Allegro MicroSystems, Inc. (ALGM)
Summary
Is ALGM Stock a Buy After a Big Run and Richer Valuation?
Allegro's revenue rebound, earnings leverage and margin recovery bolster the bull case, but a richer valuation leaves less room for execution missteps.
Allegro MicroSystems Trends Point to Higher Chip Content Ahead
ALGM is gaining from rising chip content in smarter vehicles, AI data centers and robotics, while margin gains could support earnings growth.
Allegro MicroSystems Stock Story Hinges on EVs, AI and Margins
ALGM's growth story now spans EVs, AI data centers and robotics, but margins, auto exposure and execution remain key to the stock.
Allegro MicroSystems, Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 578 | $16,448.55 | $28,521.41 | $12,072.86 | 73.4% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 306 | $9,648.18 | $14,741.55 | $5,093.37 | 52.79% |
 Bridgewater Associates LP Bridgewater Associates LP | 16,645 | $524,817 | $803,620.6 | $278,803.6 | 53.12% |
| YA Yinka Akinsola Blue Trust Inc. | 46 | $1,572.74 | $2,220.19 | $647.45 | 41.17% |
 Jeff Ameen Spire Wealth Management | 233 | $7,001.28 | $12,190.56 | $5,189.28 | 74.12% |
Allegro MicroSystems, Inc. Analysts
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TO Tom O'Malley Barclays | 189.55 | $9,376.78 | $8,419.9 | -$956.88 | -10.2% |
Allegro MicroSystems, Inc. (ALGM) FAQ
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Allegro MicroSystems, Inc. Profile
| Semiconductors & Semiconductor Equipment Industry | Information Technology Sector | Michael C. Doogue CEO | NASDAQ (NGS) Exchange | 01749D105 CUSIP |
| US Country | 4,593 Employees | - Last Dividend | - Last Split | 29 Oct 2020 IPO Date |
Overview
Allegro MicroSystems, Inc., operational with its subsidiaries, is deeply entrenched in the design, development, manufacture, and marketing of sensor integrated circuits (ICs) and application-specific analog power ICs aimed at motion control and energy-efficient systems. Established in 1990 and headquartered in Manchester, New Hampshire, it stands as a subsidiary of Sanken Electric Co., Ltd. Allegro MicroSystems extends its market reach by targeting original equipment manufacturers and suppliers primarily within the automotive and industrial sectors. The company ensures its global presence through its operations in the United States, rest of the Americas, Europe, Japan, Greater China, South Korea, and other Asian markets. Distribution is facilitated through a direct sales force, third-party distributors, independent sales representatives, and consignment, ensuring that Allegro's innovative solutions are widely accessible.
Products and Services
- Magnetic Sensor ICs:
These include a variety of position, speed, and current sensor ICs designed to accurately measure and report the parameters vital for efficient system control. These sensors are integral components in automotive, industrial, and consumer applications, providing precise real-time data.
- Power ICs:
Allegro’s power IC range encompasses motor driver ICs, regulator and LED driver ICs, and isolated gate drivers. These ICs are crafted to enhance power management and efficiency across a broad spectrum of applications, ensuring devices operate with optimal energy utilization.
- Photonic and Advanced 3D Sensing Components:
The range includes cutting-edge solutions for photonic and 3D sensing needs. These components harness light to measure distance, recognize gestures, and enhance the interaction between the physical and the digital in systems like advanced driver assistance systems (ADAS) and other applications requiring precise environmental recognition.
