Allegro MicroSystems (ALGM) Competitors $21.59 +0.52 (+2.47%) (As of 12/20/2024 05:31 PM ET) Add Compare Share Share Competitors Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends ALGM vs. UMC, FLEX, CRDO, DRS, OLED, QRVO, LITE, TSEM, SITM, and PIShould you be buying Allegro MicroSystems stock or one of its competitors? The main competitors of Allegro MicroSystems include United Microelectronics (UMC), Flex (FLEX), Credo Technology Group (CRDO), Leonardo DRS (DRS), Universal Display (OLED), Qorvo (QRVO), Lumentum (LITE), Tower Semiconductor (TSEM), SiTime (SITM), and Impinj (PI). These companies are all part of the "electronic equipment" industry. Allegro MicroSystems vs. United Microelectronics Flex Credo Technology Group Leonardo DRS Universal Display Qorvo Lumentum Tower Semiconductor SiTime Impinj Allegro MicroSystems (NASDAQ:ALGM) and United Microelectronics (NYSE:UMC) are both computer and technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their media sentiment, analyst recommendations, earnings, dividends, profitability, institutional ownership, community ranking, risk and valuation. Which has more risk and volatility, ALGM or UMC? Allegro MicroSystems has a beta of 1.67, meaning that its stock price is 67% more volatile than the S&P 500. Comparatively, United Microelectronics has a beta of 1.17, meaning that its stock price is 17% more volatile than the S&P 500. Which has higher valuation and earnings, ALGM or UMC? United Microelectronics has higher revenue and earnings than Allegro MicroSystems. Allegro MicroSystems is trading at a lower price-to-earnings ratio than United Microelectronics, indicating that it is currently the more affordable of the two stocks. CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings RatioAllegro MicroSystems$849.88M4.67$152.70M-$0.14-154.21United Microelectronics$226.87B0.07$1.95B$0.6510.05 Does the MarketBeat Community prefer ALGM or UMC? United Microelectronics received 318 more outperform votes than Allegro MicroSystems when rated by MarketBeat users. However, 64.84% of users gave Allegro MicroSystems an outperform vote while only 61.50% of users gave United Microelectronics an outperform vote. CompanyUnderperformOutperformAllegro MicroSystemsOutperform Votes5964.84% Underperform Votes3235.16% United MicroelectronicsOutperform Votes37761.50% Underperform Votes23638.50% Does the media refer more to ALGM or UMC? In the previous week, United Microelectronics had 5 more articles in the media than Allegro MicroSystems. MarketBeat recorded 10 mentions for United Microelectronics and 5 mentions for Allegro MicroSystems. Allegro MicroSystems' average media sentiment score of 1.13 beat United Microelectronics' score of 0.67 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) 1 Positive mention(s) 0 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Positive United Microelectronics 5 Very Positive mention(s) 2 Positive mention(s) 2 Neutral mention(s) 1 Negative mention(s) 0 Very Negative mention(s) Positive Is ALGM or UMC more profitable? United Microelectronics has a net margin of 22.89% compared to Allegro MicroSystems' net margin of -2.96%. United Microelectronics' return on equity of 14.35% beat Allegro MicroSystems' return on equity.Company Net Margins Return on Equity Return on Assets Allegro MicroSystems-2.96% 8.48% 6.09% United Microelectronics 22.89%14.35%9.13% Do analysts rate ALGM or UMC? Allegro MicroSystems currently has a consensus price target of $30.09, indicating a potential upside of 39.37%. United Microelectronics has a consensus price target of $7.40, indicating a potential upside of 13.32%. Given Allegro MicroSystems' stronger consensus rating and higher probable upside, equities analysts plainly believe Allegro MicroSystems is more favorable than United Microelectronics.Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Allegro MicroSystems 0 Sell rating(s) 1 Hold rating(s) 10 Buy rating(s) 0 Strong Buy rating(s) 2.91United Microelectronics 0 Sell rating(s) 4 Hold rating(s) 1 Buy rating(s) 0 Strong Buy rating(s) 2.20 Do institutionals & insiders hold more shares of ALGM or UMC? 56.5% of Allegro MicroSystems shares are owned by institutional investors. Comparatively, 5.1% of United Microelectronics shares are owned by institutional investors. 0.5% of Allegro MicroSystems shares are owned by company insiders. Comparatively, 8.0% of United Microelectronics shares are owned 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. SummaryUnited Microelectronics beats Allegro MicroSystems on 10 of the 18 factors compared between the two stocks. Ad Crypto Swap ProfitsURGENT: This Altcoin Opportunity Won’t Wait – Act NowCrypto has officially entered the "banana zone" – that wild phase where prices can 1000x in days. It happens like clockwork every 4 years, during the December to February window of a Bitcoin halving year. This is where fortunes are made – often LITERALLY overnight.>> Register for the Workshop Now Get Allegro MicroSystems News Delivered to You Automatically Sign up to receive the latest news and ratings for ALGM and its competitors with MarketBeat's FREE daily newsletter. Email Address New MarketBeat Followers Over TimeWhat are MarkeBeat Followers?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. Skip ChartMedia Sentiment Over TimeWhat is Media Sentiment?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.Skip Chart ALGM vs. The Competition Export to ExcelMetricAllegro MicroSystemsSemiconductors & related devices IndustryComputer SectorNASDAQ ExchangeMarket Cap$3.97B$59.92B$24.90B$9.08BDividend YieldN/A2.11%2.75%4.21%P/E Ratio-154.2039.30244.6117.15Price / Sales4.6745.263,226.70116.80Price / Cash14.4725.5234.6137.88Price / Book3.687.547.894.78Net Income$152.70M$983.89M$668.28M$225.60M7 Day Performance-1.86%-0.38%0.72%-1.21%1 Month Performance3.43%12.75%6.87%3.09%1 Year Performance-29.51%8.96%22.77%16.48% Allegro MicroSystems Competitors List Export to ExcelCompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)ALGMAllegro MicroSystems3.3147 of 5 stars$21.59+2.5%$30.09+39.4%-28.0%$3.97B$849.88M-154.204,593Positive NewsHigh Trading VolumeUMCUnited Microelectronics2.5666 of 5 stars$6.40+0.2%$7.40+15.6%-16.4%$16.04B$7.25B9.8319,833Positive NewsFLEXFlex3.3319 of 5 stars$38.14-0.6%$42.67+11.9%+30.6%$14.79B$25.45B16.98148,000CRDOCredo Technology Group3.0567 of 5 stars$76.11+0.2%$67.33-11.5%+260.8%$12.73B$245.59M-518.47500Analyst ForecastInsider TradePositive NewsGap DownDRSLeonardo DRS1.9345 of 5 stars$34.76+2.0%$32.17-7.5%+77.0%$9.19B$2.83B46.076,600OLEDUniversal Display4.3906 of 5 stars$161.33-0.9%$215.63+33.7%-19.7%$7.66B$643.71M32.84456Ex-DividendAnalyst RevisionQRVOQorvo4.7023 of 5 stars$70.53+1.4%$102.88+45.9%-34.7%$6.67B$3.77B-47.668,700Analyst DowngradeLITELumentum3.2333 of 5 stars$93.47+0.6%$74.85-19.9%+70.0%$6.42B$1.36B-11.227,257Analyst ForecastTSEMTower Semiconductor2.5633 of 5 stars$52.24+4.5%$58.33+11.7%+69.8%$5.79B$1.40B27.725,215Options VolumePositive NewsSITMSiTime0.9613 of 5 stars$243.41-3.6%$196.25-19.4%+79.4%$5.69B$143.99M-61.02380Gap DownPIImpinj4.8271 of 5 stars$151.90+0.6%$224.60+47.9%+77.9%$4.30B$307.54M166.54475 Related Companies and Tools Related Companies United Microelectronics Competitors Flex Competitors Credo Technology Group Competitors Leonardo DRS Competitors Universal Display Competitors Qorvo Competitors Lumentum Competitors Tower Semiconductor Competitors SiTime Competitors Impinj Competitors Top 10 Stock Comparisons Bank Stocks Artificial Intelligence Stocks Toy Stocks Growth Stocks Airline Stocks Chinese Stocks EV Charging Stocks Defense Stocks Lithium Stocks Pharmaceutical Stocks This page (NASDAQ:ALGM) was last updated on 12/21/2024 by MarketBeat.com Staff From Our PartnersAmazon coin set to soar 25X – starting December 16th?This tiny 3-cent crypto just partnered with one of the biggest companies in the world… Amazon. 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