Total current assets	549,496	665,829
Property, plant and equipment, net	325,822	263,099
Operating lease right-of-use assets	21,620	16,866
Deferred income tax assets	79,420	50,359
Goodwill	214,709	27,691
Intangible assets, net	293,699	52,378
Equity investment in related party	25,974	27,265
Other assets	48,936	69,230
Total assets	1,565,301	1,181,155
Current liabilities:
Trade accounts payable	37,633	56,256
Accrued expenses and other current liabilities	69,951	94,894
Current portion of operating lease liabilities	5,486	4,493
Current portion of long-term debt	3,959
Total current liabilities	120,187	165,325
Long-term debt	250,464	25,000
Operating lease liabilities, less current portion	16,321	13,048
Deferred income tax liabilities	27,740
Other long-term liabilities	15,103	10,967
Total liabilities	429,815	214,340
Commitments and contingencies (Note 11)
Stockholders' Equity:
Preferred stock, $0.01 par value; 20,000,000 shares authorized, no shares issued or outstanding	0	0
Common stock, $0.01 par value; 1,000,000,000 shares authorized, 193,047,658 shares issued and outstanding at December 29, 2023; 1,000,000,000 shares authorized, 191,754,292 issued and outstanding at March 31, 2023	1,931	1,918
Additional paid-in capital	684,063	674,179
Retained earnings	470,127	310,315
Accumulated other comprehensive loss	(21,889)	(20,784)
Equity attributable to Allegro MicroSystems, Inc.	1,134,232	965,628
Non-controlling interests	1,254	1,187
Total stockholders’ equity	1,135,486	966,815
Total liabilities, non-controlling interests and stockholders’ equity	1,565,301	1,181,155
Related Party
Current assets:
Trade and other accounts receivable due from related party	154	13,494
Current portion of related party note receivable	3,750	3,750
Related party note receivable, less current portion	5,625	8,438
Current liabilities:
Amounts due to related party	$ 3,158	$ 9,682

About Allegro MicroSystems Inc

Allegro MicroSystems, Inc., together with its subsidiaries, designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific analog power ICs for motion control and energy-efficient systems. Its products include magnetic sensor ICs, such as position, speed, and current sensor ICs; power ICs comprising motor driver ICs, regulator and LED driver ICs, and isolated gate drivers; and photonic and advanced 3D sensing components. The company sells its products to original equipment manufacturers and suppliers primarily in the automotive and industrial markets through its direct sales force, third party distributors, independent sales representatives, and consignment. It operates in the United States, rest of the Americas, Europe, Japan, Greater China, South Korea, and other Asian markets. The company was founded in 1990 and is headquartered in Manchester, New Hampshire. Allegro MicroSystems, Inc. is a subsidiary of Sanken Electric Co., Ltd.

CEO	Mr. Vineet A. Nargolwala
WEBSITE	allegromicro.com/en
INDUSTRY	Semiconductors
EMPLOYEES	4687

Allegro MicroSystems Inc Frequently Asked Questions

What is the ticker symbol for Allegro MicroSystems Inc? What does ALGM stand for in stocks?

ALGM is the stock ticker symbol of Allegro MicroSystems Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Allegro MicroSystems Inc (ALGM)?

As of Mon Apr 15 2024, market cap of Allegro MicroSystems Inc is 5.07 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ALGM stock?

You can check ALGM's fair value in chart for subscribers.

What is the fair value of ALGM stock?

You can check ALGM's fair value in chart for subscribers. The fair value of Allegro MicroSystems Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Allegro MicroSystems Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ALGM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Allegro MicroSystems Inc a good stock to buy?

The fair value guage provides a quick view whether ALGM is over valued or under valued. Whether Allegro MicroSystems Inc is cheap or expensive depends on the assumptions which impact Allegro MicroSystems Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ALGM.

What is Allegro MicroSystems Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 15 2024, ALGM's PE ratio (Price to Earnings) is 22.87 and Price to Sales (PS) ratio is 4.7. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ALGM PE ratio will change depending on the future growth rate expectations of investors.