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Allegro Microsystems Stock Predictions

Allegro Microsystems Stock Forecast

  • Over the next 52 weeks, Allegro Microsystems has on average historically fallen by 2.1% based on the past 4 years of stock performance.
  • Allegro Microsystems has fallen lower in 3 of those 4 years over the subsequent 52-week period, corresponding to a historical accuracy of 75%
  • Is Allegro Microsystems Stock Undervalued?
    The current Allegro Microsystems [ALGM] share price is $17.52. The Score for ALGM is 13, which is 74% below its historic median score of 50, and infers higher risk than normal.
  • ALGM is currently trading in the 10-20% percentile range relative to its historical Stock Score levels.

Will Allegro Microsystems Stock Go Up Next Year?

  • Over the next 52 weeks, Allegro Microsystems has on average historically fallen by 2.1% based on the past 4 years of stock performance.

Allegro Microsystems Stock Rating

Sell
13
Allegro Microsystems (ALGM) is a Sell

Is Allegro Microsystems overpriced?

  • Allegro Microsystems has fallen lower in 3 of those 4 years over the subsequent 52-week period, corresponding to a historical accuracy of 75%

Allegro Microsystems Stock Price History

Is ALGM stock going to rise?

  • Based on the share price being below its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bearish and ALGM is experiencing selling pressure, which indicates risk of future bearish movement.

Stock Information

Stock Info

Exchange:
NASDAQ
Country:
United States
Industry:
Semiconductors & Semiconductor Equipment
Sector:
Information Technology
Type:
stock
Website:
allegromicro.com

52-Week Data

52-Week High:
33.26
52-Week Low:
16.38

Prediction Charts

Market Cap:
3.2B
Price in USD:
17.52
Volume:
4M
Beta:
1.54

Technical Analysis

SMA50:
24.16
SMA100:
23.45
SMA200:
23.52
52-Wk Change:
-34.06%

Stock Predictions

  • Is Allegro Microsystems stock public?
    Yes, Allegro Microsystems is a publicly traded company.
  • What is the Allegro Microsystems stock quote today?
    The Allegro Microsystems stock price is 17.52 USD today.
  • How to buy Allegro Microsystems stock online?
    You can buy Allegro Microsystems shares by opening an account at a top tier brokerage firm, such as TD Ameritrade or tastyworks.

14-Day Historical Data

Date Opening Closing Minimum Maximum
Apr-3 24.72 22.89 24.87 22.63
Apr-4 21.51 21.32 22.24 20.74
Apr-7 20.79 21.06 22.59 19.67
Apr-8 21.92 18.93 21.92 18.34
Apr-9 18.90 23.23 23.38 18.61
Apr-10 22.05 21.82 22.25 20.01
Apr-11 21.42 22.23 22.55 20.38
Apr-14 22.99 22.01 22.99 21.51
Apr-15 20.26 19.88 20.99 19.08
Apr-16 19.44 18.93 19.57 18.05
Apr-17 19.03 18.06 19.16 17.78
Apr-21 17.40 16.53 17.47 16.38
Apr-22 16.78 16.77 17.15 16.42
Apr-23 17.66 17.52 18.20 17.41

Allegro Microsystems Earnings

Allegro Microsystems Earnings Report: Per Share Allegro Microsystems Earnings Q1 Q2 Q3 and Q4 last year and next year.

Allegro Microsystems Forecast Revenue Growth

Allegro Microsystems Stock Analysis: Historical quarterly revenues per share for Allegro Microsystems and historical quarterly revenue growth:

  • Analysts estimate an earnings decrease this quarter of $0.09 per share, an increase next quarter of $0.03 per share, a decrease this year of $1.09 per share, and an increase next year of $0.30 per share.

* Allegro Microsystems stock forecasts short-term for next days and weeks may differ from long term prediction for next month and year based on timeline differences.