NYSE:ALLG Allego (ALLG) Stock Forecast, Price & News $2.22 +0.12 (+5.71%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$2.10▼$2.2450-Day Range$1.62▼$2.9952-Week Range$1.55▼$5.06Volume54,956 shsAverage Volume255,398 shsMarket CapitalizationN/AP/E RatioN/ADividend YieldN/APrice Target$5.88 ProfileProfileAnalyst RatingsChartCompetitorsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Allego MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside164.6% Upside$5.88 Price TargetShort InterestHealthy4.41% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.93Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.11 out of 5 stars 3.5 Analyst's Opinion Consensus RatingAllego has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $5.88, Allego has a forecasted upside of 164.6% from its current price of $2.22.Amount of Analyst CoverageAllego has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.41% of the float of Allego has been sold short.Short Interest Ratio / Days to CoverAllego has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Allego has recently increased by 3.80%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldAllego does not currently pay a dividend.Dividend GrowthAllego does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ALLG. Previous Next 3.8 News and Social Media Coverage News SentimentAllego has a news sentiment score of 0.93. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Allego this week, compared to 1 article on an average week.Search Interest1 people have searched for ALLG on MarketBeat in the last 30 days. MarketBeat Follows3 people have added Allego to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Allego insiders have not sold or bought any company stock.Percentage Held by Insiders82.70% of the stock of Allego is held by insiders. A high percentage of insider ownership can be a sign of company health. Previous Next 0.0 Earnings and Valuation Price to Book Value per Share RatioAllego has a P/B Ratio of 5.29. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Allego (NYSE:ALLG) StockAllego N.V. operates as an electric vehicle (EV) charging company. The company offers charging solutions for electric cars, motors, buses, and trucks. It has a charging network with renewable energy and charging solutions for business-to-business customers, including leading retail and auto brands. The company has approximately 28,000 charging ports in Europe. It also provides Allego EV Cloud, a customer payment tool that offers essential services to owned and third-party customers comprising authorization and billing, smart charging and load balancing, analysis, and customer support. The company was founded in 2013 and is based in Arnhem, the Netherlands.Read More ALLG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ALLG Stock News HeadlinesSeptember 29, 2023 | finance.yahoo.comAllego N.V. Announces Expiration and Results of Exchange Offer and Consent Solicitation Relating to its WarrantsSeptember 28, 2023 | americanbankingnews.comAllego (NYSE:ALLG) Trading Up 0.7%October 1, 2023 | Goldco (Ad)Ben Stein FREE Report: How Americans Are RUINING RetirementThere’s a new report just out from famed author, actor and economist Ben Stein. In this FREE REPORT, Ben reveals the lessons he learned from his late father and economist Herbert Stein. Discover how everyday Americans are currently ruining their retirements, and how YOU can save yours!September 22, 2023 | finance.yahoo.comAllego N.V. Announces Extension of Exchange Offer and Consent Solicitation Relating to WarrantsAugust 26, 2023 | marketwatch.comAllego Shares Hit 52-Week Low After Warrant Exchange OfferAugust 25, 2023 | msn.comAllego tumbles as it offers 3.17M shares in exchange for warrantsAugust 25, 2023 | finance.yahoo.comAllego N.V. Announces Commencement of Exchange Offer and Consent Solicitation Relating to WarrantsAugust 16, 2023 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Technology Companies: Edgio (EGIO) and Allego (ALLG)October 1, 2023 | Goldco (Ad)Ben Stein FREE Report: How Americans Are RUINING RetirementThere’s a new report just out from famed author, actor and economist Ben Stein. In this FREE REPORT, Ben reveals the lessons he learned from his late father and economist Herbert Stein. Discover how everyday Americans are currently ruining their retirements, and how YOU can save yours!August 16, 2023 | msn.comDA Davidson Reiterates Allego (ALLG) Buy RecommendationAugust 15, 2023 | finanznachrichten.deAllego N.V.: Allego Reports Solid First-Half 2023 ResultsAugust 15, 2023 | msn.comAllego GAAP EPS of -€0.15, revenue of €68.21M; reaffirms FY23 guidanceAugust 15, 2023 | finance.yahoo.comAllego Reports Solid First-Half 2023 ResultsAugust 9, 2023 | finance.yahoo.comAllego Schedules Conference Call to Discuss First Half and Second Quarter 2023 Financial ResultsAugust 8, 2023 | finance.yahoo.comThe past year for Allego (NYSE:ALLG) investors has not been profitableJune 20, 2023 | finanznachrichten.deAllego N.V.: Allego Enters into Long-Term Agreement with Esso Deutschland GmbH to Sell Compliance CreditsJune 20, 2023 | finance.yahoo.comAllego Enters