Allegro MicroSystems (NASDAQ:ALGM - Get Free Report) updated its third quarter 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 0.040-0.080 for the period, compared to the consensus earnings per share estimate of 0.120. The company issued revenue guidance of $170.0 million-$180.0 million, compared to the consensus revenue estimate of $204.7 million. Allegro MicroSystems also updated its Q3 guidance to $0.04-0.08 EPS.
Analyst Ratings Changes
ALGM has been the subject of several recent analyst reports. Mizuho set a $26.00 price target on Allegro MicroSystems in a report on Friday, October 18th. Needham & Company LLC dropped their target price on shares of Allegro MicroSystems from $33.00 to $30.00 and set a "buy" rating on the stock in a research report on Thursday. Finally, UBS Group started coverage on shares of Allegro MicroSystems in a report on Tuesday, September 3rd. They issued a "buy" rating and a $33.00 price target for the company. Eight equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of $33.00.
Check Out Our Latest Report on ALGM
Allegro MicroSystems Stock Performance
Shares of ALGM traded down $1.38 during mid-day trading on Thursday, reaching $20.84. The company had a trading volume of 4,230,199 shares, compared to its average volume of 1,943,439. The stock has a market capitalization of $4.04 billion, a P/E ratio of 54.84 and a beta of 1.67. Allegro MicroSystems has a 52-week low of $19.71 and a 52-week high of $33.26. The stock has a 50 day moving average of $22.32 and a two-hundred day moving average of $25.97. The company has a quick ratio of 2.98, a current ratio of 4.65 and a debt-to-equity ratio of 0.18.
Allegro MicroSystems (NASDAQ:ALGM - Get Free Report) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.03 EPS for the quarter, topping analysts' consensus estimates of $0.02 by $0.01. Allegro MicroSystems had a net margin of 7.91% and a return on equity of 13.88%. The business had revenue of $166.90 million for the quarter, compared to analysts' expectations of $165.04 million. During the same quarter last year, the company earned $0.34 EPS. The business's revenue was down 40.0% on a year-over-year basis. On average, analysts expect that Allegro MicroSystems will post 0.16 earnings per share for the current year.
Insider Buying and Selling at Allegro MicroSystems
In other Allegro MicroSystems news, major shareholder Electric Co. Ltd. Sanken sold 10,017,315 shares of the firm's stock in a transaction that occurred on Wednesday, August 7th. The stock was sold at an average price of $23.16, for a total value of $232,001,015.40. Following the sale, the insider now directly owns 59,732,782 shares of the company's stock, valued at approximately $1,383,411,231.12. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.50% of the stock is owned by corporate insiders.
Allegro MicroSystems Company Profile
(
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Allegro MicroSystems, Inc, together with its subsidiaries, designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific analog power ICs for motion control and energy-efficient systems. Its products include magnetic sensor ICs, such as position, speed, and current sensor ICs; and power ICs comprising motor driver ICs, regulator and LED driver ICs, and isolated gate drivers.
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