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Allegro MicroSystems (ALGM) Competitors

Allegro MicroSystems logo
$26.61 -1.00 (-3.62%)
Closing price 04:00 PM Eastern
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$26.64 +0.04 (+0.13%)
As of 07:02 PM Eastern
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ALGM vs. FLEX, UMC, CLS, ALAB, CRDO, DRS, QRVO, NXT, OLED, and LITE

Should you be buying Allegro MicroSystems stock or one of its competitors? The main competitors of Allegro MicroSystems include Flex (FLEX), United Microelectronics (UMC), Celestica (CLS), Astera Labs (ALAB), Credo Technology Group (CRDO), Leonardo DRS (DRS), Qorvo (QRVO), Nextracker (NXT), Universal Display (OLED), and Lumentum (LITE). These companies are all part of the "electronic equipment" industry.

Allegro MicroSystems vs.

Allegro MicroSystems (NASDAQ:ALGM) and Flex (NASDAQ:FLEX) are both computer and technology companies, but which is the superior stock? We will contrast the two businesses based on the strength of their dividends, analyst recommendations, profitability, media sentiment, earnings, community ranking, risk, institutional ownership and valuation.

Flex has higher revenue and earnings than Allegro MicroSystems. Allegro MicroSystems is trading at a lower price-to-earnings ratio than Flex, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Allegro MicroSystems$772.76M6.34$152.70M-$0.35-76.03
Flex$25.58B0.60$1.01B$2.4816.27

In the previous week, Flex had 19 more articles in the media than Allegro MicroSystems. MarketBeat recorded 24 mentions for Flex and 5 mentions for Allegro MicroSystems. Allegro MicroSystems' average media sentiment score of 1.27 beat Flex's score of 0.48 indicating that Allegro MicroSystems is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Allegro MicroSystems
4 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Flex
9 Very Positive mention(s)
2 Positive mention(s)
9 Neutral mention(s)
3 Negative mention(s)
1 Very Negative mention(s)
Neutral

Allegro MicroSystems currently has a consensus price target of $30.70, indicating a potential upside of 15.37%. Flex has a consensus price target of $44.33, indicating a potential upside of 9.88%. Given Allegro MicroSystems' higher probable upside, research analysts plainly believe Allegro MicroSystems is more favorable than Flex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Allegro MicroSystems
0 Sell rating(s)
1 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.90
Flex
0 Sell rating(s)
0 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
3.17

Allegro MicroSystems has a beta of 1.66, meaning that its stock price is 66% more volatile than the S&P 500. Comparatively, Flex has a beta of 1.1, meaning that its stock price is 10% more volatile than the S&P 500.

56.5% of Allegro MicroSystems shares are owned by institutional investors. Comparatively, 94.3% of Flex shares are owned by institutional investors. 0.5% of Allegro MicroSystems shares are owned by insiders. Comparatively, 0.8% of Flex shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Flex received 491 more outperform votes than Allegro MicroSystems when rated by MarketBeat users. However, 65.26% of users gave Allegro MicroSystems an outperform vote while only 62.56% of users gave Flex an outperform vote.

CompanyUnderperformOutperform
Allegro MicroSystemsOutperform Votes
62
65.26%
Underperform Votes
33
34.74%
FlexOutperform Votes
553
62.56%
Underperform Votes
331
37.44%

Flex has a net margin of 3.95% compared to Allegro MicroSystems' net margin of -8.45%. Flex's return on equity of 17.93% beat Allegro MicroSystems' return on equity.

Company Net Margins Return on Equity Return on Assets
Allegro MicroSystems-8.45% 4.31% 3.00%
Flex 3.95%17.93%5.00%

Summary

Flex beats Allegro MicroSystems on 13 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

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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ALGM vs. The Competition

MetricAllegro MicroSystemsSemiconductors & related devices IndustryComputer SectorNASDAQ Exchange
Market Cap$4.90B$61.58B$26.21B$8.98B
Dividend YieldN/A2.07%2.75%3.85%
P/E Ratio-76.0346.6946.3418.82
Price / Sales6.3431.072,530.4080.82
Price / Cash18.2526.6335.5737.47
Price / Book5.257.346.864.64
Net Income$152.70M$751.28M$731.18M$245.69M
7 Day Performance3.38%-0.63%-2.01%-2.63%
1 Month Performance6.44%-6.79%0.09%-2.37%
1 Year Performance-14.30%49.07%20.24%13.65%

Allegro MicroSystems Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ALGM
Allegro MicroSystems
1.992 of 5 stars
$26.61
-3.6%
$30.70
+15.4%
-10.3%$4.90B$772.76M-76.034,040Positive News
FLEX
Flex
3.123 of 5 stars
$42.51
+0.3%
$44.33
+4.3%
+50.3%$16.29B$26.42B17.14148,000
UMC
United Microelectronics
3.0197 of 5 stars
$6.27
-0.6%
$7.40
+18.1%
-15.9%$15.70B$7.09B10.8019,833
CLS
Celestica
3.5665 of 5 stars
$132.16
+1.8%
$104.91
-20.6%
+233.2%$15.38B$9.65B35.3426,554Analyst Forecast
Positive News
Gap Up
ALAB
Astera Labs
4.1936 of 5 stars
$87.85
-0.4%
$115.33
+31.3%
N/A$13.93B$115.79M0.00225Insider Trade
CRDO
Credo Technology Group
4.3664 of 5 stars
$70.70
+0.3%
$76.40
+8.1%
+233.4%$11.82B$192.97M-471.33380Positive News
DRS
Leonardo DRS
2.9612 of 5 stars
$29.07
-9.6%
$33.00
+13.5%
+48.7%$7.69B$2.83B39.286,600Earnings Report
Dividend Announcement
Analyst Forecast
Buyback Announcement
News Coverage
High Trading Volume
QRVO
Qorvo
4.5698 of 5 stars
$76.16
-1.7%
$95.84
+25.8%
-31.1%$7.11B$3.77B272.008,700Positive News
NXT
Nextracker
3.6302 of 5 stars
$47.30
+3.0%
$56.50
+19.5%
-17.8%$6.89B$2.50B12.041,050
OLED
Universal Display
3.8489 of 5 stars
$142.50
-0.8%
$199.57
+40.1%
-20.7%$6.76B$576.43M28.61440Earnings Report
Dividend Increase
Analyst Forecast
LITE
Lumentum
4.4716 of 5 stars
$77.68
-0.6%
$88.07
+13.4%
+54.8%$5.34B$1.36B-10.107,257Analyst Forecast
Insider Trade

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This page (NASDAQ:ALGM) was last updated on 2/21/2025 by MarketBeat.com Staff
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