ALGM vs. CRUS, RMBS, POWI, FORM, IPGP, SLAB, TSEM, MTSI, SYNA, and DIOD
Should you be buying Allegro MicroSystems stock or one of its competitors? The main competitors of Allegro MicroSystems include Cirrus Logic (CRUS), Rambus (RMBS), Power Integrations (POWI), FormFactor (FORM), IPG Photonics (IPGP), Silicon Laboratories (SLAB), Tower Semiconductor (TSEM), MACOM Technology Solutions (MTSI), Synaptics (SYNA), and Diodes (DIOD). These companies are all part of the "semiconductors & related devices" industry.
Allegro MicroSystems (NASDAQ:ALGM) and Cirrus Logic (NASDAQ:CRUS) are both mid-cap computer and technology companies, but which is the superior business? We will contrast the two companies based on the strength of their community ranking, dividends, analyst recommendations, risk, valuation, media sentiment, institutional ownership, earnings and profitability.
In the previous week, Cirrus Logic had 10 more articles in the media than Allegro MicroSystems. MarketBeat recorded 20 mentions for Cirrus Logic and 10 mentions for Allegro MicroSystems. Allegro MicroSystems' average media sentiment score of 0.60 beat Cirrus Logic's score of 0.26 indicating that Allegro MicroSystems is being referred to more favorably in the media.
Allegro MicroSystems has a beta of 1.72, meaning that its stock price is 72% more volatile than the S&P 500. Comparatively, Cirrus Logic has a beta of 0.99, meaning that its stock price is 1% less volatile than the S&P 500.
Cirrus Logic has a net margin of 15.35% compared to Allegro MicroSystems' net margin of 14.55%. Allegro MicroSystems' return on equity of 20.67% beat Cirrus Logic's return on equity.
Cirrus Logic has higher revenue and earnings than Allegro MicroSystems. Cirrus Logic is trading at a lower price-to-earnings ratio than Allegro MicroSystems, indicating that it is currently the more affordable of the two stocks.
56.5% of Allegro MicroSystems shares are held by institutional investors. Comparatively, 88.0% of Cirrus Logic shares are held by institutional investors. 9.7% of Allegro MicroSystems shares are held by company insiders. Comparatively, 0.9% of Cirrus Logic shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Allegro MicroSystems presently has a consensus target price of $37.11, suggesting a potential upside of 24.28%. Cirrus Logic has a consensus target price of $107.86, suggesting a potential downside of 3.89%. Given Allegro MicroSystems' stronger consensus rating and higher possible upside, research analysts clearly believe Allegro MicroSystems is more favorable than Cirrus Logic.
Cirrus Logic received 703 more outperform votes than Allegro MicroSystems when rated by MarketBeat users. Likewise, 71.56% of users gave Cirrus Logic an outperform vote while only 63.41% of users gave Allegro MicroSystems an outperform vote.
Summary
Allegro MicroSystems beats Cirrus Logic on 10 of the 18 factors compared between the two stocks.
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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.
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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