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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 2.2% based on the past 4 years of stock performance.
  • Allegro Microsystems has fallen lower in 2 of those 4 years over the subsequent 52-week period, corresponding to a historical accuracy of 50%
  • Is Allegro Microsystems Stock Undervalued?
    The current Allegro Microsystems [ALGM] share price is $21.59. The Score for ALGM is 28, which is 44% below its historic median score of 50, and infers higher risk than normal.
  • ALGM is currently trading in the 20-30% 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 2.2% based on the past 4 years of stock performance.

Allegro Microsystems Stock Rating

Sell
28
Allegro Microsystems (ALGM) is a Sell

Is Allegro Microsystems overpriced?

  • Allegro Microsystems has fallen lower in 2 of those 4 years over the subsequent 52-week period, corresponding to a historical accuracy of 50%

Allegro Microsystems Stock Price History

Is ALGM stock going to rise?

  • Based on the share price being above its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bullish and ALGM is experiencing buying pressure, which is a positive indicator for future bullish 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:
18.59

Prediction Charts

Market Cap:
4B
Price in USD:
21.59
Volume:
8.7M
Beta:
1.68

Technical Analysis

SMA50:
21.22
SMA100:
22.10
SMA200:
25.33
52-Wk Change:
-28.03%

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 21.59 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
Dec-3 22.21 21.88 22.49 21.66
Dec-4 22.31 21.25 22.31 20.90
Dec-5 21.29 20.83 21.58 20.70
Dec-6 21.06 21.21 21.55 20.91
Dec-9 21.21 21.36 22.06 21.08
Dec-10 21.36 21.04 21.36 20.50
Dec-11 21.29 21.96 22.11 20.85
Dec-12 21.65 21.64 21.92 21.48
Dec-13 21.75 22.00 22.44 21.27
Dec-16 22.00 22.38 22.71 21.64
Dec-17 22.25 22.07 22.88 21.77
Dec-18 22.31 21.04 23.13 20.83
Dec-19 21.21 21.07 21.52 20.68
Dec-20 20.88 21.59 21.83 20.80

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 increase this quarter of $0.11 per share, a decrease next quarter of $0.00 per share, an increase this year of $0.05 per share, and a decrease next year of $1.07 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.