NYSE:ALLG Allego (ALLG) Stock Forecast, Price & News $2.34 +0.04 (+1.74%) (As of 06/8/2023 ET) Add Compare Share Share Today's Range$2.31▼$2.4450-Day Range$1.88▼$2.4452-Week Range$1.85▼$8.01Volume42,119 shsAverage Volume84,151 shsMarket Capitalization$162.84 millionP/E RatioN/ADividend YieldN/APrice Target$7.10 ProfileProfileAnalyst RatingsChartCompetitorsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Allego MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside203.4% Upside$7.10 Price TargetShort InterestHealthy4.02% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.00Based on 5 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.1.97 out of 5 starsComputer And Technology Sector381st out of 599 stocksAutomotive Repair, Services & Parking Industry3rd out of 5 stocks 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 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $7.10, Allego has a forecasted upside of 203.4% from its current price of $2.34.Amount of Analyst CoverageAllego has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted4.02% of the float of Allego has been sold short.Short Interest Ratio / Days to CoverAllego has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Allego has recently decreased by 13.95%, indicating that investor sentiment is improving significantly. 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 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 5 news articles for Allego this week, compared to 1 article on an average week.MarketBeat Follows4 people have added Allego to their MarketBeat watchlist in the last 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.Percentage Held by InstitutionsOnly 34.24% of the stock of Allego is held by institutions. Previous Next 0.0 Earnings and Valuation Price to Book Value per Share RatioAllego has a P/B Ratio of 5.57. 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 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 Stock News HeadlinesJune 6, 2023 | benzinga.comAllego to Present at TD Cowen's Sustainability WeekJune 6, 2023 | fool.comAllego (NYSE: ALLG)June 8, 2023 | UNKNOWN (Ad)This NASDAQ Stock Is The Amazon Of Medical SupplyThis Little Known Company IS Quickly Becoming The Amazon Of Medical Supply. Learn More NowJune 6, 2023 | americanbankingnews.comContrasting Allego (NYSE:ALLG) & Monro (NASDAQ:MNRO)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 31, 2023 | americanbankingnews.comAllego (ALLG) Scheduled to Post Quarterly Earnings on MondayJune 8, 2023 | Behind the Markets (Ad)[BREAKING] Pentagon to Spend Billions on "Living Missile"Air Force Magazine calls it "transformational." The Wall Street Journal calls it one of the Pentagon's "highest priorities." National Defense Magazine reports "Eye-popping budget" for it. This small company won the first contract to build them!May 30, 2023 | finance.yahoo.comAllego Schedules Conference Call to Discuss First Quarter 2023 Financial ResultsMay 30, 2023 | americanbankingnews.comAllego (NYSE:ALLG) & Mister Car Wash (NYSE:MCW) Critical AnalysisMay 29, 2023 | americanbankingnews.comFinancial Survey: Allego (NYSE:ALLG) and Driven Brands (NASDAQ:DRVN)May 25, 2023 | msn.comDA Davidson Maintains Allego (ALLG) Buy RecommendationMay 24, 2023 | americanbankingnews.comDA Davidson Trims Allego (NYSE:ALLG) Target Price to $7.50May 19, 2023 | finance.yahoo.comAnalysts Have Been Trimming Their Allego N.V. (NYSE:ALLG) Price Target After Its Latest ReportMay 19, 2023 | msn.comWhy Allego Stock Was on Fire This WeekMay 18, 2023 | msn.comTD Cowen Maintains Allego (ALLG) Outperform RecommendationMay 17, 2023 | msn.comAllego GAAP EPS of -€1.21, revenue of €133.9MMay 16, 2023 | finanznachrichten.deAllego N.V.: Allego Reports Fourth Quarter and Full-Year 2022 Results; Demonstrates Strong Operating DynamicsMay 16, 2023 | finance.yahoo.comAllego Reports Fourth Quarter and Full-Year 2022 Results; Demonstrates Strong Operating DynamicsMay 16, 2023 | finance.yahoo.comAllego N.V. files Annual Report on Form 20-F for 2022May 11, 2023 | finance.yahoo.comAllego Schedules Conference Call to Discuss Fourth Quarter and Full Year 2022 Financial ResultsApril 18, 2023 | finance.yahoo.comWhy Investors Shouldn't Be Surprised By Allego N.V.'s (NYSE:ALLG) P/SFebruary 21, 2023 | finance.yahoo.comAllego commissions 4 electric vehicle fast-charging