Allegro Microsystems Inc (ALGM) concluded trading on Thursday at a closing price of $33.67, with 4.23 million shares of worth about $142.48 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 55.95% during that period and on June 26, 2025 the price saw a gain of about 2.23%. Currently the company’s common shares owned by public are about 184.29M shares, out of which, 122.83M shares are available for trading.
Stock saw a price change of 8.37% in past 5 days and over the past one month there was a price change of 28.91%. Year-to-date (YTD), ALGM shares are showing a performance of 23.56% which increased to 54.03% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $16.38 but also hit the highest price of $33.26 during that period. The average intraday trading volume for Allegro Microsystems Inc shares is 2.93 million. The stock is currently trading 13.68% above its 20-day simple moving average (SMA20), while that difference is up 34.63% for SMA50 and it goes to 43.25% higher than SMA200.
Allegro Microsystems Inc (NASDAQ: ALGM) currently have 184.29M outstanding shares and institutions hold larger chunk of about 85.50% of that.
The stock has a current market capitalization of $6.23B and its 3Y-monthly beta is at 1.71. It has posted earnings per share of -$0.39 in the same period. It has Quick Ratio of 2.66 while making debt-to-equity ratio of 0.40. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ALGM, volatility over the week remained 3.65% while standing at 3.64% over the month.
Stock’s fiscal year EPS is expected to rise by 118.53% while it is estimated to increase by 82.80% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on June 16, 2025 offering a Buy rating for the stock and assigned a target price of $38 to it. Coverage by Wells Fargo stated Allegro Microsystems Inc (ALGM) stock as an Overweight in their note to investors on November 22, 2024, suggesting a price target of $23 for the stock. On November 12, 2024, Loop Capital Initiated their recommendations, while on November 07, 2024, Morgan Stanley Initiated their ratings for the stock with a price target of $21. Stock get a Buy rating from UBS on September 03, 2024.
