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After finishing at $32.76 in the prior trading day, Allegro Microsystems Inc (NASDAQ: ALGM) closed at $33.7, up 2.87%. In other words, the price has increased by $2.87 from its previous closing price. On the day, 1.94 million shares were traded. ALGM stock price reached its highest trading level at $33.73 during the session, while it also had its lowest trading level at $32.54.
Ratios:
Our goal is to gain a better understanding of ALGM by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 47.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 283.79. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 6231972352 and an Enterprise Value of 6479873536. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.60 while its Price-to-Book (P/B) ratio in mrq is 6.68. Its current Enterprise Value per Revenue stands at 8.938 whereas that against EBITDA is 126.605.
Stock Price History:
The Beta on a monthly basis for ALGM is 1.74, which has changed by 0.41894734 over the last 52 weeks, in comparison to a change of 0.16932249 over the same period for the S&P500. Over the past 52 weeks, ALGM has reached a high of $38.45, while it has fallen to a 52-week low of $16.38. The 50-Day Moving Average of the stock is 7.34%, while the 200-Day Moving Average is calculated to be 35.83%.
Shares Statistics:
The stock has traded on average 2.42M shares per day over the past 3-months and 2410830 shares per day over the last 10 days, according to various share statistics. A total of 184.29M shares are outstanding, with a floating share count of 122.85M. Insiders hold about 33.57% of the company’s shares, while institutions hold 85.46% stake in the company. Shares short for ALGM as of 1752537600 were 12130237 with a Short Ratio of 5.01, compared to 1749772800 on 12176994. Therefore, it implies a Short% of Shares Outstanding of 12130237 and a Short% of Float of 12.43.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
