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S&P 500   4,282.37
DOW   33,762.76
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Stock market today: Asian stocks follow Wall St up after strong US jobs report
The “Amazon Secret Royalty Program” Can Help Anyone Retire Like Royalty (Ad)
US Navy says Iran Revolutionary Guard fast-attack boats 'harassed' ship in Strait of Hormuz
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
The “Amazon Secret Royalty Program” Can Help Anyone Retire Like Royalty (Ad)
Greek authorities rescue 91 migrants from river islet on border with Turkey
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
The “Amazon Secret Royalty Program” Can Help Anyone Retire Like Royalty (Ad)
Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
Switzerland's UBS says it could complete Credit Suisse takeover on June 12
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Stock market today: Asian stocks follow Wall St up after strong US jobs report
The “Amazon Secret Royalty Program” Can Help Anyone Retire Like Royalty (Ad)
US Navy says Iran Revolutionary Guard fast-attack boats 'harassed' ship in Strait of Hormuz
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
The “Amazon Secret Royalty Program” Can Help Anyone Retire Like Royalty (Ad)
Greek authorities rescue 91 migrants from river islet on border with Turkey
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
The “Amazon Secret Royalty Program” Can Help Anyone Retire Like Royalty (Ad)
Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
Switzerland's UBS says it could complete Credit Suisse takeover on June 12
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Stock market today: Asian stocks follow Wall St up after strong US jobs report
The “Amazon Secret Royalty Program” Can Help Anyone Retire Like Royalty (Ad)
US Navy says Iran Revolutionary Guard fast-attack boats 'harassed' ship in Strait of Hormuz
Apple is expected to unveil a sleek, pricey headset. Is it the device VR has been looking for?
The “Amazon Secret Royalty Program” Can Help Anyone Retire Like Royalty (Ad)
Greek authorities rescue 91 migrants from river islet on border with Turkey
Chuck Todd says he's leaving 'Meet the Press' after a tumultuous near-decade moderating the NBC political panel show
The “Amazon Secret Royalty Program” Can Help Anyone Retire Like Royalty (Ad)
Saudi Arabia to reduce oil output by 1 million barrels per day, while rest of OPEC+ extends previous cuts through 2024
Switzerland's UBS says it could complete Credit Suisse takeover on June 12
NASDAQ:ALGM

Allegro MicroSystems (ALGM) Competitors

$39.48
-0.01 (-0.03%)
(As of 06/2/2023 08:47 PM ET)
Compare
Today's Range
$38.65
$40.21
50-Day Range
$35.56
$47.99
52-Week Range
$19.20
$48.72
Volume
935,400 shs
Average Volume
1.59 million shs
Market Capitalization
$7.57 billion
P/E Ratio
41.13
Dividend Yield
N/A
Price Target
$48.33

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.

Company Net Margins Return on Equity Return on Assets
Allegro MicroSystems 19.83% 22.37% 18.45%
Rambus 11.76% 21.75% 16.78%

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.

CompanyUnderperformOutperform
Allegro MicroSystemsOutperform Votes
40
62.50%
Underperform Votes
24
37.50%
RambusOutperform Votes
379
61.43%
Underperform Votes
238
38.57%

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Allegro MicroSystems$973.65 million7.78$187.36 million$0.9641.13
Rambus$454.79 million15.28-$14.31 million$0.49130.33

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.

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

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.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Allegro MicroSystems
0 Sell rating(s)
0 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
3.00
Rambus
0 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.83

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.
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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$7.57B$27.64B$15.78B$6.28B
Dividend YieldN/A32.85%4.85%6.51%
P/E Ratio41.1330.00306.6612.21
Price / Sales7.7823.69846.9887.52
Price / Cash31.1033.3628.97103.58
Price / Book7.837.0518.036.89
Net Income$187.36M$1.01B$526.82M$193.27M
7 Day Performance-0.63%1.46%1.56%2.27%
1 Month Performance7.96%18.49%7.01%5.71%
1 Year Performance57.42%-1.22%-4.31%1.69%

Allegro MicroSystems Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RMBS
Rambus
2.1366 of 5 stars
$65.54
-1.5%
$55.17
-15.8%
+151.7%$7.13B$454.79M133.76690
AMKR
Amkor Technology
2.7691 of 5 stars
$25.37
+0.4%
$32.00
+26.1%
+28.3%$6.23B$7.09B9.7631,300
WOLF
Wolfspeed
1.9032 of 5 stars
$49.83
-2.7%
$81.83
+64.2%
-34.3%$6.20B$746.20M-33.674,017
QRVO
Qorvo
2.6407 of 5 stars
$99.28
-0.8%
$108.78
+9.6%
-10.1%$9.80B$3.57B107.918,500
IPGP
IPG Photonics
2.3434 of 5 stars
$113.80
-0.7%
$135.00
+18.6%
+10.7%$5.38B$1.43B59.276,230
POWI
Power Integrations
2.0682 of 5 stars
$88.41
-1.2%
$86.43
-2.2%
+6.4%$5.07B$575.29M38.78773Dividend Announcement
SLAB
Silicon Laboratories
2.3412 of 5 stars
$145.16
-2.8%
$176.00
+21.2%
-1.8%$4.63B$1.04B61.251,964
TSEM
Tower Semiconductor
0 of 5 stars
$40.43
+3.9%
N/A-20.7%$4.42B$1.68B15.925,613Positive News
Gap Up
MTSI
MACOM Technology Solutions
2.0452 of 5 stars
$60.09
-1.7%
$69.40
+15.5%
+12.1%$4.26B$675.17M13.121,200Analyst Revision
Positive News
CRUS
Cirrus Logic
2.8326 of 5 stars
$77.52
-1.4%
$100.00
+29.0%
-3.2%$4.25B$1.90B25.251,702

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This page (NASDAQ:ALGM) was last updated on 6/5/2023 by MarketBeat.com Staff

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