hubs on the VINCI Autoroutes networkFebruary 7, 2023 | finance.yahoo.comAllego to Participate in Citi’s 2023 Global Industrial Tech and Mobility ConferenceDecember 19, 2022 | finance.yahoo.comAllego Expands Credit Facility to €400 million, Securing Growth Capital Supporting its Significant BacklogDecember 8, 2022 | finance.yahoo.comAllego to Participate in dbAccess AutoTech ConferenceSee More Headlines ALLG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ALLG Company Calendar Today6/08/2023Fiscal 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/AEmployees1,700Year FoundedN/APrice Target and Rating Average Stock Price Forecast$7.10 High Stock Price Forecast$10.00 Low Stock Price Forecast$4.00 Forecasted Upside/Downside+203.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 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 Ratio11.28 Current Ratio1.83 Quick Ratio1.54 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 / Book5.57Miscellaneous Outstanding SharesN/AFree FloatN/AMarket Cap$162.84 million OptionableNot Optionable Beta0.42 Key ExecutivesMr. Mathieu Bonnet (Age 49)CEO & Director Mr. Ton Louwers (Age 56)COO & CFO Mr. Alexis Galley (Age 58)Chief Technology Officer Mr. Manish Amrat SomaiyaGroup Head of Investor Relations & Capital MarketsKey CompetitorsCangoNYSE:CANGLeo Holdings Corp. IINYSE:LHCBackblazeNASDAQ:BLZEAXTNASDAQ:AXTIMynaricNASDAQ:MYNAView All CompetitorsInstitutional OwnershipApollo Management Holdings L.P.Bought 18,706,989 shares on 5/16/2023Ownership: 27.112%Susquehanna International Group LLPSold 8,200 shares on 5/16/2023Ownership: 0.000%Renaissance Technologies LLCBought 49,845 shares on 5/12/2023Ownership: 0.072%ExodusPoint Capital Management LPBought 7,979 shares on 5/11/2023Ownership: 0.031%Simplex Trading LLCSold 16,900 shares on 4/27/2023Ownership: 0.000%View All Institutional Transactions ALLG Stock - Frequently Asked Questions Should I buy or sell Allego stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Allego in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities 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? 2 equities research analysts have issued 12 month target prices for Allego's shares. Their ALLG share price forecasts range from $4.00 to $10.00. On average, they anticipate the company's stock price to reach $7.10 in the next twelve months. This suggests a possible upside of 203.4% 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 at the beginning of 2023. Since then, ALLG shares have decreased by 25.5% and is now trading at $2.34. View the best growth stocks for 2023 here. Are investors shorting Allego? Allego saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 284,300 shares, a decrease of 14.0% from the April 30th total of 330,400 shares. Based on an average trading volume of 102,000 shares, the days-to-cover ratio is currently 2.8 days. Approximately 4.0% of the shares of the stock are sold short. View Allego's Short Interest. What ETFs hold Allego's stock? ETFs with the largest weight of Allego (NYSE:ALLG) stock in their portfolio include Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV).Carbon Collective Climate Solutions U.S. Equity ETF (CCSO). What guidance has Allego issued on next quarter's earnings? Allego updated its FY 2023 earnings guidance on Friday, May, 26th. The company provided EPS guidance of for the period. The company issued revenue guidance of $193.18 million-$236.11 million. What is Allego's stock symbol? Allego trades on the New York Stock Exchange (NYSE) under the ticker symbol "ALLG." Who are Allego's major shareholders? Allego's stock is owned by a variety of institutional and retail investors. Top institutional investors include Apollo Management Holdings L.P. (27.11%), Renaissance Technologies LLC (0.07%), ExodusPoint Capital Management LP (0.03%), Susquehanna International Group LLP (0.00%), Brave Asset Management Inc. (0.03%) and MCF Advisors LLC (0.03%). 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 $2.34. How much money does Allego make? Allego (NYSE:ALLG) has a market capitalization of $162.84 million and generates $141.10 million in revenue each year. How many employees does Allego have? The company employs 1,700 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 6/8/2023 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.