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Allegro MicroSystems (ALGM)

(Delayed Data from NSDQ)

$31.78 USD

31.78
1,034,851

-1.37 (-4.13%)

Updated Jul 17, 2024 04:00 PM ET

After-Market: $31.78 0.00 (0.00%) 6:28 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

F Value F Growth D Momentum F VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 34% (86 out of 250)

Industry: Electronics - Semiconductors

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Better trading starts here.

Zacks News

New Strong Buy Stocks for June 9th

by Zacks Equity Research

AMR, CCU, DHC, MTH and ALGM have been added to the Zacks Rank #1 (Strong Buy) List on June 9, 2023.

Allegro MicroSystems, Inc. (ALGM) Stock Sinks As Market Gains: What You Should Know

by Zacks Equity Research

In the latest trading session, Allegro MicroSystems, Inc. (ALGM) closed at $39.50, marking a -0.15% move from the previous day.

Macroeconomic Headwinds Take a Toll on Semiconductor Sales

by Zacks Equity Research

Per the latest report by Semiconductor Industry Association (SIA), global semiconductor sales in April 2023 plunge 21.6% on a year-over-year basis due to a cyclical downturn and sluggish macroeconomic conditions.

Best Momentum Stocks to Buy for June 7th

by Zacks Equity Research

PAY, TAST and ALGM made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on June 7, 2023.

Wall Street Bulls Look Optimistic About Allegro MicroSystems, Inc. (ALGM): Should You Buy?

by Zacks Equity Research

According to the average brokerage recommendation (ABR), one should invest in Allegro MicroSystems, Inc. (ALGM). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?

New Strong Buy Stocks for June 7th

by Zacks Equity Research

PAY, TAST, DHC, VWAGY and ALGM have been added to the Zacks Rank #1 (Strong Buy) List on June 7, 2023.

Allegro MicroSystems, Inc. (ALGM) Stock Sinks As Market Gains: What You Should Know

by Zacks Equity Research

Allegro MicroSystems, Inc. (ALGM) closed at $39.48 in the latest trading session, marking a -0.03% move from the prior day.

Has Allegro MicroSystems (ALGM) Outpaced Other Computer and Technology Stocks This Year?

by Zacks Equity Research

Here is how Allegro MicroSystems, Inc. (ALGM) and Bentley Systems, Incorporated (BSY) have performed compared to their sector so far this year.

Allegro MicroSystems, Inc. (ALGM) Just Overtook the 20-Day Moving Average

by Zacks Equity Research

Good things could be on the horizon when a stock surpasses the 20-day simple moving average. How should investors react?

Why Allegro MicroSystems, Inc. (ALGM) Might be Well Poised for a Surge

by Zacks Equity Research

Allegro MicroSystems, Inc. (ALGM) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Wall Street Analysts See a 33.82% Upside in Allegro MicroSystems, Inc. (ALGM): Can the Stock Really Move This High?

by Zacks Equity Research

The mean of analysts' price targets for Allegro MicroSystems, Inc. (ALGM) points to a 33.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Is First Trust Mid Cap Growth AlphaDEX ETF (FNY) a Strong ETF Right Now?

by Zacks Equity Research

Smart Beta ETF report for FNY

Best Momentum Stocks to Buy for May 25th

by Zacks Equity Research

BLKB, ROL and ALGM made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on May 25, 2023.

Is It Worth Investing in Allegro MicroSystems, Inc. (ALGM) Based on Wall Street's Bullish Views?

by Zacks Equity Research

According to the average brokerage recommendation (ABR), one should invest in Allegro MicroSystems, Inc. (ALGM). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?

Are Computer and Technology Stocks Lagging Allegro MicroSystems (ALGM) This Year?

by Zacks Equity Research

Here is how Allegro MicroSystems, Inc. (ALGM) and SentinelOne (S) have performed compared to their sector so far this year.

Allegro MicroSystems, Inc. (ALGM) Q4 Earnings Beat Estimates

by Zacks Equity Research

Allegro MicroSystems, Inc. (ALGM) delivered earnings and revenue surprises of 2.78% and 9.23%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

What's in Store for Allegro MicroSystems' (ALGM) Q4 Earnings?

by Zacks Equity Research

Allegro MicroSystems' (ALGM) fourth-quarter fiscal 2023 performance will likely reflect the positive impact of increased demand and internal supply capacity despite macro uncertainties.

Is Allegro MicroSystems, Inc. (ALGM) a Buy as Wall Street Analysts Look Optimistic?

by Zacks Equity Research

The average brokerage recommendation (ABR) for Allegro MicroSystems, Inc. (ALGM) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?

Should First Trust Mid Cap Growth AlphaDEX ETF (FNY) Be on Your Investing Radar?

by Zacks Equity Research

Style Box ETF report for FNY

Allegro MicroSystems, Inc. (ALGM) Gains But Lags Market: What You Should Know

by Zacks Equity Research

Allegro MicroSystems, Inc. (ALGM) closed the most recent trading day at $35.77, moving +0.59% from the previous trading session.

Allegro MicroSystems, Inc. (ALGM) Dips More Than Broader Markets: What You Should Know

by Zacks Equity Research

In the latest trading session, Allegro MicroSystems, Inc. (ALGM) closed at $38.44, marking a -0.9% move from the previous day.

Allegro MicroSystems, Inc. (ALGM) Dips More Than Broader Markets: What You Should Know

by Zacks Equity Research

Allegro MicroSystems, Inc. (ALGM) closed at $43.64 in the latest trading session, marking a -1.58% move from the prior day.

Brokers Suggest Investing in Allegro MicroSystems, Inc. (ALGM): Read This Before Placing a Bet

by Zacks Equity Research

The average brokerage recommendation (ABR) for Allegro MicroSystems, Inc. (ALGM) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?

Allegro MicroSystems, Inc. (ALGM) Stock Moves -1.82%: What You Should Know

by Zacks Equity Research

Allegro MicroSystems, Inc. (ALGM) closed the most recent trading day at $45.36, moving -1.82% from the previous trading session.

Are Computer and Technology Stocks Lagging Allegro MicroSystems (ALGM) This Year?

by Zacks Equity Research

Here is how Allegro MicroSystems, Inc. (ALGM) and ASE Technology Hldg (ASX) have performed compared to their sector so far this year.