ALGM RSI Chart
Last 7 days
-6.5%
Last 30 days
-1.0%
Last 90 days
-12.2%
Trailing 12 Months
-26.9%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 973.7M | 1.0B | 1.1B | 1.1B |
2022 | 768.7M | 798.3M | 842.3M | 904.5M |
2021 | 591.2M | 664.3M | 721.3M | 743.5M |
2020 | 650.1M | 612.6M | 586.1M | 590.7M |
2019 | 724.3M | 0 | 699.6M | 674.8M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Apr 03, 2024 | raubacher jennie | acquired | - | - | 2,171 | - |
Mar 08, 2024 | glover max r. | sold | -476,486 | 31.7657 | -15,000 | svp of worldwide sales |
Feb 14, 2024 | schorr paul iv | acquired | - | - | 3,326 | - |
Feb 13, 2024 | briansky sharon | sold (taxes) | -165,929 | 30.34 | -5,469 | svp, gc and secretary |
Feb 13, 2024 | d'antilio derek | sold (taxes) | -325,396 | 30.34 | -10,725 | svp, cfo & treasurer |
Nov 21, 2023 | doogue michael | acquired | - | - | 70,287 | svp, cto |
Nov 21, 2023 | doogue michael | sold | - | - | -70,287 | svp, cto |
Nov 17, 2023 | doogue michael | sold (taxes) | -1,278,790 | 28.04 | -45,606 | svp, cto |
Nov 17, 2023 | valente joanne | sold (taxes) | -428,563 | 28.04 | -15,284 | svp, chro |
Nov 17, 2023 | nargolwala vineet a | bought | 27,840 | 27.84 | 1,000 | president and ceo |
Which funds bought or sold ALGM recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 10, 2024 | JPMORGAN CHASE & CO | added | 26.00 | 16,601,600 | 152,436,000 | 0.01% |
May 10, 2024 | GROUP ONE TRADING, L.P. | reduced | -66.8 | -75,894 | 31,867 | -% |
May 10, 2024 | Campbell & CO Investment Adviser LLC | sold off | -100 | -352,070 | - | -% |
May 10, 2024 | WealthCollab, LLC | unchanged | - | -572 | 4,665 | -% |
May 10, 2024 | Vontobel Holding Ltd. | reduced | -50.9 | -1,976,690 | 1,536,240 | 0.01% |
May 10, 2024 | OSAIC HOLDINGS, INC. | reduced | -19.29 | -150,812 | 385,528 | -% |
May 10, 2024 | Covestor Ltd | reduced | -36.05 | -76,000 | 100,000 | 0.06% |
May 10, 2024 | MACKENZIE FINANCIAL CORP | added | 276 | 504,307 | 718,376 | -% |
May 10, 2024 | VANGUARD GROUP INC | added | 13.51 | 2,463,940 | 226,466,000 | -% |
May 10, 2024 | CIBC Private Wealth Group, LLC | new | - | 2,524 | 2,524 | -% |
Unveiling Allegro MicroSystems Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Allegro MicroSystems Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
NVDA | 2.3T | 60.9B | 75.94 | 37.1 | ||||
AMD | 243.4B | 22.8B | 218.06 | 10.67 | ||||
AMAT | 171.7B | 26.5B | 23.99 | 6.48 | ||||
INTC | 129.8B | 55.2B | 31.92 | 2.35 | ||||
ADI | 103.3B | 11.6B | 36.7 | 8.93 | ||||
MID-CAP | ||||||||
AMKR | 8.0B | 6.4B | 21.51 | 1.26 | ||||
CRUS | 5.7B | 1.8B | 32.51 | 3.2 | ||||
ACLS | 3.7B | 1.1B | 14.8 | 3.28 | ||||
DIOD | 3.2B | 1.5B | 18.8 | 2.14 | ||||
AMBA | 1.9B | 226.5M | -11.09 | 8.29 | ||||
SMALL-CAP | ||||||||
ACMR | 1.4B | 635.7M | 16.19 | 2.23 | ||||
AOSL | 774.9M | 657.5M | -81.98 | 1.18 | ||||
AEHR | 322.1M | 71.9M | 20.91 | 4.48 | ||||
ATOM | 118.8M | 550.0K | -6.07 | 216.08 | ||||
ASYS | 73.5M | 108.8M | -3.43 | 0.68 |
Allegro MicroSystems Inc News
