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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 5.5% 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 $20.51. The Score for ALGM is 8, which is 84% below its historic median score of 50, and infers higher risk than normal.
  • ALGM is currently trading in the 0-10% 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 5.5% based on the past 3 years of stock performance.

Allegro Microsystems Stock Rating

Sell
8
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 slight selling pressure.

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:
19.82

Prediction Charts

Market Cap:
3.77B
Price in USD:
20.51
Volume:
1.29M
Beta:
1.68

Technical Analysis

SMA50:
22.80
SMA100:
25.57
SMA200:
27.09
52-Wk Change:
-31.72%

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 20.51 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
Sep-27 24.37 24.31 24.76 24.12
Sep-30 23.98 23.28 24.27 23.01
Oct-1 23.31 22.04 23.31 21.62
Oct-2 22.21 21.70 22.28 21.67
Oct-3 21.55 21.09 21.62 20.89
Oct-4 21.71 21.45 21.73 21.04
Oct-7 21.28 21.05 21.46 20.80
Oct-8 20.79 20.77 20.99 20.41
Oct-9 20.75 20.81 20.92 20.27
Oct-10 20.36 20.54 20.64 19.82
Oct-11 20.14 21.25 21.42 20.08
Oct-14 21.34 21.59 21.72 20.92
Oct-15 21.46 20.46 21.79 20.38
Oct-16 20.88 20.51 20.88 20.27

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 $0.13 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 $0.93 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.