Allegro MicroSystems (ALGM) Competitors

$28.54
+1.27 (+4.66%)
(As of 05/14/2024 ET)

ALGM vs. RMBS, CRUS, FORM, MTSI, IPGP, SLAB, POWI, TSEM, AMKR, and SYNA

Should you be buying Allegro MicroSystems stock or one of its competitors? The main competitors of Allegro MicroSystems include Rambus (RMBS), Cirrus Logic (CRUS), FormFactor (FORM), MACOM Technology Solutions (MTSI), IPG Photonics (IPGP), Silicon Laboratories (SLAB), Power Integrations (POWI), Tower Semiconductor (TSEM), Amkor Technology (AMKR), and Synaptics (SYNA). These companies are all part of the "semiconductors & related devices" industry.

Allegro MicroSystems vs.

Rambus (NASDAQ:RMBS) and Allegro MicroSystems (NASDAQ:ALGM) are both mid-cap computer and technology companies, but which is the better stock? We will compare the two businesses based on the strength of their profitability, earnings, media sentiment, analyst recommendations, dividends, risk, institutional ownership, valuation and community ranking.

88.5% of Rambus shares are owned by institutional investors. Comparatively, 56.5% of Allegro MicroSystems shares are owned by institutional investors. 1.0% of Rambus shares are owned by company insiders. Comparatively, 9.7% of Allegro MicroSystems shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

In the previous week, Allegro MicroSystems had 23 more articles in the media than Rambus. MarketBeat recorded 36 mentions for Allegro MicroSystems and 13 mentions for Rambus. Allegro MicroSystems' average media sentiment score of 0.80 beat Rambus' score of 0.17 indicating that Rambus is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Rambus
6 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Allegro MicroSystems
5 Very Positive mention(s)
1 Positive mention(s)
12 Neutral mention(s)
5 Negative mention(s)
3 Very Negative mention(s)
Neutral

Rambus received 336 more outperform votes than Allegro MicroSystems when rated by MarketBeat users. However, 63.41% of users gave Allegro MicroSystems an outperform vote while only 61.49% of users gave Rambus an outperform vote.

CompanyUnderperformOutperform
RambusOutperform Votes
388
61.49%
Underperform Votes
243
38.51%
Allegro MicroSystemsOutperform Votes
52
63.41%
Underperform Votes
30
36.59%

Rambus has a beta of 1.18, indicating that its stock price is 18% more volatile than the S&P 500. Comparatively, Allegro MicroSystems has a beta of 1.72, indicating that its stock price is 72% more volatile than the S&P 500.

Rambus presently has a consensus target price of $80.00, indicating a potential upside of 38.91%. Allegro MicroSystems has a consensus target price of $37.11, indicating a potential upside of 31.69%. Given Allegro MicroSystems' stronger consensus rating and higher probable upside, research analysts plainly believe Rambus is more favorable than Allegro MicroSystems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Rambus
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
3.00
Allegro MicroSystems
0 Sell rating(s)
1 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.88

Rambus has higher earnings, but lower revenue than Allegro MicroSystems. Rambus is trading at a lower price-to-earnings ratio than Allegro MicroSystems, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Rambus$461.12M13.46$333.90M$3.2717.61
Allegro MicroSystems$1.05B5.20$152.70M$0.7836.26

Rambus has a net margin of 78.14% compared to Rambus' net margin of 14.55%. Rambus' return on equity of 20.67% beat Allegro MicroSystems' return on equity.

Company Net Margins Return on Equity Return on Assets
Rambus78.14% 16.99% 13.98%
Allegro MicroSystems 14.55%20.67%16.17%

Summary

Rambus and Allegro MicroSystems tied by winning 9 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ALGM and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ALGM vs. The Competition

MetricAllegro MicroSystemsSemiconductors & related devices IndustryComputer SectorNASDAQ Exchange
Market Cap$5.46B$46.29B$19.86B$7.84B
Dividend YieldN/A2.14%2.72%3.93%
P/E Ratio36.2618.75225.6714.99
Price / Sales5.2015.63548.8977.39
Price / Cash17.6324.1728.4828.46
Price / Book4.835.987.054.47
Net Income$152.70M$921.55M$625.23M$216.24M
7 Day Performance-6.64%1.04%1.24%1.38%
1 Month Performance5.37%2.36%2.05%1.70%
1 Year Performance-25.62%25.60%33.19%10.98%

Allegro MicroSystems Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RMBS
Rambus
4.1188 of 5 stars
$56.34
-1.1%
$77.75
+38.0%
+14.8%$6.07B$461.12M17.23623Analyst Forecast
Short Interest ↑
CRUS
Cirrus Logic
4.0492 of 5 stars
$91.13
+1.2%
$96.43
+5.8%
+37.3%$4.91B$1.90B28.931,702Insider Selling
FORM
FormFactor
3.2703 of 5 stars
$56.03
+1.4%
$47.30
-15.6%
+94.9%$4.35B$663.10M42.452,115Insider Selling
MTSI
MACOM Technology Solutions
3.1948 of 5 stars
$103.00
-0.5%
$108.33
+5.2%
+84.5%$7.43B$648.41M117.051,500Analyst Forecast
Insider Selling
IPGP
IPG Photonics
4.6578 of 5 stars
$89.49
+1.3%
$110.40
+23.4%
-19.2%$4.08B$1.29B23.066,180
SLAB
Silicon Laboratories
0.6232 of 5 stars
$126.12
+1.1%
$135.00
+7.0%
-5.1%$4.03B$782.26M-38.101,846Analyst Upgrade
Positive News
POWI
Power Integrations
4.5912 of 5 stars
$70.17
+0.7%
$87.40
+24.6%
-2.2%$3.99B$444.54M72.34819Dividend Announcement
Insider Selling
TSEM
Tower Semiconductor
3.8795 of 5 stars
$34.67
+2.5%
$36.33
+4.8%
-9.7%$3.79B$1.42B7.465,215Earnings Report
AMKR
Amkor Technology
4.8998 of 5 stars
$32.78
+1.3%
$37.67
+14.9%
+54.3%$8.06B$6.50B21.5728,700Short Interest ↑
SYNA
Synaptics
2.2234 of 5 stars
$91.47
+0.3%
$122.67
+34.1%
+20.2%$3.59B$1.36B-45.961,891Earnings Report
News Coverage

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This page (NASDAQ:ALGM) was last updated on 5/14/2024 by MarketBeat.com Staff

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