Income Statement (Quarterly) | ||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q1 |
Revenue | -7.4% | 255 | 276 | 278 | 269 | 249 | 238 | 218 | 200 | 187 | 194 | 188 | 175 | 164 | 137 | 115 | 175 | 160 | 163 | - |
Gross Profit | -16.1% | 134 | 160 | 158 | 153 | 143 | 132 | 118 | 110 | 101 | 103 | 94.00 | 87.00 | 74.00 | 62.00 | 56.00 | 72.00 | 62.00 | 69.00 | - |
Operating Expenses | 12.2% | 97.00 | 87.00 | 87.00 | 90.00 | 77.00 | 72.00 | 104 | 79.00 | 66.00 | 64.00 | 62.00 | 68.00 | 99.00 | 49.00 | 51.00 | 53.00 | 50.00 | 54.00 | - |
S&GA Expenses | 22.2% | 53.00 | 43.00 | 44.00 | 51.00 | 37.00 | 37.00 | 70.00 | 47.00 | 38.00 | 34.00 | 32.00 | 35.00 | 68.00 | 24.00 | 27.00 | 28.00 | 25.00 | 28.00 | - |
R&D Expenses | 2.2% | 44.00 | 43.00 | 43.00 | 42.00 | 40.00 | 36.00 | 34.00 | 32.00 | 30.00 | 30.00 | 30.00 | 28.00 | 31.00 | 25.00 | 24.00 | 24.00 | 25.00 | 26.00 | - |
EBITDA Margin | -7.8% | 0.29* | 0.32* | 0.31* | 0.27* | 0.25* | 0.23* | 0.21* | 0.25* | 0.24* | 0.15* | 0.12* | 0.09* | - | - | - | - | - | - | - |
Interest Expenses | 408.4% | 4.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | - | 0.00 | 1.00 | 2.00 | -0.05 | 0.00 | 2.00 | 0.00 | - | - |
Income Taxes | -59.9% | 3.00 | 7.00 | 7.00 | 6.00 | 8.00 | 8.00 | 2.00 | 5.00 | 6.00 | 6.00 | 4.00 | 8.00 | -30.52 | 2.00 | 1.00 | 4.00 | 2.00 | 3.00 | - |
Earnings Before Taxes | -50.2% | 36.00 | 73.00 | 68.00 | 68.00 | 72.00 | 59.00 | 12.00 | 30.00 | 39.00 | 39.00 | 32.00 | 17.00 | -35.58 | 12.00 | 5.00 | 18.00 | 11.00 | 14.00 | - |
EBT Margin | -13.2% | 0.23* | 0.26* | 0.26* | 0.22* | 0.19* | 0.17* | 0.15* | 0.18* | 0.17* | 0.07* | 0.04* | 0.00* | - | - | - | - | - | - | - |
Net Income | -49.2% | 33.00 | 66.00 | 61.00 | 62.00 | 65.00 | 51.00 | 10.00 | 26.00 | 33.00 | 33.00 | 28.00 | 9.00 | -5.09 | 10.00 | 5.00 | 13.00 | 9.00 | 12.00 | - |
Net Income Margin | -12.8% | 0.21* | 0.24* | 0.23* | 0.19* | 0.17* | 0.14* | 0.13* | 0.16* | 0.14* | 0.09* | 0.06* | 0.03* | - | - | - | - | - | - | - |
Free Cashflow | 145.6% | 38.00 | 16.00 | 5.00 | 17.00 | 40.00 | 34.00 | 22.00 | 23.00 | 27.00 | 13.00 | 23.00 | 42.00 | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q1 |
Assets | 21.8% | 1,565 | 1,285 | 1,234 | 1,181 | 1,084 | 980 | 926 | 893 | 851 | 803 | 797 | 748 | 712 | 780 | 799 | 818 | 752 |
Current Assets | -23.1% | 549 | 715 | 700 | 666 | 620 | 545 | 529 | 512 | 469 | 446 | 453 | 431 | 379 | 407 | - | 448 | 367 |
Cash Equivalents | -42.1% | 214 | 370 | 353 | 352 | 344 | 303 | 296 | 290 | 259 | 249 | 222 | 197 | 158 | 202 | 216 | 214 | 100 |
Inventory | -4.4% | 166 | 173 | 174 | 151 | 120 | 98.00 | 89.00 | 86.00 | 79.00 | 78.00 | 82.00 | 87.00 | 94.00 | 105 | - | 127 | 131 |
Net PPE | 4.4% | 326 | 312 | 285 | 263 | 232 | 219 | 215 | 210 | 208 | 198 | 197 | 192 | 214 | 218 | - | 332 | 347 |
Goodwill | 674.9% | 215 | 28.00 | 28.00 | 28.00 | 28.00 | 28.00 | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 | 20.00 | - | 1.00 | 1.00 |
Liabilities | 130.3% | 430 | 187 | 206 | 214 | 190 | 164 | 163 | 157 | 156 | 147 | 178 | 161 | 135 | 144 | 164 | 184 | 162 |
