Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of Allegro Microsystems Inc (NASDAQ: ALGM) closed at $33.67 in the last session, up 2.23% from day before closing price of $32.94. In other words, the price has increased by $2.23 from its previous closing price. On the day, 4.23 million shares were traded. ALGM stock price reached its highest trading level at $34.25 during the session, while it also had its lowest trading level at $33.059.
Ratios:
We take a closer look at ALGM’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 47.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 283.50. For the most recent quarter (mrq), Quick Ratio is recorded 2.66 and its Current Ratio is at 4.30. In the meantime, Its Debt-to-Equity ratio is 0.40 whereas as Long-Term Debt/Eq ratio is at 0.39.
On November 22, 2024, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $23.
On November 12, 2024, Loop Capital started tracking the stock assigning a Buy rating and target price of $30.Loop Capital initiated its Buy rating on November 12, 2024, with a $30 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 11 ’25 when Lury Richard R. sold 3,100 shares for $30.45 per share. The transaction valued at 94,395 led to the insider holds 19,925 shares of the business.
Lury Richard R. bought 3,100 shares of ALGM for $94,395 on Jun 11 ’25. On Jun 04 ’25, another insider, Lury Richard R., who serves as the Director of the company, sold 6,849 shares for $27.60 each. As a result, the insider received 189,036 and left with 23,025 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALGM now has a Market Capitalization of 6226424320 and an Enterprise Value of 6474326528. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.59 while its Price-to-Book (P/B) ratio in mrq is 6.68. Its current Enterprise Value per Revenue stands at 8.93 whereas that against EBITDA is 126.496.
Stock Price History:
The Beta on a monthly basis for ALGM is 1.71, which has changed by 0.19228041 over the last 52 weeks, in comparison to a change of 0.12463009 over the same period for the S&P500. Over the past 52 weeks, ALGM has reached a high of $33.26, while it has fallen to a 52-week low of $16.38. The 50-Day Moving Average of the stock is 34.63%, while the 200-Day Moving Average is calculated to be 43.25%.
Shares Statistics:
According to the various share statistics, ALGM traded on average about 2.93M shares per day over the past 3-months and 2132510 shares per day over the past 10 days. A total of 184.29M shares are outstanding, with a floating share count of 122.83M. Insiders hold about 33.57% of the company’s shares, while institutions hold 85.50% stake in the company. Shares short for ALGM as of 1749772800 were 12176994 with a Short Ratio of 4.15, compared to 1747267200 on 15071574. Therefore, it implies a Short% of Shares Outstanding of 12176994 and a Short% of Float of 12.479999999999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
