Market Summary
USD31.90+0.16
Market Closed0.50%
ALGM Stock Price
ALGM RSI Chart
ALGM Valuation
ALGM Price/Sales (Trailing)
ALGM Profitability
ALGM Fundamentals
ALGM Revenue
ALGM Earnings
Price Action
52 Week Range
19.8053.05
(Low)(High)
Last 7 days
-2.7%
Last 30 days
-18.9%
Last 90 days
-22.7%
Trailing 12 Months
45.1%
ALGM Financial Health
ALGM Investor Care
Historical Charts for Stock Metrics
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Net sales
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Latest Insider Trading transactions for ALGM
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-09-15 | D'Antilio Derek | bought | 50,041 | 33.63 | 1,488 | svp, cfo & treasurer |
2023-09-01 | Narayan Suman | sold (taxes) | -27,410 | 38.39 | -714 | svp, products |
2023-08-23 | MARTIN JOSEPH R | sold | -658,376 | 38.728 | -17,000 | - |
2023-08-16 | Nargolwala Vineet A | bought | 193,350 | 38.6699 | 5,000 | president and ceo |
2023-08-03 | Kazerounian Reza | acquired | - | - | 3,838 | - |
2023-08-03 | Lury Richard R. | acquired | - | - | 3,838 | - |
2023-08-03 | Lynch Susan D | acquired | - | - | 3,838 | - |
2023-08-03 | MARTIN JOSEPH R | acquired | - | - | 3,838 | - |
2023-08-03 | ALDRICH DAVID J | acquired | - | - | 3,838 | - |
2023-08-03 | Suzuki Yoshihiro | acquired | - | - | 3,838 | - |
Which funds bought or sold ALGM recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-20 | BARCLAYS PLC | reduced | -56.85 | -3,057,000 | 2,089,000 | -% |
2023-09-12 | Prosperity Financial Group, Inc. | added | 7.09 | 2,476 | 343,109 | 0.30% |
2023-09-12 | Farther Finance Advisors, LLC | unchanged | - | -143 | 2,257 | -% |
2023-09-08 | TUCKER ASSET MANAGEMENT LLC | new | - | 46,314 | 46,314 | 0.01% |
2023-08-23 | WOLVERINE TRADING, LLC | sold off | -100 | -1,608,000 | - | -% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | added | 26.76 | 262,124 | 1,625,040 | 0.02% |
2023-08-21 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | added | 10.42 | 20,000 | 542,000 | -% |
2023-08-21 | OSAIC HOLDINGS, INC. | reduced | -36.9 | -1,245,460 | 1,828,520 | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | added | 7.43 | 41,971 | 4,055,420 | 0.01% |
2023-08-17 | Coppell Advisory Solutions LLC | new | - | 49,018 | 49,018 | 0.01% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Schedule 13G FIlings of ALLEGRO MICROSYSTEMS
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| 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
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 21, 2023 | 8-K | Current Report | |
| Sep 18, 2023 | 4 | Insider Trading | |
| Sep 06, 2023 | 144 | Notice of Insider Sale Intent | |
| Sep 05, 2023 | 4 | Insider Trading | |
| Aug 24, 2023 | 4 | Insider Trading | |
| Aug 23, 2023 | 144 | Notice of Insider Sale Intent | |
| Aug 17, 2023 | 4 | Insider Trading | |
| Aug 08, 2023 | 8-K | Current Report | |
| Aug 04, 2023 | 4 | Insider Trading | |
| Aug 04, 2023 | 10-Q | Quarterly Report |
Peers (Alternatives to ALLEGRO MICROSYSTEMS)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
AAPL | 2.7T | 383.9B | -3.49% | 14.63% | 28.86 | 7.12 | -0.93% | -4.89% |
MSFT | 2.4T | 211.9B | -3.06% | 31.92% | 32.56 | 11.12 | 6.88% | -0.52% |
GOOG | 1.7T | 289.5B | -1.47% | 30.51% | 27.19 | 5.72 | 4.10% | -15.36% |
AMZN | 1.3T | 538.0B | -4.72% | 10.07% | 101.87 | 2.47 | 10.73% | 12.62% |