Current Liabilities | -10.5% | 120 | 134 | 154 | 165 | 137 | 113 | 112 | 104 | 101 | 88.00 | 119 | 117 | 89.00 | 123 | - | 150 | 104 |
Long Term Debt | - | 250 | - | - | 25.00 | - | - | - | - | - | - | - | - | - | - | - | - | - |
LT Debt, Non Current | - | 250 | - | - | 25.00 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Shareholder's Equity | 3.3% | 1,134 | 1,098 | 1,028 | 966 | 895 | 816 | 763 | 735 | 696 | 657 | 619 | 587 | 577 | 636 | 624 | 634 | 590 |
Retained Earnings | 7.6% | 470 | 437 | 371 | 310 | 248 | 184 | 133 | 123 | 97.00 | 64.00 | 31.00 | 4.00 | -5.09 | 209 | - | 194 | 157 |
Additional Paid-In Capital | 0.0% | 684 | 684 | 675 | 674 | 668 | 662 | 652 | 628 | 612 | 604 | 597 | 592 | 589 | 440 | - | 459 | 448 |
Shares Outstanding | 0.3% | 193 | 192 | 192 | 192 | 191 | 191 | 191 | 190 | 190 | 190 | 190 | 83.00 | - | - | - | - | - |
Minority Interest | 4.6% | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | - | 1.00 | 1.00 |
Cashflow (Quarterly) | ||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q1 |
Cashflow From Operations | 55.3% | 72,558 | 46,730 | 49,663 | 47,548 | 53,854 | 55,251 | 36,553 | 37,571 | 48,682 | 31,381 | 38,495 | 57,036 | 34,894 | 2,974 | 25,666 | 32,649 | 21,054 | - | - |
Share Based Compensation | 0.4% | 10,920 | 10,877 | 11,042 | 10,556 | 8,902 | 8,204 | 34,136 | 14,901 | 7,620 | 6,196 | 4,831 | 2,969 | 45,876 | 580 | 445 | 384 | 303 | - | - |
Cashflow From Investing | -1671.0% | -442,518 | -24,987 | -34,939 | -30,405 | -14,343 | -40,559 | -14,389 | -16,148 | -26,826 | -7,951 | -15,346 | -17,844 | -7,757 | -18,335 | -24,309 | -10,618 | -16,782 | - | - |
Cashflow From Financing | 4620.6% | 213,915 | -4,732 | -11,035 | -3,304 | -2,098 | -5,459 | -9,137 | 902 | -7,500 | 1,291 | - | - | -72,186 | - | - | 52,500 | - | - | - |
Dividend Payments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Dec. 29, 2023 | Dec. 23, 2022 | Dec. 29, 2023 | Dec. 23, 2022 | |
Net sales | $ 254,984 | $ 248,789 | $ 808,786 | $ 704,208 |
Cost of goods sold | 121,156 | 84,776 | 354,561 | 247,805 |
Cost of goods sold to related party | 0 | 21,419 | 2,944 | 63,413 |
Gross profit | 133,828 | 142,594 | 451,281 | 392,990 |
Operating expenses: | ||||
Research and development | 44,396 | 39,593 | 130,799 | 109,017 |
Selling, general and administrative | 52,746 | 37,373 | 140,135 | 143,770 |
Total operating expenses | 97,142 | 76,966 | 270,934 | 252,787 |
Operating income | 36,686 | 65,628 | 180,347 | 140,203 |
Other income (expense): | ||||
Interest expense | (3,854) | (613) | (5,381) | (1,581) |
Interest income | 857 | 360 | 2,550 | 1,144 |
Other income (expense), net | 2,682 | 6,716 | 30 | 3,659 |
Income before income taxes | 36,371 | 72,091 | 177,546 | 143,425 |
Income tax provision | 2,969 | 7,540 | 17,584 | 17,943 |
Net income | 33,402 | 64,551 | 159,962 | 125,482 |
Net income attributable to non-controlling interests | 57 | 32 | 150 | 102 |
Net income attributable to Allegro MicroSystems, Inc. | $ 33,345 | $ 64,519 | $ 159,812 | $ 125,380 |
