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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 4% based on the past 3 years of stock performance.
  • Allegro Microsystems has fallen lower in 2 of those 3 years over the subsequent 52-week period, corresponding to a historical accuracy of 66.67%
  • Is Allegro Microsystems Stock Undervalued?
    The current Allegro Microsystems [ALGM] share price is $22.44. The Score for ALGM is 24, which is 52% 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 4% based on the past 3 years of stock performance.

Allegro Microsystems Stock Rating

Sell
24
Allegro Microsystems (ALGM) is a Sell

Is Allegro Microsystems overpriced?

  • Allegro Microsystems has fallen lower in 2 of those 3 years over the subsequent 52-week period, corresponding to a historical accuracy of 66.67%

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 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:
33.67
52-Week Low:
20.42

Prediction Charts

Market Cap:
4.13B
Price in USD:
22.44
Volume:
2.27M
Beta:
1.69

Technical Analysis

SMA50:
25.32
SMA100:
27.21
SMA200:
27.88
52-Wk Change:
-33.9%

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 22.44 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
Aug-26 24.99 24.46 25.14 24.42
Aug-27 24.20 24.59 24.95 23.93
Aug-28 24.44 24.04 24.86 23.65
Aug-29 24.48 24.42 25.20 24.24
Aug-30 25.00 24.53 25.14 24.30
Sep-3 24.32 23.18 24.59 23.15
Sep-4 22.90 22.67 23.23 22.52
Sep-5 22.45 22.67 23.23 22.05
Sep-6 22.46 21.27 22.50 21.24
Sep-9 21.78 22.17 22.97 21.65
Sep-10 22.11 21.62 22.11 21.09
Sep-11 21.79 21.83 21.87 20.95
Sep-12 21.70 21.13 21.85 21.08
Sep-13 21.31 22.44 22.60 21.31

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 $0.17 per share, an increase next quarter of $0.13 per share, an increase this year of $0.05 per share, and a decrease next year of $0.92 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.