| MID-CAP | ||||||||
JBLU | 1.5B | 9.9B | -28.14% | -36.34% | 55.75 | 0.15 | 24.14% | 106.11% |
NYMT | 795.7M | 246.5M | -4.07% | -6.47% | -5.01 | 3.23 | 6.65% | -174.04% |
| SMALL-CAP | ||||||||
TLRY | 1.6B | 627.1M | -7.75% | -14.29% | -1.08 | 2.51 | -0.20% | -204.67% |
PLAY | 1.5B | 2.2B | -10.06% | 7.70% | 11.01 | 0.71 | 38.20% | -10.10% |
MFA | 1.0B | 543.3M | -3.23% | 5.22% | -715.94 | 1.91 | 31.74% | 78.13% |
NKLA | 961.6M | 56.2M | -5.30% | -69.36% | -1.14 | 17.12 | 40.31% | -12.26% |
BYND | 614.9M | 356.8M | -16.65% | -37.31% | -2.19 | 1.72 | -23.03% | 15.53% |
GPRO | 507.0M | 1.0B | -15.90% | -35.94% | -19.18 | 0.49 | -11.34% | -107.10% |
CGC | 462.3M | 453.3M | 100.98% | -69.12% | -0.38 | 1.02 | -16.04% | 55.90% |
INO | 104.1M | 13.7M | -12.49% | -77.75% | -0.62 | 7.62 | 413.65% | 52.51% |
ALLEGRO MICROSYSTEMS News
Returns for ALGM
Cumulative Returns on ALGM
Risks for ALGM
What is the probability of a big loss on ALGM?
88.8%
Probability that ALLEGRO MICROSYSTEMS stock will be more than 20% underwater in next one year
34.9%
Probability that ALLEGRO MICROSYSTEMS stock will be more than 30% underwater in next one year.
18.4%
Probability that ALLEGRO MICROSYSTEMS stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does ALGM drawdown profile look like?
Y-axis is the maximum loss one would have experienced if ALLEGRO MICROSYSTEMS was unfortunately bought at previous high price.
Drawdowns
Financials for ALLEGRO MICROSYSTEMS
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q1 |
| Revenue | 6.2% | 1,034 | 974 | 905 | 842 | 798 | 769 | 743 | 721 | 664 | 591 | 591 | 586 | 613 | 650 | 646 | 653 | 724 |
| Gross Profit | 7.2% | 586 | 546 | 503 | 461 | 432 | 407 | 385 | 358 | 317 | 279 | 264 | 251 | 258 | 261 | 260 | 274 | 320 |
| Operating Expenses | -4.8% | 326 | 343 | 332 | 321 | 313 | 271 | 259 | 292 | 277 | 267 | 252 | 204 | 208 | 208 | 208 | 214 | 220 |
| S&GA Expenses | -13.2% | 169 | 195 | 193 | 194 | 189 | 151 | 139 | 169 | 159 | 153 | 147 | 104 | 108 | 106 | 105 | 110 | 112 |
| R&D Expenses | 6.0% | 160 | 151 | 141 | 132 | 126 | 122 | 118 | 118 | 114 | 109 | 105 | 99.00 | 100 | 102 | 103 | 104 | 108 |
| EBITDA | -100.0% | - | 264 | 224 | - | 170 | 190 | 175 | 102 | 75.00 | 50.00 | 56.00 | 104 | 109 | 120 | 115 | 122 | 161 |
| EBITDA Margin | -100.0% | - | 0.27* | 0.25* | - | 0.21* | 0.25* | 0.24* | 0.14* | 0.11* | 0.08* | 0.09* | 0.18* | 0.18* | 0.18* | 0.18* | 0.19* | 0.22* |
| Interest Expenses | 22.0% | 3.00 | 2.00 | 2.00 | - | 1.00 | 2.00 | 2.00 | 4.00 | 4.00 | 4.00 | 4.00 | 2.00 | 2.00 | 2.00 | 0.00 | 2.00 | 2.00 |
| Earnings Before Taxes | 26.4% | 267 | 211 | 174 | 141 | 121 | 141 | 128 | 53.00 | 25.00 | -1.45 | -0.71 | 45.00 | 48.00 | 53.00 | 50.00 | 58.00 | 99.00 |
| EBT Margin | -100.0% | - | 0.22* | 0.19* | 0.17* | 0.15* | 0.18* | 0.17* | 0.07* | 0.04* | 0.00* | 0.00* | 0.08* | 0.08* | 0.08* | 0.08* | 0.09* | 0.14* |
| Net Income | 27.0% | 238 | 187 | 151 | 119 | 102 | 119 | 102 | 64.00 | 41.00 | 18.00 | 23.00 | 37.00 | 39.00 | 37.00 | 41.00 | 46.00 | 85.00 |
| Net Income Margin | -100.0% | - | 0.19* | 0.17* | 0.14* | 0.13* | 0.16* | 0.14* | 0.09* | 0.06* | 0.03* | 0.04* | 0.06* | 0.06* | 0.06* | 0.06* | 0.07* | 0.12* |