Net income per common share attributable to Allegro MicroSystems, Inc.: | ||||
Basic (in dollars per share) | $ 0.17 | $ 0.34 | $ 0.83 | $ 0.66 |
Diluted (in dollars per share) | $ 0.17 | $ 0.33 | $ 0.82 | $ 0.65 |
Weighted average shares outstanding: | ||||
Basic (in shares) | 192,724,541 | 191,328,538 | 192,384,315 | 191,082,141 |
Diluted (in shares) | 194,570,380 | 193,935,908 | 194,925,040 | 193,100,762 |
Net sales | ||||
Net sales | $ 254,984 | $ 203,672 | $ 802,625 | $ 572,356 |
Net sales to related party | ||||
Net sales | $ 0 | $ 45,117 | $ 6,161 | $ 131,852 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 29, 2023 | Mar. 31, 2023 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 214,308 | $ 351,576 |
Restricted cash | 9,427 | 7,129 |
Trade accounts receivable, net | 114,324 | 111,290 |
Inventories | 165,553 | 151,301 |
Prepaid expenses and other current assets | 41,980 | 27,289 |
Total current assets | 549,496 | 665,829 |
Property, plant and equipment, net | 325,822 | 263,099 |
Operating lease right-of-use assets | 21,620 | 16,866 |
Deferred income tax assets | 79,420 | 50,359 |
Goodwill | 214,709 | 27,691 |
Intangible assets, net | 293,699 | 52,378 |
Equity investment in related party | 25,974 | 27,265 |
Other assets | 48,936 | 69,230 |
Total assets | 1,565,301 | 1,181,155 |
Current liabilities: | ||
Trade accounts payable | 37,633 | 56,256 |
Accrued expenses and other current liabilities | 69,951 | 94,894 |
Current portion of operating lease liabilities | 5,486 | 4,493 |
Current portion of long-term debt | 3,959 | |
Total current liabilities | 120,187 | 165,325 |
Long-term debt | 250,464 | 25,000 |
Operating lease liabilities, less current portion | 16,321 | 13,048 |
Deferred income tax liabilities | 27,740 | |
Other long-term liabilities | 15,103 | 10,967 |
Total liabilities | 429,815 | 214,340 |
Commitments and contingencies (Note 11) | ||
Stockholders' Equity: | ||
Preferred stock, $0.01 par value; 20,000,000 shares authorized, no shares issued or outstanding | 0 | 0 |
Common stock, $0.01 par value; 1,000,000,000 shares authorized, 193,047,658 shares issued and outstanding at December 29, 2023; 1,000,000,000 shares authorized, 191,754,292 issued and outstanding at March 31, 2023 | 1,931 | 1,918 |
Additional paid-in capital | 684,063 | 674,179 |
Retained earnings | 470,127 | 310,315 |
Accumulated other comprehensive loss | (21,889) | (20,784) |
Equity attributable to Allegro MicroSystems, Inc. | 1,134,232 | 965,628 |
Non-controlling interests | 1,254 | 1,187 |
Total stockholders’ equity | 1,135,486 | 966,815 |
Total liabilities, non-controlling interests and stockholders’ equity | 1,565,301 | 1,181,155 |
Related Party | ||
Current assets: | ||
Trade and other accounts receivable due from related party | 154 | 13,494 |
Current portion of related party note receivable | 3,750 | 3,750 |
Related party note receivable, less current portion | 5,625 | 8,438 |
Current liabilities: | ||
Amounts due to related party | $ 3,158 | $ 9,682 |