into Long-Term Agreement with Esso Deutschland GmbH to Sell Compliance CreditsJune 16, 2023 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: Allego (ALLG) and Tyler Technologies (TYL)June 12, 2023 | msn.comAllego rips 25% gain with investors plugging back into EV charging sectorJune 6, 2023 | benzinga.comAllego to Present at TD Cowen's Sustainability WeekJune 6, 2023 | fool.comAllego (NYSE: ALLG)June 5, 2023 | finanznachrichten.deAllego N.V.: Allego Reports First Quarter 2023 Results; Allego Nearly Triples Charging Revenues in Q1 2023June 5, 2023 | finance.yahoo.comAllego Reports First Quarter 2023 Results; Allego Nearly Triples Charging Revenues in Q1 2023May 31, 2023 | finance.yahoo.comporta Group and Allego to Roll Out Fast-Charging Stations Across GermanyMay 30, 2023 | finance.yahoo.comAllego Schedules Conference Call to Discuss First Quarter 2023 Financial ResultsMay 25, 2023 | msn.comDA Davidson Maintains Allego (ALLG) Buy RecommendationMay 19, 2023 | msn.comWhy Allego Stock Was on Fire This WeekSee More Headlines Receive ALLG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Allego and its competitors with MarketBeat's FREE daily newsletter. Email Address ALLG Company Calendar Today10/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Automotive repair, services & parking Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:ALLG CUSIPN/A CIK1874474 Webwww.allego.eu Phone31-0-88-033-3033FaxN/AEmployees220Year FoundedN/APrice Target and Rating Average Stock Price Forecast$5.88 High Stock Price Forecast$8.00 Low Stock Price Forecast$4.00 Forecasted Upside/Downside+164.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity Ratio19.59 Current Ratio1.70 Quick Ratio1.36 Sales & Book Value Annual Sales$141.10 million Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value$0.42 per share Price / Book5.29Miscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableNot Optionable Beta0.76 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Mathieu J.J. Bonnet (Age 49)CEO & Exec. Director Mr. Ton Louwers (Age 56)Chief Financial Officer Mr. Alexis Galley (Age 58)Chief Technology Officer Mr. Manish Amrat SomaiyaGroup Head of Investor Relations & Capital MarketsKey CompetitorsBrightcoveNASDAQ:BCOVLightInTheBoxNYSE:LITBSemantixNASDAQ:STIXDHI GroupNYSE:DHXTransphormNASDAQ:TGANView All CompetitorsInstitutional OwnershipPoint72 Asset Management L.P.Bought 19,091 shares on 8/15/2023Ownership: 0.000%Citadel Advisors LLCBought 7,500 shares on 8/15/2023Ownership: 0.000%Palantir Technologies Inc.Sold 82,363 shares on 8/14/2023Ownership: 0.000%Simplex Trading LLCBought 800 shares on 8/4/2023Ownership: 0.000%View All Institutional Transactions ALLG Stock - Frequently Asked Questions Should I buy or sell Allego stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Allego in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" ALLG shares. View ALLG analyst ratings or view top-rated stocks. What is Allego's stock price forecast for 2023? 1 equities research analysts have issued twelve-month price targets for Allego's shares. Their ALLG share price forecasts range from $4.00 to $8.00. On average, they expect the company's share price to reach $5.88 in the next year. This suggests a possible upside of 164.6% from the stock's current price. View analysts price targets for ALLG or view top-rated stocks among Wall Street analysts. How have ALLG shares performed in 2023? Allego's stock was trading at $3.14 on January 1st, 2023. Since then, ALLG shares have decreased by 29.3% and is now trading at $2.22. View the best growth stocks for 2023 here. Are investors shorting Allego? Allego saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 313,400 shares, an increase of 37.6% from the August 15th total of 227,700 shares. Based on an average daily trading volume, of 112,300 shares, the days-to-cover ratio is presently 2.8 days. Currently, 4.3% of the shares of the company are short sold. View Allego's Short Interest. What guidance has Allego issued on next quarter's earnings? Allego updated its FY 2023 earnings guidance on Tuesday, August, 15th. The company provided EPS guidance of for the period. The company issued revenue guidance of $196.19 million-$217.99 million. What is Allego's stock symbol? Allego trades on the New York Stock Exchange (NYSE) under the ticker symbol "ALLG." How do I buy shares of Allego? Shares of ALLG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Allego's stock price today? One share of ALLG stock can currently be purchased for approximately $2.22. How many employees does Allego have? The company employs 220 workers across the globe. How can I contact Allego? Allego's mailing address is 9 West 57th Street 43rd Floor, New York NY, 10019. The official website for the company is www.allego.eu. The company can be reached via phone at 31-0-88-033-3033 or via email at manish.somaiya@allego.eu. This page (NYSE:ALLG) was last updated on 10/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Allego Please log in to your account or sign up in order to add this asset to your watchlist. 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