ALGM vs. CRUS, RMBS, SLAB, IPGP, POWI, TSEM, SYNA, FORM, DIOD, and MTSI
Should you be buying Allegro MicroSystems stock or one of its competitors? The main competitors of Allegro MicroSystems include Cirrus Logic (CRUS), Rambus (RMBS), Silicon Laboratories (SLAB), IPG Photonics (IPGP), Power Integrations (POWI), Tower Semiconductor (TSEM), Synaptics (SYNA), FormFactor (FORM), Diodes (DIOD), and MACOM Technology Solutions (MTSI). These companies are all part of the "computer and technology" sector.
Allegro MicroSystems (NASDAQ:ALGM) and Cirrus Logic (NASDAQ:CRUS) are both mid-cap computer and technology companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, media sentiment, risk, earnings, analyst recommendations, dividends, community ranking, institutional ownership and profitability.
Allegro MicroSystems presently has a consensus price target of $44.50, indicating a potential upside of 47.84%. Cirrus Logic has a consensus price target of $96.43, indicating a potential upside of 8.92%. Given Allegro MicroSystems' higher probable upside, research analysts clearly believe Allegro MicroSystems is more favorable than Cirrus Logic.
56.5% of Allegro MicroSystems shares are held by institutional investors. Comparatively, 88.0% of Cirrus Logic shares are held by institutional investors. 9.7% of Allegro MicroSystems shares are held by company insiders. Comparatively, 0.9% of Cirrus Logic shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Allegro MicroSystems has a beta of 1.82, meaning that its share price is 82% more volatile than the S&P 500. Comparatively, Cirrus Logic has a beta of 1, meaning that its share price has a similar volatility profile to the S&P 500.
Allegro MicroSystems has higher earnings, but lower revenue than Cirrus Logic. Allegro MicroSystems is trading at a lower price-to-earnings ratio than Cirrus Logic, indicating that it is currently the more affordable of the two stocks.
Cirrus Logic received 702 more outperform votes than Allegro MicroSystems when rated by MarketBeat users. Likewise, 71.47% of users gave Cirrus Logic an outperform vote while only 61.04% of users gave Allegro MicroSystems an outperform vote.
Allegro MicroSystems has a net margin of 21.14% compared to Cirrus Logic's net margin of 9.84%. Allegro MicroSystems' return on equity of 23.84% beat Cirrus Logic's return on equity.
In the previous week, Cirrus Logic had 3 more articles in the media than Allegro MicroSystems. MarketBeat recorded 7 mentions for Cirrus Logic and 4 mentions for Allegro MicroSystems. Allegro MicroSystems' average media sentiment score of 0.35 beat Cirrus Logic's score of -0.04 indicating that Allegro MicroSystems is being referred to more favorably in the media.
Summary
Allegro MicroSystems and Cirrus Logic tied by winning 9 of the 18 factors compared between the two stocks.
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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.
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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