ALGM vs. RMBS, AMKR, WOLF, QRVO, IPGP, POWI, SLAB, TSEM, MTSI, and CRUS
Should you be buying Allegro MicroSystems stock or one of its competitors? The main competitors of Allegro MicroSystems include Rambus (RMBS), Amkor Technology (AMKR), Wolfspeed (WOLF), Qorvo (QRVO), IPG Photonics (IPGP), Power Integrations (POWI), Silicon Laboratories (SLAB), Tower Semiconductor (TSEM), MACOM Technology Solutions (MTSI), and Cirrus Logic (CRUS). These companies are all part of the "semiconductors & related devices" industry.
Allegro MicroSystems vs.
Allegro MicroSystems (NASDAQ:ALGM) and Rambus (NASDAQ:RMBS) are both mid-cap computer and technology companies, but which is the better business? We will contrast the two companies based on the strength of their community ranking, valuation, earnings, analyst recommendations, institutional ownership, dividends, profitability, media sentiment and risk.
Allegro MicroSystems has a net margin of 19.83% compared to Rambus' net margin of 11.76%. Allegro MicroSystems' return on equity of 22.37% beat Rambus' return on equity.
Rambus received 339 more outperform votes than Allegro MicroSystems when rated by MarketBeat users. However, 62.50% of users gave Allegro MicroSystems an outperform vote while only 61.43% of users gave Rambus an outperform vote.
46.9% of Allegro MicroSystems shares are owned by institutional investors. Comparatively, 86.0% of Rambus shares are owned by institutional investors. 13.6% of Allegro MicroSystems shares are owned by insiders. Comparatively, 1.0% of Rambus shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Allegro MicroSystems has higher revenue and earnings than Rambus. Allegro MicroSystems is trading at a lower price-to-earnings ratio than Rambus, indicating that it is currently the more affordable of the two stocks.
In the previous week, Rambus had 2 more articles in the media than Allegro MicroSystems. MarketBeat recorded 8 mentions for Rambus and 6 mentions for Allegro MicroSystems. Allegro MicroSystems' average media sentiment score of 1.37 beat Rambus' score of 0.81 indicating that Allegro MicroSystems is being referred to more favorably in the media.
Allegro MicroSystems presently has a consensus price target of $48.33, suggesting a potential upside of 22.42%. Rambus has a consensus price target of $55.17, suggesting a potential downside of 13.61%. Given Allegro MicroSystems' stronger consensus rating and higher possible upside, analysts clearly believe Allegro MicroSystems is more favorable than Rambus.
Allegro MicroSystems has a beta of 1.69, suggesting that its stock price is 69% more volatile than the S&P 500. Comparatively, Rambus has a beta of 1.31, suggesting that its stock price is 31% more volatile than the S&P 500.
Summary
Allegro MicroSystems beats Rambus on 12 of the 17 factors compared between the two stocks.
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.
Skip ChartMedia 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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