| Free Cashflow | -100.0% | - | 113 | 120 | 107 | 85.00 | 86.00 | 105 | 105 | 85.00 | 80.00 | 60.00 | 37.00 | 59.00 | 36.00 | 17.00 | 19.00 | 23.00 |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q1 | 2019Q1 |
| Assets | 4.5% | 1,234 | 1,181 | 1,084 | 980 | 926 | 893 | 851 | 803 | 797 | 748 | 712 | 780 | 818 | 752 |
| Current Assets | 5.2% | 700 | 666 | 620 | 545 | 529 | 512 | 469 | 446 | 453 | 431 | 379 | 407 | 448 | 367 |
| Cash Equivalents | 0.5% | 353 | 352 | 334 | 294 | 296 | 290 | 259 | 249 | 222 | 197 | 158 | 202 | 214 | 100 |
| Inventory | 15.1% | 174 | 151 | 120 | 98.00 | 89.00 | 86.00 | 79.00 | 78.00 | 82.00 | 87.00 | 94.00 | 105 | 127 | 131 |
| Net PPE | 8.4% | 285 | 263 | 232 | 219 | 215 | 210 | 208 | 198 | 197 | 192 | 214 | 218 | 332 | 347 |
| Goodwill | 1.3% | 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 | -3.7% | 206 | 214 | 190 | 164 | 163 | 157 | 156 | 147 | 178 | 161 | 135 | 144 | 184 | 162 |
| Current Liabilities | -7.1% | 154 | 165 | 137 | 113 | 112 | 104 | 101 | 88.00 | 119 | 117 | 89.00 | 123 | 150 | 104 |
| Shareholder's Equity | 6.3% | 1,027 | 966 | 893 | 816 | 763 | 735 | 696 | 657 | 619 | 587 | 577 | 636 | 634 | 590 |
| Retained Earnings | 19.6% | 371 | 310 | 248 | 184 | 133 | 123 | 97.00 | 64.00 | 31.00 | 4.00 | -5.09 | 209 | 194 | 157 |
| Additional Paid-In Capital | 0.1% | 675 | 674 | 668 | 662 | 652 | 628 | 612 | 604 | 597 | 592 | 589 | 440 | 459 | 448 |
| Shares Outstanding | 0.3% | 192 | 192 | 191 | 191 | 191 | 190 | 190 | 190 | 190 | 190 | 124 | 10.00 | - | 10.00 |
| Minority Interest | -0.4% | 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 Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q1 |
| Cashflow From Operations | 6.8% | 206 | 193 | 183 | 178 | 154 | 156 | 176 | 162 | 133 | 121 | 96.00 | 82.00 | 106 | 81.00 | 84.00 | 55.00 | 121 |
| Share Based Compensation | -37.4% | 39.00 | 62.00 | 66.00 | 65.00 | 63.00 | 34.00 | 22.00 | 60.00 | 54.00 | 50.00 | 47.00 | 2.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Cashflow From Investing | -20.6% | -120 | -99.70 | -85.44 | -97.92 | -65.31 | -66.27 | -67.97 | -48.90 | -59.28 | -68.24 | -61.02 | -70.04 | -68.95 | -41.68 | -67.13 | -28.56 | -97.52 |
| Cashflow From Financing | -9.5% | -21.90 | -20.00 | -15.79 | -21.19 | -14.44 | -5.31 | -6.21 | -70.89 | -72.19 | -72.19 | -19.69 | 53.00 | 70.00 | 83.00 | - | 60.00 | -39.74 |
| Dividend Payments | - | - | - | - | - | - | - | - | - | - | 400 | - | - | - | - | - | - | - |
ALGM Income Statement
2023-06-30CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands | 3 Months Ended | |
|---|---|---|
Jun. 30, 2023 | Jun. 24, 2022 | |
| Net sales | $ 278,293 | $ 217,753 |
| Cost of goods sold | 120,343 | 79,067 |
| Cost of goods sold to related party | 0 | 20,312 |
| Gross profit | 157,950 | 118,374 |
| Operating expenses: | ||
| Research and development | 42,975 | 33,857 |
| Selling, general and administrative | 44,229 | 69,780 |
| Total operating expenses | 87,204 | 103,637 |
| Operating income | 70,746 | 14,737 |
| Other (expense) income: | ||
| Interest expense | (769) | (278) |
| Interest income | 843 | 158 |
| Other expense, net | (2,716) | (2,369) |
| Income before income taxes | 68,104 | 12,248 |
| Income tax provision | 7,215 | 1,965 |
| Net income | 60,889 | 10,283 |
| Net income attributable to non-controlling interests | 39 | 36 |
| Net income attributable to Allegro MicroSystems, Inc. | $ 60,850 | $ 10,247 |
