As of close of business last night, Allego NV’s stock clocked out at $1.36, down -11.11% from its previous closing price of $1.53. In other words, the price has decreased by -$0.1700 from its previous closing price. On the day, 951820 shares were traded.
Ratios:
To gain a deeper understanding of ALLG’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.85 and its Current Ratio is at 1.21.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Citigroup on September 08, 2022, initiated with a Buy rating and assigned the stock a target price of $10.
On April 11, 2022, Cowen started tracking the stock assigning a Outperform rating and target price of $19.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALLG now has a Market Capitalization of 151.53M and an Enterprise Value of 151.53M. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.18. Its current Enterprise Value per Revenue stands at 3.14 whereas that against EBITDA is -1.22.
Stock Price History:
Over the past 52 weeks, ALLG has reached a high of $3.88, while it has fallen to a 52-week low of $0.57. The 50-Day Moving Average of the stock is 0.9934, while the 200-Day Moving Average is calculated to be 1.6755.
Shares Statistics:
It appears that ALLG traded 432.89K shares on average per day over the past three months and 2.44M shares per day over the past ten days. A total of 267.18M shares are outstanding, with a floating share count of 7.80M. Insiders hold about 97.08% of the company’s shares, while institutions hold 0.90% stake in the company. Shares short for ALLG as of Mar 15, 2024 were 271.56k with a Short Ratio of 0.63, compared to 234.66k on Feb 15, 2024.
Earnings Estimates
As of right now, 2 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.04 for the current quarter, with a high estimate of -$0.04 and a low estimate of -$0.04, while EPS last year was -$0.16. The consensus estimate for the next quarter is -$0.06, with high estimates of -$0.06 and low estimates of -$0.06.
Analysts are recommending an EPS of between -$0.35 and -$0.38 for the fiscal current year, implying an average EPS of -$0.36. EPS for the following year is -$0.09, with 2 analysts recommending between $0.07 and -$0.26.
Revenue Estimates
In the current quarter, 2 analysts expect revenue to total $83.79M. It ranges from a high estimate of $84.11M to a low estimate of $83.47M. As of the current estimate, Allego NV’s year-ago sales were $60.89M, an estimated increase of 37.60% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $68.99M, an increase of 77.80% over than the figure of $37.60% in the same quarter last year. There is a high estimate of $73M for the next quarter, whereas the lowest estimate is $64.98M.
A total of 3 analysts have provided revenue estimates for ALLG’s current fiscal year. The highest revenue estimate was $195.09M, while the lowest revenue estimate was $180.29M, resulting in an average revenue estimate of $185.43M. In the same quarter a year ago, actual revenue was $133.9M, up 38.50% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $293.72M in the next fiscal year. The high estimate is $310.86M and the low estimate is $275M. The average revenue growth estimate for next year is up 58.40% from the average revenue estimate for this year.
