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Allegro MicroSystems (ALGM)

(Real Time Quote from BATS)

$30.36 USD

30.36
644,608

+0.26 (0.86%)

Updated Apr 29, 2024 03:10 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 Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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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

D Value C 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%.

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

Bottom 38% (156 out of 252)

Industry: Electronics - Semiconductors

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Better trading starts here.

Zacks News

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

by Zacks Equity Research

The average brokerage recommendation (ABR) for Allegro MicroSystems (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) Outperforms Broader Market: What You Need to Know

by Zacks Equity Research

In the closing of the recent trading day, Allegro MicroSystems, Inc. (ALGM) stood at $25.74, denoting a +0.23% change from the preceding trading day.

Allegro MicroSystems, Inc. (ALGM) is Attracting Investor Attention: Here is What You Should Know

by Zacks Equity Research

Recently, Zacks.com users have been paying close attention to Allegro MicroSystems (ALGM). This makes it worthwhile to examine what the stock has in store.

Allegro MicroSystems, Inc. (ALGM) Surpasses Market Returns: Some Facts Worth Knowing

by Zacks Equity Research

In the most recent trading session, Allegro MicroSystems, Inc. (ALGM) closed at $26.95, indicating a +0.56% shift from the previous trading day.

Allegro MicroSystems, Inc. (ALGM) is Attracting Investor Attention: Here is What You Should Know

by Zacks Equity Research

Recently, Zacks.com users have been paying close attention to Allegro MicroSystems (ALGM). This makes it worthwhile to examine what the stock has in store.

Allegro MicroSystems, Inc. (ALGM) Exceeds Market Returns: Some Facts to Consider

by Zacks Equity Research

In the latest trading session, Allegro MicroSystems, Inc. (ALGM) closed at $27.78, marking a +1.02% move from the previous day.

Allegro MicroSystems, Inc. (ALGM) Is a Trending Stock: Facts to Know Before Betting on It

by Zacks Equity Research

Allegro MicroSystems, Inc. (ALGM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

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

by Zacks Equity Research

Based on the average brokerage recommendation (ABR), Allegro MicroSystems, Inc. (ALGM) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?

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

by Zacks Equity Research

Based on the average brokerage recommendation (ABR), Allegro MicroSystems, Inc. (ALGM) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?

The Zacks Analyst Blog Highlights Silicon Motion Technology, NVIDIA, Allegro MicroSystems and Ambarella

by Zacks Equity Research

Silicon Motion Technology, NVIDIA, Allegro MicroSystems and Ambarella are part of the Zacks top Analyst Blog.

What's in Store for Allegro MicroSystems (ALGM) in Q3 Earnings?

by Zacks Equity Research

Allegro MicroSystems' (ALGM) third-quarter fiscal 2024 performance is likely to have been aided by strong momentum in TMR sensing technology and an expanded portfolio.

Anirudha Bhagat headshot

4 Semiconductor Stocks Poised to Beat Estimates This Earnings

by Anirudha Bhagat

Here, we have picked four semiconductor stocks, SIMO, NVDA, ALGM and AMBA, which are likely to pull off earnings surprises this earnings season.

Roper (ROP) to Report Q4 Earnings: What's in the Cards?

by Zacks Equity Research

Roper's (ROP) fourth-quarter earnings are expected to have benefited from the robust performance of the Application Software, Network Software and Tech-enabled Products segments.

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?

Allegro MicroSystems, Inc. (ALGM) Rises Higher Than Market: Key Facts

by Zacks Equity Research

In the closing of the recent trading day, Allegro MicroSystems, Inc. (ALGM) stood at $28.19, denoting a +0.43% change from the preceding trading day.

Will Allegro MicroSystems, Inc. (ALGM) Beat Estimates Again in Its Next Earnings Report?

by Zacks Equity Research

Allegro MicroSystems, Inc. (ALGM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Allegro MicroSystems, Inc. (ALGM) Suffers a Larger Drop Than the General Market: Key Insights

by Zacks Equity Research

Allegro MicroSystems, Inc. (ALGM) concluded the recent trading session at $26.89, signifying a -0.33% move from its prior day's close.

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

by Zacks Equity Research

Allegro MicroSystems, Inc. (ALGM) reachead $26.81 at the closing of the latest trading day, reflecting a -1.33% change compared to its last close.

Wall Street Analysts Think Allegro MicroSystems, Inc. (ALGM) Is a Good Investment: Is It?

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?

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

by Zacks Equity Research

Allegro MicroSystems, Inc. (ALGM) concluded the recent trading session at $30.27, signifying a -1.85% move from its prior day's close.

New Strong Sell Stocks for December 26th

by Zacks Equity Research

ALGM, ASHTY and GIB have been added to the Zacks Rank #5 (Strong Sell) List on December 26, 2023.

Allegro MicroSystems, Inc. (ALGM) Stock Slides as Market Rises: Facts to Know Before You Trade

by Zacks Equity Research

Allegro MicroSystems, Inc. (ALGM) closed at $30.69 in the latest trading session, marking a -1.67% move from the prior day.

Allegro MicroSystems, Inc. (ALGM) Increases Yet Falls Behind Market: What Investors Need to Know

by Zacks Equity Research

Allegro MicroSystems, Inc. (ALGM) closed the most recent trading day at $27.41, moving +0.18% from the previous trading session.

Here's Why Allegro MicroSystems, Inc. (ALGM) Fell More Than Broader Market

by Zacks Equity Research

In the latest trading session, Allegro MicroSystems, Inc. (ALGM) closed at $26.32, marking a -1.05% move from the previous day.

Investors Heavily Search Allegro MicroSystems, Inc. (ALGM): Here is What You Need to Know

by Zacks Equity Research

Recently, Zacks.com users have been paying close attention to Allegro MicroSystems, Inc. (ALGM). This makes it worthwhile to examine what the stock has in store.