| Net income per common share attributable to Allegro MicroSystems, Inc.: | ||
| Basic (in dollars per share) | $ 0.32 | $ 0.05 |
| Diluted (in dollars per share) | $ 0.31 | $ 0.05 |
| Weighted average shares outstanding: | ||
| Basic (in shares) | 191,997,330 | 190,638,135 |
| Diluted (in shares) | 194,991,906 | 192,406,276 |
| Net sales | ||
| Net sales | $ 278,293 | $ 176,044 |
| Net sales to related party | ||
| Net sales | $ 0 | $ 41,709 |
ALGM Balance Sheet
2023-06-30CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Jun. 30, 2023 | Mar. 31, 2023 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 353,408 | $ 351,576 |
| Restricted cash | 8,913 | 7,129 |
| Trade accounts receivable, net | 121,506 | 111,290 |
| Inventories | 174,170 | 151,301 |
| Prepaid expenses and other current assets | 38,382 | 27,289 |
| Total current assets | 700,304 | 665,829 |
| Property, plant and equipment, net | 285,200 | 263,099 |
| Operating lease right-of-use assets | 20,693 | 16,866 |
| Deferred income tax assets | 58,684 | 50,359 |
| Goodwill | 28,048 | 27,691 |
| Intangible assets, net | 51,969 | 52,378 |
| Equity investment in related party | 26,980 | 27,265 |
| Other assets | 54,712 | 69,230 |
| Total assets | 1,234,090 | 1,181,155 |
| Current liabilities: | ||
| Trade accounts payable | 65,382 | 56,256 |
| Accrued expenses and other current liabilities | 76,691 | 94,894 |
| Current portion of operating lease liabilities | 5,007 | 4,493 |
| Total current liabilities | 153,545 | 165,325 |
| Obligations due under Senior Secured Credit Facilities | 25,000 | 25,000 |
| Operating lease liabilities, less current portion | 16,383 | 13,048 |
| Other long-term liabilities | 11,397 | 10,967 |
| Total liabilities | 206,325 | 214,340 |
| Commitments and contingencies (Note 10) | ||
| 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, 192,371,784 shares issued and outstanding at June 30, 2023; 1,000,000,000 shares authorized, 191,754,292 issued and outstanding at March 31, 2023 | 1,924 | 1,918 |
| Additional paid-in capital | 674,692 | 674,179 |
| Retained earnings | 371,165 | 310,315 |
| Accumulated other comprehensive loss | (21,198) | (20,784) |
| Equity attributable to Allegro MicroSystems, Inc. | 1,026,583 | 965,628 |
| Non-controlling interests | 1,182 | 1,187 |
| Total stockholders’ equity | 1,027,765 | 966,815 |
| Total liabilities, non-controlling interests and stockholders’ equity | 1,234,090 | 1,181,155 |
| Related Party | ||
| Current assets: | ||
| Trade and other accounts receivable due from related party | 175 | 13,494 |
| Current portion of related party note receivable | 3,750 | 3,750 |
| Related party note receivable, less current portion | 7,500 | 8,438 |
| Current liabilities: | ||
| Amounts due to related party | $ 6,465 | $ 9,682 |
Allegro MicroSystems, Inc. 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; and power ICs comprising motor driver ICs, and regulator and LED driver ICs, as well as photonic and 3D sensing components, including photodiodes, eye-safe lasers and rangefinders, and readout ICs for LiDAR applications. 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 incorporated in 1990 and is headquartered in Manchester, New Hampshire. Allegro MicroSystems, Inc. is a subsidiary of Sanken Electric Co., Ltd.